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Macronix International Co (TPE:2337) Shiller PE Ratio : 14.72 (As of Jun. 05, 2024)


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What is Macronix International Co Shiller PE Ratio?

As of today (2024-06-05), Macronix International Co's current share price is NT$26.50. Macronix International Co's E10 for the quarter that ended in Mar. 2024 was NT$1.80. Macronix International Co's Shiller PE Ratio for today is 14.72.

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

TPE:2337' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.42   Med: 62.12   Max: 2255
Current: 15.09

During the past years, Macronix International Co's highest Shiller PE Ratio was 2255.00. The lowest was 14.42. And the median was 62.12.

TPE:2337's Shiller PE Ratio is ranked better than
80.66% of 512 companies
in the Semiconductors industry
Industry Median: 28.355 vs TPE:2337: 15.09

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.

Macronix International Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$-0.580. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$1.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Macronix International Co Shiller PE Ratio Historical Data

The historical data trend for Macronix International 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.

Macronix International Co Shiller PE Ratio Chart

Macronix International 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 186.92 - 104.02 25.77 18.11

Macronix International Co 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 23.91 20.17 18.83 18.11 14.87

Competitive Comparison of Macronix International Co's Shiller PE Ratio

For the Semiconductors subindustry, Macronix International 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.


Macronix International Co's Shiller PE Ratio Distribution in the Semiconductors Industry

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

* The bar in red indicates where Macronix International Co's Shiller PE Ratio falls into.



Macronix International 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.

Macronix International Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=26.50/1.8
=14.72

* 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.

Macronix International Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Macronix International Co'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)
=-0.58/131.7762*131.7762
=-0.580

Current CPI (Mar. 2024) = 131.7762.

Macronix International Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -1.016 100.560 -1.331
201409 -0.618 100.428 -0.811
201412 -1.295 99.070 -1.723
201503 -0.199 99.621 -0.263
201506 -0.698 100.684 -0.914
201509 -0.538 100.392 -0.706
201512 -0.937 99.792 -1.237
201603 -0.498 100.470 -0.653
201606 -0.777 101.688 -1.007
201609 0.353 101.861 0.457
201612 0.392 101.863 0.507
201703 0.108 102.862 0.138
201706 0.333 103.349 0.425
201709 1.150 104.136 1.455
201712 1.380 104.011 1.748
201803 1.010 105.290 1.264
201806 1.250 106.317 1.549
201809 1.020 106.507 1.262
201812 1.400 105.998 1.740
201903 0.070 107.251 0.086
201906 0.140 108.070 0.171
201909 1.000 108.329 1.216
201912 0.400 108.420 0.486
202003 0.660 108.902 0.799
202006 0.720 108.767 0.872
202009 0.870 109.815 1.044
202012 0.620 109.897 0.743
202103 0.490 111.754 0.578
202106 1.030 114.631 1.184
202109 2.860 115.734 3.256
202112 1.900 117.630 2.129
202203 1.540 121.301 1.673
202206 1.560 125.017 1.644
202209 1.310 125.227 1.379
202212 0.330 125.222 0.347
202303 -0.190 127.348 -0.197
202306 0.040 128.729 0.041
202309 -0.220 129.860 -0.223
202312 -0.550 129.419 -0.560
202403 -0.580 131.776 -0.580

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.


Macronix International Co  (TPE:2337) 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.


Macronix International Co Shiller PE Ratio Related Terms

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Macronix International Co (TPE:2337) Business Description

Traded in Other Exchanges
N/A
Address
No. 16 Li-Hsin Road, Science Park, Hsin-Chu, TWN
Macronix International Co Ltd designs, manufactures, and supplies integrated circuits and memory chips. It specializes in nonvolatile memory devices, including NOR Flash, NAND Flash, and read-only memory products. Macronix's NOR Flash products contribute the majority of revenue and are primarily used by customers in the consumer, computer, communications, and automotive industries. The firm operates in four segments: Flash, ROM, Foundry and Others.

Macronix International Co (TPE:2337) Headlines

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