Quang Viet Enterprise Co (TPE:4438) E10: NT$7.42 (As of Dec. 2025)

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:4438 Quang Viet Enterprise Co Ltd TPE:4438
73 GF Score
Price NT$61.00
GF Value NT$118.92
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Quang Viet Enterprise Co E10?

Quang Viet Enterprise Co TPE:4438 -0.81% 73 E10 is NT$7.42 as of Dec. 2025. GuruFocus rates TPE:4438 with a GF Score™ of 73/100 and a GF Value™ of NT$118.92 (Significantly Undervalued). The stock has 5 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.

Quang Viet Enterprise Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$-0.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$7.42 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Quang Viet Enterprise Co's average E10 Growth Rate was -10.70% 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.

As of today (2026-07-14), Quang Viet Enterprise Co's current stock price is NT$61.00. Quang Viet Enterprise Co's E10 for the quarter that ended in Dec. 2025 was NT$7.42. Quang Viet Enterprise Co's Shiller PE Ratio of today is 8.22.

During the past 13 years, the highest Shiller PE Ratio of Quang Viet Enterprise Co was 13.85. The lowest was 7.51. And the median was 10.33.


Quang Viet Enterprise Co  (TPE:4438) 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.

Quang Viet Enterprise Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=61.00/7.42
=8.22

* 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 Quang Viet Enterprise Co was 13.85. The lowest was 7.51. And the median was 10.33.


Be Aware

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


Quang Viet Enterprise Co E10 Related Terms


Quang Viet Enterprise Co E10 Historical Data

* Premium members only.

The historical data trend for Quang Viet Enterprise 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.

Quang Viet Enterprise Co E10 Chart

Quang Viet Enterprise 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 0.00 0.00 0.00 8.31 7.42

Quang Viet Enterprise 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 8.31 8.41 8.14 7.56 7.42

TPE:4438 vs RL, LEVI, VFC: E10 Comparison

For the Apparel Manufacturing subindustry, Quang Viet Enterprise 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.


Quang Viet Enterprise Co Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Quang Viet Enterprise Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Quang Viet Enterprise Co's Shiller PE Ratio falls into.


TPE:4438
73GF Score
Quang Viet Enterprise Co Ltd TPE:4438
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quang Viet Enterprise 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, Quang Viet Enterprise 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)
=-0.39/324.0540*324.0540
=-0.390

Current CPI (Dec. 2025) = 324.0540.

Quang Viet Enterprise Co Quarterly Data

per share eps CPI Adj_EPS
201603 -0.942 238.132 -1.282
201606 1.804 241.018 2.426
201609 6.552 241.428 8.794
201612 -0.069 241.432 -0.093
201703 -1.715 243.801 -2.280
201706 1.398 244.955 1.849
201709 5.630 246.819 7.392
201712 -0.287 246.524 -0.377
201803 -1.209 249.554 -1.570
201806 2.458 251.989 3.161
201809 5.918 252.439 7.597
201812 0.188 251.233 0.242
201903 -0.515 254.202 -0.657
201906 3.568 256.143 4.514
201909 6.443 256.759 8.132
201912 0.020 256.974 0.025
202003 -0.525 258.115 -0.659
202006 2.171 257.797 2.729
202009 2.498 260.280 3.110
202012 0.644 260.474 0.801
202103 -1.041 264.877 -1.274
202106 2.835 271.696 3.381
202109 2.538 274.310 2.998
202112 1.199 278.802 1.394
202203 0.099 287.504 0.112
202206 2.954 296.311 3.231
202209 8.069 296.808 8.810
202212 -0.882 296.797 -0.963
202303 -0.446 301.836 -0.479
202306 2.270 305.109 2.411
202309 5.650 307.789 5.949
202312 -1.199 306.746 -1.267
202403 -1.110 312.332 -1.152
202406 1.893 314.175 1.953
202409 3.430 315.301 3.525
202412 -0.840 315.605 -0.862
202503 -1.249 319.799 -1.266
202506 -0.337 322.561 -0.339
202509 4.540 324.800 4.530
202512 -0.390 324.054 -0.390

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$7.42 mean?
Quang Viet Enterprise Co (TPE:4438) has a E10 of NT$7.42 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Quang Viet Enterprise Co and its competitors.
Is Quang Viet Enterprise Co's E10 too high?
Quang Viet Enterprise Co's current E10 is NT$7.42. Overall, Quang Viet Enterprise Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quang Viet Enterprise Co's E10 compare to RL and LEVI?
Quang Viet Enterprise Co's E10 of NT$7.42 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Quang Viet Enterprise Co and its competitors. Quang Viet Enterprise Co's current E10 is NT$7.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quang Viet Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Quang Viet Enterprise Co (TPE:4438) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$118.92, compared to a current price of NT$61.00 — trading 48.7% below its estimated fair value. The current E10 is NT$7.42. Quang Viet Enterprise Co's overall GF Score™ is 73/100 with 5 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 Quang Viet Enterprise Co (TPE:4438), the current E10 is NT$7.42 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 Quang Viet Enterprise Co (TPE:4438) Overvalued in 2026?

Based on GuruFocus' analysis, Quang Viet Enterprise Co stock appears to be undervalued. The current stock price of NT$61.00 is trading 48.7% below its estimated GF Value™ of NT$118.92. GuruFocus considers Quang Viet Enterprise Co to be Significantly Undervalued.

Key valuation signals for TPE:4438:

  • E10: NT$7.42
  • GF Value™: NT$118.92 vs. price of NT$61.00 (48.7% below fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the TPE:4438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quang Viet Enterprise Co Business Description

Address No. 607, Ruiguang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Quang Viet Enterprise Co Ltd is mainly engaged in the manufacturing, processing, and sale of garments, raw materials such as feather and down, and medical products. Its products include Down Jackets, Fiberfill Jackets, Light Jackets and Parka, Knitwear, and others. The Group operates through three reportable segments: Garment Business, which generates the maximum revenue, Down Feather Business, and Medical Business. The Company operates in North America, which generates the maximum revenue, Mainland China, Europe, Japan, and other regions.
73GF Score

Get the complete analysis for TPE:4438

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

NT$61.00
Price
NT$118.92
GF Value