P-Two Industries (ROCO:6158) E10: NT$2.63 (As of Dec. 2025)


ROCO:6158 P-Two Industries Inc ROCO:6158
61 GF Score
Price NT$19.45
GF Value NT$27.93
Valuation Possible Value Trap
! 5 Warning Signs
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What is P-Two Industries E10?

P-Two Industries ROCO:6158 +9.27% 61 E10 is NT$2.63 as of Dec. 2025. GuruFocus rates ROCO:6158 with a GF Score™ of 61/100 and a GF Value™ of NT$27.93 (Possible Value Trap). The stock has 5 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.

P-Two Industries's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$-0.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.63 for the trailing ten years ended in Dec. 2025.

During the past 12 months, P-Two Industries's average E10 Growth Rate was 1.90% per year. During the past 3 years, the average E10 Growth Rate was 48.10% per year. During the past 5 years, the average E10 Growth Rate was 30.40% 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 P-Two Industries was 48.10% per year. The lowest was -19.30% per year. And the median was 34.15% per year.

As of today (2026-07-03), P-Two Industries's current stock price is NT$19.45. P-Two Industries's E10 for the quarter that ended in Dec. 2025 was NT$2.63. P-Two Industries's Shiller PE Ratio of today is 7.40.

During the past 13 years, the highest Shiller PE Ratio of P-Two Industries was 57.96. The lowest was 6.50. And the median was 25.52.


P-Two Industries  (ROCO:6158) 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.

P-Two Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=19.45/2.63
=7.40

* 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 P-Two Industries was 57.96. The lowest was 6.50. And the median was 25.52.


Be Aware

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


P-Two Industries E10 Related Terms


P-Two Industries E10 Historical Data

* Premium members only.

The historical data trend for P-Two Industries'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.

P-Two Industries E10 Chart

P-Two Industries 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 0.94 0.81 1.88 2.58 2.63

P-Two Industries 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 2.58 2.67 2.91 2.82 2.63

ROCO:6158 vs APH, GLW: E10 Comparison

For the Electronic Components subindustry, P-Two Industries'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.


P-Two Industries Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, P-Two Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where P-Two Industries's Shiller PE Ratio falls into.


ROCO:6158
61GF Score
P-Two Industries Inc ROCO:6158
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

P-Two Industries 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, P-Two Industries'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)
=-0.51/324.0540*324.0540
=-0.510

Current CPI (Dec. 2025) = 324.0540.

P-Two Industries Quarterly Data

per share eps CPI Adj_EPS
201603 0.400 238.132 0.544
201606 0.720 241.018 0.968
201609 0.860 241.428 1.154
201612 0.740 241.432 0.993
201703 0.300 243.801 0.399
201706 0.200 244.955 0.265
201709 0.820 246.819 1.077
201712 0.020 246.524 0.026
201803 3.980 249.554 5.168
201806 0.980 251.989 1.260
201809 1.580 252.439 2.028
201812 0.666 251.233 0.859
201903 0.120 254.202 0.153
201906 0.090 256.143 0.114
201909 0.220 256.759 0.278
201912 0.010 256.974 0.013
202003 -0.400 258.115 -0.502
202006 1.260 257.797 1.584
202009 1.200 260.280 1.494
202012 0.510 260.474 0.634
202103 0.620 264.877 0.759
202106 1.500 271.696 1.789
202109 0.730 274.310 0.862
202112 0.190 278.802 0.221
202203 0.500 287.504 0.564
202206 1.030 296.311 1.126
202209 0.030 296.808 0.033
202212 -0.400 296.797 -0.437
202303 -0.220 301.836 -0.236
202306 1.090 305.109 1.158
202309 0.620 307.789 0.653
202312 -0.110 306.746 -0.116
202403 -0.070 312.332 -0.073
202406 0.710 314.175 0.732
202409 0.630 315.301 0.647
202412 -0.030 315.605 -0.031
202503 0.010 319.799 0.010
202506 0.580 322.561 0.583
202509 0.030 324.800 0.030
202512 -0.510 324.054 -0.510

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$2.63 mean?
P-Two Industries (ROCO:6158) has a E10 of NT$2.63 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on P-Two Industries and its competitors.
Is P-Two Industries' E10 too high?
P-Two Industries' current E10 is NT$2.63. Overall, P-Two Industries has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does P-Two Industries' E10 compare to APH and GLW?
P-Two Industries' E10 of NT$2.63 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 P-Two Industries and its competitors. P-Two Industries's current E10 is NT$2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P-Two Industries stock overvalued right now?
Based on GuruFocus' analysis, P-Two Industries (ROCO:6158) is currently considered Possible Value Trap. The stock's GF Value™ is NT$27.93, compared to a current price of NT$19.45 — trading 30.4% below its estimated fair value. The current E10 is NT$2.63. P-Two Industries' overall GF Score™ is 61/100 with 5 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 P-Two Industries (ROCO:6158), the current E10 is NT$2.63 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 P-Two Industries (ROCO:6158) Overvalued in 2026?

Based on GuruFocus' analysis, P-Two Industries stock appears to be undervalued. The current stock price of NT$19.45 is trading 30.4% below its estimated GF Value™ of NT$27.93. GuruFocus considers P-Two Industries to be Possible Value Trap.

Key valuation signals for ROCO:6158:

  • E10: NT$2.63
  • GF Value™: NT$27.93 vs. price of NT$19.45 (30.4% below fair value)
  • GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the ROCO:6158 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


P-Two Industries Business Description

Address No. 9, 9-1, Xinghua Road, Taoyuan, TWN, 330
P-Two Industries Inc is engaged in the manufacture and sale of precision terminals and connectors in Taiwan and China. Its products include FPC connector, mobile phone connector, LVDS wire to board connector, memory card connector, flexible flat cable and metal dome.
61GF Score

Get the complete analysis for ROCO:6158

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

NT$19.45
Price
NT$27.93
GF Value