Sheng Yu Steel Co (TPE:2029) E10: NT$2.10 (As of Dec. 2025)


TPE:2029 Sheng Yu Steel Co Ltd TPE:2029
82 GF Score
Price NT$20.55
GF Value NT$26.48
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Sheng Yu Steel Co E10?

Sheng Yu Steel Co TPE:2029 -0.96% 82 E10 is NT$2.10 as of Dec. 2025. GuruFocus rates TPE:2029 with a GF Score™ of 82/100 and a GF Value™ of NT$26.48 (Modestly Undervalued). 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.

Sheng Yu Steel Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.10 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Sheng Yu Steel Co's average E10 Growth Rate was 8.80% per year. During the past 3 years, the average E10 Growth Rate was 4.70% per year. During the past 5 years, the average E10 Growth Rate was 8.50% 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 Sheng Yu Steel Co was 12.90% per year. The lowest was 4.70% per year. And the median was 6.00% per year.

As of today (2026-06-29), Sheng Yu Steel Co's current stock price is NT$20.55. Sheng Yu Steel Co's E10 for the quarter that ended in Dec. 2025 was NT$2.10. Sheng Yu Steel Co's Shiller PE Ratio of today is 9.79.

During the past 13 years, the highest Shiller PE Ratio of Sheng Yu Steel Co was 35.07. The lowest was 9.55. And the median was 14.15.


Sheng Yu Steel Co  (TPE:2029) 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.

Sheng Yu Steel Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.55/2.10
=9.79

* 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 Sheng Yu Steel Co was 35.07. The lowest was 9.55. And the median was 14.15.


Be Aware

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


Sheng Yu Steel Co E10 Related Terms


Sheng Yu Steel Co E10 Historical Data

* Premium members only.

The historical data trend for Sheng Yu Steel 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.

Sheng Yu Steel Co E10 Chart

Sheng Yu Steel 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 1.63 1.83 1.88 1.93 2.10

Sheng Yu Steel 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 1.93 1.96 1.93 2.12 2.10

TPE:2029 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Sheng Yu Steel 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.


Sheng Yu Steel Co Shiller PE Ratio vs Steel Industry

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

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


TPE:2029
82GF Score
Sheng Yu Steel Co Ltd TPE:2029
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sheng Yu Steel 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, Sheng Yu Steel 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)
=0.27/324.0540*324.0540
=0.270

Current CPI (Dec. 2025) = 324.0540.

Sheng Yu Steel Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.690 238.132 0.939
201606 1.020 241.018 1.371
201609 1.080 241.428 1.450
201612 1.160 241.432 1.557
201703 1.170 243.801 1.555
201706 0.540 244.955 0.714
201709 0.210 246.819 0.276
201712 0.390 246.524 0.513
201803 0.090 249.554 0.117
201806 0.180 251.989 0.231
201809 0.070 252.439 0.090
201812 -0.010 251.233 -0.013
201903 -0.060 254.202 -0.076
201906 0.240 256.143 0.304
201909 -0.040 256.759 -0.050
201912 -0.030 256.974 -0.038
202003 -0.010 258.115 -0.013
202006 -0.070 257.797 -0.088
202009 0.210 260.280 0.261
202012 0.640 260.474 0.796
202103 0.860 264.877 1.052
202106 1.050 271.696 1.252
202109 1.030 274.310 1.217
202112 0.980 278.802 1.139
202203 0.780 287.504 0.879
202206 1.060 296.311 1.159
202209 -0.480 296.808 -0.524
202212 0.210 296.797 0.229
202303 0.500 301.836 0.537
202306 0.210 305.109 0.223
202309 0.680 307.789 0.716
202312 0.560 306.746 0.592
202403 0.490 312.332 0.508
202406 0.480 314.175 0.495
202409 0.260 315.301 0.267
202412 0.580 315.605 0.596
202503 0.540 319.799 0.547
202506 -0.020 322.561 -0.020
202509 -0.050 324.800 -0.050
202512 0.270 324.054 0.270

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$2.10 mean?
Sheng Yu Steel Co (TPE:2029) has a E10 of NT$2.10 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Sheng Yu Steel Co and its competitors.
Is Sheng Yu Steel Co's E10 too high?
Sheng Yu Steel Co's current E10 is NT$2.10. Overall, Sheng Yu Steel Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sheng Yu Steel Co's E10 compare to NUE and STLD?
Sheng Yu Steel Co's E10 of NT$2.10 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 Sheng Yu Steel Co and its competitors. Sheng Yu Steel Co's current E10 is NT$2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sheng Yu Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Sheng Yu Steel Co (TPE:2029) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$26.48, compared to a current price of NT$20.55 — trading 22.4% below its estimated fair value. The current E10 is NT$2.10. Sheng Yu Steel Co's overall GF Score™ is 82/100 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 Sheng Yu Steel Co (TPE:2029), the current E10 is NT$2.10 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 Sheng Yu Steel Co (TPE:2029) Overvalued in 2026?

Based on GuruFocus' analysis, Sheng Yu Steel Co stock appears to be undervalued. The current stock price of NT$20.55 is trading 22.4% below its estimated GF Value™ of NT$26.48. GuruFocus considers Sheng Yu Steel Co to be Modestly Undervalued.

Key valuation signals for TPE:2029:

  • E10: NT$2.10
  • GF Value™: NT$26.48 vs. price of NT$20.55 (22.4% below fair value)
  • GF Score™: 82/100 with 7 warning signs

No single metric tells the full story. See the TPE:2029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sheng Yu Steel Co Business Description

Address No.11, Zhonglin Road, Xiaogang District, Kaohsiung, TWN, 812039
Sheng Yu Steel Co Ltd is engaged in the steel industry. The company manufactures, processes, and sells cold-rolled, galvanized, and prepainted steel coils. The company also purchases and resells various steel products.
82GF Score

Get the complete analysis for TPE:2029

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

NT$20.55
Price
NT$26.48
GF Value