GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tatung Co Ltd (TPE:2371) » Definitions » E10

Tatung Co (TPE:2371) E10 : NT$-0.07 (As of Mar. 2024)


View and export this data going back to 1962. Start your Free Trial

What is Tatung 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.

Tatung Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-0.07 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 58.70% per year. During the past 5 years, the average E10 Growth Rate was 55.40% 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 Tatung Co was 58.70% per year. The lowest was 45.20% per year. And the median was 47.50% per year.

As of today (2024-06-06), Tatung Co's current stock price is NT$53.60. Tatung Co's E10 for the quarter that ended in Mar. 2024 was NT$-0.07. Tatung Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Tatung Co was 0.88. The lowest was 0.00. And the median was 0.88.


Tatung Co E10 Historical Data

The historical data trend for Tatung 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.

Tatung Co E10 Chart

Tatung 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 -1.58 -0.85 -0.83 -0.26 -0.06

Tatung 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 -0.20 -0.14 -0.11 -0.06 -0.07

Competitive Comparison of Tatung Co's E10

For the Conglomerates subindustry, Tatung 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.


Tatung Co's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tatung Co's Shiller PE Ratio distribution charts can be found below:

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



Tatung 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, Tatung 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)
=0.28/131.7762*131.7762
=0.280

Current CPI (Mar. 2024) = 131.7762.

Tatung Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.190 100.560 0.249
201409 0.050 100.428 0.066
201412 -0.380 99.070 -0.505
201503 -0.210 99.621 -0.278
201506 -0.250 100.684 -0.327
201509 -0.450 100.392 -0.591
201512 -0.440 99.792 -0.581
201603 -0.350 100.470 -0.459
201606 -0.310 101.688 -0.402
201609 -0.190 101.861 -0.246
201612 -0.180 101.863 -0.233
201703 0.040 102.862 0.051
201706 0.240 103.349 0.306
201709 -0.060 104.136 -0.076
201712 -0.160 104.011 -0.203
201803 -0.330 105.290 -0.413
201806 -0.590 106.317 -0.731
201809 -0.880 106.507 -1.089
201812 -2.950 105.998 -3.667
201903 1.340 107.251 1.646
201906 -1.940 108.070 -2.366
201909 1.030 108.329 1.253
201912 0.800 108.420 0.972
202003 0.150 108.902 0.182
202006 -0.080 108.767 -0.097
202009 -0.070 109.815 -0.084
202012 -0.460 109.897 -0.552
202103 -0.130 111.754 -0.153
202106 0.350 114.631 0.402
202109 0.320 115.734 0.364
202112 1.030 117.630 1.154
202203 0.220 121.301 0.239
202206 0.190 125.017 0.200
202209 3.470 125.227 3.651
202212 0.130 125.222 0.137
202303 0.200 127.348 0.207
202306 0.250 128.729 0.256
202309 0.230 129.860 0.233
202312 0.450 129.419 0.458
202403 0.280 131.776 0.280

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


Tatung Co  (TPE:2371) 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.

During the past 13 years, the highest Shiller P/E Ratio of Tatung Co was 0.88. The lowest was 0.00. And the median was 0.88.


Be Aware

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


Tatung Co E10 Related Terms

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


Tatung Co (TPE:2371) Business Description

Traded in Other Exchanges
N/A
Address
No. 22, Section 3, Zhongshan North Road, Taipei, TWN, 104427
Tatung Co Ltd is a Taiwan-based conglomerate that primarily operates through the following business groups. The Optoelectronics business group manufactures TFD - LCD, small and medium-sized panels. The consumer business group produces digital entertainment products, Internet of Things products, air conditioners, home appliances, LED TVs, and other products. The Machinery and system business group is engaged in areas such as the Internet of Things and smart grid, new energy systems, motors, machinery and energy systems.; and the Real estate segments. The company generates most of its revenue from Taiwan, China, and Asia.

Tatung Co (TPE:2371) Headlines

No Headlines