GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Laster Tech Co Ltd (TPE:3346) » Definitions » Shiller PE Ratio

Laster Tech Co (TPE:3346) Shiller PE Ratio : 21.45 (As of May. 05, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Laster Tech Co Shiller PE Ratio?

As of today (2024-05-05), Laster Tech Co's current share price is NT$42.25. Laster Tech Co's E10 for the quarter that ended in Sep. 2023 was NT$1.97. Laster Tech Co's Shiller PE Ratio for today is 21.45.

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

TPE:3346' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.36   Med: 24.28   Max: 28.33
Current: 21.1

During the past years, Laster Tech Co's highest Shiller PE Ratio was 28.33. The lowest was 2.36. And the median was 24.28.

TPE:3346's Shiller PE Ratio is ranked better than
63.67% of 512 companies
in the Semiconductors industry
Industry Median: 28.085 vs TPE:3346: 21.10

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.

Laster Tech Co's adjusted earnings per share data for the three months ended in Sep. 2023 was NT$0.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$1.97 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Laster Tech Co Shiller PE Ratio Historical Data

The historical data trend for Laster Tech 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.

Laster Tech Co Shiller PE Ratio Chart

Laster Tech Co 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 - - - - 2.31

Laster Tech Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 2.31 22.77 25.68 24.21

Competitive Comparison of Laster Tech Co's Shiller PE Ratio

For the Semiconductors subindustry, Laster Tech 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.


Laster Tech Co's Shiller PE Ratio Distribution in the Semiconductors Industry

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

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



Laster Tech 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.

Laster Tech Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=42.25/1.97
=21.45

* 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.

Laster Tech Co's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, Laster Tech Co's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.83/129.8595*129.8595
=0.830

Current CPI (Sep. 2023) = 129.8595.

Laster Tech Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201212 0.000 96.871 0.000
201306 0.000 98.518 0.000
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201412 0.000 99.070 0.000
201503 0.810 99.621 1.056
201506 0.183 100.684 0.236
201509 0.039 100.392 0.050
201512 0.183 99.792 0.238
201603 0.511 100.470 0.660
201606 0.742 101.688 0.948
201609 0.530 101.861 0.676
201612 1.543 101.863 1.967
201703 1.205 102.862 1.521
201706 0.328 103.349 0.412
201709 0.588 104.136 0.733
201712 1.446 104.011 1.805
201803 0.748 105.290 0.923
201806 0.482 106.317 0.589
201809 0.630 106.507 0.768
201812 0.975 105.998 1.194
201903 0.364 107.251 0.441
201906 -0.295 108.070 -0.354
201909 -0.108 108.329 -0.129
201912 0.236 108.420 0.283
202003 -1.692 108.902 -2.018
202006 0.277 108.767 0.331
202009 0.673 109.815 0.796
202012 0.812 109.897 0.959
202103 0.480 111.754 0.558
202106 0.030 114.631 0.034
202109 0.100 115.734 0.112
202112 0.390 117.630 0.431
202203 0.150 121.301 0.161
202206 -1.370 125.017 -1.423
202209 0.560 125.227 0.581
202212 0.990 125.222 1.027
202303 0.280 127.348 0.286
202306 0.570 128.729 0.575
202309 0.830 129.860 0.830

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.


Laster Tech Co  (TPE:3346) 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.


Laster Tech Co Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Laster Tech Co's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Laster Tech Co (TPE:3346) Business Description

Traded in Other Exchanges
N/A
Address
Building F No.4 Minxiang Street, Zhonghe, Taipei, TWN, 23545
Laster Tech Co Ltd is a manufacturer of Led Lighting, Chip products, general lighting, and automotive lighting in Taiwan. Its products are widely used in various applications such as munitions, medical treatment, aviation, automobile, and others.

Laster Tech Co (TPE:3346) Headlines

No Headlines