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Pacific Construction Co (TPE:2506) E10 : NT$0.41 (As of Mar. 2024)


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What is Pacific Construction 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.

Pacific Construction Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$-0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pacific Construction Co's average E10 Growth Rate was -38.80% per year. During the past 3 years, the average E10 Growth Rate was -4.90% 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 Pacific Construction Co was -0.50% per year. The lowest was -4.90% per year. And the median was -2.70% per year.

As of today (2024-06-03), Pacific Construction Co's current stock price is NT$12.65. Pacific Construction Co's E10 for the quarter that ended in Mar. 2024 was NT$0.41. Pacific Construction Co's Shiller PE Ratio of today is 30.85.

During the past 13 years, the highest Shiller PE Ratio of Pacific Construction Co was 32.93. The lowest was 12.97. And the median was 17.46.


Pacific Construction Co E10 Historical Data

The historical data trend for Pacific Construction 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.

Pacific Construction Co E10 Chart

Pacific Construction 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 0.64 0.50 - 0.63 0.43

Pacific Construction 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 0.67 0.60 0.63 0.43 0.41

Competitive Comparison of Pacific Construction Co's E10

For the Real Estate - Development subindustry, Pacific Construction 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.


Pacific Construction Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Pacific Construction Co's Shiller PE Ratio distribution charts can be found below:

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



Pacific Construction 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, Pacific Construction 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)
=-0.17/131.7762*131.7762
=-0.170

Current CPI (Mar. 2024) = 131.7762.

Pacific Construction Co Quarterly Data

per share eps CPI Adj_EPS
201406 -0.250 100.560 -0.328
201409 0.820 100.428 1.076
201412 0.250 99.070 0.333
201503 0.310 99.621 0.410
201506 0.040 100.684 0.052
201509 0.050 100.392 0.066
201512 -0.090 99.792 -0.119
201603 0.050 100.470 0.066
201606 0.180 101.688 0.233
201609 0.420 101.861 0.543
201612 -0.320 101.863 -0.414
201703 0.240 102.862 0.307
201706 -0.130 103.349 -0.166
201709 0.010 104.136 0.013
201712 -0.090 104.011 -0.114
201803 -0.070 105.290 -0.088
201806 -0.180 106.317 -0.223
201809 0.030 106.507 0.037
201812 0.720 105.998 0.895
201903 -0.080 107.251 -0.098
201906 -0.160 108.070 -0.195
201909 0.120 108.329 0.146
201912 -0.130 108.420 -0.158
202003 -0.190 108.902 -0.230
202006 -0.030 108.767 -0.036
202009 -0.180 109.815 -0.216
202012 0.250 109.897 0.300
202103 0.400 111.754 0.472
202106 -0.140 114.631 -0.161
202109 -0.005 115.734 -0.006
202112 0.000 117.630 0.000
202203 -0.110 121.301 -0.119
202206 2.170 125.017 2.287
202209 0.040 125.227 0.042
202212 -0.520 125.222 -0.547
202303 0.130 127.348 0.135
202306 -0.240 128.729 -0.246
202309 0.190 129.860 0.193
202312 0.030 129.419 0.031
202403 -0.170 131.776 -0.170

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


Pacific Construction Co  (TPE:2506) 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.

Pacific Construction Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.65/0.41
=30.85

* 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 Pacific Construction Co was 32.93. The lowest was 12.97. And the median was 17.46.


Be Aware

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


Pacific Construction Co E10 Related Terms

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


Pacific Construction Co (TPE:2506) Business Description

Traded in Other Exchanges
N/A
Address
No. 495, Guangfu South Road, Xinyi District, Taipei, TWN, 110
Pacific Construction Co Ltd is engaged in the development and construction of real estate properties. The company's operating segment includes Construction; Leasing and Property Management. It generates maximum revenue from the Construction segment. Geographically, it derives a majority of its revenue from Taiwan.

Pacific Construction Co (TPE:2506) Headlines

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