GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Feng Ching Metal Corp (ROCO:2061) » Definitions » E10

Feng Ching Metal (ROCO:2061) E10 : NT$-0.25 (As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Feng Ching Metal E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Feng Ching Metal's adjusted earnings per share data for the three months ended in Sep. 2024 was NT$-0.394. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-0.25 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was 23.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Feng Ching Metal was 23.10% per year. The lowest was -0.70% per year. And the median was 11.20% per year.

As of today (2025-03-26), Feng Ching Metal's current stock price is NT$23.10. Feng Ching Metal's E10 for the quarter that ended in Sep. 2024 was NT$-0.25. Feng Ching Metal's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Feng Ching Metal was 3.23. The lowest was 0.00. And the median was 2.85.


Feng Ching Metal E10 Historical Data

The historical data trend for Feng Ching Metal's E10 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.

Feng Ching Metal E10 Chart

Feng Ching Metal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.45 -0.66 -0.38 -0.46 -0.30

Feng Ching Metal Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
E10 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 -0.34 -0.30 -0.32 -0.26 -0.25

Competitive Comparison of Feng Ching Metal's E10

For the Electrical Equipment & Parts subindustry, Feng Ching Metal'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.


Feng Ching Metal's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Feng Ching Metal's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Feng Ching Metal's Shiller PE Ratio falls into.



Feng Ching Metal E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Feng Ching Metal's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.394/133.0289*133.0289
=-0.394

Current CPI (Sep. 2024) = 133.0289.

Feng Ching Metal Quarterly Data

per share eps CPI Adj_EPS
201412 -0.651 99.070 -0.874
201503 -0.495 99.621 -0.661
201506 -0.560 100.684 -0.740
201509 -0.560 100.392 -0.742
201512 -0.343 99.792 -0.457
201603 0.001 100.470 0.001
201606 -0.234 101.688 -0.306
201609 0.039 101.861 0.051
201612 0.287 101.863 0.375
201703 0.313 102.862 0.405
201706 -0.169 103.349 -0.218
201709 0.274 104.136 0.350
201712 0.199 104.011 0.255
201803 0.172 105.290 0.217
201806 0.098 106.317 0.123
201809 -0.418 106.507 -0.522
201812 -0.271 105.998 -0.340
201903 0.025 107.251 0.031
201906 0.004 108.070 0.005
201909 -0.234 108.329 -0.287
201912 -0.012 108.420 -0.015
202003 -0.256 108.902 -0.313
202006 0.069 108.767 0.084
202009 0.207 109.815 0.251
202012 0.097 109.897 0.117
202103 1.467 111.754 1.746
202106 0.591 114.631 0.686
202109 0.079 115.734 0.091
202112 0.187 117.630 0.211
202203 0.226 121.301 0.248
202206 -0.522 125.017 -0.555
202209 -0.354 125.227 -0.376
202212 -0.906 125.222 -0.962
202303 0.118 127.348 0.123
202306 -0.374 128.729 -0.386
202309 0.226 129.860 0.232
202312 -0.512 129.419 -0.526
202403 0.030 131.776 0.030
202406 0.561 132.554 0.563
202409 -0.394 133.029 -0.394

Add all the adjusted EPS together and divide 10 will get our e10.


Feng Ching Metal  (ROCO:2061) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of Feng Ching Metal was 3.23. The lowest was 0.00. And the median was 2.85.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Feng Ching Metal E10 Related Terms

Thank you for viewing the detailed overview of Feng Ching Metal's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Feng Ching Metal Business Description

Traded in Other Exchanges
N/A
Address
No. 38, Xinguang Road, Floor 30-4, Lingya District, Kaohsiung, TWN, 802
Feng Ching Metal Corp is a Taiwan-based company engaged in the production of enameled wire. Its products include copper bonding wires, polyether diol-coated copper bonding wires, and others.

Feng Ching Metal Headlines

No Headlines