GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Avision Inc (TPE:2380) » Definitions » E10

Avision (TPE:2380) E10 : NT$-2.10 (As of Sep. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Avision 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.

Avision's adjusted earnings per share data for the three months ended in Sep. 2024 was NT$-1.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-2.10 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was -3.80% 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 Avision was -3.80% per year. The lowest was -9.60% per year. And the median was -6.70% per year.

As of today (2024-12-12), Avision's current stock price is NT$4.81. Avision's E10 for the quarter that ended in Sep. 2024 was NT$-2.10. Avision's Shiller PE Ratio of today is .

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


Avision E10 Historical Data

The historical data trend for Avision'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.

Avision E10 Chart

Avision 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 -1.46 -1.78 -2.01 -1.92 -1.99

Avision 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 -2.02 -1.99 -2.01 -2.00 -2.10

Competitive Comparison of Avision's E10

For the Computer Hardware subindustry, Avision'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.


Avision's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Avision 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, Avision'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)
=-1.16/133.0289*133.0289
=-1.160

Current CPI (Sep. 2024) = 133.0289.

Avision Quarterly Data

per share eps CPI Adj_EPS
201412 0.113 99.070 0.152
201503 -0.327 99.621 -0.437
201506 -0.315 100.684 -0.416
201509 -0.101 100.392 -0.134
201512 -0.541 99.792 -0.721
201603 -0.629 100.470 -0.833
201606 -0.340 101.688 -0.445
201609 -0.428 101.861 -0.559
201612 -0.428 101.863 -0.559
201703 -0.793 102.862 -1.026
201706 -0.667 103.349 -0.859
201709 -0.893 104.136 -1.141
201712 -1.497 104.011 -1.915
201803 -0.717 105.290 -0.906
201806 -0.893 106.317 -1.117
201809 -0.550 106.507 -0.687
201812 -0.618 105.998 -0.776
201903 -0.736 107.251 -0.913
201906 -0.648 108.070 -0.798
201909 -0.599 108.329 -0.736
201912 0.785 108.420 0.963
202003 -1.119 108.902 -1.367
202006 -0.717 108.767 -0.877
202009 -0.461 109.815 -0.558
202012 -0.049 109.897 -0.059
202103 -0.344 111.754 -0.409
202106 0.196 114.631 0.227
202109 -0.285 115.734 -0.328
202112 -0.258 117.630 -0.292
202203 -0.220 121.301 -0.241
202206 0.050 125.017 0.053
202209 0.280 125.227 0.297
202212 -0.280 125.222 -0.297
202303 -0.450 127.348 -0.470
202306 -0.210 128.729 -0.217
202309 -1.250 129.860 -1.281
202312 0.040 129.419 0.041
202403 0.030 131.776 0.030
202406 -0.270 132.554 -0.271
202409 -1.160 133.029 -1.160

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


Avision  (TPE:2380) 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 Avision 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.


Avision E10 Related Terms

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


Avision Business Description

Traded in Other Exchanges
N/A
Address
No.20, Creation Road 1, Science-Based Industrial Park, Hsinchu, TWN, 300
Avision Inc is a Taiwan-based company engaged in the development and manufacturing of image input and output computer peripherals. Its product portfolio comprises document scanners, flatbed scanners, multifunction peripherals, network scanners, and portable scanners. The company generates the majority of its revenue from China followed by Germany, USA, and others.

Avision Headlines

No Headlines