Taiwan Shin Kong Security Co (TPE:9925) E10: NT$2.79 (As of Dec. 2025)


TPE:9925 Taiwan Shin Kong Security Co Ltd TPE:9925
88 GF Score
Price NT$40.45
GF Value NT$43.19
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Taiwan Shin Kong Security Co E10?

Taiwan Shin Kong Security Co TPE:9925 -0.49% 88 E10 is NT$2.79 as of Dec. 2025. GuruFocus rates TPE:9925 with a GF Score™ of 88/100 and a GF Value™ of NT$43.19 (Fairly Valued). The stock has 5 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.

Taiwan Shin Kong Security Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.79 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Taiwan Shin Kong Security Co's average E10 Growth Rate was -2.40% per year. During the past 3 years, the average E10 Growth Rate was -1.40% per year. During the past 5 years, the average E10 Growth Rate was 1.00% 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 Taiwan Shin Kong Security Co was 3.60% per year. The lowest was -1.40% per year. And the median was 2.10% per year.

As of today (2026-06-28), Taiwan Shin Kong Security Co's current stock price is NT$40.45. Taiwan Shin Kong Security Co's E10 for the quarter that ended in Dec. 2025 was NT$2.79. Taiwan Shin Kong Security Co's Shiller PE Ratio of today is 14.50.

During the past 13 years, the highest Shiller PE Ratio of Taiwan Shin Kong Security Co was 14.71. The lowest was 12.09. And the median was 14.13.


Taiwan Shin Kong Security Co  (TPE:9925) 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.

Taiwan Shin Kong Security Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=40.45/2.79
=14.50

* 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 Taiwan Shin Kong Security Co was 14.71. The lowest was 12.09. And the median was 14.13.


Be Aware

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


Taiwan Shin Kong Security Co E10 Related Terms


Taiwan Shin Kong Security Co E10 Historical Data

* Premium members only.

The historical data trend for Taiwan Shin Kong Security 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.

Taiwan Shin Kong Security Co E10 Chart

Taiwan Shin Kong Security 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 2.79 2.91 2.90 2.86 2.79

Taiwan Shin Kong Security 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 2.86 2.86 2.85 2.83 2.79

TPE:9925 vs ALLE, MSA, ADT: E10 Comparison

For the Security & Protection Services subindustry, Taiwan Shin Kong Security 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.


Taiwan Shin Kong Security Co Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Taiwan Shin Kong Security Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Shin Kong Security Co's Shiller PE Ratio falls into.


TPE:9925
88GF Score
Taiwan Shin Kong Security Co Ltd TPE:9925
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Shin Kong Security 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, Taiwan Shin Kong Security 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)
=0.33/324.0540*324.0540
=0.330

Current CPI (Dec. 2025) = 324.0540.

Taiwan Shin Kong Security Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.594 238.132 0.808
201606 0.782 241.018 1.051
201609 0.713 241.428 0.957
201612 0.426 241.432 0.572
201703 0.436 243.801 0.580
201706 0.812 244.955 1.074
201709 0.713 246.819 0.936
201712 0.465 246.524 0.611
201803 0.386 249.554 0.501
201806 0.693 251.989 0.891
201809 0.703 252.439 0.902
201812 0.376 251.233 0.485
201903 0.337 254.202 0.430
201906 0.653 256.143 0.826
201909 0.610 256.759 0.770
201912 0.500 256.974 0.631
202003 0.339 258.115 0.426
202006 0.820 257.797 1.031
202009 0.730 260.280 0.909
202012 0.420 260.474 0.523
202103 0.480 264.877 0.587
202106 0.550 271.696 0.656
202109 1.000 274.310 1.181
202112 0.470 278.802 0.546
202203 0.520 287.504 0.586
202206 1.010 296.311 1.105
202209 0.550 296.808 0.600
202212 0.420 296.797 0.459
202303 0.500 301.836 0.537
202306 0.960 305.109 1.020
202309 0.510 307.789 0.537
202312 0.450 306.746 0.475
202403 0.510 312.332 0.529
202406 0.880 314.175 0.908
202409 0.460 315.301 0.473
202412 0.430 315.605 0.442
202503 0.430 319.799 0.436
202506 0.850 322.561 0.854
202509 0.760 324.800 0.758
202512 0.330 324.054 0.330

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$2.79 mean?
Taiwan Shin Kong Security Co (TPE:9925) has a E10 of NT$2.79 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Taiwan Shin Kong Security Co and its competitors.
Is Taiwan Shin Kong Security Co's E10 too high?
Taiwan Shin Kong Security Co's current E10 is NT$2.79. Overall, Taiwan Shin Kong Security Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Shin Kong Security Co's E10 compare to ALLE and MSA?
Taiwan Shin Kong Security Co's E10 of NT$2.79 can be compared against companies in the Business Services 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 Business Services company?
A good E10 depends on the Business Services 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 Taiwan Shin Kong Security Co and its competitors. Taiwan Shin Kong Security Co's current E10 is NT$2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Shin Kong Security Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Shin Kong Security Co (TPE:9925) is currently considered Fairly Valued. The stock's GF Value™ is NT$43.19, compared to a current price of NT$40.45 — trading 6.3% below its estimated fair value. The current E10 is NT$2.79. Taiwan Shin Kong Security Co's overall GF Score™ is 88/100 with 5 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 Taiwan Shin Kong Security Co (TPE:9925), the current E10 is NT$2.79 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 Taiwan Shin Kong Security Co (TPE:9925) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Shin Kong Security Co stock appears to be undervalued. The current stock price of NT$40.45 is trading 6.3% below its estimated GF Value™ of NT$43.19. GuruFocus considers Taiwan Shin Kong Security Co to be Fairly Valued.

Key valuation signals for TPE:9925:

  • E10: NT$2.79
  • GF Value™: NT$43.19 vs. price of NT$40.45 (6.3% below fair value)
  • GF Score™: 88/100 with 5 warning signs

No single metric tells the full story. See the TPE:9925 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Shin Kong Security Co Business Description

Address No. 128, Xing\'ai Road, Neihu District, Taipei, TWN
Taiwan Shin Kong Security Co Ltd is a Taiwanese security systems provider. It is engaged in the design, sale, rental, installation, maintenance, repair, and inspection of fire prevention, burglary prevention, and fire protection apparatus, as well as the import and export of these products and the operation and investment of such businesses. The reportable segments of the company are the electronic services business, cash-in-transit business, stationed security business, and others. The majority of its revenue is generated from the electronic services segment which provides electronic security services.
88GF Score

Get the complete analysis for TPE:9925

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

NT$40.45
Price
NT$43.19
GF Value