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Yuanta Futures Co (ROCO:6023) Shiller PE Ratio : 17.36 (As of May. 04, 2024)


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What is Yuanta Futures Co Shiller PE Ratio?

As of today (2024-05-04), Yuanta Futures Co's current share price is NT$83.00. Yuanta Futures Co's E10 for the quarter that ended in Dec. 2023 was NT$4.78. Yuanta Futures Co's Shiller PE Ratio for today is 17.36.

The historical rank and industry rank for Yuanta Futures Co's Shiller PE Ratio or its related term are showing as below:

ROCO:6023' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.73   Med: 12.62   Max: 16.95
Current: 16.79

During the past years, Yuanta Futures Co's highest Shiller PE Ratio was 16.95. The lowest was 10.73. And the median was 12.62.

ROCO:6023's Shiller PE Ratio is ranked better than
56.5% of 469 companies
in the Capital Markets industry
Industry Median: 19.98 vs ROCO:6023: 16.79

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Yuanta Futures Co's adjusted earnings per share data for the three months ended in Dec. 2023 was NT$1.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$4.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yuanta Futures Co Shiller PE Ratio Historical Data

The historical data trend for Yuanta Futures Co's Shiller PE Ratio 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.

Yuanta Futures Co Shiller PE Ratio Chart

Yuanta Futures Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.35 13.54 12.39 11.24 12.70

Yuanta Futures Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 11.24 11.16 11.24 12.28 12.70

Competitive Comparison of Yuanta Futures Co's Shiller PE Ratio

For the Capital Markets subindustry, Yuanta Futures 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.


Yuanta Futures Co's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Yuanta Futures Co's Shiller PE Ratio distribution charts can be found below:

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



Yuanta Futures Co Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Yuanta Futures Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=83.00/4.78
=17.36

* 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.

Yuanta Futures Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Yuanta Futures Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.5/129.4194*129.4194
=1.500

Current CPI (Dec. 2023) = 129.4194.

Yuanta Futures Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.549 99.695 2.011
201406 0.575 100.560 0.740
201409 0.701 100.428 0.903
201412 0.818 99.070 1.069
201503 0.545 99.621 0.708
201506 0.789 100.684 1.014
201509 1.042 100.392 1.343
201512 0.880 99.792 1.141
201603 0.877 100.470 1.130
201606 0.984 101.688 1.252
201609 0.750 101.861 0.953
201612 0.891 101.863 1.132
201703 0.682 102.862 0.858
201706 0.760 103.349 0.952
201709 1.120 104.136 1.392
201712 1.087 104.011 1.353
201803 0.867 105.290 1.066
201806 0.945 106.317 1.150
201809 1.062 106.507 1.290
201812 1.325 105.998 1.618
201903 1.070 107.251 1.291
201906 1.424 108.070 1.705
201909 1.326 108.329 1.584
201912 1.070 108.420 1.277
202003 1.230 108.902 1.462
202006 1.210 108.767 1.440
202009 1.110 109.815 1.308
202012 0.680 109.897 0.801
202103 0.730 111.754 0.845
202106 0.780 114.631 0.881
202109 1.020 115.734 1.141
202112 0.440 117.630 0.484
202203 0.580 121.301 0.619
202206 0.980 125.017 1.015
202209 1.280 125.227 1.323
202212 1.110 125.222 1.147
202303 1.250 127.348 1.270
202306 1.960 128.729 1.971
202309 1.680 129.860 1.674
202312 1.500 129.419 1.500

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


Yuanta Futures Co  (ROCO:6023) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Yuanta Futures Co Shiller PE Ratio Related Terms

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Yuanta Futures Co (ROCO:6023) Business Description

Traded in Other Exchanges
N/A
Address
No. 77, Section 2, Nanjing East Road, 3rd Floor, Zhongshan Dist, Taipei, TWN, 10457
Yuanta Futures Co Ltd is Taiwan's IPO futures company. The company is engaged in onshore and offshore futures brokerage business, futures dealing, futures consulting, futures business management, securities dealing, leverage transaction merchant, and a variety of futures-related businesses.

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