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The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-16), Co-Tech Development's share price is NT$462.50.
Co-Tech Development's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$4.21. Therefore, Co-Tech Development's PE Ratio for today is 109.86.
During the past 13 years, Co-Tech Development's highest PE Ratio was 166.27. The lowest was 6.27. And the median was 18.15.
During the past 12 months, Co-Tech Development's average EPS without NRIGrowth Rate was 15.70% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 3.30% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 3.70% per year.
During the past 13 years, Co-Tech Development's highest 3-Year average EPS without NRI Growth Rate was 34.50% per year. The lowest was -28.20% per year. And the median was -15.40% per year.
Co-Tech Development's EPS (Basic) for the
three
months ended in Dec. 2025 was NT$1.50.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$4.21.
Back to Basics: PE Ratio
Co-Tech Development (ROCO:8358) PE Ratio Explanation
The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.
If a company loses money, the PE Ratio becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.
Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.
PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.
Co-Tech Development PE Ratio Related Terms
Co-Tech Development PE Ratio Historical Data
* Premium members only.
The historical data trend for Co-Tech Development's PE Ratio 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.
For the Electronic Components subindustry, Co-Tech Development's PE Ratio, along with its competitors' market caps and 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.
Co-Tech Development PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Co-Tech Development's PE Ratio distribution charts can be found below:
* The bar in red indicates where Co-Tech Development's PE Ratio falls into.
The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Co-Tech Development's Share Price of today is NT$462.50. Co-Tech Development's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$4.21.
* 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.
It can also be calculated from the numbers for the whole company:
There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Co-Tech Development (ROCO:8358) has a PE Ratio of 109.86 as of Jul. 16, 2026. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on Co-Tech Development and its competitors. This is 505% above median its historical median of 18.15. Over the past decade, Co-Tech Development's PE Ratio has ranged from 6.27 to 166.27.
Is Co-Tech Development's PE Ratio too high?
Co-Tech Development's current PE Ratio of 109.86 is 505% above median its 10-year median of 18.15. Over the past 10 years, this metric has ranged from a low of 6.27 to a high of 166.27. Overall, Co-Tech Development has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Co-Tech Development's PE Ratio compare to APH and GLW?
Co-Tech Development's PE Ratio of 109.86 can be compared against companies in the Hardware industry. Historically, Co-Tech Development's own PE Ratio has ranged from 6.27 to 166.27 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio for a Hardware company?
A good PE Ratio depends on the Hardware industry context. However, PE Ratio 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 PE Ratio mean?
A high PE Ratio can signal that a stock is expensive relative to its fundamentals. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on Co-Tech Development and its competitors. Co-Tech Development's current PE Ratio is 109.86, which is 505% above median its own 10-year median of 18.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Co-Tech Development stock overvalued right now?
Based on GuruFocus' analysis, Co-Tech Development (ROCO:8358) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$93.36, compared to a current price of NT$462.50 — trading 395.4% above its estimated fair value. The current PE Ratio is 109.86, which is 505% above median its 10-year median of 18.15. Co-Tech Development's overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio calculated?
PE Ratio is calculated from a company's financial statements. For Co-Tech Development (ROCO:8358), the current PE Ratio is 109.86 as of Jul. 16, 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 Co-Tech Development (ROCO:8358) Overvalued in 2026?
Based on GuruFocus' analysis, Co-Tech Development stock appears to be overvalued.
The current stock price of NT$462.50 is trading 395.4% above its estimated GF Value™ of NT$93.36.
GuruFocus considers Co-Tech Development to be Significantly Overvalued.
Key valuation signals for ROCO:8358:
PE Ratio: 109.86 (505% above median its 10-year median of 18.15)
GF Value™: NT$93.36 vs. price of NT$462.50 (395.4% above fair value)
No single metric tells the full story. See the ROCO:8358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Co-Tech Development Corp manufactures and sells standard, low profile and high-performance series of copper foil products to supply the printed circuit board industry. Its products include IT, 3C Products HDI, LED car lighting module, Server, Switch, Storage, Rigid-Flex PCB, Touch module, 3D face recognition, Automotive market, 5G Antenna Radar, ADAS, HDI / Rigid-Flex Board, Touch module, Wearable devices / VR, Augmented Reality, Mobile terminal, 3D face recognition, Communication module. The group has only copper foil segment operating in two principal geographical areas - Taiwan and China.
75GF Score
Get the complete analysis for ROCO:8358
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