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Meiloon Industrial Co (TPE:2477) E10 : NT$2.71 (As of Sep. 2024)


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What is Meiloon Industrial 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.

Meiloon Industrial Co's adjusted earnings per share data for the three months ended in Sep. 2024 was NT$0.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.71 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Meiloon Industrial Co's average E10 Growth Rate was 13.40% per year. During the past 3 years, the average E10 Growth Rate was 16.70% 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 Meiloon Industrial Co was 25.70% per year. The lowest was 16.70% per year. And the median was 21.20% per year.

As of today (2025-03-26), Meiloon Industrial Co's current stock price is NT$27.05. Meiloon Industrial Co's E10 for the quarter that ended in Sep. 2024 was NT$2.71. Meiloon Industrial Co's Shiller PE Ratio of today is 9.98.

During the past 13 years, the highest Shiller PE Ratio of Meiloon Industrial Co was 29.64. The lowest was 2.09. And the median was 10.41.


Meiloon Industrial Co E10 Historical Data

The historical data trend for Meiloon Industrial 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.

Meiloon Industrial Co E10 Chart

Meiloon Industrial 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 1.52 1.51 2.89 3.02 2.40

Meiloon Industrial Co 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 2.39 2.40 2.46 2.56 2.71

Competitive Comparison of Meiloon Industrial Co's E10

For the Consumer Electronics subindustry, Meiloon Industrial 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.


Meiloon Industrial Co's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Meiloon Industrial 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, Meiloon Industrial Co'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)
=0.73/133.0289*133.0289
=0.730

Current CPI (Sep. 2024) = 133.0289.

Meiloon Industrial Co Quarterly Data

per share eps CPI Adj_EPS
201412 -0.163 99.070 -0.219
201503 0.175 99.621 0.234
201506 0.063 100.684 0.083
201509 0.788 100.392 1.044
201512 0.488 99.792 0.651
201603 0.350 100.470 0.463
201606 0.363 101.688 0.475
201609 0.463 101.861 0.605
201612 0.675 101.863 0.882
201703 0.463 102.862 0.599
201706 0.450 103.349 0.579
201709 0.550 104.136 0.703
201712 0.550 104.011 0.703
201803 0.125 105.290 0.158
201806 0.088 106.317 0.110
201809 0.563 106.507 0.703
201812 0.300 105.998 0.377
201903 0.413 107.251 0.512
201906 0.675 108.070 0.831
201909 0.625 108.329 0.768
201912 0.925 108.420 1.135
202003 -0.038 108.902 -0.046
202006 0.538 108.767 0.658
202009 0.325 109.815 0.394
202012 0.325 109.897 0.393
202103 9.113 111.754 10.848
202106 0.638 114.631 0.740
202109 0.400 115.734 0.460
202112 0.121 117.630 0.137
202203 -0.040 121.301 -0.044
202206 -0.090 125.017 -0.096
202209 0.680 125.227 0.722
202212 -0.050 125.222 -0.053
202303 -0.320 127.348 -0.334
202306 0.080 128.729 0.083
202309 0.320 129.860 0.328
202312 0.160 129.419 0.164
202403 0.070 131.776 0.071
202406 0.570 132.554 0.572
202409 0.730 133.029 0.730

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


Meiloon Industrial Co  (TPE:2477) 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.

Meiloon Industrial Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=27.05/2.71
=9.98

* 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 Meiloon Industrial Co was 29.64. The lowest was 2.09. And the median was 10.41.


Be Aware

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


Meiloon Industrial Co E10 Related Terms

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


Meiloon Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No 99, XingFu Road, Taoyuan District, Taoyuan, TWN, 33051
Meiloon Industrial Co Ltd designs and manufactures all types of visual and audio products. Its product line includes hi-fi home theater systems; car speakers and amplifiers; professional audio speakers; projectors and many others.

Meiloon Industrial Co Headlines

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