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Primax Electronics (TPE:4915) E10 : NT$5.68 (As of Dec. 2024)


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What is Primax Electronics 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.

Primax Electronics's adjusted earnings per share data for the three months ended in Dec. 2024 was NT$1.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$5.68 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Primax Electronics's average E10 Growth Rate was 4.40% per year. During the past 3 years, the average E10 Growth Rate was 8.90% 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 Primax Electronics was 11.50% per year. The lowest was 8.90% per year. And the median was 10.20% per year.

As of today (2025-03-13), Primax Electronics's current stock price is NT$85.30. Primax Electronics's E10 for the quarter that ended in Dec. 2024 was NT$5.68. Primax Electronics's Shiller PE Ratio of today is 15.02.

During the past 13 years, the highest Shiller PE Ratio of Primax Electronics was 19.78. The lowest was 8.73. And the median was 12.64.


Primax Electronics E10 Historical Data

The historical data trend for Primax Electronics'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.

Primax Electronics E10 Chart

Primax Electronics 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 3.92 4.40 4.92 5.44 5.68

Primax Electronics 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 5.44 5.56 5.63 5.67 5.68

Competitive Comparison of Primax Electronics's E10

For the Computer Hardware subindustry, Primax Electronics'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.


Primax Electronics's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Primax Electronics 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, Primax Electronics'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)
=1.02/133.1571*133.1571
=1.020

Current CPI (Dec. 2024) = 133.1571.

Primax Electronics Quarterly Data

per share eps CPI Adj_EPS
201503 0.840 99.621 1.123
201506 0.900 100.684 1.190
201509 1.140 100.392 1.512
201512 1.140 99.792 1.521
201603 0.910 100.470 1.206
201606 1.010 101.688 1.323
201609 1.270 101.861 1.660
201612 1.180 101.863 1.543
201703 0.940 102.862 1.217
201706 1.040 103.349 1.340
201709 1.390 104.136 1.777
201712 1.260 104.011 1.613
201803 0.790 105.290 0.999
201806 0.760 106.317 0.952
201809 1.490 106.507 1.863
201812 1.050 105.998 1.319
201903 0.800 107.251 0.993
201906 0.930 108.070 1.146
201909 1.710 108.329 2.102
201912 1.340 108.420 1.646
202003 0.610 108.902 0.746
202006 1.130 108.767 1.383
202009 1.730 109.815 2.098
202012 0.810 109.897 0.981
202103 1.120 111.754 1.334
202106 1.360 114.631 1.580
202109 1.490 115.734 1.714
202112 1.130 117.630 1.279
202203 1.220 121.301 1.339
202206 1.570 125.017 1.672
202209 1.930 125.227 2.052
202212 1.300 125.222 1.382
202303 1.220 127.348 1.276
202306 1.540 128.729 1.593
202309 1.610 129.860 1.651
202312 1.070 129.419 1.101
202403 1.260 131.776 1.273
202406 1.580 132.554 1.587
202409 1.670 133.029 1.672
202412 1.020 133.157 1.020

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


Primax Electronics  (TPE:4915) 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.

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

Shiller PE Ratio=Share Price/E10
=85.30/5.68
=15.02

* 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 Primax Electronics was 19.78. The lowest was 8.73. And the median was 12.64.


Be Aware

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


Primax Electronics E10 Related Terms

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


Primax Electronics Business Description

Traded in Other Exchanges
N/A
Address
No. 669, Ruey Kuang Road, Neihu District, Taipei, TWN, 11492
Primax Electronics Ltd is a manufacturer of components for mobile devices, personal computer peripherals, business equipment, and the digital home, that operates in two business segments; The division for computer peripherals specializes in the manufacture and sale of computer mice, keyboards, trackpads, etc. The division for non-computer peripherals specializes in the manufacture and sale of digital camera modules, mobile phone accessories, multi-function printers, scanners, shredders, amplifiers, speakers and audio systems, etc. The company derives the majority of its revenue from the non-computer peripherals segment.

Primax Electronics Headlines

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