Taiwan Hon Chuan Enterprise Co (TPE:9939) E10: NT$7.35 (As of Dec. 2025)


TPE:9939 Taiwan Hon Chuan Enterprise Co Ltd TPE:9939
88 GF Score
Price NT$129.00
GF Value NT$147.09
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Taiwan Hon Chuan Enterprise Co E10?

Taiwan Hon Chuan Enterprise Co TPE:9939 +0.39% 88 E10 is NT$7.35 as of Dec. 2025. GuruFocus rates TPE:9939 with a GF Score™ of 88/100 and a GF Value™ of NT$147.09 (Modestly Undervalued). The stock has 4 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 Hon Chuan Enterprise Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$1.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$7.35 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Taiwan Hon Chuan Enterprise Co's average E10 Growth Rate was 9.70% per year. During the past 3 years, the average E10 Growth Rate was 10.10% per year. During the past 5 years, the average E10 Growth Rate was 10.40% 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 Taiwan Hon Chuan Enterprise Co was 10.70% per year. The lowest was 4.30% per year. And the median was 10.10% per year.

As of today (2026-06-28), Taiwan Hon Chuan Enterprise Co's current stock price is NT$129.00. Taiwan Hon Chuan Enterprise Co's E10 for the quarter that ended in Dec. 2025 was NT$7.35. Taiwan Hon Chuan Enterprise Co's Shiller PE Ratio of today is 17.55.

During the past 13 years, the highest Shiller PE Ratio of Taiwan Hon Chuan Enterprise Co was 27.84. The lowest was 9.80. And the median was 15.54.


Taiwan Hon Chuan Enterprise Co  (TPE:9939) 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 Hon Chuan Enterprise Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=129.00/7.35
=17.55

* 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 Taiwan Hon Chuan Enterprise Co was 27.84. The lowest was 9.80. And the median was 15.54.


Be Aware

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


Taiwan Hon Chuan Enterprise Co E10 Related Terms


Taiwan Hon Chuan Enterprise Co E10 Historical Data

* Premium members only.

The historical data trend for Taiwan Hon Chuan Enterprise 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 Hon Chuan Enterprise Co E10 Chart

Taiwan Hon Chuan Enterprise 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 4.94 5.50 6.02 6.70 7.35

Taiwan Hon Chuan Enterprise 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 6.70 6.89 7.00 7.24 7.35

TPE:9939 vs SW, PKG, AMCR: E10 Comparison

For the Packaging & Containers subindustry, Taiwan Hon Chuan Enterprise 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 Hon Chuan Enterprise Co Shiller PE Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Taiwan Hon Chuan Enterprise Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Hon Chuan Enterprise Co's Shiller PE Ratio falls into.


TPE:9939
88GF Score
Taiwan Hon Chuan Enterprise Co Ltd TPE:9939
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Hon Chuan Enterprise 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 Hon Chuan Enterprise 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)
=1.5/324.0540*324.0540
=1.500

Current CPI (Dec. 2025) = 324.0540.

Taiwan Hon Chuan Enterprise Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.697 238.132 0.948
201606 1.564 241.018 2.103
201609 1.385 241.428 1.859
201612 0.309 241.432 0.415
201703 1.275 243.801 1.695
201706 1.165 244.955 1.541
201709 1.574 246.819 2.067
201712 0.169 246.524 0.222
201803 0.906 249.554 1.176
201806 1.653 251.989 2.126
201809 1.165 252.439 1.496
201812 -0.010 251.233 -0.013
201903 1.086 254.202 1.384
201906 1.464 256.143 1.852
201909 1.584 256.759 1.999
201912 0.558 256.974 0.704
202003 0.906 258.115 1.137
202006 1.843 257.797 2.317
202009 2.301 260.280 2.865
202012 0.657 260.474 0.817
202103 1.663 264.877 2.035
202106 2.510 271.696 2.994
202109 1.773 274.310 2.095
202112 0.837 278.802 0.973
202203 1.922 287.504 2.166
202206 2.400 296.311 2.625
202209 2.560 296.808 2.795
202212 0.767 296.797 0.837
202303 1.604 301.836 1.722
202306 2.679 305.109 2.845
202309 2.958 307.789 3.114
202312 1.349 306.746 1.425
202403 2.600 312.332 2.698
202406 3.020 314.175 3.115
202409 2.980 315.301 3.063
202412 1.180 315.605 1.212
202503 2.330 319.799 2.361
202506 2.320 322.561 2.331
202509 2.940 324.800 2.933
202512 1.500 324.054 1.500

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$7.35 mean?
Taiwan Hon Chuan Enterprise Co (TPE:9939) has a E10 of NT$7.35 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Taiwan Hon Chuan Enterprise Co and its competitors.
Is Taiwan Hon Chuan Enterprise Co's E10 too high?
Taiwan Hon Chuan Enterprise Co's current E10 is NT$7.35. Overall, Taiwan Hon Chuan Enterprise Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Hon Chuan Enterprise Co's E10 compare to SW and PKG?
Taiwan Hon Chuan Enterprise Co's E10 of NT$7.35 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good E10 depends on the Packaging & Containers 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 Hon Chuan Enterprise Co and its competitors. Taiwan Hon Chuan Enterprise Co's current E10 is NT$7.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Hon Chuan Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Hon Chuan Enterprise Co (TPE:9939) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$147.09, compared to a current price of NT$129.00 — trading 12.3% below its estimated fair value. The current E10 is NT$7.35. Taiwan Hon Chuan Enterprise Co's overall GF Score™ is 88/100 with 4 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 Hon Chuan Enterprise Co (TPE:9939), the current E10 is NT$7.35 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 Hon Chuan Enterprise Co (TPE:9939) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Hon Chuan Enterprise Co stock appears to be undervalued. The current stock price of NT$129.00 is trading 12.3% below its estimated GF Value™ of NT$147.09. GuruFocus considers Taiwan Hon Chuan Enterprise Co to be Modestly Undervalued.

Key valuation signals for TPE:9939:

  • E10: NT$7.35
  • GF Value™: NT$147.09 vs. price of NT$129.00 (12.3% below fair value)
  • GF Score™: 88/100 with 4 warning signs

No single metric tells the full story. See the TPE:9939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Hon Chuan Enterprise Co Business Description

Address 2nd Road, No. 6, Industrial Park, Xitun District, Taichung, TWN
Taiwan Hon Chuan Enterprise Co Ltd manufactures and sells a variety of packaging products. Its primary product categories include plastic and aluminum caps used for beverages and can liners, polyethylene terephthalate bottles used to produce water bottles, and labels for consumer products. The Group also sells tobacco and liquor packaging, as well as cigarette filters and paper. In addition, Taiwan Hon Chuan sells packaging equipment used to produce caps, bottles, labels, and fill bottles. Its reportable segments are: Foreign Subsidiaries, which generate the maximum revenue, and Domestic. Geographically, the Group generates maximum revenue from its customers in Taiwan, followed by China, Southeast Asia, and other regions.
88GF Score

Get the complete analysis for TPE:9939

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

NT$129.00
Price
NT$147.09
GF Value