Global Brands Manufacture (TPE:6191) E10: NT$4.34 (As of Dec. 2025)


TPE:6191 Global Brands Manufacture Ltd TPE:6191
86 GF Score
Price NT$100.50
GF Value NT$97.38
Valuation Fairly Valued
! 4 Warning Signs
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What is Global Brands Manufacture E10?

Global Brands Manufacture TPE:6191 +1.21% 86 E10 is NT$4.34 as of Dec. 2025. GuruFocus rates TPE:6191 with a GF Score™ of 86/100 and a GF Value™ of NT$97.38 (Fairly Valued). The stock has 4 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.

Global Brands Manufacture's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$1.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$4.34 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Global Brands Manufacture's average E10 Growth Rate was 24.00% per year. During the past 3 years, the average E10 Growth Rate was 29.00% per year. During the past 5 years, the average E10 Growth Rate was 34.60% 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 Global Brands Manufacture was 42.40% per year. The lowest was 29.00% per year. And the median was 35.60% per year.

As of today (2026-06-28), Global Brands Manufacture's current stock price is NT$100.50. Global Brands Manufacture's E10 for the quarter that ended in Dec. 2025 was NT$4.34. Global Brands Manufacture's Shiller PE Ratio of today is 23.16.

During the past 13 years, the highest Shiller PE Ratio of Global Brands Manufacture was 36.73. The lowest was 13.03. And the median was 22.83.


Global Brands Manufacture  (TPE:6191) 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.

Global Brands Manufacture's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=100.50/4.34
=23.16

* 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 Global Brands Manufacture was 36.73. The lowest was 13.03. And the median was 22.83.


Be Aware

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


Global Brands Manufacture E10 Related Terms


Global Brands Manufacture E10 Historical Data

* Premium members only.

The historical data trend for Global Brands Manufacture'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.

Global Brands Manufacture E10 Chart

Global Brands Manufacture 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 1.44 2.02 2.86 3.50 4.34

Global Brands Manufacture 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 3.50 3.77 3.92 4.14 4.34

TPE:6191 vs APH, GLW, TEL: E10 Comparison

For the Electronic Components subindustry, Global Brands Manufacture'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.


Global Brands Manufacture Shiller PE Ratio vs Hardware Industry

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

* The bar in red indicates where Global Brands Manufacture's Shiller PE Ratio falls into.


TPE:6191
86GF Score
Global Brands Manufacture Ltd TPE:6191
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Brands Manufacture 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, Global Brands Manufacture'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)
=1.53/324.0540*324.0540
=1.530

Current CPI (Dec. 2025) = 324.0540.

Global Brands Manufacture Quarterly Data

per share eps CPI Adj_EPS
201603 0.129 238.132 0.176
201606 0.140 241.018 0.188
201609 0.388 241.428 0.521
201612 0.464 241.432 0.623
201703 -0.054 243.801 -0.072
201706 0.129 244.955 0.171
201709 0.367 246.819 0.482
201712 0.421 246.524 0.553
201803 0.194 249.554 0.252
201806 0.216 251.989 0.278
201809 0.464 252.439 0.596
201812 0.313 251.233 0.404
201903 0.388 254.202 0.495
201906 0.356 256.143 0.450
201909 0.852 256.759 1.075
201912 0.572 256.974 0.721
202003 0.216 258.115 0.271
202006 0.917 257.797 1.153
202009 1.295 260.280 1.612
202012 0.957 260.474 1.191
202103 1.310 264.877 1.603
202106 1.241 271.696 1.480
202109 1.826 274.310 2.157
202112 1.380 278.802 1.604
202203 1.409 287.504 1.588
202206 1.181 296.311 1.292
202209 1.529 296.808 1.669
202212 1.072 296.797 1.170
202303 1.251 301.836 1.343
202306 1.380 305.109 1.466
202309 2.541 307.789 2.675
202312 1.489 306.746 1.573
202403 1.221 312.332 1.267
202406 1.806 314.175 1.863
202409 1.900 315.301 1.953
202412 1.040 315.605 1.068
202503 1.558 319.799 1.579
202506 1.469 322.561 1.476
202509 1.960 324.800 1.955
202512 1.530 324.054 1.530

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$4.34 mean?
Global Brands Manufacture (TPE:6191) has a E10 of NT$4.34 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Global Brands Manufacture and its competitors.
Is Global Brands Manufacture's E10 too high?
Global Brands Manufacture's current E10 is NT$4.34. Overall, Global Brands Manufacture has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Brands Manufacture's E10 compare to APH and GLW?
Global Brands Manufacture's E10 of NT$4.34 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 Global Brands Manufacture and its competitors. Global Brands Manufacture's current E10 is NT$4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Brands Manufacture stock overvalued right now?
Based on GuruFocus' analysis, Global Brands Manufacture (TPE:6191) is currently considered Fairly Valued. The stock's GF Value™ is NT$97.38, compared to a current price of NT$100.50 — trading 3.2% above its estimated fair value. The current E10 is NT$4.34. Global Brands Manufacture's overall GF Score™ is 86/100 with 4 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 Global Brands Manufacture (TPE:6191), the current E10 is NT$4.34 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 Global Brands Manufacture (TPE:6191) Overvalued in 2026?

Based on GuruFocus' analysis, Global Brands Manufacture stock appears to be overvalued. The current stock price of NT$100.50 is trading 3.2% above its estimated GF Value™ of NT$97.38. GuruFocus considers Global Brands Manufacture to be Fairly Valued.

Key valuation signals for TPE:6191:

  • E10: NT$4.34
  • GF Value™: NT$97.38 vs. price of NT$100.50 (3.2% above fair value)
  • GF Score™: 86/100 with 4 warning signs

No single metric tells the full story. See the TPE:6191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Brands Manufacture Business Description

Address No. 48-3, Minquan Road, 4th Floor, Xindian District, New Taipei, TWN, 231023
Global Brands Manufacture Ltd is mainly engaged in the manufacturer specializing in Printed Circuit Boards (PCB) and Electronic Manufacturing Services (EMS). The company serves a diverse range of markets, including information, communication, automobile, and consumer electronics. Its geographical segments are Asia, America, and Europe, of which the majority of its revenue comes from Asia.
86GF Score

Get the complete analysis for TPE:6191

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

NT$100.50
Price
NT$97.38
GF Value