Concrad International Securities Co (ROCO:5864) E10: NT$1.30 (As of Dec. 2025)

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ROCO:5864 Concrad International Securities Co Ltd ROCO:5864
60 GF Score
Price NT$36.25
GF Value NT$10.46
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Concrad International Securities Co E10?

Concrad International Securities Co ROCO:5864 +2.98% 60 E10 is NT$1.30 as of Dec. 2025. GuruFocus rates ROCO:5864 with a GF Score™ of 60/100 and a GF Value™ of NT$10.46 (Significantly Overvalued). The stock has 7 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.

Concrad International Securities Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$1.243. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.30 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Concrad International Securities Co's average E10 Growth Rate was 12.10% 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.

As of today (2026-07-15), Concrad International Securities Co's current stock price is NT$36.25. Concrad International Securities Co's E10 for the quarter that ended in Dec. 2025 was NT$1.30. Concrad International Securities Co's Shiller PE Ratio of today is 27.88.

During the past 13 years, the highest Shiller PE Ratio of Concrad International Securities Co was 37.14. The lowest was 9.59. And the median was 11.72.


Concrad International Securities Co  (ROCO:5864) 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.

Concrad International Securities Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=36.25/1.30
=27.88

* 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 Concrad International Securities Co was 37.14. The lowest was 9.59. And the median was 11.72.


Be Aware

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


Concrad International Securities Co E10 Related Terms


Concrad International Securities Co E10 Historical Data

* Premium members only.

The historical data trend for Concrad International Securities 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.

Concrad International Securities Co E10 Chart

Concrad International Securities 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 0.00 0.00 1.08 1.16 1.30

Concrad International Securities 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 1.16 1.03 1.07 1.21 1.30

ROCO:5864 vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, Concrad International Securities 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.


Concrad International Securities Co Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Concrad International Securities Co's Shiller PE Ratio distribution charts can be found below:

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


ROCO:5864
60GF Score
Concrad International Securities Co Ltd ROCO:5864
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Concrad International Securities 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, Concrad International Securities 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)
=1.243/324.0540*324.0540
=1.243

Current CPI (Dec. 2025) = 324.0540.

Concrad International Securities Co Quarterly Data

per share eps CPI Adj_EPS
201512 0.000 236.525 0.000
201606 0.000 241.018 0.000
201609 0.151 241.428 0.203
201612 0.338 241.432 0.454
201703 0.198 243.801 0.263
201706 0.076 244.955 0.101
201709 0.093 246.819 0.122
201712 -0.023 246.524 -0.030
201803 0.972 249.554 1.262
201806 0.191 251.989 0.246
201809 0.056 252.439 0.072
201812 -0.056 251.233 -0.072
201903 0.216 254.202 0.275
201906 0.086 256.143 0.109
201909 0.136 256.759 0.172
201912 -0.074 256.974 -0.093
202003 -0.654 258.115 -0.821
202006 0.994 257.797 1.249
202009 0.262 260.280 0.326
202012 0.615 260.474 0.765
202103 0.334 264.877 0.409
202106 1.130 271.696 1.348
202109 -0.076 274.310 -0.090
202112 0.492 278.802 0.572
202203 0.173 287.504 0.195
202206 -1.054 296.311 -1.153
202209 0.177 296.808 0.193
202212 0.136 296.797 0.148
202303 1.121 301.836 1.204
202306 2.021 305.109 2.146
202309 -1.647 307.789 -1.734
202312 0.668 306.746 0.706
202403 0.801 312.332 0.831
202406 1.159 314.175 1.195
202409 0.036 315.301 0.037
202412 -0.441 315.605 -0.453
202503 -0.976 319.799 -0.989
202506 0.542 322.561 0.545
202509 1.441 324.800 1.438
202512 1.243 324.054 1.243

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$1.30 mean?
Concrad International Securities Co (ROCO:5864) has a E10 of NT$1.30 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Concrad International Securities Co and its competitors.
Is Concrad International Securities Co's E10 too high?
Concrad International Securities Co's current E10 is NT$1.30. Overall, Concrad International Securities Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Concrad International Securities Co's E10 compare to MS and GS?
Concrad International Securities Co's E10 of NT$1.30 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 Concrad International Securities Co and its competitors. Concrad International Securities Co's current E10 is NT$1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concrad International Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Concrad International Securities Co (ROCO:5864) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.46, compared to a current price of NT$36.25 — trading 246.6% above its estimated fair value. The current E10 is NT$1.30. Concrad International Securities Co's overall GF Score™ is 60/100 with 7 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 Concrad International Securities Co (ROCO:5864), the current E10 is NT$1.30 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 Concrad International Securities Co (ROCO:5864) Overvalued in 2026?

Based on GuruFocus' analysis, Concrad International Securities Co stock appears to be overvalued. The current stock price of NT$36.25 is trading 246.6% above its estimated GF Value™ of NT$10.46. GuruFocus considers Concrad International Securities Co to be Significantly Overvalued.

Key valuation signals for ROCO:5864:

  • E10: NT$1.30
  • GF Value™: NT$10.46 vs. price of NT$36.25 (246.6% above fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the ROCO:5864 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Concrad International Securities Co Business Description

Address No.10, Section 3, Simen Road, North District, Tainan, TWN, 704004
Concrad International Securities Co Ltd is a comprehensive securities firm. It is involved in the following business activities: underwriting of marketable securities; trading of marketable securities on the account of its customers or its own on a centralized securities exchange market; trading of marketable securities at the company's branches; providing margin loan, short sale and refinancing services; futures trading on a proprietary basis; dealing in foreign marketable securities; securities business money lending; and providing other relevant services. The company's operating departments are Brokerage, Self-employed, which derives maximum revenue, Underwriting, and Other.
60GF Score

Get the complete analysis for ROCO:5864

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

NT$36.25
Price
NT$10.46
GF Value