GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wah Hong Industrial Corp (ROCO:8240) » Definitions » Shiller PE Ratio

Wah Hong Industrial (ROCO:8240) Shiller PE Ratio : 36.05 (As of Jun. 03, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Wah Hong Industrial Shiller PE Ratio?

As of today (2024-06-03), Wah Hong Industrial's current share price is NT$37.85. Wah Hong Industrial's E10 for the quarter that ended in Mar. 2024 was NT$1.05. Wah Hong Industrial's Shiller PE Ratio for today is 36.05.

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

ROCO:8240' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.98   Med: 30.19   Max: 40.78
Current: 36.24

During the past years, Wah Hong Industrial's highest Shiller PE Ratio was 40.78. The lowest was 10.98. And the median was 30.19.

ROCO:8240's Shiller PE Ratio is ranked worse than
67.32% of 1386 companies
in the Hardware industry
Industry Median: 24.38 vs ROCO:8240: 36.24

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.

Wah Hong Industrial's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$1.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wah Hong Industrial Shiller PE Ratio Historical Data

The historical data trend for Wah Hong Industrial'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.

Wah Hong Industrial Shiller PE Ratio Chart

Wah Hong Industrial 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 18.00 30.95 30.71 29.80 32.11

Wah Hong Industrial 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 29.74 31.64 35.95 32.11 33.28

Competitive Comparison of Wah Hong Industrial's Shiller PE Ratio

For the Electronic Components subindustry, Wah Hong Industrial'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.


Wah Hong Industrial's Shiller PE Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Wah Hong Industrial's Shiller PE Ratio falls into.



Wah Hong Industrial 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.

Wah Hong Industrial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=37.85/1.05
=36.05

* 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.

Wah Hong Industrial's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Wah Hong Industrial'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)
=0.36/131.7762*131.7762
=0.360

Current CPI (Mar. 2024) = 131.7762.

Wah Hong Industrial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.680 100.560 0.891
201409 0.640 100.428 0.840
201412 -0.140 99.070 -0.186
201503 0.090 99.621 0.119
201506 -0.490 100.684 -0.641
201509 0.070 100.392 0.092
201512 0.340 99.792 0.449
201603 -0.470 100.470 -0.616
201606 -1.280 101.688 -1.659
201609 -0.920 101.861 -1.190
201612 -4.100 101.863 -5.304
201703 0.020 102.862 0.026
201706 -0.530 103.349 -0.676
201709 0.200 104.136 0.253
201712 0.790 104.011 1.001
201803 -0.050 105.290 -0.063
201806 0.840 106.317 1.041
201809 0.640 106.507 0.792
201812 0.070 105.998 0.087
201903 0.080 107.251 0.098
201906 0.320 108.070 0.390
201909 1.010 108.329 1.229
201912 0.680 108.420 0.826
202003 0.350 108.902 0.424
202006 0.420 108.767 0.509
202009 0.690 109.815 0.828
202012 0.730 109.897 0.875
202103 0.970 111.754 1.144
202106 0.190 114.631 0.218
202109 0.820 115.734 0.934
202112 2.280 117.630 2.554
202203 0.670 121.301 0.728
202206 0.970 125.017 1.022
202209 0.610 125.227 0.642
202212 0.360 125.222 0.379
202303 0.040 127.348 0.041
202306 1.040 128.729 1.065
202309 0.590 129.860 0.599
202312 0.360 129.419 0.367
202403 0.360 131.776 0.360

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.


Wah Hong Industrial  (ROCO:8240) 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.


Wah Hong Industrial Shiller PE Ratio Related Terms

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


Wah Hong Industrial (ROCO:8240) Business Description

Traded in Other Exchanges
N/A
Address
Chung Cheng 4th Road, 6&7, 11 Floor, No.235, Kaohsiung, TWN
Wah Hong Industrial Corp is engaged in manufacturing composite materials and plastics to support sporting equipment, automobile, and electronics industries. The company offers photoelectric material, precision coating, cooling material, semiconductor chemical mechanical polishing machining and others. The activities are functioned through Taiwan, however, it also holds a presence in international market.

Wah Hong Industrial (ROCO:8240) Headlines

No Headlines