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Asix Electronics (ROCO:3169) Shiller PE Ratio : 35.26 (As of Jun. 03, 2024)


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What is Asix Electronics Shiller PE Ratio?

As of today (2024-06-03), Asix Electronics's current share price is NT$128.00. Asix Electronics's E10 for the quarter that ended in Mar. 2024 was NT$3.63. Asix Electronics's Shiller PE Ratio for today is 35.26.

The historical rank and industry rank for Asix Electronics's Shiller PE Ratio or its related term are showing as below:

ROCO:3169' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.54   Med: 35.09   Max: 107.92
Current: 35.24

During the past years, Asix Electronics's highest Shiller PE Ratio was 107.92. The lowest was 12.54. And the median was 35.09.

ROCO:3169's Shiller PE Ratio is ranked worse than
59.18% of 512 companies
in the Semiconductors industry
Industry Median: 28.44 vs ROCO:3169: 35.24

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Asix Electronics's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.790. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$3.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asix Electronics Shiller PE Ratio Historical Data

The historical data trend for Asix Electronics's Shiller PE Ratio 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.

Asix Electronics Shiller PE Ratio Chart

Asix Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.41 26.59 99.13 29.75 37.83

Asix Electronics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio 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 36.56 36.17 32.65 37.83 34.55

Competitive Comparison of Asix Electronics's Shiller PE Ratio

For the Semiconductors subindustry, Asix Electronics'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.


Asix Electronics's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Asix Electronics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Asix Electronics's Shiller PE Ratio falls into.



Asix Electronics Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Asix Electronics's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=128.00/3.63
=35.26

* 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.

Asix Electronics's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Asix Electronics'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)
=0.79/131.7762*131.7762
=0.790

Current CPI (Mar. 2024) = 131.7762.

Asix Electronics Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.322 100.560 0.422
201409 0.378 100.428 0.496
201412 0.511 99.070 0.680
201503 0.244 99.621 0.323
201506 0.089 100.684 0.116
201509 0.467 100.392 0.613
201512 0.522 99.792 0.689
201603 0.222 100.470 0.291
201606 0.311 101.688 0.403
201609 0.400 101.861 0.517
201612 0.356 101.863 0.461
201703 0.411 102.862 0.527
201706 0.589 103.349 0.751
201709 0.556 104.136 0.704
201712 0.489 104.011 0.620
201803 0.300 105.290 0.375
201806 0.600 106.317 0.744
201809 0.656 106.507 0.812
201812 0.889 105.998 1.105
201903 0.689 107.251 0.847
201906 0.767 108.070 0.935
201909 0.650 108.329 0.791
201912 0.630 108.420 0.766
202003 0.390 108.902 0.472
202006 0.670 108.767 0.812
202009 0.830 109.815 0.996
202012 1.140 109.897 1.367
202103 1.110 111.754 1.309
202106 1.220 114.631 1.402
202109 1.960 115.734 2.232
202112 1.990 117.630 2.229
202203 1.860 121.301 2.021
202206 1.720 125.017 1.813
202209 1.620 125.227 1.705
202212 1.400 125.222 1.473
202303 0.740 127.348 0.766
202306 0.950 128.729 0.972
202309 0.910 129.860 0.923
202312 1.040 129.419 1.059
202403 0.790 131.776 0.790

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


Asix Electronics  (ROCO:3169) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Asix Electronics Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Asix Electronics's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Asix Electronics (ROCO:3169) Business Description

Traded in Other Exchanges
N/A
Address
4F, No. 8, Hsin Ann Road, Hsinchu Science Park, Hsinchu, TWN, 300
Asix Electronics Corp Ltd specializes in network connectivity solutions and provides Ethernet-centric silicon products such as Non-PCI Ethernet controllers, USB-to-LAN controllers, EtherCAT/Industrial Ethernet controllers, Network/USB KVM Switch SoC, I/O Connectivity and Embedded Wireless modules for industrial/embedded networking applications.

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