China Times Co (ROCO:8923) E10: NT$1.18 (As of Jun. 2026)

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ROCO:8923 China Times Co Ltd ROCO:8923
77 GF Score
Price NT$18.60
GF Value NT$19.50
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is China Times Co E10?

China Times Co ROCO:8923 77 E10 is NT$1.18 as of Jun. 2026. GuruFocus rates ROCO:8923 with a GF Score™ of 77/100 and a GF Value™ of NT$19.50 (Fairly Valued). 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.

China Times Co's adjusted earnings per share data for the three months ended in Jun. 2026 was NT$0.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.18 for the trailing ten years ended in Jun. 2026.

During the past 12 months, China Times Co's average E10 Growth Rate was -1.70% per year. During the past 3 years, the average E10 Growth Rate was 0.90% per year. During the past 5 years, the average E10 Growth Rate was 3.40% 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 China Times Co was 5.40% per year. The lowest was 0.90% per year. And the median was 3.25% per year.

As of today (2026-08-29), China Times Co's current stock price is NT$18.60. China Times Co's E10 for the quarter that ended in Jun. 2026 was NT$1.18. China Times Co's Shiller PE Ratio of today is 15.76.

During the past 13 years, the highest Shiller PE Ratio of China Times Co was 20.86. The lowest was 12.83. And the median was 16.54.


China Times Co  (ROCO:8923) 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.

China Times Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.60/1.18
=15.76

* 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 China Times Co was 20.86. The lowest was 12.83. And the median was 16.54.


Be Aware

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


China Times Co E10 Related Terms


China Times Co E10 Historical Data

* Premium members only.

The historical data trend for China Times 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.

China Times Co E10 Chart

China Times 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 1.04 1.14 1.17 1.17 1.17

China Times Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.20 1.18 1.17 1.16 1.18

ROCO:8923 vs NYT, WLY: E10 Comparison

For the Publishing subindustry, China Times 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.


China Times Co Shiller PE Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Times Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Times Co's Shiller PE Ratio falls into.


ROCO:8923
77GF Score
China Times Co Ltd ROCO:8923
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Times 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, China Times Co's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.2/333.9520*333.9520
=0.200

Current CPI (Jun. 2026) = 333.9520.

China Times Co Quarterly Data

per share eps CPI Adj_EPS
201609 0.220 241.428 0.304
201612 0.330 241.432 0.456
201703 0.180 243.801 0.247
201706 0.200 244.955 0.273
201709 -0.002 246.819 -0.003
201712 0.650 246.524 0.881
201803 0.450 249.554 0.602
201806 0.140 251.989 0.186
201809 -0.130 252.439 -0.172
201812 0.490 251.233 0.651
201903 0.280 254.202 0.368
201906 0.370 256.143 0.482
201909 0.050 256.759 0.065
201912 0.290 256.974 0.377
202003 0.010 258.115 0.013
202006 0.280 257.797 0.363
202009 0.210 260.280 0.269
202012 0.450 260.474 0.577
202103 0.160 264.877 0.202
202106 0.040 271.696 0.049
202109 0.460 274.310 0.560
202112 0.340 278.802 0.407
202203 0.330 287.504 0.383
202206 0.290 296.311 0.327
202209 0.320 296.808 0.360
202212 0.190 296.797 0.214
202303 0.070 301.836 0.077
202306 0.250 305.109 0.274
202309 0.230 307.789 0.250
202312 0.330 306.746 0.359
202403 0.340 312.332 0.364
202406 0.130 314.175 0.138
202409 0.130 315.301 0.138
202412 0.330 315.605 0.349
202503 0.480 319.799 0.501
202506 0.052 322.561 0.054
202509 0.060 324.800 0.062
202512 0.360 324.054 0.371
202603 0.180 330.213 0.182
202606 0.200 333.952 0.200

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$1.18 mean?
China Times Co (ROCO:8923) has a E10 of NT$1.18 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on China Times Co and its competitors.
Is China Times Co's E10 too high?
China Times Co's current E10 is NT$1.18. Overall, China Times Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Times Co's E10 compare to NYT and WLY?
China Times Co's E10 of NT$1.18 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good E10 depends on the Media - Diversified 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 China Times Co and its competitors. China Times Co's current E10 is NT$1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Times Co stock overvalued right now?
Based on GuruFocus' analysis, China Times Co (ROCO:8923) is currently considered Fairly Valued. The stock's GF Value™ is NT$19.50, compared to a current price of NT$18.60 — trading 4.6% below its estimated fair value. The current E10 is NT$1.18. China Times Co's overall GF Score™ is 77/100 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 China Times Co (ROCO:8923), the current E10 is NT$1.18 as of Jun. 2026. 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 China Times Co (ROCO:8923) Overvalued in 2026?

Based on GuruFocus' analysis, China Times Co stock appears to be undervalued. The current stock price of NT$18.60 is trading 4.6% below its estimated GF Value™ of NT$19.50. GuruFocus considers China Times Co to be Fairly Valued.

Key valuation signals for ROCO:8923:

  • E10: NT$1.18
  • GF Value™: NT$19.50 vs. price of NT$18.60 (4.6% below fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the ROCO:8923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Times Co Business Description

Address No. 240, Heping West Road, 1-7 Floor, Section 3, Wanhua District, Taipei, TWN, 108
China Times Co Ltd is a Taiwan-based company principally engaged in the publishing and distribution of books and magazines. Its activities mainly include editing, publishing, and wholesale distribution of books and magazines, as well as exhibition services.
77GF Score

Get the complete analysis for ROCO:8923

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

NT$18.60
Price
NT$19.50
GF Value