Chang Type Industrial Co (TPE:1541) E10: NT$3.40 (As of Dec. 2025)


TPE:1541 Chang Type Industrial Co Ltd TPE:1541
70 GF Score
Price NT$21.45
GF Value NT$32.35
Valuation Possible Value Trap
! 2 Warning Signs
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What is Chang Type Industrial Co E10?

Chang Type Industrial Co TPE:1541 -3.38% 70 E10 is NT$3.40 as of Dec. 2025. GuruFocus rates TPE:1541 with a GF Score™ of 70/100 and a GF Value™ of NT$32.35 (Possible Value Trap). 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.

Chang Type Industrial Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.990. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$3.40 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Chang Type Industrial Co's average E10 Growth Rate was -4.80% per year. During the past 3 years, the average E10 Growth Rate was 0.70% 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 Chang Type Industrial Co was 25.10% per year. The lowest was 0.70% per year. And the median was 14.70% per year.

As of today (2026-06-29), Chang Type Industrial Co's current stock price is NT$21.45. Chang Type Industrial Co's E10 for the quarter that ended in Dec. 2025 was NT$3.40. Chang Type Industrial Co's Shiller PE Ratio of today is 6.31.

During the past 13 years, the highest Shiller PE Ratio of Chang Type Industrial Co was 31.26. The lowest was 6.07. And the median was 10.14.


Chang Type Industrial Co  (TPE:1541) 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.

Chang Type Industrial Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=21.45/3.40
=6.31

* 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 Chang Type Industrial Co was 31.26. The lowest was 6.07. And the median was 10.14.


Be Aware

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


Chang Type Industrial Co E10 Related Terms


Chang Type Industrial Co E10 Historical Data

* Premium members only.

The historical data trend for Chang Type Industrial 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.

Chang Type Industrial Co E10 Chart

Chang Type Industrial 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 2.68 3.33 3.63 3.57 3.40

Chang Type Industrial 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 3.57 3.61 3.54 3.41 3.40

TPE:1541 vs SNA, RBC, LECO: E10 Comparison

For the Tools & Accessories subindustry, Chang Type Industrial 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.


Chang Type Industrial Co Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chang Type Industrial Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Chang Type Industrial Co's Shiller PE Ratio falls into.


TPE:1541
70GF Score
Chang Type Industrial Co Ltd TPE:1541
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chang Type Industrial 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, Chang Type Industrial 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)
=0.99/324.0540*324.0540
=0.990

Current CPI (Dec. 2025) = 324.0540.

Chang Type Industrial Co Quarterly Data

per share eps CPI Adj_EPS
201603 1.130 238.132 1.538
201606 1.110 241.018 1.492
201609 0.690 241.428 0.926
201612 1.440 241.432 1.933
201703 -0.050 243.801 -0.066
201706 0.560 244.955 0.741
201709 0.720 246.819 0.945
201712 0.480 246.524 0.631
201803 0.050 249.554 0.065
201806 0.840 251.989 1.080
201809 0.470 252.439 0.603
201812 -0.360 251.233 -0.464
201903 0.570 254.202 0.727
201906 0.650 256.143 0.822
201909 1.310 256.759 1.653
201912 0.660 256.974 0.832
202003 1.590 258.115 1.996
202006 1.150 257.797 1.446
202009 1.460 260.280 1.818
202012 1.590 260.474 1.978
202103 1.030 264.877 1.260
202106 0.140 271.696 0.167
202109 1.450 274.310 1.713
202112 1.180 278.802 1.372
202203 2.200 287.504 2.480
202206 1.330 296.311 1.455
202209 1.240 296.808 1.354
202212 -1.320 296.797 -1.441
202303 0.400 301.836 0.429
202306 -0.360 305.109 -0.382
202309 0.940 307.789 0.990
202312 0.490 306.746 0.518
202403 0.760 312.332 0.789
202406 0.390 314.175 0.402
202409 -0.210 315.301 -0.216
202412 0.130 315.605 0.133
202503 0.530 319.799 0.537
202506 -0.320 322.561 -0.321
202509 1.100 324.800 1.097
202512 0.990 324.054 0.990

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$3.40 mean?
Chang Type Industrial Co (TPE:1541) has a E10 of NT$3.40 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Chang Type Industrial Co and its competitors.
Is Chang Type Industrial Co's E10 too high?
Chang Type Industrial Co's current E10 is NT$3.40. Overall, Chang Type Industrial Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chang Type Industrial Co's E10 compare to SNA and RBC?
Chang Type Industrial Co's E10 of NT$3.40 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 Chang Type Industrial Co and its competitors. Chang Type Industrial Co's current E10 is NT$3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chang Type Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Chang Type Industrial Co (TPE:1541) is currently considered Possible Value Trap. The stock's GF Value™ is NT$32.35, compared to a current price of NT$21.45 — trading 33.7% below its estimated fair value. The current E10 is NT$3.40. Chang Type Industrial Co's overall GF Score™ is 70/100 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 Chang Type Industrial Co (TPE:1541), the current E10 is NT$3.40 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 Chang Type Industrial Co (TPE:1541) Overvalued in 2026?

Based on GuruFocus' analysis, Chang Type Industrial Co stock appears to be undervalued. The current stock price of NT$21.45 is trading 33.7% below its estimated GF Value™ of NT$32.35. GuruFocus considers Chang Type Industrial Co to be Possible Value Trap.

Key valuation signals for TPE:1541:

  • E10: NT$3.40
  • GF Value™: NT$32.35 vs. price of NT$21.45 (33.7% below fair value)
  • GF Score™: 70/100 with 2 warning signs

No single metric tells the full story. See the TPE:1541 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chang Type Industrial Co Business Description

Address No 41, Nan-Tsuen Road, Ho-Li, Taichung, TWN, 42127
Chang Type Industrial Co Ltd manufacture, process and sell hand tools, electric machines, motors, power tools, automatic control system, computer machinery, electric test instruments, woodworking machines and metal parts. It is also the agent to import and export raw materials for all related products mentioned above and to design various molds and fixtures.
70GF Score

Get the complete analysis for TPE:1541

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

NT$21.45
Price
NT$32.35
GF Value