Shihlin Electric & Engineering (TPE:1503) E10: NT$4.58 (As of Mar. 2026)

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TPE:1503 Shihlin Electric & Engineering Corp TPE:1503
92 GF Score
Price NT$199.50
GF Value NT$208.01
Valuation Fairly Valued
View Full Analysis

What is Shihlin Electric & Engineering E10?

Shihlin Electric & Engineering TPE:1503 -1.97% 92 E10 is NT$4.58 as of Mar. 2026. GuruFocus rates TPE:1503 with a GF Score™ of 92/100 and a GF Value™ of NT$208.01 (Fairly Valued).

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.

Shihlin Electric & Engineering's adjusted earnings per share data for the three months ended in Mar. 2026 was NT$2.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$4.58 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shihlin Electric & Engineering's average E10 Growth Rate was 11.70% per year. During the past 3 years, the average E10 Growth Rate was 9.60% per year. During the past 5 years, the average E10 Growth Rate was 10.00% 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 Shihlin Electric & Engineering was 10.00% per year. The lowest was 7.10% per year. And the median was 9.60% per year.

As of today (2026-08-19), Shihlin Electric & Engineering's current stock price is NT$199.50. Shihlin Electric & Engineering's E10 for the quarter that ended in Mar. 2026 was NT$4.58. Shihlin Electric & Engineering's Shiller PE Ratio of today is 43.56.

During the past 13 years, the highest Shiller PE Ratio of Shihlin Electric & Engineering was 89.07. The lowest was 15.47. And the median was 19.32.


Shihlin Electric & Engineering  (TPE:1503) 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.

Shihlin Electric & Engineering's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=199.50/4.58
=43.56

* 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 Shihlin Electric & Engineering was 89.07. The lowest was 15.47. And the median was 19.32.


Be Aware

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


Shihlin Electric & Engineering E10 Related Terms


Shihlin Electric & Engineering E10 Historical Data

* Premium members only.

The historical data trend for Shihlin Electric & Engineering'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.

Shihlin Electric & Engineering E10 Chart

Shihlin Electric & Engineering 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 2.95 3.28 3.54 3.91 4.32

Shihlin Electric & Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.10 4.24 4.33 4.32 4.58

TPE:1503 vs VRT, BE: E10 Comparison

For the Electrical Equipment & Parts subindustry, Shihlin Electric & Engineering'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.


Shihlin Electric & Engineering Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shihlin Electric & Engineering's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shihlin Electric & Engineering's Shiller PE Ratio falls into.


TPE:1503
92GF Score
Shihlin Electric & Engineering Corp TPE:1503
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shihlin Electric & Engineering 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, Shihlin Electric & Engineering's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.78/330.2130*330.2130
=2.780

Current CPI (Mar. 2026) = 330.2130.

Shihlin Electric & Engineering Quarterly Data

per share eps CPI Adj_EPS
201606 0.570 241.018 0.781
201609 0.700 241.428 0.957
201612 0.390 241.432 0.533
201703 0.760 243.801 1.029
201706 0.540 244.955 0.728
201709 0.760 246.819 1.017
201712 0.470 246.524 0.630
201803 0.590 249.554 0.781
201806 0.760 251.989 0.996
201809 0.870 252.439 1.138
201812 0.480 251.233 0.631
201903 0.970 254.202 1.260
201906 0.750 256.143 0.967
201909 0.780 256.759 1.003
201912 0.700 256.974 0.900
202003 0.960 258.115 1.228
202006 0.760 257.797 0.973
202009 0.790 260.280 1.002
202012 0.410 260.474 0.520
202103 1.250 264.877 1.558
202106 0.900 271.696 1.094
202109 0.700 274.310 0.843
202112 0.600 278.802 0.711
202203 1.380 287.504 1.585
202206 0.880 296.311 0.981
202209 1.080 296.808 1.202
202212 0.510 296.797 0.567
202303 1.520 301.836 1.663
202306 1.140 305.109 1.234
202309 1.280 307.789 1.373
202312 0.560 306.746 0.603
202403 2.260 312.332 2.389
202406 1.360 314.175 1.429
202409 1.350 315.301 1.414
202412 0.840 315.605 0.879
202503 2.340 319.799 2.416
202506 1.710 322.561 1.751
202509 1.410 324.800 1.433
202512 0.810 324.054 0.825
202603 2.780 330.213 2.780

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$4.58 mean?
Shihlin Electric & Engineering (TPE:1503) has a E10 of NT$4.58 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shihlin Electric & Engineering and its competitors.
Is Shihlin Electric & Engineering's E10 too high?
Shihlin Electric & Engineering's current E10 is NT$4.58. Overall, Shihlin Electric & Engineering has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shihlin Electric & Engineering's E10 compare to VRT and BE?
Shihlin Electric & Engineering's E10 of NT$4.58 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good E10 depends on the Industrial Products 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 Shihlin Electric & Engineering and its competitors. Shihlin Electric & Engineering's current E10 is NT$4.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shihlin Electric & Engineering stock overvalued right now?
Based on GuruFocus' analysis, Shihlin Electric & Engineering (TPE:1503) is currently considered Fairly Valued. The stock's GF Value™ is NT$208.01, compared to a current price of NT$199.50 — trading 4.1% below its estimated fair value. The current E10 is NT$4.58. Shihlin Electric & Engineering's overall GF Score™ is 92/100. 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 Shihlin Electric & Engineering (TPE:1503), the current E10 is NT$4.58 as of Mar. 2026. 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 Shihlin Electric & Engineering (TPE:1503) Overvalued in 2026?

Based on GuruFocus' analysis, Shihlin Electric & Engineering stock appears to be undervalued. The current stock price of NT$199.50 is trading 4.1% below its estimated GF Value™ of NT$208.01. GuruFocus considers Shihlin Electric & Engineering to be Fairly Valued.

Key valuation signals for TPE:1503:

  • E10: NT$4.58
  • GF Value™: NT$208.01 vs. price of NT$199.50 (4.1% below fair value)
  • GF Score™: 92/100

No single metric tells the full story. See the TPE:1503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shihlin Electric & Engineering Business Description

Address No. 88, Zhongshan North Road, Section 6, 16th Floor, Taipei, TWN, 111
Shihlin Electric & Engineering Corp is engaged in the manufacture of heavy electrical equipment, electrical machinery, electrical automotive equipment and related parts, and the sale and lease of commercial buildings. Its product portfolio comprises low-voltage switches, solar inverters, charging stations, power transformers, capacitors, switchboards, etc. The group has four reportable segments: Electric Distribution, Automobile Parts, Automation Equipment and Parts, and Other. The majority of its revenue is generated by the Electric Distribution segment, which manufactures and sells heavy electric equipment. Geographically, it generates maximum revenue from Taiwan, followed by Mainland China, Vietnam, and other regions.
92GF Score

Get the complete analysis for TPE:1503

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

NT$199.50
Price
NT$208.01
GF Value