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Taiw Fructose Co (ROCO:4207) E10 : NT$0.90 (As of Sep. 2024)


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What is Taiw Fructose 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.

Taiw Fructose Co's adjusted earnings per share data for the three months ended in Sep. 2024 was NT$0.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.90 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Taiw Fructose Co's average E10 Growth Rate was 8.40% per year. During the past 3 years, the average E10 Growth Rate was 11.10% 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 Taiw Fructose Co was 12.70% per year. The lowest was 11.10% per year. And the median was 11.90% per year.

As of today (2025-03-25), Taiw Fructose Co's current stock price is NT$17.05. Taiw Fructose Co's E10 for the quarter that ended in Sep. 2024 was NT$0.90. Taiw Fructose Co's Shiller PE Ratio of today is 18.94.

During the past 13 years, the highest Shiller PE Ratio of Taiw Fructose Co was 21.12. The lowest was 11.85. And the median was 15.74.


Taiw Fructose Co E10 Historical Data

The historical data trend for Taiw Fructose 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.

Taiw Fructose Co E10 Chart

Taiw Fructose 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 0.58 0.62 0.82 0.83 0.85

Taiw Fructose Co 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 0.83 0.85 0.88 0.91 0.90

Competitive Comparison of Taiw Fructose Co's E10

For the Confectioners subindustry, Taiw Fructose 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.


Taiw Fructose Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Taiw Fructose Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Taiw Fructose Co's Shiller PE Ratio falls into.



Taiw Fructose 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, Taiw Fructose Co'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)
=0.15/133.0289*133.0289
=0.150

Current CPI (Sep. 2024) = 133.0289.

Taiw Fructose Co Quarterly Data

per share eps CPI Adj_EPS
201412 -0.107 99.070 -0.144
201503 -0.015 99.621 -0.020
201506 0.046 100.684 0.061
201509 -0.038 100.392 -0.050
201512 0.054 99.792 0.072
201603 0.046 100.470 0.061
201606 0.199 101.688 0.260
201609 0.207 101.861 0.270
201612 0.345 101.863 0.451
201703 0.352 102.862 0.455
201706 0.084 103.349 0.108
201709 0.369 104.136 0.471
201712 0.141 104.011 0.180
201803 0.133 105.290 0.168
201806 0.149 106.317 0.186
201809 0.318 106.507 0.397
201812 -0.016 105.998 -0.020
201903 0.090 107.251 0.112
201906 0.024 108.070 0.030
201909 0.073 108.329 0.090
201912 0.122 108.420 0.150
202003 0.269 108.902 0.329
202006 0.163 108.767 0.199
202009 0.245 109.815 0.297
202012 0.057 109.897 0.069
202103 0.351 111.754 0.418
202106 0.229 114.631 0.266
202109 0.115 115.734 0.132
202112 1.134 117.630 1.282
202203 0.328 121.301 0.360
202206 0.142 125.017 0.151
202209 0.198 125.227 0.210
202212 0.038 125.222 0.040
202303 0.321 127.348 0.335
202306 0.330 128.729 0.341
202309 0.250 129.860 0.256
202312 0.289 129.419 0.297
202403 0.255 131.776 0.257
202406 0.358 132.554 0.359
202409 0.150 133.029 0.150

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


Taiw Fructose Co  (ROCO:4207) 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.

Taiw Fructose Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=17.05/0.90
=18.94

* 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 Taiw Fructose Co was 21.12. The lowest was 11.85. And the median was 15.74.


Be Aware

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


Taiw Fructose Co E10 Related Terms

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


Taiw Fructose Co Business Description

Traded in Other Exchanges
N/A
Address
No.265,Nankan Road, 5th Floor, Luzhu District, Taoyuan, TWN
Taiw Fructose Co Ltd is a Taiwan-based company engaged in the processing and manufacturing of fructose and maltose. It provides fructose, maltose, oligosaccharide, maltodextrin, cream, sorbierite, crystalline dextrose and starch, among others. It earns revenue from the sale of goods comprised of sales from fructose manufacturing and galvanized iron trading businesses.

Taiw Fructose Co Headlines

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