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T K (XKRX:023160) E10 : ₩598.60 (As of Mar. 2024)


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What is T K 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.

T K's adjusted earnings per share data for the three months ended in Mar. 2024 was ₩626.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩598.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, T K's average E10 Growth Rate was 19.90% per year. During the past 3 years, the average E10 Growth Rate was 3.50% per year. During the past 5 years, the average E10 Growth Rate was -4.50% 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 T K was 3.50% per year. The lowest was -26.80% per year. And the median was -13.30% per year.

As of today (2024-06-10), T K's current stock price is ₩12200.00. T K's E10 for the quarter that ended in Mar. 2024 was ₩598.60. T K's Shiller PE Ratio of today is 20.38.

During the past 13 years, the highest Shiller PE Ratio of T K was 41.32. The lowest was 6.77. And the median was 18.55.


T K E10 Historical Data

The historical data trend for T K'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.

T K E10 Chart

T K 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 521.94 499.19 452.99 462.57 554.26

T K 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 499.06 510.66 547.58 554.26 598.60

Competitive Comparison of T K's E10

For the Metal Fabrication subindustry, T K'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.


T K's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, T K's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where T K's Shiller PE Ratio falls into.



T K 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, T K'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)
=626/118.8477*118.8477
=626.000

Current CPI (Mar. 2024) = 118.8477.

T K Quarterly Data

per share eps CPI Adj_EPS
201406 72.826 99.353 87.116
201409 101.956 99.608 121.649
201412 25.654 99.098 30.767
201503 -21.000 99.720 -25.028
201506 270.000 100.050 320.728
201509 299.000 100.110 354.964
201512 37.000 100.220 43.877
201603 71.000 100.560 83.912
201606 142.000 100.790 167.441
201609 -141.000 101.460 -165.164
201612 234.000 101.560 273.832
201703 -212.000 102.850 -244.975
201706 153.000 102.610 177.212
201709 -435.000 103.490 -499.553
201712 -132.000 102.990 -152.324
201803 118.000 104.100 134.717
201806 206.000 104.130 235.116
201809 33.000 105.650 37.122
201812 32.000 104.350 36.446
201903 151.000 104.490 171.749
201906 145.000 104.880 164.311
201909 136.000 105.200 153.643
201912 -147.000 105.120 -166.197
202003 81.000 105.540 91.213
202006 8.000 104.870 9.066
202009 13.000 106.200 14.548
202012 -297.000 105.765 -333.736
202103 129.000 107.357 142.807
202106 84.000 107.579 92.799
202109 262.000 108.759 286.303
202112 112.000 109.676 121.366
202203 297.000 111.806 315.706
202206 467.000 114.083 486.505
202209 336.000 114.831 347.752
202212 283.000 115.200 291.960
202303 749.000 116.550 763.769
202306 659.000 117.140 668.608
202309 444.000 119.111 443.018
202312 277.000 118.848 277.000
202403 626.000 118.848 626.000

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


T K  (XKRX:023160) 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.

T K's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12200.00/598.6
=20.38

* 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 T K was 41.32. The lowest was 6.77. And the median was 18.55.


Be Aware

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


T K E10 Related Terms

Thank you for viewing the detailed overview of T K's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


T K (XKRX:023160) Business Description

Traded in Other Exchanges
N/A
Address
117-12 Noksansaneop-daero, Gangseo-Gu, Busan, KOR, 618-817
T K Corp is engaged in manufacturing Butt Weld Pipe Fittings for oil and gas, chemical and petrochemical, power plant and shipbuilding business. It manufactures steel pipes and various types of pipe fittings. The products are supplied to LG Philips, SK Hynix, and ARAMCO. The company was awarded many times for its high-quality products.

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