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Hong Tai Electric Industrial Co (TPE:1612) E10 : NT$1.86 (As of Mar. 2024)


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What is Hong Tai Electric 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.

Hong Tai Electric Industrial Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.580. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hong Tai Electric Industrial Co's average E10 Growth Rate was 12.70% per year. During the past 3 years, the average E10 Growth Rate was 47.00% 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 Hong Tai Electric Industrial Co was 47.00% per year. The lowest was 43.90% per year. And the median was 45.45% per year.

As of today (2024-06-06), Hong Tai Electric Industrial Co's current stock price is NT$38.05. Hong Tai Electric Industrial Co's E10 for the quarter that ended in Mar. 2024 was NT$1.86. Hong Tai Electric Industrial Co's Shiller PE Ratio of today is 20.46.

During the past 13 years, the highest Shiller PE Ratio of Hong Tai Electric Industrial Co was 51.35. The lowest was 9.36. And the median was 20.20.


Hong Tai Electric Industrial Co E10 Historical Data

The historical data trend for Hong Tai Electric 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.

Hong Tai Electric Industrial Co E10 Chart

Hong Tai Electric 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 0.53 0.57 1.41 1.58 1.81

Hong Tai Electric 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 1.65 1.73 1.77 1.81 1.86

Competitive Comparison of Hong Tai Electric Industrial Co's E10

For the Electrical Equipment & Parts subindustry, Hong Tai Electric 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.


Hong Tai Electric Industrial Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hong Tai Electric Industrial Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hong Tai Electric Industrial Co's Shiller PE Ratio falls into.



Hong Tai Electric 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, Hong Tai Electric 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)
=0.58/131.7762*131.7762
=0.580

Current CPI (Mar. 2024) = 131.7762.

Hong Tai Electric Industrial Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.220 100.560 0.288
201409 0.140 100.428 0.184
201412 0.120 99.070 0.160
201503 0.070 99.621 0.093
201506 0.060 100.684 0.079
201509 -0.030 100.392 -0.039
201512 0.020 99.792 0.026
201603 0.010 100.470 0.013
201606 0.040 101.688 0.052
201609 0.170 101.861 0.220
201612 0.080 101.863 0.103
201703 0.200 102.862 0.256
201706 0.220 103.349 0.281
201709 0.180 104.136 0.228
201712 0.050 104.011 0.063
201803 0.130 105.290 0.163
201806 0.100 106.317 0.124
201809 0.200 106.507 0.247
201812 -0.050 105.998 -0.062
201903 0.250 107.251 0.307
201906 0.220 108.070 0.268
201909 0.060 108.329 0.073
201912 0.110 108.420 0.134
202003 -0.160 108.902 -0.194
202006 0.490 108.767 0.594
202009 0.810 109.815 0.972
202012 0.500 109.897 0.600
202103 0.560 111.754 0.660
202106 0.570 114.631 0.655
202109 0.360 115.734 0.410
202112 7.040 117.630 7.887
202203 0.360 121.301 0.391
202206 0.090 125.017 0.095
202209 0.250 125.227 0.263
202212 0.410 125.222 0.431
202303 0.500 127.348 0.517
202306 0.550 128.729 0.563
202309 0.380 129.860 0.386
202312 0.560 129.419 0.570
202403 0.580 131.776 0.580

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


Hong Tai Electric Industrial Co  (TPE:1612) 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.

Hong Tai Electric Industrial Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=38.05/1.86
=20.46

* 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 Hong Tai Electric Industrial Co was 51.35. The lowest was 9.36. And the median was 20.20.


Be Aware

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


Hong Tai Electric Industrial Co E10 Related Terms

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


Hong Tai Electric Industrial Co (TPE:1612) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Guojian 1st Rd, Guanyin District, Taoyuan, TWN
Hong Tai Electric Industrial Co Ltd manufactures & distributes electric wires & cables. It provides cross-linked polyethylene power cables, communication wires & cables, copper-clad laminates, insulation materials, & photovoltaics among others. The Group is organized into business units based on their products and services and has three reportable operating departments as follows A Dept, B Dept, and other Operating Dept. The majority of revenue comes from B Dept.

Hong Tai Electric Industrial Co (TPE:1612) Headlines

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