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LPP (STU:1RY) E10 : €78.01 (As of Jan. 2024)


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What is LPP 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.

LPP's adjusted earnings per share data for the three months ended in Jan. 2024 was €59.887. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €78.01 for the trailing ten years ended in Jan. 2024.

During the past 12 months, LPP's average E10 Growth Rate was 23.40% 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 LPP was 8.30% per year. The lowest was -0.20% per year. And the median was 4.05% per year.

As of today (2024-06-10), LPP's current stock price is €4056.00. LPP's E10 for the quarter that ended in Jan. 2024 was €78.01. LPP's Shiller PE Ratio of today is 51.99.

During the past 13 years, the highest Shiller PE Ratio of LPP was 74.76. The lowest was 29.93. And the median was 44.20.


LPP E10 Historical Data

The historical data trend for LPP'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.

LPP E10 Chart

LPP Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Jan20 Jan21 Jan22 Jan23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.03 - 38.91 49.88 58.54

LPP Quarterly Data
Mar19 Jun19 Sep19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 58.54 61.43 67.69 67.83 78.01

Competitive Comparison of LPP's E10

For the Apparel Manufacturing subindustry, LPP'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.


LPP's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, LPP's Shiller PE Ratio distribution charts can be found below:

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



LPP 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, LPP's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=59.887/148.3109*148.3109
=59.887

Current CPI (Jan. 2024) = 148.3109.

LPP Quarterly Data

per share eps CPI Adj_EPS
201403 -1.819 101.262 -2.664
201406 21.247 101.180 31.144
201409 10.396 100.611 15.325
201412 31.173 100.122 46.177
201503 -4.749 100.041 -7.040
201506 17.356 100.448 25.626
201509 10.127 99.634 15.075
201512 21.887 99.471 32.633
201603 -8.312 98.983 -12.454
201606 11.319 99.552 16.863
201609 -0.821 99.064 -1.229
201612 19.858 100.366 29.344
201703 -14.799 101.018 -21.727
201706 21.806 101.180 31.963
201709 10.687 101.343 15.640
201712 37.601 102.564 54.372
201803 -13.153 102.564 -19.020
201806 25.867 103.378 37.110
201809 11.494 103.378 16.490
201812 39.202 103.785 56.020
201903 -14.387 104.274 -20.463
201906 25.779 105.983 36.075
201909 2.463 105.983 3.447
202001 0.000 108.099 0.000
202004 -45.424 108.995 -61.809
202007 -3.844 109.158 -5.223
202010 30.979 109.402 41.997
202101 -5.520 110.948 -7.379
202104 2.698 113.553 3.524
202107 57.438 114.449 74.432
202110 78.518 116.891 99.624
202201 -19.375 121.368 -23.676
202204 33.562 127.554 39.024
202207 -45.353 132.357 -50.820
202210 49.510 137.973 53.220
202301 22.688 142.613 23.594
202304 13.604 147.009 13.725
202307 54.461 146.683 55.065
202310 71.385 146.520 72.257
202401 59.887 148.311 59.887

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


LPP  (STU:1RY) 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.

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

Shiller PE Ratio=Share Price/E10
=4056.00/78.01
=51.99

* 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 LPP was 74.76. The lowest was 29.93. And the median was 44.20.


Be Aware

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


LPP E10 Related Terms

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


LPP (STU:1RY) Business Description

Traded in Other Exchanges
Address
ul. Lakowa 39/44, Gdansk, POL, 80-769
LPP SA makes and sells clothing, footwear, bags, and accessories in Central and Eastern Europe. LPP has nearly 1,500 company-branded retail stores, which serve as the company's primary sales channel. Brands include Reserved, Cropp, House, Mohito, and Sinsay. Reserved stores account for roughly half of the company's sales volume. Geographically, most sales are in Poland, and Poland and Russia account for more than 80% of total sales. LPP purchases most of its materials in Asia, and the company's manufacturers are primarily located in China.

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