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Meere Co (XKRX:049950) E10 : ₩1,266.00 (As of Mar. 2024)


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What is Meere 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.

Meere Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ₩-653.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩1,266.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Meere Co's average E10 Growth Rate was -2.30% per year. During the past 3 years, the average E10 Growth Rate was 8.20% per year. During the past 5 years, the average E10 Growth Rate was 1.50% 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 Meere Co was 53.00% per year. The lowest was -5.50% per year. And the median was 5.80% per year.

As of today (2024-06-09), Meere Co's current stock price is ₩26250.00. Meere Co's E10 for the quarter that ended in Mar. 2024 was ₩1,266.00. Meere Co's Shiller PE Ratio of today is 20.73.

During the past 13 years, the highest Shiller PE Ratio of Meere Co was 172.05. The lowest was 10.23. And the median was 30.29.


Meere Co E10 Historical Data

The historical data trend for Meere 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.

Meere Co E10 Chart

Meere 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 1,234.81 1,011.80 935.13 1,181.40 1,281.99

Meere 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 1,295.98 1,240.99 1,346.92 1,281.99 1,266.00

Competitive Comparison of Meere Co's E10

For the Semiconductor Equipment & Materials subindustry, Meere 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.


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

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

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



Meere 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, Meere 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)
=-653/118.8477*118.8477
=-653.000

Current CPI (Mar. 2024) = 118.8477.

Meere Co Quarterly Data

per share eps CPI Adj_EPS
201406 -358.812 99.353 -429.217
201409 143.525 99.608 171.247
201412 -286.195 99.098 -343.232
201503 62.365 99.720 74.327
201506 72.617 100.050 86.261
201509 272.526 100.110 323.535
201512 82.869 100.220 98.272
201603 118.750 100.560 140.346
201606 280.215 100.790 330.419
201609 168.300 101.460 197.142
201612 355.395 101.560 415.891
201703 615.961 102.850 711.770
201706 1,714.610 102.610 1,985.941
201709 1,130.260 103.490 1,297.988
201712 192.648 102.990 222.311
201803 533.246 104.100 608.790
201806 2,157.620 104.130 2,462.577
201809 216.466 105.650 243.507
201812 -337.265 104.350 -384.122
201903 297.421 104.490 338.289
201906 1,110.070 104.880 1,257.907
201909 331.281 105.200 374.258
201912 -183.211 105.120 -207.137
202003 -202.658 105.540 -228.211
202006 -257.329 104.870 -291.627
202009 -509.002 106.200 -569.621
202012 -870.016 105.765 -977.630
202103 128.193 107.357 141.914
202106 198.888 107.579 219.722
202109 1,075.500 108.759 1,175.263
202112 -568.602 109.676 -616.149
202203 1,723.300 111.806 1,831.839
202206 1,328.160 114.083 1,383.633
202209 310.680 114.831 321.547
202212 466.864 115.200 481.646
202303 858.000 116.550 874.918
202306 -81.000 117.140 -82.181
202309 524.000 119.111 522.841
202312 -852.000 118.848 -852.000
202403 -653.000 118.848 -653.000

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


Meere Co  (XKRX:049950) 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.

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

Shiller PE Ratio=Share Price/E10
=26250.00/1266
=20.73

* 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 Meere Co was 172.05. The lowest was 10.23. And the median was 30.29.


Be Aware

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


Meere Co E10 Related Terms

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


Meere Co (XKRX:049950) Business Description

Traded in Other Exchanges
N/A
Address
69-12, Jeongmunsongsan-ro, Yanggam-Myeon, Hwaseong, Gyeonggi, KOR
Meere Co Inc designs & develops components & equipment for liquid crystal display, semi-conductor automation & solar battery. Its products include grinder, inspection, laser machine, wafer sorter, auto packing machine, memory repair, three dimensional (3D) thickness metrology and 3-dimensional surface profiler, laser scriber, cell counter, surgical robot, and time of flight 3D range camera.

Meere Co (XKRX:049950) Headlines

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