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Gigabyte Technology Co (TPE:2376) Shiller PE Ratio : 37.34 (As of May. 03, 2024)


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What is Gigabyte Technology Co Shiller PE Ratio?

As of today (2024-05-03), Gigabyte Technology Co's current share price is NT$286.00. Gigabyte Technology Co's E10 for the quarter that ended in Dec. 2023 was NT$7.66. Gigabyte Technology Co's Shiller PE Ratio for today is 37.34.

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

TPE:2376' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.22   Med: 18.99   Max: 49.74
Current: 38.59

During the past years, Gigabyte Technology Co's highest Shiller PE Ratio was 49.74. The lowest was 11.22. And the median was 18.99.

TPE:2376's Shiller PE Ratio is ranked worse than
70.32% of 1378 companies
in the Hardware industry
Industry Median: 23.795 vs TPE:2376: 38.59

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.

Gigabyte Technology Co's adjusted earnings per share data for the three months ended in Dec. 2023 was NT$2.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$7.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gigabyte Technology Co Shiller PE Ratio Historical Data

The historical data trend for Gigabyte Technology 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.

Gigabyte Technology Co Shiller PE Ratio Chart

Gigabyte Technology 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 13.78 19.67 25.68 14.87 34.74

Gigabyte Technology 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 14.87 18.24 32.71 37.26 34.74

Competitive Comparison of Gigabyte Technology Co's Shiller PE Ratio

For the Computer Hardware subindustry, Gigabyte Technology 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.


Gigabyte Technology Co's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Gigabyte Technology 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.

Gigabyte Technology Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=286.00/7.66
=37.34

* 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.

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

For example, Gigabyte Technology 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)
=2.09/129.4194*129.4194
=2.090

Current CPI (Dec. 2023) = 129.4194.

Gigabyte Technology Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.130 99.695 1.467
201406 0.790 100.560 1.017
201409 1.070 100.428 1.379
201412 0.770 99.070 1.006
201503 0.660 99.621 0.857
201506 0.560 100.684 0.720
201509 1.280 100.392 1.650
201512 0.510 99.792 0.661
201603 0.840 100.470 1.082
201606 0.670 101.688 0.853
201609 1.270 101.861 1.614
201612 0.770 101.863 0.978
201703 0.420 102.862 0.528
201706 0.890 103.349 1.115
201709 1.730 104.136 2.150
201712 1.280 104.011 1.593
201803 2.520 105.290 3.098
201806 1.040 106.317 1.266
201809 0.230 106.507 0.279
201812 0.190 105.998 0.232
201903 0.390 107.251 0.471
201906 0.750 108.070 0.898
201909 1.290 108.329 1.541
201912 0.600 108.420 0.716
202003 1.060 108.902 1.260
202006 1.820 108.767 2.166
202009 2.220 109.815 2.616
202012 1.700 109.897 2.002
202103 4.280 111.754 4.957
202106 5.110 114.631 5.769
202109 5.530 115.734 6.184
202112 5.810 117.630 6.392
202203 4.730 121.301 5.047
202206 1.530 125.017 1.584
202209 1.820 125.227 1.881
202212 2.060 125.222 2.129
202303 1.590 127.348 1.616
202306 1.400 128.729 1.408
202309 2.310 129.860 2.302
202312 2.090 129.419 2.090

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.


Gigabyte Technology Co  (TPE:2376) 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.


Gigabyte Technology Co Shiller PE Ratio Related Terms

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Gigabyte Technology Co (TPE:2376) Business Description

Traded in Other Exchanges
N/A
Address
No 6, Baoqiang Road, Xindian District, New Taipei City, TWN, 231
Gigabyte Technology Co Ltd is a Taiwan-based manufacturer and distributor of computer hardware products. Its products include motherboards for third-party platforms and servers, graphics cards, notebooks, desktop computers, ultrabooks, tablets, mobile phones, server racks, networking equipment, optical drives, computer monitors, keyboards, cooling components, computer cases, and power supplies.

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