GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Delta Electronics Inc (TPE:2308) » Definitions » E10

Delta Electronics (TPE:2308) E10 : NT$11.21 (As of Sep. 2024)


View and export this data going back to 1988. Start your Free Trial

What is Delta Electronics 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.

Delta Electronics's adjusted earnings per share data for the three months ended in Sep. 2024 was NT$4.740. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$11.21 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Delta Electronics's average E10 Growth Rate was 5.60% per year. During the past 3 years, the average E10 Growth Rate was 10.60% 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 Delta Electronics was 10.60% per year. The lowest was 9.60% per year. And the median was 10.10% per year.

As of today (2024-12-16), Delta Electronics's current stock price is NT$423.00. Delta Electronics's E10 for the quarter that ended in Sep. 2024 was NT$11.21. Delta Electronics's Shiller PE Ratio of today is 37.73.

During the past 13 years, the highest Shiller PE Ratio of Delta Electronics was 39.29. The lowest was 15.48. And the median was 28.77.


Delta Electronics E10 Historical Data

The historical data trend for Delta Electronics'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.

Delta Electronics E10 Chart

Delta Electronics 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 7.59 7.89 8.94 10.00 10.67

Delta Electronics 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 10.62 10.67 10.84 11.01 11.21

Competitive Comparison of Delta Electronics's E10

For the Electronic Components subindustry, Delta Electronics'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.


Delta Electronics's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Delta Electronics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Delta Electronics's Shiller PE Ratio falls into.



Delta Electronics 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, Delta Electronics'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)
=4.74/133.0289*133.0289
=4.740

Current CPI (Sep. 2024) = 133.0289.

Delta Electronics Quarterly Data

per share eps CPI Adj_EPS
201412 2.059 99.070 2.765
201503 1.570 99.621 2.096
201506 1.540 100.684 2.035
201509 2.400 100.392 3.180
201512 2.070 99.792 2.759
201603 1.470 100.470 1.946
201606 1.650 101.688 2.159
201609 2.170 101.861 2.834
201612 1.880 101.863 2.455
201703 1.480 102.862 1.914
201706 1.630 103.349 2.098
201709 2.090 104.136 2.670
201712 1.810 104.011 2.315
201803 1.060 105.290 1.339
201806 1.260 106.317 1.577
201809 2.340 106.507 2.923
201812 2.310 105.998 2.899
201903 1.290 107.251 1.600
201906 3.660 108.070 4.505
201909 1.960 108.329 2.407
201912 1.940 108.420 2.380
202003 0.790 108.902 0.965
202006 2.920 108.767 3.571
202009 3.210 109.815 3.889
202012 2.850 109.897 3.450
202103 2.530 111.754 3.012
202106 2.920 114.631 3.389
202109 2.440 115.734 2.805
202112 2.390 117.630 2.703
202203 2.330 121.301 2.555
202206 2.930 125.017 3.118
202209 4.250 125.227 4.515
202212 3.030 125.222 3.219
202303 2.650 127.348 2.768
202306 3.130 128.729 3.235
202309 3.590 129.860 3.678
202312 3.430 129.419 3.526
202403 2.210 131.776 2.231
202406 3.820 132.554 3.834
202409 4.740 133.029 4.740

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


Delta Electronics  (TPE:2308) 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.

Delta Electronics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=423.00/11.21
=37.73

* 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 Delta Electronics was 39.29. The lowest was 15.48. And the median was 28.77.


Be Aware

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


Delta Electronics E10 Related Terms

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


Delta Electronics Business Description

Traded in Other Exchanges
N/A
Address
No. 186, Ruey Kuang Road, Neihu District, Taipei, TWN, 11491
Founded in 1971, Delta Electronics, or Delta, is the largest industrial power system supplier globally. It positions itself as a solutions provider in telecom power, renewable energy, surveillance systems, new energy vehicles power systems, smart building, industrial automation, and data centers. Delta also trades under Innergie, Loytec, Delta Controls and Amerlux. The company's headquarters are in Taipei, Taiwan, and employs over 11,000 people in 30 countries. A group of Delta's subsidiaries consolidated under Delta Electronics (Thailand) Public Company Limited, or DET, is listed on the Stock Exchange of Thailand. DET is 63.08% owned by Delta. The company owns 56.75% of surveillance system provider Vivotek (3454 TW).

Delta Electronics Headlines

No Headlines