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Forward Electronics Co (ROCO:8085) E10 : NT$-0.49 (As of Mar. 2025)


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What is Forward Electronics 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.

Forward Electronics Co's adjusted earnings per share data for the three months ended in Mar. 2025 was NT$-0.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-0.49 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average E10 Growth Rate was 19.50% per year. During the past 5 years, the average E10 Growth Rate was 21.20% 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 Forward Electronics Co was 31.70% per year. The lowest was 19.50% per year. And the median was 21.60% per year.

As of today (2025-06-20), Forward Electronics Co's current stock price is NT$20.35. Forward Electronics Co's E10 for the quarter that ended in Mar. 2025 was NT$-0.49. Forward Electronics Co's Shiller PE Ratio of today is .


Forward Electronics Co E10 Historical Data

The historical data trend for Forward Electronics 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.

Forward Electronics Co E10 Chart

Forward Electronics Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.16 -0.90 -0.55 -0.37 -0.47

Forward Electronics Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.39 -0.43 -0.48 -0.47 -0.49

Competitive Comparison of Forward Electronics Co's E10

For the Electronic Components subindustry, Forward Electronics 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.


Forward Electronics Co's Shiller PE Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Forward Electronics Co's Shiller PE Ratio falls into.


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Forward Electronics 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, Forward Electronics Co's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.27/134.9266*134.9266
=-0.270

Current CPI (Mar. 2025) = 134.9266.

Forward Electronics Co Quarterly Data

per share eps CPI Adj_EPS
201506 -0.461 100.684 -0.618
201509 -0.202 100.392 -0.271
201512 -0.539 99.792 -0.729
201603 -0.404 100.470 -0.543
201606 -0.135 101.688 -0.179
201609 1.528 101.861 2.024
201612 -0.281 101.863 -0.372
201703 -0.213 102.862 -0.279
201706 -0.011 103.349 -0.014
201709 0.124 104.136 0.161
201712 0.135 104.011 0.175
201803 -0.281 105.290 -0.360
201806 -0.191 106.317 -0.242
201809 -0.461 106.507 -0.584
201812 -0.427 105.998 -0.544
201903 -0.079 107.251 -0.099
201906 0.022 108.070 0.027
201909 -0.416 108.329 -0.518
201912 -0.545 108.420 -0.678
202003 -0.472 108.902 -0.585
202006 0.034 108.767 0.042
202009 -0.236 109.815 -0.290
202012 0.144 109.897 0.177
202103 0.080 111.754 0.097
202106 0.020 114.631 0.024
202109 0.120 115.734 0.140
202112 0.018 117.630 0.021
202203 0.140 121.301 0.156
202206 0.140 125.017 0.151
202209 0.590 125.227 0.636
202212 0.360 125.222 0.388
202303 -0.120 127.348 -0.127
202306 -0.030 128.729 -0.031
202309 -0.070 129.860 -0.073
202312 -0.780 129.419 -0.813
202403 -0.170 131.776 -0.174
202406 -0.060 132.554 -0.061
202409 -0.430 133.029 -0.436
202412 -0.210 133.157 -0.213
202503 -0.270 134.927 -0.270

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


Forward Electronics Co  (ROCO:8085) 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.


Be Aware

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


Forward Electronics Co E10 Related Terms

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


Forward Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
No. 22, Section 3, Zhongshan North Road, Zhongshan District, Taipei, TWN
Forward Electronics Co Ltd is engaged in the manufacturing, development, and sales of LED packaging and lighting applications, backlight modules, digital TV modules, video boxes, variable resistors, switches, encoders, sensors, Bluetooth mice-headphones, remote controls, card readers, LCD display modules.

Forward Electronics Co Headlines

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