GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pou Chen Corp (TPE:9904) » Definitions » E10

Pou Chen (TPE:9904) E10 : NT$4.53 (As of Mar. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Pou Chen 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.

Pou Chen's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$1.580. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$4.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pou Chen's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 7.10% 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 Pou Chen was 7.10% per year. The lowest was 5.70% per year. And the median was 6.40% per year.

As of today (2024-05-17), Pou Chen's current stock price is NT$38.95. Pou Chen's E10 for the quarter that ended in Mar. 2024 was NT$4.53. Pou Chen's Shiller PE Ratio of today is 8.60.

During the past 13 years, the highest Shiller PE Ratio of Pou Chen was 10.91. The lowest was 6.10. And the median was 7.69.


Pou Chen E10 Historical Data

The historical data trend for Pou Chen'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.

Pou Chen E10 Chart

Pou Chen 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 3.64 3.53 4.04 4.30 4.34

Pou Chen 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 4.34 4.39 4.47 4.34 4.53

Competitive Comparison of Pou Chen's E10

For the Footwear & Accessories subindustry, Pou Chen'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.


Pou Chen's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pou Chen's Shiller PE Ratio distribution charts can be found below:

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



Pou Chen 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, Pou Chen'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)
=1.58/131.7762*131.7762
=1.580

Current CPI (Mar. 2024) = 131.7762.

Pou Chen Quarterly Data

per share eps CPI Adj_EPS
201406 0.380 100.560 0.498
201409 1.310 100.428 1.719
201412 0.820 99.070 1.091
201503 0.690 99.621 0.913
201506 0.880 100.684 1.152
201509 1.180 100.392 1.549
201512 0.390 99.792 0.515
201603 0.990 100.470 1.298
201606 0.710 101.688 0.920
201609 1.230 101.861 1.591
201612 1.360 101.863 1.759
201703 0.540 102.862 0.692
201706 0.870 103.349 1.109
201709 1.580 104.136 1.999
201712 1.300 104.011 1.647
201803 0.690 105.290 0.864
201806 0.960 106.317 1.190
201809 1.220 106.507 1.509
201812 0.750 105.998 0.932
201903 0.990 107.251 1.216
201906 1.370 108.070 1.671
201909 1.480 108.329 1.800
201912 0.160 108.420 0.194
202003 0.400 108.902 0.484
202006 -0.180 108.767 -0.218
202009 1.140 109.815 1.368
202012 0.280 109.897 0.336
202103 2.130 111.754 2.512
202106 1.250 114.631 1.437
202109 0.870 115.734 0.991
202112 0.640 117.630 0.717
202203 1.570 121.301 1.706
202206 1.710 125.017 1.802
202209 1.940 125.227 2.041
202212 -0.940 125.222 -0.989
202303 0.340 127.348 0.352
202306 1.180 128.729 1.208
202309 2.060 129.860 2.090
202312 0.020 129.419 0.020
202403 1.580 131.776 1.580

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


Pou Chen  (TPE:9904) 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.

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

Shiller PE Ratio=Share Price/E10
=38.95/4.53
=8.60

* 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 Pou Chen was 10.91. The lowest was 6.10. And the median was 7.69.


Be Aware

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


Pou Chen E10 Related Terms

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


Pou Chen (TPE:9904) Business Description

Traded in Other Exchanges
N/A
Address
No. 600, Section 4, Taiwan Blvd, Xitun District, Taichung, TWN, 40764
Pou Chen Corp is engaged in the manufacturing and sale of shoes and the import and export of related products and materials. The firm also invests in the shoes and electronics industries. Its business is Footwear Business, Retail Business, and Other Business.

Pou Chen (TPE:9904) Headlines

No Headlines