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Taitien Electronics Co (ROCO:8289) E10 : NT$1.51 (As of Mar. 2024)


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What is Taitien 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.

Taitien Electronics Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.320. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.51 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 38.10% 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 Taitien Electronics Co was 38.10% per year. The lowest was 21.10% per year. And the median was 29.60% per year.

As of today (2024-06-19), Taitien Electronics Co's current stock price is NT$31.50. Taitien Electronics Co's E10 for the quarter that ended in Mar. 2024 was NT$1.51. Taitien Electronics Co's Shiller PE Ratio of today is 20.86.

During the past 13 years, the highest Shiller PE Ratio of Taitien Electronics Co was 62.61. The lowest was 12.29. And the median was 23.83.


Taitien Electronics Co E10 Historical Data

The historical data trend for Taitien 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.

Taitien Electronics Co E10 Chart

Taitien Electronics 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 0.80 0.57 0.82 1.42 1.50

Taitien Electronics 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 1.51 1.52 1.56 1.50 1.51

Competitive Comparison of Taitien Electronics Co's E10

For the Scientific & Technical Instruments subindustry, Taitien 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.


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

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

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



Taitien 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, Taitien Electronics 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)
=0.32/131.7762*131.7762
=0.320

Current CPI (Mar. 2024) = 131.7762.

Taitien Electronics Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.067 100.560 0.088
201409 0.289 100.428 0.379
201412 0.259 99.070 0.345
201503 -0.078 99.621 -0.103
201506 0.189 100.684 0.247
201509 0.600 100.392 0.788
201512 0.056 99.792 0.074
201603 -0.002 100.470 -0.003
201606 0.189 101.688 0.245
201609 0.100 101.861 0.129
201612 0.256 101.863 0.331
201703 -0.344 102.862 -0.441
201706 0.278 103.349 0.354
201709 0.144 104.136 0.182
201712 0.078 104.011 0.099
201803 -0.567 105.290 -0.710
201806 0.456 106.317 0.565
201809 1.590 106.507 1.967
201812 0.080 105.998 0.099
201903 -0.100 107.251 -0.123
201906 -0.100 108.070 -0.122
201909 0.290 108.329 0.353
201912 -0.360 108.420 -0.438
202003 -0.090 108.902 -0.109
202006 0.100 108.767 0.121
202009 -0.120 109.815 -0.144
202012 0.170 109.897 0.204
202103 0.300 111.754 0.354
202106 0.710 114.631 0.816
202109 1.060 115.734 1.207
202112 1.040 117.630 1.165
202203 1.260 121.301 1.369
202206 1.720 125.017 1.813
202209 1.690 125.227 1.778
202212 0.530 125.222 0.558
202303 0.840 127.348 0.869
202306 0.270 128.729 0.276
202309 0.400 129.860 0.406
202312 -0.230 129.419 -0.234
202403 0.320 131.776 0.320

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


Taitien Electronics Co  (ROCO:8289) 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.

Taitien Electronics Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=31.50/1.51
=20.86

* 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 Taitien Electronics Co was 62.61. The lowest was 12.29. And the median was 23.83.


Be Aware

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


Taitien Electronics Co E10 Related Terms

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


Taitien Electronics Co (ROCO:8289) Business Description

Traded in Other Exchanges
N/A
Address
No.5, Shutan Street, Shulin District, New Taipei, TWN, 238
Taitien Electronics Co Ltd is a quartz frequency control component manufacturer. The company's main products are X'TAL, OSC, VCXO, and TCXO, and provides the technique of OCXO. The company serves automotive, consumer electronics, information technology, and telecommunications sectors.

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