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Ta-I Technology Co (TPE:2478) Shiller PE Ratio : 12.18 (As of May. 06, 2024)


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What is Ta-I Technology Co Shiller PE Ratio?

As of today (2024-05-06), Ta-I Technology Co's current share price is NT$48.00. Ta-I Technology Co's E10 for the quarter that ended in Dec. 2023 was NT$3.94. Ta-I Technology Co's Shiller PE Ratio for today is 12.18.

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

TPE:2478' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.86   Med: 17.31   Max: 34.86
Current: 12.2

During the past years, Ta-I Technology Co's highest Shiller PE Ratio was 34.86. The lowest was 10.86. And the median was 17.31.

TPE:2478's Shiller PE Ratio is ranked better than
81.15% of 1379 companies
in the Hardware industry
Industry Median: 24.09 vs TPE:2478: 12.20

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.

Ta-I Technology Co's adjusted earnings per share data for the three months ended in Dec. 2023 was NT$0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$3.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ta-I Technology Co Shiller PE Ratio Historical Data

The historical data trend for Ta-I 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.

Ta-I Technology Co Shiller PE Ratio Chart

Ta-I 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 21.09 34.03 21.11 11.69 12.16

Ta-I 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 11.69 12.48 12.89 11.87 12.16

Competitive Comparison of Ta-I Technology Co's Shiller PE Ratio

For the Electronic Components subindustry, Ta-I 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.


Ta-I Technology Co's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Ta-I 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.

Ta-I Technology Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=48.00/3.94
=12.18

* 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.

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

For example, Ta-I 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)
=0.22/129.4194*129.4194
=0.220

Current CPI (Dec. 2023) = 129.4194.

Ta-I Technology Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.249 99.695 0.323
201406 0.172 100.560 0.221
201409 0.402 100.428 0.518
201412 0.345 99.070 0.451
201503 0.307 99.621 0.399
201506 0.326 100.684 0.419
201509 0.728 100.392 0.938
201512 0.383 99.792 0.497
201603 0.293 100.470 0.377
201606 0.267 101.688 0.340
201609 0.307 101.861 0.390
201612 0.427 101.863 0.543
201703 0.253 102.862 0.318
201706 0.240 103.349 0.301
201709 0.400 104.136 0.497
201712 0.480 104.011 0.597
201803 0.187 105.290 0.230
201806 2.520 106.317 3.068
201809 3.660 106.507 4.447
201812 1.430 105.998 1.746
201903 0.540 107.251 0.652
201906 0.400 108.070 0.479
201909 0.860 108.329 1.027
201912 0.530 108.420 0.633
202003 1.650 108.902 1.961
202006 1.720 108.767 2.047
202009 0.920 109.815 1.084
202012 0.370 109.897 0.436
202103 1.730 111.754 2.003
202106 1.960 114.631 2.213
202109 1.590 115.734 1.778
202112 1.270 117.630 1.397
202203 1.560 121.301 1.664
202206 1.440 125.017 1.491
202209 1.090 125.227 1.126
202212 0.190 125.222 0.196
202303 0.570 127.348 0.579
202306 0.910 128.729 0.915
202309 0.840 129.860 0.837
202312 0.220 129.419 0.220

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.


Ta-I Technology Co  (TPE:2478) 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.


Ta-I Technology Co Shiller PE Ratio Related Terms

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Ta-I Technology Co (TPE:2478) Business Description

Traded in Other Exchanges
N/A
Address
1st Floor, No. 26, Lane 470,Section 2, Nanshan, 3 Lin Shan-Pi Village, Lu-Chu District, Taoyuan, TWN
Ta-I Technology Co Ltd manufactures chip resistors in Taiwan. Its product portfolio comprises thick film resistors, chip resistor arrays, sensing chip resistors, over voltage protection products and temperature sensitive resistors. Geographically, the business activities are carried out through Taiwan.

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