San Far Property (TPE:9946) E10: NT$1.73 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:9946 San Far Property Ltd TPE:9946
40 GF Score
Price NT$18.85
! 5 Warning Signs
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What is San Far Property E10?

San Far Property TPE:9946 -0.79% 40 E10 is NT$1.73 as of Jun. 2026. GuruFocus rates TPE:9946 with a GF Score™ of 40/100. 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.

San Far Property's adjusted earnings per share data for the three months ended in Jun. 2026 was NT$0.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.73 for the trailing ten years ended in Jun. 2026.

During the past 12 months, San Far Property's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was -6.10% per year. During the past 5 years, the average E10 Growth Rate was -4.00% 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.

As of today (2026-08-18), San Far Property's current stock price is NT$18.85. San Far Property's E10 for the quarter that ended in Jun. 2026 was NT$1.73. San Far Property's Shiller PE Ratio of today is 10.90.

During the past 13 years, the highest Shiller PE Ratio of San Far Property was 33.94. The lowest was 4.86. And the median was 9.04.


San Far Property  (TPE:9946) 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.

San Far Property's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.85/1.73
=10.90

* 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 San Far Property was 33.94. The lowest was 4.86. And the median was 9.04.


Be Aware

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


San Far Property E10 Related Terms


San Far Property E10 Historical Data

* Premium members only.

The historical data trend for San Far Property'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.

San Far Property E10 Chart

San Far Property 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 1.77 1.81 1.44 1.59 1.50

San Far Property Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.57 1.42 1.50 1.72 1.73

San Far Property E10 Competitor Comparison

For the Real Estate - Diversified subindustry, San Far Property'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.


San Far Property Shiller PE Ratio vs Real Estate Industry

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

* The bar in red indicates where San Far Property's Shiller PE Ratio falls into.


TPE:9946
40GF Score
San Far Property Ltd TPE:9946
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

San Far Property 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, San Far Property's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.27/333.9520*333.9520
=0.270

Current CPI (Jun. 2026) = 333.9520.

San Far Property Quarterly Data

per share eps CPI Adj_EPS
201609 0.090 241.428 0.124
201612 0.285 241.432 0.394
201703 0.263 243.801 0.360
201706 0.008 244.955 0.011
201709 0.145 246.819 0.196
201712 0.726 246.524 0.983
201803 0.161 249.554 0.215
201806 0.056 251.989 0.074
201809 0.190 252.439 0.251
201812 0.587 251.233 0.780
201903 1.510 254.202 1.984
201906 1.113 256.143 1.451
201909 1.027 256.759 1.336
201912 0.911 256.974 1.184
202003 0.410 258.115 0.530
202006 0.067 257.797 0.087
202009 0.110 260.280 0.141
202012 -0.060 260.474 -0.077
202103 0.030 264.877 0.038
202106 0.120 271.696 0.147
202109 0.310 274.310 0.377
202112 0.220 278.802 0.264
202203 0.050 287.504 0.058
202206 0.050 296.311 0.056
202209 0.200 296.808 0.225
202212 0.130 296.797 0.146
202303 0.010 301.836 0.011
202306 0.080 305.109 0.088
202309 -0.060 307.789 -0.065
202312 0.230 306.746 0.250
202403 0.120 312.332 0.128
202406 0.440 314.175 0.468
202409 0.080 315.301 0.085
202412 0.500 315.605 0.529
202503 -0.079 319.799 -0.082
202506 -0.190 322.561 -0.197
202509 -0.050 324.800 -0.051
202512 1.840 324.054 1.896
202603 2.560 330.213 2.589
202606 0.270 333.952 0.270

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$1.73 mean?
San Far Property (TPE:9946) has a E10 of NT$1.73 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on San Far Property and its competitors.
Is San Far Property's E10 too high?
San Far Property's current E10 is NT$1.73. Overall, San Far Property has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does San Far Property's E10 compare to competitors?
San Far Property's E10 of NT$1.73 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 San Far Property and its competitors. San Far Property's current E10 is NT$1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Far Property stock overvalued right now?
San Far Property (TPE:9946) has a current E10 of NT$1.73. The current E10 is NT$1.73. San Far Property's overall GF Score™ is 40/100 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 San Far Property (TPE:9946), the current E10 is NT$1.73 as of Jun. 2026. 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.

San Far Property Business Description

Address No. 30, Section 3, Bode Road, 12th Floor, Songshan District, Taipei, TWN
San Far Property Ltd is a Taiwan-based real estate company. The main activities of the company include residential and building development, leasing and sales, and real estate leasing.
40GF Score

Get the complete analysis for TPE:9946

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

NT$18.85
Price