Shining Building Business Co (TPE:5531) E10: NT$-0.09 (As of Dec. 2025)


TPE:5531 Shining Building Business Co Ltd TPE:5531
41 GF Score
Price NT$7.95
GF Value NT$3.07
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Shining Building Business Co E10?

Shining Building Business Co TPE:5531 +0.51% 41 E10 is NT$-0.09 as of Dec. 2025. GuruFocus rates TPE:5531 with a GF Score™ of 41/100 and a GF Value™ of NT$3.07 (Significantly Overvalued). The stock has 9 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.

Shining Building Business Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$-0.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-0.09 for the trailing ten years ended in Dec. 2025.

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 Shining Building Business Co was -8.50% per year. The lowest was -48.80% per year. And the median was -18.90% per year.

As of today (2026-07-09), Shining Building Business Co's current stock price is NT$7.95. Shining Building Business Co's E10 for the quarter that ended in Dec. 2025 was NT$-0.09. Shining Building Business Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Shining Building Business Co was 130.00. The lowest was 7.62. And the median was 13.41.


Shining Building Business Co  (TPE:5531) 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.

During the past 13 years, the highest Shiller P/E Ratio of Shining Building Business Co was 130.00. The lowest was 7.62. And the median was 13.41.


Be Aware

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


Shining Building Business Co E10 Related Terms


Shining Building Business Co E10 Historical Data

* Premium members only.

The historical data trend for Shining Building Business 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.

Shining Building Business Co E10 Chart

Shining Building Business 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 0.85 0.55 0.13 -0.03 -0.09

Shining Building Business 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 -0.03 -0.05 -0.05 -0.02 -0.09

TPE:5531 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Shining Building Business 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.


Shining Building Business Co Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Shining Building Business Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shining Building Business Co's Shiller PE Ratio falls into.


TPE:5531
41GF Score
Shining Building Business Co Ltd TPE:5531
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shining Building Business 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, Shining Building Business 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)
=-0.15/324.0540*324.0540
=-0.150

Current CPI (Dec. 2025) = 324.0540.

Shining Building Business Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.242 238.132 0.329
201606 -0.341 241.018 -0.458
201609 0.009 241.428 0.012
201612 0.622 241.432 0.835
201703 -0.113 243.801 -0.150
201706 -0.104 244.955 -0.138
201709 0.109 246.819 0.143
201712 0.743 246.524 0.977
201803 0.089 249.554 0.116
201806 -0.020 251.989 -0.026
201809 0.140 252.439 0.180
201812 -0.040 251.233 -0.052
201903 -0.120 254.202 -0.153
201906 -0.510 256.143 -0.645
201909 -0.280 256.759 -0.353
201912 0.970 256.974 1.223
202003 -0.310 258.115 -0.389
202006 -0.140 257.797 -0.176
202009 -0.120 260.280 -0.149
202012 0.740 260.474 0.921
202103 -0.330 264.877 -0.404
202106 -0.200 271.696 -0.239
202109 -0.200 274.310 -0.236
202112 0.060 278.802 0.070
202203 -0.280 287.504 -0.316
202206 -0.410 296.311 -0.448
202209 -0.470 296.808 -0.513
202212 -0.250 296.797 -0.273
202303 0.340 301.836 0.365
202306 -0.340 305.109 -0.361
202309 -0.160 307.789 -0.168
202312 -0.040 306.746 -0.042
202403 -0.310 312.332 -0.322
202406 -0.440 314.175 -0.454
202409 0.250 315.301 0.257
202412 0.380 315.605 0.390
202503 -0.270 319.799 -0.274
202506 -0.240 322.561 -0.241
202509 0.380 324.800 0.379
202512 -0.150 324.054 -0.150

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$-0.09 mean?
Shining Building Business Co (TPE:5531) has a E10 of NT$-0.09 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shining Building Business Co and its competitors.
Is Shining Building Business Co's E10 too high?
Shining Building Business Co's current E10 is NT$-0.09. Overall, Shining Building Business Co has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shining Building Business Co's E10 compare to PWR and FIX?
Shining Building Business Co's E10 of NT$-0.09 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Shining Building Business Co and its competitors. Shining Building Business Co's current E10 is NT$-0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shining Building Business Co stock overvalued right now?
Based on GuruFocus' analysis, Shining Building Business Co (TPE:5531) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$3.07, compared to a current price of NT$7.95 — trading 159% above its estimated fair value. The current E10 is NT$-0.09. Shining Building Business Co's overall GF Score™ is 41/100 with 9 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 Shining Building Business Co (TPE:5531), the current E10 is NT$-0.09 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 Shining Building Business Co (TPE:5531) Overvalued in 2026?

Based on GuruFocus' analysis, Shining Building Business Co stock appears to be overvalued. The current stock price of NT$7.95 is trading 159% above its estimated GF Value™ of NT$3.07. GuruFocus considers Shining Building Business Co to be Significantly Overvalued.

Key valuation signals for TPE:5531:

  • E10: NT$-0.09
  • GF Value™: NT$3.07 vs. price of NT$7.95 (159% above fair value)
  • GF Score™: 41/100 with 9 warning signs

No single metric tells the full story. See the TPE:5531 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shining Building Business Co Business Description

Address No. 408, Sec. 2,Taiwan Boulevard, West District, Taichung City, TWN
Shining Building Business Co Ltd is engaged in the business of entrusting construction firms to build commercial buildings, and rent and sell public housing. The company operates through three business segments. i) Building unit: It is engaged in the business of building commercial buildings and renting and selling public housing. ii) Construction unit: It is engaged in construction and civil engineering, and iii) Other units: It is mainly engaged in hotel construction and real estate development and general investment. The majority of revenue is derived from the Building unit.
41GF Score

Get the complete analysis for TPE:5531

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

NT$7.95
Price
NT$3.07
GF Value