Kaori Heat Treatment Co (TPE:8996) E10: NT$4.79 (As of Jun. 2026)

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TPE:8996 Kaori Heat Treatment Co Ltd TPE:8996
91 GF Score
Price NT$1,215.00
GF Value NT$903.51
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Kaori Heat Treatment Co E10?

Kaori Heat Treatment Co TPE:8996 +6.11% 91 E10 is NT$4.79 as of Jun. 2026. GuruFocus rates TPE:8996 with a GF Score™ of 91/100 and a GF Value™ of NT$903.51 (Significantly Overvalued). 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.

Kaori Heat Treatment Co's adjusted earnings per share data for the three months ended in Jun. 2026 was NT$2.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$4.79 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Kaori Heat Treatment Co's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 18.70% per year. During the past 5 years, the average E10 Growth Rate was 15.40% 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 Kaori Heat Treatment Co was 18.70% per year. The lowest was 8.40% per year. And the median was 14.60% per year.

As of today (2026-08-25), Kaori Heat Treatment Co's current stock price is NT$1215.00. Kaori Heat Treatment Co's E10 for the quarter that ended in Jun. 2026 was NT$4.79. Kaori Heat Treatment Co's Shiller PE Ratio of today is 253.65.

During the past 13 years, the highest Shiller PE Ratio of Kaori Heat Treatment Co was 340.47. The lowest was 19.91. And the median was 69.99.


Kaori Heat Treatment Co  (TPE:8996) 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.

Kaori Heat Treatment Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1215.00/4.79
=253.65

* 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 Kaori Heat Treatment Co was 340.47. The lowest was 19.91. And the median was 69.99.


Be Aware

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


Kaori Heat Treatment Co E10 Related Terms


Kaori Heat Treatment Co E10 Historical Data

* Premium members only.

The historical data trend for Kaori Heat Treatment Co'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.

Kaori Heat Treatment Co E10 Chart

Kaori Heat Treatment Co 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 2.16 2.43 2.92 3.36 4.06

Kaori Heat Treatment Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.63 3.89 4.06 4.67 4.79

TPE:8996 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Kaori Heat Treatment Co'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.


Kaori Heat Treatment Co Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kaori Heat Treatment Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Kaori Heat Treatment Co's Shiller PE Ratio falls into.


TPE:8996
91GF Score
Kaori Heat Treatment Co Ltd TPE:8996
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kaori Heat Treatment Co 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, Kaori Heat Treatment Co's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.16/333.9520*333.9520
=2.160

Current CPI (Jun. 2026) = 333.9520.

Kaori Heat Treatment Co Quarterly Data

per share eps CPI Adj_EPS
201609 0.700 241.428 0.968
201612 0.820 241.432 1.134
201703 0.040 243.801 0.055
201706 0.170 244.955 0.232
201709 0.210 246.819 0.284
201712 0.210 246.524 0.284
201803 0.050 249.554 0.067
201806 1.540 251.989 2.041
201809 0.740 252.439 0.979
201812 0.235 251.233 0.312
201903 0.570 254.202 0.749
201906 0.460 256.143 0.600
201909 0.720 256.759 0.936
201912 0.017 256.974 0.022
202003 0.620 258.115 0.802
202006 0.250 257.797 0.324
202009 0.220 260.280 0.282
202012 0.168 260.474 0.215
202103 0.200 264.877 0.252
202106 0.600 271.696 0.737
202109 0.520 274.310 0.633
202112 0.340 278.802 0.407
202203 0.520 287.504 0.604
202206 0.690 296.311 0.778
202209 1.030 296.808 1.159
202212 1.130 296.797 1.271
202303 1.420 301.836 1.571
202306 2.320 305.109 2.539
202309 2.300 307.789 2.496
202312 0.400 306.746 0.435
202403 1.310 312.332 1.401
202406 1.770 314.175 1.881
202409 2.250 315.301 2.383
202412 1.000 315.605 1.058
202503 1.460 319.799 1.525
202506 1.339 322.561 1.386
202509 2.770 324.800 2.848
202512 3.390 324.054 3.494
202603 6.510 330.213 6.584
202606 2.160 333.952 2.160

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$4.79 mean?
Kaori Heat Treatment Co (TPE:8996) has a E10 of NT$4.79 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Kaori Heat Treatment Co and its competitors.
Is Kaori Heat Treatment Co's E10 too high?
Kaori Heat Treatment Co's current E10 is NT$4.79. Overall, Kaori Heat Treatment Co has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kaori Heat Treatment Co's E10 compare to GEV and ETN?
Kaori Heat Treatment Co's E10 of NT$4.79 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Kaori Heat Treatment Co and its competitors. Kaori Heat Treatment Co's current E10 is NT$4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaori Heat Treatment Co stock overvalued right now?
Based on GuruFocus' analysis, Kaori Heat Treatment Co (TPE:8996) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$903.51, compared to a current price of NT$1,215.00 — trading 34.5% above its estimated fair value. The current E10 is NT$4.79. Kaori Heat Treatment Co's overall GF Score™ is 91/100 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 Kaori Heat Treatment Co (TPE:8996), the current E10 is NT$4.79 as of Jun. 2026. 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 Kaori Heat Treatment Co (TPE:8996) Overvalued in 2026?

Based on GuruFocus' analysis, Kaori Heat Treatment Co stock appears to be overvalued. The current stock price of NT$1,215.00 is trading 34.5% above its estimated GF Value™ of NT$903.51. GuruFocus considers Kaori Heat Treatment Co to be Significantly Overvalued.

Key valuation signals for TPE:8996:

  • E10: NT$4.79
  • GF Value™: NT$903.51 vs. price of NT$1,215.00 (34.5% above fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the TPE:8996 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kaori Heat Treatment Co Business Description

Address No. 5-2, Jilin North Road, Zhongli District, Taoyuan City, TWN, 320030
Kaori Heat Treatment Co Ltd specializes in producing mechanical hardware, processing fabricated metals, and manufacturing and developing heat exchange products or thermal products. The Group's factories are established in Zhongli, Kaohsiung, etc. Its operating activities include heat treatment processing of various mechanical hardware and fabricated metals, plate heat exchangers, thermal products, and manufacturing activities. The Group operates in a single operating segment of plate heat exchangers, power generation, and thermal energy products. It operates in Asia, America, Europe, and others. The Group generates maximum revenue from America.
91GF Score

Get the complete analysis for TPE:8996

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

NT$1,215.00
Price
NT$903.51
GF Value