Aces Electronic Co (TPE:3605) E10: NT$2.15 (As of Dec. 2025)


TPE:3605 Aces Electronic Co Ltd TPE:3605
74 GF Score
Price NT$91.20
GF Value NT$56.14
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Aces Electronic Co E10?

Aces Electronic Co TPE:3605 74 E10 is NT$2.15 as of Dec. 2025. GuruFocus rates TPE:3605 with a GF Score™ of 74/100 and a GF Value™ of NT$56.14 (Significantly Overvalued). The stock has 10 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.

Aces Electronic Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.831. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.15 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Aces Electronic Co's average E10 Growth Rate was 15.60% per year. During the past 3 years, the average E10 Growth Rate was -2.90% per year. During the past 5 years, the average E10 Growth Rate was -3.50% 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 Aces Electronic Co was -2.90% per year. The lowest was -6.70% per year. And the median was -4.85% per year.

As of today (2026-07-12), Aces Electronic Co's current stock price is NT$91.20. Aces Electronic Co's E10 for the quarter that ended in Dec. 2025 was NT$2.15. Aces Electronic Co's Shiller PE Ratio of today is 42.42.

During the past 13 years, the highest Shiller PE Ratio of Aces Electronic Co was 42.42. The lowest was 6.27. And the median was 18.35.


Aces Electronic Co  (TPE:3605) 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.

Aces Electronic Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=91.20/2.15
=42.42

* 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 Aces Electronic Co was 42.42. The lowest was 6.27. And the median was 18.35.


Be Aware

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


Aces Electronic Co E10 Related Terms


Aces Electronic Co E10 Historical Data

* Premium members only.

The historical data trend for Aces Electronic 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.

Aces Electronic Co E10 Chart

Aces Electronic 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 2.29 2.35 2.04 1.86 2.15

Aces Electronic 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 1.86 1.98 2.08 2.13 2.15

TPE:3605 vs APH, GLW: E10 Comparison

For the Electronic Components subindustry, Aces Electronic 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.


Aces Electronic Co Shiller PE Ratio vs Hardware Industry

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

* The bar in red indicates where Aces Electronic Co's Shiller PE Ratio falls into.


TPE:3605
74GF Score
Aces Electronic Co Ltd TPE:3605
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aces Electronic 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, Aces Electronic 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)
=0.831/324.0540*324.0540
=0.831

Current CPI (Dec. 2025) = 324.0540.

Aces Electronic Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.029 238.132 0.039
201606 0.117 241.018 0.157
201609 0.605 241.428 0.812
201612 0.771 241.432 1.035
201703 -0.127 243.801 -0.169
201706 0.195 244.955 0.258
201709 0.586 246.819 0.769
201712 -0.059 246.524 -0.078
201803 -0.518 249.554 -0.673
201806 0.664 251.989 0.854
201809 1.142 252.439 1.466
201812 0.566 251.233 0.730
201903 0.283 254.202 0.361
201906 0.439 256.143 0.555
201909 1.211 256.759 1.528
201912 0.537 256.974 0.677
202003 -0.176 258.115 -0.221
202006 1.055 257.797 1.326
202009 0.928 260.280 1.155
202012 0.420 260.474 0.523
202103 1.217 264.877 1.489
202106 1.445 271.696 1.723
202109 1.039 274.310 1.227
202112 0.040 278.802 0.046
202203 1.108 287.504 1.249
202206 0.831 296.311 0.909
202209 0.752 296.808 0.821
202212 -1.217 296.797 -1.329
202303 -1.198 301.836 -1.286
202306 -0.336 305.109 -0.357
202309 0.238 307.789 0.251
202312 -0.673 306.746 -0.711
202403 0.020 312.332 0.021
202406 0.485 314.175 0.500
202409 0.802 315.301 0.824
202412 1.019 315.605 1.046
202503 1.207 319.799 1.223
202506 0.614 322.561 0.617
202509 1.336 324.800 1.333
202512 0.831 324.054 0.831

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$2.15 mean?
Aces Electronic Co (TPE:3605) has a E10 of NT$2.15 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Aces Electronic Co and its competitors.
Is Aces Electronic Co's E10 too high?
Aces Electronic Co's current E10 is NT$2.15. Overall, Aces Electronic Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aces Electronic Co's E10 compare to APH and GLW?
Aces Electronic Co's E10 of NT$2.15 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 Aces Electronic Co and its competitors. Aces Electronic Co's current E10 is NT$2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aces Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Aces Electronic Co (TPE:3605) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$56.14, compared to a current price of NT$91.20 — trading 62.5% above its estimated fair value. The current E10 is NT$2.15. Aces Electronic Co's overall GF Score™ is 74/100 with 10 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 Aces Electronic Co (TPE:3605), the current E10 is NT$2.15 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 Aces Electronic Co (TPE:3605) Overvalued in 2026?

Based on GuruFocus' analysis, Aces Electronic Co stock appears to be overvalued. The current stock price of NT$91.20 is trading 62.5% above its estimated GF Value™ of NT$56.14. GuruFocus considers Aces Electronic Co to be Significantly Overvalued.

Key valuation signals for TPE:3605:

  • E10: NT$2.15
  • GF Value™: NT$56.14 vs. price of NT$91.20 (62.5% above fair value)
  • GF Score™: 74/100 with 10 warning signs

No single metric tells the full story. See the TPE:3605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aces Electronic Co Business Description

Address No.13, Dongyuan Road, Jhongli District, Taoyuan, TWN, 32063
Aces Electronic Co Ltd is engaged in the electronic components business sector. It is mainly engaged in processing, manufacturing, and selling connectors, connector cable sets, metal stamping parts, and other electronic components. Its segments include Connectors which derives key revenue, Cables, Metal stamping, and others. Geographically, the majority of the company's revenue is generated from China and the rest from Taiwan, Philippines, the United States of America, and other countries.
74GF Score

Get the complete analysis for TPE:3605

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

NT$91.20
Price
NT$56.14
GF Value