St Shine Optical Co (ROCO:1565) E10: NT$26.17 (As of Dec. 2025)

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.

ROCO:1565 St Shine Optical Co Ltd ROCO:1565
67 GF Score
Price NT$95.80
GF Value NT$171.33
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is St Shine Optical Co E10?

St Shine Optical Co ROCO:1565 -0.93% 67 E10 is NT$26.17 as of Dec. 2025. GuruFocus rates ROCO:1565 with a GF Score™ of 67/100 and a GF Value™ of NT$171.33 (Possible Value Trap). 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.

St Shine Optical Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$2.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$26.17 for the trailing ten years ended in Dec. 2025.

During the past 12 months, St Shine Optical Co's average E10 Growth Rate was -8.00% per year. During the past 3 years, the average E10 Growth Rate was -6.70% per year. During the past 5 years, the average E10 Growth Rate was -2.80% 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 St Shine Optical Co was 2.40% per year. The lowest was -6.70% per year. And the median was 0.40% per year.

As of today (2026-07-17), St Shine Optical Co's current stock price is NT$95.80. St Shine Optical Co's E10 for the quarter that ended in Dec. 2025 was NT$26.17. St Shine Optical Co's Shiller PE Ratio of today is 3.66.

During the past 13 years, the highest Shiller PE Ratio of St Shine Optical Co was 20.30. The lowest was 3.58. And the median was 8.00.


St Shine Optical Co  (ROCO:1565) 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.

St Shine Optical Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=95.80/26.17
=3.66

* 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 St Shine Optical Co was 20.30. The lowest was 3.58. And the median was 8.00.


Be Aware

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


St Shine Optical Co E10 Related Terms


St Shine Optical Co E10 Historical Data

* Premium members only.

The historical data trend for St Shine Optical 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.

St Shine Optical Co E10 Chart

St Shine Optical 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 31.27 32.23 30.24 28.45 26.17

St Shine Optical 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 28.45 28.40 27.93 27.12 26.17

ROCO:1565 vs ISRG, BDX, MDLN: E10 Comparison

For the Medical Instruments & Supplies subindustry, St Shine Optical 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.


St Shine Optical Co Shiller PE Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, St Shine Optical Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where St Shine Optical Co's Shiller PE Ratio falls into.


ROCO:1565
67GF Score
St Shine Optical Co Ltd ROCO:1565
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

St Shine Optical 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, St Shine Optical 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)
=2.28/324.0540*324.0540
=2.280

Current CPI (Dec. 2025) = 324.0540.

St Shine Optical Co Quarterly Data

per share eps CPI Adj_EPS
201603 8.100 238.132 11.023
201606 8.710 241.018 11.711
201609 8.800 241.428 11.812
201612 9.500 241.432 12.751
201703 4.810 243.801 6.393
201706 8.980 244.955 11.880
201709 9.820 246.819 12.893
201712 7.830 246.524 10.292
201803 6.970 249.554 9.051
201806 9.470 251.989 12.178
201809 8.250 252.439 10.590
201812 8.220 251.233 10.603
201903 7.640 254.202 9.739
201906 6.180 256.143 7.818
201909 5.490 256.759 6.929
201912 6.110 256.974 7.705
202003 4.970 258.115 6.240
202006 2.810 257.797 3.532
202009 2.380 260.280 2.963
202012 4.540 260.474 5.648
202103 4.470 264.877 5.469
202106 4.180 271.696 4.986
202109 5.590 274.310 6.604
202112 4.450 278.802 5.172
202203 5.840 287.504 6.582
202206 4.780 296.311 5.228
202209 5.950 296.808 6.496
202212 3.520 296.797 3.843
202303 3.210 301.836 3.446
202306 2.730 305.109 2.900
202309 2.720 307.789 2.864
202312 2.100 306.746 2.218
202403 3.740 312.332 3.880
202406 2.660 314.175 2.744
202409 3.880 315.301 3.988
202412 4.440 315.605 4.559
202503 3.410 319.799 3.455
202506 0.570 322.561 0.573
202509 2.670 324.800 2.664
202512 2.280 324.054 2.280

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$26.17 mean?
St Shine Optical Co (ROCO:1565) has a E10 of NT$26.17 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on St Shine Optical Co and its competitors.
Is St Shine Optical Co's E10 too high?
St Shine Optical Co's current E10 is NT$26.17. Overall, St Shine Optical Co has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does St Shine Optical Co's E10 compare to ISRG and BDX?
St Shine Optical Co's E10 of NT$26.17 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good E10 depends on the Medical Devices & Instruments 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 St Shine Optical Co and its competitors. St Shine Optical Co's current E10 is NT$26.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is St Shine Optical Co stock overvalued right now?
Based on GuruFocus' analysis, St Shine Optical Co (ROCO:1565) is currently considered Possible Value Trap. The stock's GF Value™ is NT$171.33, compared to a current price of NT$95.80 — trading 44.1% below its estimated fair value. The current E10 is NT$26.17. St Shine Optical Co's overall GF Score™ is 67/100 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 St Shine Optical Co (ROCO:1565), the current E10 is NT$26.17 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 St Shine Optical Co (ROCO:1565) Overvalued in 2026?

Based on GuruFocus' analysis, St Shine Optical Co stock appears to be undervalued. The current stock price of NT$95.80 is trading 44.1% below its estimated GF Value™ of NT$171.33. GuruFocus considers St Shine Optical Co to be Possible Value Trap.

Key valuation signals for ROCO:1565:

  • E10: NT$26.17
  • GF Value™: NT$171.33 vs. price of NT$95.80 (44.1% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the ROCO:1565 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


St Shine Optical Co Business Description

Address Datong Road, 5th Floor, No. 276, Section 1, Xizhi District, New Taipei City, TWN, 22146
St Shine Optical Co Ltd is engaged in the manufacturing and trading of contact lenses (soft and hard), optical lenses, and related products. Geographically, the company generates maximum of its revenue from Asia (excluding Taiwan), followed by Europe, Taiwan, and America.
67GF Score

Get the complete analysis for ROCO:1565

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

NT$95.80
Price
NT$171.33
GF Value