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Favite (TPE:3535) Shiller PE Ratio : 51.33 (As of May. 02, 2024)


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What is Favite Shiller PE Ratio?

As of today (2024-05-02), Favite's current share price is NT$23.10. Favite's E10 for the quarter that ended in Dec. 2023 was NT$0.45. Favite's Shiller PE Ratio for today is 51.33.

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

TPE:3535' s Shiller PE Ratio Range Over the Past 10 Years
Min: 34.7   Med: 54.44   Max: 209.62
Current: 50.78

During the past years, Favite's highest Shiller PE Ratio was 209.62. The lowest was 34.70. And the median was 54.44.

TPE:3535's Shiller PE Ratio is ranked worse than
79.97% of 1378 companies
in the Hardware industry
Industry Median: 23.865 vs TPE:3535: 50.78

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.

Favite's adjusted earnings per share data for the three months ended in Dec. 2023 was NT$-0.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$0.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Favite Shiller PE Ratio Historical Data

The historical data trend for Favite'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.

Favite Shiller PE Ratio Chart

Favite 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 - - - 73.09 41.20

Favite 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 73.09 62.86 53.63 36.86 41.20

Competitive Comparison of Favite's Shiller PE Ratio

For the Computer Hardware subindustry, Favite'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.


Favite's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Favite 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.

Favite's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=23.10/0.45
=51.33

* 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.

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

For example, Favite'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)
=-0.63/129.4194*129.4194
=-0.630

Current CPI (Dec. 2023) = 129.4194.

Favite Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.050 99.695 0.065
201406 0.120 100.560 0.154
201409 -0.050 100.428 -0.064
201412 -0.580 99.070 -0.758
201503 0.100 99.621 0.130
201506 -0.080 100.684 -0.103
201509 0.080 100.392 0.103
201512 0.560 99.792 0.726
201603 -0.250 100.470 -0.322
201606 -0.210 101.688 -0.267
201609 -0.570 101.861 -0.724
201612 1.130 101.863 1.436
201703 -0.910 102.862 -1.145
201706 -0.370 103.349 -0.463
201709 -0.390 104.136 -0.485
201712 0.030 104.011 0.037
201803 -0.130 105.290 -0.160
201806 0.230 106.317 0.280
201809 0.400 106.507 0.486
201812 0.560 105.998 0.684
201903 1.610 107.251 1.943
201906 0.690 108.070 0.826
201909 0.030 108.329 0.036
201912 -0.870 108.420 -1.039
202003 0.470 108.902 0.559
202006 -0.110 108.767 -0.131
202009 -0.550 109.815 -0.648
202012 -1.110 109.897 -1.307
202103 0.700 111.754 0.811
202106 -0.180 114.631 -0.203
202109 0.110 115.734 0.123
202112 0.590 117.630 0.649
202203 1.080 121.301 1.152
202206 1.020 125.017 1.056
202209 1.340 125.227 1.385
202212 0.090 125.222 0.093
202303 -0.010 127.348 -0.010
202306 -0.450 128.729 -0.452
202309 0.670 129.860 0.668
202312 -0.630 129.419 -0.630

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.


Favite  (TPE:3535) 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.


Favite Shiller PE Ratio Related Terms

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


Favite (TPE:3535) Business Description

Traded in Other Exchanges
N/A
Address
Number 197, Sec 2 Huanbei Road, Zhubei, TWN
Favite Inc is engaged in the manufacturing of general instruments, precision instruments, and controlled telecommunication radio-frequency devices and the sales of information software services.

Favite (TPE:3535) Headlines

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