GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Acer Inc (TPE:2353) » Definitions » Shiller PE Ratio

Acer (TPE:2353) Shiller PE Ratio : 37.94 (As of May. 13, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Acer Shiller PE Ratio?

As of today (2024-05-13), Acer's current share price is NT$47.80. Acer's E10 for the quarter that ended in Mar. 2024 was NT$1.26. Acer's Shiller PE Ratio for today is 37.94.

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

TPE:2353' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.41   Med: 43.53   Max: 488.57
Current: 37.91

During the past years, Acer's highest Shiller PE Ratio was 488.57. The lowest was 12.41. And the median was 43.53.

TPE:2353's Shiller PE Ratio is ranked worse than
69.83% of 1382 companies
in the Hardware industry
Industry Median: 23.84 vs TPE:2353: 37.91

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.

Acer's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.400. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$1.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acer Shiller PE Ratio Historical Data

The historical data trend for Acer'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.

Acer Shiller PE Ratio Chart

Acer 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 - - - 297.96 42.97

Acer Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 386.61 227.28 42.73 42.97 37.00

Competitive Comparison of Acer's Shiller PE Ratio

For the Computer Hardware subindustry, Acer'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.


Acer's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Acer 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.

Acer's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=47.80/1.26
=37.94

* 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.

Acer's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Acer'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)
=0.4/129.4194*129.4194
=0.400

Current CPI (Mar. 2024) = 129.4194.

Acer Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.170 100.560 0.219
201409 0.230 100.428 0.296
201412 0.230 99.070 0.300
201503 0.060 99.621 0.078
201506 0.001 100.684 0.001
201509 0.060 100.392 0.077
201512 0.080 99.792 0.104
201603 0.020 100.470 0.026
201606 0.170 101.688 0.216
201609 0.080 101.861 0.102
201612 -1.900 101.863 -2.414
201703 0.020 102.862 0.025
201706 0.080 103.349 0.100
201709 0.480 104.136 0.597
201712 0.350 104.011 0.435
201803 0.230 105.290 0.283
201806 0.290 106.317 0.353
201809 0.300 106.507 0.365
201812 0.180 105.998 0.220
201903 0.230 107.251 0.278
201906 0.130 108.070 0.156
201909 0.390 108.329 0.466
201912 0.110 108.420 0.131
202003 0.180 108.902 0.214
202006 0.400 108.767 0.476
202009 0.760 109.815 0.896
202012 0.650 109.897 0.765
202103 0.910 111.754 1.054
202106 0.960 114.631 1.084
202109 1.000 115.734 1.118
202112 0.740 117.630 0.814
202203 0.740 121.301 0.790
202206 0.570 125.017 0.590
202209 0.620 125.227 0.641
202212 -0.280 125.222 -0.289
202303 0.170 127.348 0.173
202306 0.460 128.729 0.462
202309 0.670 129.860 0.668
202312 0.340 129.419 0.340
202403 0.400 129.419 0.400

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.


Acer  (TPE:2353) 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.


Acer Shiller PE Ratio Related Terms

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


Acer (TPE:2353) Business Description

Traded in Other Exchanges
Address
No. 369, Fuxing North Road, Songshan District, Taipei, TWN, 105
Acer Inc is a hardware and electronics company specializing in advanced electronics technology. Its products are sold under three brands: Acer, Gateway, and Packard Bell. It include desktop PCs, clamshell laptops, 2-in-1 laptops, convertible laptops, Chromebooks, tablets, servers, storage devices, virtual reality devices, displays, smartphones, and peripherals. A large majority of the firm's revenue is derived from personal computers and the rest from peripherals and other products. The firm generates revenue in the Americas, Mainland China, Taiwan, and other countries across the world.

Acer (TPE:2353) Headlines

No Headlines