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Connection Technology Systems (ROCO:3672) Shiller PE Ratio : 35.21 (As of May. 18, 2024)


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What is Connection Technology Systems Shiller PE Ratio?

As of today (2024-05-18), Connection Technology Systems's current share price is NT$25.35. Connection Technology Systems's E10 for the quarter that ended in Mar. 2024 was NT$0.72. Connection Technology Systems's Shiller PE Ratio for today is 35.21.

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

ROCO:3672' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.7   Med: 24.52   Max: 35.7
Current: 35.22

During the past years, Connection Technology Systems's highest Shiller PE Ratio was 35.70. The lowest was 3.70. And the median was 24.52.

ROCO:3672's Shiller PE Ratio is ranked worse than
65.94% of 1383 companies
in the Hardware industry
Industry Median: 24.4 vs ROCO:3672: 35.22

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.

Connection Technology Systems's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$-0.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$0.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Connection Technology Systems Shiller PE Ratio Historical Data

The historical data trend for Connection Technology Systems'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.

Connection Technology Systems Shiller PE Ratio Chart

Connection Technology Systems 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 - - - - 26.37

Connection Technology Systems 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 3.79 24.12 23.14 26.37 31.96

Competitive Comparison of Connection Technology Systems's Shiller PE Ratio

For the Communication Equipment subindustry, Connection Technology Systems'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.


Connection Technology Systems's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Connection Technology Systems 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.

Connection Technology Systems's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=25.35/0.72
=35.21

* 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.

Connection Technology Systems's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Connection Technology Systems'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)
=-0.78/131.7762*131.7762
=-0.780

Current CPI (Mar. 2024) = 131.7762.

Connection Technology Systems Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.771 100.560 1.010
201409 0.525 100.428 0.689
201412 0.587 99.070 0.781
201503 0.863 99.621 1.142
201506 0.640 100.684 0.838
201509 0.867 100.392 1.138
201512 0.438 99.792 0.578
201603 0.490 100.470 0.643
201606 0.528 101.688 0.684
201609 0.580 101.861 0.750
201612 0.480 101.863 0.621
201703 0.240 102.862 0.307
201706 0.380 103.349 0.485
201709 -0.040 104.136 -0.051
201712 0.110 104.011 0.139
201803 0.210 105.290 0.263
201806 0.080 106.317 0.099
201809 -0.140 106.507 -0.173
201812 0.170 105.998 0.211
201903 0.010 107.251 0.012
201906 -0.150 108.070 -0.183
201909 -0.460 108.329 -0.560
201912 -0.600 108.420 -0.729
202003 -0.330 108.902 -0.399
202006 0.090 108.767 0.109
202009 0.550 109.815 0.660
202012 0.230 109.897 0.276
202103 -0.260 111.754 -0.307
202106 0.050 114.631 0.057
202109 0.620 115.734 0.706
202112 -0.170 117.630 -0.190
202203 0.150 121.301 0.163
202206 0.020 125.017 0.021
202209 0.250 125.227 0.263
202212 -0.770 125.222 -0.810
202303 -0.510 127.348 -0.528
202306 -0.450 128.729 -0.461
202309 -0.330 129.860 -0.335
202312 0.070 129.419 0.071
202403 -0.780 131.776 -0.780

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.


Connection Technology Systems  (ROCO:3672) 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.


Connection Technology Systems Shiller PE Ratio Related Terms

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Connection Technology Systems (ROCO:3672) Business Description

Traded in Other Exchanges
N/A
Address
18F-6, No.79, Sec.1, Xintai 5th Road, Xizhi District, New Taipei City, Taipei, TWN, 221
Connection Technology Systems Inc. is engaged in providing fiber optic communication products and services in Taiwan. Its main products include Fiber Switch Product, Fiber Gateway Product, PoE Product, Media Converter Product.

Connection Technology Systems (ROCO:3672) Headlines

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