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Taiwannyo Electric Co (TPE:1614) E10 : NT$1.29 (As of Mar. 2024)


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What is Taiwannyo Electric 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.

Taiwannyo Electric Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Taiwannyo Electric Co's average E10 Growth Rate was 4.00% per year. During the past 3 years, the average E10 Growth Rate was 4.00% 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 Taiwannyo Electric Co was 4.00% per year. The lowest was 2.90% per year. And the median was 3.45% per year.

As of today (2024-06-24), Taiwannyo Electric Co's current stock price is NT$44.80. Taiwannyo Electric Co's E10 for the quarter that ended in Mar. 2024 was NT$1.29. Taiwannyo Electric Co's Shiller PE Ratio of today is 34.73.

During the past 13 years, the highest Shiller PE Ratio of Taiwannyo Electric Co was 38.45. The lowest was 22.93. And the median was 30.59.


Taiwannyo Electric Co E10 Historical Data

The historical data trend for Taiwannyo Electric 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.

Taiwannyo Electric Co E10 Chart

Taiwannyo Electric 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 1.11 1.12 1.15 1.21 1.26

Taiwannyo Electric 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 1.24 1.27 1.29 1.26 1.29

Competitive Comparison of Taiwannyo Electric Co's E10

For the Furnishings, Fixtures & Appliances subindustry, Taiwannyo Electric 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.


Taiwannyo Electric Co's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Taiwannyo Electric Co's Shiller PE Ratio distribution charts can be found below:

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



Taiwannyo Electric 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, Taiwannyo Electric 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)
=0.07/131.7762*131.7762
=0.070

Current CPI (Mar. 2024) = 131.7762.

Taiwannyo Electric Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.320 100.560 0.419
201409 0.310 100.428 0.407
201412 0.220 99.070 0.293
201503 0.030 99.621 0.040
201506 0.420 100.684 0.550
201509 0.320 100.392 0.420
201512 0.220 99.792 0.291
201603 0.270 100.470 0.354
201606 0.520 101.688 0.674
201609 0.350 101.861 0.453
201612 0.080 101.863 0.103
201703 0.120 102.862 0.154
201706 0.250 103.349 0.319
201709 0.250 104.136 0.316
201712 0.200 104.011 0.253
201803 0.150 105.290 0.188
201806 0.270 106.317 0.335
201809 0.240 106.507 0.297
201812 0.110 105.998 0.137
201903 0.170 107.251 0.209
201906 0.200 108.070 0.244
201909 0.280 108.329 0.341
201912 0.290 108.420 0.352
202003 0.130 108.902 0.157
202006 0.480 108.767 0.582
202009 0.550 109.815 0.660
202012 0.190 109.897 0.228
202103 0.230 111.754 0.271
202106 0.420 114.631 0.483
202109 0.430 115.734 0.490
202112 0.330 117.630 0.370
202203 0.210 121.301 0.228
202206 0.340 125.017 0.358
202209 0.350 125.227 0.368
202212 0.220 125.222 0.232
202303 0.190 127.348 0.197
202306 0.420 128.729 0.430
202309 0.390 129.860 0.396
202312 0.240 129.419 0.244
202403 0.070 131.776 0.070

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


Taiwannyo Electric Co  (TPE:1614) 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.

Taiwannyo Electric Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=44.80/1.29
=34.73

* 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 Taiwannyo Electric Co was 38.45. The lowest was 22.93. And the median was 30.59.


Be Aware

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


Taiwannyo Electric Co E10 Related Terms

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


Taiwannyo Electric Co (TPE:1614) Business Description

Traded in Other Exchanges
N/A
Address
No. 266, Songjiang Road, 10th floor, Taipei, TWN
Taiwan Sanyo Electric Co Ltd manufactures and markets home appliances. The company provides air conditioners, refrigerators, washing machines, electrical fans, electrical shavers, electrical cookers and video and audio disk players among others.

Taiwannyo Electric Co (TPE:1614) Headlines

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