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Aaeon Technology (TPE:6579) E10 : NT$8.91 (As of Mar. 2024)


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What is Aaeon Technology 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.

Aaeon Technology's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$3.580. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$8.91 for the trailing ten years ended in Mar. 2024.

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 (2024-06-02), Aaeon Technology's current stock price is NT$173.00. Aaeon Technology's E10 for the quarter that ended in Mar. 2024 was NT$8.91. Aaeon Technology's Shiller PE Ratio of today is 19.42.

During the past 13 years, the highest Shiller PE Ratio of Aaeon Technology was 19.92. The lowest was 14.89. And the median was 17.87.


Aaeon Technology E10 Historical Data

The historical data trend for Aaeon Technology'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.

Aaeon Technology E10 Chart

Aaeon Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Aaeon Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - 8.73 8.91

Competitive Comparison of Aaeon Technology's E10

For the Computer Hardware subindustry, Aaeon Technology'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.


Aaeon Technology's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Aaeon Technology 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, Aaeon Technology'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)
=3.58/131.7762*131.7762
=3.580

Current CPI (Mar. 2024) = 131.7762.

Aaeon Technology Quarterly Data

per share eps CPI Adj_EPS
200712 4.090 88.616 6.082
200812 4.160 88.697 6.180
200912 3.400 91.111 4.917
201012 0.000 92.474 0.000
201412 4.020 99.070 5.347
201506 1.390 100.684 1.819
201509 1.100 100.392 1.444
201512 0.910 99.792 1.202
201603 1.150 100.470 1.508
201606 1.340 101.688 1.736
201609 1.450 101.861 1.876
201612 1.330 101.863 1.721
201703 0.850 102.862 1.089
201706 2.140 103.349 2.729
201709 1.230 104.136 1.556
201712 1.370 104.011 1.736
201803 2.550 105.290 3.191
201806 2.940 106.317 3.644
201809 0.670 106.507 0.829
201812 0.670 105.998 0.833
201903 2.150 107.251 2.642
201906 0.550 108.070 0.671
201909 0.730 108.329 0.888
201912 1.700 108.420 2.066
202003 -0.330 108.902 -0.399
202006 2.160 108.767 2.617
202009 0.660 109.815 0.792
202012 1.070 109.897 1.283
202103 0.340 111.754 0.401
202106 0.190 114.631 0.218
202109 0.870 115.734 0.991
202112 2.790 117.630 3.126
202203 1.200 121.301 1.304
202206 2.710 125.017 2.857
202209 3.280 125.227 3.452
202212 2.690 125.222 2.831
202303 2.830 127.348 2.928
202306 2.750 128.729 2.815
202309 2.330 129.860 2.364
202403 3.580 131.776 3.580

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


Aaeon Technology  (TPE:6579) 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.

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

Shiller PE Ratio=Share Price/E10
=173.00/8.91
=19.42

* 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 Aaeon Technology was 19.92. The lowest was 14.89. And the median was 17.87.


Be Aware

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


Aaeon Technology E10 Related Terms

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


Aaeon Technology (TPE:6579) Business Description

Traded in Other Exchanges
N/A
Address
No. 135, Lane 235, Baoqiao Road, 5th Floor, Xindian District, New Taipei, TWN, 231
Aaeon Technology Inc is engaged in manufacturing, processing and imports and exports of computer peripherals, electronic components, computer test instruments, computer PCB functional testing, and radio telecommunication equipment and its components; the R&D, design, manufacturing, processing and trading of various industrial computers, medical computers, industrial controllers, quantity controllers and components; industrial computer automation design and services, as well as the import/export of related materials. The operating segment includes IPC and Medical PC, geographical presence of the company is in Taiwan, China, Singapore, USA and Europe.

Aaeon Technology (TPE:6579) Headlines

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