KYE Systems (TPE:2365) E10: NT$0.28 (As of Dec. 2025)


TPE:2365 KYE Systems Corp TPE:2365
75 GF Score
Price NT$34.20
GF Value NT$35.42
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is KYE Systems E10?

KYE Systems TPE:2365 -2.43% 75 E10 is NT$0.28 as of Dec. 2025. GuruFocus rates TPE:2365 with a GF Score™ of 75/100 and a GF Value™ of NT$35.42 (Fairly Valued). The stock has 3 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.

KYE Systems's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.28 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average E10 Growth Rate was 8.40% per year. During the past 5 years, the average E10 Growth Rate was 7.30% 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 KYE Systems was 10.10% per year. The lowest was -9.80% per year. And the median was 7.90% per year.

As of today (2026-07-07), KYE Systems's current stock price is NT$34.20. KYE Systems's E10 for the quarter that ended in Dec. 2025 was NT$0.28. KYE Systems's Shiller PE Ratio of today is 122.14.

During the past 13 years, the highest Shiller PE Ratio of KYE Systems was 222.07. The lowest was 19.93. And the median was 54.55.


KYE Systems  (TPE:2365) 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.

KYE Systems's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=34.20/0.28
=122.14

* 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 KYE Systems was 222.07. The lowest was 19.93. And the median was 54.55.


Be Aware

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


KYE Systems E10 Related Terms


KYE Systems E10 Historical Data

* Premium members only.

The historical data trend for KYE Systems'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.

KYE Systems E10 Chart

KYE Systems 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 0.21 0.22 0.26 0.28 0.28

KYE Systems 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 0.28 0.28 0.26 0.27 0.28

TPE:2365 vs SNDK, DELL, STX: E10 Comparison

For the Computer Hardware subindustry, KYE Systems'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.


KYE Systems Shiller PE Ratio vs Hardware Industry

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

* The bar in red indicates where KYE Systems's Shiller PE Ratio falls into.


TPE:2365
75GF Score
KYE Systems Corp TPE:2365
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KYE Systems 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, KYE Systems'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)
=0.1/324.0540*324.0540
=0.100

Current CPI (Dec. 2025) = 324.0540.

KYE Systems Quarterly Data

per share eps CPI Adj_EPS
201603 -0.100 238.132 -0.136
201606 -0.060 241.018 -0.081
201609 -0.180 241.428 -0.242
201612 -0.760 241.432 -1.020
201703 -0.100 243.801 -0.133
201706 0.040 244.955 0.053
201709 0.220 246.819 0.289
201712 0.040 246.524 0.053
201803 0.280 249.554 0.364
201806 0.090 251.989 0.116
201809 0.070 252.439 0.090
201812 -0.050 251.233 -0.064
201903 0.030 254.202 0.038
201906 0.050 256.143 0.063
201909 0.050 256.759 0.063
201912 0.510 256.974 0.643
202003 0.070 258.115 0.088
202006 0.090 257.797 0.113
202009 0.330 260.280 0.411
202012 0.150 260.474 0.187
202103 0.220 264.877 0.269
202106 -0.170 271.696 -0.203
202109 0.110 274.310 0.130
202112 0.060 278.802 0.070
202203 0.040 287.504 0.045
202206 0.080 296.311 0.087
202209 0.170 296.808 0.186
202212 -0.040 296.797 -0.044
202303 0.080 301.836 0.086
202306 0.130 305.109 0.138
202309 0.140 307.789 0.147
202312 -0.020 306.746 -0.021
202403 0.160 312.332 0.166
202406 0.180 314.175 0.186
202409 0.220 315.301 0.226
202412 0.090 315.605 0.092
202503 0.070 319.799 0.071
202506 -0.040 322.561 -0.040
202509 0.200 324.800 0.200
202512 0.100 324.054 0.100

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$0.28 mean?
KYE Systems (TPE:2365) has a E10 of NT$0.28 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on KYE Systems and its competitors.
Is KYE Systems' E10 too high?
KYE Systems' current E10 is NT$0.28. Overall, KYE Systems has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KYE Systems' E10 compare to SNDK and DELL?
KYE Systems' E10 of NT$0.28 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 KYE Systems and its competitors. KYE Systems's current E10 is NT$0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KYE Systems stock overvalued right now?
Based on GuruFocus' analysis, KYE Systems (TPE:2365) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.42, compared to a current price of NT$34.20 — trading 3.4% below its estimated fair value. The current E10 is NT$0.28. KYE Systems' overall GF Score™ is 75/100 with 3 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 KYE Systems (TPE:2365), the current E10 is NT$0.28 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 KYE Systems (TPE:2365) Overvalued in 2026?

Based on GuruFocus' analysis, KYE Systems stock appears to be undervalued. The current stock price of NT$34.20 is trading 3.4% below its estimated GF Value™ of NT$35.42. GuruFocus considers KYE Systems to be Fairly Valued.

Key valuation signals for TPE:2365:

  • E10: NT$0.28
  • GF Value™: NT$35.42 vs. price of NT$34.20 (3.4% below fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the TPE:2365 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KYE Systems Business Description

Address Number 492, Chongxin Road, 1st-8th Floor, Section 5, Sanchong District, New Taipei City, TWN, 24160
KYE Systems Corp is a Taiwan-based company mainly engaged in the manufacturing, processing and trading of computer peripheral products such as computer mice, keyboards, video image products such as network and security cameras, and consumer electronic products such as headphone speakers and game console peripherals. The operating segments of the company are Electronic Products and Others. The majority of revenue is derived from the Electronic Products segment. Geographically, the company operates in Asia, America, Europe and Taiwan. The maximum revenue is generated from America.
75GF Score

Get the complete analysis for TPE:2365

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

NT$34.20
Price
NT$35.42
GF Value