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Taiwan Wax Co (ROCO:1742) Shiller PE Ratio : (As of Jun. 14, 2024)


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What is Taiwan Wax Co Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Wax Co Shiller PE Ratio Historical Data

The historical data trend for Taiwan Wax Co's Shiller PE Ratio 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.

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Taiwan Wax Co Shiller PE Ratio Chart

Taiwan Wax Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Taiwan Wax Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Taiwan Wax Co's Shiller PE Ratio

For the Specialty Chemicals subindustry, Taiwan Wax 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.


Taiwan Wax Co's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Wax Co's Shiller PE Ratio distribution charts can be found below:

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



Taiwan Wax Co Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Taiwan Wax Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Taiwan Wax 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)
=1.18/131.7762*131.7762
=1.180

Current CPI (Mar. 2024) = 131.7762.

Taiwan Wax Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.418 100.560 -0.548
201409 -0.148 100.428 -0.194
201412 -0.078 99.070 -0.104
201503 -0.296 99.621 -0.392
201506 -0.670 100.684 -0.877
201509 -0.400 100.392 -0.525
201512 -0.296 99.792 -0.391
201603 -0.218 100.470 -0.286
201606 -0.165 101.688 -0.214
201609 -0.879 101.861 -1.137
201612 -0.749 101.863 -0.969
201703 0.035 102.862 0.045
201706 0.009 103.349 0.011
201709 0.017 104.136 0.022
201712 0.044 104.011 0.056
201803 -0.296 105.290 -0.370
201806 -0.783 106.317 -0.971
201809 -0.548 106.507 -0.678
201812 -0.047 105.998 -0.058
201903 0.191 107.251 0.235
201906 0.392 108.070 0.478
201909 0.096 108.329 0.117
201912 0.104 108.420 0.126
202003 0.014 108.902 0.017
202006 0.174 108.767 0.211
202009 -0.191 109.815 -0.229
202012 -0.074 109.897 -0.089
202103 0.026 111.754 0.031
202106 0.096 114.631 0.110
202109 0.191 115.734 0.217
202112 4.167 117.630 4.668
202203 0.120 121.301 0.130
202206 0.380 125.017 0.401
202209 -0.190 125.227 -0.200
202212 -1.650 125.222 -1.736
202303 0.270 127.348 0.279
202306 0.200 128.729 0.205
202309 0.850 129.860 0.863
202312 -0.910 129.419 -0.927
202403 1.180 131.776 1.180

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


Taiwan Wax Co  (ROCO:1742) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Taiwan Wax Co Shiller PE Ratio Related Terms

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Taiwan Wax Co (ROCO:1742) Business Description

Traded in Other Exchanges
N/A
Address
Number 1 Chung Cheng Road, Minhsiung Industrial District, Chiayi, TWN, 62146
Taiwan Wax Co Ltd is engaged in manufacture, trading, import and export of various wax raw materials and finished products, trading of optoelectronic equipment, trading of aquatic products and provision of brokerage services. The company derives revenue from sales of merchandise is derived from sales of aquatic products, optoelectronic equipment and various finished wax products.

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