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M31 Technology (ROCO:6643) Shiller PE Ratio : 118.70 (As of May. 13, 2024)


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What is M31 Technology Shiller PE Ratio?

As of today (2024-05-13), M31 Technology's current share price is NT$965.00. M31 Technology's E10 for the fiscal year that ended in Dec23 was NT$8.13. M31 Technology's Shiller PE Ratio for today is 118.70.

The historical rank and industry rank for M31 Technology's Shiller PE Ratio or its related term are showing as below:

ROCO:6643' s Shiller PE Ratio Range Over the Past 10 Years
Min: 57.63   Med: 148.22   Max: 244.16
Current: 124.89

During the past 11 years, M31 Technology's highest Shiller PE Ratio was 244.16. The lowest was 57.63. And the median was 148.22.

ROCO:6643's Shiller PE Ratio is ranked worse than
92.2% of 513 companies
in the Semiconductors industry
Industry Median: 28.31 vs ROCO:6643: 124.89

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.

M31 Technology's adjusted earnings per share data of for the fiscal year that ended in Dec23 was NT$12.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$8.13 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


M31 Technology Shiller PE Ratio Historical Data

The historical data trend for M31 Technology'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.

M31 Technology Shiller PE Ratio Chart

M31 Technology 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 - - - 56.18 130.42

M31 Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 130.42 -

Competitive Comparison of M31 Technology's Shiller PE Ratio

For the Semiconductors subindustry, M31 Technology'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.


M31 Technology's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, M31 Technology's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where M31 Technology's Shiller PE Ratio falls into.



M31 Technology 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.

M31 Technology's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=965.00/8.13
=118.70

* 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.

M31 Technology's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, M31 Technology's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=12.49/129.4194*129.4194
=12.490

Current CPI (Dec23) = 129.4194.

M31 Technology Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.664 99.070 0.867
201512 0.945 99.792 1.226
201612 5.691 101.863 7.231
201712 5.909 104.011 7.352
201812 8.882 105.998 10.845
201912 8.991 108.420 10.732
202012 9.400 109.897 11.070
202112 7.373 117.630 8.112
202212 10.980 125.222 11.348
202312 12.490 129.419 12.490

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.


M31 Technology  (ROCO:6643) 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.


M31 Technology Shiller PE Ratio Related Terms

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M31 Technology (ROCO:6643) Business Description

Traded in Other Exchanges
N/A
Address
No.8, Taiyuan 2nd Street, 9th Floor, Hsinchu County, Zhubei, TWN, 302
M31 Technology Corp is a professional silicon intellectual property (IP) provider. It focuses on providing high-speed interface IPs, memory compilers and standard cell library solutions. The company provides customers with differentiated IP solutions. These solutions help customers grasp market opportunities in short design cycles, low manufacturing costs, and high product competitiveness. The company operates in Taiwan, the United States and China.

M31 Technology (ROCO:6643) Headlines

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