Chia Yi Steel Co (ROCO:2067) E10: NT$-1.20 (As of Mar. 2026)

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ROCO:2067 Chia Yi Steel Co Ltd ROCO:2067
33 GF Score
Price NT$6.41
GF Value NT$9.66
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Chia Yi Steel Co E10?

Chia Yi Steel Co ROCO:2067 -0.47% 33 E10 is NT$-1.20 as of Mar. 2026. GuruFocus rates ROCO:2067 with a GF Score™ of 33/100 and a GF Value™ of NT$9.66 (Possible Value Trap). The stock has 6 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.

Chia Yi Steel Co's adjusted earnings per share data for the three months ended in Mar. 2026 was NT$-0.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-1.20 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -29.10% 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 Chia Yi Steel Co was -29.10% per year. The lowest was -40.80% per year. And the median was -34.95% per year.

As of today (2026-08-07), Chia Yi Steel Co's current stock price is NT$6.41. Chia Yi Steel Co's E10 for the quarter that ended in Mar. 2026 was NT$-1.20. Chia Yi Steel Co's Shiller PE Ratio of today is .


Chia Yi Steel Co  (ROCO:2067) 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.


Be Aware

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


Chia Yi Steel Co E10 Related Terms


Chia Yi Steel Co E10 Historical Data

* Premium members only.

The historical data trend for Chia Yi Steel 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.

Chia Yi Steel Co E10 Chart

Chia Yi Steel 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 -0.43 -0.53 -0.76 -1.20 -1.14

Chia Yi Steel Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -1.21 -1.17 -1.25 -1.14 -1.20

ROCO:2067 vs CRS, ATI, MLI: E10 Comparison

For the Metal Fabrication subindustry, Chia Yi Steel 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.


Chia Yi Steel Co Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chia Yi Steel Co's Shiller PE Ratio distribution charts can be found below:

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


ROCO:2067
33GF Score
Chia Yi Steel Co Ltd ROCO:2067
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chia Yi Steel 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, Chia Yi Steel Co's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.68/330.2130*330.2130
=-0.680

Current CPI (Mar. 2026) = 330.2130.

Chia Yi Steel Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.561 241.018 0.769
201609 -0.758 241.428 -1.037
201612 -0.556 241.432 -0.760
201703 -0.920 243.801 -1.246
201706 -0.610 244.955 -0.822
201709 0.130 246.819 0.174
201712 0.030 246.524 0.040
201803 0.100 249.554 0.132
201806 0.480 251.989 0.629
201809 0.440 252.439 0.576
201812 0.390 251.233 0.513
201903 -0.200 254.202 -0.260
201906 0.080 256.143 0.103
201909 -0.580 256.759 -0.746
201912 -0.550 256.974 -0.707
202003 -0.460 258.115 -0.588
202006 -0.260 257.797 -0.333
202009 -0.140 260.280 -0.178
202012 -0.020 260.474 -0.025
202103 0.040 264.877 0.050
202106 0.010 271.696 0.012
202109 -0.010 274.310 -0.012
202112 -0.280 278.802 -0.332
202203 -0.210 287.504 -0.241
202206 -0.060 296.311 -0.067
202209 -0.220 296.808 -0.245
202212 -0.120 296.797 -0.134
202303 0.010 301.836 0.011
202306 0.010 305.109 0.011
202309 -0.003 307.789 -0.003
202312 -0.770 306.746 -0.829
202403 -0.870 312.332 -0.920
202406 -0.610 314.175 -0.641
202409 -0.600 315.301 -0.628
202412 -0.660 315.605 -0.691
202503 -0.630 319.799 -0.651
202506 -0.830 322.561 -0.850
202509 -1.030 324.800 -1.047
202512 -0.310 324.054 -0.316
202603 -0.680 330.213 -0.680

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$-1.20 mean?
Chia Yi Steel Co (ROCO:2067) has a E10 of NT$-1.20 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Chia Yi Steel Co and its competitors.
Is Chia Yi Steel Co's E10 too high?
Chia Yi Steel Co's current E10 is NT$-1.20. Overall, Chia Yi Steel Co has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chia Yi Steel Co's E10 compare to CRS and ATI?
Chia Yi Steel Co's E10 of NT$-1.20 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good E10 depends on the Industrial Products 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 Chia Yi Steel Co and its competitors. Chia Yi Steel Co's current E10 is NT$-1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chia Yi Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Chia Yi Steel Co (ROCO:2067) is currently considered Possible Value Trap. The stock's GF Value™ is NT$9.66, compared to a current price of NT$6.41 — trading 33.6% below its estimated fair value. The current E10 is NT$-1.20. Chia Yi Steel Co's overall GF Score™ is 33/100 with 6 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 Chia Yi Steel Co (ROCO:2067), the current E10 is NT$-1.20 as of Mar. 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 Chia Yi Steel Co (ROCO:2067) Overvalued in 2026?

Based on GuruFocus' analysis, Chia Yi Steel Co stock appears to be undervalued. The current stock price of NT$6.41 is trading 33.6% below its estimated GF Value™ of NT$9.66. GuruFocus considers Chia Yi Steel Co to be Possible Value Trap.

Key valuation signals for ROCO:2067:

  • E10: NT$-1.20
  • GF Value™: NT$9.66 vs. price of NT$6.41 (33.6% below fair value)
  • GF Score™: 33/100 with 6 warning signs

No single metric tells the full story. See the ROCO:2067 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chia Yi Steel Co Business Description

Address No. 21, Chenggong 2nd Street, Beidou Village, Chiayi County, Minxiong, TWN, 62155
Chia Yi Steel Co Ltd is engaged in the casting; processing and trading of various cast irons. Its products include hydraulic parts, industrial parts, and car parts. The company covers mechanical parts, hydraulic valve bodies, compressors, transporters, construction machinery, agricultural machinery, ships, cranes, engines, transmissions, braking systems, spring brackets, and other parts. It also produces railway parts, Elevator pulleys, pumps, bolt mechanical parts, and product assembly operations. The company supplies its products to Asia; European and American countries.
33GF Score

Get the complete analysis for ROCO:2067

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

NT$6.41
Price
NT$9.66
GF Value