Tainet Communication System (ROCO:4905) E10: NT$4.61 (As of Mar. 2026)

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ROCO:4905 Tainet Communication System Corp ROCO:4905
45 GF Score
Price NT$93.10
! 10 Warning Signs
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What is Tainet Communication System E10?

Tainet Communication System ROCO:4905 +9.92% 45 E10 is NT$4.61 as of Mar. 2026. GuruFocus rates ROCO:4905 with a GF Score™ of 45/100. The stock has 10 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.

Tainet Communication System's adjusted earnings per share data for the three months ended in Mar. 2026 was NT$1.740. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$4.61 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tainet Communication System's average E10 Growth Rate was -2.90% per year. During the past 3 years, the average E10 Growth Rate was 8.80% per year. During the past 5 years, the average E10 Growth Rate was 8.80% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Tainet Communication System was 11.10% per year. The lowest was 1.90% per year. And the median was 9.45% per year.

As of today (2026-08-17), Tainet Communication System's current stock price is NT$93.10. Tainet Communication System's E10 for the quarter that ended in Mar. 2026 was NT$4.61. Tainet Communication System's Shiller PE Ratio of today is 20.20.

During the past 13 years, the highest Shiller PE Ratio of Tainet Communication System was 26.85. The lowest was 12.50. And the median was 16.41.


Tainet Communication System  (ROCO:4905) 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.

Tainet Communication System's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=93.10/4.61
=20.20

* 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 Tainet Communication System was 26.85. The lowest was 12.50. And the median was 16.41.


Be Aware

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


Tainet Communication System E10 Related Terms


Tainet Communication System E10 Historical Data

* Premium members only.

The historical data trend for Tainet Communication System'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.

Tainet Communication System E10 Chart

Tainet Communication System 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 3.43 3.65 4.35 4.70 4.70

Tainet Communication System 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 4.75 4.64 4.84 4.70 4.61

ROCO:4905 vs CSCO, MSI, HPE: E10 Comparison

For the Communication Equipment subindustry, Tainet Communication System'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.


Tainet Communication System Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Tainet Communication System's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tainet Communication System's Shiller PE Ratio falls into.


ROCO:4905
45GF Score
Tainet Communication System Corp ROCO:4905
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tainet Communication System 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, Tainet Communication System'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)
=1.74/330.2130*330.2130
=1.740

Current CPI (Mar. 2026) = 330.2130.

Tainet Communication System Quarterly Data

per share eps CPI Adj_EPS
201606 1.597 241.018 2.188
201609 3.217 241.428 4.400
201612 -0.085 241.432 -0.116
201703 1.089 243.801 1.475
201706 7.149 244.955 9.637
201709 9.943 246.819 13.302
201712 8.782 246.524 11.763
201803 -4.512 249.554 -5.970
201806 7.524 251.989 9.860
201809 -8.963 252.439 -11.724
201812 -4.500 251.233 -5.915
201903 2.649 254.202 3.441
201906 -1.077 256.143 -1.388
201909 1.355 256.759 1.743
201912 -1.374 256.974 -1.766
202003 -4.076 258.115 -5.215
202006 3.120 257.797 3.996
202009 1.489 260.280 1.889
202012 0.463 260.474 0.587
202103 2.770 264.877 3.453
202106 0.050 271.696 0.061
202109 -0.550 274.310 -0.662
202112 -0.800 278.802 -0.948
202203 -0.450 287.504 -0.517
202206 -1.180 296.311 -1.315
202209 -0.270 296.808 -0.300
202212 0.420 296.797 0.467
202303 2.190 301.836 2.396
202306 1.540 305.109 1.667
202309 1.810 307.789 1.942
202312 0.060 306.746 0.065
202403 1.740 312.332 1.840
202406 1.610 314.175 1.692
202409 -1.370 315.301 -1.435
202412 0.920 315.605 0.963
202503 0.360 319.799 0.372
202506 -1.900 322.561 -1.945
202509 3.310 324.800 3.365
202512 0.980 324.054 0.999
202603 1.740 330.213 1.740

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$4.61 mean?
Tainet Communication System (ROCO:4905) has a E10 of NT$4.61 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tainet Communication System and its competitors.
Is Tainet Communication System's E10 too high?
Tainet Communication System's current E10 is NT$4.61. Overall, Tainet Communication System has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Tainet Communication System's E10 compare to CSCO and MSI?
Tainet Communication System's E10 of NT$4.61 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Tainet Communication System and its competitors. Tainet Communication System's current E10 is NT$4.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tainet Communication System stock overvalued right now?
Tainet Communication System (ROCO:4905) has a current E10 of NT$4.61. The current E10 is NT$4.61. Tainet Communication System's overall GF Score™ is 45/100 with 10 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 Tainet Communication System (ROCO:4905), the current E10 is NT$4.61 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.

Tainet Communication System Business Description

Address No.108, Ruiguang Road, 3 floor, Huyuan Li, Neihu District, Taipei, TWN, 114
Tainet Communication System Corp is a manufacturer of digital transmission and switching equipment, data terminal equipment, line interface equipment (including telemetry devices), communication and traffic. Manufacturing, processing, trading and installation engineering business of replacement equipment, programmable power supplies, etc.
45GF Score

Get the complete analysis for ROCO:4905

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

NT$93.10
Price