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Far Eastern New Century (TPE:1402) Shiller PE Ratio : 15.23 (As of Jun. 05, 2024)


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What is Far Eastern New Century Shiller PE Ratio?

As of today (2024-06-05), Far Eastern New Century's current share price is NT$33.80. Far Eastern New Century's E10 for the quarter that ended in Mar. 2024 was NT$2.22. Far Eastern New Century's Shiller PE Ratio for today is 15.23.

The historical rank and industry rank for Far Eastern New Century's Shiller PE Ratio or its related term are showing as below:

TPE:1402' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.5   Med: 14.08   Max: 17.09
Current: 15.25

During the past years, Far Eastern New Century's highest Shiller PE Ratio was 17.09. The lowest was 10.50. And the median was 14.08.

TPE:1402's Shiller PE Ratio is ranked better than
57.42% of 627 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.32 vs TPE:1402: 15.25

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.

Far Eastern New Century's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.320. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$2.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Far Eastern New Century Shiller PE Ratio Historical Data

The historical data trend for Far Eastern New Century'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.

Far Eastern New Century Shiller PE Ratio Chart

Far Eastern New Century 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 14.34 14.56 14.15 - 14.23

Far Eastern New Century 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 13.49 14.66 12.70 14.23 14.93

Competitive Comparison of Far Eastern New Century's Shiller PE Ratio

For the Textile Manufacturing subindustry, Far Eastern New Century'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.


Far Eastern New Century's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Far Eastern New Century's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Far Eastern New Century's Shiller PE Ratio falls into.



Far Eastern New Century 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.

Far Eastern New Century's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=33.80/2.22
=15.23

* 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.

Far Eastern New Century's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Far Eastern New Century'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)
=0.32/131.7762*131.7762
=0.320

Current CPI (Mar. 2024) = 131.7762.

Far Eastern New Century Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.863 100.560 1.131
201409 0.570 100.428 0.748
201412 0.350 99.070 0.466
201503 0.530 99.621 0.701
201506 0.730 100.684 0.955
201509 0.150 100.392 0.197
201512 0.190 99.792 0.251
201603 0.170 100.470 0.223
201606 0.340 101.688 0.441
201609 0.270 101.861 0.349
201612 0.480 101.863 0.621
201703 0.260 102.862 0.333
201706 0.310 103.349 0.395
201709 0.720 104.136 0.911
201712 0.320 104.011 0.405
201803 0.490 105.290 0.613
201806 0.980 106.317 1.215
201809 0.690 106.507 0.854
201812 0.230 105.998 0.286
201903 0.400 107.251 0.491
201906 0.700 108.070 0.854
201909 0.590 108.329 0.718
201912 0.450 108.420 0.547
202003 0.300 108.902 0.363
202006 0.440 108.767 0.533
202009 0.600 109.815 0.720
202012 0.280 109.897 0.336
202103 0.540 111.754 0.637
202106 0.700 114.631 0.805
202109 0.450 115.734 0.512
202112 0.240 117.630 0.269
202203 0.550 121.301 0.597
202206 0.620 125.017 0.654
202209 0.460 125.227 0.484
202212 0.000 125.222 0.000
202303 0.290 127.348 0.300
202306 0.450 128.729 0.461
202309 0.400 129.860 0.406
202312 0.500 129.419 0.509
202403 0.320 131.776 0.320

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.


Far Eastern New Century  (TPE:1402) 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.


Far Eastern New Century Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Far Eastern New Century's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Far Eastern New Century (TPE:1402) Business Description

Traded in Other Exchanges
N/A
Address
No. 207, Tun Hwa South Road, 36th Floor, Taipei Metro Tower, Section 2, Taipei, TWN
Far Eastern New Century Corp is a Taiwan-based industrial holding company with operations that span Taiwan, China, Vietnam, the United States, and Southeast Asia. The company is organized into a business that includes telecommunication, polyester, textiles, property development, and others. The telecommunication business offers wireless telecommunications and cloud services and sells mobile equipment products. The petrochemical business mainly engages in the production and sales of PTA goods. The polyester business produces and sells various polyester and PET products. The textile business produces finished yarns, fabrics, and clothes. The company generates the majority of its revenue from its polyester segments, and most of its revenue is derived from Taiwan.

Far Eastern New Century (TPE:1402) Headlines

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