The Shanghai Commercial andvings Bank (TPE:5876) E10: NT$3.64 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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:5876 The Shanghai Commercial and Savings Bank TPE:5876
74 GF Score
Price NT$44.60
GF Value NT$46.60
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is The Shanghai Commercial andvings Bank E10?

The Shanghai Commercial andvings Bank TPE:5876 -0.22% 74 E10 is NT$3.64 as of Dec. 2025. GuruFocus rates TPE:5876 with a GF Score™ of 74/100 and a GF Value™ of NT$46.60 (Fairly Valued). The stock has 2 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.

The Shanghai Commercial andvings Bank's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$3.64 for the trailing ten years ended in Dec. 2025.

During the past 12 months, The Shanghai Commercial andvings Bank's average E10 Growth Rate was 0.80% 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.

As of today (2026-07-16), The Shanghai Commercial andvings Bank's current stock price is NT$44.60. The Shanghai Commercial andvings Bank's E10 for the quarter that ended in Dec. 2025 was NT$3.64. The Shanghai Commercial andvings Bank's Shiller PE Ratio of today is 12.25.

During the past 13 years, the highest Shiller PE Ratio of The Shanghai Commercial andvings Bank was 13.02. The lowest was 10.37. And the median was 11.19.


The Shanghai Commercial andvings Bank  (TPE:5876) 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.

The Shanghai Commercial andvings Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=44.60/3.64
=12.25

* 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 The Shanghai Commercial andvings Bank was 13.02. The lowest was 10.37. And the median was 11.19.


Be Aware

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


The Shanghai Commercial andvings Bank E10 Related Terms


The Shanghai Commercial andvings Bank E10 Historical Data

* Premium members only.

The historical data trend for The Shanghai Commercial andvings Bank'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.

The Shanghai Commercial andvings Bank E10 Chart

The Shanghai Commercial andvings Bank 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 3.61 3.64

The Shanghai Commercial andvings Bank 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 3.61 3.67 3.67 3.70 3.64

The Shanghai Commercial andvings Bank E10 Competitor Comparison

For the Banks - Regional subindustry, The Shanghai Commercial andvings Bank'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.


The Shanghai Commercial andvings Bank Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, The Shanghai Commercial andvings Bank's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where The Shanghai Commercial andvings Bank's Shiller PE Ratio falls into.


TPE:5876
74GF Score
The Shanghai Commercial and Savings Bank TPE:5876
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Shanghai Commercial andvings Bank 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, The Shanghai Commercial andvings Bank'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)
=0.5/324.0540*324.0540
=0.500

Current CPI (Dec. 2025) = 324.0540.

The Shanghai Commercial andvings Bank Quarterly Data

per share eps CPI Adj_EPS
201506 0.000 238.638 0.000
201512 0.000 236.525 0.000
201606 0.000 241.018 0.000
201612 0.000 241.432 0.000
201703 0.647 243.801 0.860
201706 0.831 244.955 1.099
201709 0.734 246.819 0.964
201712 0.725 246.524 0.953
201803 0.696 249.554 0.904
201806 0.879 251.989 1.130
201809 0.869 252.439 1.116
201812 0.849 251.233 1.095
201903 0.869 254.202 1.108
201906 0.958 256.143 1.212
201909 0.898 256.759 1.133
201912 0.731 256.974 0.922
202003 0.800 258.115 1.004
202006 0.691 257.797 0.869
202009 0.780 260.280 0.971
202012 0.691 260.474 0.860
202103 0.819 264.877 1.002
202106 0.790 271.696 0.942
202109 0.790 274.310 0.933
202112 0.781 278.802 0.908
202203 0.810 287.504 0.913
202206 0.810 296.311 0.886
202209 1.280 296.808 1.397
202212 0.420 296.797 0.459
202303 0.880 301.836 0.945
202306 1.130 305.109 1.200
202309 1.010 307.789 1.063
202312 -0.010 306.746 -0.011
202403 0.890 312.332 0.923
202406 0.310 314.175 0.320
202409 0.970 315.301 0.997
202412 0.600 315.605 0.616
202503 0.960 319.799 0.973
202506 0.650 322.561 0.653
202509 0.950 324.800 0.948
202512 0.500 324.054 0.500

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$3.64 mean?
The Shanghai Commercial andvings Bank (TPE:5876) has a E10 of NT$3.64 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on The Shanghai Commercial andvings Bank and its competitors.
Is The Shanghai Commercial andvings Bank's E10 too high?
The Shanghai Commercial andvings Bank's current E10 is NT$3.64. Overall, The Shanghai Commercial andvings Bank has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Shanghai Commercial andvings Bank's E10 compare to competitors?
The Shanghai Commercial andvings Bank's E10 of NT$3.64 can be compared against companies in the Banks 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 Banks company?
A good E10 depends on the Banks 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 The Shanghai Commercial andvings Bank and its competitors. The Shanghai Commercial andvings Bank's current E10 is NT$3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Shanghai Commercial andvings Bank stock overvalued right now?
Based on GuruFocus' analysis, The Shanghai Commercial andvings Bank (TPE:5876) is currently considered Fairly Valued. The stock's GF Value™ is NT$46.60, compared to a current price of NT$44.60 — trading 4.3% below its estimated fair value. The current E10 is NT$3.64. The Shanghai Commercial andvings Bank's overall GF Score™ is 74/100 with 2 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 The Shanghai Commercial andvings Bank (TPE:5876), the current E10 is NT$3.64 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 The Shanghai Commercial andvings Bank (TPE:5876) Overvalued in 2026?

Based on GuruFocus' analysis, The Shanghai Commercial andvings Bank stock appears to be undervalued. The current stock price of NT$44.60 is trading 4.3% below its estimated GF Value™ of NT$46.60. GuruFocus considers The Shanghai Commercial andvings Bank to be Fairly Valued.

Key valuation signals for TPE:5876:

  • E10: NT$3.64
  • GF Value™: NT$46.60 vs. price of NT$44.60 (4.3% below fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the TPE:5876 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Shanghai Commercial andvings Bank Business Description

Address Minquan East Road, Section 1, No. 2, Zhongshan District, Taipei, TWN
The Shanghai Commercial and Savings Bank provides commercial banking services. The group's objective is to serve society, to support industry, and to promote international trade. Its products and services offerings include current accounts, savings accounts, term deposits, recurring deposits, online banking, loans and overdraft facilities, foreign exchange, and securities trading services, among others. Its geographical segment includes Taiwan, Hong Kong, and others. Maximum revenue is generated from its business in Taiwan.
74GF Score

Get the complete analysis for TPE:5876

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

NT$44.60
Price
NT$46.60
GF Value