Apex Science & Engineering (TPE:3052) E10: NT$0.85 (As of Dec. 2025)


TPE:3052 Apex Science & Engineering Corp TPE:3052
65 GF Score
Price NT$11.00
GF Value NT$13.00
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Apex Science & Engineering E10?

Apex Science & Engineering TPE:3052 -0.45% 65 E10 is NT$0.85 as of Dec. 2025. GuruFocus rates TPE:3052 with a GF Score™ of 65/100 and a GF Value™ of NT$13.00 (Modestly Undervalued). The stock has 3 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.

Apex Science & Engineering's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.85 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Apex Science & Engineering's average E10 Growth Rate was 4.90% per year. During the past 3 years, the average E10 Growth Rate was -15.90% per year. During the past 5 years, the average E10 Growth Rate was -9.50% 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 Apex Science & Engineering was 8.50% per year. The lowest was -15.90% per year. And the median was -12.40% per year.

As of today (2026-07-07), Apex Science & Engineering's current stock price is NT$11.00. Apex Science & Engineering's E10 for the quarter that ended in Dec. 2025 was NT$0.85. Apex Science & Engineering's Shiller PE Ratio of today is 12.94.

During the past 13 years, the highest Shiller PE Ratio of Apex Science & Engineering was 18.30. The lowest was 6.88. And the median was 10.38.


Apex Science & Engineering  (TPE:3052) 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.

Apex Science & Engineering's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.00/0.85
=12.94

* 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 Apex Science & Engineering was 18.30. The lowest was 6.88. And the median was 10.38.


Be Aware

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


Apex Science & Engineering E10 Related Terms


Apex Science & Engineering E10 Historical Data

* Premium members only.

The historical data trend for Apex Science & Engineering'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.

Apex Science & Engineering E10 Chart

Apex Science & Engineering 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 1.22 1.43 0.81 0.81 0.85

Apex Science & Engineering 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 0.81 0.85 0.86 0.87 0.85

TPE:3052 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Apex Science & Engineering'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.


Apex Science & Engineering Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Apex Science & Engineering's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Apex Science & Engineering's Shiller PE Ratio falls into.


TPE:3052
65GF Score
Apex Science & Engineering Corp TPE:3052
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apex Science & Engineering 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, Apex Science & Engineering'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)
=0.15/324.0540*324.0540
=0.150

Current CPI (Dec. 2025) = 324.0540.

Apex Science & Engineering Quarterly Data

per share eps CPI Adj_EPS
201603 0.029 238.132 0.039
201606 0.029 241.018 0.039
201609 0.010 241.428 0.013
201612 0.154 241.432 0.207
201703 0.029 243.801 0.039
201706 0.010 244.955 0.013
201709 0.019 246.819 0.025
201712 0.894 246.524 1.175
201803 -0.048 249.554 -0.062
201806 -0.279 251.989 -0.359
201809 -0.154 252.439 -0.198
201812 -0.173 251.233 -0.223
201903 -0.077 254.202 -0.098
201906 -0.115 256.143 -0.145
201909 -0.067 256.759 -0.085
201912 1.096 256.974 1.382
202003 -0.067 258.115 -0.084
202006 0.807 257.797 1.014
202009 0.673 260.280 0.838
202012 0.115 260.474 0.143
202103 0.192 264.877 0.235
202106 0.154 271.696 0.184
202109 0.019 274.310 0.022
202112 0.135 278.802 0.157
202203 0.231 287.504 0.260
202206 0.211 296.311 0.231
202209 0.265 296.808 0.289
202212 0.304 296.797 0.332
202303 0.245 301.836 0.263
202306 0.275 305.109 0.292
202309 0.210 307.789 0.221
202312 0.260 306.746 0.275
202403 0.270 312.332 0.280
202406 0.210 314.175 0.217
202409 0.240 315.301 0.247
202412 0.250 315.605 0.257
202503 0.340 319.799 0.345
202506 0.320 322.561 0.321
202509 0.290 324.800 0.289
202512 0.150 324.054 0.150

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$0.85 mean?
Apex Science & Engineering (TPE:3052) has a E10 of NT$0.85 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Apex Science & Engineering and its competitors.
Is Apex Science & Engineering's E10 too high?
Apex Science & Engineering's current E10 is NT$0.85. Overall, Apex Science & Engineering has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apex Science & Engineering's E10 compare to PWR and FIX?
Apex Science & Engineering's E10 of NT$0.85 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 Apex Science & Engineering and its competitors. Apex Science & Engineering's current E10 is NT$0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Science & Engineering stock overvalued right now?
Based on GuruFocus' analysis, Apex Science & Engineering (TPE:3052) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$13.00, compared to a current price of NT$11.00 — trading 15.4% below its estimated fair value. The current E10 is NT$0.85. Apex Science & Engineering's overall GF Score™ is 65/100 with 3 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 Apex Science & Engineering (TPE:3052), the current E10 is NT$0.85 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 Apex Science & Engineering (TPE:3052) Overvalued in 2026?

Based on GuruFocus' analysis, Apex Science & Engineering stock appears to be undervalued. The current stock price of NT$11.00 is trading 15.4% below its estimated GF Value™ of NT$13.00. GuruFocus considers Apex Science & Engineering to be Modestly Undervalued.

Key valuation signals for TPE:3052:

  • E10: NT$0.85
  • GF Value™: NT$13.00 vs. price of NT$11.00 (15.4% below fair value)
  • GF Score™: 65/100 with 3 warning signs

No single metric tells the full story. See the TPE:3052 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apex Science & Engineering Business Description

Address No. 112, Xinmin Street, 4th Floor, Zhonghe District, New Taipei, TWN, 235
Apex Science & Engineering Corp, and its subsidiaries, work on projects in mechanical engineering, instrument engineering, environment engineering, related electrical products manufacturing and sales, entrusted construction of factories, residential and commercial buildings, as well as development of special zones, etc.
65GF Score

Get the complete analysis for TPE:3052

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

NT$11.00
Price
NT$13.00
GF Value