Lucky Cement Co (TPE:1108) E10: NT$0.87 (As of Dec. 2025)


TPE:1108 Lucky Cement Co TPE:1108
72 GF Score
Price NT$13.70
GF Value NT$13.98
Valuation Fairly Valued
! 2 Warning Signs
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What is Lucky Cement Co E10?

Lucky Cement Co TPE:1108 -0.72% 72 E10 is NT$0.87 as of Dec. 2025. GuruFocus rates TPE:1108 with a GF Score™ of 72/100 and a GF Value™ of NT$13.98 (Fairly Valued). The stock has 2 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.

Lucky Cement Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.87 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Lucky Cement Co's average E10 Growth Rate was 10.10% per year. During the past 3 years, the average E10 Growth Rate was 9.10% per year. During the past 5 years, the average E10 Growth Rate was 15.30% 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 Lucky Cement Co was 37.10% per year. The lowest was 9.10% per year. And the median was 17.80% per year.

As of today (2026-06-28), Lucky Cement Co's current stock price is NT$13.70. Lucky Cement Co's E10 for the quarter that ended in Dec. 2025 was NT$0.87. Lucky Cement Co's Shiller PE Ratio of today is 15.75.

During the past 13 years, the highest Shiller PE Ratio of Lucky Cement Co was 38.80. The lowest was 15.57. And the median was 20.83.


Lucky Cement Co  (TPE:1108) 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.

Lucky Cement Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.70/0.87
=15.75

* 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 Lucky Cement Co was 38.80. The lowest was 15.57. And the median was 20.83.


Be Aware

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


Lucky Cement Co E10 Related Terms


Lucky Cement Co E10 Historical Data

* Premium members only.

The historical data trend for Lucky Cement 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.

Lucky Cement Co E10 Chart

Lucky Cement 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 0.55 0.67 0.76 0.79 0.87

Lucky Cement 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 0.79 0.78 0.87 0.87 0.87

TPE:1108 vs CRH, VMC, MLM: E10 Comparison

For the Building Materials subindustry, Lucky Cement 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.


Lucky Cement Co Shiller PE Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lucky Cement Co's Shiller PE Ratio distribution charts can be found below:

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


TPE:1108
72GF Score
Lucky Cement Co TPE:1108
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lucky Cement 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, Lucky Cement 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)
=0.16/324.0540*324.0540
=0.160

Current CPI (Dec. 2025) = 324.0540.

Lucky Cement Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.250 238.132 0.340
201606 0.230 241.018 0.309
201609 0.190 241.428 0.255
201612 0.110 241.432 0.148
201703 0.050 243.801 0.066
201706 0.020 244.955 0.026
201709 -0.020 246.819 -0.026
201712 -0.300 246.524 -0.394
201803 -0.010 249.554 -0.013
201806 -0.005 251.989 -0.006
201809 -0.100 252.439 -0.128
201812 -0.320 251.233 -0.413
201903 -0.070 254.202 -0.089
201906 0.040 256.143 0.051
201909 0.040 256.759 0.050
201912 0.112 256.974 0.141
202003 0.230 258.115 0.289
202006 0.330 257.797 0.415
202009 0.240 260.280 0.299
202012 0.160 260.474 0.199
202103 0.130 264.877 0.159
202106 0.200 271.696 0.239
202109 0.090 274.310 0.106
202112 0.230 278.802 0.267
202203 0.140 287.504 0.158
202206 0.290 296.311 0.317
202209 0.330 296.808 0.360
202212 0.680 296.797 0.742
202303 0.310 301.836 0.333
202306 0.370 305.109 0.393
202309 0.470 307.789 0.495
202312 0.140 306.746 0.148
202403 0.300 312.332 0.311
202406 0.330 314.175 0.340
202409 0.270 315.301 0.277
202412 0.320 315.605 0.329
202503 0.320 319.799 0.324
202506 1.390 322.561 1.396
202509 0.300 324.800 0.299
202512 0.160 324.054 0.160

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$0.87 mean?
Lucky Cement Co (TPE:1108) has a E10 of NT$0.87 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Lucky Cement Co and its competitors.
Is Lucky Cement Co's E10 too high?
Lucky Cement Co's current E10 is NT$0.87. Overall, Lucky Cement Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lucky Cement Co's E10 compare to CRH and VMC?
Lucky Cement Co's E10 of NT$0.87 can be compared against companies in the Building Materials 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 Building Materials company?
A good E10 depends on the Building Materials 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 Lucky Cement Co and its competitors. Lucky Cement Co's current E10 is NT$0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lucky Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Lucky Cement Co (TPE:1108) is currently considered Fairly Valued. The stock's GF Value™ is NT$13.98, compared to a current price of NT$13.70 — trading 2% below its estimated fair value. The current E10 is NT$0.87. Lucky Cement Co's overall GF Score™ is 72/100 with 2 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 Lucky Cement Co (TPE:1108), the current E10 is NT$0.87 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 Lucky Cement Co (TPE:1108) Overvalued in 2026?

Based on GuruFocus' analysis, Lucky Cement Co stock appears to be undervalued. The current stock price of NT$13.70 is trading 2% below its estimated GF Value™ of NT$13.98. GuruFocus considers Lucky Cement Co to be Fairly Valued.

Key valuation signals for TPE:1108:

  • E10: NT$0.87
  • GF Value™: NT$13.98 vs. price of NT$13.70 (2% below fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the TPE:1108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lucky Cement Co Business Description

Address No.237, Songjiang Road, 15th Floor, Zhongshan District, Taipei, TWN
Lucky Cement Co is a cement manufacturer and its revenue mainly comes from sales of cement, stone materials, and other cement products. Its products include Portland cement which is suitable for the construction of a Reservoir, Dam, bridge foundation, wharf, harbor, and construction in coast areas, Slag and Ashes. Geographically the activities are carried out in Taiwan.
72GF Score

Get the complete analysis for TPE:1108

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

NT$13.70
Price
NT$13.98
GF Value