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Mildex OpticalROCO:4729 -0.26%54 PE Ratio (TTM) is 113.53 as of Jul. 23, 2026, which is 411% above its 10-year median of 22.20. GuruFocus rates ROCO:4729 with a GF Score™ of 54/100 and a GF Value™ of NT$19.28 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,639 Hardware companies, Mildex Optical ranks worse than 86.82% on this metric.
The PE Ratio (TTM), 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 (2026-07-23), Mildex Optical's share price is
NT$19.30.
Mildex Optical's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$0.17. Therefore, Mildex Optical's PE Ratio (TTM) for today is 113.53.
The historical rank and industry rank for Mildex Optical's PE Ratio (TTM) or its related term are showing as below:
ROCO:4729'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 5.85 Med: 22.2 Max: 1667.5
Current: 113.53
During the past 13 years, the highest PE Ratio (TTM) of Mildex Optical was 1667.50. The lowest was 5.85. And the median was 22.20.
ROCO:4729's PE Ratio (TTM) is ranked worse than 86.82% of 1639
companies
in the Hardware industry
Industry Median: 29.16
vs ROCO:4729: 113.53
During the past 12 months, Mildex Optical's average EPS without NRIGrowth Rate was -58.40% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was -42.60% per year.
During the past 13 years, Mildex Optical's highest 3-Year average EPS without NRI Growth Rate was 31.30% per year. The lowest was -42.60% per year. And the median was -13.25% per year.
Mildex Optical's EPS (Basic) for the
three
months ended in Dec. 2025 was NT$0.04.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$0.17.
Mildex Optical (ROCO:4729) PE Ratio (TTM) Explanation
The PE Ratio (TTM) 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 (TTM) 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 (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) 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 (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) 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 (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) 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 (TTM) 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 Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) 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 (TTM).
Mildex Optical PE Ratio (TTM) Related Terms
Mildex Optical PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for Mildex Optical's PE Ratio (TTM) 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, Mildex Optical's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.
Mildex Optical PE Ratio (TTM) vs Hardware Industry
For the Hardware industry and Technology sector, Mildex Optical's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Mildex Optical's PE Ratio (TTM) falls into.
The PE Ratio (TTM), 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.
Mildex Optical's PE Ratio (TTM) for today is calculated as
Mildex Optical's Share Price of today is NT$19.30.
Mildex Optical'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$0.17.
* 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 Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), 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.
Mildex Optical (ROCO:4729) has a PE Ratio (TTM) of 113.53 as of Jul. 23, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Mildex Optical and its competitors. This is 411% above median its historical median of 22.20. Over the past decade, Mildex Optical's PE Ratio (TTM) has ranged from 5.85 to 1,667.50. According to the industry distribution chart, Mildex Optical ranks #1423 out of 1639 companies in the Hardware industry, placing it in the top 86.8%.
Is Mildex Optical's PE Ratio (TTM) too high?
Mildex Optical's current PE Ratio (TTM) of 113.53 is 411% above median its 10-year median of 22.20. Over the past 10 years, this metric has ranged from a low of 5.85 to a high of 1,667.50. The Hardware industry median PE Ratio (TTM) is 29.16. Mildex Optical's value of 113.53 is 289.3% above this industry median. Based on the distribution chart, Mildex Optical ranks #1423 out of 1639 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Mildex Optical has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mildex Optical's PE Ratio (TTM) compare to APH and GLW?
According to the Hardware industry distribution chart, Mildex Optical ranks #1423 out of 1639 companies for PE Ratio (TTM). This places Mildex Optical in the lower half of its industry. The industry median PE Ratio (TTM) is 29.16. Mildex Optical's value of 113.53 is 289.3% above this benchmark. Historically, Mildex Optical's own PE Ratio (TTM) has ranged from 5.85 to 1,667.50 over the past decade. While the company's 10-year median is 22.20 vs. the industry median of 29.16, Mildex Optical has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio (TTM) for a Hardware company?
The median PE Ratio (TTM) among Hardware companies is 29.16, based on 1,639 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mildex Optical's current PE Ratio (TTM) of 113.53 is 289.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Mildex Optical and its competitors. For the Hardware industry, the median PE Ratio (TTM) is 29.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mildex Optical's current PE Ratio (TTM) is 113.53, which is 411% above median its own 10-year median of 22.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mildex Optical stock overvalued right now?
Based on GuruFocus' analysis, Mildex Optical (ROCO:4729) is currently considered Fairly Valued. The stock's GF Value™ is NT$19.28, compared to a current price of NT$19.30 — trading 0.1% above its estimated fair value. The current PE Ratio (TTM) is 113.53, which is 411% above median its 10-year median of 22.20 and 289.3% above the Hardware industry median of 29.16. Mildex Optical's overall GF Score™ is 54/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Mildex Optical (ROCO:4729), the current PE Ratio (TTM) is 113.53 as of Jul. 23, 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 Mildex Optical (ROCO:4729) Overvalued in 2026?
Based on GuruFocus' analysis, Mildex Optical stock appears to be overvalued.
The current stock price of NT$19.30 is trading 0.1% above its estimated GF Value™ of NT$19.28.
GuruFocus considers Mildex Optical to be Fairly Valued.
Key valuation signals for ROCO:4729:
PE Ratio (TTM): 113.53 (411% above median its 10-year median of 22.20)
GF Value™: NT$19.28 vs. price of NT$19.30 (0.1% above fair value)
Industry Position: 289.3% above the Hardware median (#1423 of 1639)
No single metric tells the full story. See the ROCO:4729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mildex Optical Inc is mainly engaged in the manufacture and trading of touch panels. The Company includes touch screen modules, touch display modules, and system total solutions. Its products include Touch Screens, Touch Display Modules, TPM & TDM Standard, and system solutions. It operates in Taiwan, which generates maximum revenue, as well as Asia, the Americas, and Europe.
54GF Score
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