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Taishin Financial Holdings Co (TPE:2887) E10 : NT$1.09 (As of Mar. 2024)


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What is Taishin Financial Holdings 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.

Taishin Financial Holdings Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Taishin Financial Holdings Co's average E10 Growth Rate was -0.90% per year. During the past 3 years, the average E10 Growth Rate was 6.70% 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 Taishin Financial Holdings Co was 9.50% per year. The lowest was 6.70% per year. And the median was 8.10% per year.

As of today (2024-06-09), Taishin Financial Holdings Co's current stock price is NT$18.80. Taishin Financial Holdings Co's E10 for the quarter that ended in Mar. 2024 was NT$1.09. Taishin Financial Holdings Co's Shiller PE Ratio of today is 17.25.

During the past 13 years, the highest Shiller PE Ratio of Taishin Financial Holdings Co was 18.42. The lowest was 11.18. And the median was 14.82.


Taishin Financial Holdings Co E10 Historical Data

The historical data trend for Taishin Financial Holdings 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.

Taishin Financial Holdings Co E10 Chart

Taishin Financial Holdings 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 0.83 0.89 1.02 1.09 1.08

Taishin Financial Holdings 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 1.10 1.10 1.10 1.08 1.09

Competitive Comparison of Taishin Financial Holdings Co's E10

For the Banks - Regional subindustry, Taishin Financial Holdings 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.


Taishin Financial Holdings Co's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Taishin Financial Holdings Co's Shiller PE Ratio distribution charts can be found below:

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



Taishin Financial Holdings 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, Taishin Financial Holdings 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)
=0.36/131.7762*131.7762
=0.360

Current CPI (Mar. 2024) = 131.7762.

Taishin Financial Holdings Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.315 100.560 0.413
201409 0.287 100.428 0.377
201412 -0.961 99.070 -1.278
201503 0.337 99.621 0.446
201506 0.287 100.684 0.376
201509 0.238 100.392 0.312
201512 0.115 99.792 0.152
201603 0.308 100.470 0.404
201606 0.215 101.688 0.279
201609 0.241 101.861 0.312
201612 0.120 101.863 0.155
201703 0.233 102.862 0.298
201706 0.241 103.349 0.307
201709 0.260 104.136 0.329
201712 0.184 104.011 0.233
201803 0.276 105.290 0.345
201806 0.285 106.317 0.353
201809 0.248 106.507 0.307
201812 0.103 105.998 0.128
201903 0.316 107.251 0.388
201906 0.265 108.070 0.323
201909 0.262 108.329 0.319
201912 0.166 108.420 0.202
202003 0.166 108.902 0.201
202006 0.332 108.767 0.402
202009 0.338 109.815 0.406
202012 0.183 109.897 0.219
202103 0.320 111.754 0.377
202106 0.649 114.631 0.746
202109 0.355 115.734 0.404
202112 0.163 117.630 0.183
202203 0.134 121.301 0.146
202206 0.144 125.017 0.152
202209 0.260 125.227 0.274
202212 0.490 125.222 0.516
202303 0.370 127.348 0.383
202306 0.259 128.729 0.265
202309 0.220 129.860 0.223
202312 0.160 129.419 0.163
202403 0.360 131.776 0.360

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


Taishin Financial Holdings Co  (TPE:2887) 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.

Taishin Financial Holdings Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.80/1.09
=17.25

* 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 Taishin Financial Holdings Co was 18.42. The lowest was 11.18. And the median was 14.82.


Be Aware

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


Taishin Financial Holdings Co E10 Related Terms

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


Taishin Financial Holdings Co (TPE:2887) Business Description

Traded in Other Exchanges
Address
No. 118, Section 4, Ren-ai Road, 12, 13, 15, 16, 21, 22 and 23 Floor, Daan District, Taipei, TWN, 106
Taishin Financial Holdings Co Ltd is a Taiwanese holding company that provides comprehensive financial services. The company's main business activities are investing and managing its investments in financial institutions. The operation departments of the company are subsidiaries of the bank business, securities business, insurance business and other businesses, respectively.

Taishin Financial Holdings Co (TPE:2887) Headlines

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