Ttet Union (TPE:1232) E10: NT$8.17 (As of Dec. 2025)


TPE:1232 Ttet Union Corp TPE:1232
85 GF Score
Price NT$141.00
GF Value NT$134.80
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Ttet Union E10?

Ttet Union TPE:1232 -0.35% 85 E10 is NT$8.17 as of Dec. 2025. GuruFocus rates TPE:1232 with a GF Score™ of 85/100 and a GF Value™ of NT$134.80 (Fairly Valued). The stock has 6 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.

Ttet Union's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$2.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$8.17 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Ttet Union's average E10 Growth Rate was 3.30% per year. During the past 3 years, the average E10 Growth Rate was 4.00% per year. During the past 5 years, the average E10 Growth Rate was 7.40% 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 Ttet Union was 11.00% per year. The lowest was 4.00% per year. And the median was 8.00% per year.

As of today (2026-06-29), Ttet Union's current stock price is NT$141.00. Ttet Union's E10 for the quarter that ended in Dec. 2025 was NT$8.17. Ttet Union's Shiller PE Ratio of today is 17.26.

During the past 13 years, the highest Shiller PE Ratio of Ttet Union was 29.73. The lowest was 17.25. And the median was 20.29.


Ttet Union  (TPE:1232) 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.

Ttet Union's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=141.00/8.17
=17.26

* 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 Ttet Union was 29.73. The lowest was 17.25. And the median was 20.29.


Be Aware

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


Ttet Union E10 Related Terms


Ttet Union E10 Historical Data

* Premium members only.

The historical data trend for Ttet Union'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.

Ttet Union E10 Chart

Ttet Union 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 6.44 7.27 7.69 7.91 8.17

Ttet Union 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 7.91 8.01 8.13 8.14 8.17

TPE:1232 vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, Ttet Union'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.


Ttet Union Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ttet Union's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ttet Union's Shiller PE Ratio falls into.


TPE:1232
85GF Score
Ttet Union Corp TPE:1232
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ttet Union 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, Ttet Union'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)
=2.41/324.0540*324.0540
=2.410

Current CPI (Dec. 2025) = 324.0540.

Ttet Union Quarterly Data

per share eps CPI Adj_EPS
201603 1.090 238.132 1.483
201606 1.690 241.018 2.272
201609 1.190 241.428 1.597
201612 1.600 241.432 2.148
201703 1.060 243.801 1.409
201706 1.260 244.955 1.667
201709 1.460 246.819 1.917
201712 1.320 246.524 1.735
201803 1.230 249.554 1.597
201806 1.450 251.989 1.865
201809 1.210 252.439 1.553
201812 1.770 251.233 2.283
201903 1.850 254.202 2.358
201906 1.320 256.143 1.670
201909 1.450 256.759 1.830
201912 1.450 256.974 1.829
202003 1.660 258.115 2.084
202006 1.580 257.797 1.986
202009 2.160 260.280 2.689
202012 2.660 260.474 3.309
202103 3.050 264.877 3.731
202106 1.680 271.696 2.004
202109 0.840 274.310 0.992
202112 2.180 278.802 2.534
202203 2.980 287.504 3.359
202206 2.350 296.311 2.570
202209 0.780 296.808 0.852
202212 1.540 296.797 1.681
202303 2.160 301.836 2.319
202306 1.610 305.109 1.710
202309 1.690 307.789 1.779
202312 2.060 306.746 2.176
202403 1.760 312.332 1.826
202406 2.650 314.175 2.733
202409 1.600 315.301 1.644
202412 2.210 315.605 2.269
202503 1.930 319.799 1.956
202506 2.000 322.561 2.009
202509 1.900 324.800 1.896
202512 2.410 324.054 2.410

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$8.17 mean?
Ttet Union (TPE:1232) has a E10 of NT$8.17 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ttet Union and its competitors.
Is Ttet Union's E10 too high?
Ttet Union's current E10 is NT$8.17. Overall, Ttet Union has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ttet Union's E10 compare to KHC and GIS?
Ttet Union's E10 of NT$8.17 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 Ttet Union and its competitors. Ttet Union's current E10 is NT$8.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ttet Union stock overvalued right now?
Based on GuruFocus' analysis, Ttet Union (TPE:1232) is currently considered Fairly Valued. The stock's GF Value™ is NT$134.80, compared to a current price of NT$141.00 — trading 4.6% above its estimated fair value. The current E10 is NT$8.17. Ttet Union's overall GF Score™ is 85/100 with 6 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 Ttet Union (TPE:1232), the current E10 is NT$8.17 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 Ttet Union (TPE:1232) Overvalued in 2026?

Based on GuruFocus' analysis, Ttet Union stock appears to be overvalued. The current stock price of NT$141.00 is trading 4.6% above its estimated GF Value™ of NT$134.80. GuruFocus considers Ttet Union to be Fairly Valued.

Key valuation signals for TPE:1232:

  • E10: NT$8.17
  • GF Value™: NT$134.80 vs. price of NT$141.00 (4.6% above fair value)
  • GF Score™: 85/100 with 6 warning signs

No single metric tells the full story. See the TPE:1232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ttet Union Business Description

Address No. 32, Industrial West Road, Erzhen Village, Guantian District, Tainan, TWN, 720008
Ttet Union Corp is mainly engaged in the manufacture, processing, sales, import, and export of various vegetable oils, and is also involved in the cogeneration plant business. The Company manufactures, processes, and sells soybean flour, selected soybeans, and other related products. Its product categories include plant oil series, soy protein series, selected soybean series, and others.
85GF Score

Get the complete analysis for TPE:1232

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

NT$141.00
Price
NT$134.80
GF Value