CUB Elecparts (TPE:2231) E10: NT$5.45 (As of Mar. 2026)

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TPE:2231 CUB Elecparts Inc TPE:2231
68 GF Score
Price NT$93.30
GF Value NT$96.14
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is CUB Elecparts E10?

CUB Elecparts TPE:2231 -0.74% 68 E10 is NT$5.45 as of Mar. 2026. GuruFocus rates TPE:2231 with a GF Score™ of 68/100 and a GF Value™ of NT$96.14 (Fairly Valued). The stock has 8 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.

CUB Elecparts's adjusted earnings per share data for the three months ended in Mar. 2026 was NT$0.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$5.45 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CUB Elecparts's average E10 Growth Rate was -16.80% per year. During the past 3 years, the average E10 Growth Rate was -5.70% per year. During the past 5 years, the average E10 Growth Rate was 1.60% 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 CUB Elecparts was 8.70% per year. The lowest was -5.70% per year. And the median was 5.60% per year.

As of today (2026-08-24), CUB Elecparts's current stock price is NT$93.30. CUB Elecparts's E10 for the quarter that ended in Mar. 2026 was NT$5.45. CUB Elecparts's Shiller PE Ratio of today is 17.12.

During the past 13 years, the highest Shiller PE Ratio of CUB Elecparts was 51.37. The lowest was 10.76. And the median was 21.62.


CUB Elecparts  (TPE:2231) 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.

CUB Elecparts's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=93.30/5.45
=17.12

* 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 CUB Elecparts was 51.37. The lowest was 10.76. And the median was 21.62.


Be Aware

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


CUB Elecparts E10 Related Terms


CUB Elecparts E10 Historical Data

* Premium members only.

The historical data trend for CUB Elecparts'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.

CUB Elecparts E10 Chart

CUB Elecparts 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 6.00 6.64 6.83 6.64 5.57

CUB Elecparts Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.55 6.26 6.01 5.57 5.45

TPE:2231 vs ORLY, AZO: E10 Comparison

For the Auto Parts subindustry, CUB Elecparts'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.


CUB Elecparts Shiller PE Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where CUB Elecparts's Shiller PE Ratio falls into.


TPE:2231
68GF Score
CUB Elecparts Inc TPE:2231
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CUB Elecparts 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, CUB Elecparts's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.39/330.2130*330.2130
=0.390

Current CPI (Mar. 2026) = 330.2130.

CUB Elecparts Quarterly Data

per share eps CPI Adj_EPS
201606 1.939 241.018 2.657
201609 1.660 241.428 2.270
201612 2.659 241.432 3.637
201703 1.131 243.801 1.532
201706 1.840 244.955 2.480
201709 2.086 246.819 2.791
201712 1.747 246.524 2.340
201803 1.690 249.554 2.236
201806 2.426 251.989 3.179
201809 1.731 252.439 2.264
201812 1.722 251.233 2.263
201903 2.146 254.202 2.788
201906 2.146 256.143 2.767
201909 1.853 256.759 2.383
201912 0.571 256.974 0.734
202003 0.632 258.115 0.809
202006 0.004 257.797 0.005
202009 0.442 260.280 0.561
202012 0.667 260.474 0.846
202103 1.394 264.877 1.738
202106 0.745 271.696 0.905
202109 0.814 274.310 0.980
202112 1.267 278.802 1.501
202203 1.381 287.504 1.586
202206 0.924 296.311 1.030
202209 1.190 296.808 1.324
202212 1.340 296.797 1.491
202303 1.180 301.836 1.291
202306 1.080 305.109 1.169
202309 0.950 307.789 1.019
202312 -0.130 306.746 -0.140
202403 0.880 312.332 0.930
202406 0.130 314.175 0.137
202409 0.580 315.301 0.607
202412 1.630 315.605 1.705
202503 0.680 319.799 0.702
202506 -1.050 322.561 -1.075
202509 0.280 324.800 0.285
202512 -1.570 324.054 -1.600
202603 0.390 330.213 0.390

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$5.45 mean?
CUB Elecparts (TPE:2231) has a E10 of NT$5.45 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CUB Elecparts and its competitors.
Is CUB Elecparts' E10 too high?
CUB Elecparts' current E10 is NT$5.45. Overall, CUB Elecparts has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CUB Elecparts' E10 compare to ORLY and AZO?
CUB Elecparts' E10 of NT$5.45 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 CUB Elecparts and its competitors. CUB Elecparts's current E10 is NT$5.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CUB Elecparts stock overvalued right now?
Based on GuruFocus' analysis, CUB Elecparts (TPE:2231) is currently considered Fairly Valued. The stock's GF Value™ is NT$96.14, compared to a current price of NT$93.30 — trading 3% below its estimated fair value. The current E10 is NT$5.45. CUB Elecparts' overall GF Score™ is 68/100 with 8 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 CUB Elecparts (TPE:2231), the current E10 is NT$5.45 as of Mar. 2026. 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 CUB Elecparts (TPE:2231) Overvalued in 2026?

Based on GuruFocus' analysis, CUB Elecparts stock appears to be undervalued. The current stock price of NT$93.30 is trading 3% below its estimated GF Value™ of NT$96.14. GuruFocus considers CUB Elecparts to be Fairly Valued.

Key valuation signals for TPE:2231:

  • E10: NT$5.45
  • GF Value™: NT$96.14 vs. price of NT$93.30 (3% below fair value)
  • GF Score™: 68/100 with 8 warning signs

No single metric tells the full story. See the TPE:2231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CUB Elecparts Business Description

Address Lane 546, Section 6, Zhanglu Road, No. 6, Fuhsin Township, Changhua County, Changhua, TWN
CUB Elecparts Inc is engaged in the manufacturing, processing, trading, and project construction of various automobile parts, motor switches, electrical products, communications electronic products, and computer peripheral equipment. Its product offerings include tire pressure monitoring systems, driver assistance systems for vehicles, ignition lock switches, combination switches, ABS speed sensors, camshaft position sensors, etc. The Group's reportable segments are: Auto Parts, and Communication Equipment and Engineering. Maximum revenue is generated from the Auto Parts segment, which offers various auto parts and automobile and motorcycle motor switches. Geographically, the Group derives maximum revenue from the USA, and the rest from Taiwan, China, Germany, and other markets.
68GF Score

Get the complete analysis for TPE:2231

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

NT$93.30
Price
NT$96.14
GF Value