Hannstar Board (TPE:5469) E10: NT$6.07 (As of Dec. 2025)


TPE:5469 Hannstar Board Corp TPE:5469
77 GF Score
Price NT$87.40
GF Value NT$85.77
Valuation Fairly Valued
! 3 Warning Signs
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What is Hannstar Board E10?

Hannstar Board TPE:5469 +1.51% 77 E10 is NT$6.07 as of Dec. 2025. GuruFocus rates TPE:5469 with a GF Score™ of 77/100 and a GF Value™ of NT$85.77 (Fairly Valued). 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.

Hannstar Board's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$1.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$6.07 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Hannstar Board's average E10 Growth Rate was 11.60% per year. During the past 3 years, the average E10 Growth Rate was 12.10% per year. During the past 5 years, the average E10 Growth Rate was 16.90% 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 Hannstar Board was 30.50% per year. The lowest was 12.10% per year. And the median was 22.20% per year.

As of today (2026-06-29), Hannstar Board's current stock price is NT$87.40. Hannstar Board's E10 for the quarter that ended in Dec. 2025 was NT$6.07. Hannstar Board's Shiller PE Ratio of today is 14.40.

During the past 13 years, the highest Shiller PE Ratio of Hannstar Board was 25.05. The lowest was 7.27. And the median was 13.63.


Hannstar Board  (TPE:5469) 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.

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

Shiller PE Ratio=Share Price/E10
=87.40/6.07
=14.40

* 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 Hannstar Board was 25.05. The lowest was 7.27. And the median was 13.63.


Be Aware

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


Hannstar Board E10 Related Terms


Hannstar Board E10 Historical Data

* Premium members only.

The historical data trend for Hannstar Board'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.

Hannstar Board E10 Chart

Hannstar Board 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 3.56 4.31 4.93 5.44 6.07

Hannstar Board 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 5.44 5.67 5.81 5.99 6.07

TPE:5469 vs APH, GLW: E10 Comparison

For the Electronic Components subindustry, Hannstar Board'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.


Hannstar Board Shiller PE Ratio vs Hardware Industry

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

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


TPE:5469
77GF Score
Hannstar Board Corp TPE:5469
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hannstar Board 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, Hannstar Board'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)
=1.11/324.0540*324.0540
=1.110

Current CPI (Dec. 2025) = 324.0540.

Hannstar Board Quarterly Data

per share eps CPI Adj_EPS
201603 0.064 238.132 0.087
201606 0.382 241.018 0.514
201609 0.965 241.428 1.295
201612 0.806 241.432 1.082
201703 0.297 243.801 0.395
201706 0.138 244.955 0.183
201709 0.764 246.819 1.003
201712 0.806 246.524 1.059
201803 0.329 249.554 0.427
201806 0.626 251.989 0.805
201809 1.969 252.439 2.528
201812 0.811 251.233 1.046
201903 0.800 254.202 1.020
201906 1.196 256.143 1.513
201909 3.207 256.759 4.048
201912 1.348 256.974 1.700
202003 0.446 258.115 0.560
202006 1.826 257.797 2.295
202009 2.543 260.280 3.166
202012 1.783 260.474 2.218
202103 1.598 264.877 1.955
202106 1.511 271.696 1.802
202109 2.891 274.310 3.415
202112 1.641 278.802 1.907
202203 1.391 287.504 1.568
202206 1.457 296.311 1.593
202209 2.783 296.808 3.038
202212 0.935 296.797 1.021
202303 1.239 301.836 1.330
202306 1.641 305.109 1.743
202309 2.120 307.789 2.232
202312 0.061 306.746 0.064
202403 0.990 312.332 1.027
202406 1.760 314.175 1.815
202409 1.560 315.301 1.603
202412 1.590 315.605 1.633
202503 1.520 319.799 1.540
202506 1.150 322.561 1.155
202509 2.250 324.800 2.245
202512 1.110 324.054 1.110

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$6.07 mean?
Hannstar Board (TPE:5469) has a E10 of NT$6.07 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hannstar Board and its competitors.
Is Hannstar Board's E10 too high?
Hannstar Board's current E10 is NT$6.07. Overall, Hannstar Board has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hannstar Board's E10 compare to APH and GLW?
Hannstar Board's E10 of NT$6.07 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 Hannstar Board and its competitors. Hannstar Board's current E10 is NT$6.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hannstar Board stock overvalued right now?
Based on GuruFocus' analysis, Hannstar Board (TPE:5469) is currently considered Fairly Valued. The stock's GF Value™ is NT$85.77, compared to a current price of NT$87.40 — trading 1.9% above its estimated fair value. The current E10 is NT$6.07. Hannstar Board's overall GF Score™ is 77/100 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 Hannstar Board (TPE:5469), the current E10 is NT$6.07 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 Hannstar Board (TPE:5469) Overvalued in 2026?

Based on GuruFocus' analysis, Hannstar Board stock appears to be overvalued. The current stock price of NT$87.40 is trading 1.9% above its estimated GF Value™ of NT$85.77. GuruFocus considers Hannstar Board to be Fairly Valued.

Key valuation signals for TPE:5469:

  • E10: NT$6.07
  • GF Value™: NT$85.77 vs. price of NT$87.40 (1.9% above fair value)
  • GF Score™: 77/100 with 3 warning signs

No single metric tells the full story. See the TPE:5469 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hannstar Board Business Description

Address No. 9, Industrial 4th Road, Guanyin District, Taoyuan, TWN, 32853
Hannstar Board Corp engages in the manufacturing and sale of printed circuit boards. The company produces a wide range of multi-layer printed circuit boards, from double-layered boards. The product types include specially printed circuit boards such as games, TV, PC, Networking, Automotive, LCD, STB, and others.
77GF Score

Get the complete analysis for TPE:5469

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

NT$87.40
Price
NT$85.77
GF Value