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Tai Sin Electric (SGX:500) Shiller PE Ratio : 7.90 (As of May. 12, 2024)


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What is Tai Sin Electric Shiller PE Ratio?

As of today (2024-05-12), Tai Sin Electric's current share price is S$0.395. Tai Sin Electric's E10 for the fiscal year that ended in Jun23 was S$0.05. Tai Sin Electric's Shiller PE Ratio for today is 7.90.

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

SGX:500' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.57   Med: 8   Max: 11.5
Current: 8.55

During the past 13 years, Tai Sin Electric's highest Shiller PE Ratio was 11.50. The lowest was 0.57. And the median was 8.00.

SGX:500's Shiller PE Ratio is ranked better than
93.24% of 1746 companies
in the Industrial Products industry
Industry Median: 26.005 vs SGX:500: 8.55

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.

Tai Sin Electric's adjusted earnings per share data of for the fiscal year that ended in Jun23 was S$0.036. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is S$0.05 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tai Sin Electric Shiller PE Ratio Historical Data

The historical data trend for Tai Sin Electric'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.

Tai Sin Electric Shiller PE Ratio Chart

Tai Sin Electric Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.73 7.26 8.35 8.20 8.77

Tai Sin Electric Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 8.20 - 8.77 -

Competitive Comparison of Tai Sin Electric's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, Tai Sin Electric'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.


Tai Sin Electric's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tai Sin Electric's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tai Sin Electric's Shiller PE Ratio falls into.



Tai Sin Electric 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.

Tai Sin Electric's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.395/0.05
=7.90

* 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.

Tai Sin Electric's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Tai Sin Electric's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.036/128.7287*128.7287
=0.036

Current CPI (Jun23) = 128.7287.

Tai Sin Electric Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.050 100.560 0.064
201506 0.039 100.684 0.050
201606 0.053 101.688 0.067
201706 0.042 103.349 0.052
201806 0.036 106.317 0.044
201906 0.027 108.070 0.032
202006 0.021 108.767 0.025
202106 0.038 114.631 0.043
202206 0.048 125.017 0.049
202306 0.036 128.729 0.036

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.


Tai Sin Electric  (SGX:500) 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.


Tai Sin Electric Shiller PE Ratio Related Terms

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Tai Sin Electric (SGX:500) Business Description

Traded in Other Exchanges
N/A
Address
24 Gul Crescent, Jurong Town, Singapore, SGP, 629531
Tai Sin Electric Ltd is engaged in the manufacturing and distribution of cable and wire products. The company's business segments are Cable and Wire, Electrical Material Distribution, Switchboard and Test and Inspection, with maximum revenue from the Cable and wire segment. The products of the company include fire-resistant cables, molded circuit breakers, safety sensors and personal protection equipment.

Tai Sin Electric (SGX:500) Headlines

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