Nantex Industry Co (TPE:2108) E10: NT$4.49 (As of Dec. 2025)


TPE:2108 Nantex Industry Co Ltd TPE:2108
66 GF Score
Price NT$29.85
GF Value NT$32.91
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Nantex Industry Co E10?

Nantex Industry Co TPE:2108 +5.11% 66 E10 is NT$4.49 as of Dec. 2025. GuruFocus rates TPE:2108 with a GF Score™ of 66/100 and a GF Value™ of NT$32.91 (Fairly Valued). The stock has 9 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.

Nantex Industry Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$4.49 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Nantex Industry Co's average E10 Growth Rate was -2.40% per year. During the past 3 years, the average E10 Growth Rate was 2.10% per year. During the past 5 years, the average E10 Growth Rate was 11.50% 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 Nantex Industry Co was 34.40% per year. The lowest was 2.10% per year. And the median was 23.30% per year.

As of today (2026-07-05), Nantex Industry Co's current stock price is NT$29.85. Nantex Industry Co's E10 for the quarter that ended in Dec. 2025 was NT$4.49. Nantex Industry Co's Shiller PE Ratio of today is 6.65.

During the past 13 years, the highest Shiller PE Ratio of Nantex Industry Co was 57.64. The lowest was 4.71. And the median was 9.77.


Nantex Industry Co  (TPE:2108) 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.

Nantex Industry Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=29.85/4.49
=6.65

* 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 Nantex Industry Co was 57.64. The lowest was 4.71. And the median was 9.77.


Be Aware

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


Nantex Industry Co E10 Related Terms


Nantex Industry Co E10 Historical Data

* Premium members only.

The historical data trend for Nantex Industry 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.

Nantex Industry Co E10 Chart

Nantex Industry 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 3.82 4.22 4.42 4.60 4.49

Nantex Industry 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 4.60 4.63 4.59 4.55 4.49

TPE:2108 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Nantex Industry 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.


Nantex Industry Co Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nantex Industry Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Nantex Industry Co's Shiller PE Ratio falls into.


TPE:2108
66GF Score
Nantex Industry Co Ltd TPE:2108
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nantex Industry 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, Nantex Industry 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)
=0.26/324.0540*324.0540
=0.260

Current CPI (Dec. 2025) = 324.0540.

Nantex Industry Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.454 238.132 0.618
201606 0.544 241.018 0.731
201609 0.229 241.428 0.307
201612 0.305 241.432 0.409
201703 0.333 243.801 0.443
201706 0.248 244.955 0.328
201709 0.420 246.819 0.551
201712 0.640 246.524 0.841
201803 0.540 249.554 0.701
201806 0.880 251.989 1.132
201809 0.950 252.439 1.220
201812 0.740 251.233 0.954
201903 0.910 254.202 1.160
201906 0.820 256.143 1.037
201909 0.550 256.759 0.694
201912 0.620 256.974 0.782
202003 0.730 258.115 0.916
202006 0.850 257.797 1.068
202009 1.650 260.280 2.054
202012 3.940 260.474 4.902
202103 5.430 264.877 6.643
202106 5.140 271.696 6.131
202109 2.990 274.310 3.532
202112 1.310 278.802 1.523
202203 1.170 287.504 1.319
202206 0.750 296.311 0.820
202209 0.330 296.808 0.360
202212 0.170 296.797 0.186
202303 0.360 301.836 0.386
202306 0.480 305.109 0.510
202309 0.400 307.789 0.421
202312 0.210 306.746 0.222
202403 0.210 312.332 0.218
202406 0.330 314.175 0.340
202409 0.250 315.301 0.257
202412 0.350 315.605 0.359
202503 0.310 319.799 0.314
202506 0.030 322.561 0.030
202509 0.240 324.800 0.239
202512 0.260 324.054 0.260

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$4.49 mean?
Nantex Industry Co (TPE:2108) has a E10 of NT$4.49 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nantex Industry Co and its competitors.
Is Nantex Industry Co's E10 too high?
Nantex Industry Co's current E10 is NT$4.49. Overall, Nantex Industry Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nantex Industry Co's E10 compare to LIN and SHW?
Nantex Industry Co's E10 of NT$4.49 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 Nantex Industry Co and its competitors. Nantex Industry Co's current E10 is NT$4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nantex Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Nantex Industry Co (TPE:2108) is currently considered Fairly Valued. The stock's GF Value™ is NT$32.91, compared to a current price of NT$29.85 — trading 9.3% below its estimated fair value. The current E10 is NT$4.49. Nantex Industry Co's overall GF Score™ is 66/100 with 9 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 Nantex Industry Co (TPE:2108), the current E10 is NT$4.49 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 Nantex Industry Co (TPE:2108) Overvalued in 2026?

Based on GuruFocus' analysis, Nantex Industry Co stock appears to be undervalued. The current stock price of NT$29.85 is trading 9.3% below its estimated GF Value™ of NT$32.91. GuruFocus considers Nantex Industry Co to be Fairly Valued.

Key valuation signals for TPE:2108:

  • E10: NT$4.49
  • GF Value™: NT$32.91 vs. price of NT$29.85 (9.3% below fair value)
  • GF Score™: 66/100 with 9 warning signs

No single metric tells the full story. See the TPE:2108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nantex Industry Co Business Description

Address No.9, Industrial 1st Road, Lin-Yuan, Kaohsiung, TWN, 832
Nantex Industry Co Ltd is mainly engaged in the manufacture, processing, and sales of various types of latex, rubber, and related products, with both domestic and international sales. The Company is involved in the production and distribution of four product categories: NBR/SBR synthetic latex, acrylonitrile-butadiene rubber (NBR), carbon masterbatch, and thermoplastic elastomer (TPE). It operates in Taiwan, China, Thailand, Malaysia, and other countries, with the majority of its revenue generated from China.
66GF Score

Get the complete analysis for TPE:2108

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

NT$29.85
Price
NT$32.91
GF Value