Hotel Royal Chihpen Spa Co (ROCO:5704) E10: NT$1.29 (As of Dec. 2025)

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ROCO:5704 Hotel Royal Chihpen Spa Co Ltd ROCO:5704
71 GF Score
Price NT$21.50
GF Value NT$28.23
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Hotel Royal Chihpen Spa Co E10?

Hotel Royal Chihpen Spa Co ROCO:5704 -1.38% 71 E10 is NT$1.29 as of Dec. 2025. GuruFocus rates ROCO:5704 with a GF Score™ of 71/100 and a GF Value™ of NT$28.23 (Modestly Undervalued). The stock has 4 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.

Hotel Royal Chihpen Spa Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.259. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.29 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Hotel Royal Chihpen Spa Co's average E10 Growth Rate was -4.40% per year. During the past 3 years, the average E10 Growth Rate was 0.80% per year. During the past 5 years, the average E10 Growth Rate was 7.50% 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 Hotel Royal Chihpen Spa Co was 20.00% per year. The lowest was 0.80% per year. And the median was 12.35% per year.

As of today (2026-07-17), Hotel Royal Chihpen Spa Co's current stock price is NT$21.50. Hotel Royal Chihpen Spa Co's E10 for the quarter that ended in Dec. 2025 was NT$1.29. Hotel Royal Chihpen Spa Co's Shiller PE Ratio of today is 16.67.

During the past 13 years, the highest Shiller PE Ratio of Hotel Royal Chihpen Spa Co was 53.68. The lowest was 16.40. And the median was 28.80.


Hotel Royal Chihpen Spa Co  (ROCO:5704) 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.

Hotel Royal Chihpen Spa Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=21.50/1.29
=16.67

* 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 Hotel Royal Chihpen Spa Co was 53.68. The lowest was 16.40. And the median was 28.80.


Be Aware

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


Hotel Royal Chihpen Spa Co E10 Related Terms


Hotel Royal Chihpen Spa Co E10 Historical Data

* Premium members only.

The historical data trend for Hotel Royal Chihpen Spa 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.

Hotel Royal Chihpen Spa Co E10 Chart

Hotel Royal Chihpen Spa 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 1.05 1.26 1.45 1.35 1.29

Hotel Royal Chihpen Spa 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 1.35 1.32 1.30 1.30 1.29

ROCO:5704 vs MAR, HLT, H: E10 Comparison

For the Lodging subindustry, Hotel Royal Chihpen Spa 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.


Hotel Royal Chihpen Spa Co Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hotel Royal Chihpen Spa Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hotel Royal Chihpen Spa Co's Shiller PE Ratio falls into.


ROCO:5704
71GF Score
Hotel Royal Chihpen Spa Co Ltd ROCO:5704
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hotel Royal Chihpen Spa 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, Hotel Royal Chihpen Spa 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)
=0.259/324.0540*324.0540
=0.259

Current CPI (Dec. 2025) = 324.0540.

Hotel Royal Chihpen Spa Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.408 238.132 0.555
201606 0.019 241.018 0.026
201609 0.004 241.428 0.005
201612 -0.130 241.432 -0.174
201703 0.213 243.801 0.283
201706 -0.167 244.955 -0.221
201709 0.037 246.819 0.049
201712 0.083 246.524 0.109
201803 0.222 249.554 0.288
201806 -0.028 251.989 -0.036
201809 0.185 252.439 0.237
201812 0.092 251.233 0.119
201903 0.343 254.202 0.437
201906 0.037 256.143 0.047
201909 0.204 256.759 0.257
201912 0.213 256.974 0.269
202003 0.482 258.115 0.605
202006 0.454 257.797 0.571
202009 0.713 260.280 0.888
202012 0.574 260.474 0.714
202103 0.982 264.877 1.201
202106 0.009 271.696 0.011
202109 -0.259 274.310 -0.306
202112 0.667 278.802 0.775
202203 0.908 287.504 1.023
202206 0.204 296.311 0.223
202209 0.612 296.808 0.668
202212 0.528 296.797 0.576
202303 0.806 301.836 0.865
202306 0.556 305.109 0.591
202309 0.361 307.789 0.380
202312 1.029 306.746 1.087
202403 0.834 312.332 0.865
202406 0.250 314.175 0.258
202409 -0.056 315.301 -0.058
202412 -0.649 315.605 -0.666
202503 0.046 319.799 0.047
202506 -0.232 322.561 -0.233
202509 0.287 324.800 0.286
202512 0.259 324.054 0.259

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$1.29 mean?
Hotel Royal Chihpen Spa Co (ROCO:5704) has a E10 of NT$1.29 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hotel Royal Chihpen Spa Co and its competitors.
Is Hotel Royal Chihpen Spa Co's E10 too high?
Hotel Royal Chihpen Spa Co's current E10 is NT$1.29. Overall, Hotel Royal Chihpen Spa Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hotel Royal Chihpen Spa Co's E10 compare to MAR and HLT?
Hotel Royal Chihpen Spa Co's E10 of NT$1.29 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good E10 depends on the Travel & Leisure 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 Hotel Royal Chihpen Spa Co and its competitors. Hotel Royal Chihpen Spa Co's current E10 is NT$1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hotel Royal Chihpen Spa Co stock overvalued right now?
Based on GuruFocus' analysis, Hotel Royal Chihpen Spa Co (ROCO:5704) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$28.23, compared to a current price of NT$21.50 — trading 23.8% below its estimated fair value. The current E10 is NT$1.29. Hotel Royal Chihpen Spa Co's overall GF Score™ is 71/100 with 4 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 Hotel Royal Chihpen Spa Co (ROCO:5704), the current E10 is NT$1.29 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 Hotel Royal Chihpen Spa Co (ROCO:5704) Overvalued in 2026?

Based on GuruFocus' analysis, Hotel Royal Chihpen Spa Co stock appears to be undervalued. The current stock price of NT$21.50 is trading 23.8% below its estimated GF Value™ of NT$28.23. GuruFocus considers Hotel Royal Chihpen Spa Co to be Modestly Undervalued.

Key valuation signals for ROCO:5704:

  • E10: NT$1.29
  • GF Value™: NT$28.23 vs. price of NT$21.50 (23.8% below fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the ROCO:5704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hotel Royal Chihpen Spa Co Business Description

Address No.23, Lane 113, Long Chuien Road, Wen Chuien Village, Peinan Hsiang, Taitung, TWN, 954
Hotel Royal Chihpen Spa Co Ltd provides lodging and restaurant services in Taiwan. Its hotels and resorts include Hotel Royal Hsinchu, Hotel Royal Chihpen, Hotel Royal Chiaohsi, Hotel Royal-Nikko Taipei and Hotel Royal Beitou, among others.
71GF Score

Get the complete analysis for ROCO:5704

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

NT$21.50
Price
NT$28.23
GF Value