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Anji Technology Co (TPE:6477) E10 : NT$1.56 (As of Mar. 2024)


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What is Anji Technology 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.

Anji Technology Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$-0.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.56 for the trailing ten years ended in Mar. 2024.

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 (2024-06-20), Anji Technology Co's current stock price is NT$37.00. Anji Technology Co's E10 for the quarter that ended in Mar. 2024 was NT$1.56. Anji Technology Co's Shiller PE Ratio of today is 23.72.

During the past 12 years, the highest Shiller PE Ratio of Anji Technology Co was 27.42. The lowest was 22.25. And the median was 24.21.


Anji Technology Co E10 Historical Data

The historical data trend for Anji Technology 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.

Anji Technology Co E10 Chart

Anji Technology 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 - - - - 1.49

Anji Technology 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 - - 1.58 1.49 1.56

Competitive Comparison of Anji Technology Co's E10

For the Solar subindustry, Anji Technology 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.


Anji Technology Co's Shiller PE Ratio Distribution in the Semiconductors Industry

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

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



Anji Technology 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, Anji Technology 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)
=-0.3/131.7762*131.7762
=-0.300

Current CPI (Mar. 2024) = 131.7762.

Anji Technology Co Quarterly Data

per share eps CPI Adj_EPS
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201412 0.000 99.070 0.000
201503 0.219 99.621 0.290
201506 0.276 100.684 0.361
201509 0.464 100.392 0.609
201512 0.271 99.792 0.358
201603 0.058 100.470 0.076
201606 0.048 101.688 0.062
201609 -0.784 101.861 -1.014
201612 0.039 101.863 0.050
201703 -0.167 102.862 -0.214
201706 0.314 103.349 0.400
201709 0.510 104.136 0.645
201712 0.235 104.011 0.298
201803 0.382 105.290 0.478
201806 0.539 106.317 0.668
201809 0.775 106.507 0.959
201812 0.667 105.998 0.829
201903 0.598 107.251 0.735
201906 0.578 108.070 0.705
201909 0.471 108.329 0.573
201912 0.510 108.420 0.620
202003 0.167 108.902 0.202
202006 0.696 108.767 0.843
202009 1.226 109.815 1.471
202012 0.314 109.897 0.377
202103 0.088 111.754 0.104
202106 0.353 114.631 0.406
202109 0.392 115.734 0.446
202112 0.294 117.630 0.329
202203 0.176 121.301 0.191
202206 0.216 125.017 0.228
202209 0.770 125.227 0.810
202212 0.680 125.222 0.716
202303 0.420 127.348 0.435
202306 0.667 128.729 0.683
202309 0.380 129.860 0.386
202312 -0.420 129.419 -0.428
202403 -0.300 131.776 -0.300

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


Anji Technology Co  (TPE:6477) 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.

Anji Technology Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=37.00/1.56
=23.72

* 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 12 years, the highest Shiller P/E Ratio of Anji Technology Co was 27.42. The lowest was 22.25. And the median was 24.21.


Be Aware

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


Anji Technology Co E10 Related Terms

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


Anji Technology Co (TPE:6477) Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Keji 5th Road, Annan District, Tainan, TWN, 709
Anji Technology Co Ltd is a Taiwan-based company involved in the manufacturing of solar modules to generate electricity. The different types of solar modules provided by the company include High-performance single-crystal germanium modules, High-performance double-glass modules, Polycrystalline germanium modules, and Building integrated modules.

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