APAC Opto Electronics (ROCO:4908) E10: NT$2.33 (As of Dec. 2025)

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ROCO:4908 APAC Opto Electronics Inc ROCO:4908
64 GF Score
Price NT$155.50
GF Value NT$74.36
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is APAC Opto Electronics E10?

APAC Opto Electronics ROCO:4908 +0.65% 64 E10 is NT$2.33 as of Dec. 2025. GuruFocus rates ROCO:4908 with a GF Score™ of 64/100 and a GF Value™ of NT$74.36 (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.

APAC Opto Electronics's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.33 for the trailing ten years ended in Dec. 2025.

During the past 12 months, APAC Opto Electronics's average E10 Growth Rate was 6.90% per year. During the past 3 years, the average E10 Growth Rate was 3.90% per year. During the past 5 years, the average E10 Growth Rate was 4.30% 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 APAC Opto Electronics was 4.90% per year. The lowest was 1.50% per year. And the median was 4.10% per year.

As of today (2026-07-16), APAC Opto Electronics's current stock price is NT$155.50. APAC Opto Electronics's E10 for the quarter that ended in Dec. 2025 was NT$2.33. APAC Opto Electronics's Shiller PE Ratio of today is 66.74.

During the past 13 years, the highest Shiller PE Ratio of APAC Opto Electronics was 114.59. The lowest was 12.21. And the median was 20.28.


APAC Opto Electronics  (ROCO:4908) 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.

APAC Opto Electronics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=155.50/2.33
=66.74

* 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 APAC Opto Electronics was 114.59. The lowest was 12.21. And the median was 20.28.


Be Aware

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


APAC Opto Electronics E10 Related Terms


APAC Opto Electronics E10 Historical Data

* Premium members only.

The historical data trend for APAC Opto Electronics'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.

APAC Opto Electronics E10 Chart

APAC Opto Electronics 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 1.92 2.08 2.18 2.18 2.33

APAC Opto Electronics 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 2.18 2.25 2.27 2.30 2.33

ROCO:4908 vs CSCO, CIEN, MSI: E10 Comparison

For the Communication Equipment subindustry, APAC Opto Electronics'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.


APAC Opto Electronics Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, APAC Opto Electronics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where APAC Opto Electronics's Shiller PE Ratio falls into.


ROCO:4908
64GF Score
APAC Opto Electronics Inc ROCO:4908
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

APAC Opto Electronics 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, APAC Opto Electronics'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)
=0.59/324.0540*324.0540
=0.590

Current CPI (Dec. 2025) = 324.0540.

APAC Opto Electronics Quarterly Data

per share eps CPI Adj_EPS
201603 0.440 238.132 0.599
201606 0.370 241.018 0.497
201609 0.090 241.428 0.121
201612 0.360 241.432 0.483
201703 0.220 243.801 0.292
201706 0.250 244.955 0.331
201709 0.620 246.819 0.814
201712 0.470 246.524 0.618
201803 0.240 249.554 0.312
201806 0.760 251.989 0.977
201809 0.450 252.439 0.578
201812 0.190 251.233 0.245
201903 0.240 254.202 0.306
201906 0.620 256.143 0.784
201909 0.490 256.759 0.618
201912 0.300 256.974 0.378
202003 0.520 258.115 0.653
202006 0.430 257.797 0.541
202009 0.360 260.280 0.448
202012 0.240 260.474 0.299
202103 0.100 264.877 0.122
202106 0.410 271.696 0.489
202109 0.610 274.310 0.721
202112 0.730 278.802 0.848
202203 0.940 287.504 1.060
202206 0.870 296.311 0.951
202209 0.900 296.808 0.983
202212 0.590 296.797 0.644
202303 0.420 301.836 0.451
202306 0.670 305.109 0.712
202309 0.810 307.789 0.853
202312 0.710 306.746 0.750
202403 0.750 312.332 0.778
202406 0.660 314.175 0.681
202409 0.350 315.301 0.360
202412 1.040 315.605 1.068
202503 0.750 319.799 0.760
202506 0.140 322.561 0.141
202509 0.490 324.800 0.489
202512 0.590 324.054 0.590

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$2.33 mean?
APAC Opto Electronics (ROCO:4908) has a E10 of NT$2.33 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on APAC Opto Electronics and its competitors.
Is APAC Opto Electronics' E10 too high?
APAC Opto Electronics' current E10 is NT$2.33. Overall, APAC Opto Electronics has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does APAC Opto Electronics' E10 compare to CSCO and CIEN?
APAC Opto Electronics' E10 of NT$2.33 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 APAC Opto Electronics and its competitors. APAC Opto Electronics's current E10 is NT$2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APAC Opto Electronics stock overvalued right now?
Based on GuruFocus' analysis, APAC Opto Electronics (ROCO:4908) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$74.36, compared to a current price of NT$155.50 — trading 109.1% above its estimated fair value. The current E10 is NT$2.33. APAC Opto Electronics' overall GF Score™ is 64/100 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 APAC Opto Electronics (ROCO:4908), the current E10 is NT$2.33 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 APAC Opto Electronics (ROCO:4908) Overvalued in 2026?

Based on GuruFocus' analysis, APAC Opto Electronics stock appears to be overvalued. The current stock price of NT$155.50 is trading 109.1% above its estimated GF Value™ of NT$74.36. GuruFocus considers APAC Opto Electronics to be Significantly Overvalued.

Key valuation signals for ROCO:4908:

  • E10: NT$2.33
  • GF Value™: NT$74.36 vs. price of NT$155.50 (109.1% above fair value)
  • GF Score™: 64/100 with 2 warning signs

No single metric tells the full story. See the ROCO:4908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


APAC Opto Electronics Business Description

Address 3 Tzu Chiang Road, Hsinchu Industrial Park, Hukow, Hsinchu Hsien, TWN
APAC Opto Electronics Inc is a manufacturer of wired and wireless communication equipment and electronic components, and the wholesale and retail of telecommunications equipment and electronic materials. The products of the company include optical extender modules, optical transceiver modules, Optical extender modules, and copper transceiver modules.
64GF Score

Get the complete analysis for ROCO:4908

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

NT$155.50
Price
NT$74.36
GF Value