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Argosy Research (ROCO:3217) Shiller PE Ratio : 29.49 (As of May. 21, 2024)


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What is Argosy Research Shiller PE Ratio?

As of today (2024-05-21), Argosy Research's current share price is NT$162.50. Argosy Research's E10 for the quarter that ended in Mar. 2024 was NT$5.51. Argosy Research's Shiller PE Ratio for today is 29.49.

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

ROCO:3217' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.73   Med: 30.15   Max: 50.29
Current: 29.32

During the past years, Argosy Research's highest Shiller PE Ratio was 50.29. The lowest was 13.73. And the median was 30.15.

ROCO:3217's Shiller PE Ratio is ranked worse than
59.42% of 1385 companies
in the Hardware industry
Industry Median: 24.4 vs ROCO:3217: 29.32

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.

Argosy Research's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$2.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$5.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Argosy Research Shiller PE Ratio Historical Data

The historical data trend for Argosy Research'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.

Argosy Research Shiller PE Ratio Chart

Argosy Research 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 28.93 39.25 37.35 18.17 32.88

Argosy Research 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 24.49 27.27 26.43 32.88 32.86

Competitive Comparison of Argosy Research's Shiller PE Ratio

For the Computer Hardware subindustry, Argosy Research'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.


Argosy Research's Shiller PE Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Argosy Research's Shiller PE Ratio falls into.



Argosy Research 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.

Argosy Research's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=162.50/5.51
=29.49

* 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.

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

For example, Argosy Research'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)
=2.22/131.7762*131.7762
=2.220

Current CPI (Mar. 2024) = 131.7762.

Argosy Research Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.403 100.560 0.528
201409 0.521 100.428 0.684
201412 0.386 99.070 0.513
201503 0.196 99.621 0.259
201506 0.138 100.684 0.181
201509 0.589 100.392 0.773
201512 0.167 99.792 0.221
201603 0.196 100.470 0.257
201606 0.344 101.688 0.446
201609 0.982 101.861 1.270
201612 0.740 101.863 0.957
201703 0.275 102.862 0.352
201706 0.658 103.349 0.839
201709 1.257 104.136 1.591
201712 0.685 104.011 0.868
201803 0.550 105.290 0.688
201806 0.933 106.317 1.156
201809 1.257 106.507 1.555
201812 0.794 105.998 0.987
201903 0.648 107.251 0.796
201906 1.100 108.070 1.341
201909 1.930 108.329 2.348
201912 1.604 108.420 1.950
202003 1.420 108.902 1.718
202006 1.960 108.767 2.375
202009 1.950 109.815 2.340
202012 1.865 109.897 2.236
202103 1.550 111.754 1.828
202106 1.470 114.631 1.690
202109 2.350 115.734 2.676
202112 1.743 117.630 1.953
202203 1.800 121.301 1.955
202206 1.740 125.017 1.834
202209 2.200 125.227 2.315
202212 1.053 125.222 1.108
202303 1.070 127.348 1.107
202306 1.750 128.729 1.791
202309 3.190 129.860 3.237
202312 2.099 129.419 2.137
202403 2.220 131.776 2.220

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.


Argosy Research  (ROCO:3217) 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.


Argosy Research Shiller PE Ratio Related Terms

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Argosy Research (ROCO:3217) Business Description

Traded in Other Exchanges
N/A
Address
No. 15-3, Neo Pu South Road, Hsinchu, TWN
Argosy Research Inc designs & manufactures storage & mobile technology products. Its products include media players, external hard disks, external optical devices, NB interface cards, and surveillance products & connectors.

Argosy Research (ROCO:3217) Headlines

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