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Chung-Hsin Electric & Machinery Mfg (TPE:1513) E10 : NT$2.92 (As of Mar. 2024)


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What is Chung-Hsin Electric & Machinery Mfg 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.

Chung-Hsin Electric & Machinery Mfg's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$1.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Chung-Hsin Electric & Machinery Mfg's average E10 Growth Rate was 9.50% per year. During the past 3 years, the average E10 Growth Rate was 18.20% 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 Chung-Hsin Electric & Machinery Mfg was 19.50% per year. The lowest was 18.20% per year. And the median was 18.85% per year.

As of today (2024-05-23), Chung-Hsin Electric & Machinery Mfg's current stock price is NT$162.00. Chung-Hsin Electric & Machinery Mfg's E10 for the quarter that ended in Mar. 2024 was NT$2.92. Chung-Hsin Electric & Machinery Mfg's Shiller PE Ratio of today is 55.48.

During the past 13 years, the highest Shiller PE Ratio of Chung-Hsin Electric & Machinery Mfg was 73.61. The lowest was 11.35. And the median was 26.61.


Chung-Hsin Electric & Machinery Mfg E10 Historical Data

The historical data trend for Chung-Hsin Electric & Machinery Mfg'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.

Chung-Hsin Electric & Machinery Mfg E10 Chart

Chung-Hsin Electric & Machinery Mfg 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 1.44 1.64 2.00 2.46 2.71

Chung-Hsin Electric & Machinery Mfg 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 2.63 2.47 2.61 2.71 2.92

Competitive Comparison of Chung-Hsin Electric & Machinery Mfg's E10

For the Specialty Industrial Machinery subindustry, Chung-Hsin Electric & Machinery Mfg'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.


Chung-Hsin Electric & Machinery Mfg's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chung-Hsin Electric & Machinery Mfg's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Chung-Hsin Electric & Machinery Mfg's Shiller PE Ratio falls into.



Chung-Hsin Electric & Machinery Mfg 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, Chung-Hsin Electric & Machinery Mfg'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)
=1.93/131.7762*131.7762
=1.930

Current CPI (Mar. 2024) = 131.7762.

Chung-Hsin Electric & Machinery Mfg Quarterly Data

per share eps CPI Adj_EPS
201406 0.350 100.560 0.459
201409 0.290 100.428 0.381
201412 0.660 99.070 0.878
201503 0.300 99.621 0.397
201506 0.250 100.684 0.327
201509 0.780 100.392 1.024
201512 0.010 99.792 0.013
201603 0.360 100.470 0.472
201606 0.330 101.688 0.428
201609 0.500 101.861 0.647
201612 0.030 101.863 0.039
201703 0.250 102.862 0.320
201706 0.230 103.349 0.293
201709 0.490 104.136 0.620
201712 0.220 104.011 0.279
201803 0.270 105.290 0.338
201806 0.440 106.317 0.545
201809 0.350 106.507 0.433
201812 0.264 105.998 0.328
201903 0.340 107.251 0.418
201906 0.300 108.070 0.366
201909 0.580 108.329 0.706
201912 0.330 108.420 0.401
202003 0.230 108.902 0.278
202006 0.580 108.767 0.703
202009 0.780 109.815 0.936
202012 1.750 109.897 2.098
202103 1.260 111.754 1.486
202106 0.650 114.631 0.747
202109 0.890 115.734 1.013
202112 1.210 117.630 1.356
202203 1.150 121.301 1.249
202206 1.170 125.017 1.233
202209 1.120 125.227 1.179
202212 1.520 125.222 1.600
202303 1.540 127.348 1.594
202306 -1.420 128.729 -1.454
202309 1.510 129.860 1.532
202312 1.620 129.419 1.650
202403 1.930 131.776 1.930

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


Chung-Hsin Electric & Machinery Mfg  (TPE:1513) 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.

Chung-Hsin Electric & Machinery Mfg's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=162.00/2.92
=55.48

* 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 Chung-Hsin Electric & Machinery Mfg was 73.61. The lowest was 11.35. And the median was 26.61.


Be Aware

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


Chung-Hsin Electric & Machinery Mfg E10 Related Terms

Thank you for viewing the detailed overview of Chung-Hsin Electric & Machinery Mfg's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Chung-Hsin Electric & Machinery Mfg (TPE:1513) Business Description

Traded in Other Exchanges
N/A
Address
No. 25, Wen-Te Road, Lo Shan Tsun, Guishan District, Taoyuan, TWN, 33383
Chung-Hsin Electric & Machinery Mfg Corp is a manufacturer of power generation machinery and equipment and its related parts, air-conditioners, dehumidifiers, and meters. The company's products include chillers, generator sets, high voltage circuit breakers, smart grid electric power automation equipment, customized fuel cell systems, methanol reformers, handheld document terminals, industrial computers and parking facilities, among others. Its operating segments include Electricity Power; Service and Engineering and other. The company generates maximum revenue from the Electricity Power segment.

Chung-Hsin Electric & Machinery Mfg (TPE:1513) Headlines

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