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Associated Industries China (TPE:9912) E10 : NT$-0.58 (As of Sep. 2024)


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What is Associated Industries China 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.

Associated Industries China's adjusted earnings per share data for the three months ended in Sep. 2024 was NT$-0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-0.58 for the trailing ten years ended in Sep. 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 (2024-12-14), Associated Industries China's current stock price is NT$12.35. Associated Industries China's E10 for the quarter that ended in Sep. 2024 was NT$-0.58. Associated Industries China's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Associated Industries China was 18.60. The lowest was 8.67. And the median was 12.77.


Associated Industries China E10 Historical Data

The historical data trend for Associated Industries China'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.

Associated Industries China E10 Chart

Associated Industries China 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 0.64 0.65 0.72 -0.50 -0.53

Associated Industries China Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.47 -0.53 -0.58 -0.60 -0.58

Competitive Comparison of Associated Industries China's E10

For the Electronic Components subindustry, Associated Industries China'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.


Associated Industries China's Shiller PE Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Associated Industries China's Shiller PE Ratio falls into.



Associated Industries China 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, Associated Industries China's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.19/133.0289*133.0289
=-0.190

Current CPI (Sep. 2024) = 133.0289.

Associated Industries China Quarterly Data

per share eps CPI Adj_EPS
201412 0.225 99.070 0.302
201503 -0.470 99.621 -0.628
201506 -0.260 100.684 -0.344
201509 -0.200 100.392 -0.265
201512 -0.160 99.792 -0.213
201603 -0.170 100.470 -0.225
201606 0.003 101.688 0.004
201609 0.001 101.861 0.001
201612 0.000 101.863 0.000
201703 0.020 102.862 0.026
201706 0.004 103.349 0.005
201709 0.010 104.136 0.013
201712 0.130 104.011 0.166
201803 0.050 105.290 0.063
201806 -0.005 106.317 -0.006
201809 0.120 106.507 0.150
201812 0.060 105.998 0.075
201903 -0.320 107.251 -0.397
201906 -0.220 108.070 -0.271
201909 -0.190 108.329 -0.233
201912 -1.470 108.420 -1.804
202003 -0.240 108.902 -0.293
202006 -0.290 108.767 -0.355
202009 0.020 109.815 0.024
202012 -0.260 109.897 -0.315
202103 -0.080 111.754 -0.095
202106 0.200 114.631 0.232
202109 0.010 115.734 0.011
202112 0.230 117.630 0.260
202203 -0.060 121.301 -0.066
202206 -0.050 125.017 -0.053
202209 0.020 125.227 0.021
202212 -0.180 125.222 -0.191
202303 -0.060 127.348 -0.063
202306 -0.140 128.729 -0.145
202309 -0.070 129.860 -0.072
202312 -0.310 129.419 -0.319
202403 -0.340 131.776 -0.343
202406 -0.140 132.554 -0.141
202409 -0.190 133.029 -0.190

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


Associated Industries China  (TPE:9912) 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.

During the past 13 years, the highest Shiller P/E Ratio of Associated Industries China was 18.60. The lowest was 8.67. And the median was 12.77.


Be Aware

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


Associated Industries China E10 Related Terms

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


Associated Industries China Business Description

Traded in Other Exchanges
N/A
Address
No. 3-1, Park Street, 5th Floor-1, Nangang District, Taipei, TWN, 11503
Associated Industries China Inc is engaged in the research, development, and sale of LCD monitors, Medical equipment and Healthcare products, Other accessories, and the Real estate rental business. The company earns maximum revenue from LCD monitors and geographically, the company earns maximum revenue from the Netherlands followed by the United States, Taiwan, and others.

Associated Industries China Headlines

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