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Ocean Plastics Co (TPE:1321) E10 : NT$0.48 (As of Mar. 2024)


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What is Ocean Plastics 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.

Ocean Plastics Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ocean Plastics Co's average E10 Growth Rate was 23.10% per year. During the past 3 years, the average E10 Growth Rate was 247.60% 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 Ocean Plastics Co was 247.60% per year. The lowest was 247.60% per year. And the median was 247.60% per year.

As of today (2024-06-11), Ocean Plastics Co's current stock price is NT$39.20. Ocean Plastics Co's E10 for the quarter that ended in Mar. 2024 was NT$0.48. Ocean Plastics Co's Shiller PE Ratio of today is 81.67.

During the past 13 years, the highest Shiller PE Ratio of Ocean Plastics Co was 3645.00. The lowest was 72.19. And the median was 109.55.


Ocean Plastics Co E10 Historical Data

The historical data trend for Ocean Plastics 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.

Ocean Plastics Co E10 Chart

Ocean Plastics 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 -0.38 0.01 0.26 0.33 0.42

Ocean Plastics 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 0.39 0.40 0.40 0.42 0.48

Competitive Comparison of Ocean Plastics Co's E10

For the Specialty Chemicals subindustry, Ocean Plastics 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.


Ocean Plastics Co's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ocean Plastics Co's Shiller PE Ratio distribution charts can be found below:

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



Ocean Plastics 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, Ocean Plastics 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)
=0.53/131.7762*131.7762
=0.530

Current CPI (Mar. 2024) = 131.7762.

Ocean Plastics Co Quarterly Data

per share eps CPI Adj_EPS
201406 -0.130 100.560 -0.170
201409 -0.290 100.428 -0.381
201412 -0.250 99.070 -0.333
201503 0.020 99.621 0.026
201506 0.110 100.684 0.144
201509 0.200 100.392 0.263
201512 -0.155 99.792 -0.205
201603 0.020 100.470 0.026
201606 0.070 101.688 0.091
201609 0.150 101.861 0.194
201612 -0.310 101.863 -0.401
201703 -0.320 102.862 -0.410
201706 -0.180 103.349 -0.230
201709 0.400 104.136 0.506
201712 -0.280 104.011 -0.355
201803 0.180 105.290 0.225
201806 -0.330 106.317 -0.409
201809 0.240 106.507 0.297
201812 -0.420 105.998 -0.522
201903 0.140 107.251 0.172
201906 -0.970 108.070 -1.183
201909 0.520 108.329 0.633
201912 -0.030 108.420 -0.036
202003 1.370 108.902 1.658
202006 0.570 108.767 0.691
202009 0.670 109.815 0.804
202012 0.620 109.897 0.743
202103 1.130 111.754 1.332
202106 -0.260 114.631 -0.299
202109 0.650 115.734 0.740
202112 -0.070 117.630 -0.078
202203 -0.070 121.301 -0.076
202206 0.020 125.017 0.021
202209 0.390 125.227 0.410
202212 -0.530 125.222 -0.558
202303 0.590 127.348 0.611
202306 0.090 128.729 0.092
202309 0.220 129.860 0.223
202312 -0.030 129.419 -0.031
202403 0.530 131.776 0.530

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


Ocean Plastics Co  (TPE:1321) 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.

Ocean Plastics Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=39.20/0.48
=81.67

* 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 Ocean Plastics Co was 3645.00. The lowest was 72.19. And the median was 109.55.


Be Aware

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


Ocean Plastics Co E10 Related Terms

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


Ocean Plastics Co (TPE:1321) Business Description

Traded in Other Exchanges
N/A
Address
No. 310, Juguang Road, 5th - 6th Floor, Wanhua District, Taipei, TWN, 108
Ocean Plastics Co Ltd is a Taiwan-based company, that engages in the manufacturing and selling of plastic raw materials, products, and plastic industry supplementary materials. Its products include plastic cloths, plastic pipe, plastic leather products, synthetic leather products, plastic construction materials, and plastic raw materials The company distributes its products in Taiwan, Japan, China, India, and the United States, among others.

Ocean Plastics Co (TPE:1321) Headlines

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