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Taiwan Asia Semiconductor (TPE:2340) Shiller PE Ratio : 23.98 (As of Jun. 16, 2024)


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What is Taiwan Asia Semiconductor Shiller PE Ratio?

As of today (2024-06-16), Taiwan Asia Semiconductor's current share price is NT$39.80. Taiwan Asia Semiconductor's E10 for the quarter that ended in Mar. 2024 was NT$1.66. Taiwan Asia Semiconductor's Shiller PE Ratio for today is 23.98.

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

TPE:2340' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.12   Med: 22.45   Max: 47.84
Current: 24

During the past years, Taiwan Asia Semiconductor's highest Shiller PE Ratio was 47.84. The lowest was 11.12. And the median was 22.45.

TPE:2340's Shiller PE Ratio is ranked better than
56.36% of 511 companies
in the Semiconductors industry
Industry Median: 29.14 vs TPE:2340: 24.00

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.

Taiwan Asia Semiconductor's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$-0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$1.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Asia Semiconductor Shiller PE Ratio Historical Data

The historical data trend for Taiwan Asia Semiconductor'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.

Taiwan Asia Semiconductor Shiller PE Ratio Chart

Taiwan Asia Semiconductor 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 18.55 19.89 45.14 20.27 28.15

Taiwan Asia Semiconductor 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 23.05 26.06 27.75 28.15 23.70

Competitive Comparison of Taiwan Asia Semiconductor's Shiller PE Ratio

For the Semiconductors subindustry, Taiwan Asia Semiconductor'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.


Taiwan Asia Semiconductor's Shiller PE Ratio Distribution in the Semiconductors Industry

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

* The bar in red indicates where Taiwan Asia Semiconductor's Shiller PE Ratio falls into.



Taiwan Asia Semiconductor 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.

Taiwan Asia Semiconductor's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=39.80/1.66
=23.98

* 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.

Taiwan Asia Semiconductor's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Taiwan Asia Semiconductor'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)
=-0.08/131.7762*131.7762
=-0.080

Current CPI (Mar. 2024) = 131.7762.

Taiwan Asia Semiconductor Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.341 100.560 0.447
201409 0.294 100.428 0.386
201412 0.294 99.070 0.391
201503 0.235 99.621 0.311
201506 0.306 100.684 0.400
201509 0.341 100.392 0.448
201512 0.341 99.792 0.450
201603 0.247 100.470 0.324
201606 0.588 101.688 0.762
201609 0.612 101.861 0.792
201612 0.376 101.863 0.486
201703 0.400 102.862 0.512
201706 0.353 103.349 0.450
201709 0.447 104.136 0.566
201712 0.329 104.011 0.417
201803 0.412 105.290 0.516
201806 0.400 106.317 0.496
201809 0.390 106.507 0.483
201812 0.370 105.998 0.460
201903 0.260 107.251 0.319
201906 0.330 108.070 0.402
201909 0.490 108.329 0.596
201912 0.380 108.420 0.462
202003 0.320 108.902 0.387
202006 0.180 108.767 0.218
202009 0.540 109.815 0.648
202012 0.460 109.897 0.552
202103 0.650 111.754 0.766
202106 0.490 114.631 0.563
202109 0.620 115.734 0.706
202112 0.330 117.630 0.370
202203 0.300 121.301 0.326
202206 0.320 125.017 0.337
202209 0.240 125.227 0.253
202212 -0.050 125.222 -0.053
202303 0.160 127.348 0.166
202306 0.260 128.729 0.266
202309 0.310 129.860 0.315
202312 -0.030 129.419 -0.031
202403 -0.080 131.776 -0.080

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.


Taiwan Asia Semiconductor  (TPE:2340) 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.


Taiwan Asia Semiconductor Shiller PE Ratio Related Terms

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Taiwan Asia Semiconductor (TPE:2340) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Li-Hsin 5th Road, Hsinchu Science Park, Hsinchu, TWN, 30078
Taiwan Asia Semiconductor Corp is engaged in the manufacture and sales of semiconductor components as well as research and development, design, manufacture, and sales of systems products. Its products consist of visible light-emitting diode chips, photodiodes, phototransistors, photo-sensing controllable thyristors, Zener diode chips, resistor chips, infrared radiation chips, colored light, IR LED, vertical-cavity surface-emitting lasers, light-emitting diode displays, automotive lighting, among others. Its segment consists of LED and silicon vendor chips group, Displays and lighting group, and Packaging business group.

Taiwan Asia Semiconductor (TPE:2340) Headlines

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