New Asia Construction & Development (TPE:2516) E10: NT$-0.64 (As of Dec. 2025)


TPE:2516 New Asia Construction & Development Corp TPE:2516
79 GF Score
Price NT$13.80
GF Value NT$15.85
Valuation Modestly Undervalued
! 2 Warning Signs
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What is New Asia Construction & Development E10?

New Asia Construction & Development TPE:2516 +0.36% 79 E10 is NT$-0.64 as of Dec. 2025. GuruFocus rates TPE:2516 with a GF Score™ of 79/100 and a GF Value™ of NT$15.85 (Modestly Undervalued). The stock has 2 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.

New Asia Construction & Development's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.660. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-0.64 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average E10 Growth Rate was 5.60% per year. During the past 5 years, the average E10 Growth Rate was -24.30% 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 New Asia Construction & Development was 5.60% per year. The lowest was -44.90% per year. And the median was -30.70% per year.

As of today (2026-06-30), New Asia Construction & Development's current stock price is NT$13.80. New Asia Construction & Development's E10 for the quarter that ended in Dec. 2025 was NT$-0.64. New Asia Construction & Development's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of New Asia Construction & Development was 34.63. The lowest was 10.29. And the median was 17.56.


New Asia Construction & Development  (TPE:2516) 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 New Asia Construction & Development was 34.63. The lowest was 10.29. And the median was 17.56.


Be Aware

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


New Asia Construction & Development E10 Related Terms


New Asia Construction & Development E10 Historical Data

* Premium members only.

The historical data trend for New Asia Construction & Development'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.

New Asia Construction & Development E10 Chart

New Asia Construction & Development 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 -0.30 -0.76 -0.67 -0.67 -0.64

New Asia Construction & Development 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 -0.67 -0.70 -0.71 -0.71 -0.64

TPE:2516 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, New Asia Construction & Development'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.


New Asia Construction & Development Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, New Asia Construction & Development's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where New Asia Construction & Development's Shiller PE Ratio falls into.


TPE:2516
79GF Score
New Asia Construction & Development Corp TPE:2516
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Asia Construction & Development 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, New Asia Construction & Development'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)
=0.66/324.0540*324.0540
=0.660

Current CPI (Dec. 2025) = 324.0540.

New Asia Construction & Development Quarterly Data

per share eps CPI Adj_EPS
201603 0.120 238.132 0.163
201606 -0.020 241.018 -0.027
201609 0.600 241.428 0.805
201612 -0.620 241.432 -0.832
201703 -0.170 243.801 -0.226
201706 -0.990 244.955 -1.310
201709 -0.100 246.819 -0.131
201712 -1.130 246.524 -1.485
201803 0.010 249.554 0.013
201806 0.060 251.989 0.077
201809 0.110 252.439 0.141
201812 0.120 251.233 0.155
201903 -0.030 254.202 -0.038
201906 0.140 256.143 0.177
201909 -0.030 256.759 -0.038
201912 0.070 256.974 0.088
202003 0.040 258.115 0.050
202006 -0.890 257.797 -1.119
202009 -1.930 260.280 -2.403
202012 -0.320 260.474 -0.398
202103 0.210 264.877 0.257
202106 0.020 271.696 0.024
202109 0.070 274.310 0.083
202112 0.230 278.802 0.267
202203 0.110 287.504 0.124
202206 -1.550 296.311 -1.695
202209 -0.030 296.808 -0.033
202212 -1.950 296.797 -2.129
202303 0.270 301.836 0.290
202306 0.230 305.109 0.244
202309 0.310 307.789 0.326
202312 -0.040 306.746 -0.042
202403 0.220 312.332 0.228
202406 0.020 314.175 0.021
202409 0.360 315.301 0.370
202412 0.370 315.605 0.380
202503 0.300 319.799 0.304
202506 0.080 322.561 0.080
202509 0.190 324.800 0.190
202512 0.660 324.054 0.660

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$-0.64 mean?
New Asia Construction & Development (TPE:2516) has a E10 of NT$-0.64 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on New Asia Construction & Development and its competitors.
Is New Asia Construction & Development's E10 too high?
New Asia Construction & Development's current E10 is NT$-0.64. Overall, New Asia Construction & Development has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Asia Construction & Development's E10 compare to PWR and FIX?
New Asia Construction & Development's E10 of NT$-0.64 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 New Asia Construction & Development and its competitors. New Asia Construction & Development's current E10 is NT$-0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Asia Construction & Development stock overvalued right now?
Based on GuruFocus' analysis, New Asia Construction & Development (TPE:2516) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.85, compared to a current price of NT$13.80 — trading 12.9% below its estimated fair value. The current E10 is NT$-0.64. New Asia Construction & Development's overall GF Score™ is 79/100 with 2 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 New Asia Construction & Development (TPE:2516), the current E10 is NT$-0.64 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 New Asia Construction & Development (TPE:2516) Overvalued in 2026?

Based on GuruFocus' analysis, New Asia Construction & Development stock appears to be undervalued. The current stock price of NT$13.80 is trading 12.9% below its estimated GF Value™ of NT$15.85. GuruFocus considers New Asia Construction & Development to be Modestly Undervalued.

Key valuation signals for TPE:2516:

  • E10: NT$-0.64
  • GF Value™: NT$15.85 vs. price of NT$13.80 (12.9% below fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the TPE:2516 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Asia Construction & Development Business Description

Address No. 760, Section 4, Bade Road, 15th & 16th Floor, Songshan District, Taipei, TWN
New Asia Construction & Development Corp and its subsidiaries are engaged in the construction of heavy equipment needed for civil engineering, development business related to land and community, construction, leasing or selling of public housing and office building, repairment, leasing and selling of heavy equipment, manufacturing and selling of ready mixed concrete and asphalt concrete, and investment. The Group operates in the construction segment, which is engaged in the construction of residential and commercial buildings and civil engineering contracts. The company operates in Taiwan and Asia, and the maximum revenue is generated from Taiwan.
79GF Score

Get the complete analysis for TPE:2516

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

NT$13.80
Price
NT$15.85
GF Value