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GlobalWafers Co (ROCO:6488) E10 : NT$26.46 (As of Mar. 2024)


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What is GlobalWafers 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.

GlobalWafers Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$8.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$26.46 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GlobalWafers Co's average E10 Growth Rate was 13.80% 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.

As of today (2024-05-22), GlobalWafers Co's current stock price is NT$517.00. GlobalWafers Co's E10 for the quarter that ended in Mar. 2024 was NT$26.46. GlobalWafers Co's Shiller PE Ratio of today is 19.54.

During the past 12 years, the highest Shiller PE Ratio of GlobalWafers Co was 24.99. The lowest was 18.28. And the median was 21.20.


GlobalWafers Co E10 Historical Data

The historical data trend for GlobalWafers 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.

GlobalWafers Co E10 Chart

GlobalWafers 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 - - - - 25.42

GlobalWafers 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 23.25 24.00 25.13 25.42 26.46

Competitive Comparison of GlobalWafers Co's E10

For the Semiconductors subindustry, GlobalWafers 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.


GlobalWafers Co's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, GlobalWafers Co's Shiller PE Ratio distribution charts can be found below:

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



GlobalWafers 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, GlobalWafers 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)
=8.01/131.7762*131.7762
=8.010

Current CPI (Mar. 2024) = 131.7762.

GlobalWafers Co Quarterly Data

per share eps CPI Adj_EPS
201406 1.350 100.560 1.769
201409 1.810 100.428 2.375
201412 1.710 99.070 2.275
201503 1.400 99.621 1.852
201506 1.460 100.684 1.911
201509 1.690 100.392 2.218
201512 1.240 99.792 1.637
201603 0.780 100.470 1.023
201606 1.220 101.688 1.581
201609 1.000 101.861 1.294
201612 -0.460 101.863 -0.595
201703 0.940 102.862 1.204
201706 3.090 103.349 3.940
201709 3.780 104.136 4.783
201712 4.610 104.011 5.841
201803 6.350 105.290 7.947
201806 8.000 106.317 9.916
201809 8.280 106.507 10.244
201812 8.440 105.998 10.493
201903 8.840 107.251 10.862
201906 8.130 108.070 9.913
201909 7.620 108.329 9.269
201912 6.640 108.420 8.070
202003 6.580 108.902 7.962
202006 7.800 108.767 9.450
202009 7.770 109.815 9.324
202012 7.900 109.897 9.473
202103 6.170 111.754 7.275
202106 8.920 114.631 10.254
202109 6.910 115.734 7.868
202112 4.690 117.630 5.254
202203 4.010 121.301 4.356
202206 6.240 125.017 6.577
202209 10.310 125.227 10.849
202212 12.510 125.222 13.165
202303 10.690 127.348 11.062
202306 10.710 128.729 10.964
202309 12.580 129.860 12.766
202312 9.990 129.419 10.172
202403 8.010 131.776 8.010

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


GlobalWafers Co  (ROCO:6488) 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.

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

Shiller PE Ratio=Share Price/E10
=517.00/26.46
=19.54

* 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 12 years, the highest Shiller P/E Ratio of GlobalWafers Co was 24.99. The lowest was 18.28. And the median was 21.20.


Be Aware

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


GlobalWafers Co E10 Related Terms

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


GlobalWafers Co (ROCO:6488) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Industrial East Road 2, Science-Based Industrial Park, Hsinchu, TWN
GlobalWafers is 51% owned by Sino-American Silicon Products Inc, after being spun off in 2011. The main source of the company's revenue is selling silicon wafers to chipmakers like Taiwan Semiconductor and Texas Instruments. It also derives sales from nonsilicon wafers and green energy. GlobalWafers runs 17 production sites in nine countries across Asia, North America, and Europe. GlobalWafers is headquartered in Hsinchu, Taiwan, and employs over 7,000 people.

GlobalWafers Co (ROCO:6488) Headlines

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