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Micro Base Technology (ROCO:3184) Shiller PE Ratio : (As of Jun. 24, 2024)


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What is Micro Base Technology Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Micro Base Technology Shiller PE Ratio Historical Data

The historical data trend for Micro Base Technology'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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Micro Base Technology Shiller PE Ratio Chart

Micro Base Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Micro Base Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Micro Base Technology's Shiller PE Ratio

For the Electronic Components subindustry, Micro Base Technology'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.


Micro Base Technology's Shiller PE Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Micro Base Technology's Shiller PE Ratio falls into.



Micro Base Technology 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.

Micro Base Technology's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Micro Base Technology's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.48/129.4194*129.4194
=0.480

Current CPI (Dec23) = 129.4194.

Micro Base Technology Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -3.360 99.070 -4.389
201512 -1.590 99.792 -2.062
201612 -2.630 101.863 -3.341
201712 -1.900 104.011 -2.364
201812 -0.280 105.998 -0.342
201912 -0.750 108.420 -0.895
202012 -0.950 109.897 -1.119
202112 -0.470 117.630 -0.517
202212 0.080 125.222 0.083
202312 0.480 129.419 0.480

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.


Micro Base Technology  (ROCO:3184) 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.


Micro Base Technology Shiller PE Ratio Related Terms

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Micro Base Technology (ROCO:3184) Business Description

Traded in Other Exchanges
N/A
Address
No.756, Qiajuan Road, Bade District, Taoyuan, TWN, 33464
Micro Base Technology Corp is engaged in the development of Laser LIGA, a non-silicon-based micromachining technology. It is involved in the research and development, manufacturing, and sale of miniaturized devices, and micron-scale parts and systems in Taiwan. The company offers its products under three categories namely electronic, beauty, and medical devices. It also engaged in designing and consulting business.

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