Taiwan Semiconductor Co (ROCO:5425) E10: NT$3.73 (As of Dec. 2025)

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ROCO:5425 Taiwan Semiconductor Co Ltd ROCO:5425
82 GF Score
Price NT$89.50
GF Value NT$87.67
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Taiwan Semiconductor Co E10?

Taiwan Semiconductor Co ROCO:5425 +4.07% 82 E10 is NT$3.73 as of Dec. 2025. GuruFocus rates ROCO:5425 with a GF Score™ of 82/100 and a GF Value™ of NT$87.67 (Fairly Valued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Taiwan Semiconductor Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$3.73 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Taiwan Semiconductor Co's average E10 Growth Rate was -3.60% per year. During the past 3 years, the average E10 Growth Rate was 0.40% per year. During the past 5 years, the average E10 Growth Rate was 7.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Taiwan Semiconductor Co was 14.30% per year. The lowest was 0.40% per year. And the median was 9.30% per year.

As of today (2026-07-22), Taiwan Semiconductor Co's current stock price is NT$89.50. Taiwan Semiconductor Co's E10 for the quarter that ended in Dec. 2025 was NT$3.73. Taiwan Semiconductor Co's Shiller PE Ratio of today is 23.99.

During the past 13 years, the highest Shiller PE Ratio of Taiwan Semiconductor Co was 35.12. The lowest was 10.36. And the median was 20.03.


Taiwan Semiconductor Co  (ROCO:5425) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Taiwan Semiconductor Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=89.50/3.73
=23.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Taiwan Semiconductor Co was 35.12. The lowest was 10.36. And the median was 20.03.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Taiwan Semiconductor Co E10 Related Terms


Taiwan Semiconductor Co E10 Historical Data

* Premium members only.

The historical data trend for Taiwan Semiconductor Co's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Taiwan Semiconductor Co E10 Chart

Taiwan Semiconductor Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.96 3.69 3.90 3.87 3.73

Taiwan Semiconductor Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.87 3.88 3.85 3.80 3.73

ROCO:5425 vs NVDA, AVGO, MU: E10 Comparison

For the Semiconductors subindustry, Taiwan Semiconductor Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Taiwan Semiconductor Co Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Taiwan Semiconductor Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Semiconductor Co's Shiller PE Ratio falls into.


ROCO:5425
82GF Score
Taiwan Semiconductor Co Ltd ROCO:5425
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Semiconductor Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Taiwan Semiconductor Co's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.84/324.0540*324.0540
=0.840

Current CPI (Dec. 2025) = 324.0540.

Taiwan Semiconductor Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.760 238.132 1.034
201606 0.740 241.018 0.995
201609 0.770 241.428 1.034
201612 1.020 241.432 1.369
201703 0.770 243.801 1.023
201706 0.820 244.955 1.085
201709 1.120 246.819 1.470
201712 1.030 246.524 1.354
201803 0.980 249.554 1.273
201806 0.810 251.989 1.042
201809 0.740 252.439 0.950
201812 0.860 251.233 1.109
201903 0.600 254.202 0.765
201906 0.520 256.143 0.658
201909 0.490 256.759 0.618
201912 0.570 256.974 0.719
202003 0.410 258.115 0.515
202006 0.430 257.797 0.541
202009 0.550 260.280 0.685
202012 0.790 260.474 0.983
202103 0.730 264.877 0.893
202106 0.720 271.696 0.859
202109 1.000 274.310 1.181
202112 1.080 278.802 1.255
202203 1.540 287.504 1.736
202206 1.540 296.311 1.684
202209 1.930 296.808 2.107
202212 1.230 296.797 1.343
202303 0.920 301.836 0.988
202306 0.620 305.109 0.658
202309 0.930 307.789 0.979
202312 0.400 306.746 0.423
202403 0.420 312.332 0.436
202406 0.500 314.175 0.516
202409 0.330 315.301 0.339
202412 0.620 315.605 0.637
202503 0.470 319.799 0.476
202506 0.170 322.561 0.171
202509 0.600 324.800 0.599
202512 0.840 324.054 0.840

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of NT$3.73 mean?
Taiwan Semiconductor Co (ROCO:5425) has a E10 of NT$3.73 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Taiwan Semiconductor Co and its competitors.
Is Taiwan Semiconductor Co's E10 too high?
Taiwan Semiconductor Co's current E10 is NT$3.73. Overall, Taiwan Semiconductor Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Semiconductor Co's E10 compare to NVDA and AVGO?
Taiwan Semiconductor Co's E10 of NT$3.73 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Semiconductors company?
A good E10 depends on the Semiconductors industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Taiwan Semiconductor Co and its competitors. Taiwan Semiconductor Co's current E10 is NT$3.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Semiconductor Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Semiconductor Co (ROCO:5425) is currently considered Fairly Valued. The stock's GF Value™ is NT$87.67, compared to a current price of NT$89.50 — trading 2.1% above its estimated fair value. The current E10 is NT$3.73. Taiwan Semiconductor Co's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Taiwan Semiconductor Co (ROCO:5425), the current E10 is NT$3.73 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Taiwan Semiconductor Co (ROCO:5425) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Semiconductor Co stock appears to be overvalued. The current stock price of NT$89.50 is trading 2.1% above its estimated GF Value™ of NT$87.67. GuruFocus considers Taiwan Semiconductor Co to be Fairly Valued.

Key valuation signals for ROCO:5425:

  • E10: NT$3.73
  • GF Value™: NT$87.67 vs. price of NT$89.50 (2.1% above fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the ROCO:5425 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Semiconductor Co Business Description

Address Beixin Road, 11th Floor, No. 205, Section 3, Xindian District, New Taipei, TWN, 231
Taiwan Semiconductor Co Ltd is a company that is mainly engaged in the manufacturing and sale of semiconductor devices. The company's segment includes Rectifiers and Bar Code Printers. It generates maximum revenue from the Rectifiers segment. Its product portfolio includes Bridge Rectifier, Diode, DIAC and Thyristor, ESD Protection, Photocoupler, Transistor, Hall Effect Sensors, Voltage Reference, Switching Regulator, Linear Voltage Regulator, Amplifier and Comparator, and others.
82GF Score

Get the complete analysis for ROCO:5425

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$89.50
Price
NT$87.67
GF Value