Tidehold Development Co (TPE:9902) E10: NT$0.24 (As of Dec. 2025)


TPE:9902 Tidehold Development Co Ltd TPE:9902
70 GF Score
Price NT$14.25
GF Value NT$25.84
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Tidehold Development Co E10?

Tidehold Development Co TPE:9902 +4.01% 70 E10 is NT$0.24 as of Dec. 2025. GuruFocus rates TPE:9902 with a GF Score™ of 70/100 and a GF Value™ of NT$25.84 (Possible Value Trap). 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.

Tidehold Development Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$-0.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.24 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Tidehold Development Co's average E10 Growth Rate was -17.20% per year. During the past 3 years, the average E10 Growth Rate was -16.30% per year. During the past 5 years, the average E10 Growth Rate was -6.90% 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 Tidehold Development Co was 0.80% per year. The lowest was -16.30% per year. And the median was -8.35% per year.

As of today (2026-07-03), Tidehold Development Co's current stock price is NT$14.25. Tidehold Development Co's E10 for the quarter that ended in Dec. 2025 was NT$0.24. Tidehold Development Co's Shiller PE Ratio of today is 59.38.

During the past 13 years, the highest Shiller PE Ratio of Tidehold Development Co was 73.54. The lowest was 16.75. And the median was 43.79.


Tidehold Development Co  (TPE:9902) 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.

Tidehold Development Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.25/0.24
=59.38

* 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 Tidehold Development Co was 73.54. The lowest was 16.75. And the median was 43.79.


Be Aware

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


Tidehold Development Co E10 Related Terms


Tidehold Development Co E10 Historical Data

* Premium members only.

The historical data trend for Tidehold Development 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.

Tidehold Development Co E10 Chart

Tidehold Development 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 0.44 0.41 0.25 0.29 0.24

Tidehold Development Co 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 0.29 0.31 0.30 0.29 0.24

TPE:9902 vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, Tidehold Development 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.


Tidehold Development Co Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tidehold Development Co's Shiller PE Ratio distribution charts can be found below:

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


TPE:9902
70GF Score
Tidehold Development Co Ltd TPE:9902
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tidehold Development 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, Tidehold Development Co'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)
=-0.6/324.0540*324.0540
=-0.600

Current CPI (Dec. 2025) = 324.0540.

Tidehold Development Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.010 238.132 0.014
201606 0.050 241.018 0.067
201609 0.040 241.428 0.054
201612 -0.050 241.432 -0.067
201703 -0.040 243.801 -0.053
201706 0.040 244.955 0.053
201709 0.010 246.819 0.013
201712 0.000 246.524 0.000
201803 -0.030 249.554 -0.039
201806 0.020 251.989 0.026
201809 0.020 252.439 0.026
201812 0.110 251.233 0.142
201903 0.160 254.202 0.204
201906 0.050 256.143 0.063
201909 0.090 256.759 0.114
201912 0.010 256.974 0.013
202003 0.050 258.115 0.063
202006 0.170 257.797 0.214
202009 0.020 260.280 0.025
202012 0.080 260.474 0.100
202103 0.050 264.877 0.061
202106 0.940 271.696 1.121
202109 0.080 274.310 0.095
202112 0.080 278.802 0.093
202203 0.020 287.504 0.023
202206 -0.460 296.311 -0.503
202209 -0.060 296.808 -0.066
202212 0.010 296.797 0.011
202303 0.120 301.836 0.129
202306 0.070 305.109 0.074
202309 0.010 307.789 0.011
202312 0.120 306.746 0.127
202403 0.380 312.332 0.394
202406 0.220 314.175 0.227
202409 0.070 315.301 0.072
202412 -0.100 315.605 -0.103
202503 -0.030 319.799 -0.030
202506 -0.010 322.561 -0.010
202509 0.170 324.800 0.170
202512 -0.600 324.054 -0.600

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$0.24 mean?
Tidehold Development Co (TPE:9902) has a E10 of NT$0.24 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tidehold Development Co and its competitors.
Is Tidehold Development Co's E10 too high?
Tidehold Development Co's current E10 is NT$0.24. Overall, Tidehold Development Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tidehold Development Co's E10 compare to CBRE and BEKE?
Tidehold Development Co's E10 of NT$0.24 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 Tidehold Development Co and its competitors. Tidehold Development Co's current E10 is NT$0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tidehold Development Co stock overvalued right now?
Based on GuruFocus' analysis, Tidehold Development Co (TPE:9902) is currently considered Possible Value Trap. The stock's GF Value™ is NT$25.84, compared to a current price of NT$14.25 — trading 44.9% below its estimated fair value. The current E10 is NT$0.24. Tidehold Development Co's overall GF Score™ is 70/100 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 Tidehold Development Co (TPE:9902), the current E10 is NT$0.24 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 Tidehold Development Co (TPE:9902) Overvalued in 2026?

Based on GuruFocus' analysis, Tidehold Development Co stock appears to be undervalued. The current stock price of NT$14.25 is trading 44.9% below its estimated GF Value™ of NT$25.84. GuruFocus considers Tidehold Development Co to be Possible Value Trap.

Key valuation signals for TPE:9902:

  • E10: NT$0.24
  • GF Value™: NT$25.84 vs. price of NT$14.25 (44.9% below fair value)
  • GF Score™: 70/100 with 2 warning signs

No single metric tells the full story. See the TPE:9902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tidehold Development Co Business Description

Address No. 75, Yanping South Road, 2nd - 3rd Floor, Taipei, TWN
Tidehold Development Co Ltd has focused on the development of construction businesses, international trade, and leasing operations, with the objective of achieving business diversification and risk diversification as part of its long-term Plan. Its products are Imported vehicle sales; Environmental sanitation and cleaning vehicles sales; Construction material sales; Rent revenue; and Others. The company has presence in Taiwan.
70GF Score

Get the complete analysis for TPE:9902

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

NT$14.25
Price
NT$25.84
GF Value