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Forcs Co (XKRX:189690) Shiller PE Ratio : 13.13 (As of Jun. 22, 2024)


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What is Forcs Co Shiller PE Ratio?

As of today (2024-06-22), Forcs Co's current share price is ₩2555.00. Forcs Co's E10 for the quarter that ended in Mar. 2024 was ₩194.60. Forcs Co's Shiller PE Ratio for today is 13.13.

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

XKRX:189690' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13   Med: 14.57   Max: 18.54
Current: 13.13

During the past years, Forcs Co's highest Shiller PE Ratio was 18.54. The lowest was 13.00. And the median was 14.57.

XKRX:189690's Shiller PE Ratio is ranked better than
86.41% of 927 companies
in the Software industry
Industry Median: 30.18 vs XKRX:189690: 13.13

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.

Forcs Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ₩-10.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₩194.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forcs Co Shiller PE Ratio Historical Data

The historical data trend for Forcs 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.

Forcs Co Shiller PE Ratio Chart

Forcs Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
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Forcs 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 - - - 12.73 15.29

Competitive Comparison of Forcs Co's Shiller PE Ratio

For the Software - Application subindustry, Forcs 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.


Forcs Co's Shiller PE Ratio Distribution in the Software Industry

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

* The bar in red indicates where Forcs Co's Shiller PE Ratio falls into.



Forcs 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.

Forcs Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2555.00/194.6
=13.13

* 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.

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

For example, Forcs 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)
=-10/118.8477*118.8477
=-10.000

Current CPI (Mar. 2024) = 118.8477.

Forcs Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 50.312 99.353 60.184
201409 32.263 99.608 38.495
201412 109.648 99.098 131.500
201503 -4.963 99.720 -5.915
201506 80.860 100.050 96.052
201509 -25.111 100.110 -29.811
201512 81.965 100.220 97.200
201603 5.212 100.560 6.160
201606 73.236 100.790 86.357
201609 -5.721 101.460 -6.701
201612 57.459 101.560 67.240
201703 -21.392 102.850 -24.719
201706 44.014 102.610 50.979
201709 8.880 103.490 10.198
201712 110.477 102.990 127.487
201803 -24.028 104.100 -27.432
201806 153.388 104.130 175.068
201809 9.050 105.650 10.181
201812 39.764 104.350 45.289
201903 -12.341 104.490 -14.037
201906 34.910 104.880 39.559
201909 31.386 105.200 35.458
201912 96.462 105.120 109.059
202003 -15.549 105.540 -17.510
202006 75.701 104.870 85.791
202009 -3.023 106.200 -3.383
202012 92.215 105.765 103.621
202103 3.930 107.357 4.351
202106 72.593 107.579 80.197
202109 17.460 108.759 19.080
202112 133.968 109.676 145.171
202203 -1.905 111.806 -2.025
202206 82.889 114.083 86.351
202209 3.333 114.831 3.450
202212 142.333 115.200 146.840
202303 6.000 116.550 6.118
202306 40.657 117.140 41.250
202309 47.000 119.111 46.896
202312 132.000 118.848 132.000
202403 -10.000 118.848 -10.000

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.


Forcs Co  (XKRX:189690) 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.


Forcs Co Shiller PE Ratio Related Terms

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Forcs Co (XKRX:189690) Business Description

Traded in Other Exchanges
N/A
Address
SEI Tower 17th floor, 39, Eonju-ro 30 gil, Gangnam-gu, Seoul, KOR
Forcs Co Ltd is an e-Form and Reporting solutions provider. The company provides solutions which include Digital form, Electronic documentation, and Enterprise reporting. Its products include OZ e-form, OZ report.

Forcs Co (XKRX:189690) Headlines

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