Acter Group (ROCO:5536) E10: NT$19.94 (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:5536 Acter Group Corp Ltd ROCO:5536
68 GF Score
Price NT$1,265.00
GF Value NT$520.10
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Acter Group E10?

Acter Group ROCO:5536 +1.20% 68 E10 is NT$19.94 as of Dec. 2025. GuruFocus rates ROCO:5536 with a GF Score™ of 68/100 and a GF Value™ of NT$520.10 (Significantly Overvalued). 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.

Acter Group's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$8.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$19.94 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Acter Group's average E10 Growth Rate was 12.80% per year. During the past 3 years, the average E10 Growth Rate was 11.10% per year. During the past 5 years, the average E10 Growth Rate was 9.00% 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 Acter Group was 11.10% per year. The lowest was 3.90% per year. And the median was 7.45% per year.

As of today (2026-07-17), Acter Group's current stock price is NT$1265.00. Acter Group's E10 for the quarter that ended in Dec. 2025 was NT$19.94. Acter Group's Shiller PE Ratio of today is 63.44.

During the past 13 years, the highest Shiller PE Ratio of Acter Group was 71.72. The lowest was 6.49. And the median was 14.62.


Acter Group  (ROCO:5536) 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.

Acter Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1265.00/19.94
=63.44

* 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 Acter Group was 71.72. The lowest was 6.49. And the median was 14.62.


Be Aware

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


Acter Group E10 Related Terms


Acter Group E10 Historical Data

* Premium members only.

The historical data trend for Acter Group'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.

Acter Group E10 Chart

Acter Group 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 13.76 14.54 15.36 17.68 19.94

Acter Group 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 17.68 18.29 18.76 19.47 19.94

ROCO:5536 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Acter Group'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.


Acter Group Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Acter Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Acter Group's Shiller PE Ratio falls into.


ROCO:5536
68GF Score
Acter Group Corp Ltd ROCO:5536
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acter Group 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, Acter Group'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)
=8.03/324.0540*324.0540
=8.030

Current CPI (Dec. 2025) = 324.0540.

Acter Group Quarterly Data

per share eps CPI Adj_EPS
201603 1.383 238.132 1.882
201606 2.058 241.018 2.767
201609 2.525 241.428 3.389
201612 2.023 241.432 2.715
201703 3.778 243.801 5.022
201706 4.465 244.955 5.907
201709 3.381 246.819 4.439
201712 3.729 246.524 4.902
201803 3.609 249.554 4.686
201806 7.796 251.989 10.026
201809 5.449 252.439 6.995
201812 2.078 251.233 2.680
201903 4.206 254.202 5.362
201906 5.300 256.143 6.705
201909 4.465 256.759 5.635
201912 4.881 256.974 6.155
202003 3.980 258.115 4.997
202006 5.350 257.797 6.725
202009 3.480 260.280 4.333
202012 3.780 260.474 4.703
202103 2.930 264.877 3.585
202106 5.440 271.696 6.488
202109 2.660 274.310 3.142
202112 2.960 278.802 3.440
202203 2.860 287.504 3.224
202206 3.000 296.311 3.281
202209 5.150 296.808 5.623
202212 4.560 296.797 4.979
202303 3.460 301.836 3.715
202306 4.350 305.109 4.620
202309 4.080 307.789 4.296
202312 2.750 306.746 2.905
202403 3.430 312.332 3.559
202406 6.570 314.175 6.777
202409 5.050 315.301 5.190
202412 5.960 315.605 6.120
202503 5.160 319.799 5.229
202506 6.940 322.561 6.972
202509 8.220 324.800 8.201
202512 8.030 324.054 8.030

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$19.94 mean?
Acter Group (ROCO:5536) has a E10 of NT$19.94 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Acter Group and its competitors.
Is Acter Group's E10 too high?
Acter Group's current E10 is NT$19.94. Overall, Acter Group has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acter Group's E10 compare to PWR and FIX?
Acter Group's E10 of NT$19.94 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Acter Group and its competitors. Acter Group's current E10 is NT$19.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acter Group stock overvalued right now?
Based on GuruFocus' analysis, Acter Group (ROCO:5536) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$520.10, compared to a current price of NT$1,265.00 — trading 143.2% above its estimated fair value. The current E10 is NT$19.94. Acter Group's overall GF Score™ is 68/100 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 Acter Group (ROCO:5536), the current E10 is NT$19.94 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 Acter Group (ROCO:5536) Overvalued in 2026?

Based on GuruFocus' analysis, Acter Group stock appears to be overvalued. The current stock price of NT$1,265.00 is trading 143.2% above its estimated GF Value™ of NT$520.10. GuruFocus considers Acter Group to be Significantly Overvalued.

Key valuation signals for ROCO:5536:

  • E10: NT$19.94
  • GF Value™: NT$520.10 vs. price of NT$1,265.00 (143.2% above fair value)
  • GF Score™: 68/100 with 1 warning sign

No single metric tells the full story. See the ROCO:5536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Acter Group Business Description

Address No. 201, Wenxin Road, 19th Floor-1, Section 2, Xitun District, Taichung, TWN, 40758
Acter Group Corp Ltd is a Taiwan-based engineering and construction company. It is engaged in providing construction, design, and maintenance services related to air conditioners, environmental control services, clean room set-up, ice water machine trading, energy-storing equipment trading, ventilation engineering, and energy technology services. The group has three reportable segments: Taiwan, Mainland China, and other countries. The Taiwan segment provides engineering, maintenance, sales, and other services in the Taiwan area. The Mainland China segment provides engineering services and sales in Mainland China. The other segment provides engineering services in Vietnam, Singapore, Malaysia, and other countries.
68GF Score

Get the complete analysis for ROCO:5536

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

NT$1,265.00
Price
NT$520.10
GF Value