Asrock (TPE:3515) E10: NT$10.06 (As of Dec. 2025)


TPE:3515 Asrock Inc TPE:3515
87 GF Score
Price NT$232.00
GF Value NT$531.21
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Asrock E10?

Asrock TPE:3515 -4.72% 87 E10 is NT$10.06 as of Dec. 2025. GuruFocus rates TPE:3515 with a GF Score™ of 87/100 and a GF Value™ of NT$531.21 (Possible Value Trap). 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.

Asrock's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$3.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$10.06 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Asrock's average E10 Growth Rate was 17.10% per year. During the past 3 years, the average E10 Growth Rate was 7.60% per year. During the past 5 years, the average E10 Growth Rate was 6.60% 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 Asrock was 7.60% per year. The lowest was 3.10% per year. And the median was 5.30% per year.

As of today (2026-06-29), Asrock's current stock price is NT$232.00. Asrock's E10 for the quarter that ended in Dec. 2025 was NT$10.06. Asrock's Shiller PE Ratio of today is 23.06.

During the past 13 years, the highest Shiller PE Ratio of Asrock was 37.83. The lowest was 7.85. And the median was 23.35.


Asrock  (TPE:3515) 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.

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

Shiller PE Ratio=Share Price/E10
=232.00/10.06
=23.06

* 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 Asrock was 37.83. The lowest was 7.85. And the median was 23.35.


Be Aware

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


Asrock E10 Related Terms


Asrock E10 Historical Data

* Premium members only.

The historical data trend for Asrock'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.

Asrock E10 Chart

Asrock 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 7.84 8.07 7.89 8.59 10.06

Asrock 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 8.59 8.95 9.32 9.75 10.06

TPE:3515 vs SNDK, DELL, STX: E10 Comparison

For the Computer Hardware subindustry, Asrock'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.


Asrock Shiller PE Ratio vs Hardware Industry

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

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


TPE:3515
87GF Score
Asrock Inc TPE:3515
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asrock 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, Asrock'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)
=3.98/324.0540*324.0540
=3.980

Current CPI (Dec. 2025) = 324.0540.

Asrock Quarterly Data

per share eps CPI Adj_EPS
201603 0.660 238.132 0.898
201606 0.130 241.018 0.175
201609 0.510 241.428 0.685
201612 0.070 241.432 0.094
201703 0.820 243.801 1.090
201706 0.700 244.955 0.926
201709 1.520 246.819 1.996
201712 0.970 246.524 1.275
201803 1.560 249.554 2.026
201806 1.340 251.989 1.723
201809 1.190 252.439 1.528
201812 0.800 251.233 1.032
201903 0.800 254.202 1.020
201906 0.820 256.143 1.037
201909 1.720 256.759 2.171
201912 1.590 256.974 2.005
202003 1.540 258.115 1.933
202006 2.740 257.797 3.444
202009 4.030 260.280 5.017
202012 2.920 260.474 3.633
202103 4.120 264.877 5.040
202106 6.560 271.696 7.824
202109 3.330 274.310 3.934
202112 5.560 278.802 6.462
202203 4.970 287.504 5.602
202206 2.010 296.311 2.198
202209 1.450 296.808 1.583
202212 0.200 296.797 0.218
202303 1.020 301.836 1.095
202306 1.290 305.109 1.370
202309 2.530 307.789 2.664
202312 2.680 306.746 2.831
202403 2.530 312.332 2.625
202406 2.160 314.175 2.228
202409 2.480 315.301 2.549
202412 3.320 315.605 3.409
202503 3.560 319.799 3.607
202506 3.310 322.561 3.325
202509 4.330 324.800 4.320
202512 3.980 324.054 3.980

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$10.06 mean?
Asrock (TPE:3515) has a E10 of NT$10.06 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Asrock and its competitors.
Is Asrock's E10 too high?
Asrock's current E10 is NT$10.06. Overall, Asrock has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asrock's E10 compare to SNDK and DELL?
Asrock's E10 of NT$10.06 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 Asrock and its competitors. Asrock's current E10 is NT$10.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asrock stock overvalued right now?
Based on GuruFocus' analysis, Asrock (TPE:3515) is currently considered Possible Value Trap. The stock's GF Value™ is NT$531.21, compared to a current price of NT$232.00 — trading 56.3% below its estimated fair value. The current E10 is NT$10.06. Asrock's overall GF Score™ is 87/100 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 Asrock (TPE:3515), the current E10 is NT$10.06 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 Asrock (TPE:3515) Overvalued in 2026?

Based on GuruFocus' analysis, Asrock stock appears to be undervalued. The current stock price of NT$232.00 is trading 56.3% below its estimated GF Value™ of NT$531.21. GuruFocus considers Asrock to be Possible Value Trap.

Key valuation signals for TPE:3515:

  • E10: NT$10.06
  • GF Value™: NT$531.21 vs. price of NT$232.00 (56.3% below fair value)
  • GF Score™: 87/100 with 3 warning signs

No single metric tells the full story. See the TPE:3515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asrock Business Description

Address No.37, Section 2, Jhongyang South Road, 2nd Floor, Beitou District, Taipei City, TWN, 112
Asrock Inc specializes in the sales of motherboards and related product development and design. Its product offerings comprise motherboards, graphics cards, gaming monitors, mini PCs, industrial PCs, and servers/WS. The company generates maximum revenue from Asia and has a presence in Europe, America, and other regions.
87GF Score

Get the complete analysis for TPE:3515

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

NT$232.00
Price
NT$531.21
GF Value