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Ares International (TPE:2471) Shiller PE Ratio : 26.79 (As of May. 26, 2024)


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What is Ares International Shiller PE Ratio?

As of today (2024-05-26), Ares International's current share price is NT$56.80. Ares International's E10 for the quarter that ended in Mar. 2024 was NT$2.12. Ares International's Shiller PE Ratio for today is 26.79.

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

TPE:2471' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.12   Med: 16.49   Max: 36.83
Current: 26.74

During the past years, Ares International's highest Shiller PE Ratio was 36.83. The lowest was 11.12. And the median was 16.49.

TPE:2471's Shiller PE Ratio is ranked better than
57.36% of 917 companies
in the Software industry
Industry Median: 30.31 vs TPE:2471: 26.74

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.

Ares International's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$2.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ares International Shiller PE Ratio Historical Data

The historical data trend for Ares International'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.

Ares International Shiller PE Ratio Chart

Ares International 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 13.10 18.24 16.00 15.51 25.65

Ares International 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 27.53 29.59 25.97 25.65 27.92

Competitive Comparison of Ares International's Shiller PE Ratio

For the Information Technology Services subindustry, Ares International'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.


Ares International's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Ares International's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ares International's Shiller PE Ratio falls into.



Ares International 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.

Ares International's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=56.80/2.12
=26.79

* 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.

Ares International's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Ares International'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)
=0.2/131.7762*131.7762
=0.200

Current CPI (Mar. 2024) = 131.7762.

Ares International Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.130 100.560 -0.170
201409 0.010 100.428 0.013
201412 1.140 99.070 1.516
201503 -0.180 99.621 -0.238
201506 0.190 100.684 0.249
201509 0.200 100.392 0.263
201512 0.560 99.792 0.739
201603 0.270 100.470 0.354
201606 -0.160 101.688 -0.207
201609 0.470 101.861 0.608
201612 1.190 101.863 1.539
201703 -0.640 102.862 -0.820
201706 0.500 103.349 0.638
201709 -0.020 104.136 -0.025
201712 0.820 104.011 1.039
201803 -0.400 105.290 -0.501
201806 0.740 106.317 0.917
201809 0.400 106.507 0.495
201812 0.470 105.998 0.584
201903 0.140 107.251 0.172
201906 0.600 108.070 0.732
201909 0.230 108.329 0.280
201912 0.690 108.420 0.839
202003 0.110 108.902 0.133
202006 0.050 108.767 0.061
202009 1.180 109.815 1.416
202012 0.710 109.897 0.851
202103 0.290 111.754 0.342
202106 -0.360 114.631 -0.414
202109 1.270 115.734 1.446
202112 1.200 117.630 1.344
202203 0.430 121.301 0.467
202206 0.710 125.017 0.748
202209 1.010 125.227 1.063
202212 0.820 125.222 0.863
202303 0.180 127.348 0.186
202306 1.740 128.729 1.781
202309 0.860 129.860 0.873
202312 0.850 129.419 0.865
202403 0.200 131.776 0.200

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.


Ares International  (TPE:2471) 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.


Ares International Shiller PE Ratio Related Terms

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Ares International (TPE:2471) Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan North Road, Shuanglian Building-3rd Floor, No. 111, Section 2, Taipei, TWN
Ares International Corp is Taiwan based company. The company is engaged in the design, sales, lease, maintenance and technology consultation of computer equipment, internet and related software, and analysis, design, modification, installment and maintenance of application software. The major geographical regions in which the company operates are Asia, Taiwan, America and Others.

Ares International (TPE:2471) Headlines

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