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Shin Zu Shing Co (TPE:3376) E10 : NT$8.09 (As of Mar. 2024)


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What is Shin Zu Shing 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.

Shin Zu Shing Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$1.670. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$8.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shin Zu Shing Co's average E10 Growth Rate was 1.90% per year. During the past 3 years, the average E10 Growth Rate was 7.20% 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 Shin Zu Shing Co was 9.40% per year. The lowest was 7.20% per year. And the median was 8.30% per year.

As of today (2024-05-26), Shin Zu Shing Co's current stock price is NT$199.00. Shin Zu Shing Co's E10 for the quarter that ended in Mar. 2024 was NT$8.09. Shin Zu Shing Co's Shiller PE Ratio of today is 24.60.

During the past 13 years, the highest Shiller PE Ratio of Shin Zu Shing Co was 26.41. The lowest was 9.49. And the median was 15.38.


Shin Zu Shing Co E10 Historical Data

The historical data trend for Shin Zu Shing 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.

Shin Zu Shing Co E10 Chart

Shin Zu Shing 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 6.02 6.46 7.28 7.89 7.95

Shin Zu Shing 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 7.94 8.05 8.07 7.95 8.09

Competitive Comparison of Shin Zu Shing Co's E10

For the Metal Fabrication subindustry, Shin Zu Shing 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.


Shin Zu Shing Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shin Zu Shing Co's Shiller PE Ratio distribution charts can be found below:

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



Shin Zu Shing 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, Shin Zu Shing 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)
=1.67/131.7762*131.7762
=1.670

Current CPI (Mar. 2024) = 131.7762.

Shin Zu Shing Co Quarterly Data

per share eps CPI Adj_EPS
201406 1.224 100.560 1.604
201409 1.530 100.428 2.008
201412 2.143 99.070 2.850
201503 2.064 99.621 2.730
201506 1.659 100.684 2.171
201509 2.676 100.392 3.513
201512 2.459 99.792 3.247
201603 1.027 100.470 1.347
201606 0.997 101.688 1.292
201609 1.343 101.861 1.737
201612 2.666 101.863 3.449
201703 0.395 102.862 0.506
201706 1.343 103.349 1.712
201709 1.580 104.136 1.999
201712 0.721 104.011 0.913
201803 0.425 105.290 0.532
201806 1.570 106.317 1.946
201809 2.222 106.507 2.749
201812 2.320 105.998 2.884
201903 0.987 107.251 1.213
201906 1.827 108.070 2.228
201909 2.100 108.329 2.555
201912 2.270 108.420 2.759
202003 1.410 108.902 1.706
202006 1.980 108.767 2.399
202009 2.880 109.815 3.456
202012 2.710 109.897 3.250
202103 1.530 111.754 1.804
202106 1.760 114.631 2.023
202109 1.190 115.734 1.355
202112 1.580 117.630 1.770
202203 1.690 121.301 1.836
202206 2.190 125.017 2.308
202209 3.890 125.227 4.093
202212 0.880 125.222 0.926
202303 0.660 127.348 0.683
202306 1.040 128.729 1.065
202309 1.600 129.860 1.624
202312 0.980 129.419 0.998
202403 1.670 131.776 1.670

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


Shin Zu Shing Co  (TPE:3376) 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.

Shin Zu Shing Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=199.00/8.09
=24.60

* 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 Shin Zu Shing Co was 26.41. The lowest was 9.49. And the median was 15.38.


Be Aware

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


Shin Zu Shing Co E10 Related Terms

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


Shin Zu Shing Co (TPE:3376) Business Description

Traded in Other Exchanges
N/A
Address
174 Chiun Eng. Street, Su Lin District, Taipei, TWN
Shin Zu Shing Co Ltd makes springs, stamped parts, and hinges for communication, computer, and consumer products. It produces various types of springs, and use automated machines to design stronger, longer-lasting, and high-quality components. Research and development enhances design, improves molding techniques, and creates innovative measurement strategies to produce durable products. A fabrication process produces hinges for laptops, monitors, cameras, cellphones, and other technology components. The company's sensor-control systems maintain accurate specifications, critical wire length, and angular relationships to create the end products. Customer feedback provides Shin Zu Shing the opportunity to tweak quality testing and produce customized solutions.

Shin Zu Shing Co (TPE:3376) Headlines

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