Chang Wah Technology Co (ROCO:6548) E10: NT$1.51 (As of Dec. 2025)


ROCO:6548 Chang Wah Technology Co Ltd ROCO:6548
71 GF Score
Price NT$83.90
GF Value NT$39.46
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Chang Wah Technology Co E10?

Chang Wah Technology Co ROCO:6548 -1.29% 71 E10 is NT$1.51 as of Dec. 2025. GuruFocus rates ROCO:6548 with a GF Score™ of 71/100 and a GF Value™ of NT$39.46 (Significantly Overvalued). The stock has 8 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.

Chang Wah Technology Co'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$1.51 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Chang Wah Technology Co's average E10 Growth Rate was 14.40% 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.

As of today (2026-07-01), Chang Wah Technology Co's current stock price is NT$83.90. Chang Wah Technology Co's E10 for the quarter that ended in Dec. 2025 was NT$1.51. Chang Wah Technology Co's Shiller PE Ratio of today is 55.56.

During the past 13 years, the highest Shiller PE Ratio of Chang Wah Technology Co was 59.40. The lowest was 21.71. And the median was 27.41.


Chang Wah Technology Co  (ROCO:6548) 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.

Chang Wah Technology Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=83.90/1.51
=55.56

* 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 Chang Wah Technology Co was 59.40. The lowest was 21.71. And the median was 27.41.


Be Aware

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


Chang Wah Technology Co E10 Related Terms


Chang Wah Technology Co E10 Historical Data

* Premium members only.

The historical data trend for Chang Wah Technology 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.

Chang Wah Technology Co E10 Chart

Chang Wah Technology 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 0.00 1.32 1.51

Chang Wah Technology 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 1.32 1.38 1.40 1.47 1.51

ROCO:6548 vs NVDA, AVGO, MU: E10 Comparison

For the Semiconductors subindustry, Chang Wah Technology 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.


Chang Wah Technology Co Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Chang Wah Technology Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Chang Wah Technology Co's Shiller PE Ratio falls into.


ROCO:6548
71GF Score
Chang Wah Technology Co Ltd ROCO:6548
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chang Wah Technology 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, Chang Wah Technology 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)
=0.51/324.0540*324.0540
=0.510

Current CPI (Dec. 2025) = 324.0540.

Chang Wah Technology Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.035 238.132 0.048
201606 0.014 241.018 0.019
201609 0.011 241.428 0.015
201612 0.017 241.432 0.023
201703 0.003 243.801 0.004
201706 0.116 244.955 0.153
201709 0.218 246.819 0.286
201712 0.232 246.524 0.305
201803 0.188 249.554 0.244
201806 0.270 251.989 0.347
201809 0.288 252.439 0.370
201812 0.196 251.233 0.253
201903 0.140 254.202 0.178
201906 0.164 256.143 0.207
201909 0.208 256.759 0.263
201912 0.176 256.974 0.222
202003 0.144 258.115 0.181
202006 0.228 257.797 0.287
202009 0.312 260.280 0.388
202012 0.192 260.474 0.239
202103 0.268 264.877 0.328
202106 0.352 271.696 0.420
202109 0.640 274.310 0.756
202112 0.650 278.802 0.756
202203 0.750 287.504 0.845
202206 0.840 296.311 0.919
202209 1.000 296.808 1.092
202212 0.420 296.797 0.459
202303 0.410 301.836 0.440
202306 0.520 305.109 0.552
202309 0.450 307.789 0.474
202312 0.290 306.746 0.306
202403 0.470 312.332 0.488
202406 0.540 314.175 0.557
202409 0.450 315.301 0.462
202412 0.560 315.605 0.575
202503 0.440 319.799 0.446
202506 0.110 322.561 0.111
202509 0.560 324.800 0.559
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$1.51 mean?
Chang Wah Technology Co (ROCO:6548) has a E10 of NT$1.51 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Chang Wah Technology Co and its competitors.
Is Chang Wah Technology Co's E10 too high?
Chang Wah Technology Co's current E10 is NT$1.51. Overall, Chang Wah Technology Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chang Wah Technology Co's E10 compare to NVDA and AVGO?
Chang Wah Technology Co's E10 of NT$1.51 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good E10 depends on the Semiconductors 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 Chang Wah Technology Co and its competitors. Chang Wah Technology Co's current E10 is NT$1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chang Wah Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chang Wah Technology Co (ROCO:6548) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$39.46, compared to a current price of NT$83.90 — trading 112.6% above its estimated fair value. The current E10 is NT$1.51. Chang Wah Technology Co's overall GF Score™ is 71/100 with 8 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 Chang Wah Technology Co (ROCO:6548), the current E10 is NT$1.51 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 Chang Wah Technology Co (ROCO:6548) Overvalued in 2026?

Based on GuruFocus' analysis, Chang Wah Technology Co stock appears to be overvalued. The current stock price of NT$83.90 is trading 112.6% above its estimated GF Value™ of NT$39.46. GuruFocus considers Chang Wah Technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:6548:

  • E10: NT$1.51
  • GF Value™: NT$39.46 vs. price of NT$83.90 (112.6% above fair value)
  • GF Score™: 71/100 with 8 warning signs

No single metric tells the full story. See the ROCO:6548 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chang Wah Technology Co Business Description

Address No. 24, Kaifa Road, Nanzi District, Kaohsiung, TWN, 811
Chang Wah Technology Co Ltd mainly manufactures industrial plastic products and electronics components, and sells electronics components and machinery, and tools. The company focuses on manufacturing semiconductor frames, offering different products such as IC-Pin lead Frame, IC-Leadless lead Frame, IC-Special surface treatment, EMC lead frame, and PreMold lead frame. Along with its subsidiaries, the company operates in the following reportable segments: CWTC, CWTS, SHAP, Shing Zheng Investment, SHEC, SHPC, SHS, MSHE, WSP, and CWES. Maximum revenue is generated from its CWTC segment. Geographically, the group operates in Taiwan, Asia, and other regions.
71GF Score

Get the complete analysis for ROCO:6548

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

NT$83.90
Price
NT$39.46
GF Value