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MITAC Holdings (TPE:3706) Shiller PE Ratio : 11.56 (As of Apr. 25, 2024)


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What is MITAC Holdings Shiller PE Ratio?

As of today (2024-04-25), MITAC Holdings's current share price is NT$44.05. MITAC Holdings's E10 for the quarter that ended in Dec. 2023 was NT$3.81. MITAC Holdings's Shiller PE Ratio for today is 11.56.

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

TPE:3706' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.73   Med: 11.77   Max: 22.13
Current: 11.46

During the past years, MITAC Holdings's highest Shiller PE Ratio was 22.13. The lowest was 6.73. And the median was 11.77.

TPE:3706's Shiller PE Ratio is ranked better than
82.91% of 1352 companies
in the Hardware industry
Industry Median: 23.195 vs TPE:3706: 11.46

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.

MITAC Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was NT$0.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$3.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MITAC Holdings Shiller PE Ratio Historical Data

The historical data trend for MITAC Holdings'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.

MITAC Holdings Shiller PE Ratio Chart

MITAC Holdings 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 18.72 17.14 11.90 7.76 11.69

MITAC Holdings 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 7.76 7.23 9.24 10.56 11.69

Competitive Comparison of MITAC Holdings's Shiller PE Ratio

For the Computer Hardware subindustry, MITAC Holdings'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.


MITAC Holdings's Shiller PE Ratio Distribution in the Hardware Industry

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

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



MITAC Holdings 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.

MITAC Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=44.05/3.81
=11.56

* 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.

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

For example, MITAC Holdings'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)
=0.24/129.4194*129.4194
=0.240

Current CPI (Dec. 2023) = 129.4194.

MITAC Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.032 99.695 -0.042
201406 0.273 100.560 0.351
201409 0.188 100.428 0.242
201412 0.234 99.070 0.306
201503 0.370 99.621 0.481
201506 0.448 100.684 0.576
201509 0.419 100.392 0.540
201512 0.257 99.792 0.333
201603 0.135 100.470 0.174
201606 0.527 101.688 0.671
201609 0.675 101.861 0.858
201612 0.959 101.863 1.218
201703 0.452 102.862 0.569
201706 0.527 103.349 0.660
201709 0.621 104.136 0.772
201712 0.567 104.011 0.706
201803 1.009 105.290 1.240
201806 0.528 106.317 0.643
201809 0.652 106.507 0.792
201812 0.571 105.998 0.697
201903 0.241 107.251 0.291
201906 0.518 108.070 0.620
201909 0.790 108.329 0.944
201912 0.790 108.420 0.943
202003 0.420 108.902 0.499
202006 0.490 108.767 0.583
202009 0.760 109.815 0.896
202012 0.750 109.897 0.883
202103 0.560 111.754 0.649
202106 2.450 114.631 2.766
202109 6.510 115.734 7.280
202112 0.450 117.630 0.495
202203 0.440 121.301 0.469
202206 0.440 125.017 0.455
202209 7.160 125.227 7.400
202212 -0.290 125.222 -0.300
202303 0.120 127.348 0.122
202306 0.590 128.729 0.593
202309 0.510 129.860 0.508
202312 0.240 129.419 0.240

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.


MITAC Holdings  (TPE:3706) 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.


MITAC Holdings Shiller PE Ratio Related Terms

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MITAC Holdings (TPE:3706) Business Description

Traded in Other Exchanges
N/A
Address
No. 202, Wenhua 2nd Road, Guishan District, Taoyuan, TWN, 33383
MITAC Holdings Corp is a holding company whose subsidiaries offer a range of electronics manufacturing services. It is engaged in designing, manufacturing, and distributing servers and storage products across various architectures in public cloud, private cloud, and hybrid cloud environments. The smart mobile device and cloud service business group build application ecosystems that bridge cloud service and smart mobile devices. It serves industries such as finance, technology, retail, education, and manufacturing. The company brands include Mio, Magellan, Navman, and Tyan.

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