GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Universal Vision Biotechnology Co Ltd (ROCO:3218) » Definitions » E10

Universal Vision Biotechnology Co (ROCO:3218) E10 : NT$4.97 (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Universal Vision Biotechnology Co 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.

Universal Vision Biotechnology Co's adjusted earnings per share data for the three months ended in Dec. 2023 was NT$2.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$4.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Universal Vision Biotechnology Co's average E10 Growth Rate was 32.50% per year. During the past 3 years, the average E10 Growth Rate was 43.00% 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 Universal Vision Biotechnology Co was 55.40% per year. The lowest was 43.00% per year. And the median was 49.20% per year.

As of today (2024-06-22), Universal Vision Biotechnology Co's current stock price is NT$249.00. Universal Vision Biotechnology Co's E10 for the quarter that ended in Dec. 2023 was NT$4.97. Universal Vision Biotechnology Co's Shiller PE Ratio of today is 50.10.

During the past 13 years, the highest Shiller PE Ratio of Universal Vision Biotechnology Co was 197.66. The lowest was 47.71. And the median was 90.56.


Universal Vision Biotechnology Co E10 Historical Data

The historical data trend for Universal Vision Biotechnology Co'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.

Universal Vision Biotechnology Co E10 Chart

Universal Vision Biotechnology Co 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 1.00 1.70 2.43 3.75 4.97

Universal Vision Biotechnology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.75 4.12 4.46 4.76 4.97

Competitive Comparison of Universal Vision Biotechnology Co's E10

For the Medical Devices subindustry, Universal Vision Biotechnology 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.


Universal Vision Biotechnology Co's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Universal Vision Biotechnology Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Universal Vision Biotechnology Co's Shiller PE Ratio falls into.



Universal Vision Biotechnology Co 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, Universal Vision Biotechnology Co'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)
=2.98/129.4194*129.4194
=2.980

Current CPI (Dec. 2023) = 129.4194.

Universal Vision Biotechnology Co Quarterly Data

per share eps CPI Adj_EPS
201403 0.360 99.695 0.467
201406 0.272 100.560 0.350
201409 0.369 100.428 0.476
201412 0.343 99.070 0.448
201503 0.244 99.621 0.317
201506 0.264 100.684 0.339
201509 0.325 100.392 0.419
201512 0.237 99.792 0.307
201603 0.084 100.470 0.108
201606 0.359 101.688 0.457
201609 0.162 101.861 0.206
201612 0.647 101.863 0.822
201703 0.144 102.862 0.181
201706 0.395 103.349 0.495
201709 0.494 104.136 0.614
201712 0.431 104.011 0.536
201803 0.243 105.290 0.299
201806 0.557 106.317 0.678
201809 0.467 106.507 0.567
201812 0.629 105.998 0.768
201903 0.548 107.251 0.661
201906 0.863 108.070 1.033
201909 0.620 108.329 0.741
201912 0.773 108.420 0.923
202003 1.051 108.902 1.249
202006 1.357 108.767 1.615
202009 1.788 109.815 2.107
202012 1.500 109.897 1.766
202103 1.761 111.754 2.039
202106 1.500 114.631 1.694
202109 1.585 115.734 1.772
202112 2.170 117.630 2.387
202203 2.519 121.301 2.688
202206 2.208 125.017 2.286
202209 2.430 125.227 2.511
202212 2.870 125.222 2.966
202303 3.132 127.348 3.183
202306 3.066 128.729 3.082
202309 3.140 129.860 3.129
202312 2.980 129.419 2.980

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


Universal Vision Biotechnology Co  (ROCO:3218) 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.

Universal Vision Biotechnology Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=249.00/4.97
=50.10

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Universal Vision Biotechnology Co was 197.66. The lowest was 47.71. And the median was 90.56.


Be Aware

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


Universal Vision Biotechnology Co E10 Related Terms

Thank you for viewing the detailed overview of Universal Vision Biotechnology Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Universal Vision Biotechnology Co (ROCO:3218) Business Description

Traded in Other Exchanges
N/A
Address
No. 3-1, Yuanyuan Street, 4th Floor, Nangang District, Taipei, TWN, 115
Universal Vision Biotechnology Co Ltd provides eye treatment and related medical services in Taiwan. It also provides optical devices, glasses, lens and other vision aid products, optometric services, sales and leasing of medical devices, providing of hospital management and technical consultancy services.

Universal Vision Biotechnology Co (ROCO:3218) Headlines

No Headlines