Syscom Computer Engineering Co (TPE:2453) E10: NT$2.11 (As of Dec. 2025)


TPE:2453 Syscom Computer Engineering Co TPE:2453
96 GF Score
Price NT$55.00
GF Value NT$66.72
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Syscom Computer Engineering Co E10?

Syscom Computer Engineering Co TPE:2453 -0.54% 96 E10 is NT$2.11 as of Dec. 2025. GuruFocus rates TPE:2453 with a GF Score™ of 96/100 and a GF Value™ of NT$66.72 (Modestly Undervalued). The stock has 1 warning sign 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.

Syscom Computer Engineering Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.11 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Syscom Computer Engineering Co's average E10 Growth Rate was 14.70% per year. During the past 3 years, the average E10 Growth Rate was 14.10% per year. During the past 5 years, the average E10 Growth Rate was 16.40% 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 Syscom Computer Engineering Co was 18.20% per year. The lowest was 14.10% per year. And the median was 16.85% per year.

As of today (2026-06-29), Syscom Computer Engineering Co's current stock price is NT$55.00. Syscom Computer Engineering Co's E10 for the quarter that ended in Dec. 2025 was NT$2.11. Syscom Computer Engineering Co's Shiller PE Ratio of today is 26.07.

During the past 13 years, the highest Shiller PE Ratio of Syscom Computer Engineering Co was 49.54. The lowest was 13.51. And the median was 25.29.


Syscom Computer Engineering Co  (TPE:2453) 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.

Syscom Computer Engineering Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=55.00/2.11
=26.07

* 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 Syscom Computer Engineering Co was 49.54. The lowest was 13.51. And the median was 25.29.


Be Aware

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


Syscom Computer Engineering Co E10 Related Terms


Syscom Computer Engineering Co E10 Historical Data

* Premium members only.

The historical data trend for Syscom Computer Engineering Co'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.

Syscom Computer Engineering Co E10 Chart

Syscom Computer Engineering Co 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 1.18 1.42 1.62 1.84 2.11

Syscom Computer Engineering Co 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 1.84 1.95 2.00 2.06 2.11

TPE:2453 vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, Syscom Computer Engineering Co'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.


Syscom Computer Engineering Co Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Syscom Computer Engineering Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Syscom Computer Engineering Co's Shiller PE Ratio falls into.


TPE:2453
96GF Score
Syscom Computer Engineering Co TPE:2453
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Syscom Computer Engineering Co 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, Syscom Computer Engineering Co'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)
=0.91/324.0540*324.0540
=0.910

Current CPI (Dec. 2025) = 324.0540.

Syscom Computer Engineering Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.040 238.132 0.054
201606 0.230 241.018 0.309
201609 0.040 241.428 0.054
201612 0.360 241.432 0.483
201703 0.190 243.801 0.253
201706 0.100 244.955 0.132
201709 0.220 246.819 0.289
201712 0.400 246.524 0.526
201803 0.110 249.554 0.143
201806 0.120 251.989 0.154
201809 0.160 252.439 0.205
201812 0.240 251.233 0.310
201903 0.320 254.202 0.408
201906 0.270 256.143 0.342
201909 0.270 256.759 0.341
201912 0.430 256.974 0.542
202003 0.240 258.115 0.301
202006 0.380 257.797 0.478
202009 0.340 260.280 0.423
202012 0.720 260.474 0.896
202103 0.430 264.877 0.526
202106 0.390 271.696 0.465
202109 0.480 274.310 0.567
202112 0.850 278.802 0.988
202203 0.690 287.504 0.778
202206 0.270 296.311 0.295
202209 0.580 296.808 0.633
202212 0.970 296.797 1.059
202303 0.840 301.836 0.902
202306 0.370 305.109 0.393
202309 0.670 307.789 0.705
202312 0.880 306.746 0.930
202403 0.850 312.332 0.882
202406 0.570 314.175 0.588
202409 0.660 315.301 0.678
202412 0.970 315.605 0.996
202503 0.890 319.799 0.902
202506 0.590 322.561 0.593
202509 0.710 324.800 0.708
202512 0.910 324.054 0.910

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$2.11 mean?
Syscom Computer Engineering Co (TPE:2453) has a E10 of NT$2.11 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Syscom Computer Engineering Co and its competitors.
Is Syscom Computer Engineering Co's E10 too high?
Syscom Computer Engineering Co's current E10 is NT$2.11. Overall, Syscom Computer Engineering Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Syscom Computer Engineering Co's E10 compare to IBM and ACN?
Syscom Computer Engineering Co's E10 of NT$2.11 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 Syscom Computer Engineering Co and its competitors. Syscom Computer Engineering Co's current E10 is NT$2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Syscom Computer Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Syscom Computer Engineering Co (TPE:2453) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$66.72, compared to a current price of NT$55.00 — trading 17.6% below its estimated fair value. The current E10 is NT$2.11. Syscom Computer Engineering Co's overall GF Score™ is 96/100 with 1 warning sign 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 Syscom Computer Engineering Co (TPE:2453), the current E10 is NT$2.11 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 Syscom Computer Engineering Co (TPE:2453) Overvalued in 2026?

Based on GuruFocus' analysis, Syscom Computer Engineering Co stock appears to be undervalued. The current stock price of NT$55.00 is trading 17.6% below its estimated GF Value™ of NT$66.72. GuruFocus considers Syscom Computer Engineering Co to be Modestly Undervalued.

Key valuation signals for TPE:2453:

  • E10: NT$2.11
  • GF Value™: NT$66.72 vs. price of NT$55.00 (17.6% below fair value)
  • GF Score™: 96/100 with 1 warning sign

No single metric tells the full story. See the TPE:2453 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Syscom Computer Engineering Co Business Description

Address No. 115, Emei Street, 6th Floor, Wanhua District, Taipei, TWN, 108
Syscom Computer Engineering Co is an information technology service-providing company. The company mainly leases and sells computer systems and designs computer software. The company also provides services for the integration of computer information systems and maintenance of computer hardware. The company operates in geographical areas of Taiwan, China, the U.S.A., and Southeast Asia.
96GF Score

Get the complete analysis for TPE:2453

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

NT$55.00
Price
NT$66.72
GF Value