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Apex International Financial Engineering Res & Tec Co (ROCO:5210) E10 : NT$-0.54 (As of Mar. 2024)


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What is Apex International Financial Engineering Res & Tec 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.

Apex International Financial Engineering Res & Tec Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$-0.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-0.54 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -31.70% 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 Apex International Financial Engineering Res & Tec Co was -31.70% per year. The lowest was -152.00% per year. And the median was -91.85% per year.

As of today (2024-06-06), Apex International Financial Engineering Res & Tec Co's current stock price is NT$38.95. Apex International Financial Engineering Res & Tec Co's E10 for the quarter that ended in Mar. 2024 was NT$-0.54. Apex International Financial Engineering Res & Tec Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Apex International Financial Engineering Res & Tec Co was 3.23. The lowest was 0.00. And the median was 2.85.


Apex International Financial Engineering Res & Tec Co E10 Historical Data

The historical data trend for Apex International Financial Engineering Res & Tec 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.

Apex International Financial Engineering Res & Tec Co E10 Chart

Apex International Financial Engineering Res & Tec 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 -0.02 -0.21 -0.27 -0.32 -0.48

Apex International Financial Engineering Res & Tec Co 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 -0.34 -0.38 -0.42 -0.48 -0.54

Competitive Comparison of Apex International Financial Engineering Res & Tec Co's E10

For the Software - Application subindustry, Apex International Financial Engineering Res & Tec 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.


Apex International Financial Engineering Res & Tec Co's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Apex International Financial Engineering Res & Tec Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Apex International Financial Engineering Res & Tec Co's Shiller PE Ratio falls into.



Apex International Financial Engineering Res & Tec 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, Apex International Financial Engineering Res & Tec Co'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)
=-0.47/131.7762*131.7762
=-0.470

Current CPI (Mar. 2024) = 131.7762.

Apex International Financial Engineering Res & Tec Co Quarterly Data

per share eps CPI Adj_EPS
201406 -0.050 100.560 -0.066
201409 0.060 100.428 0.079
201412 0.309 99.070 0.411
201503 -0.110 99.621 -0.146
201506 0.280 100.684 0.366
201509 -0.300 100.392 -0.394
201512 0.150 99.792 0.198
201603 -0.350 100.470 -0.459
201606 0.260 101.688 0.337
201609 -0.020 101.861 -0.026
201612 0.190 101.863 0.246
201703 -0.190 102.862 -0.243
201706 -0.200 103.349 -0.255
201709 -0.340 104.136 -0.430
201712 0.020 104.011 0.025
201803 -0.110 105.290 -0.138
201806 -0.380 106.317 -0.471
201809 -0.160 106.507 -0.198
201812 0.369 105.998 0.459
201903 -0.230 107.251 -0.283
201906 -0.030 108.070 -0.037
201909 -0.130 108.329 -0.158
201912 0.029 108.420 0.035
202003 -0.550 108.902 -0.666
202006 -0.180 108.767 -0.218
202009 -0.390 109.815 -0.468
202012 -0.150 109.897 -0.180
202103 -0.370 111.754 -0.436
202106 -0.240 114.631 -0.276
202109 -0.040 115.734 -0.046
202112 0.280 117.630 0.314
202203 -0.010 121.301 -0.011
202206 0.040 125.017 0.042
202209 0.110 125.227 0.116
202212 -0.341 125.222 -0.359
202303 -0.310 127.348 -0.321
202306 -0.370 128.729 -0.379
202309 -0.420 129.860 -0.426
202312 -0.460 129.419 -0.468
202403 -0.470 131.776 -0.470

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


Apex International Financial Engineering Res & Tec Co  (ROCO:5210) 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.

During the past 13 years, the highest Shiller P/E Ratio of Apex International Financial Engineering Res & Tec Co was 3.23. The lowest was 0.00. And the median was 2.85.


Be Aware

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


Apex International Financial Engineering Res & Tec Co E10 Related Terms

Thank you for viewing the detailed overview of Apex International Financial Engineering Res & Tec Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Apex International Financial Engineering Res & Tec Co (ROCO:5210) Business Description

Traded in Other Exchanges
N/A
Address
No. 329, Xinhu 2nd Road, 5th Floor, Neihu District, Taipei, TWN
Apex International Financial Engineering Res & Tec Co Ltd is a Taiwan-based company engaged in providing financial technology integration services. The segments of the company are Information Services, Green Energy Development, and Investment, of which maximum revenue is generated from Information Services. The Company is mainly engaged in information software service, electronic information supply service, system integration service, and solar power equipment engineering contracts.

Apex International Financial Engineering Res & Tec Co (ROCO:5210) Headlines

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