D-Link (TPE:2332) E10: NT$-0.04 (As of Dec. 2025)


TPE:2332 D-Link Corp TPE:2332
68 GF Score
Price NT$17.15
GF Value NT$15.73
Valuation Fairly Valued
! 4 Warning Signs
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What is D-Link E10?

D-Link TPE:2332 -5.25% 68 E10 is NT$-0.04 as of Dec. 2025. GuruFocus rates TPE:2332 with a GF Score™ of 68/100 and a GF Value™ of NT$15.73 (Fairly Valued). The stock has 4 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.

D-Link's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$-0.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-0.04 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average E10 Growth Rate was 48.30% 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 D-Link was 48.30% per year. The lowest was -38.30% per year. And the median was 5.00% per year.

As of today (2026-06-28), D-Link's current stock price is NT$17.15. D-Link's E10 for the quarter that ended in Dec. 2025 was NT$-0.04. D-Link's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of D-Link was 779.89. The lowest was 108.70. And the median was 343.75.


D-Link  (TPE:2332) 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.

During the past 13 years, the highest Shiller P/E Ratio of D-Link was 779.89. The lowest was 108.70. And the median was 343.75.


Be Aware

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


D-Link E10 Related Terms


D-Link E10 Historical Data

* Premium members only.

The historical data trend for D-Link'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.

D-Link E10 Chart

D-Link 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 -0.14 -0.29 -0.35 -0.37 -0.04

D-Link 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 -0.37 -0.35 -0.34 -0.22 -0.04

TPE:2332 vs CSCO, CIEN, MSI: E10 Comparison

For the Communication Equipment subindustry, D-Link'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.


D-Link Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, D-Link's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where D-Link's Shiller PE Ratio falls into.


TPE:2332
68GF Score
D-Link Corp TPE:2332
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

D-Link 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, D-Link'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)
=-0.42/324.0540*324.0540
=-0.420

Current CPI (Dec. 2025) = 324.0540.

D-Link Quarterly Data

per share eps CPI Adj_EPS
201603 -0.370 238.132 -0.504
201606 -0.815 241.018 -1.096
201609 -0.652 241.428 -0.875
201612 0.196 241.432 0.263
201703 -0.370 243.801 -0.492
201706 -0.141 244.955 -0.187
201709 0.065 246.819 0.085
201712 0.120 246.524 0.158
201803 0.022 249.554 0.029
201806 -0.087 251.989 -0.112
201809 0.011 252.439 0.014
201812 0.228 251.233 0.294
201903 -0.283 254.202 -0.361
201906 -0.391 256.143 -0.495
201909 -0.130 256.759 -0.164
201912 -0.054 256.974 -0.068
202003 -0.076 258.115 -0.095
202006 -0.011 257.797 -0.014
202009 0.500 260.280 0.623
202012 1.487 260.474 1.850
202103 0.090 264.877 0.110
202106 -0.340 271.696 -0.406
202109 -0.040 274.310 -0.047
202112 0.670 278.802 0.779
202203 -0.300 287.504 -0.338
202206 0.010 296.311 0.011
202209 0.003 296.808 0.003
202212 0.470 296.797 0.513
202303 0.230 301.836 0.247
202306 0.640 305.109 0.680
202309 0.020 307.789 0.021
202312 0.050 306.746 0.053
202403 -0.090 312.332 -0.093
202406 0.040 314.175 0.041
202409 0.300 315.301 0.308
202412 -0.180 315.605 -0.185
202503 -0.280 319.799 -0.284
202506 -0.230 322.561 -0.231
202509 0.020 324.800 0.020
202512 -0.420 324.054 -0.420

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$-0.04 mean?
D-Link (TPE:2332) has a E10 of NT$-0.04 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on D-Link and its competitors.
Is D-Link's E10 too high?
D-Link's current E10 is NT$-0.04. Overall, D-Link has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does D-Link's E10 compare to CSCO and CIEN?
D-Link's E10 of NT$-0.04 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 D-Link and its competitors. D-Link's current E10 is NT$-0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D-Link stock overvalued right now?
Based on GuruFocus' analysis, D-Link (TPE:2332) is currently considered Fairly Valued. The stock's GF Value™ is NT$15.73, compared to a current price of NT$17.15 — trading 9% above its estimated fair value. The current E10 is NT$-0.04. D-Link's overall GF Score™ is 68/100 with 4 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 D-Link (TPE:2332), the current E10 is NT$-0.04 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 D-Link (TPE:2332) Overvalued in 2026?

Based on GuruFocus' analysis, D-Link stock appears to be overvalued. The current stock price of NT$17.15 is trading 9% above its estimated GF Value™ of NT$15.73. GuruFocus considers D-Link to be Fairly Valued.

Key valuation signals for TPE:2332:

  • E10: NT$-0.04
  • GF Value™: NT$15.73 vs. price of NT$17.15 (9% above fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the TPE:2332 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


D-Link Business Description

Address Xinhu 3rd Road, No. 289, Neihu District, Taipei, TWN, 114
D-Link Corp is engaged in the research, development, and sale of computer network systems, wireless LAN products, and spare parts for integrated circuits. The main products offered by the Group include wi-fi routers, webcams, wireless network cards, micro data center switches, IP surveillance solutions, Ethernet switches, etc., under various agency brands such as Cyberbit, Juniper, Ruckus, SonicWall, A10, and others. The Group has three reportable segments: American markets, European markets, and Asian markets and others. The majority of its revenue is generated from the Asian markets and others segment.
68GF Score

Get the complete analysis for TPE:2332

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

NT$17.15
Price
NT$15.73
GF Value