Cathay Chemical Works (TPE:1713) E10: NT$2.41 (As of Dec. 2025)


TPE:1713 Cathay Chemical Works Inc TPE:1713
74 GF Score
Price NT$49.55
GF Value NT$42.92
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Cathay Chemical Works E10?

Cathay Chemical Works TPE:1713 +0.10% 74 E10 is NT$2.41 as of Dec. 2025. GuruFocus rates TPE:1713 with a GF Score™ of 74/100 and a GF Value™ of NT$42.92 (Modestly Overvalued). 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.

Cathay Chemical Works's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$1.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.41 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Cathay Chemical Works's average E10 Growth Rate was 18.10% per year. During the past 3 years, the average E10 Growth Rate was 40.40% per year. During the past 5 years, the average E10 Growth Rate was 34.30% 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 Cathay Chemical Works was 42.20% per year. The lowest was 14.50% per year. And the median was 30.85% per year.

As of today (2026-06-30), Cathay Chemical Works's current stock price is NT$49.55. Cathay Chemical Works's E10 for the quarter that ended in Dec. 2025 was NT$2.41. Cathay Chemical Works's Shiller PE Ratio of today is 20.56.

During the past 13 years, the highest Shiller PE Ratio of Cathay Chemical Works was 50.00. The lowest was 18.57. And the median was 31.59.


Cathay Chemical Works  (TPE:1713) 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.

Cathay Chemical Works's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=49.55/2.41
=20.56

* 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 Cathay Chemical Works was 50.00. The lowest was 18.57. And the median was 31.59.


Be Aware

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


Cathay Chemical Works E10 Related Terms


Cathay Chemical Works E10 Historical Data

* Premium members only.

The historical data trend for Cathay Chemical Works'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.

Cathay Chemical Works E10 Chart

Cathay Chemical Works 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 0.71 0.87 1.07 2.04 2.41

Cathay Chemical Works 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 2.04 2.12 2.19 2.31 2.41

TPE:1713 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Cathay Chemical Works'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.


Cathay Chemical Works Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cathay Chemical Works's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cathay Chemical Works's Shiller PE Ratio falls into.


TPE:1713
74GF Score
Cathay Chemical Works Inc TPE:1713
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cathay Chemical Works 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, Cathay Chemical Works'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)
=1.3/324.0540*324.0540
=1.300

Current CPI (Dec. 2025) = 324.0540.

Cathay Chemical Works Quarterly Data

per share eps CPI Adj_EPS
201603 0.116 238.132 0.158
201606 0.200 241.018 0.269
201609 0.140 241.428 0.188
201612 0.190 241.432 0.255
201703 0.120 243.801 0.160
201706 0.190 244.955 0.251
201709 0.070 246.819 0.092
201712 0.100 246.524 0.131
201803 0.230 249.554 0.299
201806 0.240 251.989 0.309
201809 0.190 252.439 0.244
201812 0.100 251.233 0.129
201903 0.125 254.202 0.159
201906 0.280 256.143 0.354
201909 0.020 256.759 0.025
201912 0.210 256.974 0.265
202003 0.100 258.115 0.126
202006 0.050 257.797 0.063
202009 0.120 260.280 0.149
202012 0.330 260.474 0.411
202103 0.230 264.877 0.281
202106 0.280 271.696 0.334
202109 0.280 274.310 0.331
202112 0.260 278.802 0.302
202203 0.300 287.504 0.338
202206 0.310 296.311 0.339
202209 0.770 296.808 0.841
202212 0.510 296.797 0.557
202303 0.590 301.836 0.633
202306 0.620 305.109 0.658
202309 0.750 307.789 0.790
202312 0.350 306.746 0.370
202403 0.410 312.332 0.425
202406 2.240 314.175 2.310
202409 0.310 315.301 0.319
202412 7.230 315.605 7.424
202503 0.750 319.799 0.760
202506 0.620 322.561 0.623
202509 1.180 324.800 1.177
202512 1.300 324.054 1.300

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$2.41 mean?
Cathay Chemical Works (TPE:1713) has a E10 of NT$2.41 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Cathay Chemical Works and its competitors.
Is Cathay Chemical Works' E10 too high?
Cathay Chemical Works' current E10 is NT$2.41. Overall, Cathay Chemical Works has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cathay Chemical Works' E10 compare to LIN and SHW?
Cathay Chemical Works' E10 of NT$2.41 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Cathay Chemical Works and its competitors. Cathay Chemical Works's current E10 is NT$2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cathay Chemical Works stock overvalued right now?
Based on GuruFocus' analysis, Cathay Chemical Works (TPE:1713) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$42.92, compared to a current price of NT$49.55 — trading 15.4% above its estimated fair value. The current E10 is NT$2.41. Cathay Chemical Works' overall GF Score™ is 74/100 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 Cathay Chemical Works (TPE:1713), the current E10 is NT$2.41 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 Cathay Chemical Works (TPE:1713) Overvalued in 2026?

Based on GuruFocus' analysis, Cathay Chemical Works stock appears to be overvalued. The current stock price of NT$49.55 is trading 15.4% above its estimated GF Value™ of NT$42.92. GuruFocus considers Cathay Chemical Works to be Modestly Overvalued.

Key valuation signals for TPE:1713:

  • E10: NT$2.41
  • GF Value™: NT$42.92 vs. price of NT$49.55 (15.4% above fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the TPE:1713 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cathay Chemical Works Business Description

Address Zhongxiao East Road, 12 Floor, No. 320, Section 4, Taipei, TWN
Cathay Chemical Works Inc Company's mainly business is the manufacture and sale of sodium hydrosulfite, zinc oxide, sodium formaldehyde sulfoxylate, zinc dust and so on. It is the sole operating department. The company has presence in Taiwan, Asia, America, Europe, New Zealand and Australia. The majority of revenue comes from Taiwan.
74GF Score

Get the complete analysis for TPE:1713

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

NT$49.55
Price
NT$42.92
GF Value