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MJ International Co (TPE:8466) E10 : NT$5.85 (As of Mar. 2024)


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What is MJ International 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.

MJ International Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was NT$-0.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$5.85 for the trailing ten years ended in Dec. 2023.

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 (2024-06-21), MJ International Co's current stock price is NT$ 63.30. MJ International Co's E10 for the fiscal year that ended in Dec. 2023 was NT$5.85. MJ International Co's Shiller PE Ratio of today is 10.82.

During the past 11 years, the highest Shiller PE Ratio of MJ International Co was 11.11. The lowest was 6.01. And the median was 7.83.


MJ International Co E10 Historical Data

The historical data trend for MJ International 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.

MJ International Co E10 Chart

MJ International 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 - - - 6.72 5.85

MJ International 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 - - - 5.85 -

Competitive Comparison of MJ International Co's E10

For the Building Products & Equipment subindustry, MJ International 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.


MJ International Co's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, MJ International Co's Shiller PE Ratio distribution charts can be found below:

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



MJ International 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, MJ International Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.98/129.4194*129.4194
=-0.980

Current CPI (Dec. 2023) = 129.4194.

MJ International Co Annual Data

per_share_eps CPI Adj_EPS
201412 5.730 99.070 7.485
201512 7.390 99.792 9.584
201612 9.480 101.863 12.045
201712 7.460 104.011 9.282
201812 4.670 105.998 5.702
201912 6.060 108.420 7.234
202012 4.180 109.897 4.923
202112 1.020 117.630 1.122
202212 2.020 125.222 2.088
202312 -0.980 129.419 -0.980

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


MJ International Co  (TPE:8466) 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.

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

Shiller PE Ratio=Share Price/E10
=63.30/5.85
=10.82

* 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 11 years, the highest Shiller P/E Ratio of MJ International Co was 11.11. The lowest was 6.01. And the median was 7.83.


Be Aware

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


MJ International Co E10 Related Terms

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


MJ International Co (TPE:8466) Business Description

Traded in Other Exchanges
N/A
Address
No.126, Danuan Road, Tucheng District, Taipei, TWN, 236
MJ International Co Ltd is engaged in the production and sale of LVT and SPC floors. It operates in two principal geographical areas, Mainland China and Taiwan. The company is also one of the main original equipment manufacturers for tile brands. Some of the company's products are Rigid Core, LVT Click, Non-PVC, and many more.

MJ International Co (TPE:8466) Headlines

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