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Tsann Kuen Enterprise Co (TPE:2430) E10 : NT$3.25 (As of Dec. 2023)


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What is Tsann Kuen Enterprise 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.

Tsann Kuen Enterprise Co's adjusted earnings per share data for the three months ended in Dec. 2023 was NT$0.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$3.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Tsann Kuen Enterprise Co's average E10 Growth Rate was -6.60% per year. During the past 3 years, the average E10 Growth Rate was -6.50% 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 Tsann Kuen Enterprise Co was -6.50% per year. The lowest was -11.30% per year. And the median was -8.90% per year.

As of today (2024-05-01), Tsann Kuen Enterprise Co's current stock price is NT$36.95. Tsann Kuen Enterprise Co's E10 for the quarter that ended in Dec. 2023 was NT$3.25. Tsann Kuen Enterprise Co's Shiller PE Ratio of today is 11.37.

During the past 13 years, the highest Shiller PE Ratio of Tsann Kuen Enterprise Co was 18.46. The lowest was 3.65. And the median was 11.88.


Tsann Kuen Enterprise Co E10 Historical Data

The historical data trend for Tsann Kuen Enterprise 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.

Tsann Kuen Enterprise Co E10 Chart

Tsann Kuen Enterprise 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 4.98 3.98 3.63 3.48 3.25

Tsann Kuen Enterprise Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.48 3.40 3.41 3.30 3.25

Competitive Comparison of Tsann Kuen Enterprise Co's E10

For the Specialty Retail subindustry, Tsann Kuen Enterprise 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.


Tsann Kuen Enterprise Co's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tsann Kuen Enterprise Co's Shiller PE Ratio distribution charts can be found below:

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



Tsann Kuen Enterprise 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, Tsann Kuen Enterprise Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.63/129.4194*129.4194
=0.630

Current CPI (Dec. 2023) = 129.4194.

Tsann Kuen Enterprise Co Quarterly Data

per share eps CPI Adj_EPS
201403 1.497 99.695 1.943
201406 0.442 100.560 0.569
201409 0.798 100.428 1.028
201412 -1.796 99.070 -2.346
201503 0.770 99.621 1.000
201506 0.271 100.684 0.348
201509 1.311 100.392 1.690
201512 0.214 99.792 0.278
201603 1.440 100.470 1.855
201606 1.083 101.688 1.378
201609 0.912 101.861 1.159
201612 0.656 101.863 0.833
201703 0.727 102.862 0.915
201706 0.285 103.349 0.357
201709 0.798 104.136 0.992
201712 0.513 104.011 0.638
201803 1.268 105.290 1.559
201806 0.171 106.317 0.208
201809 0.456 106.507 0.554
201812 0.014 105.998 0.017
201903 0.670 107.251 0.808
201906 0.143 108.070 0.171
201909 0.570 108.329 0.681
201912 0.428 108.420 0.511
202003 0.812 108.902 0.965
202006 0.257 108.767 0.306
202009 0.713 109.815 0.840
202012 0.855 109.897 1.007
202103 1.425 111.754 1.650
202106 1.454 114.631 1.642
202109 0.720 115.734 0.805
202112 1.170 117.630 1.287
202203 1.020 121.301 1.088
202206 1.150 125.017 1.190
202209 1.040 125.227 1.075
202212 1.050 125.222 1.085
202303 0.900 127.348 0.915
202306 0.420 128.729 0.422
202309 0.420 129.860 0.419
202312 0.630 129.419 0.630

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


Tsann Kuen Enterprise Co  (TPE:2430) 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.

Tsann Kuen Enterprise Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=36.95/3.25
=11.37

* 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 Tsann Kuen Enterprise Co was 18.46. The lowest was 3.65. And the median was 11.88.


Be Aware

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


Tsann Kuen Enterprise Co E10 Related Terms

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


Tsann Kuen Enterprise Co (TPE:2430) Business Description

Traded in Other Exchanges
N/A
Address
No.331, Sec.1, Tiding Boulevard, 3rd floor, Nei Hu District, Taipei, TWN
Tsann Kuen Enterprise Co Ltd is a Taiwan-based company. The company is engaged in the trading of various consumer electronics products. The company sells products related to consumer electronics, the company offers a customer loyalty program for retail customers and the company provides services related to the installation, warranty and repair of home appliances.

Tsann Kuen Enterprise Co (TPE:2430) Headlines

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