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Good Way Technology Co (ROCO:3272) Shiller PE Ratio : 11.75 (As of Jun. 24, 2024)


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What is Good Way Technology Co Shiller PE Ratio?

As of today (2024-06-24), Good Way Technology Co's current share price is NT$29.25. Good Way Technology Co's E10 for the quarter that ended in Mar. 2024 was NT$2.49. Good Way Technology Co's Shiller PE Ratio for today is 11.75.

The historical rank and industry rank for Good Way Technology Co's Shiller PE Ratio or its related term are showing as below:

ROCO:3272' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.72   Med: 11.12   Max: 18.41
Current: 11.74

During the past years, Good Way Technology Co's highest Shiller PE Ratio was 18.41. The lowest was 6.72. And the median was 11.12.

ROCO:3272's Shiller PE Ratio is ranked better than
82.31% of 1385 companies
in the Hardware industry
Industry Median: 24.26 vs ROCO:3272: 11.74

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Good Way Technology Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$-1.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$2.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Good Way Technology Co Shiller PE Ratio Historical Data

The historical data trend for Good Way Technology 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.

* Premium members only.

Good Way Technology Co Shiller PE Ratio Chart

Good Way Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 10.93 10.97 12.18

Good Way Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio 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 13.77 11.93 11.18 12.18 12.47

Competitive Comparison of Good Way Technology Co's Shiller PE Ratio

For the Computer Hardware subindustry, Good Way Technology 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.


Good Way Technology Co's Shiller PE Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Good Way Technology Co's Shiller PE Ratio falls into.



Good Way Technology 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.

Good Way Technology Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=29.25/2.49
=11.75

* 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.

Good Way Technology Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Good Way Technology 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)
=-1.09/131.7762*131.7762
=-1.090

Current CPI (Mar. 2024) = 131.7762.

Good Way Technology Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 2.037 100.560 2.669
201409 2.357 100.428 3.093
201412 1.759 99.070 2.340
201503 0.705 99.621 0.933
201506 0.554 100.684 0.725
201509 1.527 100.392 2.004
201512 0.982 99.792 1.297
201603 0.411 100.470 0.539
201606 0.652 101.688 0.845
201609 0.554 101.861 0.717
201612 1.241 101.863 1.605
201703 0.018 102.862 0.023
201706 1.107 103.349 1.411
201709 0.982 104.136 1.243
201712 0.348 104.011 0.441
201803 -0.446 105.290 -0.558
201806 0.670 106.317 0.830
201809 0.964 106.507 1.193
201812 0.625 105.998 0.777
201903 -0.116 107.251 -0.143
201906 0.464 108.070 0.566
201909 0.741 108.329 0.901
201912 0.482 108.420 0.586
202003 -0.455 108.902 -0.551
202006 1.571 108.767 1.903
202009 1.143 109.815 1.372
202012 0.536 109.897 0.643
202103 0.188 111.754 0.222
202106 0.223 114.631 0.256
202109 -0.107 115.734 -0.122
202112 0.214 117.630 0.240
202203 -1.402 121.301 -1.523
202206 -1.188 125.017 -1.252
202209 3.230 125.227 3.399
202212 3.220 125.222 3.389
202303 -1.820 127.348 -1.883
202306 -2.170 128.729 -2.221
202309 -0.920 129.860 -0.934
202312 -0.960 129.419 -0.977
202403 -1.090 131.776 -1.090

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.


Good Way Technology Co  (ROCO:3272) 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.


Good Way Technology Co Shiller PE Ratio Related Terms

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Good Way Technology Co (ROCO:3272) Business Description

Traded in Other Exchanges
N/A
Address
3F, No. 135, Lane 235, Baociao Rd, Sindian District, New Taipei City, TWN, 231
Good Way Technology Co Ltd manufactures and sells USB peripherals in Taiwan. Its products are segmented into consumer electronics and industrial networks and home appliances and include USB hubs, USB adapters, docking stations, card readers, and USB servers among others.

Good Way Technology Co (ROCO:3272) Headlines

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