Tainan Enterprise (Cayman) Co (TPE:5906) PE Ratio without NRI: 38.27 (As of Jul. 20, 2026) — 104% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:5906 Tainan Enterprise (Cayman) Co Ltd TPE:5906
76 GF Score
Price NT$38.00
GF Value NT$45.18
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Tainan Enterprise (Cayman) Co PE Ratio without NRI?

Tainan Enterprise (Cayman) Co TPE:5906 +0.13% 76 PE Ratio without NRI is 38.27 as of Jul. 20, 2026, which is 104% above its 10-year median of 18.72. GuruFocus rates TPE:5906 with a GF Score™ of 76/100 and a GF Value™ of NT$45.18 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 736 Manufacturing - Apparel & Accessories companies, Tainan Enterprise (Cayman) Co ranks worse than 76.09% on this metric.

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-07-20), Tainan Enterprise (Cayman) Co's share price is NT$38.00. Tainan Enterprise (Cayman) Co's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was NT$0.99. Therefore, Tainan Enterprise (Cayman) Co's PE Ratio without NRI for today is 38.27.

During the past 13 years, Tainan Enterprise (Cayman) Co's highest PE Ratio without NRI was 52.37. The lowest was 6.72. And the median was 18.72.

Tainan Enterprise (Cayman) Co's EPS without NRI for the three months ended in Dec. 2025 was NT$0.20. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was NT$0.99.

As of today (2026-07-20), Tainan Enterprise (Cayman) Co's share price is NT$38.00. Tainan Enterprise (Cayman) Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$0.98. Therefore, Tainan Enterprise (Cayman) Co's PE Ratio (TTM) for today is 38.74.

During the past years, Tainan Enterprise (Cayman) Co's highest PE Ratio (TTM) was 53.01. The lowest was 6.75. And the median was 18.87.

Tainan Enterprise (Cayman) Co's EPS (Diluted) for the three months ended in Dec. 2025 was NT$0.20. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$0.98.

Tainan Enterprise (Cayman) Co's EPS (Basic) for the three months ended in Dec. 2025 was NT$0.20. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$0.98.


Tainan Enterprise (Cayman) Co  (TPE:5906) PE Ratio without NRI Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.


Tainan Enterprise (Cayman) Co PE Ratio without NRI Related Terms


Tainan Enterprise (Cayman) Co PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Tainan Enterprise (Cayman) Co's PE Ratio without NRI 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.

Tainan Enterprise (Cayman) Co PE Ratio without NRI Chart

Tainan Enterprise (Cayman) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.03 10.06 19.96 32.72 52.02

Tainan Enterprise (Cayman) Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
PE Ratio without NRI 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 32.72 41.86 28.88 42.03 52.02

TPE:5906 vs RL, LEVI, VFC: PE Ratio without NRI Comparison

For the Apparel Manufacturing subindustry, Tainan Enterprise (Cayman) Co's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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.


Tainan Enterprise (Cayman) Co PE Ratio without NRI vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tainan Enterprise (Cayman) Co's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Tainan Enterprise (Cayman) Co's PE Ratio without NRI falls into.


TPE:5906
76GF Score
Tainan Enterprise (Cayman) Co Ltd TPE:5906
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tainan Enterprise (Cayman) Co PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.

Tainan Enterprise (Cayman) Co's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=38.00/0.993
=38.27

Tainan Enterprise (Cayman) Co's Share Price of today is NT$38.00.
Tainan Enterprise (Cayman) Co's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$0.99.

* 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.

There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.

For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio without NRI →
What does a PE Ratio without NRI of 38.27 mean?
Tainan Enterprise (Cayman) Co (TPE:5906) has a PE Ratio without NRI of 38.27 as of Jul. 20, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Tainan Enterprise (Cayman) Co and its competitors. This is 104% above median its historical median of 18.72. Over the past decade, Tainan Enterprise (Cayman) Co's PE Ratio without NRI has ranged from 6.72 to 52.37. According to the industry distribution chart, Tainan Enterprise (Cayman) Co ranks #560 out of 736 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 76.1%.
Is Tainan Enterprise (Cayman) Co's PE Ratio without NRI too high?
Tainan Enterprise (Cayman) Co's current PE Ratio without NRI of 38.27 is 104% above median its 10-year median of 18.72. Over the past 10 years, this metric has ranged from a low of 6.72 to a high of 52.37. The Manufacturing - Apparel & Accessories industry median PE Ratio without NRI is 17.18. Tainan Enterprise (Cayman) Co's value of 38.27 is 122.8% above this industry median. Based on the distribution chart, Tainan Enterprise (Cayman) Co ranks #560 out of 736 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Tainan Enterprise (Cayman) Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tainan Enterprise (Cayman) Co's PE Ratio without NRI compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tainan Enterprise (Cayman) Co ranks #560 out of 736 companies for PE Ratio without NRI. This places Tainan Enterprise (Cayman) Co in the lower half of its industry. The industry median PE Ratio without NRI is 17.18. Tainan Enterprise (Cayman) Co's value of 38.27 is 122.8% above this benchmark. Historically, Tainan Enterprise (Cayman) Co's own PE Ratio without NRI has ranged from 6.72 to 52.37 over the past decade. While the company's 10-year median is 18.72 vs. the industry median of 17.18, Tainan Enterprise (Cayman) Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio without NRI for a Manufacturing - Apparel & Accessories company?
The median PE Ratio without NRI among Manufacturing - Apparel & Accessories companies is 17.18, based on 736 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tainan Enterprise (Cayman) Co's current PE Ratio without NRI of 38.27 is 122.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Tainan Enterprise (Cayman) Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PE Ratio without NRI is 17.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tainan Enterprise (Cayman) Co's current PE Ratio without NRI is 38.27, which is 104% above median its own 10-year median of 18.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tainan Enterprise (Cayman) Co stock overvalued right now?
Based on GuruFocus' analysis, Tainan Enterprise (Cayman) Co (TPE:5906) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$45.18, compared to a current price of NT$38.00 — trading 15.9% below its estimated fair value. The current PE Ratio without NRI is 38.27, which is 104% above median its 10-year median of 18.72 and 122.8% above the Manufacturing - Apparel & Accessories industry median of 17.18. Tainan Enterprise (Cayman) Co's overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Tainan Enterprise (Cayman) Co (TPE:5906), the current PE Ratio without NRI is 38.27 as of Jul. 20, 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.

Is Tainan Enterprise (Cayman) Co (TPE:5906) Overvalued in 2026?

Based on GuruFocus' analysis, Tainan Enterprise (Cayman) Co stock appears to be undervalued. The current stock price of NT$38.00 is trading 15.9% below its estimated GF Value™ of NT$45.18. GuruFocus considers Tainan Enterprise (Cayman) Co to be Modestly Undervalued.

Key valuation signals for TPE:5906:

  • PE Ratio without NRI: 38.27 (104% above median its 10-year median of 18.72)
  • GF Value™: NT$45.18 vs. price of NT$38.00 (15.9% below fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 122.8% above the Manufacturing - Apparel & Accessories median (#560 of 736)

No single metric tells the full story. See the TPE:5906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tainan Enterprise (Cayman) Co Business Description

Address Section 2, Dongmen Road, 1st Floor, No. 297, East District, Tainan, TWN
Tainan Enterprise (Cayman) Co Ltd and its subsidiaries mainly engage in professional investment services and trading of various garments, footwear, and department stores. The company carries brands such as Tony Wear, Tony Jeans, Tony Uomo, and Tjl, and also acts as an agent for European apparel brands including Camel Active from Germany, New Man, and U by Ungaro from France. Its segments include sports business, which generates maximum revenue, cultural and creative department store, and others.
76GF Score

Get the complete analysis for TPE:5906

PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$38.00
Price
NT$45.18
GF Value