GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » O-Ta Precision Industry Co Ltd (ROCO:8924) » Definitions » E10

O-Ta Precision Industry Co (ROCO:8924) E10 : NT$7.22 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is O-Ta Precision Industry 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.

O-Ta Precision Industry Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$1.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$7.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, O-Ta Precision Industry Co's average E10 Growth Rate was 13.70% per year. During the past 3 years, the average E10 Growth Rate was 60.40% 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 O-Ta Precision Industry Co was 68.70% per year. The lowest was 60.40% per year. And the median was 64.55% per year.

As of today (2024-06-20), O-Ta Precision Industry Co's current stock price is NT$91.10. O-Ta Precision Industry Co's E10 for the quarter that ended in Mar. 2024 was NT$7.22. O-Ta Precision Industry Co's Shiller PE Ratio of today is 12.62.

During the past 13 years, the highest Shiller PE Ratio of O-Ta Precision Industry Co was 78.99. The lowest was 12.02. And the median was 31.69.


O-Ta Precision Industry Co E10 Historical Data

The historical data trend for O-Ta Precision Industry 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.

O-Ta Precision Industry Co E10 Chart

O-Ta Precision Industry 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 1.27 1.68 3.79 6.10 6.93

O-Ta Precision Industry 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 6.35 6.74 6.93 6.93 7.22

Competitive Comparison of O-Ta Precision Industry Co's E10

For the Leisure subindustry, O-Ta Precision Industry 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.


O-Ta Precision Industry Co's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, O-Ta Precision Industry Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where O-Ta Precision Industry Co's Shiller PE Ratio falls into.



O-Ta Precision Industry 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, O-Ta Precision Industry 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)
=1.17/131.7762*131.7762
=1.170

Current CPI (Mar. 2024) = 131.7762.

O-Ta Precision Industry Co Quarterly Data

per share eps CPI Adj_EPS
201406 -1.577 100.560 -2.067
201409 0.014 100.428 0.018
201412 1.201 99.070 1.597
201503 0.449 99.621 0.594
201506 -1.317 100.684 -1.724
201509 -0.130 100.392 -0.171
201512 0.174 99.792 0.230
201603 -1.708 100.470 -2.240
201606 -0.724 101.688 -0.938
201609 -0.174 101.861 -0.225
201612 -0.054 101.863 -0.070
201703 -1.129 102.862 -1.446
201706 -1.201 103.349 -1.531
201709 9.500 104.136 12.022
201712 1.068 104.011 1.353
201803 0.190 105.290 0.238
201806 -0.910 106.317 -1.128
201809 0.980 106.507 1.213
201812 0.290 105.998 0.361
201903 1.160 107.251 1.425
201906 2.590 108.070 3.158
201909 1.250 108.329 1.521
201912 0.770 108.420 0.936
202003 0.420 108.902 0.508
202006 1.660 108.767 2.011
202009 2.570 109.815 3.084
202012 1.810 109.897 2.170
202103 3.870 111.754 4.563
202106 5.540 114.631 6.369
202109 5.980 115.734 6.809
202112 4.470 117.630 5.008
202203 3.110 121.301 3.379
202206 7.390 125.017 7.790
202209 4.400 125.227 4.630
202212 6.300 125.222 6.630
202303 1.180 127.348 1.221
202306 1.740 128.729 1.781
202309 0.700 129.860 0.710
202312 1.230 129.419 1.252
202403 1.170 131.776 1.170

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


O-Ta Precision Industry Co  (ROCO:8924) 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.

O-Ta Precision Industry Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=91.10/7.22
=12.62

* 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 O-Ta Precision Industry Co was 78.99. The lowest was 12.02. And the median was 31.69.


Be Aware

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


O-Ta Precision Industry Co E10 Related Terms

Thank you for viewing the detailed overview of O-Ta Precision Industry Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


O-Ta Precision Industry Co (ROCO:8924) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Jianfu Road, Neipu Township, Pingtung, TWN
O-Ta Precision Industry Co Ltd is a Taiwan based company engaged in manufacturing, processing (outsourced by other businesses), assembly, and sales of golf club heads and semi-finished goods. The two reportable operating segments below: 1) Golf equipment segment is responsible for manufacturing, processing, and selling golf heads, shafts, and golf equipment. 2) Other segments are responsible for manufacturing and selling bicycles and plumbing parts.

O-Ta Precision Industry Co (ROCO:8924) Headlines

No Headlines