Grand Process Technology (ROCO:3131) E10: NT$23.91 (As of Dec. 2025)

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ROCO:3131 Grand Process Technology Corp ROCO:3131
81 GF Score
Price NT$2,930.00
GF Value NT$1,905.18
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Grand Process Technology E10?

Grand Process Technology ROCO:3131 -9.98% 81 E10 is NT$23.91 as of Dec. 2025. GuruFocus rates ROCO:3131 with a GF Score™ of 81/100 and a GF Value™ of NT$1,905.18 (Significantly Overvalued). The stock has 1 warning sign 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.

Grand Process Technology's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$17.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$23.91 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Grand Process Technology's average E10 Growth Rate was 13.00% per year. During the past 3 years, the average E10 Growth Rate was 7.80% per year. During the past 5 years, the average E10 Growth Rate was 9.20% 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 Grand Process Technology was 10.00% per year. The lowest was 7.40% per year. And the median was 8.60% per year.

As of today (2026-07-17), Grand Process Technology's current stock price is NT$2930.00. Grand Process Technology's E10 for the quarter that ended in Dec. 2025 was NT$23.91. Grand Process Technology's Shiller PE Ratio of today is 122.54.

During the past 13 years, the highest Shiller PE Ratio of Grand Process Technology was 158.30. The lowest was 9.17. And the median was 25.86.


Grand Process Technology  (ROCO:3131) 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.

Grand Process Technology's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2930.00/23.91
=122.54

* 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 Grand Process Technology was 158.30. The lowest was 9.17. And the median was 25.86.


Be Aware

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


Grand Process Technology E10 Related Terms


Grand Process Technology E10 Historical Data

* Premium members only.

The historical data trend for Grand Process Technology'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.

Grand Process Technology E10 Chart

Grand Process Technology 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 17.07 19.11 19.26 21.15 23.91

Grand Process Technology 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 21.15 21.91 22.45 22.98 23.91

ROCO:3131 vs AMAT, LRCX, KLAC: E10 Comparison

For the Semiconductor Equipment & Materials subindustry, Grand Process Technology'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.


Grand Process Technology Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Grand Process Technology's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Grand Process Technology's Shiller PE Ratio falls into.


ROCO:3131
81GF Score
Grand Process Technology Corp ROCO:3131
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grand Process Technology 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, Grand Process Technology'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)
=17.86/324.0540*324.0540
=17.860

Current CPI (Dec. 2025) = 324.0540.

Grand Process Technology Quarterly Data

per share eps CPI Adj_EPS
201603 3.720 238.132 5.062
201606 2.980 241.018 4.007
201609 2.790 241.428 3.745
201612 6.250 241.432 8.389
201703 2.870 243.801 3.815
201706 6.150 244.955 8.136
201709 4.840 246.819 6.355
201712 1.270 246.524 1.669
201803 2.390 249.554 3.103
201806 3.380 251.989 4.347
201809 2.820 252.439 3.620
201812 2.600 251.233 3.354
201903 2.330 254.202 2.970
201906 2.590 256.143 3.277
201909 3.190 256.759 4.026
201912 3.110 256.974 3.922
202003 2.360 258.115 2.963
202006 3.540 257.797 4.450
202009 4.050 260.280 5.042
202012 3.910 260.474 4.864
202103 4.820 264.877 5.897
202106 5.050 271.696 6.023
202109 5.110 274.310 6.037
202112 8.370 278.802 9.729
202203 5.850 287.504 6.594
202206 6.170 296.311 6.748
202209 7.920 296.808 8.647
202212 5.130 296.797 5.601
202303 4.060 301.836 4.359
202306 5.320 305.109 5.650
202309 5.520 307.789 5.812
202312 6.540 306.746 6.909
202403 5.980 312.332 6.204
202406 7.030 314.175 7.251
202409 7.410 315.301 7.616
202412 8.570 315.605 8.799
202503 8.710 319.799 8.826
202506 7.040 322.561 7.073
202509 10.390 324.800 10.366
202512 17.860 324.054 17.860

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$23.91 mean?
Grand Process Technology (ROCO:3131) has a E10 of NT$23.91 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Grand Process Technology and its competitors.
Is Grand Process Technology's E10 too high?
Grand Process Technology's current E10 is NT$23.91. Overall, Grand Process Technology has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Process Technology's E10 compare to AMAT and LRCX?
Grand Process Technology's E10 of NT$23.91 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good E10 depends on the Semiconductors 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 Grand Process Technology and its competitors. Grand Process Technology's current E10 is NT$23.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Process Technology stock overvalued right now?
Based on GuruFocus' analysis, Grand Process Technology (ROCO:3131) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1,905.18, compared to a current price of NT$2,930.00 — trading 53.8% above its estimated fair value. The current E10 is NT$23.91. Grand Process Technology's overall GF Score™ is 81/100 with 1 warning sign 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 Grand Process Technology (ROCO:3131), the current E10 is NT$23.91 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 Grand Process Technology (ROCO:3131) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Process Technology stock appears to be overvalued. The current stock price of NT$2,930.00 is trading 53.8% above its estimated GF Value™ of NT$1,905.18. GuruFocus considers Grand Process Technology to be Significantly Overvalued.

Key valuation signals for ROCO:3131:

  • E10: NT$23.91
  • GF Value™: NT$1,905.18 vs. price of NT$2,930.00 (53.8% above fair value)
  • GF Score™: 81/100 with 1 warning sign

No single metric tells the full story. See the ROCO:3131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grand Process Technology Business Description

Address No.89, Sec. 6, Zhonghua Road, Xiangshan District, Hsinchu, TWN, 300104
Grand Process Technology Corp operates in semiconductor wet processing equipment industry. The company provides wet process system integration for wafer level package such as wet station, glass slimming machine, flux clean, scrubber, single wafer processors, mask cleaner and others. It also manufactures electrical components and installs semiconductor relative machines.
81GF Score

Get the complete analysis for ROCO:3131

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

NT$2,930.00
Price
NT$1,905.18
GF Value