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Synaptics (STU:SJN) E10 : €1.58 (As of Mar. 2024)


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What is Synaptics 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.

Synaptics's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.423. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Synaptics's average E10 Growth Rate was -20.10% per year. During the past 3 years, the average E10 Growth Rate was 11.30% per year. During the past 5 years, the average E10 Growth Rate was 9.20% per year. During the past 10 years, the average E10 Growth Rate was 2.30% 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 Synaptics was 18.80% per year. The lowest was -11.30% per year. And the median was 10.30% per year.

As of today (2024-05-23), Synaptics's current stock price is €85.86. Synaptics's E10 for the quarter that ended in Mar. 2024 was €1.58. Synaptics's Shiller PE Ratio of today is 54.34.

During the past 13 years, the highest Shiller PE Ratio of Synaptics was 182.90. The lowest was 18.89. And the median was 45.62.


Synaptics E10 Historical Data

The historical data trend for Synaptics'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.

Synaptics E10 Chart

Synaptics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 1.22 1.22 2.01 1.75

Synaptics 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 1.97 1.75 1.51 1.46 1.58

Competitive Comparison of Synaptics's E10

For the Semiconductors subindustry, Synaptics'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.


Synaptics's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Synaptics's Shiller PE Ratio distribution charts can be found below:

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



Synaptics 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, Synaptics'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)
=-0.423/131.7762*131.7762
=-0.423

Current CPI (Mar. 2024) = 131.7762.

Synaptics Quarterly Data

per share eps CPI Adj_EPS
201406 0.655 100.560 0.858
201409 0.528 100.428 0.693
201412 0.446 99.070 0.593
201503 0.758 99.621 1.003
201506 0.757 100.684 0.991
201509 0.552 100.392 0.725
201512 0.854 99.792 1.128
201603 0.485 100.470 0.636
201606 -0.169 101.688 -0.219
201609 0.089 101.861 0.115
201612 0.607 101.863 0.785
201703 0.122 102.862 0.156
201706 0.454 103.349 0.579
201709 -0.663 104.136 -0.839
201712 -2.045 104.011 -2.591
201803 -0.324 105.290 -0.406
201806 -0.034 106.317 -0.042
201809 0.094 106.507 0.116
201812 0.316 105.998 0.393
201903 0.168 107.251 0.206
201906 -1.195 108.070 -1.457
201909 0.109 108.329 0.133
201912 0.522 108.420 0.634
202003 0.127 108.902 0.154
202006 2.264 108.767 2.743
202009 -0.068 109.815 -0.082
202012 1.118 109.897 1.341
202103 0.294 111.754 0.347
202106 0.398 114.631 0.458
202109 0.842 115.734 0.959
202112 1.513 117.630 1.695
202203 1.444 121.301 1.569
202206 1.930 125.017 2.034
202209 1.606 125.227 1.690
202212 0.519 125.222 0.546
202303 0.243 127.348 0.251
202306 -0.545 128.729 -0.558
202309 -1.340 129.860 -1.360
202312 -0.211 129.419 -0.215
202403 -0.423 131.776 -0.423

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


Synaptics  (STU:SJN) 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.

Synaptics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=85.86/1.58
=54.34

* 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 Synaptics was 182.90. The lowest was 18.89. And the median was 45.62.


Be Aware

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


Synaptics E10 Related Terms

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


Synaptics (STU:SJN) Business Description

Traded in Other Exchanges
Address
1109 McKay Drive, San Jose, CA, USA, 95131
Synaptics Inc is a global producer of semiconductor solutions for the mobile, PC, and Internet of Things markets. The company develops human interface solutions that enable touch, display, fingerprint, video, audio, voice, AI, and connectivity functions for smartphones, PCs, Internet of Things products, and other electronic devices. Geographically, it derives a majority of revenue from China. The company operates in one segment: the development, marketing, and sale of semiconductor products used in electronic devices and products.

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