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Center Laboratories (ROCO:4123) E10 : NT$2.24 (As of Mar. 2024)


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What is Center Laboratories 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.

Center Laboratories's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$-0.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Center Laboratories's average E10 Growth Rate was -12.50% per year. During the past 3 years, the average E10 Growth Rate was 7.20% per year. During the past 5 years, the average E10 Growth Rate was 12.80% 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 Center Laboratories was 24.40% per year. The lowest was 7.20% per year. And the median was 14.20% per year.

As of today (2024-06-09), Center Laboratories's current stock price is NT$48.40. Center Laboratories's E10 for the quarter that ended in Mar. 2024 was NT$2.24. Center Laboratories's Shiller PE Ratio of today is 21.61.

During the past 13 years, the highest Shiller PE Ratio of Center Laboratories was 42.79. The lowest was 16.27. And the median was 21.21.


Center Laboratories E10 Historical Data

The historical data trend for Center Laboratories'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.

Center Laboratories E10 Chart

Center Laboratories 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 1.23 1.85 2.25 2.37 2.28

Center Laboratories 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 2.56 2.46 2.31 2.28 2.24

Competitive Comparison of Center Laboratories's E10

For the Drug Manufacturers - Specialty & Generic subindustry, Center Laboratories'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.


Center Laboratories's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Center Laboratories's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Center Laboratories's Shiller PE Ratio falls into.



Center Laboratories 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, Center Laboratories'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)
=-0.78/131.7762*131.7762
=-0.780

Current CPI (Mar. 2024) = 131.7762.

Center Laboratories Quarterly Data

per share eps CPI Adj_EPS
201406 0.263 100.560 0.345
201409 -0.284 100.428 -0.373
201412 0.738 99.070 0.982
201503 -0.156 99.621 -0.206
201506 -0.218 100.684 -0.285
201509 -0.016 100.392 -0.021
201512 1.229 99.792 1.623
201603 -0.119 100.470 -0.156
201606 -0.099 101.688 -0.128
201609 0.365 101.861 0.472
201612 -0.131 101.863 -0.169
201703 -0.040 102.862 -0.051
201706 -0.034 103.349 -0.043
201709 0.090 104.136 0.114
201712 0.438 104.011 0.555
201803 0.735 105.290 0.920
201806 0.245 106.317 0.304
201809 2.558 106.507 3.165
201812 6.189 105.998 7.694
201903 -0.371 107.251 -0.456
201906 0.062 108.070 0.076
201909 0.050 108.329 0.061
201912 -0.238 108.420 -0.289
202003 0.339 108.902 0.410
202006 2.096 108.767 2.539
202009 1.481 109.815 1.777
202012 2.107 109.897 2.526
202103 3.192 111.754 3.764
202106 1.846 114.631 2.122
202109 -1.280 115.734 -1.457
202112 -1.117 117.630 -1.251
202203 2.042 121.301 2.218
202206 -0.281 125.017 -0.296
202209 -1.680 125.227 -1.768
202212 0.030 125.222 0.032
202303 1.460 127.348 1.511
202306 -1.425 128.729 -1.459
202309 -1.490 129.860 -1.512
202312 -0.100 129.419 -0.102
202403 -0.780 131.776 -0.780

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


Center Laboratories  (ROCO:4123) 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.

Center Laboratories's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=48.40/2.24
=21.61

* 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 Center Laboratories was 42.79. The lowest was 16.27. And the median was 21.21.


Be Aware

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


Center Laboratories E10 Related Terms

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


Center Laboratories (ROCO:4123) Business Description

Traded in Other Exchanges
N/A
Address
No. 3-2, Park Street, 7th floor, Nangang District, Taipei, TWN
Center Laboratories Inc is active in the healthcare sector. The company provides solutions to special medication needs of infants, young children, the elderly, patients with dysphagia and special population. In addition to the diversification of new formulations of oral solution, Center Laboratories is dedicated to new drug development of CNS and pain treatment.

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