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Aker Technology Co (ROCO:6174) Shiller PE Ratio : 19.04 (As of May. 02, 2024)


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What is Aker Technology Co Shiller PE Ratio?

As of today (2024-05-02), Aker Technology Co's current share price is NT$21.90. Aker Technology Co's E10 for the quarter that ended in Dec. 2023 was NT$1.15. Aker Technology Co's Shiller PE Ratio for today is 19.04.

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

ROCO:6174' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.95   Med: 20.72   Max: 40.73
Current: 18.99

During the past years, Aker Technology Co's highest Shiller PE Ratio was 40.73. The lowest was 11.95. And the median was 20.72.

ROCO:6174's Shiller PE Ratio is ranked better than
61.96% of 1380 companies
in the Hardware industry
Industry Median: 23.795 vs ROCO:6174: 18.99

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.

Aker Technology Co's adjusted earnings per share data for the three months ended in Dec. 2023 was NT$0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$1.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aker Technology Co Shiller PE Ratio Historical Data

The historical data trend for Aker 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.

Aker Technology Co Shiller PE Ratio Chart

Aker 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 17.60 15.90 33.11 19.24 19.72

Aker Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 19.24 23.13 20.70 18.71 19.72

Competitive Comparison of Aker Technology Co's Shiller PE Ratio

For the Electronic Components subindustry, Aker 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.


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

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

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



Aker 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.

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

Shiller PE Ratio=Share Price/ E10
=21.90/1.15
=19.04

* 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.

Aker Technology Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Aker Technology Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.02/129.4194*129.4194
=0.020

Current CPI (Dec. 2023) = 129.4194.

Aker Technology Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.240 99.695 0.312
201406 0.320 100.560 0.412
201409 0.270 100.428 0.348
201412 0.210 99.070 0.274
201503 0.220 99.621 0.286
201506 0.350 100.684 0.450
201509 0.320 100.392 0.413
201512 0.150 99.792 0.195
201603 0.160 100.470 0.206
201606 0.350 101.688 0.445
201609 0.220 101.861 0.280
201612 0.350 101.863 0.445
201703 0.004 102.862 0.005
201706 0.200 103.349 0.250
201709 0.210 104.136 0.261
201712 0.090 104.011 0.112
201803 0.120 105.290 0.148
201806 0.560 106.317 0.682
201809 0.300 106.507 0.365
201812 0.080 105.998 0.098
201903 0.004 107.251 0.005
201906 0.010 108.070 0.012
201909 -0.010 108.329 -0.012
201912 0.010 108.420 0.012
202003 0.004 108.902 0.005
202006 0.040 108.767 0.048
202009 -0.040 109.815 -0.047
202012 0.020 109.897 0.024
202103 0.120 111.754 0.139
202106 0.270 114.631 0.305
202109 0.690 115.734 0.772
202112 0.720 117.630 0.792
202203 0.750 121.301 0.800
202206 0.990 125.017 1.025
202209 0.880 125.227 0.909
202212 0.430 125.222 0.444
202303 0.130 127.348 0.132
202306 0.090 128.729 0.090
202309 0.050 129.860 0.050
202312 0.020 129.419 0.020

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.


Aker Technology Co  (ROCO:6174) 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.


Aker Technology Co Shiller PE Ratio Related Terms

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Aker Technology Co (ROCO:6174) Business Description

Traded in Other Exchanges
N/A
Address
11-3 Chien-kao Road, T.E.P.Z, Taichung, TWN, 427
Aker Technology Co Ltd is engaged in the manufacture and sale of frequency control products. It offers quartz crystals, quartz oscillators, and VCXO products for applications in communication, automotive and other industries, among others.

Aker Technology Co (ROCO:6174) Headlines

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