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Progate Group (ROCO:8227) Shiller PE Ratio : 376.09 (As of Jun. 19, 2024)


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What is Progate Group Shiller PE Ratio?

As of today (2024-06-19), Progate Group's current share price is NT$259.50. Progate Group's E10 for the fiscal year that ended in Dec23 was NT$0.69. Progate Group's Shiller PE Ratio for today is 376.09.

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

ROCO:8227' s Shiller PE Ratio Range Over the Past 10 Years
Min: 356.32   Med: 478.26   Max: 588.41
Current: 356.32

During the past 10 years, Progate Group's highest Shiller PE Ratio was 588.41. The lowest was 356.32. And the median was 478.26.

ROCO:8227's Shiller PE Ratio is ranked worse than
98.43% of 511 companies
in the Semiconductors industry
Industry Median: 29.07 vs ROCO:8227: 356.32

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.

Progate Group's adjusted earnings per share data of for the fiscal year that ended in Dec23 was NT$4.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$0.69 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Progate Group Shiller PE Ratio Historical Data

The historical data trend for Progate Group'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.

Progate Group Shiller PE Ratio Chart

Progate Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 386.61

Progate Group Quarterly Data
Dec12 Jun13 Dec13 Jun14 Dec19 Jun20 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 - - - 386.61 -

Competitive Comparison of Progate Group's Shiller PE Ratio

For the Semiconductors subindustry, Progate Group'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.


Progate Group's Shiller PE Ratio Distribution in the Semiconductors Industry

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

* The bar in red indicates where Progate Group's Shiller PE Ratio falls into.



Progate Group 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.

Progate Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=259.50/0.69
=376.09

* 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.

Progate Group's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Progate Group'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)
=4.28/129.4194*129.4194
=4.280

Current CPI (Dec23) = 129.4194.

Progate Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
200912 -0.980 91.111 -1.392
201012 0.870 92.474 1.218
201112 -0.080 95.213 -0.109
201212 -0.980 96.871 -1.309
201312 -0.040 98.326 -0.053
201912 0.880 108.420 1.050
202012 -0.800 109.897 -0.942
202112 1.750 117.630 1.925
202212 2.190 125.222 2.263
202312 4.280 129.419 4.280

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.


Progate Group  (ROCO:8227) 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.


Progate Group Shiller PE Ratio Related Terms

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Progate Group (ROCO:8227) Business Description

Traded in Other Exchanges
N/A
Address
8thFL., No.88, Sec.1, Neihu Road, Taipei, TWN, 114
Progate Group Corp. develops & manufactures application specific integrated circuits. It offers IP designs, SIP turnkey design, SOC advance design flow, Lower power design solutions, MPW shuttle bus service, Platform, SiP Design Turnkey & others.

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