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Chia Chang Co (TPE:4942) E10 : NT$3.65 (As of Dec. 2023)


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What is Chia Chang 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.

Chia Chang Co's adjusted earnings per share data for the three months ended in Dec. 2023 was NT$0.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$3.65 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Chia Chang Co's average E10 Growth Rate was 3.40% per year. During the past 3 years, the average E10 Growth Rate was 5.90% 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 Chia Chang Co was 5.90% per year. The lowest was 2.90% per year. And the median was 4.40% per year.

As of today (2024-04-24), Chia Chang Co's current stock price is NT$45.90. Chia Chang Co's E10 for the quarter that ended in Dec. 2023 was NT$3.65. Chia Chang Co's Shiller PE Ratio of today is 12.58.

During the past 13 years, the highest Shiller PE Ratio of Chia Chang Co was 16.44. The lowest was 8.33. And the median was 11.83.


Chia Chang Co E10 Historical Data

The historical data trend for Chia Chang 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.

Chia Chang Co E10 Chart

Chia Chang 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 3.24 3.07 3.38 3.53 3.65

Chia Chang Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.53 3.57 3.72 3.75 3.65

Competitive Comparison of Chia Chang Co's E10

For the Electronic Components subindustry, Chia Chang 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.


Chia Chang Co's Shiller PE Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Chia Chang Co's Shiller PE Ratio falls into.



Chia Chang 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, Chia Chang Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.65/129.4194*129.4194
=0.650

Current CPI (Dec. 2023) = 129.4194.

Chia Chang Co Quarterly Data

per share eps CPI Adj_EPS
201403 1.030 99.695 1.337
201406 0.260 100.560 0.335
201409 0.740 100.428 0.954
201412 0.540 99.070 0.705
201503 -0.260 99.621 -0.338
201506 -0.250 100.684 -0.321
201509 -2.270 100.392 -2.926
201512 -0.700 99.792 -0.908
201603 0.590 100.470 0.760
201606 0.840 101.688 1.069
201609 0.600 101.861 0.762
201612 0.220 101.863 0.280
201703 0.350 102.862 0.440
201706 0.650 103.349 0.814
201709 0.140 104.136 0.174
201712 0.600 104.011 0.747
201803 0.250 105.290 0.307
201806 1.490 106.317 1.814
201809 1.740 106.507 2.114
201812 1.010 105.998 1.233
201903 1.120 107.251 1.352
201906 0.890 108.070 1.066
201909 1.390 108.329 1.661
201912 1.140 108.420 1.361
202003 0.680 108.902 0.808
202006 1.570 108.767 1.868
202009 1.000 109.815 1.179
202012 1.490 109.897 1.755
202103 1.500 111.754 1.737
202106 2.040 114.631 2.303
202109 1.410 115.734 1.577
202112 1.390 117.630 1.529
202203 1.050 121.301 1.120
202206 1.670 125.017 1.729
202209 1.520 125.227 1.571
202212 0.240 125.222 0.248
202303 0.850 127.348 0.864
202306 1.410 128.729 1.418
202309 1.380 129.860 1.375
202312 0.650 129.419 0.650

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


Chia Chang Co  (TPE:4942) 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.

Chia Chang Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=45.90/3.65
=12.58

* 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 Chia Chang Co was 16.44. The lowest was 8.33. And the median was 11.83.


Be Aware

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


Chia Chang Co E10 Related Terms

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


Chia Chang Co (TPE:4942) Business Description

Traded in Other Exchanges
N/A
Address
No. 45, Lane 205, Nanshan Road, Section 2, Luchu Township, Taoyuan, TWN, 338
Chia Chang Co Ltd is a Taiwan-based company that engages mainly in the manufacturing, processing, and trading of various precision machinery, related mechanical mold components, mechanical steel mold accessories, and computer peripheral equipment. Its reportable segments are Stamping Department and Others, and the majority of revenue is derived from Stamping Business.

Chia Chang Co (TPE:4942) Headlines

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