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China Fineblanking Technology Co (ROCO:1586) E10 : NT$0.54 (As of Mar. 2024)


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What is China Fineblanking Technology Co E10?

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 Fineblanking Technology Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Fineblanking Technology Co's average E10 Growth Rate was -10.00% per year. During the past 3 years, the average E10 Growth Rate was 2.50% 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 Fineblanking Technology Co was 21.40% per year. The lowest was 2.50% per year. And the median was 11.95% per year.

As of today (2024-06-10), China Fineblanking Technology Co's current stock price is NT$31.10. China Fineblanking Technology Co's E10 for the quarter that ended in Mar. 2024 was NT$0.54. China Fineblanking Technology Co's Shiller PE Ratio of today is 57.59.

During the past 13 years, the highest Shiller PE Ratio of China Fineblanking Technology Co was 103.52. The lowest was 45.47. And the median was 58.38.


China Fineblanking Technology Co E10 Historical Data

The historical data trend for China Fineblanking Technology 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.

* Premium members only.

China Fineblanking Technology Co E10 Chart

China Fineblanking Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.51 0.61 0.68 0.55

China Fineblanking Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.60 0.59 0.57 0.55 0.54

Competitive Comparison of China Fineblanking Technology Co's E10

For the Metal Fabrication subindustry, China Fineblanking Technology 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 Fineblanking Technology Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Fineblanking Technology Co's Shiller PE Ratio distribution charts can be found below:

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



China Fineblanking Technology 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 Fineblanking Technology Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.29/131.7762*131.7762
=0.290

Current CPI (Mar. 2024) = 131.7762.

China Fineblanking Technology Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.118 100.560 0.155
201409 0.235 100.428 0.308
201412 0.266 99.070 0.354
201503 0.047 99.621 0.062
201506 -0.282 100.684 -0.369
201509 -0.291 100.392 -0.382
201512 0.311 99.792 0.411
201603 -0.002 100.470 -0.003
201606 -0.561 101.688 -0.727
201609 -0.386 101.861 -0.499
201612 0.324 101.863 0.419
201703 0.079 102.862 0.101
201706 -0.053 103.349 -0.068
201709 0.195 104.136 0.247
201712 0.151 104.011 0.191
201803 0.177 105.290 0.222
201806 0.496 106.317 0.615
201809 0.539 106.507 0.667
201812 -0.046 105.998 -0.057
201903 -0.428 107.251 -0.526
201906 0.418 108.070 0.510
201909 0.020 108.329 0.024
201912 0.244 108.420 0.297
202003 0.166 108.902 0.201
202006 0.556 108.767 0.674
202009 0.478 109.815 0.574
202012 0.461 109.897 0.553
202103 0.448 111.754 0.528
202106 0.338 114.631 0.389
202109 0.318 115.734 0.362
202112 0.100 117.630 0.112
202203 0.299 121.301 0.325
202206 0.388 125.017 0.409
202209 -0.030 125.227 -0.032
202212 -0.186 125.222 -0.196
202303 -0.700 127.348 -0.724
202306 -0.100 128.729 -0.102
202309 -0.129 129.860 -0.131
202312 0.255 129.419 0.260
202403 0.290 131.776 0.290

Add all the adjusted EPS together and divide 10 will get our e10.


China Fineblanking Technology Co  (ROCO:1586) 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 Fineblanking Technology Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=31.10/0.54
=57.59

* 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 Fineblanking Technology Co was 103.52. The lowest was 45.47. And the median was 58.38.


Be Aware

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


China Fineblanking Technology Co E10 Related Terms

Thank you for viewing the detailed overview of China Fineblanking Technology Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


China Fineblanking Technology Co (ROCO:1586) Business Description

Traded in Other Exchanges
N/A
Address
No.40, Xinggong Road, Shengang Township, Changhua County, Chang Hua, TWN, 51648
China Fineblanking Technology Co Ltd is engaged in the processing and manufacturing of various types of electronic and automotive parts. It is also engaged in on-electrolytic nickel plating surface treatment, double grinding, heat treatment, CNC machining, and gear machining. The Group has three reportable segments: HDD parts, Vehicle parts, and, Management and operation. The key revenue generator is the Vehicle Parts segment. It produces and sells vehicle parts.

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