Formosa Petrochemical (TPE:6505) E10: NT$4.78 (As of Dec. 2025)


TPE:6505 Formosa Petrochemical Corp TPE:6505
89 GF Score
Price NT$53.50
GF Value NT$57.54
Valuation Fairly Valued
! 3 Warning Signs
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What is Formosa Petrochemical E10?

Formosa Petrochemical TPE:6505 -4.29% 89 E10 is NT$4.78 as of Dec. 2025. GuruFocus rates TPE:6505 with a GF Score™ of 89/100 and a GF Value™ of NT$57.54 (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.

Formosa Petrochemical's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.537. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$4.78 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Formosa Petrochemical's average E10 Growth Rate was -8.30% per year. During the past 3 years, the average E10 Growth Rate was -2.10% per year. During the past 5 years, the average E10 Growth Rate was 3.10% 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 Formosa Petrochemical was 7.30% per year. The lowest was -2.10% per year. And the median was 3.70% per year.

As of today (2026-06-28), Formosa Petrochemical's current stock price is NT$53.50. Formosa Petrochemical's E10 for the quarter that ended in Dec. 2025 was NT$4.78. Formosa Petrochemical's Shiller PE Ratio of today is 11.19.

During the past 13 years, the highest Shiller PE Ratio of Formosa Petrochemical was 26.08. The lowest was 6.31. And the median was 16.56.


Formosa Petrochemical  (TPE:6505) 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.

Formosa Petrochemical's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=53.50/4.78
=11.19

* 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 Formosa Petrochemical was 26.08. The lowest was 6.31. And the median was 16.56.


Be Aware

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


Formosa Petrochemical E10 Related Terms


Formosa Petrochemical E10 Historical Data

* Premium members only.

The historical data trend for Formosa Petrochemical'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.

Formosa Petrochemical E10 Chart

Formosa Petrochemical 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 4.67 5.09 5.12 5.21 4.78

Formosa Petrochemical 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 5.21 5.30 4.92 4.92 4.78

TPE:6505 vs VLO, MPC, PSX: E10 Comparison

For the Oil & Gas Refining & Marketing subindustry, Formosa Petrochemical'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.


Formosa Petrochemical Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Formosa Petrochemical's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Formosa Petrochemical's Shiller PE Ratio falls into.


TPE:6505
89GF Score
Formosa Petrochemical Corp TPE:6505
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Formosa Petrochemical 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, Formosa Petrochemical'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)
=0.537/324.0540*324.0540
=0.537

Current CPI (Dec. 2025) = 324.0540.

Formosa Petrochemical Quarterly Data

per share eps CPI Adj_EPS
201603 1.097 238.132 1.493
201606 2.710 241.018 3.644
201609 1.750 241.428 2.349
201612 2.390 241.432 3.208
201703 2.370 243.801 3.150
201706 1.270 244.955 1.680
201709 2.340 246.819 3.072
201712 2.440 246.524 3.207
201803 1.920 249.554 2.493
201806 2.650 251.989 3.408
201809 2.170 252.439 2.786
201812 -0.432 251.233 -0.557
201903 0.969 254.202 1.235
201906 0.840 256.143 1.063
201909 1.310 256.759 1.653
201912 0.740 256.974 0.933
202003 -1.050 258.115 -1.318
202006 -0.910 257.797 -1.144
202009 1.670 260.280 2.079
202012 1.070 260.474 1.331
202103 1.879 264.877 2.299
202106 1.430 271.696 1.706
202109 1.080 274.310 1.276
202112 0.798 278.802 0.928
202203 1.430 287.504 1.612
202206 1.780 296.311 1.947
202209 -0.660 296.808 -0.721
202212 -1.040 296.797 -1.136
202303 0.466 301.836 0.500
202306 -0.130 305.109 -0.138
202309 1.810 307.789 1.906
202312 0.150 306.746 0.158
202403 0.530 312.332 0.550
202406 0.280 314.175 0.289
202409 -0.320 315.301 -0.329
202412 0.136 315.605 0.140
202503 0.390 319.799 0.395
202506 -0.790 322.561 -0.794
202509 0.900 324.800 0.898
202512 0.537 324.054 0.537

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$4.78 mean?
Formosa Petrochemical (TPE:6505) has a E10 of NT$4.78 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Formosa Petrochemical and its competitors.
Is Formosa Petrochemical's E10 too high?
Formosa Petrochemical's current E10 is NT$4.78. Overall, Formosa Petrochemical has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Formosa Petrochemical's E10 compare to VLO and MPC?
Formosa Petrochemical's E10 of NT$4.78 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good E10 depends on the Oil & Gas 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 Formosa Petrochemical and its competitors. Formosa Petrochemical's current E10 is NT$4.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Petrochemical stock overvalued right now?
Based on GuruFocus' analysis, Formosa Petrochemical (TPE:6505) is currently considered Fairly Valued. The stock's GF Value™ is NT$57.54, compared to a current price of NT$53.50 — trading 7% below its estimated fair value. The current E10 is NT$4.78. Formosa Petrochemical's overall GF Score™ is 89/100 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 Formosa Petrochemical (TPE:6505), the current E10 is NT$4.78 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 Formosa Petrochemical (TPE:6505) Overvalued in 2026?

Based on GuruFocus' analysis, Formosa Petrochemical stock appears to be undervalued. The current stock price of NT$53.50 is trading 7% below its estimated GF Value™ of NT$57.54. GuruFocus considers Formosa Petrochemical to be Fairly Valued.

Key valuation signals for TPE:6505:

  • E10: NT$4.78
  • GF Value™: NT$57.54 vs. price of NT$53.50 (7% below fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the TPE:6505 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formosa Petrochemical Business Description

Industry EnergyOil & Gas
Address No. 1-1, Formosa Plastics Industrial Park, Zhongxing Village, Mailiao Township, Yunlin County, Taipei, TWN, 638
Formosa Petrochemical Corp engages in the Operation of refinery of petroleum and integrated manufacture of hydrocarbon. The firm operates in two segments. The Petrochemical segment that derives majority revenue engages in producing and selling petroleum, and petrochemical products. The Public utility segment engages in producing and selling water, electricity, and steam. Its product offerings comprise gasoline, jet fuel, kerosene, fuel oil, asphalt, sulfur, lubricant, diesel, naphtha, and liquid petroleum gas.
89GF Score

Get the complete analysis for TPE:6505

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

NT$53.50
Price
NT$57.54
GF Value