China Steel Structure Co (TPE:2013) E10: NT$2.11 (As of Dec. 2025)


TPE:2013 China Steel Structure Co Ltd TPE:2013
81 GF Score
Price NT$44.00
GF Value NT$57.88
Valuation Modestly Undervalued
! 1 Warning Sign
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What is China Steel Structure Co E10?

China Steel Structure Co TPE:2013 +0.57% 81 E10 is NT$2.11 as of Dec. 2025. GuruFocus rates TPE:2013 with a GF Score™ of 81/100 and a GF Value™ of NT$57.88 (Modestly Undervalued). The stock has 1 warning sign 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.

China Steel Structure Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.11 for the trailing ten years ended in Dec. 2025.

During the past 12 months, China Steel Structure Co's average E10 Growth Rate was 12.80% per year. During the past 3 years, the average E10 Growth Rate was 7.70% per year. During the past 5 years, the average E10 Growth Rate was 3.70% 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 China Steel Structure Co was 7.70% per year. The lowest was 0.00% per year. And the median was 1.90% per year.

As of today (2026-07-03), China Steel Structure Co's current stock price is NT$44.00. China Steel Structure Co's E10 for the quarter that ended in Dec. 2025 was NT$2.11. China Steel Structure Co's Shiller PE Ratio of today is 20.85.

During the past 13 years, the highest Shiller PE Ratio of China Steel Structure Co was 42.83. The lowest was 10.86. And the median was 28.50.


China Steel Structure Co  (TPE:2013) 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.

China Steel Structure Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=44.00/2.11
=20.85

* 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 China Steel Structure Co was 42.83. The lowest was 10.86. And the median was 28.50.


Be Aware

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


China Steel Structure Co E10 Related Terms


China Steel Structure Co E10 Historical Data

* Premium members only.

The historical data trend for China Steel Structure 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.

China Steel Structure Co E10 Chart

China Steel Structure 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 1.74 1.69 1.72 1.87 2.11

China Steel Structure 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 1.87 1.93 1.99 2.06 2.11

TPE:2013 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, China Steel Structure 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.


China Steel Structure Co Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, China Steel Structure Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Steel Structure Co's Shiller PE Ratio falls into.


TPE:2013
81GF Score
China Steel Structure Co Ltd TPE:2013
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Steel Structure 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, China Steel Structure 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)
=0.92/324.0540*324.0540
=0.920

Current CPI (Dec. 2025) = 324.0540.

China Steel Structure Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.120 238.132 0.163
201606 0.130 241.018 0.175
201609 0.110 241.428 0.148
201612 0.010 241.432 0.013
201703 0.090 243.801 0.120
201706 0.050 244.955 0.066
201709 0.070 246.819 0.092
201712 0.070 246.524 0.092
201803 0.150 249.554 0.195
201806 0.150 251.989 0.193
201809 0.160 252.439 0.205
201812 0.150 251.233 0.193
201903 0.110 254.202 0.140
201906 0.150 256.143 0.190
201909 0.150 256.759 0.189
201912 0.410 256.974 0.517
202003 0.210 258.115 0.264
202006 1.430 257.797 1.798
202009 0.550 260.280 0.685
202012 1.070 260.474 1.331
202103 0.390 264.877 0.477
202106 0.440 271.696 0.525
202109 0.620 274.310 0.732
202112 1.030 278.802 1.197
202203 0.540 287.504 0.609
202206 0.530 296.311 0.580
202209 0.720 296.808 0.786
202212 0.600 296.797 0.655
202303 0.480 301.836 0.515
202306 0.610 305.109 0.648
202309 0.670 307.789 0.705
202312 0.920 306.746 0.972
202403 0.590 312.332 0.612
202406 0.690 314.175 0.712
202409 0.720 315.301 0.740
202412 0.690 315.605 0.708
202503 0.630 319.799 0.638
202506 0.740 322.561 0.743
202509 0.900 324.800 0.898
202512 0.920 324.054 0.920

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$2.11 mean?
China Steel Structure Co (TPE:2013) has a E10 of NT$2.11 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on China Steel Structure Co and its competitors.
Is China Steel Structure Co's E10 too high?
China Steel Structure Co's current E10 is NT$2.11. Overall, China Steel Structure Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Steel Structure Co's E10 compare to NUE and STLD?
China Steel Structure Co's E10 of NT$2.11 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 China Steel Structure Co and its competitors. China Steel Structure Co's current E10 is NT$2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Steel Structure Co stock overvalued right now?
Based on GuruFocus' analysis, China Steel Structure Co (TPE:2013) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$57.88, compared to a current price of NT$44.00 — trading 24% below its estimated fair value. The current E10 is NT$2.11. China Steel Structure Co's overall GF Score™ is 81/100 with 1 warning sign 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 China Steel Structure Co (TPE:2013), the current E10 is NT$2.11 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 China Steel Structure Co (TPE:2013) Overvalued in 2026?

Based on GuruFocus' analysis, China Steel Structure Co stock appears to be undervalued. The current stock price of NT$44.00 is trading 24% below its estimated GF Value™ of NT$57.88. GuruFocus considers China Steel Structure Co to be Modestly Undervalued.

Key valuation signals for TPE:2013:

  • E10: NT$2.11
  • GF Value™: NT$57.88 vs. price of NT$44.00 (24% below fair value)
  • GF Score™: 81/100 with 1 warning sign

No single metric tells the full story. See the TPE:2013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Steel Structure Co Business Description

Address No.500 Zhongxing Road, Yanchao district, Kaohsiung, TWN, 82477
China Steel Structure Co Ltd is engaged in designing, processing, manufacturing, assembling and selling steel built-up sections; providing technical services for the construction of steel structures, importing and exporting metal and construction materials and real estate leasing. The Group's reportable segments are CSSC, USEC and Others and generates majority revenue from CSSC segment. Geographically, the Group mainly operates in Taiwan region.
81GF Score

Get the complete analysis for TPE:2013

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

NT$44.00
Price
NT$57.88
GF Value