JD Development Co (ROCO:4402) E10: NT$-0.02 (As of Dec. 2025)


ROCO:4402 JD Development Co Ltd ROCO:4402
54 GF Score
Price NT$16.00
GF Value NT$8.87
Valuation Significantly Overvalued
! 2 Warning Signs
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What is JD Development Co E10?

JD Development Co ROCO:4402 54 E10 is NT$-0.02 as of Dec. 2025. GuruFocus rates ROCO:4402 with a GF Score™ of 54/100 and a GF Value™ of NT$8.87 (Significantly Overvalued). The stock has 2 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.

JD Development Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$-0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-0.02 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average E10 Growth Rate was 76.60% per year. During the past 5 years, the average E10 Growth Rate was 53.10% 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 JD Development Co was 76.60% per year. The lowest was -13.40% per year. And the median was 25.70% per year.

As of today (2026-07-12), JD Development Co's current stock price is NT$16.00. JD Development Co's E10 for the quarter that ended in Dec. 2025 was NT$-0.02. JD Development Co's Shiller PE Ratio of today is .


JD Development Co  (ROCO:4402) 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.


JD Development Co E10 Related Terms


JD Development Co E10 Historical Data

* Premium members only.

The historical data trend for JD Development 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.

JD Development Co E10 Chart

JD Development 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 -1.96 -1.56 -0.95 -0.61 -0.02

JD Development 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 -0.61 -0.50 -0.37 -0.20 -0.02

JD Development Co E10 Competitor Comparison

For the Textile Manufacturing subindustry, JD Development 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.


JD Development Co Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, JD Development Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where JD Development Co's Shiller PE Ratio falls into.


ROCO:4402
54GF Score
JD Development Co Ltd ROCO:4402
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JD Development 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, JD Development 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)
=-0.02/324.0540*324.0540
=-0.020

Current CPI (Dec. 2025) = 324.0540.

JD Development Co Quarterly Data

per share eps CPI Adj_EPS
201603 -0.610 238.132 -0.830
201606 -0.520 241.018 -0.699
201609 2.500 241.428 3.356
201612 -0.230 241.432 -0.309
201703 -0.400 243.801 -0.532
201706 -0.410 244.955 -0.542
201709 -0.600 246.819 -0.788
201712 0.370 246.524 0.486
201803 -0.770 249.554 -1.000
201806 -2.320 251.989 -2.983
201809 -1.010 252.439 -1.297
201812 -0.404 251.233 -0.521
201903 8.330 254.202 10.619
201906 -0.470 256.143 -0.595
201909 -0.690 256.759 -0.871
201912 -0.352 256.974 -0.444
202003 -0.070 258.115 -0.088
202006 -0.320 257.797 -0.402
202009 -0.330 260.280 -0.411
202012 -0.370 260.474 -0.460
202103 -0.150 264.877 -0.184
202106 -0.370 271.696 -0.441
202109 -0.220 274.310 -0.260
202112 -0.120 278.802 -0.139
202203 -0.200 287.504 -0.225
202206 0.140 296.311 0.153
202209 0.150 296.808 0.164
202212 -0.260 296.797 -0.284
202303 -0.140 301.836 -0.150
202306 -0.090 305.109 -0.096
202309 0.080 307.789 0.084
202312 -0.290 306.746 -0.306
202403 -0.100 312.332 -0.104
202406 -0.150 314.175 -0.155
202409 -0.050 315.301 -0.051
202412 0.210 315.605 0.216
202503 -0.030 319.799 -0.030
202506 -0.040 322.561 -0.040
202509 -0.040 324.800 -0.040
202512 -0.020 324.054 -0.020

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$-0.02 mean?
JD Development Co (ROCO:4402) has a E10 of NT$-0.02 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on JD Development Co and its competitors.
Is JD Development Co's E10 too high?
JD Development Co's current E10 is NT$-0.02. Overall, JD Development Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JD Development Co's E10 compare to competitors?
JD Development Co's E10 of NT$-0.02 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 JD Development Co and its competitors. JD Development Co's current E10 is NT$-0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JD Development Co stock overvalued right now?
Based on GuruFocus' analysis, JD Development Co (ROCO:4402) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.87, compared to a current price of NT$16.00 — trading 80.4% above its estimated fair value. The current E10 is NT$-0.02. JD Development Co's overall GF Score™ is 54/100 with 2 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 JD Development Co (ROCO:4402), the current E10 is NT$-0.02 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 JD Development Co (ROCO:4402) Overvalued in 2026?

Based on GuruFocus' analysis, JD Development Co stock appears to be overvalued. The current stock price of NT$16.00 is trading 80.4% above its estimated GF Value™ of NT$8.87. GuruFocus considers JD Development Co to be Significantly Overvalued.

Key valuation signals for ROCO:4402:

  • E10: NT$-0.02
  • GF Value™: NT$8.87 vs. price of NT$16.00 (80.4% above fair value)
  • GF Score™: 54/100 with 2 warning signs

No single metric tells the full story. See the ROCO:4402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JD Development Co Business Description

Address Zhongzheng 4th Road, 9th Floor -1, No. 151, Qianjin District, Kaohsiung, TWN, 801
JD Development Co Ltd business activities are cotton woven fabric manufacturing, silk weaving, linen weaving, cotton weaving, woolen fabric wholesale and renewable energy power generation. The company has two segments Textile Department: mainly engaged in the manufacturing, trading, and processing of textile products; and Electricity Sales Department: mainly engaged in electricity generation from solar power equipment. The company generates majority of revenue from textile department segment. Its products are Textile, Green Energy, and Medical Materials. The company has presence in Taiwan and Asia. The company generates majority of revenue from Taiwan.
54GF Score

Get the complete analysis for ROCO:4402

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

NT$16.00
Price
NT$8.87
GF Value