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Micro-Star International Co (TPE:2377) Shiller PE Ratio : 17.19 (As of May. 12, 2024)


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What is Micro-Star International Co Shiller PE Ratio?

As of today (2024-05-12), Micro-Star International Co's current share price is NT$165.00. Micro-Star International Co's E10 for the quarter that ended in Dec. 2023 was NT$9.60. Micro-Star International Co's Shiller PE Ratio for today is 17.19.

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

TPE:2377' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.3   Med: 22.68   Max: 34.89
Current: 17.18

During the past years, Micro-Star International Co's highest Shiller PE Ratio was 34.89. The lowest was 12.30. And the median was 22.68.

TPE:2377's Shiller PE Ratio is ranked better than
68.65% of 1378 companies
in the Hardware industry
Industry Median: 24.16 vs TPE:2377: 17.18

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.

Micro-Star International Co's adjusted earnings per share data for the three months ended in Dec. 2023 was NT$0.880. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$9.60 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Micro-Star International Co Shiller PE Ratio Historical Data

The historical data trend for Micro-Star 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.

Micro-Star International Co Shiller PE Ratio Chart

Micro-Star 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 22.31 27.34 22.31 13.70 21.25

Micro-Star International 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 13.70 15.84 18.85 17.03 21.25

Competitive Comparison of Micro-Star International Co's Shiller PE Ratio

For the Computer Hardware subindustry, Micro-Star 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.


Micro-Star International Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Micro-Star International Co's Shiller PE Ratio distribution charts can be found below:

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



Micro-Star 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.

Micro-Star International Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=165.00/9.6
=17.19

* 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.

Micro-Star International Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Micro-Star International 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)
=0.88/129.4194*129.4194
=0.880

Current CPI (Dec. 2023) = 129.4194.

Micro-Star International Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.140 99.695 1.480
201406 0.930 100.560 1.197
201409 0.830 100.428 1.070
201412 0.640 99.070 0.836
201503 1.110 99.621 1.442
201506 0.650 100.684 0.836
201509 1.340 100.392 1.727
201512 1.240 99.792 1.608
201603 1.350 100.470 1.739
201606 1.100 101.688 1.400
201609 1.910 101.861 2.427
201612 1.390 101.863 1.766
201703 1.610 102.862 2.026
201706 0.770 103.349 0.964
201709 1.900 104.136 2.361
201712 1.510 104.011 1.879
201803 2.470 105.290 3.036
201806 2.070 106.317 2.520
201809 1.780 106.507 2.163
201812 0.790 105.998 0.965
201903 1.530 107.251 1.846
201906 1.480 108.070 1.772
201909 2.020 108.329 2.413
201912 1.540 108.420 1.838
202003 1.470 108.902 1.747
202006 2.480 108.767 2.951
202009 3.090 109.815 3.642
202012 2.330 109.897 2.744
202103 4.900 111.754 5.675
202106 5.190 114.631 5.860
202109 5.270 115.734 5.893
202112 4.540 117.630 4.995
202203 5.550 121.301 5.921
202206 3.590 125.017 3.716
202209 1.900 125.227 1.964
202212 0.640 125.222 0.661
202303 2.890 127.348 2.937
202306 2.340 128.729 2.353
202309 2.780 129.860 2.771
202312 0.880 129.419 0.880

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.


Micro-Star International Co  (TPE:2377) 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.


Micro-Star International Co Shiller PE Ratio Related Terms

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Micro-Star International Co (TPE:2377) Business Description

Traded in Other Exchanges
N/A
Address
No. 69, Lide Street, Zhonghe District, New Taipei, TWN, 235
Micro-Star International Co Ltd is a manufacturer and distributor of computer hardware products, particularly gaming laptops and hardware. Its other products include laptops, motherboards, graphics cards, all-in-one PCs, mobile workstations, barebone computers, servers, multimedia peripherals to vehicle infotainment solutions, smart cleaning robots, and Wi-Fi cameras.

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