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Chroma Ate (TPE:2360) Shiller PE Ratio : 35.08 (As of May. 21, 2024)


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What is Chroma Ate Shiller PE Ratio?

As of today (2024-05-21), Chroma Ate's current share price is NT$264.50. Chroma Ate's E10 for the quarter that ended in Mar. 2024 was NT$7.54. Chroma Ate's Shiller PE Ratio for today is 35.08.

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

TPE:2360' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.31   Med: 32.18   Max: 48.13
Current: 35.08

During the past years, Chroma Ate's highest Shiller PE Ratio was 48.13. The lowest was 2.31. And the median was 32.18.

TPE:2360's Shiller PE Ratio is ranked worse than
65.63% of 1385 companies
in the Hardware industry
Industry Median: 24.4 vs TPE:2360: 35.08

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.

Chroma Ate's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$2.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$7.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chroma Ate Shiller PE Ratio Historical Data

The historical data trend for Chroma Ate'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.

Chroma Ate Shiller PE Ratio Chart

Chroma Ate Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.39 32.24 37.00 37.13 27.31

Chroma Ate Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 27.31 25.79 35.52 37.77 33.82

Competitive Comparison of Chroma Ate's Shiller PE Ratio

For the Scientific & Technical Instruments subindustry, Chroma Ate'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.


Chroma Ate's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Chroma Ate 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.

Chroma Ate's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=264.50/7.54
=35.08

* 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.

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

For example, Chroma Ate'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)
=2.25/131.7762*131.7762
=2.250

Current CPI (Mar. 2024) = 131.7762.

Chroma Ate Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.470 99.695 0.621
201406 0.860 100.560 1.127
201409 1.210 100.428 1.588
201412 0.740 99.070 0.984
201503 0.320 99.621 0.423
201506 0.960 100.684 1.256
201509 1.210 100.392 1.588
201512 0.620 99.792 0.819
201603 0.800 100.470 1.049
201606 1.090 101.688 1.413
201609 1.420 101.861 1.837
201612 0.920 101.863 1.190
201703 0.720 102.862 0.922
201706 1.260 103.349 1.607
201709 2.090 104.136 2.645
201712 2.110 104.011 2.673
201803 1.030 105.290 1.289
201806 2.460 106.317 3.049
201809 1.460 106.507 1.806
201812 1.130 105.998 1.405
201903 0.710 107.251 0.872
201906 1.130 108.070 1.378
201909 1.140 108.329 1.387
201912 1.430 108.420 1.738
202003 1.120 108.902 1.355
202006 1.390 108.767 1.684
202009 1.380 109.815 1.656
202012 1.620 109.897 1.943
202103 5.330 111.754 6.285
202106 1.140 114.631 1.311
202109 1.870 115.734 2.129
202112 1.550 117.630 1.736
202203 2.020 121.301 2.194
202206 3.920 125.017 4.132
202209 4.070 125.227 4.283
202212 1.990 125.222 2.094
202303 2.190 127.348 2.266
202306 2.420 128.729 2.477
202309 2.890 129.860 2.933
202403 2.250 131.776 2.250

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.


Chroma Ate  (TPE:2360) 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.


Chroma Ate Shiller PE Ratio Related Terms

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


Chroma Ate (TPE:2360) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Wenmao Road, Guishan District, Taoyuan, TWN
Chroma Ate Inc manufactures and sells automated testing systems, electronic testing instruments, signal generators, and power supplies. The company has four reportable segments: Special materials department, Test instrument department, the Automatic equipment department, and Others. It generates maximum revenue from the Automatic equipment segment. The company has a presence in Europe, the United States, Japan, Korea, China, and Southeast Asia.

Chroma Ate (TPE:2360) Headlines

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