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Arima Lasers (ROCO:3627) Shiller PE Ratio : 3.47 (As of May. 15, 2024)


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What is Arima Lasers Shiller PE Ratio?

As of today (2024-05-15), Arima Lasers's current share price is NT$9.75. Arima Lasers's E10 for the fiscal year that ended in Dec23 was NT$2.81. Arima Lasers's Shiller PE Ratio for today is 3.47.

The historical rank and industry rank for Arima Lasers's Shiller PE Ratio or its related term are showing as below:

ROCO:3627' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.39   Med: 7.24   Max: 8.88
Current: 3.47

During the past 11 years, Arima Lasers's highest Shiller PE Ratio was 8.88. The lowest was 3.39. And the median was 7.24.

ROCO:3627's Shiller PE Ratio is ranked better than
97.86% of 513 companies
in the Semiconductors industry
Industry Median: 27.89 vs ROCO:3627: 3.47

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.

Arima Lasers's adjusted earnings per share data of for the fiscal year that ended in Dec23 was NT$-0.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$2.81 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arima Lasers Shiller PE Ratio Historical Data

The historical data trend for Arima Lasers'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.

Arima Lasers Shiller PE Ratio Chart

Arima Lasers 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 - - - 7.78 8.22

Arima Lasers Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 7.78 - 8.22

Competitive Comparison of Arima Lasers's Shiller PE Ratio

For the Semiconductors subindustry, Arima Lasers'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.


Arima Lasers's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Arima Lasers's Shiller PE Ratio distribution charts can be found below:

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



Arima Lasers 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.

Arima Lasers's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.75/2.81
=3.47

* 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.

Arima Lasers's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Arima Lasers'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)
=-0.61/129.4194*129.4194
=-0.610

Current CPI (Dec23) = 129.4194.

Arima Lasers Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 3.244 99.070 4.238
201512 2.791 99.792 3.620
201612 5.291 101.863 6.722
201712 2.073 104.011 2.579
201812 2.682 105.998 3.275
201912 0.500 108.420 0.597
202012 0.864 109.897 1.017
202112 3.660 117.630 4.027
202212 2.560 125.222 2.646
202312 -0.610 129.419 -0.610

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.


Arima Lasers  (ROCO:3627) 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.


Arima Lasers Shiller PE Ratio Related Terms

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Arima Lasers (ROCO:3627) Business Description

Traded in Other Exchanges
N/A
Address
Zhongxing Road, 9th Floor, Number 458, Pingxing Town, Pingzhen District, Taoyuan, TWN, 32460
Arima Lasers Corp is a Taiwan based company involved in manufacturing multiple products comprising of Laser diode, Laser module, High power Laser and Fiber-coupled Laser. The company is also into the foundry business which includes Die Bonding, In Process Quality Check, Wire Bonding and Cap Sealing among others.

Arima Lasers (ROCO:3627) Headlines

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