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Tatung System Technologies (ROCO:8099) Shiller PE Ratio : 45.24 (As of Jun. 07, 2024)


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What is Tatung System Technologies Shiller PE Ratio?

As of today (2024-06-07), Tatung System Technologies's current share price is NT$83.70. Tatung System Technologies's E10 for the quarter that ended in Mar. 2024 was NT$1.85. Tatung System Technologies's Shiller PE Ratio for today is 45.24.

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

ROCO:8099' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.48   Med: 23.07   Max: 43.56
Current: 41.01

During the past years, Tatung System Technologies's highest Shiller PE Ratio was 43.56. The lowest was 9.48. And the median was 23.07.

ROCO:8099's Shiller PE Ratio is ranked worse than
65.37% of 924 companies
in the Software industry
Industry Median: 29.475 vs ROCO:8099: 41.01

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.

Tatung System Technologies's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$1.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tatung System Technologies Shiller PE Ratio Historical Data

The historical data trend for Tatung System Technologies'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.

Tatung System Technologies Shiller PE Ratio Chart

Tatung System Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 11.23 17.80 24.75 21.87

Tatung System Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 21.87 22.50 33.40 29.78 42.31

Competitive Comparison of Tatung System Technologies's Shiller PE Ratio

For the Information Technology Services subindustry, Tatung System Technologies'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.


Tatung System Technologies's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Tatung System Technologies's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tatung System Technologies's Shiller PE Ratio falls into.



Tatung System Technologies 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.

Tatung System Technologies's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=83.70/1.85
=45.24

* 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.

Tatung System Technologies's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Tatung System Technologies'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)
=0.56/131.7762*131.7762
=0.560

Current CPI (Mar. 2024) = 131.7762.

Tatung System Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.276 99.695 0.365
201406 0.341 100.560 0.447
201409 0.322 100.428 0.423
201412 0.553 99.070 0.736
201503 0.193 99.621 0.255
201506 0.350 100.684 0.458
201509 0.322 100.392 0.423
201512 0.378 99.792 0.499
201603 0.249 100.470 0.327
201606 0.295 101.688 0.382
201609 0.230 101.861 0.298
201612 0.451 101.863 0.583
201703 0.414 102.862 0.530
201706 0.507 103.349 0.646
201709 0.267 104.136 0.338
201712 0.414 104.011 0.525
201803 0.286 105.290 0.358
201806 0.286 106.317 0.354
201809 0.184 106.507 0.228
201812 0.336 105.998 0.418
201903 0.330 107.251 0.405
201906 0.330 108.070 0.402
201909 0.280 108.329 0.341
201912 0.480 108.420 0.583
202003 0.310 108.902 0.375
202006 0.500 108.767 0.606
202009 0.400 109.815 0.480
202012 0.420 109.897 0.504
202103 0.400 111.754 0.472
202106 0.290 114.631 0.333
202109 0.500 115.734 0.569
202112 0.810 117.630 0.907
202203 0.450 121.301 0.489
202206 0.400 125.017 0.422
202209 0.380 125.227 0.400
202212 0.770 125.222 0.810
202303 0.340 127.348 0.352
202306 0.450 128.729 0.461
202309 0.460 129.860 0.467
202403 0.560 131.776 0.560

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.


Tatung System Technologies  (ROCO:8099) 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.


Tatung System Technologies Shiller PE Ratio Related Terms

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Tatung System Technologies (ROCO:8099) Business Description

Traded in Other Exchanges
N/A
Address
No.22, Sec. 3, Zhongshan N. Road, Zhongshan Dist, Taipei, TWN, 104
Tatung System Technologies Inc is a Taiwan-based company mainly providing IT services, including software and hardware sales related to the computer, communications, and cyber security; custom-made system integration consulting services; and value-added industrial application solutions.

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