Nuvoton Technology (TPE:4919) E10: NT$3.95 (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:4919 Nuvoton Technology Corp TPE:4919
68 GF Score
Price NT$159.50
GF Value NT$96.60
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Nuvoton Technology E10?

Nuvoton Technology TPE:4919 -2.45% 68 E10 is NT$3.95 as of Dec. 2025. GuruFocus rates TPE:4919 with a GF Score™ of 68/100 and a GF Value™ of NT$96.60 (Significantly Overvalued). 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.

Nuvoton Technology's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$-1.660. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$3.95 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Nuvoton Technology's average E10 Growth Rate was -12.40% per year. During the past 3 years, the average E10 Growth Rate was -0.30% per year. During the past 5 years, the average E10 Growth Rate was 10.80% 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 Nuvoton Technology was 22.40% per year. The lowest was -0.30% per year. And the median was 13.20% per year.

As of today (2026-07-14), Nuvoton Technology's current stock price is NT$159.50. Nuvoton Technology's E10 for the quarter that ended in Dec. 2025 was NT$3.95. Nuvoton Technology's Shiller PE Ratio of today is 40.38.

During the past 13 years, the highest Shiller PE Ratio of Nuvoton Technology was 60.62. The lowest was 10.46. And the median was 26.42.


Nuvoton Technology  (TPE:4919) 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.

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

Shiller PE Ratio=Share Price/E10
=159.50/3.95
=40.38

* 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 Nuvoton Technology was 60.62. The lowest was 10.46. And the median was 26.42.


Be Aware

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


Nuvoton Technology E10 Related Terms


Nuvoton Technology E10 Historical Data

* Premium members only.

The historical data trend for Nuvoton Technology'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.

Nuvoton Technology E10 Chart

Nuvoton Technology 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 3.13 3.98 4.53 4.51 3.95

Nuvoton Technology 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 4.51 4.56 4.35 4.16 3.95

TPE:4919 vs NVDA, AVGO, MU: E10 Comparison

For the Semiconductors subindustry, Nuvoton Technology'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.


Nuvoton Technology Shiller PE Ratio vs Semiconductors Industry

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

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


TPE:4919
68GF Score
Nuvoton Technology Corp TPE:4919
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuvoton Technology 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, Nuvoton Technology'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)
=-1.66/324.0540*324.0540
=-1.660

Current CPI (Dec. 2025) = 324.0540.

Nuvoton Technology Quarterly Data

per share eps CPI Adj_EPS
201603 0.358 238.132 0.487
201606 1.178 241.018 1.584
201609 0.650 241.428 0.872
201612 0.584 241.432 0.784
201703 0.415 243.801 0.552
201706 1.122 244.955 1.484
201709 0.924 246.819 1.213
201712 0.650 246.524 0.854
201803 0.452 249.554 0.587
201806 1.187 251.989 1.526
201809 0.908 252.439 1.166
201812 0.713 251.233 0.920
201903 0.146 254.202 0.186
201906 0.859 256.143 1.087
201909 0.820 256.759 1.035
201912 0.694 256.974 0.875
202003 0.040 258.115 0.050
202006 1.150 257.797 1.446
202009 0.370 260.280 0.461
202012 0.200 260.474 0.249
202103 0.650 264.877 0.795
202106 2.300 271.696 2.743
202109 1.530 274.310 1.807
202112 2.580 278.802 2.999
202203 2.860 287.504 3.224
202206 3.230 296.311 3.532
202209 2.240 296.808 2.446
202212 1.690 296.797 1.845
202303 1.590 301.836 1.707
202306 1.050 305.109 1.115
202309 1.420 307.789 1.495
202312 1.680 306.746 1.775
202403 0.970 312.332 1.006
202406 -0.050 314.175 -0.052
202409 -0.250 315.301 -0.257
202412 -0.150 315.605 -0.154
202503 0.520 319.799 0.527
202506 -1.610 322.561 -1.617
202509 -1.220 324.800 -1.217
202512 -1.660 324.054 -1.660

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$3.95 mean?
Nuvoton Technology (TPE:4919) has a E10 of NT$3.95 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nuvoton Technology and its competitors.
Is Nuvoton Technology's E10 too high?
Nuvoton Technology's current E10 is NT$3.95. Overall, Nuvoton Technology has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nuvoton Technology's E10 compare to NVDA and AVGO?
Nuvoton Technology's E10 of NT$3.95 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good E10 depends on the Semiconductors 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 Nuvoton Technology and its competitors. Nuvoton Technology's current E10 is NT$3.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuvoton Technology stock overvalued right now?
Based on GuruFocus' analysis, Nuvoton Technology (TPE:4919) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$96.60, compared to a current price of NT$159.50 — trading 65.1% above its estimated fair value. The current E10 is NT$3.95. Nuvoton Technology's overall GF Score™ is 68/100 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 Nuvoton Technology (TPE:4919), the current E10 is NT$3.95 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 Nuvoton Technology (TPE:4919) Overvalued in 2026?

Based on GuruFocus' analysis, Nuvoton Technology stock appears to be overvalued. The current stock price of NT$159.50 is trading 65.1% above its estimated GF Value™ of NT$96.60. GuruFocus considers Nuvoton Technology to be Significantly Overvalued.

Key valuation signals for TPE:4919:

  • E10: NT$3.95
  • GF Value™: NT$96.60 vs. price of NT$159.50 (65.1% above fair value)
  • GF Score™: 68/100 with 3 warning signs

No single metric tells the full story. See the TPE:4919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuvoton Technology Business Description

Address No. 4, Creation Road III, Hsinchu Science Park, Hsinchu, TWN, 300
Nuvoton Technology Corp is engaged mainly in the research, design, development, manufacture, and sale of logic integrated circuits (ICs) and the manufacturing, testing and OEM of 6-inch wafers.
68GF Score

Get the complete analysis for TPE:4919

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

NT$159.50
Price
NT$96.60
GF Value