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Taiwan Asia Semiconductor (TPE:2340) E10 : NT$1.66 (As of Mar. 2024)


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What is Taiwan Asia Semiconductor 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.

Taiwan Asia Semiconductor's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$-0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Taiwan Asia Semiconductor's average E10 Growth Rate was -1.20% per year. During the past 3 years, the average E10 Growth Rate was 6.60% 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 Taiwan Asia Semiconductor was 6.60% per year. The lowest was 6.10% per year. And the median was 6.35% per year.

As of today (2024-06-22), Taiwan Asia Semiconductor's current stock price is NT$42.15. Taiwan Asia Semiconductor's E10 for the quarter that ended in Mar. 2024 was NT$1.66. Taiwan Asia Semiconductor's Shiller PE Ratio of today is 25.39.

During the past 13 years, the highest Shiller PE Ratio of Taiwan Asia Semiconductor was 47.84. The lowest was 11.12. And the median was 22.45.


Taiwan Asia Semiconductor E10 Historical Data

The historical data trend for Taiwan Asia Semiconductor'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.

Taiwan Asia Semiconductor E10 Chart

Taiwan Asia Semiconductor 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 1.39 1.38 1.58 1.66 1.67

Taiwan Asia Semiconductor 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 1.68 1.70 1.71 1.67 1.66

Competitive Comparison of Taiwan Asia Semiconductor's E10

For the Semiconductors subindustry, Taiwan Asia Semiconductor'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.


Taiwan Asia Semiconductor's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Taiwan Asia Semiconductor's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Asia Semiconductor's Shiller PE Ratio falls into.



Taiwan Asia Semiconductor 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, Taiwan Asia Semiconductor'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)
=-0.08/131.7762*131.7762
=-0.080

Current CPI (Mar. 2024) = 131.7762.

Taiwan Asia Semiconductor Quarterly Data

per share eps CPI Adj_EPS
201406 0.341 100.560 0.447
201409 0.294 100.428 0.386
201412 0.294 99.070 0.391
201503 0.235 99.621 0.311
201506 0.306 100.684 0.400
201509 0.341 100.392 0.448
201512 0.341 99.792 0.450
201603 0.247 100.470 0.324
201606 0.588 101.688 0.762
201609 0.612 101.861 0.792
201612 0.376 101.863 0.486
201703 0.400 102.862 0.512
201706 0.353 103.349 0.450
201709 0.447 104.136 0.566
201712 0.329 104.011 0.417
201803 0.412 105.290 0.516
201806 0.400 106.317 0.496
201809 0.390 106.507 0.483
201812 0.370 105.998 0.460
201903 0.260 107.251 0.319
201906 0.330 108.070 0.402
201909 0.490 108.329 0.596
201912 0.380 108.420 0.462
202003 0.320 108.902 0.387
202006 0.180 108.767 0.218
202009 0.540 109.815 0.648
202012 0.460 109.897 0.552
202103 0.650 111.754 0.766
202106 0.490 114.631 0.563
202109 0.620 115.734 0.706
202112 0.330 117.630 0.370
202203 0.300 121.301 0.326
202206 0.320 125.017 0.337
202209 0.240 125.227 0.253
202212 -0.050 125.222 -0.053
202303 0.160 127.348 0.166
202306 0.260 128.729 0.266
202309 0.310 129.860 0.315
202312 -0.030 129.419 -0.031
202403 -0.080 131.776 -0.080

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


Taiwan Asia Semiconductor  (TPE:2340) 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.

Taiwan Asia Semiconductor's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=42.15/1.66
=25.39

* 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 Taiwan Asia Semiconductor was 47.84. The lowest was 11.12. And the median was 22.45.


Be Aware

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


Taiwan Asia Semiconductor E10 Related Terms

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


Taiwan Asia Semiconductor (TPE:2340) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Li-Hsin 5th Road, Hsinchu Science Park, Hsinchu, TWN, 30078
Taiwan Asia Semiconductor Corp is engaged in the manufacture and sales of semiconductor components as well as research and development, design, manufacture, and sales of systems products. Its products consist of visible light-emitting diode chips, photodiodes, phototransistors, photo-sensing controllable thyristors, Zener diode chips, resistor chips, infrared radiation chips, colored light, IR LED, vertical-cavity surface-emitting lasers, light-emitting diode displays, automotive lighting, among others. Its segment consists of LED and silicon vendor chips group, Displays and lighting group, and Packaging business group.

Taiwan Asia Semiconductor (TPE:2340) Headlines

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