Greatek Electronics (TPE:2441) E10: NT$5.42 (As of Dec. 2025)

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TPE:2441 Greatek Electronics Inc TPE:2441
68 GF Score
Price NT$137.50
GF Value NT$70.92
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Greatek Electronics E10?

Greatek Electronics TPE:2441 -4.84% 68 E10 is NT$5.42 as of Dec. 2025. GuruFocus rates TPE:2441 with a GF Score™ of 68/100 and a GF Value™ of NT$70.92 (Significantly Overvalued). The stock has 7 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.

Greatek Electronics's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$1.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$5.42 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Greatek Electronics's average E10 Growth Rate was 1.90% per year. During the past 3 years, the average E10 Growth Rate was 2.00% per year. During the past 5 years, the average E10 Growth Rate was 7.20% 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 Greatek Electronics was 13.60% per year. The lowest was 2.00% per year. And the median was 9.90% per year.

As of today (2026-07-14), Greatek Electronics's current stock price is NT$137.50. Greatek Electronics's E10 for the quarter that ended in Dec. 2025 was NT$5.42. Greatek Electronics's Shiller PE Ratio of today is 25.37.

During the past 13 years, the highest Shiller PE Ratio of Greatek Electronics was 26.66. The lowest was 8.79. And the median was 12.25.


Greatek Electronics  (TPE:2441) 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.

Greatek Electronics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=137.50/5.42
=25.37

* 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 Greatek Electronics was 26.66. The lowest was 8.79. And the median was 12.25.


Be Aware

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


Greatek Electronics E10 Related Terms


Greatek Electronics E10 Historical Data

* Premium members only.

The historical data trend for Greatek Electronics'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.

Greatek Electronics E10 Chart

Greatek Electronics 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 4.55 5.11 5.25 5.32 5.42

Greatek Electronics 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 5.32 5.38 5.39 5.44 5.42

TPE:2441 vs AMAT, LRCX, KLAC: E10 Comparison

For the Semiconductor Equipment & Materials subindustry, Greatek Electronics'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.


Greatek Electronics Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Greatek Electronics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Greatek Electronics's Shiller PE Ratio falls into.


TPE:2441
68GF Score
Greatek Electronics Inc TPE:2441
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greatek Electronics 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, Greatek Electronics'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)
=1.11/324.0540*324.0540
=1.110

Current CPI (Dec. 2025) = 324.0540.

Greatek Electronics Quarterly Data

per share eps CPI Adj_EPS
201603 0.920 238.132 1.252
201606 0.930 241.018 1.250
201609 1.010 241.428 1.356
201612 1.020 241.432 1.369
201703 1.040 243.801 1.382
201706 1.030 244.955 1.363
201709 1.180 246.819 1.549
201712 1.110 246.524 1.459
201803 1.090 249.554 1.415
201806 1.120 251.989 1.440
201809 1.160 252.439 1.489
201812 0.750 251.233 0.967
201903 0.590 254.202 0.752
201906 0.850 256.143 1.075
201909 1.020 256.759 1.287
201912 0.840 256.974 1.059
202003 0.950 258.115 1.193
202006 1.150 257.797 1.446
202009 1.250 260.280 1.556
202012 1.280 260.474 1.592
202103 1.620 264.877 1.982
202106 1.990 271.696 2.373
202109 2.370 274.310 2.800
202112 2.010 278.802 2.336
202203 2.020 287.504 2.277
202206 1.900 296.311 2.078
202209 1.060 296.808 1.157
202212 0.490 296.797 0.535
202303 0.620 301.836 0.666
202306 1.040 305.109 1.105
202309 1.040 307.789 1.095
202312 0.780 306.746 0.824
202403 0.910 312.332 0.944
202406 1.260 314.175 1.300
202409 1.170 315.301 1.202
202412 1.000 315.605 1.027
202503 1.030 319.799 1.044
202506 0.830 322.561 0.834
202509 1.300 324.800 1.297
202512 1.110 324.054 1.110

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$5.42 mean?
Greatek Electronics (TPE:2441) has a E10 of NT$5.42 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Greatek Electronics and its competitors.
Is Greatek Electronics' E10 too high?
Greatek Electronics' current E10 is NT$5.42. Overall, Greatek Electronics has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Greatek Electronics' E10 compare to AMAT and LRCX?
Greatek Electronics' E10 of NT$5.42 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good E10 depends on the Semiconductors 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 Greatek Electronics and its competitors. Greatek Electronics's current E10 is NT$5.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greatek Electronics stock overvalued right now?
Based on GuruFocus' analysis, Greatek Electronics (TPE:2441) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$70.92, compared to a current price of NT$137.50 — trading 93.9% above its estimated fair value. The current E10 is NT$5.42. Greatek Electronics' overall GF Score™ is 68/100 with 7 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 Greatek Electronics (TPE:2441), the current E10 is NT$5.42 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 Greatek Electronics (TPE:2441) Overvalued in 2026?

Based on GuruFocus' analysis, Greatek Electronics stock appears to be overvalued. The current stock price of NT$137.50 is trading 93.9% above its estimated GF Value™ of NT$70.92. GuruFocus considers Greatek Electronics to be Significantly Overvalued.

Key valuation signals for TPE:2441:

  • E10: NT$5.42
  • GF Value™: NT$70.92 vs. price of NT$137.50 (93.9% above fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the TPE:2441 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greatek Electronics Business Description

Address No. 136, Gongyi Road, Zhunan Township, Miaoli County, Miaoli, TWN
Greatek Electronics Inc is engaged in assembling, packaging, and testing semiconductors. The firm operates in two main segments: assembly services and testing services. Over half of its revenue comes from the assembly services segment. The assembly services segment provides lead-frame bases for conductors, produces copper wires, and builds semiconductors through contract agreements. The testing services segment runs experiments and completes final tests of semiconductors. The majority of the company's revenue is generated from Taiwan, and the rest from Asia (excluding Taiwan), America, Europe, and Africa.
68GF Score

Get the complete analysis for TPE:2441

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

NT$137.50
Price
NT$70.92
GF Value