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Taiwan Cogeneration (TPE:8926) Shiller PE Ratio : 24.64 (As of May. 01, 2024)


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What is Taiwan Cogeneration Shiller PE Ratio?

As of today (2024-05-01), Taiwan Cogeneration's current share price is NT$47.55. Taiwan Cogeneration's E10 for the quarter that ended in Dec. 2023 was NT$1.93. Taiwan Cogeneration's Shiller PE Ratio for today is 24.64.

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

TPE:8926' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.37   Med: 19.62   Max: 27.57
Current: 24.85

During the past years, Taiwan Cogeneration's highest Shiller PE Ratio was 27.57. The lowest was 12.37. And the median was 19.62.

TPE:8926's Shiller PE Ratio is ranked worse than
71.43% of 987 companies
in the Construction industry
Industry Median: 15.95 vs TPE:8926: 24.85

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.

Taiwan Cogeneration'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$1.93 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Cogeneration Shiller PE Ratio Historical Data

The historical data trend for Taiwan Cogeneration'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.

Taiwan Cogeneration Shiller PE Ratio Chart

Taiwan Cogeneration 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 16.42 21.00 19.80 15.91 20.91

Taiwan Cogeneration 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 15.91 19.89 26.17 21.02 20.91

Competitive Comparison of Taiwan Cogeneration's Shiller PE Ratio

For the Engineering & Construction subindustry, Taiwan Cogeneration'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.


Taiwan Cogeneration's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Taiwan Cogeneration's Shiller PE Ratio distribution charts can be found below:

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



Taiwan Cogeneration 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.

Taiwan Cogeneration's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=47.55/1.93
=24.64

* 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.

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

For example, Taiwan Cogeneration'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.

Taiwan Cogeneration Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.845 99.695 1.097
201406 0.602 100.560 0.775
201409 0.737 100.428 0.950
201412 0.449 99.070 0.587
201503 0.341 99.621 0.443
201506 0.503 100.684 0.647
201509 0.512 100.392 0.660
201512 0.261 99.792 0.338
201603 0.288 100.470 0.371
201606 0.332 101.688 0.423
201609 0.404 101.861 0.513
201612 0.422 101.863 0.536
201703 0.126 102.862 0.159
201706 0.530 103.349 0.664
201709 0.683 104.136 0.849
201712 0.144 104.011 0.179
201803 0.135 105.290 0.166
201806 0.530 106.317 0.645
201809 0.602 106.507 0.732
201812 -0.243 105.998 -0.297
201903 0.422 107.251 0.509
201906 0.629 108.070 0.753
201909 0.350 108.329 0.418
201912 0.270 108.420 0.322
202003 0.629 108.902 0.748
202006 0.395 108.767 0.470
202009 0.359 109.815 0.423
202012 0.243 109.897 0.286
202103 0.458 111.754 0.530
202106 0.377 114.631 0.426
202109 0.225 115.734 0.252
202112 0.314 117.630 0.345
202203 0.431 121.301 0.460
202206 -0.245 125.017 -0.254
202209 0.300 125.227 0.310
202212 0.950 125.222 0.982
202303 1.033 127.348 1.050
202306 0.406 128.729 0.408
202309 0.140 129.860 0.140
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.


Taiwan Cogeneration  (TPE:8926) 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.


Taiwan Cogeneration Shiller PE Ratio Related Terms

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Taiwan Cogeneration (TPE:8926) Business Description

Traded in Other Exchanges
N/A
Address
No. 392, Rui Guang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Taiwan Cogeneration Corp is a Taiwanese company involved in the planning, construction, operation, management, and repair of cogeneration power-producing plants and equipment. All its revenue is generated from Taiwan.

Taiwan Cogeneration (TPE:8926) Headlines

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