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Lu Hai Holding (TPE:2115) E10 : NT$3.49 (As of Mar. 2024)


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What is Lu Hai Holding 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.

Lu Hai Holding's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$3.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lu Hai Holding's average E10 Growth Rate was 1.20% 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.

As of today (2024-06-10), Lu Hai Holding's current stock price is NT$33.50. Lu Hai Holding's E10 for the quarter that ended in Mar. 2024 was NT$3.49. Lu Hai Holding's Shiller PE Ratio of today is 9.60.

During the past 13 years, the highest Shiller PE Ratio of Lu Hai Holding was 12.19. The lowest was 5.37. And the median was 9.05.


Lu Hai Holding E10 Historical Data

The historical data trend for Lu Hai Holding'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.

Lu Hai Holding E10 Chart

Lu Hai Holding 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 - - 7.27 3.33 3.45

Lu Hai Holding 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 3.45 3.46 3.48 3.45 3.49

Competitive Comparison of Lu Hai Holding's E10

For the Auto Parts subindustry, Lu Hai Holding'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.


Lu Hai Holding's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lu Hai Holding's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Lu Hai Holding's Shiller PE Ratio falls into.



Lu Hai Holding 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, Lu Hai Holding'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)
=0.39/131.7762*131.7762
=0.390

Current CPI (Mar. 2024) = 131.7762.

Lu Hai Holding Quarterly Data

per share eps CPI Adj_EPS
201406 0.705 100.560 0.924
201409 0.615 100.428 0.807
201412 0.607 99.070 0.807
201503 0.615 99.621 0.814
201506 0.622 100.684 0.814
201509 0.630 100.392 0.827
201512 0.540 99.792 0.713
201603 0.622 100.470 0.816
201606 0.795 101.688 1.030
201609 0.759 101.861 0.982
201612 0.833 101.863 1.078
201703 0.816 102.862 1.045
201706 0.701 103.349 0.894
201709 0.528 104.136 0.668
201712 0.544 104.011 0.689
201803 0.280 105.290 0.350
201806 0.478 106.317 0.592
201809 0.554 106.507 0.685
201812 0.762 105.998 0.947
201903 0.545 107.251 0.670
201906 0.502 108.070 0.612
201909 0.673 108.329 0.819
201912 0.700 108.420 0.851
202003 0.400 108.902 0.484
202006 3.655 108.767 4.428
202009 0.780 109.815 0.936
202012 1.130 109.897 1.355
202103 1.020 111.754 1.203
202106 1.100 114.631 1.265
202109 0.930 115.734 1.059
202112 0.960 117.630 1.075
202203 0.490 121.301 0.532
202206 0.620 125.017 0.654
202209 0.540 125.227 0.568
202212 0.630 125.222 0.663
202303 1.210 127.348 1.252
202306 0.060 128.729 0.061
202309 0.120 129.860 0.122
202312 0.370 129.419 0.377
202403 0.390 131.776 0.390

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


Lu Hai Holding  (TPE:2115) 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.

Lu Hai Holding's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=33.50/3.49
=9.60

* 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 Lu Hai Holding was 12.19. The lowest was 5.37. And the median was 9.05.


Be Aware

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


Lu Hai Holding E10 Related Terms

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


Lu Hai Holding (TPE:2115) Business Description

Traded in Other Exchanges
N/A
Address
No. 64, Shing-Kong 5th Road, Tien-Chung Industrial District, Tien-Chung, Chang-Hua, TWN
Lu Hai Holding Corp operates in the auto parts industry. It is engaged in the production, processing and sale of tire valves and accessories The company serves the tire, automobile, truck and agriculture vehicles industry.

Lu Hai Holding (TPE:2115) Headlines

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