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Ttet Union (TPE:1232) E10 : NT$7.77 (As of Mar. 2024)


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What is Ttet Union 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.

Ttet Union's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$1.760. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$7.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ttet Union's average E10 Growth Rate was 4.40% per year. During the past 3 years, the average E10 Growth Rate was 10.60% per year. During the past 5 years, the average E10 Growth Rate was 7.70% 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 Ttet Union was 11.00% per year. The lowest was 4.30% per year. And the median was 10.60% per year.

As of today (2024-06-11), Ttet Union's current stock price is NT$145.00. Ttet Union's E10 for the quarter that ended in Mar. 2024 was NT$7.77. Ttet Union's Shiller PE Ratio of today is 18.66.

During the past 13 years, the highest Shiller PE Ratio of Ttet Union was 29.73. The lowest was 17.30. And the median was 21.70.


Ttet Union E10 Historical Data

The historical data trend for Ttet Union'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.

Ttet Union E10 Chart

Ttet Union 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 5.31 5.69 6.44 7.27 7.69

Ttet Union 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 7.44 7.53 7.68 7.69 7.77

Competitive Comparison of Ttet Union's E10

For the Packaged Foods subindustry, Ttet Union'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.


Ttet Union's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ttet Union's Shiller PE Ratio distribution charts can be found below:

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



Ttet Union 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, Ttet Union'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)
=1.76/131.7762*131.7762
=1.760

Current CPI (Mar. 2024) = 131.7762.

Ttet Union Quarterly Data

per share eps CPI Adj_EPS
201406 0.920 100.560 1.206
201409 0.930 100.428 1.220
201412 2.510 99.070 3.339
201503 1.510 99.621 1.997
201506 1.100 100.684 1.440
201509 1.710 100.392 2.245
201512 1.370 99.792 1.809
201603 1.090 100.470 1.430
201606 1.690 101.688 2.190
201609 1.190 101.861 1.539
201612 1.600 101.863 2.070
201703 1.060 102.862 1.358
201706 1.260 103.349 1.607
201709 1.460 104.136 1.848
201712 1.320 104.011 1.672
201803 1.230 105.290 1.539
201806 1.450 106.317 1.797
201809 1.210 106.507 1.497
201812 1.770 105.998 2.200
201903 1.850 107.251 2.273
201906 1.320 108.070 1.610
201909 1.450 108.329 1.764
201912 1.450 108.420 1.762
202003 1.660 108.902 2.009
202006 1.580 108.767 1.914
202009 2.160 109.815 2.592
202012 2.660 109.897 3.190
202103 3.050 111.754 3.596
202106 1.680 114.631 1.931
202109 0.840 115.734 0.956
202112 2.180 117.630 2.442
202203 2.980 121.301 3.237
202206 2.350 125.017 2.477
202209 0.780 125.227 0.821
202212 1.540 125.222 1.621
202303 2.160 127.348 2.235
202306 1.610 128.729 1.648
202309 1.690 129.860 1.715
202312 2.060 129.419 2.098
202403 1.760 131.776 1.760

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


Ttet Union  (TPE:1232) 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.

Ttet Union's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=145.00/7.77
=18.66

* 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 Ttet Union was 29.73. The lowest was 17.30. And the median was 21.70.


Be Aware

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


Ttet Union E10 Related Terms

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


Ttet Union (TPE:1232) Business Description

Traded in Other Exchanges
N/A
Address
32 Gungye West Road, Erzhen Village,Guantian District, Tainan, TWN, 72048
Ttet Union Corp is a Taiwan based vegetable oil and protein product provider. The company is mainly engaged in the manufacture, sales, processing, import, and export of a variety of vegetable oils and fat, and engaged in cogeneration plant business, wholesale, and retailing of oils. The company's product portfolio includes soybean oil, canola oil, deep-frying oil, palm olein, soybean meal, dehulled high-protein soybean meal, soybean hull pellet, and high-protein soybean flake among others. Geographically, the majority is from Taiwan.

Ttet Union (TPE:1232) Headlines

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