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Otsuka Information Technology (ROCO:3570) E10 : NT$8.50 (As of Sep. 2024)


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What is Otsuka Information Technology 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.

Otsuka Information Technology's adjusted earnings per share data for the three months ended in Sep. 2024 was NT$3.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$8.50 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Otsuka Information Technology's average E10 Growth Rate was 9.30% per year. During the past 3 years, the average E10 Growth Rate was 13.90% 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 Otsuka Information Technology was 13.90% per year. The lowest was 13.90% per year. And the median was 13.90% per year.

As of today (2025-01-19), Otsuka Information Technology's current stock price is NT$165.50. Otsuka Information Technology's E10 for the quarter that ended in Sep. 2024 was NT$8.50. Otsuka Information Technology's Shiller PE Ratio of today is 19.47.

During the past 13 years, the highest Shiller PE Ratio of Otsuka Information Technology was 22.55. The lowest was 11.73. And the median was 16.08.


Otsuka Information Technology E10 Historical Data

The historical data trend for Otsuka Information Technology'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.

Otsuka Information Technology E10 Chart

Otsuka Information Technology 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 4.78 5.31 6.05 7.06 7.85

Otsuka Information Technology 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 7.78 7.85 8.19 8.37 8.50

Competitive Comparison of Otsuka Information Technology's E10

For the Software - Application subindustry, Otsuka Information Technology'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.


Otsuka Information Technology's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Otsuka Information Technology's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Otsuka Information Technology's Shiller PE Ratio falls into.



Otsuka Information Technology 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, Otsuka Information Technology'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)
=3.21/133.0289*133.0289
=3.210

Current CPI (Sep. 2024) = 133.0289.

Otsuka Information Technology Quarterly Data

per share eps CPI Adj_EPS
201412 1.660 99.070 2.229
201503 1.160 99.621 1.549
201506 1.090 100.684 1.440
201509 1.180 100.392 1.564
201512 1.950 99.792 2.599
201603 0.790 100.470 1.046
201606 0.900 101.688 1.177
201609 1.640 101.861 2.142
201612 1.260 101.863 1.646
201703 0.450 102.862 0.582
201706 -0.260 103.349 -0.335
201709 0.680 104.136 0.869
201712 0.630 104.011 0.806
201803 0.330 105.290 0.417
201806 1.160 106.317 1.451
201809 1.310 106.507 1.636
201812 1.510 105.998 1.895
201903 2.000 107.251 2.481
201906 2.030 108.070 2.499
201909 1.950 108.329 2.395
201912 2.330 108.420 2.859
202003 2.340 108.902 2.858
202006 2.110 108.767 2.581
202009 1.520 109.815 1.841
202012 1.980 109.897 2.397
202103 1.540 111.754 1.833
202106 1.820 114.631 2.112
202109 2.520 115.734 2.897
202112 2.560 117.630 2.895
202203 2.320 121.301 2.544
202206 2.770 125.017 2.948
202209 2.480 125.227 2.635
202212 3.000 125.222 3.187
202303 2.760 127.348 2.883
202306 3.010 128.729 3.111
202309 3.060 129.860 3.135
202312 2.720 129.419 2.796
202403 3.040 131.776 3.069
202406 3.130 132.554 3.141
202409 3.210 133.029 3.210

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


Otsuka Information Technology  (ROCO:3570) 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.

Otsuka Information Technology's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=165.50/8.5
=19.47

* 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 Otsuka Information Technology was 22.55. The lowest was 11.73. And the median was 16.08.


Be Aware

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


Otsuka Information Technology E10 Related Terms

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


Otsuka Information Technology Business Description

Traded in Other Exchanges
N/A
Address
No.68, Sianmin Boulevard, 6th Floor, Section 2, Banqiao District, New Taipei, TWN
Otsuka Information Technology Corp is a Taiwan-based company engaged in designing, trading, maintaining, importing, and exporting hardware, software, computers, network and accessories. Its major products generating revenues are CAD, Subscription contracts, Services, 3D animation, Game engines, and others. It earns maximum revenues from software sales.

Otsuka Information Technology Headlines

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