Topview Optronics (ROCO:6556) E10: NT$5.27 (As of Dec. 2025)

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ROCO:6556 Topview Optronics Corp ROCO:6556
79 GF Score
Price NT$65.50
GF Value NT$63.87
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Topview Optronics E10?

Topview Optronics ROCO:6556 +0.46% 79 E10 is NT$5.27 as of Dec. 2025. GuruFocus rates ROCO:6556 with a GF Score™ of 79/100 and a GF Value™ of NT$63.87 (Fairly Valued). The stock has 1 warning sign 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.

Topview Optronics's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$1.850. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$5.27 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Topview Optronics's average E10 Growth Rate was 5.20% 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 (2026-07-18), Topview Optronics's current stock price is NT$65.50. Topview Optronics's E10 for the quarter that ended in Dec. 2025 was NT$5.27. Topview Optronics's Shiller PE Ratio of today is 12.43.

During the past 13 years, the highest Shiller PE Ratio of Topview Optronics was 19.82. The lowest was 12.35. And the median was 14.07.


Topview Optronics  (ROCO:6556) 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.

Topview Optronics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=65.50/5.27
=12.43

* 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 Topview Optronics was 19.82. The lowest was 12.35. And the median was 14.07.


Be Aware

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


Topview Optronics E10 Related Terms


Topview Optronics E10 Historical Data

* Premium members only.

The historical data trend for Topview Optronics'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.

Topview Optronics E10 Chart

Topview Optronics 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 5.01 5.27

Topview Optronics 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 5.01 5.15 5.17 5.35 5.27

ROCO:6556 vs ALLE, MSA, ADT: E10 Comparison

For the Security & Protection Services subindustry, Topview Optronics'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.


Topview Optronics Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Topview Optronics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Topview Optronics's Shiller PE Ratio falls into.


ROCO:6556
79GF Score
Topview Optronics Corp ROCO:6556
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Topview Optronics 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, Topview Optronics'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)
=1.85/324.0540*324.0540
=1.850

Current CPI (Dec. 2025) = 324.0540.

Topview Optronics Quarterly Data

per share eps CPI Adj_EPS
201603 0.754 238.132 1.026
201606 0.150 241.018 0.202
201609 0.820 241.428 1.101
201612 1.220 241.432 1.638
201703 0.489 243.801 0.650
201706 -0.320 244.955 -0.423
201709 2.090 246.819 2.744
201712 -0.390 246.524 -0.513
201803 -0.720 249.554 -0.935
201806 0.830 251.989 1.067
201809 0.500 252.439 0.642
201812 0.780 251.233 1.006
201903 0.560 254.202 0.714
201906 0.790 256.143 0.999
201909 0.810 256.759 1.022
201912 0.370 256.974 0.467
202003 1.260 258.115 1.582
202006 0.520 257.797 0.654
202009 0.110 260.280 0.137
202012 0.330 260.474 0.411
202103 0.640 264.877 0.783
202106 1.020 271.696 1.217
202109 1.460 274.310 1.725
202112 1.330 278.802 1.546
202203 1.840 287.504 2.074
202206 2.240 296.311 2.450
202209 3.140 296.808 3.428
202212 2.640 296.797 2.882
202303 1.910 301.836 2.051
202306 2.160 305.109 2.294
202309 1.250 307.789 1.316
202312 0.810 306.746 0.856
202403 2.990 312.332 3.102
202406 3.080 314.175 3.177
202409 1.470 315.301 1.511
202412 1.250 315.605 1.283
202503 1.980 319.799 2.006
202506 1.090 322.561 1.095
202509 1.830 324.800 1.826
202512 1.850 324.054 1.850

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$5.27 mean?
Topview Optronics (ROCO:6556) has a E10 of NT$5.27 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Topview Optronics and its competitors.
Is Topview Optronics' E10 too high?
Topview Optronics' current E10 is NT$5.27. Overall, Topview Optronics has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Topview Optronics' E10 compare to ALLE and MSA?
Topview Optronics' E10 of NT$5.27 can be compared against companies in the Business Services 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 Business Services company?
A good E10 depends on the Business Services 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 Topview Optronics and its competitors. Topview Optronics's current E10 is NT$5.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topview Optronics stock overvalued right now?
Based on GuruFocus' analysis, Topview Optronics (ROCO:6556) is currently considered Fairly Valued. The stock's GF Value™ is NT$63.87, compared to a current price of NT$65.50 — trading 2.6% above its estimated fair value. The current E10 is NT$5.27. Topview Optronics' overall GF Score™ is 79/100 with 1 warning sign 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 Topview Optronics (ROCO:6556), the current E10 is NT$5.27 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 Topview Optronics (ROCO:6556) Overvalued in 2026?

Based on GuruFocus' analysis, Topview Optronics stock appears to be overvalued. The current stock price of NT$65.50 is trading 2.6% above its estimated GF Value™ of NT$63.87. GuruFocus considers Topview Optronics to be Fairly Valued.

Key valuation signals for ROCO:6556:

  • E10: NT$5.27
  • GF Value™: NT$63.87 vs. price of NT$65.50 (2.6% above fair value)
  • GF Score™: 79/100 with 1 warning sign

No single metric tells the full story. See the ROCO:6556 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topview Optronics Business Description

Address No. 10, Dacheng Road, Taoyuan Distric, Taoyuan, TWN
Topview Optronics Corp is involved in the manufacturing, trading, import and export of security monitors. Its products are IP cameras of 1,2,3-megapixel, speed dome, and accessories such as bracket.
79GF Score

Get the complete analysis for ROCO:6556

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

NT$65.50
Price
NT$63.87
GF Value