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Taiming Assurance Broker Co (ROCO:5878) E10 : NT$3.66 (As of Mar. 2024)


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What is Taiming Assurance Broker 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.

Taiming Assurance Broker Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$3.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Taiming Assurance Broker Co's average E10 Growth Rate was -2.70% 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.

As of today (2024-06-20), Taiming Assurance Broker Co's current stock price is NT$47.50. Taiming Assurance Broker Co's E10 for the quarter that ended in Mar. 2024 was NT$3.66. Taiming Assurance Broker Co's Shiller PE Ratio of today is 12.98.

During the past 13 years, the highest Shiller PE Ratio of Taiming Assurance Broker Co was 13.31. The lowest was 5.06. And the median was 12.86.


Taiming Assurance Broker Co E10 Historical Data

The historical data trend for Taiming Assurance Broker 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.

Taiming Assurance Broker Co E10 Chart

Taiming Assurance Broker 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 - - - 3.82 3.70

Taiming Assurance Broker 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 3.76 3.77 3.76 3.70 3.66

Competitive Comparison of Taiming Assurance Broker Co's E10

For the Insurance Brokers subindustry, Taiming Assurance Broker 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.


Taiming Assurance Broker Co's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Taiming Assurance Broker Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Taiming Assurance Broker Co's Shiller PE Ratio falls into.



Taiming Assurance Broker 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, Taiming Assurance Broker 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)
=0.28/131.7762*131.7762
=0.280

Current CPI (Mar. 2024) = 131.7762.

Taiming Assurance Broker Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.683 100.560 0.895
201409 0.680 100.428 0.892
201412 0.440 99.070 0.585
201503 1.040 99.621 1.376
201506 0.490 100.684 0.641
201509 1.050 100.392 1.378
201512 0.530 99.792 0.700
201603 0.920 100.470 1.207
201606 0.830 101.688 1.076
201609 1.110 101.861 1.436
201612 0.760 101.863 0.983
201703 1.060 102.862 1.358
201706 0.680 103.349 0.867
201709 1.280 104.136 1.620
201712 0.750 104.011 0.950
201803 0.790 105.290 0.989
201806 1.050 106.317 1.301
201809 0.570 106.507 0.705
201812 0.790 105.998 0.982
201903 0.530 107.251 0.651
201906 0.830 108.070 1.012
201909 0.850 108.329 1.034
201912 0.820 108.420 0.997
202003 0.750 108.902 0.908
202006 0.960 108.767 1.163
202009 0.720 109.815 0.864
202012 1.040 109.897 1.247
202103 0.640 111.754 0.755
202106 0.850 114.631 0.977
202109 0.480 115.734 0.547
202112 1.020 117.630 1.143
202203 0.480 121.301 0.521
202206 1.090 125.017 1.149
202209 0.330 125.227 0.347
202212 0.730 125.222 0.768
202303 0.310 127.348 0.321
202306 0.640 128.729 0.655
202309 0.520 129.860 0.528
202312 0.730 129.419 0.743
202403 0.280 131.776 0.280

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


Taiming Assurance Broker Co  (ROCO:5878) 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.

Taiming Assurance Broker Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=47.50/3.66
=12.98

* 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 Taiming Assurance Broker Co was 13.31. The lowest was 5.06. And the median was 12.86.


Be Aware

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


Taiming Assurance Broker Co E10 Related Terms

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


Taiming Assurance Broker Co (ROCO:5878) Business Description

Traded in Other Exchanges
N/A
Address
Guanqian Road,, 11F, No. 49,, Zhongzheng Dist., Taipei, TWN, 100
Taiming Assurance Broker Co Ltd is a Taiwan-based company engaged in sales of life insurance brokers commodities and property casualty insurance brokers commodities.

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