SinoPac Financial Holdings Co (TPE:2890) E10: NT$1.37 (As of Dec. 2025)


TPE:2890 SinoPac Financial Holdings Co Ltd TPE:2890
80 GF Score
Price NT$39.15
GF Value NT$28.77
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is SinoPac Financial Holdings Co E10?

SinoPac Financial Holdings Co TPE:2890 -2.00% 80 E10 is NT$1.37 as of Dec. 2025. GuruFocus rates TPE:2890 with a GF Score™ of 80/100 and a GF Value™ of NT$28.77 (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.

SinoPac Financial Holdings Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.400. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.37 for the trailing ten years ended in Dec. 2025.

During the past 12 months, SinoPac Financial Holdings Co's average E10 Growth Rate was 8.70% per year. During the past 3 years, the average E10 Growth Rate was 6.60% per year. During the past 5 years, the average E10 Growth Rate was 8.80% 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 SinoPac Financial Holdings Co was 11.70% per year. The lowest was 6.60% per year. And the median was 10.20% per year.

As of today (2026-06-28), SinoPac Financial Holdings Co's current stock price is NT$39.15. SinoPac Financial Holdings Co's E10 for the quarter that ended in Dec. 2025 was NT$1.37. SinoPac Financial Holdings Co's Shiller PE Ratio of today is 28.58.

During the past 13 years, the highest Shiller PE Ratio of SinoPac Financial Holdings Co was 29.05. The lowest was 11.32. And the median was 14.41.


SinoPac Financial Holdings Co  (TPE:2890) 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.

SinoPac Financial Holdings Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=39.15/1.37
=28.58

* 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 SinoPac Financial Holdings Co was 29.05. The lowest was 11.32. And the median was 14.41.


Be Aware

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


SinoPac Financial Holdings Co E10 Related Terms


SinoPac Financial Holdings Co E10 Historical Data

* Premium members only.

The historical data trend for SinoPac Financial Holdings 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.

SinoPac Financial Holdings Co E10 Chart

SinoPac Financial Holdings 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 1.03 1.13 1.20 1.26 1.37

SinoPac Financial Holdings 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 1.26 1.29 1.31 1.35 1.37

SinoPac Financial Holdings Co E10 Competitor Comparison

For the Banks - Regional subindustry, SinoPac Financial Holdings 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.


SinoPac Financial Holdings Co Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, SinoPac Financial Holdings Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SinoPac Financial Holdings Co's Shiller PE Ratio falls into.


TPE:2890
80GF Score
SinoPac Financial Holdings Co Ltd TPE:2890
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SinoPac Financial Holdings 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, SinoPac Financial Holdings 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)
=0.4/324.0540*324.0540
=0.400

Current CPI (Dec. 2025) = 324.0540.

SinoPac Financial Holdings Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.224 238.132 0.305
201606 0.181 241.018 0.243
201609 0.161 241.428 0.216
201612 0.107 241.432 0.144
201703 0.187 243.801 0.249
201706 0.152 244.955 0.201
201709 0.200 246.819 0.263
201712 0.182 246.524 0.239
201803 0.209 249.554 0.271
201806 0.173 251.989 0.222
201809 0.255 252.439 0.327
201812 0.127 251.233 0.164
201903 0.300 254.202 0.382
201906 0.227 256.143 0.287
201909 0.237 256.759 0.299
201912 0.246 256.974 0.310
202003 0.191 258.115 0.240
202006 0.264 257.797 0.332
202009 0.291 260.280 0.362
202012 0.246 260.474 0.306
202103 0.355 264.877 0.434
202106 0.337 271.696 0.402
202109 0.340 274.310 0.402
202112 0.276 278.802 0.321
202203 0.361 287.504 0.407
202206 0.305 296.311 0.334
202209 0.387 296.808 0.423
202212 0.245 296.797 0.268
202303 0.377 301.836 0.405
202306 0.406 305.109 0.431
202309 0.426 307.789 0.449
202312 0.309 306.746 0.326
202403 0.522 312.332 0.542
202406 0.406 314.175 0.419
202409 0.480 315.301 0.493
202412 0.280 315.605 0.287
202503 0.551 319.799 0.558
202506 0.416 322.561 0.418
202509 0.600 324.800 0.599
202512 0.400 324.054 0.400

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$1.37 mean?
SinoPac Financial Holdings Co (TPE:2890) has a E10 of NT$1.37 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SinoPac Financial Holdings Co and its competitors.
Is SinoPac Financial Holdings Co's E10 too high?
SinoPac Financial Holdings Co's current E10 is NT$1.37. Overall, SinoPac Financial Holdings Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SinoPac Financial Holdings Co's E10 compare to competitors?
SinoPac Financial Holdings Co's E10 of NT$1.37 can be compared against companies in the Banks 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 Banks company?
A good E10 depends on the Banks 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 SinoPac Financial Holdings Co and its competitors. SinoPac Financial Holdings Co's current E10 is NT$1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SinoPac Financial Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, SinoPac Financial Holdings Co (TPE:2890) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$28.77, compared to a current price of NT$39.15 — trading 36.1% above its estimated fair value. The current E10 is NT$1.37. SinoPac Financial Holdings Co's overall GF Score™ is 80/100 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 SinoPac Financial Holdings Co (TPE:2890), the current E10 is NT$1.37 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 SinoPac Financial Holdings Co (TPE:2890) Overvalued in 2026?

Based on GuruFocus' analysis, SinoPac Financial Holdings Co stock appears to be overvalued. The current stock price of NT$39.15 is trading 36.1% above its estimated GF Value™ of NT$28.77. GuruFocus considers SinoPac Financial Holdings Co to be Significantly Overvalued.

Key valuation signals for TPE:2890:

  • E10: NT$1.37
  • GF Value™: NT$28.77 vs. price of NT$39.15 (36.1% above fair value)
  • GF Score™: 80/100 with 7 warning signs

No single metric tells the full story. See the TPE:2890 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SinoPac Financial Holdings Co Business Description

Address No. 308, Bade Road, Section 2, 3rd Floor, 5th to 13th Floor, No. 306 and 6th Floor 1, 6th Floor 2, Zhongshan District, Taipei, TWN, 104
SinoPac Financial Holdings Co Ltd is a Taiwan-based financial holdings company. The company's business segments consist of the banking business, which includes Bank SinoPac and its subsidiaries, offering investment, insurance agent, insurance brokerage, and other services; the securities business, which includes SinoPac Securities and its subsidiaries, and offers securities dealings, investment consulting, asset management, and other services; and the other business segment, which conducts businesses through several other subsidiaries. The company generates its revenue from the banking business. The company has a business presence in Taiwan, the United States, Asia, and other countries, with Taiwan accounting for majority of its revenue.
80GF Score

Get the complete analysis for TPE:2890

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

NT$39.15
Price
NT$28.77
GF Value