Sinyi Realty (TPE:9940) E10: NT$2.51 (As of Dec. 2025)


TPE:9940 Sinyi Realty Inc TPE:9940
77 GF Score
Price NT$18.95
GF Value NT$24.13
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Sinyi Realty E10?

Sinyi Realty TPE:9940 -1.56% 77 E10 is NT$2.51 as of Dec. 2025. GuruFocus rates TPE:9940 with a GF Score™ of 77/100 and a GF Value™ of NT$24.13 (Modestly Undervalued). The stock has 9 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.

Sinyi Realty's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.51 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average E10 Growth Rate was 0.30% per year. During the past 5 years, the average E10 Growth Rate was 2.60% 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 Sinyi Realty was 3.90% per year. The lowest was 0.30% per year. And the median was 2.50% per year.

As of today (2026-06-29), Sinyi Realty's current stock price is NT$18.95. Sinyi Realty's E10 for the quarter that ended in Dec. 2025 was NT$2.51. Sinyi Realty's Shiller PE Ratio of today is 7.55.

During the past 13 years, the highest Shiller PE Ratio of Sinyi Realty was 15.71. The lowest was 7.27. And the median was 12.36.


Sinyi Realty  (TPE:9940) 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.

Sinyi Realty's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.95/2.51
=7.55

* 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 Sinyi Realty was 15.71. The lowest was 7.27. And the median was 12.36.


Be Aware

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


Sinyi Realty E10 Related Terms


Sinyi Realty E10 Historical Data

* Premium members only.

The historical data trend for Sinyi Realty'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.

Sinyi Realty E10 Chart

Sinyi Realty 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 2.39 2.49 2.40 2.51 2.51

Sinyi Realty 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 2.51 2.54 2.50 2.51 2.51

TPE:9940 vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, Sinyi Realty'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.


Sinyi Realty Shiller PE Ratio vs Real Estate Industry

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

* The bar in red indicates where Sinyi Realty's Shiller PE Ratio falls into.


TPE:9940
77GF Score
Sinyi Realty Inc TPE:9940
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinyi Realty 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, Sinyi Realty'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)
=0.21/324.0540*324.0540
=0.210

Current CPI (Dec. 2025) = 324.0540.

Sinyi Realty Quarterly Data

per share eps CPI Adj_EPS
201603 -0.086 238.132 -0.117
201606 0.292 241.018 0.393
201609 0.274 241.428 0.368
201612 0.778 241.432 1.044
201703 0.097 243.801 0.129
201706 1.590 244.955 2.103
201709 1.400 246.819 1.838
201712 0.720 246.524 0.946
201803 0.280 249.554 0.364
201806 0.370 251.989 0.476
201809 0.270 252.439 0.347
201812 1.120 251.233 1.445
201903 0.570 254.202 0.727
201906 0.550 256.143 0.696
201909 0.250 256.759 0.316
201912 0.350 256.974 0.441
202003 0.050 258.115 0.063
202006 0.460 257.797 0.578
202009 0.760 260.280 0.946
202012 0.830 260.474 1.033
202103 0.620 264.877 0.759
202106 0.670 271.696 0.799
202109 0.980 274.310 1.158
202112 0.910 278.802 1.058
202203 0.650 287.504 0.733
202206 0.430 296.311 0.470
202209 0.270 296.808 0.295
202212 0.320 296.797 0.349
202303 0.680 301.836 0.730
202306 0.690 305.109 0.733
202309 0.460 307.789 0.484
202312 0.550 306.746 0.581
202403 0.620 312.332 0.643
202406 0.920 314.175 0.949
202409 0.550 315.301 0.565
202412 0.330 315.605 0.339
202503 0.120 319.799 0.122
202506 -0.170 322.561 -0.171
202509 0.120 324.800 0.120
202512 0.210 324.054 0.210

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$2.51 mean?
Sinyi Realty (TPE:9940) has a E10 of NT$2.51 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Sinyi Realty and its competitors.
Is Sinyi Realty's E10 too high?
Sinyi Realty's current E10 is NT$2.51. Overall, Sinyi Realty has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sinyi Realty's E10 compare to CBRE and BEKE?
Sinyi Realty's E10 of NT$2.51 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 Sinyi Realty and its competitors. Sinyi Realty's current E10 is NT$2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinyi Realty stock overvalued right now?
Based on GuruFocus' analysis, Sinyi Realty (TPE:9940) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$24.13, compared to a current price of NT$18.95 — trading 21.5% below its estimated fair value. The current E10 is NT$2.51. Sinyi Realty's overall GF Score™ is 77/100 with 9 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 Sinyi Realty (TPE:9940), the current E10 is NT$2.51 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 Sinyi Realty (TPE:9940) Overvalued in 2026?

Based on GuruFocus' analysis, Sinyi Realty stock appears to be undervalued. The current stock price of NT$18.95 is trading 21.5% below its estimated GF Value™ of NT$24.13. GuruFocus considers Sinyi Realty to be Modestly Undervalued.

Key valuation signals for TPE:9940:

  • E10: NT$2.51
  • GF Value™: NT$24.13 vs. price of NT$18.95 (21.5% below fair value)
  • GF Score™: 77/100 with 9 warning signs

No single metric tells the full story. See the TPE:9940 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinyi Realty Business Description

Address No. 100, Section 5, Xinyi Road, Xinyi District, Taipei, TWN, 110
Sinyi Realty Inc is engaged in the operation of a full-service real estate brokerage business. The Company provides real estate brokerage and agency sale services and recognizes revenue from rendering of services related to real estate brokerage and agency sale business. It also conducts related activities through subsidiaries involved in real estate brokerage, real estate management, management consulting, development, construction, rental, and sale of residential buildings and factories.
77GF Score

Get the complete analysis for TPE:9940

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

NT$18.95
Price
NT$24.13
GF Value