GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hon Hai Precision Industry Co Ltd (TPE:2317) » Definitions » Shiller PE Ratio

Hon Hai Precision Industry Co (TPE:2317) Shiller PE Ratio : 13.98 (As of May. 04, 2024)


View and export this data going back to 1991. Start your Free Trial

What is Hon Hai Precision Industry Co Shiller PE Ratio?

As of today (2024-05-04), Hon Hai Precision Industry Co's current share price is NT$156.00. Hon Hai Precision Industry Co's E10 for the quarter that ended in Dec. 2023 was NT$11.16. Hon Hai Precision Industry Co's Shiller PE Ratio for today is 13.98.

The historical rank and industry rank for Hon Hai Precision Industry Co's Shiller PE Ratio or its related term are showing as below:

TPE:2317' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.88   Med: 10.1   Max: 18.91
Current: 13.89

During the past years, Hon Hai Precision Industry Co's highest Shiller PE Ratio was 18.91. The lowest was 7.88. And the median was 10.10.

TPE:2317's Shiller PE Ratio is ranked better than
75.29% of 1380 companies
in the Hardware industry
Industry Median: 23.795 vs TPE:2317: 13.89

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.

Hon Hai Precision Industry Co's adjusted earnings per share data for the three months ended in Dec. 2023 was NT$3.750. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$11.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hon Hai Precision Industry Co Shiller PE Ratio Historical Data

The historical data trend for Hon Hai Precision Industry Co'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.

Hon Hai Precision Industry Co Shiller PE Ratio Chart

Hon Hai Precision Industry Co 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 10.20 10.12 10.40 9.26 9.37

Hon Hai Precision Industry Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9.26 9.54 10.17 9.26 9.37

Competitive Comparison of Hon Hai Precision Industry Co's Shiller PE Ratio

For the Electronic Components subindustry, Hon Hai Precision Industry Co'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.


Hon Hai Precision Industry Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hon Hai Precision Industry Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hon Hai Precision Industry Co's Shiller PE Ratio falls into.



Hon Hai Precision Industry Co 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.

Hon Hai Precision Industry Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=156.00/11.16
=13.98

* 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.

Hon Hai Precision Industry Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Hon Hai Precision Industry Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.75/129.4194*129.4194
=3.750

Current CPI (Dec. 2023) = 129.4194.

Hon Hai Precision Industry Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.429 99.695 1.855
201406 1.396 100.560 1.797
201409 2.489 100.428 3.208
201412 4.091 99.070 5.344
201503 2.205 99.621 2.865
201506 1.682 100.684 2.162
201509 2.738 100.392 3.530
201512 3.800 99.792 4.928
201603 1.988 100.470 2.561
201606 1.275 101.688 1.623
201609 2.488 101.861 3.161
201612 4.913 101.863 6.242
201703 2.013 102.862 2.533
201706 1.275 103.349 1.597
201709 1.513 104.136 1.880
201712 5.170 104.011 6.433
201803 1.370 105.290 1.684
201806 1.000 106.317 1.217
201809 1.560 106.507 1.896
201812 4.020 105.998 4.908
201903 1.410 107.251 1.701
201906 1.220 108.070 1.461
201909 2.190 108.329 2.616
201912 3.410 108.420 4.070
202003 0.150 108.902 0.178
202006 1.640 108.767 1.951
202009 2.210 109.815 2.605
202012 3.280 109.897 3.863
202103 2.020 111.754 2.339
202106 2.130 114.631 2.405
202109 2.630 115.734 2.941
202112 3.130 117.630 3.444
202203 2.080 121.301 2.219
202206 2.360 125.017 2.443
202209 2.750 125.227 2.842
202212 2.880 125.222 2.977
202303 0.910 127.348 0.925
202306 2.350 128.729 2.363
202309 3.070 129.860 3.060
202312 3.750 129.419 3.750

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.


Hon Hai Precision Industry Co  (TPE:2317) 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.


Hon Hai Precision Industry Co Shiller PE Ratio Related Terms

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


Hon Hai Precision Industry Co (TPE:2317) Business Description

Traded in Other Exchanges
Address
No.2, Zihyou Street, Tucheng District, New Taipei, TWN, 236
Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for 55% of overall revenue in 2022. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet and FIH Mobile. In response to its traditional end markets of computers, smartphones, and telecom equipment maturing in 2019 it started on a strategy to develop expertise in three new growth areas—electric vehicles, digital health, and robotics.

Hon Hai Precision Industry Co (TPE:2317) Headlines

No Headlines