Ruby Tech (ROCO:8048) E10: NT$3.06 (As of Dec. 2025)


ROCO:8048 Ruby Tech Corp ROCO:8048
80 GF Score
Price NT$61.90
GF Value NT$41.73
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Ruby Tech E10?

Ruby Tech ROCO:8048 -2.98% 80 E10 is NT$3.06 as of Dec. 2025. GuruFocus rates ROCO:8048 with a GF Score™ of 80/100 and a GF Value™ of NT$41.73 (Significantly Overvalued). 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.

Ruby Tech's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.990. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$3.06 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Ruby Tech's average E10 Growth Rate was -2.20% per year. During the past 3 years, the average E10 Growth Rate was 4.80% per year. During the past 5 years, the average E10 Growth Rate was 9.40% 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 Ruby Tech was 15.40% per year. The lowest was 4.80% per year. And the median was 12.20% per year.

As of today (2026-07-01), Ruby Tech's current stock price is NT$61.90. Ruby Tech's E10 for the quarter that ended in Dec. 2025 was NT$3.06. Ruby Tech's Shiller PE Ratio of today is 20.23.

During the past 13 years, the highest Shiller PE Ratio of Ruby Tech was 33.79. The lowest was 10.71. And the median was 15.58.


Ruby Tech  (ROCO:8048) 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.

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

Shiller PE Ratio=Share Price/E10
=61.90/3.06
=20.23

* 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 Ruby Tech was 33.79. The lowest was 10.71. And the median was 15.58.


Be Aware

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


Ruby Tech E10 Related Terms


Ruby Tech E10 Historical Data

* Premium members only.

The historical data trend for Ruby Tech'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.

Ruby Tech E10 Chart

Ruby Tech 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 2.36 2.66 3.04 3.13 3.06

Ruby Tech 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 3.13 3.18 3.10 3.04 3.06

ROCO:8048 vs CSCO, CIEN, MSI: E10 Comparison

For the Communication Equipment subindustry, Ruby Tech'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.


Ruby Tech Shiller PE Ratio vs Hardware Industry

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

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


ROCO:8048
80GF Score
Ruby Tech Corp ROCO:8048
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ruby Tech 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, Ruby Tech'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)
=0.99/324.0540*324.0540
=0.990

Current CPI (Dec. 2025) = 324.0540.

Ruby Tech Quarterly Data

per share eps CPI Adj_EPS
201603 0.604 238.132 0.822
201606 0.567 241.018 0.762
201609 0.394 241.428 0.529
201612 0.778 241.432 1.044
201703 0.238 243.801 0.316
201706 0.549 244.955 0.726
201709 0.769 246.819 1.010
201712 0.613 246.524 0.806
201803 0.458 249.554 0.595
201806 0.650 251.989 0.836
201809 0.339 252.439 0.435
201812 0.567 251.233 0.731
201903 0.686 254.202 0.875
201906 0.741 256.143 0.937
201909 0.741 256.759 0.935
201912 0.696 256.974 0.878
202003 0.128 258.115 0.161
202006 0.412 257.797 0.518
202009 0.320 260.280 0.398
202012 1.565 260.474 1.947
202103 1.131 264.877 1.384
202106 0.698 271.696 0.833
202109 0.330 274.310 0.390
202112 0.575 278.802 0.668
202203 0.264 287.504 0.298
202206 0.386 296.311 0.422
202209 0.922 296.808 1.007
202212 0.689 296.797 0.752
202303 0.689 301.836 0.740
202306 1.146 305.109 1.217
202309 1.460 307.789 1.537
202312 0.920 306.746 0.972
202403 1.010 312.332 1.048
202406 0.400 314.175 0.413
202409 0.170 315.301 0.175
202412 0.770 315.605 0.791
202503 0.660 319.799 0.669
202506 0.080 322.561 0.080
202509 0.920 324.800 0.918
202512 0.990 324.054 0.990

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$3.06 mean?
Ruby Tech (ROCO:8048) has a E10 of NT$3.06 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ruby Tech and its competitors.
Is Ruby Tech's E10 too high?
Ruby Tech's current E10 is NT$3.06. Overall, Ruby Tech has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ruby Tech's E10 compare to CSCO and CIEN?
Ruby Tech's E10 of NT$3.06 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 Ruby Tech and its competitors. Ruby Tech's current E10 is NT$3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ruby Tech stock overvalued right now?
Based on GuruFocus' analysis, Ruby Tech (ROCO:8048) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$41.73, compared to a current price of NT$61.90 — trading 48.3% above its estimated fair value. The current E10 is NT$3.06. Ruby Tech's overall GF Score™ is 80/100 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 Ruby Tech (ROCO:8048), the current E10 is NT$3.06 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 Ruby Tech (ROCO:8048) Overvalued in 2026?

Based on GuruFocus' analysis, Ruby Tech stock appears to be overvalued. The current stock price of NT$61.90 is trading 48.3% above its estimated GF Value™ of NT$41.73. GuruFocus considers Ruby Tech to be Significantly Overvalued.

Key valuation signals for ROCO:8048:

  • E10: NT$3.06
  • GF Value™: NT$41.73 vs. price of NT$61.90 (48.3% above fair value)
  • GF Score™: 80/100 with 5 warning signs

No single metric tells the full story. See the ROCO:8048 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ruby Tech Business Description

Address Nangang Road, 3rd Floor No.1, Lane 50, Section 3, Xixin Village, Nangang District, Tapei, TWN, 115
Ruby Tech Corp is engaged in the research, manufacturing, and trading of optical fiber network equipment for central offices and customer premises, network management switches, and outdoor wireless networking equipment. It is focused on OEM/ODM Business of Networking Products such as PoE Ethernet Switches, Industrial Switches, GEPON OLT/ONU, etc. The reportable segments of the company are: i) Computer and its peripheral equipment: Department 1, and ii) Computer and its peripheral equipment: Department 2. The majority of revenue is derived from Department 1.
80GF Score

Get the complete analysis for ROCO:8048

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

NT$61.90
Price
NT$41.73
GF Value