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Wistron Information Technology & Service (ROCO:4953) E10 : NT$5.50 (As of Mar. 2024)


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What is Wistron Information Technology & Service 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.

Wistron Information Technology & Service's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$1.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$5.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wistron Information Technology & Service's average E10 Growth Rate was 17.80% per year. During the past 3 years, the average E10 Growth Rate was 21.60% 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 Wistron Information Technology & Service was 21.60% per year. The lowest was 21.60% per year. And the median was 21.60% per year.

As of today (2024-06-18), Wistron Information Technology & Service's current stock price is NT$134.50. Wistron Information Technology & Service's E10 for the quarter that ended in Mar. 2024 was NT$5.50. Wistron Information Technology & Service's Shiller PE Ratio of today is 24.45.

During the past 13 years, the highest Shiller PE Ratio of Wistron Information Technology & Service was 35.76. The lowest was 17.69. And the median was 24.81.


Wistron Information Technology & Service E10 Historical Data

The historical data trend for Wistron Information Technology & Service'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.

Wistron Information Technology & Service E10 Chart

Wistron Information Technology & Service 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 - 2.94 3.54 4.46 5.29

Wistron Information Technology & Service 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 4.67 4.89 5.14 5.29 5.50

Competitive Comparison of Wistron Information Technology & Service's E10

For the Information Technology Services subindustry, Wistron Information Technology & Service'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.


Wistron Information Technology & Service's Shiller PE Ratio Distribution in the Software Industry

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

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



Wistron Information Technology & Service 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, Wistron Information Technology & Service'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)
=1.84/131.7762*131.7762
=1.840

Current CPI (Mar. 2024) = 131.7762.

Wistron Information Technology & Service Quarterly Data

per share eps CPI Adj_EPS
201406 0.674 100.560 0.883
201409 0.431 100.428 0.566
201412 0.590 99.070 0.785
201503 0.478 99.621 0.632
201506 0.391 100.684 0.512
201509 0.247 100.392 0.324
201512 -0.853 99.792 -1.126
201603 0.239 100.470 0.313
201606 0.207 101.688 0.268
201609 0.271 101.861 0.351
201612 0.494 101.863 0.639
201703 0.263 102.862 0.337
201706 0.415 103.349 0.529
201709 0.465 104.136 0.588
201712 0.853 104.011 1.081
201803 0.503 105.290 0.630
201806 1.625 106.317 2.014
201809 1.510 106.507 1.868
201812 0.987 105.998 1.227
201903 1.224 107.251 1.504
201906 2.122 108.070 2.587
201909 1.678 108.329 2.041
201912 1.086 108.420 1.320
202003 0.938 108.902 1.135
202006 2.182 108.767 2.644
202009 2.369 109.815 2.843
202012 1.431 109.897 1.716
202103 1.609 111.754 1.897
202106 1.649 114.631 1.896
202109 1.826 115.734 2.079
202112 1.678 117.630 1.880
202203 1.619 121.301 1.759
202206 2.004 125.017 2.112
202209 2.150 125.227 2.262
202212 2.380 125.222 2.505
202303 1.830 127.348 1.894
202306 1.945 128.729 1.991
202309 2.270 129.860 2.304
202312 2.330 129.419 2.372
202403 1.840 131.776 1.840

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


Wistron Information Technology & Service  (ROCO:4953) 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.

Wistron Information Technology & Service's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=134.50/5.5
=24.45

* 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 Wistron Information Technology & Service was 35.76. The lowest was 17.69. And the median was 24.81.


Be Aware

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


Wistron Information Technology & Service E10 Related Terms

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


Wistron Information Technology & Service (ROCO:4953) Business Description

Traded in Other Exchanges
N/A
Address
No. 93, Section 1, Xintai 5th Road, 32nd Floor, Xizhi District, Taipei, TWN, 22175
Wistron Information Technology & Service is engaged in the development and maintenance of the IT system, IT consulting and outsourcing services. Its products and service include technical consulting services, information technology outsourcing, business process outsourcing, and product globalization services. Geographically, the business presences are in Taiwan, Japan and Others.

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