China Motor (TPE:2204) E10: NT$4.75 (As of Dec. 2025)


TPE:2204 China Motor Corp TPE:2204
73 GF Score
Price NT$57.00
GF Value NT$67.49
Valuation Modestly Undervalued
! 12 Warning Signs
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What is China Motor E10?

China Motor TPE:2204 -1.04% 73 E10 is NT$4.75 as of Dec. 2025. GuruFocus rates TPE:2204 with a GF Score™ of 73/100 and a GF Value™ of NT$67.49 (Modestly Undervalued). The stock has 12 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.

China Motor's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$1.570. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$4.75 for the trailing ten years ended in Dec. 2025.

During the past 12 months, China Motor's average E10 Growth Rate was -2.30% per year. During the past 3 years, the average E10 Growth Rate was 5.50% per year. During the past 5 years, the average E10 Growth Rate was -1.90% 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 Motor was 5.50% per year. The lowest was -7.40% per year. And the median was -3.60% per year.

As of today (2026-07-09), China Motor's current stock price is NT$57.00. China Motor's E10 for the quarter that ended in Dec. 2025 was NT$4.75. China Motor's Shiller PE Ratio of today is 12.00.

During the past 13 years, the highest Shiller PE Ratio of China Motor was 31.25. The lowest was 4.95. And the median was 12.13.


China Motor  (TPE:2204) 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 Motor's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=57.00/4.75
=12.00

* 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 Motor was 31.25. The lowest was 4.95. And the median was 12.13.


Be Aware

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


China Motor E10 Related Terms


China Motor E10 Historical Data

* Premium members only.

The historical data trend for China Motor'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 Motor E10 Chart

China Motor 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 5.60 4.04 4.60 4.86 4.75

China Motor 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 4.86 4.79 4.73 4.74 4.75

TPE:2204 vs TSLA, GM, F: E10 Comparison

For the Auto Manufacturers subindustry, China Motor'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 Motor Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Motor's Shiller PE Ratio distribution charts can be found below:

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


TPE:2204
73GF Score
China Motor Corp TPE:2204
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Motor 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 Motor'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)
=1.57/324.0540*324.0540
=1.570

Current CPI (Dec. 2025) = 324.0540.

China Motor Quarterly Data

per share eps CPI Adj_EPS
201603 1.925 238.132 2.620
201606 1.750 241.018 2.353
201609 1.550 241.428 2.080
201612 0.625 241.432 0.839
201703 1.900 243.801 2.525
201706 2.275 244.955 3.010
201709 1.825 246.819 2.396
201712 1.525 246.524 2.005
201803 2.425 249.554 3.149
201806 1.350 251.989 1.736
201809 0.630 252.439 0.809
201812 1.216 251.233 1.568
201903 0.560 254.202 0.714
201906 -0.550 256.143 -0.696
201909 0.380 256.759 0.480
201912 -2.670 256.974 -3.367
202003 1.120 258.115 1.406
202006 1.670 257.797 2.099
202009 1.730 260.280 2.154
202012 1.480 260.474 1.841
202103 2.350 264.877 2.875
202106 2.300 271.696 2.743
202109 1.250 274.310 1.477
202112 1.770 278.802 2.057
202203 2.400 287.504 2.705
202206 -9.920 296.311 -10.849
202209 -0.990 296.808 -1.081
202212 -5.710 296.797 -6.234
202303 2.710 301.836 2.909
202306 2.830 305.109 3.006
202309 2.460 307.789 2.590
202312 2.350 306.746 2.483
202403 2.290 312.332 2.376
202406 2.210 314.175 2.279
202409 1.480 315.301 1.521
202412 1.350 315.605 1.386
202503 1.150 319.799 1.165
202506 1.280 322.561 1.286
202509 1.470 324.800 1.467
202512 1.570 324.054 1.570

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$4.75 mean?
China Motor (TPE:2204) has a E10 of NT$4.75 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on China Motor and its competitors.
Is China Motor's E10 too high?
China Motor's current E10 is NT$4.75. Overall, China Motor has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Motor's E10 compare to TSLA and GM?
China Motor's E10 of NT$4.75 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 Motor and its competitors. China Motor's current E10 is NT$4.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Motor stock overvalued right now?
Based on GuruFocus' analysis, China Motor (TPE:2204) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$67.49, compared to a current price of NT$57.00 — trading 15.5% below its estimated fair value. The current E10 is NT$4.75. China Motor's overall GF Score™ is 73/100 with 12 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 China Motor (TPE:2204), the current E10 is NT$4.75 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 Motor (TPE:2204) Overvalued in 2026?

Based on GuruFocus' analysis, China Motor stock appears to be undervalued. The current stock price of NT$57.00 is trading 15.5% below its estimated GF Value™ of NT$67.49. GuruFocus considers China Motor to be Modestly Undervalued.

Key valuation signals for TPE:2204:

  • E10: NT$4.75
  • GF Value™: NT$67.49 vs. price of NT$57.00 (15.5% below fair value)
  • GF Score™: 73/100 with 12 warning signs

No single metric tells the full story. See the TPE:2204 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Motor Business Description

Address No. 618, Xiucai Road, Yangmei District, Taoyuan, TWN, 326
China Motor Corp is engaged in the manufacture and sale of automobiles and their related parts and components. Its products are Sedan, RVs, LCVs, trucks, EVs, Electric scooters, and AGVs. Its reportable segments were vehicle manufacturing, channel, and others. It generates the majority of its revenue from the Vehicle manufacturing segment.
73GF Score

Get the complete analysis for TPE:2204

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

NT$57.00
Price
NT$67.49
GF Value