GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Simpac Inc (XKRX:009160) » Definitions » E10

Simpac (XKRX:009160) E10 : ₩859.84 (As of Dec. 2023)


View and export this data going back to 1989. Start your Free Trial

What is Simpac 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.

Simpac's adjusted earnings per share data for the three months ended in Dec. 2023 was ₩-262.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩859.84 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Simpac's average E10 Growth Rate was -7.70% per year. During the past 3 years, the average E10 Growth Rate was 4.90% per year. During the past 5 years, the average E10 Growth Rate was 2.80% 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 Simpac was 6.50% per year. The lowest was -1.90% per year. And the median was 0.70% per year.

As of today (2024-04-29), Simpac's current stock price is ₩4160.00. Simpac's E10 for the quarter that ended in Dec. 2023 was ₩859.84. Simpac's Shiller PE Ratio of today is 4.84.

During the past 13 years, the highest Shiller PE Ratio of Simpac was 11.85. The lowest was 2.56. And the median was 5.17.


Simpac E10 Historical Data

The historical data trend for Simpac'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.

Simpac E10 Chart

Simpac 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 771.02 745.32 829.67 931.71 859.84

Simpac Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 931.71 926.76 915.10 903.76 859.84

Competitive Comparison of Simpac's E10

For the Specialty Industrial Machinery subindustry, Simpac'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.


Simpac's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Simpac's Shiller PE Ratio distribution charts can be found below:

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



Simpac 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, Simpac's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-262/118.8477*118.8477
=-262.000

Current CPI (Dec. 2023) = 118.8477.

Simpac Quarterly Data

per share eps CPI Adj_EPS
201403 1,183.000 99.253 1,416.550
201406 39.000 99.353 46.652
201409 478.000 99.608 570.328
201412 -740.000 99.098 -887.478
201503 122.000 99.720 145.401
201506 284.000 100.050 337.359
201509 191.000 100.110 226.750
201512 11.000 100.220 13.045
201603 231.000 100.560 273.009
201606 227.000 100.790 267.670
201609 -91.000 101.460 -106.595
201612 247.000 101.560 289.045
201703 56.000 102.850 64.710
201706 32.000 102.610 37.064
201709 115.000 103.490 132.066
201712 306.000 102.990 353.116
201803 58.000 104.100 66.217
201806 50.000 104.130 57.067
201809 1,005.000 105.650 1,130.544
201812 198.749 104.350 226.362
201903 65.000 104.490 73.931
201906 80.000 104.880 90.654
201909 95.000 105.200 107.324
201912 -83.000 105.120 -93.839
202003 52.000 105.540 58.557
202006 83.000 104.870 94.063
202009 -4.000 106.200 -4.476
202012 454.000 105.765 510.156
202103 194.000 107.357 214.764
202106 339.000 107.579 374.511
202109 461.000 108.759 503.762
202112 628.000 109.676 680.514
202203 704.000 111.806 748.340
202206 564.000 114.083 587.557
202209 162.000 114.831 167.666
202212 -56.000 115.200 -57.773
202303 115.000 116.550 117.268
202306 33.000 117.140 33.481
202309 -5.000 119.111 -4.989
202312 -262.000 118.848 -262.000

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


Simpac  (XKRX:009160) 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.

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

Shiller PE Ratio=Share Price/E10
=4160.00/859.84
=4.84

* 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 Simpac was 11.85. The lowest was 2.56. And the median was 5.17.


Be Aware

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


Simpac E10 Related Terms

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


Simpac (XKRX:009160) Business Description

Traded in Other Exchanges
N/A
Address
394 Cheongcheon-dong, Bupyeong-gu, Incheon, KOR, 403-030
Simpac Inc is a South Korean company operating in the diversified industrials industry. The company is engaged in manufacturing of press. The products of the company are mechanical press, servo press, and hydraulic press.

Simpac (XKRX:009160) Headlines

No Headlines