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Altek (TPE:3059) E10 : NT$0.85 (As of Dec. 2024)


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What is Altek 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.

Altek's adjusted earnings per share data for the three months ended in Dec. 2024 was NT$0.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.85 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Altek's average E10 Growth Rate was -100.00% 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 Altek was 25.50% per year. The lowest was -17.90% per year. And the median was 3.80% per year.

As of today (2025-03-25), Altek's current stock price is NT$42.95. Altek's E10 for the quarter that ended in Dec. 2024 was NT$0.85. Altek's Shiller PE Ratio of today is 50.53.

During the past 13 years, the highest Shiller PE Ratio of Altek was 295.19. The lowest was 18.58. And the median was 60.29.


Altek E10 Historical Data

The historical data trend for Altek'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.

Altek E10 Chart

Altek Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.45 0.51 0.82 0.85

Altek Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.82 0.83 0.82 0.84 0.85

Competitive Comparison of Altek's E10

For the Scientific & Technical Instruments subindustry, Altek'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.


Altek's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Altek 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, Altek's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.31/133.1571*133.1571
=0.310

Current CPI (Dec. 2024) = 133.1571.

Altek Quarterly Data

per share eps CPI Adj_EPS
201503 0.010 99.621 0.013
201506 0.148 100.684 0.196
201509 0.721 100.392 0.956
201512 0.128 99.792 0.171
201603 -0.178 100.470 -0.236
201606 0.010 101.688 0.013
201609 0.049 101.861 0.064
201612 0.326 101.863 0.426
201703 0.119 102.862 0.154
201706 -0.059 103.349 -0.076
201709 -0.040 104.136 -0.051
201712 0.030 104.011 0.038
201803 -0.099 105.290 -0.125
201806 0.207 106.317 0.259
201809 0.286 106.507 0.358
201812 0.079 105.998 0.099
201903 0.099 107.251 0.123
201906 0.069 108.070 0.085
201909 0.138 108.329 0.170
201912 0.010 108.420 0.012
202003 0.109 108.902 0.133
202006 0.188 108.767 0.230
202009 0.158 109.815 0.192
202012 0.128 109.897 0.155
202103 0.119 111.754 0.142
202106 0.227 114.631 0.264
202109 0.346 115.734 0.398
202112 0.138 117.630 0.156
202203 0.445 121.301 0.488
202206 0.336 125.017 0.358
202209 0.445 125.227 0.473
202212 0.405 125.222 0.431
202303 0.237 127.348 0.248
202306 0.326 128.729 0.337
202309 0.375 129.860 0.385
202312 0.322 129.419 0.331
202403 0.267 131.776 0.270
202406 0.277 132.554 0.278
202409 0.277 133.029 0.277
202412 0.310 133.157 0.310

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


Altek  (TPE:3059) 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.

Altek's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=42.95/0.85
=50.53

* 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 Altek was 295.19. The lowest was 18.58. And the median was 60.29.


Be Aware

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


Altek E10 Related Terms

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


Altek Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Li-Hsin Road, Science Park, Hsinchu, TWN, 300
Altek Corp is a digital image product supplier. The company, along with its subsidiaries, are engaged in the development, manufacturing, and sale of automobile cameras, medical and digital image technology application products, and related export and import trade. The company generates the majority of its revenue from the Asia region followed by America and so on.

Altek Headlines

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