GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Apex Science & Engineering Corp (TPE:3052) » Definitions » E10

Apex Science & Engineering (TPE:3052) E10 : NT$0.77 (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Apex Science & Engineering 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.

Apex Science & Engineering'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$0.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Apex Science & Engineering's average E10 Growth Rate was -48.70% per year. During the past 3 years, the average E10 Growth Rate was -11.80% 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 Apex Science & Engineering was 8.60% per year. The lowest was -11.80% per year. And the median was -1.60% per year.

As of today (2024-05-23), Apex Science & Engineering's current stock price is NT$12.85. Apex Science & Engineering's E10 for the quarter that ended in Mar. 2024 was NT$0.77. Apex Science & Engineering's Shiller PE Ratio of today is 16.69.

During the past 13 years, the highest Shiller PE Ratio of Apex Science & Engineering was 98.04. The lowest was 6.86. And the median was 8.48.


Apex Science & Engineering E10 Historical Data

The historical data trend for Apex Science & Engineering'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.

Apex Science & Engineering E10 Chart

Apex Science & Engineering 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 1.14 1.21 1.24 1.46 0.83

Apex Science & Engineering 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 1.50 1.55 1.46 0.83 0.77

Competitive Comparison of Apex Science & Engineering's E10

For the Engineering & Construction subindustry, Apex Science & Engineering'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.


Apex Science & Engineering's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Apex Science & Engineering's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Apex Science & Engineering's Shiller PE Ratio falls into.



Apex Science & Engineering 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, Apex Science & Engineering'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.

Apex Science & Engineering Quarterly Data

per share eps CPI Adj_EPS
201406 -0.141 100.560 -0.185
201409 -0.186 100.428 -0.244
201412 0.461 99.070 0.613
201503 0.059 99.621 0.078
201506 0.235 100.684 0.308
201509 0.157 100.392 0.206
201512 0.235 99.792 0.310
201603 0.029 100.470 0.038
201606 0.029 101.688 0.038
201609 0.010 101.861 0.013
201612 0.157 101.863 0.203
201703 0.029 102.862 0.037
201706 0.010 103.349 0.013
201709 0.020 104.136 0.025
201712 0.912 104.011 1.155
201803 -0.049 105.290 -0.061
201806 -0.284 106.317 -0.352
201809 -0.157 106.507 -0.194
201812 -0.176 105.998 -0.219
201903 -0.078 107.251 -0.096
201906 -0.118 108.070 -0.144
201909 -0.069 108.329 -0.084
201912 1.118 108.420 1.359
202003 -0.069 108.902 -0.083
202006 0.824 108.767 0.998
202009 0.686 109.815 0.823
202012 0.118 109.897 0.141
202103 0.196 111.754 0.231
202106 0.157 114.631 0.180
202109 0.020 115.734 0.023
202112 0.137 117.630 0.153
202203 0.235 121.301 0.255
202206 0.216 125.017 0.228
202209 0.270 125.227 0.284
202212 0.310 125.222 0.326
202303 0.250 127.348 0.259
202306 0.284 128.729 0.291
202309 0.220 129.860 0.223
202312 0.270 129.419 0.275
202403 0.280 131.776 0.280

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


Apex Science & Engineering  (TPE:3052) 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.

Apex Science & Engineering's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.85/0.77
=16.69

* 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 Apex Science & Engineering was 98.04. The lowest was 6.86. And the median was 8.48.


Be Aware

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


Apex Science & Engineering E10 Related Terms

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


Apex Science & Engineering (TPE:3052) Business Description

Traded in Other Exchanges
N/A
Address
No. 112, Xinmin Street, 4th Floor, Zhonghe District, New Taipei, TWN, 235
Apex Science & Engineering Corp is engaged in projects in mechanical engineering, instrument engineering, environment engineering, related electrical products manufacturing and sales, entrusted construction of factories, residential and commercial building, as well as development of special zones, etc.

Apex Science & Engineering (TPE:3052) Headlines

No Headlines