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Kung Long Batteries Industrial Co (TPE:1537) E10 : NT$12.22 (As of Mar. 2024)


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What is Kung Long Batteries Industrial 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.

Kung Long Batteries Industrial Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$2.540. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$12.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kung Long Batteries Industrial Co's average E10 Growth Rate was 3.30% per year. During the past 3 years, the average E10 Growth Rate was 6.40% per year. During the past 5 years, the average E10 Growth Rate was 6.50% 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 Kung Long Batteries Industrial Co was 7.40% per year. The lowest was 6.40% per year. And the median was 7.10% per year.

As of today (2024-06-14), Kung Long Batteries Industrial Co's current stock price is NT$148.00. Kung Long Batteries Industrial Co's E10 for the quarter that ended in Mar. 2024 was NT$12.22. Kung Long Batteries Industrial Co's Shiller PE Ratio of today is 12.11.

During the past 13 years, the highest Shiller PE Ratio of Kung Long Batteries Industrial Co was 18.78. The lowest was 10.80. And the median was 12.98.


Kung Long Batteries Industrial Co E10 Historical Data

The historical data trend for Kung Long Batteries Industrial 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.

Kung Long Batteries Industrial Co E10 Chart

Kung Long Batteries Industrial 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 9.51 9.95 10.95 11.77 11.99

Kung Long Batteries Industrial 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 11.83 11.96 12.08 11.99 12.22

Competitive Comparison of Kung Long Batteries Industrial Co's E10

For the Electrical Equipment & Parts subindustry, Kung Long Batteries Industrial 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.


Kung Long Batteries Industrial Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kung Long Batteries Industrial Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Kung Long Batteries Industrial Co's Shiller PE Ratio falls into.



Kung Long Batteries Industrial 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, Kung Long Batteries Industrial 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)
=2.54/131.7762*131.7762
=2.540

Current CPI (Mar. 2024) = 131.7762.

Kung Long Batteries Industrial Co Quarterly Data

per share eps CPI Adj_EPS
201406 1.700 100.560 2.228
201409 2.240 100.428 2.939
201412 2.320 99.070 3.086
201503 1.890 99.621 2.500
201506 1.940 100.684 2.539
201509 3.070 100.392 4.030
201512 2.490 99.792 3.288
201603 2.280 100.470 2.990
201606 2.960 101.688 3.836
201609 2.760 101.861 3.571
201612 3.280 101.863 4.243
201703 2.190 102.862 2.806
201706 3.260 103.349 4.157
201709 2.670 104.136 3.379
201712 2.880 104.011 3.649
201803 2.430 105.290 3.041
201806 3.660 106.317 4.536
201809 3.490 106.507 4.318
201812 2.400 105.998 2.984
201903 3.130 107.251 3.846
201906 3.150 108.070 3.841
201909 3.090 108.329 3.759
201912 2.920 108.420 3.549
202003 2.560 108.902 3.098
202006 2.390 108.767 2.896
202009 2.950 109.815 3.540
202012 2.820 109.897 3.381
202103 2.760 111.754 3.254
202106 2.460 114.631 2.828
202109 0.660 115.734 0.751
202112 1.660 117.630 1.860
202203 3.140 121.301 3.411
202206 3.230 125.017 3.405
202209 3.080 125.227 3.241
202212 1.280 125.222 1.347
202303 1.480 127.348 1.531
202306 2.060 128.729 2.109
202309 2.210 129.860 2.243
202312 1.660 129.419 1.690
202403 2.540 131.776 2.540

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


Kung Long Batteries Industrial Co  (TPE:1537) 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.

Kung Long Batteries Industrial Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=148.00/12.22
=12.11

* 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 Kung Long Batteries Industrial Co was 18.78. The lowest was 10.80. And the median was 12.98.


Be Aware

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


Kung Long Batteries Industrial Co E10 Related Terms

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


Kung Long Batteries Industrial Co (TPE:1537) Business Description

Traded in Other Exchanges
N/A
Address
No.6, Tzu-Li 3rd Road, Nantou, TWN, 54067
Kung Long Batteries Industrial Co Ltd is a Taiwan based company. The Company is primarily engaged in the manufacture and sales of lead-acid batteries. The company has production facilities in Taiwan and Vietnam. The products are offered for a wide range of applications: multipurpose, cycling high-power, electric car, deep-cycle, renewable energy, and solar energy.

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