Axcen Photonics (ROCO:6530) E10: NT$1.36 (As of Dec. 2025)

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ROCO:6530 Axcen Photonics Corp ROCO:6530
75 GF Score
Price NT$76.50
GF Value NT$63.44
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Axcen Photonics E10?

Axcen Photonics ROCO:6530 -3.29% 75 E10 is NT$1.36 as of Dec. 2025. GuruFocus rates ROCO:6530 with a GF Score™ of 75/100 and a GF Value™ of NT$63.44 (Modestly Overvalued). The stock has 2 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.

Axcen Photonics's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.36 for the trailing ten years ended in Dec. 2025.

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), Axcen Photonics's current stock price is NT$76.50. Axcen Photonics's E10 for the quarter that ended in Dec. 2025 was NT$1.36. Axcen Photonics's Shiller PE Ratio of today is 56.25.

During the past 13 years, the highest Shiller PE Ratio of Axcen Photonics was 92.28. The lowest was 32.48. And the median was 45.88.


Axcen Photonics  (ROCO:6530) 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.

Axcen Photonics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=76.50/1.36
=56.25

* 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 Axcen Photonics was 92.28. The lowest was 32.48. And the median was 45.88.


Be Aware

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


Axcen Photonics E10 Related Terms


Axcen Photonics E10 Historical Data

* Premium members only.

The historical data trend for Axcen Photonics'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.

Axcen Photonics E10 Chart

Axcen Photonics 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 0.00 0.00 1.36

Axcen Photonics 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 0.00 1.29 1.30 1.34 1.36

ROCO:6530 vs CSCO, CIEN, MSI: E10 Comparison

For the Communication Equipment subindustry, Axcen Photonics'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.


Axcen Photonics Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Axcen Photonics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Axcen Photonics's Shiller PE Ratio falls into.


ROCO:6530
75GF Score
Axcen Photonics Corp ROCO:6530
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axcen Photonics 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, Axcen Photonics'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)
=0.55/324.0540*324.0540
=0.550

Current CPI (Dec. 2025) = 324.0540.

Axcen Photonics Quarterly Data

per share eps CPI Adj_EPS
201512 0.000 236.525 0.000
201606 0.000 241.018 0.000
201609 0.180 241.428 0.242
201612 0.520 241.432 0.698
201703 0.150 243.801 0.199
201706 0.300 244.955 0.397
201709 0.250 246.819 0.328
201712 0.210 246.524 0.276
201803 0.100 249.554 0.130
201806 0.180 251.989 0.231
201809 0.200 252.439 0.257
201812 0.210 251.233 0.271
201903 0.200 254.202 0.255
201906 0.160 256.143 0.202
201909 0.180 256.759 0.227
201912 0.210 256.974 0.265
202003 0.150 258.115 0.188
202006 0.240 257.797 0.302
202009 0.160 260.280 0.199
202012 0.210 260.474 0.261
202103 0.190 264.877 0.232
202106 0.310 271.696 0.370
202109 0.310 274.310 0.366
202112 0.278 278.802 0.323
202203 0.320 287.504 0.361
202206 0.420 296.311 0.459
202209 0.410 296.808 0.448
202212 0.420 296.797 0.459
202303 0.150 301.836 0.161
202306 0.440 305.109 0.467
202309 0.380 307.789 0.400
202312 0.280 306.746 0.296
202403 0.330 312.332 0.342
202406 0.400 314.175 0.413
202409 0.430 315.301 0.442
202412 0.470 315.605 0.483
202503 0.460 319.799 0.466
202506 0.360 322.561 0.362
202509 0.570 324.800 0.569
202512 0.550 324.054 0.550

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$1.36 mean?
Axcen Photonics (ROCO:6530) has a E10 of NT$1.36 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Axcen Photonics and its competitors.
Is Axcen Photonics' E10 too high?
Axcen Photonics' current E10 is NT$1.36. Overall, Axcen Photonics has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axcen Photonics' E10 compare to CSCO and CIEN?
Axcen Photonics' E10 of NT$1.36 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 Axcen Photonics and its competitors. Axcen Photonics's current E10 is NT$1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axcen Photonics stock overvalued right now?
Based on GuruFocus' analysis, Axcen Photonics (ROCO:6530) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$63.44, compared to a current price of NT$76.50 — trading 20.6% above its estimated fair value. The current E10 is NT$1.36. Axcen Photonics' overall GF Score™ is 75/100 with 2 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 Axcen Photonics (ROCO:6530), the current E10 is NT$1.36 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 Axcen Photonics (ROCO:6530) Overvalued in 2026?

Based on GuruFocus' analysis, Axcen Photonics stock appears to be overvalued. The current stock price of NT$76.50 is trading 20.6% above its estimated GF Value™ of NT$63.44. GuruFocus considers Axcen Photonics to be Modestly Overvalued.

Key valuation signals for ROCO:6530:

  • E10: NT$1.36
  • GF Value™: NT$63.44 vs. price of NT$76.50 (20.6% above fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the ROCO:6530 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axcen Photonics Business Description

Address Number 119, Baozhong Road, 6th Floor, Xindian District, New Taipei City, Taipei, TWN, 231
Axcen Photonics Corp is a Taiwan based company involved in manufacturing products for the optical communications industry. The product offerings of the company include Video SFP, CSFP, SFP, Copper SFP, and GEPON SFF.
75GF Score

Get the complete analysis for ROCO:6530

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

NT$76.50
Price
NT$63.44
GF Value