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United Renewable Energy Co (TPE:3576) E10 : NT$-4.38 (As of Mar. 2024)


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What is United Renewable Energy 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.

United Renewable Energy Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$-0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-4.38 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 14.00% per year. During the past 5 years, the average E10 Growth Rate was 12.90% 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 United Renewable Energy Co was 18.80% per year. The lowest was 8.70% per year. And the median was 14.00% per year.

As of today (2024-05-21), United Renewable Energy Co's current stock price is NT$12.25. United Renewable Energy Co's E10 for the quarter that ended in Mar. 2024 was NT$-4.38. United Renewable Energy Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of United Renewable Energy Co was 57.50. The lowest was 0.00. And the median was 30.00.


United Renewable Energy Co E10 Historical Data

The historical data trend for United Renewable Energy 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.

United Renewable Energy Co E10 Chart

United Renewable Energy 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 -6.90 -6.55 -5.52 -3.69 -4.17

United Renewable Energy 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 -3.46 -3.67 -3.95 -4.17 -4.38

Competitive Comparison of United Renewable Energy Co's E10

For the Solar subindustry, United Renewable Energy 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.


United Renewable Energy Co's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, United Renewable Energy Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where United Renewable Energy Co's Shiller PE Ratio falls into.



United Renewable Energy 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, United Renewable Energy 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)
=-0.17/131.7762*131.7762
=-0.170

Current CPI (Mar. 2024) = 131.7762.

United Renewable Energy Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.823 100.560 1.078
201409 -0.394 100.428 -0.517
201412 -0.857 99.070 -1.140
201503 -0.957 99.621 -1.266
201506 -1.566 100.684 -2.050
201509 -0.731 100.392 -0.960
201512 0.278 99.792 0.367
201603 0.226 100.470 0.296
201606 -1.671 101.688 -2.165
201609 -3.167 101.861 -4.097
201612 -6.439 101.863 -8.330
201703 -2.193 102.862 -2.809
201706 -0.992 103.349 -1.265
201709 -2.906 104.136 -3.677
201712 -0.992 104.011 -1.257
201803 -1.149 105.290 -1.438
201806 -0.766 106.317 -0.949
201809 -1.462 106.507 -1.809
201812 0.970 105.998 1.206
201903 -0.454 107.251 -0.558
201906 -0.629 108.070 -0.767
201909 -0.786 108.329 -0.956
201912 -2.062 108.420 -2.506
202003 -0.454 108.902 -0.549
202006 -0.751 108.767 -0.910
202009 0.089 109.815 0.107
202012 -3.289 109.897 -3.944
202103 -0.350 111.754 -0.413
202106 -0.150 114.631 -0.172
202109 -0.060 115.734 -0.068
202112 -0.280 117.630 -0.314
202203 0.340 121.301 0.369
202206 0.100 125.017 0.105
202209 0.110 125.227 0.116
202212 0.020 125.222 0.021
202303 0.030 127.348 0.031
202306 -0.250 128.729 -0.256
202309 -0.840 129.860 -0.852
202312 -1.330 129.419 -1.354
202403 -0.170 131.776 -0.170

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


United Renewable Energy Co  (TPE:3576) 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.

During the past 13 years, the highest Shiller P/E Ratio of United Renewable Energy Co was 57.50. The lowest was 0.00. And the median was 30.00.


Be Aware

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


United Renewable Energy Co E10 Related Terms

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


United Renewable Energy Co (TPE:3576) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Lixing 3rd Road, Hsinchu Science Park, Hsinchu, TWN, 30078
United Renewable Energy Co Ltd manufactures solar cells and modules. The company's solar cell offerings provide specified reverse current, shunt resistance, minimum power loss rate, low breakage rates, and several other benefits. Its modules are built to meet various international certifications, in addition to many different conditions. Bifacial solar cell products are built to take advantage of both vertical and horizontal installations and can be utilized in adverse environments. The company produces other lines of solar cell products that can take advantage of more residential or commercial applications and deliver customized solutions.

United Renewable Energy Co (TPE:3576) Headlines

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