/term/e10/TPE:8422 Cleanaway Co (TPE:8422) E10
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Cleanaway Co (TPE:8422) E10 : NT$13.37 (As of Mar. 2024)


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What is Cleanaway 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.

Cleanaway Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$2.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$13.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cleanaway Co's average E10 Growth Rate was -2.20% per year. During the past 3 years, the average E10 Growth Rate was 1.90% 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 Cleanaway Co was 3.20% per year. The lowest was 1.90% per year. And the median was 2.55% per year.

As of today (2024-06-20), Cleanaway Co's current stock price is NT$193.50. Cleanaway Co's E10 for the quarter that ended in Mar. 2024 was NT$13.37. Cleanaway Co's Shiller PE Ratio of today is 14.47.

During the past 13 years, the highest Shiller PE Ratio of Cleanaway Co was 19.34. The lowest was 10.99. And the median was 13.38.


Cleanaway Co E10 Historical Data

The historical data trend for Cleanaway 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.

Cleanaway Co E10 Chart

Cleanaway 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 12.28 12.54 12.90 13.49 13.26

Cleanaway 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 13.67 13.76 13.53 13.26 13.37

Competitive Comparison of Cleanaway Co's E10

For the Waste Management subindustry, Cleanaway 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.


Cleanaway Co's Shiller PE Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Cleanaway Co's Shiller PE Ratio distribution charts can be found below:

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



Cleanaway 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, Cleanaway 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)
=2.05/131.7762*131.7762
=2.050

Current CPI (Mar. 2024) = 131.7762.

Cleanaway Co Quarterly Data

per share eps CPI Adj_EPS
201406 2.140 100.560 2.804
201409 2.130 100.428 2.795
201412 2.590 99.070 3.445
201503 2.730 99.621 3.611
201506 2.580 100.684 3.377
201509 2.980 100.392 3.912
201512 3.000 99.792 3.962
201603 3.550 100.470 4.656
201606 3.400 101.688 4.406
201609 3.430 101.861 4.437
201612 2.840 101.863 3.674
201703 3.090 102.862 3.959
201706 3.170 103.349 4.042
201709 2.970 104.136 3.758
201712 3.260 104.011 4.130
201803 3.700 105.290 4.631
201806 3.090 106.317 3.830
201809 2.700 106.507 3.341
201812 2.610 105.998 3.245
201903 2.740 107.251 3.367
201906 2.760 108.070 3.365
201909 2.240 108.329 2.725
201912 3.070 108.420 3.731
202003 2.530 108.902 3.061
202006 2.290 108.767 2.774
202009 3.000 109.815 3.600
202012 2.960 109.897 3.549
202103 3.420 111.754 4.033
202106 2.420 114.631 2.782
202109 2.580 115.734 2.938
202112 2.150 117.630 2.409
202203 2.410 121.301 2.618
202206 3.290 125.017 3.468
202209 3.090 125.227 3.252
202212 3.360 125.222 3.536
202303 2.590 127.348 2.680
202306 2.540 128.729 2.600
202309 1.270 129.860 1.289
202312 1.850 129.419 1.884
202403 2.050 131.776 2.050

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


Cleanaway Co  (TPE:8422) 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.

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

Shiller PE Ratio=Share Price/E10
=193.50/13.37
=14.47

* 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 Cleanaway Co was 19.34. The lowest was 10.99. And the median was 13.38.


Be Aware

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


Cleanaway Co E10 Related Terms

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


Cleanaway Co (TPE:8422) Business Description

Traded in Other Exchanges
N/A
Address
No. 308, Zhongshan South Road, 1st Floor, Houhong Village, Gangshan District, Kaohsiung, TWN, 820
Cleanaway Co Ltd offers one-stop-shop services for treating forms of waste. It treats various industrial and hazardous waste materials and owns private landfills for final disposal in Taiwan. The company provides systems for daily activities and solutions for cleaning up contaminated sites. Cleaning an entire location can require on-site sampling and experimental studies to return the location to its natural form. Cleanway provides technologies, contracts, clearance, and transportation to the designated landfill, and it enforces strict compliance with all regulations. Part of the process focuses on quality control and random testing to prevent non-treated or unapproved wastes from entering the company's landfills.

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