United Recommend International Co (ROCO:5321) E10: NT$0.76 (As of Dec. 2025)

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ROCO:5321 United Recommend International Co Ltd ROCO:5321
62 GF Score
Price NT$52.60
GF Value NT$52.70
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is United Recommend International Co E10?

United Recommend International Co ROCO:5321 -2.23% 62 E10 is NT$0.76 as of Dec. 2025. GuruFocus rates ROCO:5321 with a GF Score™ of 62/100 and a GF Value™ of NT$52.70 (Fairly Valued). The stock has 8 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.

United Recommend International Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$-0.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.76 for the trailing ten years ended in Dec. 2025.

During the past 12 months, United Recommend International Co's average E10 Growth Rate was -11.60% per year. During the past 3 years, the average E10 Growth Rate was -5.10% 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 United Recommend International Co was -5.10% per year. The lowest was -5.10% per year. And the median was -5.10% per year.

As of today (2026-07-21), United Recommend International Co's current stock price is NT$52.60. United Recommend International Co's E10 for the quarter that ended in Dec. 2025 was NT$0.76. United Recommend International Co's Shiller PE Ratio of today is 69.21.

During the past 13 years, the highest Shiller PE Ratio of United Recommend International Co was 466.38. The lowest was 29.61. And the median was 70.32.


United Recommend International Co  (ROCO:5321) 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.

United Recommend International Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=52.60/0.76
=69.21

* 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 United Recommend International Co was 466.38. The lowest was 29.61. And the median was 70.32.


Be Aware

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


United Recommend International Co E10 Related Terms


United Recommend International Co E10 Historical Data

* Premium members only.

The historical data trend for United Recommend International 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.

United Recommend International Co E10 Chart

United Recommend International 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 -1.00 0.89 0.96 0.86 0.76

United Recommend International 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 0.86 0.86 0.87 0.81 0.76

ROCO:5321 vs APH, GLW: E10 Comparison

For the Electronic Components subindustry, United Recommend International 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.


United Recommend International Co Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, United Recommend International Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where United Recommend International Co's Shiller PE Ratio falls into.


ROCO:5321
62GF Score
United Recommend International Co Ltd ROCO:5321
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Recommend International 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, United Recommend International 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)
=-0.36/324.0540*324.0540
=-0.360

Current CPI (Dec. 2025) = 324.0540.

United Recommend International Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.197 238.132 0.268
201606 0.197 241.018 0.265
201609 0.118 241.428 0.158
201612 0.519 241.432 0.697
201703 -0.329 243.801 -0.437
201706 -0.059 244.955 -0.078
201709 0.125 246.819 0.164
201712 -1.276 246.524 -1.677
201803 -0.085 249.554 -0.110
201806 0.592 251.989 0.761
201809 0.362 252.439 0.465
201812 0.539 251.233 0.695
201903 0.066 254.202 0.084
201906 0.500 256.143 0.633
201909 0.362 256.759 0.457
201912 -0.007 256.974 -0.009
202003 -0.099 258.115 -0.124
202006 -0.184 257.797 -0.231
202009 -1.874 260.280 -2.333
202012 -0.296 260.474 -0.368
202103 0.362 264.877 0.443
202106 0.375 271.696 0.447
202109 0.734 274.310 0.867
202112 0.574 278.802 0.667
202203 0.900 287.504 1.014
202206 1.013 296.311 1.108
202209 0.874 296.808 0.954
202212 0.940 296.797 1.026
202303 0.986 301.836 1.059
202306 1.200 305.109 1.275
202309 0.210 307.789 0.221
202312 -0.440 306.746 -0.465
202403 -0.770 312.332 -0.799
202406 0.001 314.175 0.001
202409 0.200 315.301 0.206
202412 0.550 315.605 0.565
202503 0.060 319.799 0.061
202506 0.020 322.561 0.020
202509 0.003 324.800 0.003
202512 -0.360 324.054 -0.360

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$0.76 mean?
United Recommend International Co (ROCO:5321) has a E10 of NT$0.76 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on United Recommend International Co and its competitors.
Is United Recommend International Co's E10 too high?
United Recommend International Co's current E10 is NT$0.76. Overall, United Recommend International Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United Recommend International Co's E10 compare to APH and GLW?
United Recommend International Co's E10 of NT$0.76 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 United Recommend International Co and its competitors. United Recommend International Co's current E10 is NT$0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Recommend International Co stock overvalued right now?
Based on GuruFocus' analysis, United Recommend International Co (ROCO:5321) is currently considered Fairly Valued. The stock's GF Value™ is NT$52.70, compared to a current price of NT$52.60 — trading 0.2% below its estimated fair value. The current E10 is NT$0.76. United Recommend International Co's overall GF Score™ is 62/100 with 8 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 United Recommend International Co (ROCO:5321), the current E10 is NT$0.76 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 United Recommend International Co (ROCO:5321) Overvalued in 2026?

Based on GuruFocus' analysis, United Recommend International Co stock appears to be undervalued. The current stock price of NT$52.60 is trading 0.2% below its estimated GF Value™ of NT$52.70. GuruFocus considers United Recommend International Co to be Fairly Valued.

Key valuation signals for ROCO:5321:

  • E10: NT$0.76
  • GF Value™: NT$52.70 vs. price of NT$52.60 (0.2% below fair value)
  • GF Score™: 62/100 with 8 warning signs

No single metric tells the full story. See the ROCO:5321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Recommend International Co Business Description

Address No. 8, Lane 47, Nangang Road, Section 3, First Floor, Nangang, Taipei, TWN
United Recommend International Co Ltd is a Taiwan-based company that engages in the manufacture and trade of printed circuit boards (PCB). It specializes in multilayer, flexible, and double-sided boards. Its products cover flexible PCB and rigid PCB, including wireless Wi-Fi boards, projector boards, light boards, and solar panels.
62GF Score

Get the complete analysis for ROCO:5321

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

NT$52.60
Price
NT$52.70
GF Value