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Wistron (TPE:3231) Shiller PE Ratio : 43.87 (As of May. 08, 2024)


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What is Wistron Shiller PE Ratio?

As of today (2024-05-08), Wistron's current share price is NT$114.50. Wistron's E10 for the quarter that ended in Dec. 2023 was NT$2.61. Wistron's Shiller PE Ratio for today is 43.87.

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

TPE:3231' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.91   Med: 13.69   Max: 64.61
Current: 42.56

During the past years, Wistron's highest Shiller PE Ratio was 64.61. The lowest was 5.91. And the median was 13.69.

TPE:3231's Shiller PE Ratio is ranked worse than
73.24% of 1379 companies
in the Hardware industry
Industry Median: 24.09 vs TPE:3231: 42.56

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.

Wistron's adjusted earnings per share data for the three months ended in Dec. 2023 was NT$1.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$2.61 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wistron Shiller PE Ratio Historical Data

The historical data trend for Wistron'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.

Wistron Shiller PE Ratio Chart

Wistron 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 12.50 14.98 13.44 12.27 37.80

Wistron 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 12.27 17.70 37.39 39.94 37.80

Competitive Comparison of Wistron's Shiller PE Ratio

For the Computer Hardware subindustry, Wistron'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.


Wistron's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Wistron 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.

Wistron's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=114.50/2.61
=43.87

* 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.

Wistron's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Wistron'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)
=1.15/129.4194*129.4194
=1.150

Current CPI (Dec. 2023) = 129.4194.

Wistron Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.124 99.695 0.161
201406 0.436 100.560 0.561
201409 0.531 100.428 0.684
201412 0.202 99.070 0.264
201503 0.257 99.621 0.334
201506 0.027 100.684 0.035
201509 0.245 100.392 0.316
201512 -0.047 99.792 -0.061
201603 0.142 100.470 0.183
201606 0.226 101.688 0.288
201609 0.194 101.861 0.246
201612 0.534 101.863 0.678
201703 0.204 102.862 0.257
201706 0.291 103.349 0.364
201709 0.330 104.136 0.410
201712 0.580 104.011 0.722
201803 0.330 105.290 0.406
201806 0.230 106.317 0.280
201809 0.440 106.507 0.535
201812 0.740 105.998 0.904
201903 0.350 107.251 0.422
201906 0.440 108.070 0.527
201909 0.600 108.329 0.717
201912 0.980 108.420 1.170
202003 0.250 108.902 0.297
202006 1.010 108.767 1.202
202009 0.990 109.815 1.167
202012 0.810 109.897 0.954
202103 0.040 111.754 0.046
202106 1.480 114.631 1.671
202109 0.290 115.734 0.324
202112 1.850 117.630 2.035
202203 -0.310 121.301 -0.331
202206 1.500 125.017 1.553
202209 1.290 125.227 1.333
202212 1.390 125.222 1.437
202303 0.060 127.348 0.061
202306 1.140 128.729 1.146
202309 1.640 129.860 1.634
202312 1.150 129.419 1.150

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.


Wistron  (TPE:3231) 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.


Wistron Shiller PE Ratio Related Terms

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


Wistron (TPE:3231) Business Description

Traded in Other Exchanges
Address
No.5 , Xinan Road, East District, Hsinchu, TWN, 30076
Wistron Corp is an original design manufacturer of information and communication technology products. The company offers end-to-end services from the initial conceptualization and development of a product through to volume manufacturing and after-sale services. The in-house capabilities of the firm include design and engineering challenges such as styling considerations, component selection, prototyping, 3D modeling, testing, and packaging. The firm has operations in Asia, Europe, and North America.

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