Alpha Networks (TPE:3380) E10: NT$0.91 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:3380 Alpha Networks Inc TPE:3380
69 GF Score
Price NT$30.30
GF Value NT$32.43
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Alpha Networks E10?

Alpha Networks TPE:3380 +1.68% 69 E10 is NT$0.91 as of Mar. 2026. GuruFocus rates TPE:3380 with a GF Score™ of 69/100 and a GF Value™ of NT$32.43 (Fairly Valued). 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.

Alpha Networks's adjusted earnings per share data for the three months ended in Mar. 2026 was NT$0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.91 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Alpha Networks's average E10 Growth Rate was 12.30% per year. During the past 3 years, the average E10 Growth Rate was -4.10% per year. During the past 5 years, the average E10 Growth Rate was -4.60% 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 Alpha Networks was -4.10% per year. The lowest was -8.70% per year. And the median was -5.80% per year.

As of today (2026-07-28), Alpha Networks's current stock price is NT$30.30. Alpha Networks's E10 for the quarter that ended in Mar. 2026 was NT$0.91. Alpha Networks's Shiller PE Ratio of today is 33.30.

During the past 13 years, the highest Shiller PE Ratio of Alpha Networks was 45.81. The lowest was 12.42. And the median was 31.77.


Alpha Networks  (TPE:3380) 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.

Alpha Networks's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=30.30/0.91
=33.30

* 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 Alpha Networks was 45.81. The lowest was 12.42. And the median was 31.77.


Be Aware

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


Alpha Networks E10 Related Terms


Alpha Networks E10 Historical Data

* Premium members only.

The historical data trend for Alpha Networks'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.

Alpha Networks E10 Chart

Alpha Networks 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 0.99 1.02 0.92 0.83 0.90

Alpha Networks Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.77 0.87 0.90 0.91

TPE:3380 vs CSCO, MSI, HPE: E10 Comparison

For the Communication Equipment subindustry, Alpha Networks'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.


Alpha Networks Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Alpha Networks's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Alpha Networks's Shiller PE Ratio falls into.


TPE:3380
69GF Score
Alpha Networks Inc TPE:3380
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alpha Networks 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, Alpha Networks's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.1/330.2130*330.2130
=0.100

Current CPI (Mar. 2026) = 330.2130.

Alpha Networks Quarterly Data

per share eps CPI Adj_EPS
201606 0.710 241.018 0.973
201609 0.220 241.428 0.301
201612 0.270 241.432 0.369
201703 0.390 243.801 0.528
201706 0.340 244.955 0.458
201709 0.370 246.819 0.495
201712 0.160 246.524 0.214
201803 -0.130 249.554 -0.172
201806 -0.310 251.989 -0.406
201809 0.040 252.439 0.052
201812 0.230 251.233 0.302
201903 0.002 254.202 0.003
201906 0.160 256.143 0.206
201909 0.160 256.759 0.206
201912 0.120 256.974 0.154
202003 -0.240 258.115 -0.307
202006 0.390 257.797 0.500
202009 0.440 260.280 0.558
202012 0.430 260.474 0.545
202103 0.210 264.877 0.262
202106 0.210 271.696 0.255
202109 0.210 274.310 0.253
202112 0.170 278.802 0.201
202203 0.250 287.504 0.287
202206 0.450 296.311 0.501
202209 0.580 296.808 0.645
202212 0.410 296.797 0.456
202303 0.320 301.836 0.350
202306 0.440 305.109 0.476
202309 0.150 307.789 0.161
202312 0.090 306.746 0.097
202403 0.120 312.332 0.127
202406 0.480 314.175 0.505
202409 -0.050 315.301 -0.052
202412 -0.160 315.605 -0.167
202503 -0.200 319.799 -0.207
202506 -0.190 322.561 -0.195
202509 0.020 324.800 0.020
202512 0.010 324.054 0.010
202603 0.100 330.213 0.100

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$0.91 mean?
Alpha Networks (TPE:3380) has a E10 of NT$0.91 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Alpha Networks and its competitors.
Is Alpha Networks' E10 too high?
Alpha Networks' current E10 is NT$0.91. Overall, Alpha Networks has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alpha Networks' E10 compare to CSCO and MSI?
Alpha Networks' E10 of NT$0.91 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Alpha Networks and its competitors. Alpha Networks's current E10 is NT$0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Networks stock overvalued right now?
Based on GuruFocus' analysis, Alpha Networks (TPE:3380) is currently considered Fairly Valued. The stock's GF Value™ is NT$32.43, compared to a current price of NT$30.30 — trading 6.6% below its estimated fair value. The current E10 is NT$0.91. Alpha Networks' overall GF Score™ is 69/100 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 Alpha Networks (TPE:3380), the current E10 is NT$0.91 as of Mar. 2026. 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 Alpha Networks (TPE:3380) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Networks stock appears to be undervalued. The current stock price of NT$30.30 is trading 6.6% below its estimated GF Value™ of NT$32.43. GuruFocus considers Alpha Networks to be Fairly Valued.

Key valuation signals for TPE:3380:

  • E10: NT$0.91
  • GF Value™: NT$32.43 vs. price of NT$30.30 (6.6% below fair value)
  • GF Score™: 69/100 with 7 warning signs

No single metric tells the full story. See the TPE:3380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alpha Networks Business Description

Address Li-Shing 7th Road, No. 8, Science-based Park, Hsinchu, TWN
Alpha Networks Inc is a provider of telecommunications services mainly engaged in the research, development, design, production, and sale of broadband products, computer network systems, wireless local area networks (LAN), and related accessories. Its product portfolio includes data center switches, Ethernet switches, wireless and fixed broadband products, video radar doorbells, wireless cameras, radar sensors, and others. The Group's reportable segments are: Network related products, which generate maximum revenue, and Others. Geographically, it derives maximum revenue from the United States, and the rest from Taiwan, Japan, and other regions.
69GF Score

Get the complete analysis for TPE:3380

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

NT$30.30
Price
NT$32.43
GF Value