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Yuanta Financial Holdings Co (TPE:2885) E10 : NT$1.95 (As of Mar. 2024)


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What is Yuanta Financial Holdings 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.

Yuanta Financial Holdings Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yuanta Financial Holdings Co's average E10 Growth Rate was 10.80% per year. During the past 3 years, the average E10 Growth Rate was 13.40% per year. During the past 5 years, the average E10 Growth Rate was 13.10% 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 Yuanta Financial Holdings Co was 13.70% per year. The lowest was 12.90% per year. And the median was 13.40% per year.

As of today (2024-06-04), Yuanta Financial Holdings Co's current stock price is NT$31.45. Yuanta Financial Holdings Co's E10 for the quarter that ended in Mar. 2024 was NT$1.95. Yuanta Financial Holdings Co's Shiller PE Ratio of today is 16.13.

During the past 13 years, the highest Shiller PE Ratio of Yuanta Financial Holdings Co was 18.74. The lowest was 10.83. And the median was 14.12.


Yuanta Financial Holdings Co E10 Historical Data

The historical data trend for Yuanta Financial Holdings 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.

Yuanta Financial Holdings Co E10 Chart

Yuanta Financial Holdings 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 1.18 1.29 1.50 1.70 1.88

Yuanta Financial Holdings 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 1.76 1.83 1.89 1.88 1.95

Competitive Comparison of Yuanta Financial Holdings Co's E10

For the Financial Conglomerates subindustry, Yuanta Financial Holdings 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.


Yuanta Financial Holdings Co's Shiller PE Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Yuanta Financial Holdings Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Yuanta Financial Holdings Co's Shiller PE Ratio falls into.



Yuanta Financial Holdings 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, Yuanta Financial Holdings 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)
=0.73/131.7762*131.7762
=0.730

Current CPI (Mar. 2024) = 131.7762.

Yuanta Financial Holdings Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.681 100.560 0.892
201409 0.193 100.428 0.253
201412 0.221 99.070 0.294
201503 0.359 99.621 0.475
201506 0.304 100.684 0.398
201509 0.239 100.392 0.314
201512 0.028 99.792 0.037
201603 0.285 100.470 0.374
201606 0.230 101.688 0.298
201609 0.322 101.861 0.417
201612 0.239 101.863 0.309
201703 0.239 102.862 0.306
201706 0.294 103.349 0.375
201709 0.451 104.136 0.571
201712 0.276 104.011 0.350
201803 0.437 105.290 0.547
201806 0.432 106.317 0.535
201809 0.432 106.507 0.534
201812 0.156 105.998 0.194
201903 0.428 107.251 0.526
201906 0.423 108.070 0.516
201909 0.488 108.329 0.594
201912 0.249 108.420 0.303
202003 0.323 108.902 0.391
202006 0.545 108.767 0.660
202009 0.670 109.815 0.804
202012 0.360 109.897 0.432
202103 0.741 111.754 0.874
202106 0.784 114.631 0.901
202109 0.680 115.734 0.774
202112 0.521 117.630 0.584
202203 0.483 121.301 0.525
202206 0.414 125.017 0.436
202209 0.640 125.227 0.673
202212 0.140 125.222 0.147
202303 0.450 127.348 0.466
202306 0.709 128.729 0.726
202309 0.670 129.860 0.680
202312 0.240 129.419 0.244
202403 0.730 131.776 0.730

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


Yuanta Financial Holdings Co  (TPE:2885) 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.

Yuanta Financial Holdings Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=31.45/1.95
=16.13

* 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 Yuanta Financial Holdings Co was 18.74. The lowest was 10.83. And the median was 14.12.


Be Aware

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


Yuanta Financial Holdings Co E10 Related Terms

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


Yuanta Financial Holdings Co (TPE:2885) Business Description

Traded in Other Exchanges
N/A
Address
No. 66, Section 1, Dunhua South Road, 6th, 10th, 12th and 13th Floors, Songshan District, Taipei, TWN
Yuanta Financial Holdings Co Ltd is engages in the business of a financial holding company and its operations are limited to investing and investment management.

Yuanta Financial Holdings Co (TPE:2885) Headlines

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