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Gold Circuit Electronics (TPE:2368) E10 : NT$3.38 (As of Mar. 2024)


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What is Gold Circuit Electronics 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.

Gold Circuit Electronics's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$2.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$3.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gold Circuit Electronics's average E10 Growth Rate was 52.30% 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 (2024-05-24), Gold Circuit Electronics's current stock price is NT$203.00. Gold Circuit Electronics's E10 for the quarter that ended in Mar. 2024 was NT$3.38. Gold Circuit Electronics's Shiller PE Ratio of today is 60.06.

During the past 13 years, the highest Shiller PE Ratio of Gold Circuit Electronics was 1500.00. The lowest was 0.02. And the median was 75.49.


Gold Circuit Electronics E10 Historical Data

The historical data trend for Gold Circuit Electronics'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.

Gold Circuit Electronics E10 Chart

Gold Circuit Electronics 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 -0.45 -0.06 0.61 2.00 3.02

Gold Circuit Electronics 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 2.22 2.45 2.73 3.02 3.38

Competitive Comparison of Gold Circuit Electronics's E10

For the Electronic Components subindustry, Gold Circuit Electronics'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.


Gold Circuit Electronics's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gold Circuit Electronics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gold Circuit Electronics's Shiller PE Ratio falls into.



Gold Circuit Electronics 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, Gold Circuit Electronics'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)
=2.45/131.7762*131.7762
=2.450

Current CPI (Mar. 2024) = 131.7762.

Gold Circuit Electronics Quarterly Data

per share eps CPI Adj_EPS
201406 0.144 100.560 0.189
201409 0.700 100.428 0.919
201412 0.856 99.070 1.139
201503 0.500 99.621 0.661
201506 -0.178 100.684 -0.233
201509 -0.044 100.392 -0.058
201512 -0.078 99.792 -0.103
201603 -0.356 100.470 -0.467
201606 0.133 101.688 0.172
201609 0.256 101.861 0.331
201612 0.256 101.863 0.331
201703 -0.378 102.862 -0.484
201706 0.100 103.349 0.128
201709 -0.256 104.136 -0.324
201712 -0.022 104.011 -0.028
201803 -0.311 105.290 -0.389
201806 0.200 106.317 0.248
201809 0.522 106.507 0.646
201812 0.044 105.998 0.055
201903 -0.444 107.251 -0.546
201906 -0.167 108.070 -0.204
201909 0.200 108.329 0.243
201912 0.667 108.420 0.811
202003 0.822 108.902 0.995
202006 1.511 108.767 1.831
202009 1.178 109.815 1.414
202012 0.722 109.897 0.866
202103 1.211 111.754 1.428
202106 1.489 114.631 1.712
202109 1.450 115.734 1.651
202112 1.500 117.630 1.680
202203 1.490 121.301 1.619
202206 2.700 125.017 2.846
202209 2.720 125.227 2.862
202212 1.920 125.222 2.020
202303 0.880 127.348 0.911
202306 1.680 128.729 1.720
202309 2.390 129.860 2.425
202312 2.280 129.419 2.322
202403 2.450 131.776 2.450

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


Gold Circuit Electronics  (TPE:2368) 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.

Gold Circuit Electronics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=203.00/3.38
=60.06

* 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 Gold Circuit Electronics was 1500.00. The lowest was 0.02. And the median was 75.49.


Be Aware

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


Gold Circuit Electronics E10 Related Terms

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


Gold Circuit Electronics (TPE:2368) Business Description

Traded in Other Exchanges
N/A
Address
No. 113, Xiyuan Road, Zhongli Industrial Park, Zhongli District, Taoyuan, TWN, 320
Gold Circuit Electronics Ltd manufactures, processes and sells printed circuit boards for various applications. Its products are applies in notebooks, handheld devices, telecommunications, networking and server & storage fields, among others.

Gold Circuit Electronics (TPE:2368) Headlines

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