Wan Hai Lines (TPE:2615) E10: NT$11.44 (As of Dec. 2025)


TPE:2615 Wan Hai Lines Ltd TPE:2615
79 GF Score
Price NT$78.60
GF Value NT$71.45
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Wan Hai Lines E10?

Wan Hai Lines TPE:2615 +2.48% 79 E10 is NT$11.44 as of Dec. 2025. GuruFocus rates TPE:2615 with a GF Score™ of 79/100 and a GF Value™ of NT$71.45 (Fairly Valued). The stock has 4 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.

Wan Hai Lines's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$3.570. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$11.44 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Wan Hai Lines's average E10 Growth Rate was 11.80% per year. During the past 3 years, the average E10 Growth Rate was 10.10% per year. During the past 5 years, the average E10 Growth Rate was 46.30% 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 Wan Hai Lines was 101.90% per year. The lowest was 10.10% per year. And the median was 71.20% per year.

As of today (2026-06-30), Wan Hai Lines's current stock price is NT$78.60. Wan Hai Lines's E10 for the quarter that ended in Dec. 2025 was NT$11.44. Wan Hai Lines's Shiller PE Ratio of today is 6.87.

During the past 13 years, the highest Shiller PE Ratio of Wan Hai Lines was 122.62. The lowest was 4.90. And the median was 10.40.


Wan Hai Lines  (TPE:2615) 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.

Wan Hai Lines's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=78.60/11.44
=6.87

* 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 Wan Hai Lines was 122.62. The lowest was 4.90. And the median was 10.40.


Be Aware

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


Wan Hai Lines E10 Related Terms


Wan Hai Lines E10 Historical Data

* Premium members only.

The historical data trend for Wan Hai Lines'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.

Wan Hai Lines E10 Chart

Wan Hai Lines 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 4.97 8.56 8.54 10.23 11.44

Wan Hai Lines 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 10.23 10.58 10.65 11.09 11.44

Wan Hai Lines E10 Competitor Comparison

For the Marine Shipping subindustry, Wan Hai Lines'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.


Wan Hai Lines Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Wan Hai Lines's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Wan Hai Lines's Shiller PE Ratio falls into.


TPE:2615
79GF Score
Wan Hai Lines Ltd TPE:2615
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wan Hai Lines 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, Wan Hai Lines'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)
=3.57/324.0540*324.0540
=3.570

Current CPI (Dec. 2025) = 324.0540.

Wan Hai Lines Quarterly Data

per share eps CPI Adj_EPS
201603 0.015 238.132 0.020
201606 0.087 241.018 0.117
201609 0.016 241.428 0.021
201612 0.277 241.432 0.372
201703 -0.072 243.801 -0.096
201706 0.316 244.955 0.418
201709 0.451 246.819 0.592
201712 0.206 246.524 0.271
201803 0.047 249.554 0.061
201806 0.095 251.989 0.122
201809 0.150 252.439 0.193
201812 0.095 251.233 0.123
201903 0.372 254.202 0.474
201906 0.245 256.143 0.310
201909 0.229 256.759 0.289
201912 0.419 256.974 0.528
202003 0.032 258.115 0.040
202006 0.593 257.797 0.745
202009 0.643 260.280 0.801
202012 2.765 260.474 3.440
202103 5.226 264.877 6.394
202106 5.887 271.696 7.021
202109 12.660 274.310 14.956
202112 12.130 278.802 14.099
202203 14.440 287.504 16.276
202206 10.720 296.311 11.724
202209 7.940 296.808 8.669
202212 -0.010 296.797 -0.011
202303 -0.750 301.836 -0.805
202306 -0.830 305.109 -0.882
202309 0.900 307.789 0.948
202312 -1.390 306.746 -1.468
202403 1.650 312.332 1.712
202406 4.120 314.175 4.250
202409 6.560 315.301 6.742
202412 4.540 315.605 4.662
202503 3.110 319.799 3.151
202506 0.380 322.561 0.382
202509 4.140 324.800 4.130
202512 3.570 324.054 3.570

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$11.44 mean?
Wan Hai Lines (TPE:2615) has a E10 of NT$11.44 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Wan Hai Lines and its competitors.
Is Wan Hai Lines' E10 too high?
Wan Hai Lines' current E10 is NT$11.44. Overall, Wan Hai Lines has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wan Hai Lines' E10 compare to competitors?
Wan Hai Lines' E10 of NT$11.44 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 Wan Hai Lines and its competitors. Wan Hai Lines's current E10 is NT$11.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wan Hai Lines stock overvalued right now?
Based on GuruFocus' analysis, Wan Hai Lines (TPE:2615) is currently considered Fairly Valued. The stock's GF Value™ is NT$71.45, compared to a current price of NT$78.60 — trading 10% above its estimated fair value. The current E10 is NT$11.44. Wan Hai Lines' overall GF Score™ is 79/100 with 4 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 Wan Hai Lines (TPE:2615), the current E10 is NT$11.44 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 Wan Hai Lines (TPE:2615) Overvalued in 2026?

Based on GuruFocus' analysis, Wan Hai Lines stock appears to be overvalued. The current stock price of NT$78.60 is trading 10% above its estimated GF Value™ of NT$71.45. GuruFocus considers Wan Hai Lines to be Fairly Valued.

Key valuation signals for TPE:2615:

  • E10: NT$11.44
  • GF Value™: NT$71.45 vs. price of NT$78.60 (10% above fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the TPE:2615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wan Hai Lines Business Description

Address 136, Sung Chiang Road, 10th Floor, Taipei, TWN
Wan Hai Lines Ltd is a transportation and logistics company domiciled in Taiwan. The company develops and operates terminals, container yards, and warehouses, and provides container shipping services through its fleet of vessels. Besides, the company constructs and maintains cargo containers, provides container loading and unloading services, and constructs and maintains ships. The company generates the majority of its revenue from Freight, Rentals, followed by WHL Terminals and Other services in geographical regions that include Asia, followed by India, the Middle East, America and the Red Sea.
79GF Score

Get the complete analysis for TPE:2615

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

NT$78.60
Price
NT$71.45
GF Value