Brinno (ROCO:7402) E10: NT$1.29 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:7402 Brinno Inc ROCO:7402
69 GF Score
Price NT$144.00
GF Value NT$78.42
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Brinno E10?

Brinno ROCO:7402 +9.92% 69 E10 is NT$1.29 as of Dec. 2025. GuruFocus rates ROCO:7402 with a GF Score™ of 69/100 and a GF Value™ of NT$78.42 (Significantly Overvalued). The stock has 4 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.

Brinno's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.29 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Brinno's average E10 Growth Rate was -9.80% 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.

As of today (2026-07-14), Brinno's current stock price is NT$144.00. Brinno's E10 for the quarter that ended in Dec. 2025 was NT$1.29. Brinno's Shiller PE Ratio of today is 111.63.

During the past 13 years, the highest Shiller PE Ratio of Brinno was 118.52. The lowest was 44.53. And the median was 67.37.


Brinno  (ROCO:7402) 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.

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

Shiller PE Ratio=Share Price/E10
=144.00/1.29
=111.63

* 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 Brinno was 118.52. The lowest was 44.53. And the median was 67.37.


Be Aware

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


Brinno E10 Related Terms


Brinno E10 Historical Data

* Premium members only.

The historical data trend for Brinno'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.

Brinno E10 Chart

Brinno 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 1.45 1.43 1.29

Brinno 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 1.43 1.44 1.35 1.33 1.29

ROCO:7402 vs ALLE, MSA, ADT: E10 Comparison

For the Security & Protection Services subindustry, Brinno'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.


Brinno Shiller PE Ratio vs Business Services Industry

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

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


ROCO:7402
69GF Score
Brinno Inc ROCO:7402
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brinno 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, Brinno'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)
=0.05/324.0540*324.0540
=0.050

Current CPI (Dec. 2025) = 324.0540.

Brinno Quarterly Data

per share eps CPI Adj_EPS
201603 0.172 238.132 0.234
201606 0.225 241.018 0.303
201609 0.259 241.428 0.348
201612 0.707 241.432 0.949
201703 -0.228 243.801 -0.303
201706 0.540 244.955 0.714
201709 0.267 246.819 0.351
201712 0.008 246.524 0.011
201803 0.041 249.554 0.053
201806 0.527 251.989 0.678
201809 0.194 252.439 0.249
201812 0.397 251.233 0.512
201903 0.292 254.202 0.372
201906 0.680 256.143 0.860
201909 0.138 256.759 0.174
201912 -0.251 256.974 -0.317
202003 0.026 258.115 0.033
202006 0.130 257.797 0.163
202009 0.472 260.280 0.588
202012 0.281 260.474 0.350
202103 0.154 264.877 0.188
202106 0.454 271.696 0.541
202109 0.448 274.310 0.529
202112 0.362 278.802 0.421
202203 0.162 287.504 0.183
202206 0.819 296.311 0.896
202209 0.850 296.808 0.928
202212 -0.070 296.797 -0.076
202303 0.010 301.836 0.011
202306 0.710 305.109 0.754
202309 0.580 307.789 0.611
202312 -0.010 306.746 -0.011
202403 0.420 312.332 0.436
202406 0.630 314.175 0.650
202409 0.110 315.301 0.113
202412 0.310 315.605 0.318
202503 0.420 319.799 0.426
202506 -0.580 322.561 -0.583
202509 0.170 324.800 0.170
202512 0.050 324.054 0.050

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$1.29 mean?
Brinno (ROCO:7402) has a E10 of NT$1.29 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Brinno and its competitors.
Is Brinno's E10 too high?
Brinno's current E10 is NT$1.29. Overall, Brinno has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Brinno's E10 compare to ALLE and MSA?
Brinno's E10 of NT$1.29 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 Brinno and its competitors. Brinno's current E10 is NT$1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brinno stock overvalued right now?
Based on GuruFocus' analysis, Brinno (ROCO:7402) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$78.42, compared to a current price of NT$144.00 — trading 83.6% above its estimated fair value. The current E10 is NT$1.29. Brinno's overall GF Score™ is 69/100 with 4 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 Brinno (ROCO:7402), the current E10 is NT$1.29 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 Brinno (ROCO:7402) Overvalued in 2026?

Based on GuruFocus' analysis, Brinno stock appears to be overvalued. The current stock price of NT$144.00 is trading 83.6% above its estimated GF Value™ of NT$78.42. GuruFocus considers Brinno to be Significantly Overvalued.

Key valuation signals for ROCO:7402:

  • E10: NT$1.29
  • GF Value™: NT$78.42 vs. price of NT$144.00 (83.6% above fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the ROCO:7402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brinno Business Description

Address No. 588, Ruiguang Road, 9th Floor, Neihu District, Taipei, TWN, 11493
Brinno Inc is engaged in the manufacturing of digital surveillance cameras. The Company's products include Time Lapse Camera, Construction Camera, Outdoor Security Camera, Front Door Security Camera, PeepHole Camera, and others. The company's main business includes: Wholesale of computer and office equipment, International trade, Information software services, Data processing services, Electronic information supply and service industries, and Product design industry.
69GF Score

Get the complete analysis for ROCO:7402

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

NT$144.00
Price
NT$78.42
GF Value