BenQ Materials (TPE:8215) E10: NT$1.30 (As of Dec. 2025)


TPE:8215 BenQ Materials Corp TPE:8215
72 GF Score
Price NT$28.15
GF Value NT$33.81
Valuation Modestly Undervalued
! 11 Warning Signs
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What is BenQ Materials E10?

BenQ Materials TPE:8215 -4.74% 72 E10 is NT$1.30 as of Dec. 2025. GuruFocus rates TPE:8215 with a GF Score™ of 72/100 and a GF Value™ of NT$33.81 (Modestly Undervalued). The stock has 11 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.

BenQ Materials's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$-1.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.30 for the trailing ten years ended in Dec. 2025.

During the past 12 months, BenQ Materials's average E10 Growth Rate was -18.20% per year. During the past 3 years, the average E10 Growth Rate was -17.10% per year. During the past 5 years, the average E10 Growth Rate was 9.80% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of BenQ Materials was 51.90% per year. The lowest was -17.10% per year. And the median was 22.00% per year.

As of today (2026-06-29), BenQ Materials's current stock price is NT$28.15. BenQ Materials's E10 for the quarter that ended in Dec. 2025 was NT$1.30. BenQ Materials's Shiller PE Ratio of today is 21.65.

During the past 13 years, the highest Shiller PE Ratio of BenQ Materials was 43.33. The lowest was 12.42. And the median was 18.98.


BenQ Materials  (TPE:8215) 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.

BenQ Materials's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=28.15/1.30
=21.65

* 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 BenQ Materials was 43.33. The lowest was 12.42. And the median was 18.98.


Be Aware

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


BenQ Materials E10 Related Terms


BenQ Materials E10 Historical Data

* Premium members only.

The historical data trend for BenQ Materials'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.

BenQ Materials E10 Chart

BenQ Materials 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 1.35 2.28 1.91 1.59 1.30

BenQ Materials 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 1.59 1.53 1.49 1.42 1.30

TPE:8215 vs APH, GLW: E10 Comparison

For the Electronic Components subindustry, BenQ Materials'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.


BenQ Materials Shiller PE Ratio vs Hardware Industry

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

* The bar in red indicates where BenQ Materials's Shiller PE Ratio falls into.


TPE:8215
72GF Score
BenQ Materials Corp TPE:8215
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BenQ Materials 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, BenQ Materials'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)
=-1.02/324.0540*324.0540
=-1.020

Current CPI (Dec. 2025) = 324.0540.

BenQ Materials Quarterly Data

per share eps CPI Adj_EPS
201603 -0.240 238.132 -0.327
201606 -0.210 241.018 -0.282
201609 -1.030 241.428 -1.383
201612 0.170 241.432 0.228
201703 0.480 243.801 0.638
201706 0.230 244.955 0.304
201709 0.520 246.819 0.683
201712 0.390 246.524 0.513
201803 0.340 249.554 0.442
201806 0.080 251.989 0.103
201809 0.310 252.439 0.398
201812 0.280 251.233 0.361
201903 0.220 254.202 0.280
201906 0.270 256.143 0.342
201909 0.210 256.759 0.265
201912 0.100 256.974 0.126
202003 0.100 258.115 0.126
202006 0.240 257.797 0.302
202009 0.360 260.280 0.448
202012 0.530 260.474 0.659
202103 0.520 264.877 0.636
202106 0.850 271.696 1.014
202109 0.830 274.310 0.981
202112 0.800 278.802 0.930
202203 0.900 287.504 1.014
202206 0.810 296.311 0.886
202209 1.640 296.808 1.791
202212 0.640 296.797 0.699
202303 0.150 301.836 0.161
202306 0.450 305.109 0.478
202309 0.580 307.789 0.611
202312 0.100 306.746 0.106
202403 0.110 312.332 0.114
202406 0.230 314.175 0.237
202409 0.140 315.301 0.144
202412 0.140 315.605 0.144
202503 0.150 319.799 0.152
202506 0.010 322.561 0.010
202509 -0.280 324.800 -0.279
202512 -1.020 324.054 -1.020

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$1.30 mean?
BenQ Materials (TPE:8215) has a E10 of NT$1.30 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BenQ Materials and its competitors.
Is BenQ Materials' E10 too high?
BenQ Materials' current E10 is NT$1.30. Overall, BenQ Materials has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BenQ Materials' E10 compare to APH and GLW?
BenQ Materials' E10 of NT$1.30 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 BenQ Materials and its competitors. BenQ Materials's current E10 is NT$1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BenQ Materials stock overvalued right now?
Based on GuruFocus' analysis, BenQ Materials (TPE:8215) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$33.81, compared to a current price of NT$28.15 — trading 16.7% below its estimated fair value. The current E10 is NT$1.30. BenQ Materials' overall GF Score™ is 72/100 with 11 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 BenQ Materials (TPE:8215), the current E10 is NT$1.30 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 BenQ Materials (TPE:8215) Overvalued in 2026?

Based on GuruFocus' analysis, BenQ Materials stock appears to be undervalued. The current stock price of NT$28.15 is trading 16.7% below its estimated GF Value™ of NT$33.81. GuruFocus considers BenQ Materials to be Modestly Undervalued.

Key valuation signals for TPE:8215:

  • E10: NT$1.30
  • GF Value™: NT$33.81 vs. price of NT$28.15 (16.7% below fair value)
  • GF Score™: 72/100 with 11 warning signs

No single metric tells the full story. See the TPE:8215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BenQ Materials Business Description

Address 29 Jianguo East Road, Gueishan District, Taoyuan, TWN, 333403
BenQ Materials Corp is engaged in the manufacturing and sales of film sheet products and medical equipment. Its products include polarizer films; optical films for touch panels; E-paper, industrial tapes; and smart optical films, healthcare products, including hydrocolloid dressings for moist wound management and silicone gels. The company's segments include: The film sheet segment is mainly engaged in the sales, manufacturing and research, and development of various electronic chemical membrane products; and The medical segment is involved in the sales, manufacturing, and research and development of various medical-related products. Geographically, it operates in China, which derives maximum revenue; Taiwan; Japan; United States; and Others.
72GF Score

Get the complete analysis for TPE:8215

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

NT$28.15
Price
NT$33.81
GF Value