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Cheng Mei Materials Technology (TPE:4960) Shiller PE Ratio : (As of May. 07, 2025)


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What is Cheng Mei Materials Technology Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cheng Mei Materials Technology Shiller PE Ratio Historical Data

The historical data trend for Cheng Mei Materials Technology'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.

Cheng Mei Materials Technology Shiller PE Ratio Chart

Cheng Mei Materials Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.12 13.68 13.77 309.79 -

Cheng Mei Materials Technology Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 309.79 - - - -

Competitive Comparison of Cheng Mei Materials Technology's Shiller PE Ratio

For the Electronic Components subindustry, Cheng Mei Materials Technology'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.


Cheng Mei Materials Technology's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cheng Mei Materials Technology's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cheng Mei Materials Technology's Shiller PE Ratio falls into.


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Cheng Mei Materials Technology 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.

Cheng Mei Materials Technology's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, Cheng Mei Materials Technology's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.06/133.1571*133.1571
=-0.060

Current CPI (Dec. 2024) = 133.1571.

Cheng Mei Materials Technology Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.953 99.621 1.274
201506 0.494 100.684 0.653
201509 0.718 100.392 0.952
201512 0.212 99.792 0.283
201603 -0.824 100.470 -1.092
201606 -1.118 101.688 -1.464
201609 -1.012 101.861 -1.323
201612 -0.424 101.863 -0.554
201703 -1.024 102.862 -1.326
201706 -0.565 103.349 -0.728
201709 -0.694 104.136 -0.887
201712 -0.282 104.011 -0.361
201803 -0.600 105.290 -0.759
201806 -0.388 106.317 -0.486
201809 0.082 106.507 0.103
201812 -0.247 105.998 -0.310
201903 -0.247 107.251 -0.307
201906 -0.459 108.070 -0.566
201909 -0.435 108.329 -0.535
201912 -0.071 108.420 -0.087
202003 -0.365 108.902 -0.446
202006 -0.012 108.767 -0.015
202009 0.012 109.815 0.015
202012 0.224 109.897 0.271
202103 0.435 111.754 0.518
202106 0.400 114.631 0.465
202109 0.435 115.734 0.500
202112 0.071 117.630 0.080
202203 0.212 121.301 0.233
202206 0.320 125.017 0.341
202209 0.360 125.227 0.383
202212 -0.180 125.222 -0.191
202303 -0.300 127.348 -0.314
202306 -0.310 128.729 -0.321
202309 0.060 129.860 0.062
202312 -0.430 129.419 -0.442
202403 0.010 131.776 0.010
202406 -0.010 132.554 -0.010
202409 -0.410 133.029 -0.410
202412 -0.060 133.157 -0.060

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.


Cheng Mei Materials Technology  (TPE:4960) 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.


Cheng Mei Materials Technology Shiller PE Ratio Related Terms

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Cheng Mei Materials Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 13, Muzhagang West Road, Shanhua District, Tainan City, TWN, 741
Cheng Mei Materials Technology Corp is specialized in polarizer manufacturing, production, research and development, and processing of optoelectronic products. The operation area and reportable segments of the company include Taiwan and Mainland China, out of which it derives maximum revenue from Taiwan.

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