In Win Development (TPE:6117) E10: NT$0.39 (As of Dec. 2025)


TPE:6117 In Win Development Inc TPE:6117
70 GF Score
Price NT$72.40
GF Value NT$95.70
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is In Win Development E10?

In Win Development TPE:6117 70 E10 is NT$0.39 as of Dec. 2025. GuruFocus rates TPE:6117 with a GF Score™ of 70/100 and a GF Value™ of NT$95.70 (Modestly 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.

In Win Development's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$1.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.39 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 In Win Development was 25.40% per year. The lowest was -23.70% per year. And the median was -7.00% per year.

As of today (2026-07-13), In Win Development's current stock price is NT$72.40. In Win Development's E10 for the quarter that ended in Dec. 2025 was NT$0.39. In Win Development's Shiller PE Ratio of today is 185.64.

During the past 13 years, the highest Shiller PE Ratio of In Win Development was 550.67. The lowest was 178.72. And the median was 209.23.


In Win Development  (TPE:6117) 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.

In Win Development's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=72.40/0.39
=185.64

* 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 In Win Development was 550.67. The lowest was 178.72. And the median was 209.23.


Be Aware

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


In Win Development E10 Related Terms


In Win Development E10 Historical Data

* Premium members only.

The historical data trend for In Win Development'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.

In Win Development E10 Chart

In Win Development 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 -0.77 -0.70 -0.65 -0.32 0.39

In Win Development 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 -0.32 -0.19 -0.05 0.15 0.39

TPE:6117 vs SNDK, DELL, STX: E10 Comparison

For the Computer Hardware subindustry, In Win Development'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.


In Win Development Shiller PE Ratio vs Hardware Industry

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

* The bar in red indicates where In Win Development's Shiller PE Ratio falls into.


TPE:6117
70GF Score
In Win Development Inc TPE:6117
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

In Win Development 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, In Win Development'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)
=1.46/324.0540*324.0540
=1.460

Current CPI (Dec. 2025) = 324.0540.

In Win Development Quarterly Data

per share eps CPI Adj_EPS
201603 -0.470 238.132 -0.640
201606 -0.380 241.018 -0.511
201609 -0.110 241.428 -0.148
201612 -0.950 241.432 -1.275
201703 -0.830 243.801 -1.103
201706 -0.720 244.955 -0.952
201709 -0.290 246.819 -0.381
201712 5.030 246.524 6.612
201803 -0.500 249.554 -0.649
201806 -0.460 251.989 -0.592
201809 -0.390 252.439 -0.501
201812 -0.800 251.233 -1.032
201903 -0.860 254.202 -1.096
201906 -0.380 256.143 -0.481
201909 -0.250 256.759 -0.316
201912 -0.240 256.974 -0.303
202003 -0.110 258.115 -0.138
202006 -0.060 257.797 -0.075
202009 -0.150 260.280 -0.187
202012 -0.540 260.474 -0.672
202103 -0.320 264.877 -0.391
202106 -0.230 271.696 -0.274
202109 0.130 274.310 0.154
202112 -0.560 278.802 -0.651
202203 -0.250 287.504 -0.282
202206 0.200 296.311 0.219
202209 0.750 296.808 0.819
202212 -0.070 296.797 -0.076
202303 -0.490 301.836 -0.526
202306 -0.080 305.109 -0.085
202309 0.710 307.789 0.748
202312 0.890 306.746 0.940
202403 1.150 312.332 1.193
202406 1.020 314.175 1.052
202409 0.820 315.301 0.843
202412 1.040 315.605 1.068
202503 0.480 319.799 0.486
202506 0.350 322.561 0.352
202509 1.270 324.800 1.267
202512 1.460 324.054 1.460

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$0.39 mean?
In Win Development (TPE:6117) has a E10 of NT$0.39 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on In Win Development and its competitors.
Is In Win Development's E10 too high?
In Win Development's current E10 is NT$0.39. Overall, In Win Development has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does In Win Development's E10 compare to SNDK and DELL?
In Win Development's E10 of NT$0.39 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 In Win Development and its competitors. In Win Development's current E10 is NT$0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is In Win Development stock overvalued right now?
Based on GuruFocus' analysis, In Win Development (TPE:6117) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$95.70, compared to a current price of NT$72.40 — trading 24.3% below its estimated fair value. The current E10 is NT$0.39. In Win Development's overall GF Score™ is 70/100 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 In Win Development (TPE:6117), the current E10 is NT$0.39 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 In Win Development (TPE:6117) Overvalued in 2026?

Based on GuruFocus' analysis, In Win Development stock appears to be undervalued. The current stock price of NT$72.40 is trading 24.3% below its estimated GF Value™ of NT$95.70. GuruFocus considers In Win Development to be Modestly Undervalued.

Key valuation signals for TPE:6117:

  • E10: NT$0.39
  • GF Value™: NT$95.70 vs. price of NT$72.40 (24.3% below fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the TPE:6117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


In Win Development Business Description

Address No. 57, Lane 350, Nan Shang Road, Guishan District, Taoyuan, TWN
In Win Development Inc is engaged in the processing, manufacturing, and trading of computer and peripheral equipment, plastic products, etc., and the manufacturing, baking, and trading of mechanical hardware parts. Its products include Gaming Chassis, Computer Chassis, Gaming Power Supply, PC Power Supply, IPC/Server, iBuildiShare, and Cooling. Geographically, it operates in Europe, the USA, Japan, Taiwan, and Other countries, with the majority of the revenue deriving from Taiwan.
70GF Score

Get the complete analysis for TPE:6117

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

NT$72.40
Price
NT$95.70
GF Value