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PCL Technologies (TPE:4977) E10 : NT$5.83 (As of Mar. 2024)


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What is PCL Technologies 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.

PCL Technologies's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$5.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PCL Technologies's average E10 Growth Rate was -1.40% 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.

As of today (2024-06-25), PCL Technologies's current stock price is NT$81.20. PCL Technologies's E10 for the quarter that ended in Mar. 2024 was NT$5.83. PCL Technologies's Shiller PE Ratio of today is 13.93.

During the past 13 years, the highest Shiller PE Ratio of PCL Technologies was 50.07. The lowest was 11.70. And the median was 15.27.


PCL Technologies E10 Historical Data

The historical data trend for PCL Technologies'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.

PCL Technologies E10 Chart

PCL Technologies 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 - - 1.64 5.67 5.81

PCL Technologies 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 5.91 5.99 5.95 5.81 5.83

Competitive Comparison of PCL Technologies's E10

For the Computer Hardware subindustry, PCL Technologies'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.


PCL Technologies's Shiller PE Ratio Distribution in the Hardware Industry

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

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



PCL Technologies 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, PCL Technologies'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)
=0.15/131.7762*131.7762
=0.150

Current CPI (Mar. 2024) = 131.7762.

PCL Technologies Quarterly Data

per share eps CPI Adj_EPS
201406 1.028 100.560 1.347
201409 1.071 100.428 1.405
201412 1.157 99.070 1.539
201503 1.157 99.621 1.530
201506 0.831 100.684 1.088
201509 1.081 100.392 1.419
201512 1.330 99.792 1.756
201603 1.275 100.470 1.672
201606 1.385 101.688 1.795
201609 1.074 101.861 1.389
201612 1.809 101.863 2.340
201703 1.470 102.862 1.883
201706 1.244 103.349 1.586
201709 0.009 104.136 0.011
201712 1.913 104.011 2.424
201803 1.545 105.290 1.934
201806 0.678 106.317 0.840
201809 1.299 106.507 1.607
201812 0.689 105.998 0.857
201903 0.797 107.251 0.979
201906 1.388 108.070 1.692
201909 0.994 108.329 1.209
201912 0.965 108.420 1.173
202003 0.561 108.902 0.679
202006 2.146 108.767 2.600
202009 2.953 109.815 3.544
202012 2.175 109.897 2.608
202103 0.699 111.754 0.824
202106 1.486 114.631 1.708
202109 0.758 115.734 0.863
202112 0.907 117.630 1.016
202203 0.620 121.301 0.674
202206 0.610 125.017 0.643
202209 1.990 125.227 2.094
202212 2.900 125.222 3.052
202303 2.500 127.348 2.587
202306 1.590 128.729 1.628
202309 0.400 129.860 0.406
202312 -0.250 129.419 -0.255
202403 0.150 131.776 0.150

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


PCL Technologies  (TPE:4977) 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.

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

Shiller PE Ratio=Share Price/E10
=81.20/5.83
=13.93

* 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 PCL Technologies was 50.07. The lowest was 11.70. And the median was 15.27.


Be Aware

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


PCL Technologies E10 Related Terms

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


PCL Technologies (TPE:4977) Business Description

Traded in Other Exchanges
N/A
Address
Harbour Place, 103 South Church Street, 4th Floor, P.O. Box 10240, Grand Cayman, CYM, KYI-1002
PCL Technologies Inc is engaged in the manufacture, research, and sale of optical components, electro-mechanical components, and modules serving data communications, telecom, cloud computing, and networking markets. The products are sold in Taiwan and internationally. It generates revenue from Singapore.

PCL Technologies (TPE:4977) Headlines

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