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Arlitech Electronic (ROCO:6432) E10 : NT$2.44 (As of Mar. 2024)


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What is Arlitech Electronic 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.

Arlitech Electronic's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Arlitech Electronic's average E10 Growth Rate was 7.00% 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 (2024-05-17), Arlitech Electronic's current stock price is NT$35.35. Arlitech Electronic's E10 for the quarter that ended in Mar. 2024 was NT$2.44. Arlitech Electronic's Shiller PE Ratio of today is 14.49.

During the past 12 years, the highest Shiller PE Ratio of Arlitech Electronic was 16.71. The lowest was 13.59. And the median was 14.77.


Arlitech Electronic E10 Historical Data

The historical data trend for Arlitech Electronic'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.

Arlitech Electronic E10 Chart

Arlitech Electronic 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 - - - - 2.45

Arlitech Electronic 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 2.28 2.28 2.55 2.45 2.44

Competitive Comparison of Arlitech Electronic's E10

For the Electronic Components subindustry, Arlitech Electronic'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.


Arlitech Electronic's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Arlitech Electronic's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Arlitech Electronic's Shiller PE Ratio falls into.



Arlitech Electronic 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, Arlitech Electronic'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)
=0.43/131.7762*131.7762
=0.430

Current CPI (Mar. 2024) = 131.7762.

Arlitech Electronic Quarterly Data

per share eps CPI Adj_EPS
201406 0.585 100.560 0.767
201409 1.312 100.428 1.722
201412 0.868 99.070 1.155
201503 0.491 99.621 0.649
201506 0.547 100.684 0.716
201509 1.463 100.392 1.920
201512 0.651 99.792 0.860
201603 0.462 100.470 0.606
201606 0.519 101.688 0.673
201609 0.314 101.861 0.406
201612 0.373 101.863 0.483
201703 -0.699 102.862 -0.895
201706 0.383 103.349 0.488
201709 0.470 104.136 0.595
201712 0.150 104.011 0.190
201803 -0.150 105.290 -0.188
201806 1.260 106.317 1.562
201809 0.940 106.507 1.163
201812 0.580 105.998 0.721
201903 0.510 107.251 0.627
201906 0.650 108.070 0.793
201909 0.810 108.329 0.985
201912 0.140 108.420 0.170
202003 0.340 108.902 0.411
202006 0.760 108.767 0.921
202009 0.780 109.815 0.936
202012 0.520 109.897 0.624
202103 0.730 111.754 0.861
202106 0.910 114.631 1.046
202109 0.620 115.734 0.706
202112 0.400 117.630 0.448
202203 0.640 121.301 0.695
202206 0.430 125.017 0.453
202209 0.510 125.227 0.537
202212 -0.280 125.222 -0.295
202303 0.130 127.348 0.135
202306 0.380 128.729 0.389
202309 0.730 129.860 0.741
202312 -0.320 129.419 -0.326
202403 0.430 131.776 0.430

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


Arlitech Electronic  (ROCO:6432) 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.

Arlitech Electronic's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=35.35/2.44
=14.49

* 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 12 years, the highest Shiller P/E Ratio of Arlitech Electronic was 16.71. The lowest was 13.59. And the median was 14.77.


Be Aware

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


Arlitech Electronic E10 Related Terms

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


Arlitech Electronic (ROCO:6432) Business Description

Traded in Other Exchanges
N/A
Address
14th Floor , Number 646, Section 5, Re-Route, Sanchong District, New Taipei City, Taipei, TWN
Arlitech Electronic Corp is a Taiwan based company engaged in manufacturing of electronic components. It mainly provides Inductors of various types including Non-Shielded SMD Power Inductor, Shielded SMD Power Inductor, SMD Chip Inductor, EMI Suppression Filter and DIP Inductor.

Arlitech Electronic (ROCO:6432) Headlines

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