Hsin BA Ba (TPE:9906) E10: NT$2.12 (As of Dec. 2025)


TPE:9906 Hsin BA Ba Corp TPE:9906
58 GF Score
Price NT$41.45
GF Value NT$23.34
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Hsin BA Ba E10?

Hsin BA Ba TPE:9906 -2.47% 58 E10 is NT$2.12 as of Dec. 2025. GuruFocus rates TPE:9906 with a GF Score™ of 58/100 and a GF Value™ of NT$23.34 (Significantly Overvalued). The stock has 8 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.

Hsin BA Ba's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$2.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.12 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Hsin BA Ba's average E10 Growth Rate was -0.50% per year. During the past 3 years, the average E10 Growth Rate was 40.80% per year. During the past 5 years, the average E10 Growth Rate was 35.70% 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 Hsin BA Ba was 44.90% per year. The lowest was -5.10% per year. And the median was 38.35% per year.

As of today (2026-06-27), Hsin BA Ba's current stock price is NT$41.45. Hsin BA Ba's E10 for the quarter that ended in Dec. 2025 was NT$2.12. Hsin BA Ba's Shiller PE Ratio of today is 19.55.

During the past 13 years, the highest Shiller PE Ratio of Hsin BA Ba was 147.28. The lowest was 14.96. And the median was 52.54.


Hsin BA Ba  (TPE:9906) 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.

Hsin BA Ba's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=41.45/2.12
=19.55

* 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 Hsin BA Ba was 147.28. The lowest was 14.96. And the median was 52.54.


Be Aware

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


Hsin BA Ba E10 Related Terms


Hsin BA Ba E10 Historical Data

* Premium members only.

The historical data trend for Hsin BA Ba'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.

Hsin BA Ba E10 Chart

Hsin BA Ba 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 0.70 0.76 1.38 2.13 2.12

Hsin BA Ba 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 2.13 2.03 1.96 1.94 2.12

TPE:9906 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Hsin BA Ba'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.


Hsin BA Ba Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Hsin BA Ba's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hsin BA Ba's Shiller PE Ratio falls into.


TPE:9906
58GF Score
Hsin BA Ba Corp TPE:9906
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hsin BA Ba 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, Hsin BA Ba'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)
=2.08/324.0540*324.0540
=2.080

Current CPI (Dec. 2025) = 324.0540.

Hsin BA Ba Quarterly Data

per share eps CPI Adj_EPS
201603 -0.140 238.132 -0.191
201606 0.337 241.018 0.453
201609 0.346 241.428 0.464
201612 0.027 241.432 0.036
201703 0.053 243.801 0.070
201706 0.228 244.955 0.302
201709 0.206 246.819 0.270
201712 0.666 246.524 0.875
201803 0.039 249.554 0.051
201806 -0.118 251.989 -0.152
201809 -0.088 252.439 -0.113
201812 -0.176 251.233 -0.227
201903 -0.245 254.202 -0.312
201906 -0.313 256.143 -0.396
201909 -0.186 256.759 -0.235
201912 -0.206 256.974 -0.260
202003 -0.206 258.115 -0.259
202006 -0.196 257.797 -0.246
202009 -0.196 260.280 -0.244
202012 -0.451 260.474 -0.561
202103 -0.304 264.877 -0.372
202106 -0.362 271.696 -0.432
202109 3.105 274.310 3.668
202112 0.637 278.802 0.740
202203 1.763 287.504 1.987
202206 2.616 296.311 2.861
202209 0.578 296.808 0.631
202212 0.020 296.797 0.022
202303 0.539 301.836 0.579
202306 4.585 305.109 4.870
202309 1.160 307.789 1.221
202312 -0.290 306.746 -0.306
202403 -0.540 312.332 -0.560
202406 0.490 314.175 0.505
202409 3.570 315.301 3.669
202412 2.680 315.605 2.752
202503 -1.000 319.799 -1.013
202506 -0.440 322.561 -0.442
202509 -0.550 324.800 -0.549
202512 2.080 324.054 2.080

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$2.12 mean?
Hsin BA Ba (TPE:9906) has a E10 of NT$2.12 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hsin BA Ba and its competitors.
Is Hsin BA Ba's E10 too high?
Hsin BA Ba's current E10 is NT$2.12. Overall, Hsin BA Ba has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hsin BA Ba's E10 compare to PWR and FIX?
Hsin BA Ba's E10 of NT$2.12 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Hsin BA Ba and its competitors. Hsin BA Ba's current E10 is NT$2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin BA Ba stock overvalued right now?
Based on GuruFocus' analysis, Hsin BA Ba (TPE:9906) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$23.34, compared to a current price of NT$41.45 — trading 77.6% above its estimated fair value. The current E10 is NT$2.12. Hsin BA Ba's overall GF Score™ is 58/100 with 8 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 Hsin BA Ba (TPE:9906), the current E10 is NT$2.12 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 Hsin BA Ba (TPE:9906) Overvalued in 2026?

Based on GuruFocus' analysis, Hsin BA Ba stock appears to be overvalued. The current stock price of NT$41.45 is trading 77.6% above its estimated GF Value™ of NT$23.34. GuruFocus considers Hsin BA Ba to be Significantly Overvalued.

Key valuation signals for TPE:9906:

  • E10: NT$2.12
  • GF Value™: NT$23.34 vs. price of NT$41.45 (77.6% above fair value)
  • GF Score™: 58/100 with 8 warning signs

No single metric tells the full story. See the TPE:9906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsin BA Ba Business Description

Address No.6, Minquan 2nd Road, 27th floor, Qianzhen District, Kaohsiung City, TWN, 80661
Hsin BA Ba Corp is engaged in designing, planning, and selling commercial and residential buildings. It also provides interior designing services and construction contracting services.
58GF Score

Get the complete analysis for TPE:9906

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

NT$41.45
Price
NT$23.34
GF Value