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Shin Ruenn Development Co (ROCO:6186) E10 : NT$2.85 (As of Jun. 2024)


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What is Shin Ruenn Development 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.

Shin Ruenn Development Co's adjusted earnings per share data for the three months ended in Jun. 2024 was NT$1.209. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.85 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Shin Ruenn Development Co's average E10 Growth Rate was -8.90% per year. During the past 3 years, the average E10 Growth Rate was 10.10% 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 Shin Ruenn Development Co was 20.90% per year. The lowest was 10.10% per year. And the median was 15.50% per year.

As of today (2024-09-20), Shin Ruenn Development Co's current stock price is NT$81.00. Shin Ruenn Development Co's E10 for the quarter that ended in Jun. 2024 was NT$2.85. Shin Ruenn Development Co's Shiller PE Ratio of today is 28.42.

During the past 13 years, the highest Shiller PE Ratio of Shin Ruenn Development Co was 37.38. The lowest was 8.47. And the median was 12.22.


Shin Ruenn Development Co E10 Historical Data

The historical data trend for Shin Ruenn Development 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.

Shin Ruenn Development Co E10 Chart

Shin Ruenn Development 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 1.67 2.04 2.43 2.95 2.72

Shin Ruenn Development Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.13 3.22 2.72 2.74 2.85

Competitive Comparison of Shin Ruenn Development Co's E10

For the Real Estate - Development subindustry, Shin Ruenn Development 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.


Shin Ruenn Development Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shin Ruenn Development Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shin Ruenn Development Co's Shiller PE Ratio falls into.



Shin Ruenn Development 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, Shin Ruenn Development Co's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.209/132.5538*132.5538
=1.209

Current CPI (Jun. 2024) = 132.5538.

Shin Ruenn Development Co Quarterly Data

per share eps CPI Adj_EPS
201409 -0.205 100.428 -0.271
201412 1.516 99.070 2.028
201503 0.918 99.621 1.221
201506 0.172 100.684 0.226
201509 -0.226 100.392 -0.298
201512 3.729 99.792 4.953
201603 0.542 100.470 0.715
201606 0.309 101.688 0.403
201609 1.702 101.861 2.215
201612 0.105 101.863 0.137
201703 0.181 102.862 0.233
201706 -0.236 103.349 -0.303
201709 -0.292 104.136 -0.372
201712 0.418 104.011 0.533
201803 -0.362 105.290 -0.456
201806 -0.268 106.317 -0.334
201809 -0.418 106.507 -0.520
201812 0.693 105.998 0.867
201903 0.008 107.251 0.010
201906 -0.008 108.070 -0.010
201909 -0.445 108.329 -0.545
201912 3.895 108.420 4.762
202003 1.202 108.902 1.463
202006 0.165 108.767 0.201
202009 0.148 109.815 0.179
202012 1.402 109.897 1.691
202103 1.548 111.754 1.836
202106 1.287 114.631 1.488
202109 -0.104 115.734 -0.119
202112 -0.087 117.630 -0.098
202203 -0.209 121.301 -0.228
202206 -0.261 125.017 -0.277
202209 -0.130 125.227 -0.138
202212 2.530 125.222 2.678
202303 0.200 127.348 0.208
202306 0.087 128.729 0.090
202309 0.452 129.860 0.461
202312 1.826 129.419 1.870
202403 0.757 131.776 0.761
202406 1.209 132.554 1.209

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


Shin Ruenn Development Co  (ROCO:6186) 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.

Shin Ruenn Development Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=81.00/2.85
=28.42

* 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 Shin Ruenn Development Co was 37.38. The lowest was 8.47. And the median was 12.22.


Be Aware

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


Shin Ruenn Development Co E10 Related Terms

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


Shin Ruenn Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 109, Section 3, Minsheng East Road, 8th Floor, Songshan District, Taiepi, TWN, 105
Shin Ruenn Development Co Ltd provides development and sale of residential and commercial buildings, villas, and office buildings.

Shin Ruenn Development Co Headlines

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