Pou Chen (TPE:9904) E10: NT$4.73 (As of Dec. 2025)


TPE:9904 Pou Chen Corp TPE:9904
81 GF Score
Price NT$25.30
GF Value NT$30.85
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Pou Chen E10?

Pou Chen TPE:9904 -2.50% 81 E10 is NT$4.73 as of Dec. 2025. GuruFocus rates TPE:9904 with a GF Score™ of 81/100 and a GF Value™ of NT$30.85 (Modestly Undervalued). 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.

Pou Chen's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$1.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$4.73 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Pou Chen's average E10 Growth Rate was 2.20% per year. During the past 3 years, the average E10 Growth Rate was 3.20% per year. During the past 5 years, the average E10 Growth Rate was 5.50% 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 Pou Chen was 7.10% per year. The lowest was 3.20% per year. And the median was 4.70% per year.

As of today (2026-06-28), Pou Chen's current stock price is NT$25.30. Pou Chen's E10 for the quarter that ended in Dec. 2025 was NT$4.73. Pou Chen's Shiller PE Ratio of today is 5.35.

During the past 13 years, the highest Shiller PE Ratio of Pou Chen was 11.17. The lowest was 5.35. And the median was 7.74.


Pou Chen  (TPE:9904) 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.

Pou Chen's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=25.30/4.73
=5.35

* 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 Pou Chen was 11.17. The lowest was 5.35. And the median was 7.74.


Be Aware

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


Pou Chen E10 Related Terms


Pou Chen E10 Historical Data

* Premium members only.

The historical data trend for Pou Chen'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.

Pou Chen E10 Chart

Pou Chen 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 4.04 4.30 4.34 4.63 4.73

Pou Chen 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 4.63 4.72 4.69 4.69 4.73

TPE:9904 vs NKE, DECK, ONON: E10 Comparison

For the Footwear & Accessories subindustry, Pou Chen'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.


Pou Chen Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pou Chen's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Pou Chen's Shiller PE Ratio falls into.


TPE:9904
81GF Score
Pou Chen Corp TPE:9904
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pou Chen 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, Pou Chen'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)
=1.06/324.0540*324.0540
=1.060

Current CPI (Dec. 2025) = 324.0540.

Pou Chen Quarterly Data

per share eps CPI Adj_EPS
201603 0.990 238.132 1.347
201606 0.710 241.018 0.955
201609 1.230 241.428 1.651
201612 1.360 241.432 1.825
201703 0.540 243.801 0.718
201706 0.870 244.955 1.151
201709 1.580 246.819 2.074
201712 1.300 246.524 1.709
201803 0.690 249.554 0.896
201806 0.960 251.989 1.235
201809 1.220 252.439 1.566
201812 0.750 251.233 0.967
201903 0.990 254.202 1.262
201906 1.370 256.143 1.733
201909 1.480 256.759 1.868
201912 0.160 256.974 0.202
202003 0.400 258.115 0.502
202006 -0.180 257.797 -0.226
202009 1.140 260.280 1.419
202012 0.280 260.474 0.348
202103 2.130 264.877 2.606
202106 1.250 271.696 1.491
202109 0.870 274.310 1.028
202112 0.640 278.802 0.744
202203 1.570 287.504 1.770
202206 1.710 296.311 1.870
202209 1.940 296.808 2.118
202212 -0.940 296.797 -1.026
202303 0.340 301.836 0.365
202306 1.180 305.109 1.253
202309 2.060 307.789 2.169
202312 0.020 306.746 0.021
202403 1.580 312.332 1.639
202406 1.150 314.175 1.186
202409 1.940 315.301 1.994
202412 0.760 315.605 0.780
202503 1.220 319.799 1.236
202506 0.520 322.561 0.522
202509 1.280 324.800 1.277
202512 1.060 324.054 1.060

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$4.73 mean?
Pou Chen (TPE:9904) has a E10 of NT$4.73 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Pou Chen and its competitors.
Is Pou Chen's E10 too high?
Pou Chen's current E10 is NT$4.73. Overall, Pou Chen has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pou Chen's E10 compare to NKE and DECK?
Pou Chen's E10 of NT$4.73 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Pou Chen and its competitors. Pou Chen's current E10 is NT$4.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pou Chen stock overvalued right now?
Based on GuruFocus' analysis, Pou Chen (TPE:9904) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$30.85, compared to a current price of NT$25.30 — trading 18% below its estimated fair value. The current E10 is NT$4.73. Pou Chen's overall GF Score™ is 81/100 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 Pou Chen (TPE:9904), the current E10 is NT$4.73 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 Pou Chen (TPE:9904) Overvalued in 2026?

Based on GuruFocus' analysis, Pou Chen stock appears to be undervalued. The current stock price of NT$25.30 is trading 18% below its estimated GF Value™ of NT$30.85. GuruFocus considers Pou Chen to be Modestly Undervalued.

Key valuation signals for TPE:9904:

  • E10: NT$4.73
  • GF Value™: NT$30.85 vs. price of NT$25.30 (18% below fair value)
  • GF Score™: 81/100 with 3 warning signs

No single metric tells the full story. See the TPE:9904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pou Chen Business Description

Address No. 600, Section 4, Taiwan Boulevard, Xitun District, Taichung, TWN, 40764
Pou Chen Corp the manufacture and sale of various kinds of shoes and the import and export of related products and materials. The company invests in and other footwear-related companies.
81GF Score

Get the complete analysis for TPE:9904

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

NT$25.30
Price
NT$30.85
GF Value