Southeast Cement Co (TPE:1110) E10: NT$0.25 (As of Dec. 2025)


TPE:1110 Southeast Cement Co Ltd TPE:1110
74 GF Score
Price NT$15.65
GF Value NT$25.47
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Southeast Cement Co E10?

Southeast Cement Co TPE:1110 +4.33% 74 E10 is NT$0.25 as of Dec. 2025. GuruFocus rates TPE:1110 with a GF Score™ of 74/100 and a GF Value™ of NT$25.47 (Possible Value Trap). The stock has 7 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.

Southeast Cement Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.25 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Southeast Cement Co's average E10 Growth Rate was 4.20% per year. During the past 3 years, the average E10 Growth Rate was 6.00% per year. During the past 5 years, the average E10 Growth Rate was 9.80% 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 Southeast Cement Co was 11.90% per year. The lowest was 5.90% per year. And the median was 8.10% per year.

As of today (2026-07-01), Southeast Cement Co's current stock price is NT$15.65. Southeast Cement Co's E10 for the quarter that ended in Dec. 2025 was NT$0.25. Southeast Cement Co's Shiller PE Ratio of today is 62.60.

During the past 13 years, the highest Shiller PE Ratio of Southeast Cement Co was 134.00. The lowest was 56.80. And the median was 102.42.


Southeast Cement Co  (TPE:1110) 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.

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

Shiller PE Ratio=Share Price/E10
=15.65/0.25
=62.60

* 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 Southeast Cement Co was 134.00. The lowest was 56.80. And the median was 102.42.


Be Aware

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


Southeast Cement Co E10 Related Terms


Southeast Cement Co E10 Historical Data

* Premium members only.

The historical data trend for Southeast 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.

Southeast Cement Co E10 Chart

Southeast 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 0.19 0.21 0.21 0.24 0.25

Southeast 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 0.24 0.25 0.24 0.25 0.25

TPE:1110 vs CRH, VMC, MLM: E10 Comparison

For the Building Materials subindustry, Southeast 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.


Southeast Cement Co Shiller PE Ratio vs Building Materials Industry

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

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


TPE:1110
74GF Score
Southeast Cement Co Ltd TPE:1110
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southeast 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, Southeast 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)
=0.07/324.0540*324.0540
=0.070

Current CPI (Dec. 2025) = 324.0540.

Southeast Cement Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.210 238.132 0.286
201606 0.030 241.018 0.040
201609 -0.020 241.428 -0.027
201612 -0.032 241.432 -0.043
201703 0.040 243.801 0.053
201706 -0.050 244.955 -0.066
201709 0.030 246.819 0.039
201712 0.095 246.524 0.125
201803 0.030 249.554 0.039
201806 0.070 251.989 0.090
201809 0.060 252.439 0.077
201812 -0.044 251.233 -0.057
201903 0.050 254.202 0.064
201906 -0.010 256.143 -0.013
201909 0.020 256.759 0.025
201912 -0.010 256.974 -0.013
202003 -0.050 258.115 -0.063
202006 0.020 257.797 0.025
202009 0.040 260.280 0.050
202012 0.030 260.474 0.037
202103 0.030 264.877 0.037
202106 0.050 271.696 0.060
202109 0.140 274.310 0.165
202112 0.040 278.802 0.046
202203 0.050 287.504 0.056
202206 -0.100 296.311 -0.109
202209 0.120 296.808 0.131
202212 0.190 296.797 0.207
202303 0.060 301.836 0.064
202306 0.120 305.109 0.127
202309 0.100 307.789 0.105
202312 -0.020 306.746 -0.021
202403 0.050 312.332 0.052
202406 0.100 314.175 0.103
202409 0.350 315.301 0.360
202412 0.110 315.605 0.113
202503 0.080 319.799 0.081
202506 -0.010 322.561 -0.010
202509 0.210 324.800 0.210
202512 0.070 324.054 0.070

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$0.25 mean?
Southeast Cement Co (TPE:1110) has a E10 of NT$0.25 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Southeast Cement Co and its competitors.
Is Southeast Cement Co's E10 too high?
Southeast Cement Co's current E10 is NT$0.25. Overall, Southeast Cement Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Southeast Cement Co's E10 compare to CRH and VMC?
Southeast Cement Co's E10 of NT$0.25 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 Southeast Cement Co and its competitors. Southeast Cement Co's current E10 is NT$0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southeast Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Southeast Cement Co (TPE:1110) is currently considered Possible Value Trap. The stock's GF Value™ is NT$25.47, compared to a current price of NT$15.65 — trading 38.6% below its estimated fair value. The current E10 is NT$0.25. Southeast Cement Co's overall GF Score™ is 74/100 with 7 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 Southeast Cement Co (TPE:1110), the current E10 is NT$0.25 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 Southeast Cement Co (TPE:1110) Overvalued in 2026?

Based on GuruFocus' analysis, Southeast Cement Co stock appears to be undervalued. The current stock price of NT$15.65 is trading 38.6% below its estimated GF Value™ of NT$25.47. GuruFocus considers Southeast Cement Co to be Possible Value Trap.

Key valuation signals for TPE:1110:

  • E10: NT$0.25
  • GF Value™: NT$25.47 vs. price of NT$15.65 (38.6% below fair value)
  • GF Score™: 74/100 with 7 warning signs

No single metric tells the full story. See the TPE:1110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southeast Cement Co Business Description

Address WuFu 3rd Road, No.21, 4th Floor - 1, Qianjin District, Kaohsiung City, TWN, 801
Southeast Cement Co Ltd is mainly engaged in the manufacturing and sale of cement-related products. Its main business activities include manufacturing and selling cement, furnace slag powder, cement processed products, and ready-mixed concrete. Its products include Bootland Type 1 Cement and Water-quenched Blast Furnace Slag Powder. The Company operates through four reportable segments: Production Department, which generates the maximum revenue and is engaged in the production and sales of cement and furnace slag powder; Lease Department, engaged in the rental business of properties such as land and factories; Construction Department, engaged in the construction of residences and sales business; and Engineering Department, engaged in contracting construction and engineering services.
74GF Score

Get the complete analysis for TPE:1110

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

NT$15.65
Price
NT$25.47
GF Value