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Zhong Yang Technology Co (TPE:6668) E10 : NT$1.42 (As of Dec. 2024)


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What is Zhong Yang 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.

Zhong Yang Technology Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2024 was NT$-1.850. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.42 for the trailing ten years ended in Dec. 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 (2025-03-23), Zhong Yang Technology Co's current stock price is NT$ 49.70. Zhong Yang Technology Co's E10 for the fiscal year that ended in Dec. 2024 was NT$1.42. Zhong Yang Technology Co's Shiller PE Ratio of today is 35.00.

During the past 10 years, the highest Shiller PE Ratio of Zhong Yang Technology Co was 37.32. The lowest was 33.80. And the median was 35.77.


Zhong Yang Technology Co E10 Historical Data

The historical data trend for Zhong Yang 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.

Zhong Yang Technology Co E10 Chart

Zhong Yang Technology Co 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 - - - - 1.42

Zhong Yang Technology Co 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 - - - - 1.42

Competitive Comparison of Zhong Yang Technology Co's E10

For the Electronic Components subindustry, Zhong Yang 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.


Zhong Yang Technology Co's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Zhong Yang 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, Zhong Yang Technology Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-1.85/133.1571*133.1571
=-1.850

Current CPI (Dec. 2024) = 133.1571.

Zhong Yang Technology Co Annual Data

per_share_eps CPI Adj_EPS
201512 8.562 99.792 11.425
201612 3.550 101.863 4.641
201712 4.379 104.011 5.606
201812 2.243 105.998 2.818
201912 1.707 108.420 2.096
202012 1.780 109.897 2.157
202112 -4.020 117.630 -4.551
202212 -4.530 125.222 -4.817
202312 -3.240 129.419 -3.334
202412 -1.850 133.157 -1.850

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


Zhong Yang Technology Co  (TPE:6668) 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.

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

Shiller PE Ratio=Share Price/E10
=49.70/1.42
=35.00

* 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 10 years, the highest Shiller P/E Ratio of Zhong Yang Technology Co was 37.32. The lowest was 33.80. And the median was 35.77.


Be Aware

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


Zhong Yang Technology Co E10 Related Terms

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


Zhong Yang Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Gongyequ 22nd Road, Nantun District, Taichung, TWN, 40850
Zhong Yang Technology Co Ltd is a company engaged in the research and development, manufacturing, and sales of optical mold products. The company is also involved in the production of molds which are used to produce the lens for a cell phone, a car with the camera, and other kinds of optical modules. Its products have applications in various industries such as mobile phones, automobiles, and others.

Zhong Yang Technology Co Headlines

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