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Eris Technology (ROCO:3675) E10 : NT$4.25 (As of Mar. 2024)


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What is Eris 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.

Eris Technology's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$1.887. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$4.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Eris Technology's average E10 Growth Rate was 24.60% per year. During the past 3 years, the average E10 Growth Rate was 43.70% 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 Eris Technology was 43.70% per year. The lowest was 43.70% per year. And the median was 43.70% per year.

As of today (2024-05-25), Eris Technology's current stock price is NT$316.00. Eris Technology's E10 for the quarter that ended in Mar. 2024 was NT$4.25. Eris Technology's Shiller PE Ratio of today is 74.35.

During the past 13 years, the highest Shiller PE Ratio of Eris Technology was 140.91. The lowest was 33.57. And the median was 67.85.


Eris Technology E10 Historical Data

The historical data trend for Eris 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.

Eris Technology E10 Chart

Eris 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 - 1.35 2.03 3.18 4.01

Eris Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.41 3.64 3.86 4.01 4.25

Competitive Comparison of Eris Technology's E10

For the Electronic Components subindustry, Eris 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.


Eris Technology's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Eris 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, Eris Technology's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.887/131.7762*131.7762
=1.887

Current CPI (Mar. 2024) = 131.7762.

Eris Technology Quarterly Data

per share eps CPI Adj_EPS
201406 0.280 100.560 0.367
201409 0.402 100.428 0.527
201412 0.297 99.070 0.395
201503 0.393 99.621 0.520
201506 0.455 100.684 0.596
201509 0.595 100.392 0.781
201512 0.385 99.792 0.508
201603 0.341 100.470 0.447
201606 0.533 101.688 0.691
201609 0.455 101.861 0.589
201612 0.586 101.863 0.758
201703 0.525 102.862 0.673
201706 0.796 103.349 1.015
201709 0.682 104.136 0.863
201712 0.629 104.011 0.797
201803 0.262 105.290 0.328
201806 0.796 106.317 0.987
201809 0.699 106.507 0.865
201812 0.463 105.998 0.576
201903 0.358 107.251 0.440
201906 0.595 108.070 0.726
201909 0.586 108.329 0.713
201912 0.455 108.420 0.553
202003 0.437 108.902 0.529
202006 0.708 108.767 0.858
202009 0.376 109.815 0.451
202012 0.315 109.897 0.378
202103 0.892 111.754 1.052
202106 1.661 114.631 1.909
202109 1.923 115.734 2.190
202112 1.958 117.630 2.193
202203 2.133 121.301 2.317
202206 2.492 125.017 2.627
202209 2.381 125.227 2.506
202212 1.956 125.222 2.058
202303 1.482 127.348 1.534
202306 1.976 128.729 2.023
202309 1.749 129.860 1.775
202312 1.442 129.419 1.468
202403 1.887 131.776 1.887

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


Eris Technology  (ROCO:3675) 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.

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

Shiller PE Ratio=Share Price/E10
=316.00/4.25
=74.35

* 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 Eris Technology was 140.91. The lowest was 33.57. And the median was 67.85.


Be Aware

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


Eris Technology E10 Related Terms

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


Eris Technology (ROCO:3675) Business Description

Traded in Other Exchanges
N/A
Address
Section 3, Beishen Road, 222 6th Floor, No. 17, Lane 155, Shenkeng District, New Taipei City, TWN, 22203
Eris Technology Corp designs and manufactures after-market services for Diode products in Taiwan. The Company mainly manufactures tests and sells rectifier diodes, wafers, and a light-emitting diode. Its products include Schottky Diodes, TVS Diodes, Zener Diodes, Bridge Diodes, Wafers, LEDs, and relevant devices. It operates in two departments. Eris Technology and Jie Cheng - mainly manufacturing and selling in diodes, Yea Shin - mainly manufacturing and selling in wafers. The majority is from Eris Technology and Jie Cheng. Geographically, it operates in Taiwan, Asia, Europe, North USA, and Australia, out of which the majority is from Taiwan.

Eris Technology (ROCO:3675) Headlines

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