Hoya Resort Hotel Group (ROCO:2736) E10: NT$-0.43 (As of Dec. 2025)


ROCO:2736 Hoya Resort Hotel Group ROCO:2736
54 GF Score
Price NT$11.80
GF Value NT$16.23
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hoya Resort Hotel Group E10?

Hoya Resort Hotel Group ROCO:2736 54 E10 is NT$-0.43 as of Dec. 2025. GuruFocus rates ROCO:2736 with a GF Score™ of 54/100 and a GF Value™ of NT$16.23 (Modestly Undervalued). 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.

Hoya Resort Hotel Group's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$-0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-0.43 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Hoya Resort Hotel Group's average E10 Growth Rate was -187.80% 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.

As of today (2026-07-13), Hoya Resort Hotel Group's current stock price is NT$11.80. Hoya Resort Hotel Group's E10 for the quarter that ended in Dec. 2025 was NT$-0.43. Hoya Resort Hotel Group's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Hoya Resort Hotel Group was 56.06. The lowest was 16.52. And the median was 28.09.


Hoya Resort Hotel Group  (ROCO:2736) 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.

During the past 13 years, the highest Shiller P/E Ratio of Hoya Resort Hotel Group was 56.06. The lowest was 16.52. And the median was 28.09.


Be Aware

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


Hoya Resort Hotel Group E10 Related Terms


Hoya Resort Hotel Group E10 Historical Data

* Premium members only.

The historical data trend for Hoya Resort Hotel Group'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.

Hoya Resort Hotel Group E10 Chart

Hoya Resort Hotel Group 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 0.00 1.17 1.05 0.49 -0.43

Hoya Resort Hotel Group 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 0.49 0.33 -0.10 -0.27 -0.43

ROCO:2736 vs MAR, HLT, H: E10 Comparison

For the Lodging subindustry, Hoya Resort Hotel Group'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.


Hoya Resort Hotel Group Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hoya Resort Hotel Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hoya Resort Hotel Group's Shiller PE Ratio falls into.


ROCO:2736
54GF Score
Hoya Resort Hotel Group ROCO:2736
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoya Resort Hotel Group 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, Hoya Resort Hotel Group'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)
=-0.16/324.0540*324.0540
=-0.160

Current CPI (Dec. 2025) = 324.0540.

Hoya Resort Hotel Group Quarterly Data

per share eps CPI Adj_EPS
201603 1.149 238.132 1.564
201606 -0.009 241.018 -0.012
201609 -0.160 241.428 -0.215
201612 -0.151 241.432 -0.203
201703 0.405 243.801 0.538
201706 -0.339 244.955 -0.448
201709 -0.094 246.819 -0.123
201712 -0.171 246.524 -0.225
201803 -0.066 249.554 -0.086
201806 -0.283 251.989 -0.364
201809 -0.311 252.439 -0.399
201812 0.075 251.233 0.097
201903 0.207 254.202 0.264
201906 -0.462 256.143 -0.584
201909 -0.179 256.759 -0.226
201912 0.308 256.974 0.388
202003 -0.228 258.115 -0.286
202006 -0.876 257.797 -1.101
202009 0.763 260.280 0.950
202012 0.509 260.474 0.633
202103 0.433 264.877 0.530
202106 -0.659 271.696 -0.786
202109 -0.980 274.310 -1.158
202112 0.556 278.802 0.646
202203 0.452 287.504 0.509
202206 -0.697 296.311 -0.762
202209 0.404 296.808 0.441
202212 0.067 296.797 0.073
202303 0.740 301.836 0.794
202306 -0.240 305.109 -0.255
202309 -0.500 307.789 -0.526
202312 -0.440 306.746 -0.465
202403 -0.130 312.332 -0.135
202406 -1.040 314.175 -1.073
202409 -0.910 315.301 -0.935
202412 0.360 315.605 0.370
202503 -0.150 319.799 -0.152
202506 -0.630 322.561 -0.633
202509 -0.800 324.800 -0.798
202512 -0.160 324.054 -0.160

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$-0.43 mean?
Hoya Resort Hotel Group (ROCO:2736) has a E10 of NT$-0.43 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hoya Resort Hotel Group and its competitors.
Is Hoya Resort Hotel Group's E10 too high?
Hoya Resort Hotel Group's current E10 is NT$-0.43. Overall, Hoya Resort Hotel Group has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoya Resort Hotel Group's E10 compare to MAR and HLT?
Hoya Resort Hotel Group's E10 of NT$-0.43 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good E10 depends on the Travel & Leisure 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 Hoya Resort Hotel Group and its competitors. Hoya Resort Hotel Group's current E10 is NT$-0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoya Resort Hotel Group stock overvalued right now?
Based on GuruFocus' analysis, Hoya Resort Hotel Group (ROCO:2736) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$16.23, compared to a current price of NT$11.80 — trading 27.3% below its estimated fair value. The current E10 is NT$-0.43. Hoya Resort Hotel Group's overall GF Score™ is 54/100 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 Hoya Resort Hotel Group (ROCO:2736), the current E10 is NT$-0.43 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 Hoya Resort Hotel Group (ROCO:2736) Overvalued in 2026?

Based on GuruFocus' analysis, Hoya Resort Hotel Group stock appears to be undervalued. The current stock price of NT$11.80 is trading 27.3% below its estimated GF Value™ of NT$16.23. GuruFocus considers Hoya Resort Hotel Group to be Modestly Undervalued.

Key valuation signals for ROCO:2736:

  • E10: NT$-0.43
  • GF Value™: NT$16.23 vs. price of NT$11.80 (27.3% below fair value)
  • GF Score™: 54/100 with 6 warning signs

No single metric tells the full story. See the ROCO:2736 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hoya Resort Hotel Group Business Description

Address No. 38, Fuxing Road, 6th Floor, Taitung, TWN, 954
Hoya Resort Hotel Group operates hotels and resorts in Taiwan. Some of the Hotels of the company include Hoya Hot Springs Resort & Spa, Goya Hot Springs Hotel & Spa, Hoya Resort Hotel Wuling, Hoya Resort Hotel Hualien and Hoya Resort Hotel Taitung.
54GF Score

Get the complete analysis for ROCO:2736

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

NT$11.80
Price
NT$16.23
GF Value