Song Shang Electronics Co (ROCO:6156) E10: NT$1.70 (As of Jun. 2026)

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ROCO:6156 Song Shang Electronics Co Ltd ROCO:6156
70 GF Score
Price NT$20.80
GF Value NT$26.58
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Song Shang Electronics Co E10?

Song Shang Electronics Co ROCO:6156 +0.73% 70 E10 is NT$1.70 as of Jun. 2026. GuruFocus rates ROCO:6156 with a GF Score™ of 70/100 and a GF Value™ of NT$26.58 (Modestly Undervalued). The stock has 9 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.

Song Shang Electronics Co's adjusted earnings per share data for the three months ended in Jun. 2026 was NT$0.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.70 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Song Shang Electronics Co's average E10 Growth Rate was -7.60% per year. During the past 3 years, the average E10 Growth Rate was 7.00% per year. During the past 5 years, the average E10 Growth Rate was 29.80% 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 Song Shang Electronics Co was 61.50% per year. The lowest was 7.00% per year. And the median was 21.80% per year.

As of today (2026-09-05), Song Shang Electronics Co's current stock price is NT$20.80. Song Shang Electronics Co's E10 for the quarter that ended in Jun. 2026 was NT$1.70. Song Shang Electronics Co's Shiller PE Ratio of today is 12.24.

During the past 13 years, the highest Shiller PE Ratio of Song Shang Electronics Co was 54.40. The lowest was 10.59. And the median was 14.20.


Song Shang Electronics Co  (ROCO:6156) 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.

Song Shang Electronics Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.80/1.70
=12.24

* 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 Song Shang Electronics Co was 54.40. The lowest was 10.59. And the median was 14.20.


Be Aware

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


Song Shang Electronics Co E10 Related Terms


Song Shang Electronics Co E10 Historical Data

* Premium members only.

The historical data trend for Song Shang Electronics 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.

Song Shang Electronics Co E10 Chart

Song Shang Electronics 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 1.03 1.43 1.77 1.86 1.75

Song Shang Electronics Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.84 1.79 1.75 1.71 1.70

ROCO:6156 vs APH, GLW, TEL: E10 Comparison

For the Electronic Components subindustry, Song Shang Electronics 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.


Song Shang Electronics Co Shiller PE Ratio vs Hardware Industry

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

* The bar in red indicates where Song Shang Electronics Co's Shiller PE Ratio falls into.


ROCO:6156
70GF Score
Song Shang Electronics Co Ltd ROCO:6156
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Song Shang Electronics 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, Song Shang Electronics Co's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.15/333.9520*333.9520
=0.150

Current CPI (Jun. 2026) = 333.9520.

Song Shang Electronics Co Quarterly Data

per share eps CPI Adj_EPS
201609 0.462 241.428 0.639
201612 0.510 241.432 0.705
201703 0.135 243.801 0.185
201706 0.894 244.955 1.219
201709 0.400 246.819 0.541
201712 0.080 246.524 0.108
201803 -0.470 249.554 -0.629
201806 0.800 251.989 1.060
201809 0.730 252.439 0.966
201812 0.460 251.233 0.611
201903 0.070 254.202 0.092
201906 0.260 256.143 0.339
201909 0.470 256.759 0.611
201912 0.200 256.974 0.260
202003 0.080 258.115 0.104
202006 0.610 257.797 0.790
202009 0.290 260.280 0.372
202012 0.320 260.474 0.410
202103 0.220 264.877 0.277
202106 0.200 271.696 0.246
202109 0.440 274.310 0.536
202112 0.410 278.802 0.491
202203 0.190 287.504 0.221
202206 0.480 296.311 0.541
202209 1.160 296.808 1.305
202212 0.410 296.797 0.461
202303 0.180 301.836 0.199
202306 0.590 305.109 0.646
202309 0.680 307.789 0.738
202312 0.260 306.746 0.283
202403 0.410 312.332 0.438
202406 0.600 314.175 0.638
202409 0.140 315.301 0.148
202412 0.860 315.605 0.910
202503 0.554 319.799 0.579
202506 -0.420 322.561 -0.435
202509 0.030 324.800 0.031
202512 0.270 324.054 0.278
202603 -0.092 330.213 -0.093
202606 0.150 333.952 0.150

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$1.70 mean?
Song Shang Electronics Co (ROCO:6156) has a E10 of NT$1.70 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Song Shang Electronics Co and its competitors.
Is Song Shang Electronics Co's E10 too high?
Song Shang Electronics Co's current E10 is NT$1.70. Overall, Song Shang Electronics Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Song Shang Electronics Co's E10 compare to APH and GLW?
Song Shang Electronics Co's E10 of NT$1.70 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 Song Shang Electronics Co and its competitors. Song Shang Electronics Co's current E10 is NT$1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Shang Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Song Shang Electronics Co (ROCO:6156) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$26.58, compared to a current price of NT$20.80 — trading 21.7% below its estimated fair value. The current E10 is NT$1.70. Song Shang Electronics Co's overall GF Score™ is 70/100 with 9 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 Song Shang Electronics Co (ROCO:6156), the current E10 is NT$1.70 as of Jun. 2026. 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 Song Shang Electronics Co (ROCO:6156) Overvalued in 2026?

Based on GuruFocus' analysis, Song Shang Electronics Co stock appears to be undervalued. The current stock price of NT$20.80 is trading 21.7% below its estimated GF Value™ of NT$26.58. GuruFocus considers Song Shang Electronics Co to be Modestly Undervalued.

Key valuation signals for ROCO:6156:

  • E10: NT$1.70
  • GF Value™: NT$26.58 vs. price of NT$20.80 (21.7% below fair value)
  • GF Score™: 70/100 with 9 warning signs

No single metric tells the full story. See the ROCO:6156 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Song Shang Electronics Co Business Description

Address No. 117, Zhongcheng Road, 4th Floor, Tucheng District, New Taipei City, TWN, 23674
Song Shang Electronics Co Ltd is engaged in the production and sales of electronic components and related products. Its products include transformers, magnetic components, printed circuit boards, filters, and inductors, which are mainly used in various power supplies such as Adapter, Led TVs, Lcd TVs, chargers, Game Console, Desktop, Monitor, Printer, Lighting, and communication. It operates in two segments. PCB Segment is responsible for the production and sales of printed circuit boards. Transformer Segment: This segment is responsible for producing and selling transformers and resistors.
70GF Score

Get the complete analysis for ROCO:6156

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

NT$20.80
Price
NT$26.58
GF Value