E Ink Holdings (ROCO:8069) E10: NT$5.40 (As of Dec. 2025)


ROCO:8069 E Ink Holdings Inc ROCO:8069
93 GF Score
Price NT$204.00
GF Value NT$267.31
Valuation Modestly Undervalued
! 2 Warning Signs
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What is E Ink Holdings E10?

E Ink Holdings ROCO:8069 -4.90% 93 E10 is NT$5.40 as of Dec. 2025. GuruFocus rates ROCO:8069 with a GF Score™ of 93/100 and a GF Value™ of NT$267.31 (Modestly Undervalued). 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.

E Ink Holdings's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.960. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$5.40 for the trailing ten years ended in Dec. 2025.

During the past 12 months, E Ink Holdings's average E10 Growth Rate was 18.70% per year. During the past 3 years, the average E10 Growth Rate was 23.20% per year. During the past 5 years, the average E10 Growth Rate was 25.90% 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 E Ink Holdings was 36.00% per year. The lowest was -2.30% per year. And the median was 23.20% per year.

As of today (2026-07-01), E Ink Holdings's current stock price is NT$204.00. E Ink Holdings's E10 for the quarter that ended in Dec. 2025 was NT$5.40. E Ink Holdings's Shiller PE Ratio of today is 37.78.

During the past 13 years, the highest Shiller PE Ratio of E Ink Holdings was 104.78. The lowest was 10.97. And the median was 44.86.


E Ink Holdings  (ROCO:8069) 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.

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

Shiller PE Ratio=Share Price/E10
=204.00/5.40
=37.78

* 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 E Ink Holdings was 104.78. The lowest was 10.97. And the median was 44.86.


Be Aware

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


E Ink Holdings E10 Related Terms


E Ink Holdings E10 Historical Data

* Premium members only.

The historical data trend for E Ink Holdings'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.

E Ink Holdings E10 Chart

E Ink Holdings 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 1.81 2.89 3.67 4.55 5.40

E Ink Holdings 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 4.55 4.82 5.11 5.41 5.40

ROCO:8069 vs APH, GLW: E10 Comparison

For the Electronic Components subindustry, E Ink Holdings'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.


E Ink Holdings Shiller PE Ratio vs Hardware Industry

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

* The bar in red indicates where E Ink Holdings's Shiller PE Ratio falls into.


ROCO:8069
93GF Score
E Ink Holdings Inc ROCO:8069
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

E Ink Holdings 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, E Ink Holdings'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)
=0.96/324.0540*324.0540
=0.960

Current CPI (Dec. 2025) = 324.0540.

E Ink Holdings Quarterly Data

per share eps CPI Adj_EPS
201603 -0.240 238.132 -0.327
201606 0.680 241.018 0.914
201609 0.450 241.428 0.604
201612 0.790 241.432 1.060
201703 0.130 243.801 0.173
201706 0.710 244.955 0.939
201709 1.040 246.819 1.365
201712 -0.050 246.524 -0.066
201803 0.040 249.554 0.052
201806 0.760 251.989 0.977
201809 0.740 252.439 0.950
201812 0.770 251.233 0.993
201903 0.390 254.202 0.497
201906 0.780 256.143 0.987
201909 1.010 256.759 1.275
201912 0.540 256.974 0.681
202003 0.690 258.115 0.866
202006 0.860 257.797 1.081
202009 0.720 260.280 0.896
202012 0.900 260.474 1.120
202103 1.020 264.877 1.248
202106 1.220 271.696 1.455
202109 1.070 274.310 1.264
202112 1.200 278.802 1.395
202203 1.270 287.504 1.431
202206 2.060 296.311 2.253
202209 3.680 296.808 4.018
202212 1.590 296.797 1.736
202303 1.520 301.836 1.632
202306 2.100 305.109 2.230
202309 2.080 307.789 2.190
202312 1.080 306.746 1.141
202403 1.150 312.332 1.193
202406 1.750 314.175 1.805
202409 1.740 315.301 1.788
202412 3.040 315.605 3.121
202503 1.900 319.799 1.925
202506 2.570 322.561 2.582
202509 3.650 324.800 3.642
202512 0.960 324.054 0.960

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$5.40 mean?
E Ink Holdings (ROCO:8069) has a E10 of NT$5.40 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on E Ink Holdings and its competitors.
Is E Ink Holdings' E10 too high?
E Ink Holdings' current E10 is NT$5.40. Overall, E Ink Holdings has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does E Ink Holdings' E10 compare to APH and GLW?
E Ink Holdings' E10 of NT$5.40 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 E Ink Holdings and its competitors. E Ink Holdings's current E10 is NT$5.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E Ink Holdings stock overvalued right now?
Based on GuruFocus' analysis, E Ink Holdings (ROCO:8069) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$267.31, compared to a current price of NT$204.00 — trading 23.7% below its estimated fair value. The current E10 is NT$5.40. E Ink Holdings' overall GF Score™ is 93/100 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 E Ink Holdings (ROCO:8069), the current E10 is NT$5.40 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 E Ink Holdings (ROCO:8069) Overvalued in 2026?

Based on GuruFocus' analysis, E Ink Holdings stock appears to be undervalued. The current stock price of NT$204.00 is trading 23.7% below its estimated GF Value™ of NT$267.31. GuruFocus considers E Ink Holdings to be Modestly Undervalued.

Key valuation signals for ROCO:8069:

  • E10: NT$5.40
  • GF Value™: NT$267.31 vs. price of NT$204.00 (23.7% below fair value)
  • GF Score™: 93/100 with 2 warning signs

No single metric tells the full story. See the ROCO:8069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


E Ink Holdings Business Description

Address No. 3, Lixing 1st Road, Hsinchu Science Park, Hsinchu, TWN, 300
E Ink Holdings Inc researches, develops, manufactures, and sells electronic paper display panels. The Company sells e-paper products such as Internet of Things applications and consumer electronics. The Group operates in three principal geographical areas - ROC, Asia and America.
93GF Score

Get the complete analysis for ROCO:8069

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

NT$204.00
Price
NT$267.31
GF Value