Tze Shin International Co (TPE:2611) E10: NT$0.43 (As of Dec. 2025)

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TPE:2611 Tze Shin International Co Ltd TPE:2611
66 GF Score
Price NT$14.25
GF Value NT$18.39
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Tze Shin International Co E10?

Tze Shin International Co TPE:2611 -0.34% 66 E10 is NT$0.43 as of Dec. 2025. GuruFocus rates TPE:2611 with a GF Score™ of 66/100 and a GF Value™ of NT$18.39 (Modestly Undervalued). The stock has 9 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.

Tze Shin International Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.43 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Tze Shin International Co's average E10 Growth Rate was 7.50% per year. During the past 3 years, the average E10 Growth Rate was 142.90% per year. During the past 5 years, the average E10 Growth Rate was 2.40% 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 Tze Shin International Co was 142.90% per year. The lowest was -58.50% per year. And the median was -14.60% per year.

As of today (2026-07-14), Tze Shin International Co's current stock price is NT$14.25. Tze Shin International Co's E10 for the quarter that ended in Dec. 2025 was NT$0.43. Tze Shin International Co's Shiller PE Ratio of today is 33.14.

During the past 13 years, the highest Shiller PE Ratio of Tze Shin International Co was 503.33. The lowest was 11.70. And the median was 37.38.


Tze Shin International Co  (TPE:2611) 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.

Tze Shin International Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.25/0.43
=33.14

* 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 Tze Shin International Co was 503.33. The lowest was 11.70. And the median was 37.38.


Be Aware

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


Tze Shin International Co E10 Related Terms


Tze Shin International Co E10 Historical Data

* Premium members only.

The historical data trend for Tze Shin International 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.

Tze Shin International Co E10 Chart

Tze Shin International 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 0.68 0.03 0.27 0.40 0.43

Tze Shin International 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 0.40 0.33 0.35 0.40 0.43

Tze Shin International Co E10 Competitor Comparison

For the Marine Shipping subindustry, Tze Shin International 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.


Tze Shin International Co Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Tze Shin International Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tze Shin International Co's Shiller PE Ratio falls into.


TPE:2611
66GF Score
Tze Shin International Co Ltd TPE:2611
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tze Shin International 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, Tze Shin International 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)
=0.13/324.0540*324.0540
=0.130

Current CPI (Dec. 2025) = 324.0540.

Tze Shin International Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.009 238.132 0.012
201606 0.082 241.018 0.110
201609 -0.082 241.428 -0.110
201612 -0.336 241.432 -0.451
201703 -0.145 243.801 -0.193
201706 -0.045 244.955 -0.060
201709 0.245 246.819 0.322
201712 0.000 246.524 0.000
201803 0.164 249.554 0.213
201806 -0.145 251.989 -0.186
201809 0.082 252.439 0.105
201812 0.164 251.233 0.212
201903 0.136 254.202 0.173
201906 0.118 256.143 0.149
201909 0.018 256.759 0.023
201912 -0.918 256.974 -1.158
202003 -0.227 258.115 -0.285
202006 0.227 257.797 0.285
202009 -1.218 260.280 -1.516
202012 1.127 260.474 1.402
202103 0.400 264.877 0.489
202106 1.864 271.696 2.223
202109 -0.860 274.310 -1.016
202112 0.140 278.802 0.163
202203 0.170 287.504 0.192
202206 -1.910 296.311 -2.089
202209 0.250 296.808 0.273
202212 0.120 296.797 0.131
202303 0.050 301.836 0.054
202306 0.350 305.109 0.372
202309 0.970 307.789 1.021
202312 1.100 306.746 1.162
202403 1.140 312.332 1.183
202406 0.370 314.175 0.382
202409 0.320 315.301 0.329
202412 -0.200 315.605 -0.205
202503 -0.510 319.799 -0.517
202506 0.160 322.561 0.161
202509 0.730 324.800 0.728
202512 0.130 324.054 0.130

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$0.43 mean?
Tze Shin International Co (TPE:2611) has a E10 of NT$0.43 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tze Shin International Co and its competitors.
Is Tze Shin International Co's E10 too high?
Tze Shin International Co's current E10 is NT$0.43. Overall, Tze Shin International Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tze Shin International Co's E10 compare to competitors?
Tze Shin International Co's E10 of NT$0.43 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 Tze Shin International Co and its competitors. Tze Shin International Co's current E10 is NT$0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tze Shin International Co stock overvalued right now?
Based on GuruFocus' analysis, Tze Shin International Co (TPE:2611) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$18.39, compared to a current price of NT$14.25 — trading 22.5% below its estimated fair value. The current E10 is NT$0.43. Tze Shin International Co's overall GF Score™ is 66/100 with 9 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 Tze Shin International Co (TPE:2611), the current E10 is NT$0.43 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 Tze Shin International Co (TPE:2611) Overvalued in 2026?

Based on GuruFocus' analysis, Tze Shin International Co stock appears to be undervalued. The current stock price of NT$14.25 is trading 22.5% below its estimated GF Value™ of NT$18.39. GuruFocus considers Tze Shin International Co to be Modestly Undervalued.

Key valuation signals for TPE:2611:

  • E10: NT$0.43
  • GF Value™: NT$18.39 vs. price of NT$14.25 (22.5% below fair value)
  • GF Score™: 66/100 with 9 warning signs

No single metric tells the full story. See the TPE:2611 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tze Shin International Co Business Description

Address Section 3, Civic Boulevard, 6th Floor, No. 206, Da\'an District, Taipei, TWN, 104
Tze Shin International Co Ltd operates in the shipping and ports industry. The Company offers long-distance container transshipment; Shipside transportation operations; container haulage; truck freight: transportation of chemicals, gasoline, and diesel tanks, lease of containers, racks, and equipment; and bulk goods; and entrust of construction companies to build commercial, industrial buildings, and public housing for sale and leasing. The company's revenue mainly comes from transportation services and the operation of international tourist hotels. The segments include: Hotel segment, Transportation segment, Construction segment and Other segment, of which Hotel segment derives maximum revenue.
66GF Score

Get the complete analysis for TPE:2611

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

NT$14.25
Price
NT$18.39
GF Value