GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hiroca Holdings Ltd (TPE:1338) » Definitions » E10

Hiroca Holdings (TPE:1338) E10 : NT$4.94 (As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Hiroca Holdings 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.

Hiroca Holdings's adjusted earnings per share data for the three months ended in Sep. 2024 was NT$-0.350. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$4.94 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Hiroca Holdings's average E10 Growth Rate was -18.50% per year. During the past 3 years, the average E10 Growth Rate was -8.30% 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 Hiroca Holdings was -8.30% per year. The lowest was -8.30% per year. And the median was -8.30% per year.

As of today (2024-12-14), Hiroca Holdings's current stock price is NT$28.05. Hiroca Holdings's E10 for the quarter that ended in Sep. 2024 was NT$4.94. Hiroca Holdings's Shiller PE Ratio of today is 5.68.

During the past 13 years, the highest Shiller PE Ratio of Hiroca Holdings was 9.57. The lowest was 5.64. And the median was 7.14.


Hiroca Holdings E10 Historical Data

The historical data trend for Hiroca Holdings'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.

Hiroca Holdings E10 Chart

Hiroca Holdings 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 - 7.38 6.89 6.60 5.69

Hiroca Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.06 5.69 5.46 5.14 4.94

Competitive Comparison of Hiroca Holdings's E10

For the Auto Parts subindustry, Hiroca Holdings'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.


Hiroca Holdings's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hiroca Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hiroca Holdings's Shiller PE Ratio falls into.



Hiroca Holdings 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, Hiroca Holdings's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.35/115.7848*115.7848
=-0.350

Current CPI (Sep. 2024) = 115.7848.

Hiroca Holdings Quarterly Data

per share eps CPI Adj_EPS
201412 2.270 99.000 2.655
201503 2.170 99.900 2.515
201506 2.270 99.500 2.642
201509 2.130 100.500 2.454
201512 2.450 100.600 2.820
201603 2.240 102.200 2.538
201606 1.710 101.400 1.953
201609 1.750 102.400 1.979
201612 2.450 102.600 2.765
201703 2.200 103.200 2.468
201706 2.080 103.100 2.336
201709 2.310 104.100 2.569
201712 2.640 104.500 2.925
201803 2.260 105.300 2.485
201806 1.750 104.900 1.932
201809 1.210 106.600 1.314
201812 1.270 106.500 1.381
201903 1.190 107.700 1.279
201906 1.040 107.700 1.118
201909 0.980 109.800 1.033
201912 1.560 111.200 1.624
202003 -0.160 112.300 -0.165
202006 0.300 110.400 0.315
202009 1.120 111.700 1.161
202012 2.230 111.500 2.316
202103 1.330 112.662 1.367
202106 0.290 111.769 0.300
202109 0.280 112.215 0.289
202112 1.370 113.108 1.402
202203 1.560 114.335 1.580
202206 -0.300 114.558 -0.303
202209 0.330 115.339 0.331
202212 -0.470 115.116 -0.473
202303 -0.570 115.116 -0.573
202306 -1.130 114.558 -1.142
202309 0.210 115.339 0.211
202312 -0.470 114.781 -0.474
202403 -0.670 115.227 -0.673
202406 -0.460 114.781 -0.464
202409 -0.350 115.785 -0.350

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


Hiroca Holdings  (TPE:1338) 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.

Hiroca Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=28.05/4.94
=5.68

* 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 Hiroca Holdings was 9.57. The lowest was 5.64. And the median was 7.14.


Be Aware

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


Hiroca Holdings E10 Related Terms

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


Hiroca Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Nanxing Road, Houjie Science and Technology Industrial Park, Houjie Town, Guangdong Province, Dongguan, CHN, 523960
Hiroca Holdings Ltd mainly engages in the production and sales of a variety of automotive trim parts, electronic plastic parts, plastic corrugated boards, and molds. The company generates a majority of its revenue from the sale of automotive spare parts and the rest from other products and services. Geographically, it derives key revenue from Mainland China and the rest from America, and other regions.

Hiroca Holdings Headlines

No Headlines