Evergreen Steel (TPE:2211) E10: NT$5.08 (As of Dec. 2025)


TPE:2211 Evergreen Steel Corp TPE:2211
95 GF Score
Price NT$95.10
GF Value NT$104.74
Valuation Fairly Valued
! 2 Warning Signs
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What is Evergreen Steel E10?

Evergreen Steel TPE:2211 95 E10 is NT$5.08 as of Dec. 2025. GuruFocus rates TPE:2211 with a GF Score™ of 95/100 and a GF Value™ of NT$104.74 (Fairly Valued). The stock has 2 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.

Evergreen Steel's adjusted earnings per share data for the fiscal year that ended in Dec. 2025 was NT$8.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$5.08 for the trailing ten years ended in Dec. 2025.

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.

As of today (2026-07-09), Evergreen Steel's current stock price is NT$ 95.10. Evergreen Steel's E10 for the fiscal year that ended in Dec. 2025 was NT$5.08. Evergreen Steel's Shiller PE Ratio of today is 18.72.

During the past 10 years, the highest Shiller PE Ratio of Evergreen Steel was 20.47. The lowest was 18.11. And the median was 19.69.


Evergreen Steel  (TPE:2211) 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.

Evergreen Steel's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=95.10/5.08
=18.72

* 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 10 years, the highest Shiller P/E Ratio of Evergreen Steel was 20.47. The lowest was 18.11. And the median was 19.69.


Be Aware

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


Evergreen Steel E10 Related Terms


Evergreen Steel E10 Historical Data

* Premium members only.

The historical data trend for Evergreen Steel'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.

Evergreen Steel E10 Chart

Evergreen Steel 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 0.00 0.00 0.00 0.00 5.08

Evergreen Steel 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 0.00 0.00 0.00 0.00 5.08

TPE:2211 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Evergreen Steel'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.


Evergreen Steel Shiller PE Ratio vs Steel Industry

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

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


TPE:2211
95GF Score
Evergreen Steel Corp TPE:2211
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evergreen Steel 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, Evergreen Steel's adjusted earnings per share data for the fiscal year that ended in Dec. 2025 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=8.6/324.0540*324.0540
=8.600

Current CPI (Dec. 2025) = 324.0540.

Evergreen Steel Annual Data

per_share_eps CPI Adj_EPS
201612 1.900 241.432 2.550
201712 3.080 246.524 4.049
201812 2.530 251.233 3.263
201912 2.440 256.974 3.077
202012 2.650 260.474 3.297
202112 3.110 278.802 3.615
202212 6.220 296.797 6.791
202312 8.790 306.746 9.286
202412 6.120 315.605 6.284
202512 8.600 324.054 8.600

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$5.08 mean?
Evergreen Steel (TPE:2211) has a E10 of NT$5.08 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Evergreen Steel and its competitors.
Is Evergreen Steel's E10 too high?
Evergreen Steel's current E10 is NT$5.08. Overall, Evergreen Steel has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Evergreen Steel's E10 compare to NUE and STLD?
Evergreen Steel's E10 of NT$5.08 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 Evergreen Steel and its competitors. Evergreen Steel's current E10 is NT$5.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergreen Steel stock overvalued right now?
Based on GuruFocus' analysis, Evergreen Steel (TPE:2211) is currently considered Fairly Valued. The stock's GF Value™ is NT$104.74, compared to a current price of NT$95.10 — trading 9.2% below its estimated fair value. The current E10 is NT$5.08. Evergreen Steel's overall GF Score™ is 95/100 with 2 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 Evergreen Steel (TPE:2211), the current E10 is NT$5.08 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 Evergreen Steel (TPE:2211) Overvalued in 2026?

Based on GuruFocus' analysis, Evergreen Steel stock appears to be undervalued. The current stock price of NT$95.10 is trading 9.2% below its estimated GF Value™ of NT$104.74. GuruFocus considers Evergreen Steel to be Fairly Valued.

Key valuation signals for TPE:2211:

  • E10: NT$5.08
  • GF Value™: NT$104.74 vs. price of NT$95.10 (9.2% below fair value)
  • GF Score™: 95/100 with 2 warning signs

No single metric tells the full story. See the TPE:2211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evergreen Steel Business Description

Address Chang\'an East Road, 11th Floor, No. 100, Section 2, Zhongshan District, Taipei, TWN, 10491
Evergreen Steel Corp is engaged in steel structure engineering and related construction services. Its operations include the design, manufacture, and installation of steel structures for high-rise buildings, factories, bridges, and other special construction projects. The company also provides container inspection, maintenance, and repair services for shipping companies.
95GF Score

Get the complete analysis for TPE:2211

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

NT$95.10
Price
NT$104.74
GF Value