I-Hwa Indusstrial Co (TPE:1456) E10: NT$1.21 (As of Dec. 2025)


TPE:1456 I-Hwa Indusstrial Co Ltd TPE:1456
71 GF Score
Price NT$14.25
GF Value NT$12.04
Valuation Modestly Overvalued
! 7 Warning Signs
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What is I-Hwa Indusstrial Co E10?

I-Hwa Indusstrial Co TPE:1456 -0.35% 71 E10 is NT$1.21 as of Dec. 2025. GuruFocus rates TPE:1456 with a GF Score™ of 71/100 and a GF Value™ of NT$12.04 (Modestly Overvalued). 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.

I-Hwa Indusstrial Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$4.309. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.21 for the trailing ten years ended in Dec. 2025.

During the past 12 months, I-Hwa Indusstrial Co's average E10 Growth Rate was 19.80% 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 I-Hwa Indusstrial Co was 43.90% per year. The lowest was 37.90% per year. And the median was 40.90% per year.

As of today (2026-06-30), I-Hwa Indusstrial Co's current stock price is NT$14.25. I-Hwa Indusstrial Co's E10 for the quarter that ended in Dec. 2025 was NT$1.21. I-Hwa Indusstrial Co's Shiller PE Ratio of today is 11.78.

During the past 13 years, the highest Shiller PE Ratio of I-Hwa Indusstrial Co was 25.06. The lowest was 10.50. And the median was 12.38.


I-Hwa Indusstrial Co  (TPE:1456) 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.

I-Hwa Indusstrial Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.25/1.21
=11.78

* 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 I-Hwa Indusstrial Co was 25.06. The lowest was 10.50. And the median was 12.38.


Be Aware

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


I-Hwa Indusstrial Co E10 Related Terms


I-Hwa Indusstrial Co E10 Historical Data

* Premium members only.

The historical data trend for I-Hwa Indusstrial 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.

I-Hwa Indusstrial Co E10 Chart

I-Hwa Indusstrial 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 -1.48 -0.62 -0.67 1.01 1.21

I-Hwa Indusstrial 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 1.01 1.01 1.04 1.03 1.21

TPE:1456 vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, I-Hwa Indusstrial 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.


I-Hwa Indusstrial Co Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, I-Hwa Indusstrial Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where I-Hwa Indusstrial Co's Shiller PE Ratio falls into.


TPE:1456
71GF Score
I-Hwa Indusstrial Co Ltd TPE:1456
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

I-Hwa Indusstrial 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, I-Hwa Indusstrial 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)
=4.309/324.0540*324.0540
=4.309

Current CPI (Dec. 2025) = 324.0540.

I-Hwa Indusstrial Co Quarterly Data

per share eps CPI Adj_EPS
201603 -0.280 238.132 -0.381
201606 -0.040 241.018 -0.054
201609 -0.030 241.428 -0.040
201612 0.850 241.432 1.141
201703 -0.060 243.801 -0.080
201706 0.020 244.955 0.026
201709 -0.160 246.819 -0.210
201712 0.610 246.524 0.802
201803 -0.070 249.554 -0.091
201806 -0.190 251.989 -0.244
201809 0.030 252.439 0.039
201812 0.360 251.233 0.464
201903 -0.050 254.202 -0.064
201906 0.050 256.143 0.063
201909 -0.040 256.759 -0.050
201912 0.310 256.974 0.391
202003 -0.080 258.115 -0.100
202006 -0.160 257.797 -0.201
202009 -0.130 260.280 -0.162
202012 1.100 260.474 1.369
202103 1.280 264.877 1.566
202106 2.270 271.696 2.707
202109 0.010 274.310 0.012
202112 1.280 278.802 1.488
202203 -0.430 287.504 -0.485
202206 -0.360 296.311 -0.394
202209 -0.300 296.808 -0.328
202212 0.280 296.797 0.306
202303 -0.630 301.836 -0.676
202306 1.310 305.109 1.391
202309 -0.120 307.789 -0.126
202312 -0.510 306.746 -0.539
202403 -0.460 312.332 -0.477
202406 -0.440 314.175 -0.454
202409 -0.160 315.301 -0.164
202412 2.172 315.605 2.230
202503 -0.480 319.799 -0.486
202506 -0.080 322.561 -0.080
202509 -0.340 324.800 -0.339
202512 4.309 324.054 4.309

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$1.21 mean?
I-Hwa Indusstrial Co (TPE:1456) has a E10 of NT$1.21 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on I-Hwa Indusstrial Co and its competitors.
Is I-Hwa Indusstrial Co's E10 too high?
I-Hwa Indusstrial Co's current E10 is NT$1.21. Overall, I-Hwa Indusstrial Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does I-Hwa Indusstrial Co's E10 compare to CBRE and BEKE?
I-Hwa Indusstrial Co's E10 of NT$1.21 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 I-Hwa Indusstrial Co and its competitors. I-Hwa Indusstrial Co's current E10 is NT$1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I-Hwa Indusstrial Co stock overvalued right now?
Based on GuruFocus' analysis, I-Hwa Indusstrial Co (TPE:1456) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$12.04, compared to a current price of NT$14.25 — trading 18.4% above its estimated fair value. The current E10 is NT$1.21. I-Hwa Indusstrial Co's overall GF Score™ is 71/100 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 I-Hwa Indusstrial Co (TPE:1456), the current E10 is NT$1.21 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 I-Hwa Indusstrial Co (TPE:1456) Overvalued in 2026?

Based on GuruFocus' analysis, I-Hwa Indusstrial Co stock appears to be overvalued. The current stock price of NT$14.25 is trading 18.4% above its estimated GF Value™ of NT$12.04. GuruFocus considers I-Hwa Indusstrial Co to be Modestly Overvalued.

Key valuation signals for TPE:1456:

  • E10: NT$1.21
  • GF Value™: NT$12.04 vs. price of NT$14.25 (18.4% above fair value)
  • GF Score™: 71/100 with 7 warning signs

No single metric tells the full story. See the TPE:1456 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


I-Hwa Indusstrial Co Business Description

Address Neihu Road, 12th Floor, Section 1, No. 392, Neihu District, Taipei, TWN
I-Hwa Indusstrial Co Ltd is principally engaged in land development and construction of houses, residential and building development and leasing, as well as manufacturing and trading of finished fabrics, woolen yarn, cotton yarn and dyestuffs, general advertising services and e-commerce. The group's revenue from the sale of premises is the majority source of income for its operations.
71GF Score

Get the complete analysis for TPE:1456

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

NT$14.25
Price
NT$12.04
GF Value