GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Teco Electric & Machinery Co Ltd (TPE:1504) » Definitions » Shiller PE Ratio

Teco Electric & Machinery Co (TPE:1504) Shiller PE Ratio : 23.88 (As of May. 26, 2024)


View and export this data going back to 1973. Start your Free Trial

What is Teco Electric & Machinery Co Shiller PE Ratio?

As of today (2024-05-26), Teco Electric & Machinery Co's current share price is NT$53.50. Teco Electric & Machinery Co's E10 for the quarter that ended in Mar. 2024 was NT$2.24. Teco Electric & Machinery Co's Shiller PE Ratio for today is 23.88.

The historical rank and industry rank for Teco Electric & Machinery Co's Shiller PE Ratio or its related term are showing as below:

TPE:1504' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.68   Med: 15.58   Max: 27.14
Current: 23.85

During the past years, Teco Electric & Machinery Co's highest Shiller PE Ratio was 27.14. The lowest was 12.68. And the median was 15.58.

TPE:1504's Shiller PE Ratio is ranked better than
52.56% of 1756 companies
in the Industrial Products industry
Industry Median: 25.62 vs TPE:1504: 23.85

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.

Teco Electric & Machinery Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$2.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teco Electric & Machinery Co Shiller PE Ratio Historical Data

The historical data trend for Teco Electric & Machinery 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.

Teco Electric & Machinery Co Shiller PE Ratio Chart

Teco Electric & Machinery 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 14.46 14.92 15.52 13.00 21.21

Teco Electric & Machinery 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 19.54 23.94 23.41 21.21 25.50

Competitive Comparison of Teco Electric & Machinery Co's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Teco Electric & Machinery 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.


Teco Electric & Machinery Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Teco Electric & Machinery Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Teco Electric & Machinery Co's Shiller PE Ratio falls into.



Teco Electric & Machinery 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.

Teco Electric & Machinery Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=53.50/2.24
=23.88

* 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.

Teco Electric & Machinery Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Teco Electric & Machinery 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)
=0.55/131.7762*131.7762
=0.550

Current CPI (Mar. 2024) = 131.7762.

Teco Electric & Machinery Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.740 100.560 0.970
201409 0.520 100.428 0.682
201412 0.340 99.070 0.452
201503 0.370 99.621 0.489
201506 0.460 100.684 0.602
201509 0.480 100.392 0.630
201512 0.280 99.792 0.370
201603 0.340 100.470 0.446
201606 0.520 101.688 0.674
201609 0.450 101.861 0.582
201612 0.430 101.863 0.556
201703 0.270 102.862 0.346
201706 0.550 103.349 0.701
201709 0.430 104.136 0.544
201712 0.310 104.011 0.393
201803 0.270 105.290 0.338
201806 0.560 106.317 0.694
201809 0.410 106.507 0.507
201812 0.350 105.998 0.435
201903 0.320 107.251 0.393
201906 0.600 108.070 0.732
201909 0.400 108.329 0.487
201912 0.320 108.420 0.389
202003 0.230 108.902 0.278
202006 0.760 108.767 0.921
202009 0.410 109.815 0.492
202012 0.400 109.897 0.480
202103 0.530 111.754 0.625
202106 0.680 114.631 0.782
202109 0.750 115.734 0.854
202112 0.420 117.630 0.471
202203 0.170 121.301 0.185
202206 0.480 125.017 0.506
202209 0.510 125.227 0.537
202212 0.480 125.222 0.505
202303 0.780 127.348 0.807
202306 1.010 128.729 1.034
202309 0.470 129.860 0.477
202312 0.510 129.419 0.519
202403 0.550 131.776 0.550

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.


Teco Electric & Machinery Co  (TPE:1504) 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.


Teco Electric & Machinery Co Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Teco Electric & Machinery Co's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Teco Electric & Machinery Co (TPE:1504) Business Description

Traded in Other Exchanges
N/A
Address
No. 19-9, San Chong Road, Nan-Kang, 5th Floor, Taipei, TWN, 11501
Teco Electric & Machinery Co Ltd is a Taiwan-based company that manufactures and sells various types of mechanical equipment, air-conditioning units and electronic equipment products. The company's Heavy industrial products, the largest product line by revenue contribution, are used in fluid machinery, elevators, cranes, petrochemical machinery, rolling mills, pumps, and various other machinery. The company's home appliance offerings comprise air conditioners, refrigerators, washing machines, televisions, air purifiers, and others. The company also provides automation products such as converters, servo controllers, and circuit breakers. The company generates the majority of its sales from Taiwan.

Teco Electric & Machinery Co (TPE:1504) Headlines

No Headlines