Gold Rain Enterprises (ROCO:4503) E10: NT$0.03 (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:4503 Gold Rain Enterprises Corp ROCO:4503
64 GF Score
Price NT$36.00
GF Value NT$95.22
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Gold Rain Enterprises E10?

Gold Rain Enterprises ROCO:4503 -6.98% 64 E10 is NT$0.03 as of Dec. 2025. GuruFocus rates ROCO:4503 with a GF Score™ of 64/100 and a GF Value™ of NT$95.22 (Significantly Undervalued). 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.

Gold Rain Enterprises's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.03 for the trailing ten years ended in Dec. 2025.

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 (2026-07-17), Gold Rain Enterprises's current stock price is NT$36.00. Gold Rain Enterprises's E10 for the quarter that ended in Dec. 2025 was NT$0.03. Gold Rain Enterprises's Shiller PE Ratio of today is 1,200.00.

During the past 13 years, the highest Shiller PE Ratio of Gold Rain Enterprises was 3118.38. The lowest was 106.68. And the median was 742.24.


Gold Rain Enterprises  (ROCO:4503) 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.

Gold Rain Enterprises's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=36.00/0.03
=1,200.00

* 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 Gold Rain Enterprises was 3118.38. The lowest was 106.68. And the median was 742.24.


Be Aware

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


Gold Rain Enterprises E10 Related Terms


Gold Rain Enterprises E10 Historical Data

* Premium members only.

The historical data trend for Gold Rain Enterprises'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.

Gold Rain Enterprises E10 Chart

Gold Rain Enterprises 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 0.01 -0.07 -0.09 -0.12 0.03

Gold Rain Enterprises 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 -0.12 -0.11 -0.13 -0.05 0.03

Gold Rain Enterprises E10 Competitor Comparison

For the Business Equipment & Supplies subindustry, Gold Rain Enterprises'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.


Gold Rain Enterprises Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gold Rain Enterprises's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gold Rain Enterprises's Shiller PE Ratio falls into.


ROCO:4503
64GF Score
Gold Rain Enterprises Corp ROCO:4503
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gold Rain Enterprises 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, Gold Rain Enterprises'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)
=0.56/324.0540*324.0540
=0.560

Current CPI (Dec. 2025) = 324.0540.

Gold Rain Enterprises Quarterly Data

per share eps CPI Adj_EPS
201603 0.154 238.132 0.210
201606 0.174 241.018 0.234
201609 0.005 241.428 0.007
201612 0.024 241.432 0.032
201703 0.294 243.801 0.391
201706 0.328 244.955 0.434
201709 0.337 246.819 0.442
201712 0.067 246.524 0.088
201803 0.171 249.554 0.222
201806 0.386 251.989 0.496
201809 0.125 252.439 0.160
201812 0.212 251.233 0.273
201903 0.228 254.202 0.291
201906 0.202 256.143 0.256
201909 0.106 256.759 0.134
201912 0.106 256.974 0.134
202003 0.087 258.115 0.109
202006 0.125 257.797 0.157
202009 -0.270 260.280 -0.336
202012 -0.231 260.474 -0.287
202103 -0.116 264.877 -0.142
202106 -0.193 271.696 -0.230
202109 -0.202 274.310 -0.239
202112 -0.308 278.802 -0.358
202203 -0.347 287.504 -0.391
202206 -0.193 296.311 -0.211
202209 -0.145 296.808 -0.158
202212 -0.145 296.797 -0.158
202303 -0.280 301.836 -0.301
202306 -0.270 305.109 -0.287
202309 -0.193 307.789 -0.203
202312 -0.528 306.746 -0.558
202403 -0.300 312.332 -0.311
202406 -0.060 314.175 -0.062
202409 -0.290 315.301 -0.298
202412 -0.620 315.605 -0.637
202503 0.004 319.799 0.004
202506 -0.070 322.561 -0.070
202509 0.880 324.800 0.878
202512 0.560 324.054 0.560

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$0.03 mean?
Gold Rain Enterprises (ROCO:4503) has a E10 of NT$0.03 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gold Rain Enterprises and its competitors.
Is Gold Rain Enterprises' E10 too high?
Gold Rain Enterprises' current E10 is NT$0.03. Overall, Gold Rain Enterprises has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gold Rain Enterprises' E10 compare to competitors?
Gold Rain Enterprises' E10 of NT$0.03 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 Gold Rain Enterprises and its competitors. Gold Rain Enterprises's current E10 is NT$0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Rain Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Gold Rain Enterprises (ROCO:4503) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$95.22, compared to a current price of NT$36.00 — trading 62.2% below its estimated fair value. The current E10 is NT$0.03. Gold Rain Enterprises' overall GF Score™ is 64/100 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 Gold Rain Enterprises (ROCO:4503), the current E10 is NT$0.03 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 Gold Rain Enterprises (ROCO:4503) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Rain Enterprises stock appears to be undervalued. The current stock price of NT$36.00 is trading 62.2% below its estimated GF Value™ of NT$95.22. GuruFocus considers Gold Rain Enterprises to be Significantly Undervalued.

Key valuation signals for ROCO:4503:

  • E10: NT$0.03
  • GF Value™: NT$95.22 vs. price of NT$36.00 (62.2% below fair value)
  • GF Score™: 64/100 with 1 warning sign

No single metric tells the full story. See the ROCO:4503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gold Rain Enterprises Business Description

Address Lane 411, Punei Street, No. 101, Yanhe Village, Changhua County, Changhua, TWN, 500024
Gold Rain Enterprises Corp is a Taiwan-based manufacturer of vending machines. It offers various service machines comprising digital vending machines, post machines, digital photo printers, knocking gamers, lottery machines, parking ticket machines, and coin meters. In addition to the research and development and manufacturing of vending machines, it provides a complete line of mechanical foundry and assembly services with full production line tools, such as various types of molds, punching beds, laser cutting, painting, welding, and assembly lines. Geographically, the company generates maximum revenue from Taiwan and the rest from other parts of Asia.
64GF Score

Get the complete analysis for ROCO:4503

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

NT$36.00
Price
NT$95.22
GF Value