China Steel (TPE:2002) Shiller PE Ratio: 16.62 (As of Aug. 31, 2026) — 12% Below Median

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TPE:2002 China Steel Corp TPE:2002
72 GF Score
Price NT$18.95
GF Value NT$20.10
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is China Steel Shiller PE Ratio?

China Steel TPE:2002 -0.52% 72 Shiller PE Ratio is 16.62 as of Aug. 31, 2026, which is 12% below its 10-year median of 18.84. GuruFocus rates TPE:2002 with a GF Score™ of 72/100 and a GF Value™ of NT$20.10 (Fairly Valued). The stock has 10 warning signs investors should review. Among 411 Steel companies, China Steel ranks worse than 56.93% on this metric.

As of today (2026-08-31), China Steel's current share price is NT$18.95. China Steel's E10 for the quarter that ended in Jun. 2026 was NT$1.14. China Steel's Shiller PE Ratio for today is 16.62.

The historical rank and industry rank for China Steel's Shiller PE Ratio or its related term are showing as below:

TPE:2002' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15   Med: 18.84   Max: 41.62
Current: 16.72

During the past years, China Steel's highest Shiller PE Ratio was 41.62. The lowest was 15.00. And the median was 18.84.

TPE:2002's Shiller PE Ratio is ranked worse than
56.93% of 411 companies
in the Steel industry
Industry Median: 14.41 vs TPE:2002: 16.72

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

China Steel's adjusted earnings per share data for the three months ended in Jun. 2026 was NT$0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$1.14 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Steel  (TPE:2002) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


China Steel Shiller PE Ratio Related Terms


China Steel Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for China Steel's Shiller PE Ratio 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.

China Steel Shiller PE Ratio Chart

China Steel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.57 20.80 19.90 16.11 16.42

China Steel Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio 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 16.16 16.89 16.42 16.30 16.50

TPE:2002 vs NUE, STLD, RS: Shiller PE Ratio Comparison

For the Steel subindustry, China Steel'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.


China Steel Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, China Steel's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Steel's Shiller PE Ratio falls into.


TPE:2002
72GF Score
China Steel Corp TPE:2002
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Steel Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

China Steel's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=18.95/1.14
=16.62

* 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.

China Steel's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, China Steel'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)
=0.14/333.9520*333.9520
=0.140

Current CPI (Jun. 2026) = 333.9520.

China Steel Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.430 241.428 0.595
201612 0.230 241.432 0.318
201703 0.240 243.801 0.329
201706 0.220 244.955 0.300
201709 0.230 246.819 0.311
201712 0.400 246.524 0.542
201803 0.300 249.554 0.401
201806 0.420 251.989 0.557
201809 0.470 252.439 0.622
201812 0.380 251.233 0.505
201903 0.230 254.202 0.302
201906 0.230 256.143 0.300
201909 0.140 256.759 0.182
201912 -0.030 256.974 -0.039
202003 -0.150 258.115 -0.194
202006 -0.090 257.797 -0.117
202009 -0.040 260.280 -0.051
202012 0.330 260.474 0.423
202103 0.580 264.877 0.731
202106 1.010 271.696 1.241
202109 1.280 274.310 1.558
202112 1.120 278.802 1.342
202203 0.690 287.504 0.801
202206 0.650 296.311 0.733
202209 0.120 296.808 0.135
202212 -0.330 296.797 -0.371
202303 -0.050 301.836 -0.055
202306 0.060 305.109 0.066
202309 -0.050 307.789 -0.054
202312 0.140 306.746 0.152
202403 0.040 312.332 0.043
202406 0.090 314.175 0.096
202409 -0.010 315.301 -0.011
202412 0.010 315.605 0.011
202503 0.020 319.799 0.021
202506 -0.120 322.561 -0.124
202509 -0.160 324.800 -0.165
202512 -0.020 324.054 -0.021
202603 -0.160 330.213 -0.162
202606 0.140 333.952 0.140

Add all the adjusted EPS together and divide 10 will get our 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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 16.62 mean?
China Steel (TPE:2002) has a Shiller PE Ratio of 16.62 as of Aug. 31, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on China Steel and its competitors. This is 12% below median its historical median of 18.84. Over the past decade, China Steel's Shiller PE Ratio has ranged from 15.00 to 41.62. According to the industry distribution chart, China Steel ranks #234 out of 411 companies in the Steel industry, placing it in the top 56.9%.
Is China Steel's Shiller PE Ratio too high?
China Steel's current Shiller PE Ratio of 16.62 is 12% below median its 10-year median of 18.84. Over the past 10 years, this metric has ranged from a low of 15.00 to a high of 41.62. The Steel industry median Shiller PE Ratio is 14.41. China Steel's value of 16.62 is 15.3% above this industry median. Based on the distribution chart, China Steel ranks #234 out of 411 companies in the Steel industry, which is below the industry midpoint. Overall, China Steel has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Steel's Shiller PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, China Steel ranks #234 out of 411 companies for Shiller PE Ratio. This places China Steel in the lower half of its industry. The industry median Shiller PE Ratio is 14.41. China Steel's value of 16.62 is 15.3% above this benchmark. Historically, China Steel's own Shiller PE Ratio has ranged from 15.00 to 41.62 over the past decade. While the company's 10-year median is 18.84 vs. the industry median of 14.41, China Steel 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 Shiller PE Ratio for a Steel company?
The median Shiller PE Ratio among Steel companies is 14.41, based on 411 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Steel's current Shiller PE Ratio of 16.62 is 15.3% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on China Steel and its competitors. For the Steel industry, the median Shiller PE Ratio is 14.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Steel's current Shiller PE Ratio is 16.62, which is 12% below median its own 10-year median of 18.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Steel stock overvalued right now?
Based on GuruFocus' analysis, China Steel (TPE:2002) is currently considered Fairly Valued. The stock's GF Value™ is NT$20.10, compared to a current price of NT$18.95 — trading 5.7% below its estimated fair value. The current Shiller PE Ratio is 16.62, which is 12% below median its 10-year median of 18.84 and 15.3% above the Steel industry median of 14.41. China Steel's overall GF Score™ is 72/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For China Steel (TPE:2002), the current Shiller PE Ratio is 16.62 as of Aug. 31, 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 China Steel (TPE:2002) Overvalued in 2026?

Based on GuruFocus' analysis, China Steel stock appears to be undervalued. The current stock price of NT$18.95 is trading 5.7% below its estimated GF Value™ of NT$20.10. GuruFocus considers China Steel to be Fairly Valued.

Key valuation signals for TPE:2002:

  • Shiller PE Ratio: 16.62 (12% below median its 10-year median of 18.84)
  • GF Value™: NT$20.10 vs. price of NT$18.95 (5.7% below fair value)
  • GF Score™: 72/100 with 10 warning signs
  • Industry Position: 15.3% above the Steel median (#234 of 411)

No single metric tells the full story. See the TPE:2002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Steel Business Description

Other Exchanges 2002A:TaiwanCNS:Germany
Address No. 1, Chung Kang Road, Hsiao Kang, Kaohsiung, TWN, 81233
China Steel Corp is a steelmaker in Taiwan. It manufactures and sells steel products and engages in mechanical, communications, and electrical engineering. The company's product portfolio includes plates, bars, wire rods, hot and cold rolled coils, electro-galvanized coils, electrical steel coils, and hot-dip galvanized coils. Along with its subsidiaries, the company operates in the following reportable segments: Steel Department and Non-Steel Department. A majority of its revenue is generated from the Steel department segment, which manufactures and sells steel products. Geographically, the company derives maximum revenue from Taiwan, followed by Vietnam, Malaysia, India, China, and other regions.
72GF Score

Get the complete analysis for TPE:2002

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

NT$18.95
Price
NT$20.10
GF Value