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Koryo Electronics Co (ROCO:8032) E10 : NT$2.80 (As of Mar. 2024)


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What is Koryo Electronics Co E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Koryo Electronics Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Koryo Electronics Co's average E10 Growth Rate was -9.70% per year. During the past 3 years, the average E10 Growth Rate was 1.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Koryo Electronics Co was 1.30% per year. The lowest was 1.00% per year. And the median was 1.15% per year.

As of today (2024-06-10), Koryo Electronics Co's current stock price is NT$29.10. Koryo Electronics Co's E10 for the quarter that ended in Mar. 2024 was NT$2.80. Koryo Electronics Co's Shiller PE Ratio of today is 10.39.

During the past 13 years, the highest Shiller PE Ratio of Koryo Electronics Co was 11.24. The lowest was 6.79. And the median was 9.31.


Koryo Electronics Co E10 Historical Data

The historical data trend for Koryo Electronics Co's E10 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.

Koryo Electronics Co E10 Chart

Koryo Electronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.04 2.78 2.91 3.16 2.86

Koryo Electronics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 3.10 3.04 2.98 2.86 2.80

Competitive Comparison of Koryo Electronics Co's E10

For the Computer Hardware subindustry, Koryo Electronics 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.


Koryo Electronics Co's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Koryo Electronics Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Koryo Electronics 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)
=0.28/131.7762*131.7762
=0.280

Current CPI (Mar. 2024) = 131.7762.

Koryo Electronics Co Quarterly Data

per share eps CPI Adj_EPS
201406 1.120 100.560 1.468
201409 0.680 100.428 0.892
201412 0.890 99.070 1.184
201503 0.370 99.621 0.489
201506 0.520 100.684 0.681
201509 1.140 100.392 1.496
201512 0.510 99.792 0.673
201603 0.510 100.470 0.669
201606 0.590 101.688 0.765
201609 0.510 101.861 0.660
201612 0.710 101.863 0.919
201703 -0.110 102.862 -0.141
201706 1.050 103.349 1.339
201709 0.690 104.136 0.873
201712 0.590 104.011 0.747
201803 0.380 105.290 0.476
201806 1.020 106.317 1.264
201809 0.830 106.507 1.027
201812 0.580 105.998 0.721
201903 0.410 107.251 0.504
201906 0.420 108.070 0.512
201909 0.480 108.329 0.584
201912 0.170 108.420 0.207
202003 0.210 108.902 0.254
202006 0.340 108.767 0.412
202009 0.270 109.815 0.324
202012 0.440 109.897 0.528
202103 0.440 111.754 0.519
202106 1.030 114.631 1.184
202109 0.710 115.734 0.808
202112 0.710 117.630 0.795
202203 1.030 121.301 1.119
202206 1.210 125.017 1.275
202209 1.340 125.227 1.410
202212 -0.080 125.222 -0.084
202303 0.250 127.348 0.259
202306 0.640 128.729 0.655
202309 0.520 129.860 0.528
202312 -0.240 129.419 -0.244
202403 0.280 131.776 0.280

Add all the adjusted EPS together and divide 10 will get our e10.


Koryo Electronics Co  (ROCO:8032) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Koryo Electronics Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=29.10/2.8
=10.39

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Koryo Electronics Co was 11.24. The lowest was 6.79. And the median was 9.31.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Koryo Electronics Co E10 Related Terms

Thank you for viewing the detailed overview of Koryo Electronics Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Koryo Electronics Co (ROCO:8032) Business Description

Traded in Other Exchanges
N/A
Address
No.79, Xintai 5th Road, Xintai 5th Road, 9th Floor, Section 1, Xizhi District, New Taipei City, TWN, 22101
Koryo Electronics Co Ltd is a Taiwan-based company that engages in the production and import/export of computers and computer peripherals. It is also involved in the manufacture and sale of electronic parts and components, electric appliances, and components.

Koryo Electronics Co (ROCO:8032) Headlines

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