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Shin Ruenn Development Co (ROCO:6186) E10 : NT$3.15 (As of Mar. 2024)


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What is Shin Ruenn Development Co E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Shin Ruenn Development Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.870. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$3.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shin Ruenn Development Co's average E10 Growth Rate was -10.30% per year. During the past 3 years, the average E10 Growth Rate was 10.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Shin Ruenn Development Co was 20.90% per year. The lowest was 10.20% per year. And the median was 15.55% per year.

As of today (2024-06-08), Shin Ruenn Development Co's current stock price is NT$101.00. Shin Ruenn Development Co's E10 for the quarter that ended in Mar. 2024 was NT$3.15. Shin Ruenn Development Co's Shiller PE Ratio of today is 32.06.

During the past 13 years, the highest Shiller PE Ratio of Shin Ruenn Development Co was 30.06. The lowest was 8.46. And the median was 12.01.


Shin Ruenn Development Co E10 Historical Data

The historical data trend for Shin Ruenn Development Co's E10 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.

Shin Ruenn Development Co E10 Chart

Shin Ruenn Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 2.34 2.80 3.39 3.13

Shin Ruenn Development Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 3.51 3.60 3.70 3.13 3.15

Competitive Comparison of Shin Ruenn Development Co's E10

For the Real Estate - Development subindustry, Shin Ruenn Development 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.


Shin Ruenn Development Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shin Ruenn Development Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shin Ruenn Development Co's Shiller PE Ratio falls into.



Shin Ruenn Development Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Shin Ruenn Development 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)
=0.87/131.7762*131.7762
=0.870

Current CPI (Mar. 2024) = 131.7762.

Shin Ruenn Development Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.275 100.560 0.360
201409 -0.236 100.428 -0.310
201412 1.743 99.070 2.318
201503 1.056 99.621 1.397
201506 0.198 100.684 0.259
201509 -0.260 100.392 -0.341
201512 4.288 99.792 5.662
201603 0.624 100.470 0.818
201606 0.355 101.688 0.460
201609 1.958 101.861 2.533
201612 0.121 101.863 0.157
201703 0.208 102.862 0.266
201706 -0.272 103.349 -0.347
201709 -0.335 104.136 -0.424
201712 0.480 104.011 0.608
201803 -0.417 105.290 -0.522
201806 -0.308 106.317 -0.382
201809 -0.480 106.507 -0.594
201812 0.797 105.998 0.991
201903 0.009 107.251 0.011
201906 -0.009 108.070 -0.011
201909 -0.511 108.329 -0.622
201912 4.479 108.420 5.444
202003 1.383 108.902 1.673
202006 0.189 108.767 0.229
202009 0.170 109.815 0.204
202012 1.612 109.897 1.933
202103 1.780 111.754 2.099
202106 1.480 114.631 1.701
202109 -0.120 115.734 -0.137
202112 -0.100 117.630 -0.112
202203 -0.240 121.301 -0.261
202206 -0.300 125.017 -0.316
202209 -0.150 125.227 -0.158
202212 2.910 125.222 3.062
202303 0.230 127.348 0.238
202306 0.100 128.729 0.102
202309 0.520 129.860 0.528
202312 2.100 129.419 2.138
202403 0.870 131.776 0.870

Add all the adjusted EPS together and divide 10 will get our e10.


Shin Ruenn Development Co  (ROCO:6186) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Shin Ruenn Development Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=101.00/3.15
=32.06

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Shin Ruenn Development Co was 30.06. The lowest was 8.46. And the median was 12.01.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Shin Ruenn Development Co E10 Related Terms

Thank you for viewing the detailed overview of Shin Ruenn Development Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Shin Ruenn Development Co (ROCO:6186) Business Description

Traded in Other Exchanges
N/A
Address
No. 109, Section 3, Minsheng East Road, 8th Floor, Songshan District, Taiepi, TWN, 105
Shin Ruenn Development Co Ltd provides development and sale of residential and commercial buildings, villas, and office buildings.

Shin Ruenn Development Co (ROCO:6186) Headlines

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