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LB Group Co (SZSE:002601) E10 : ¥1.11 (As of Mar. 2024)


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What is LB Group 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.

LB Group Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.400. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, LB Group Co's average E10 Growth Rate was 14.40% per year. During the past 3 years, the average E10 Growth Rate was 15.20% 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 LB Group Co was 15.20% per year. The lowest was 14.90% per year. And the median was 15.05% per year.

As of today (2024-06-01), LB Group Co's current stock price is ¥20.93. LB Group Co's E10 for the quarter that ended in Mar. 2024 was ¥1.11. LB Group Co's Shiller PE Ratio of today is 18.86.

During the past 13 years, the highest Shiller PE Ratio of LB Group Co was 69.26. The lowest was 14.78. And the median was 23.29.


LB Group Co E10 Historical Data

The historical data trend for LB Group 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.

LB Group Co E10 Chart

LB Group 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 0.62 0.70 0.84 0.94 1.07

LB Group 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 0.97 0.99 1.03 1.07 1.11

Competitive Comparison of LB Group Co's E10

For the Specialty Chemicals subindustry, LB Group 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.


LB Group Co's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, LB Group Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where LB Group Co's Shiller PE Ratio falls into.



LB Group 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, LB Group 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)
=0.4/115.2271*115.2271
=0.400

Current CPI (Mar. 2024) = 115.2271.

LB Group Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.015 98.200 0.018
201409 0.023 98.900 0.027
201412 0.054 99.000 0.063
201503 0.023 99.900 0.027
201506 0.047 99.500 0.054
201509 0.020 100.500 0.023
201512 0.070 100.600 0.080
201603 0.030 102.200 0.034
201606 0.076 101.400 0.086
201609 0.080 102.400 0.090
201612 0.159 102.600 0.179
201703 0.290 103.200 0.324
201706 0.350 103.100 0.391
201709 0.300 104.100 0.332
201712 0.290 104.500 0.320
201803 0.290 105.300 0.317
201806 0.380 104.900 0.417
201809 0.310 106.600 0.335
201812 0.170 106.500 0.184
201903 0.320 107.700 0.342
201906 0.320 107.700 0.342
201909 0.400 109.800 0.420
201912 0.250 111.200 0.259
202003 0.440 112.300 0.451
202006 0.200 110.400 0.209
202009 0.320 111.700 0.330
202012 0.170 111.500 0.176
202103 0.520 112.662 0.532
202106 0.600 111.769 0.619
202109 0.740 112.215 0.760
202112 0.200 113.108 0.204
202203 0.450 114.335 0.454
202206 0.560 114.558 0.563
202209 0.400 115.339 0.400
202212 0.030 115.116 0.030
202303 0.240 115.116 0.240
202306 0.280 114.558 0.282
202309 0.370 115.339 0.370
202312 0.460 114.781 0.462
202403 0.400 115.227 0.400

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


LB Group Co  (SZSE:002601) 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.

LB Group Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.93/1.11
=18.86

* 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 LB Group Co was 69.26. The lowest was 14.78. And the median was 23.29.


Be Aware

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


LB Group Co E10 Related Terms

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


LB Group Co (SZSE:002601) Business Description

Traded in Other Exchanges
N/A
Address
Fengfeng Office, Zhongzhan District, Henan Province, Jiaozuo, CHN, 454191
LB Group Co Ltd is a inorganic chemical enterprise concentrated on the development and manufacture of titanium and zirconium fine powder material. The company markets in the western industrial areas of China.
Executives
Yang Min Le Director
Chang Yi Li Director
Zhang Hai Tao Directors, executives
Xu Gang Director
Chen Jian Li Executives
Zhang Gang Supervisors
Shen Qing Fei Directors, executives
He Ben Liu Directors, executives
Wu Peng Sen Executives
Tan Rui Qing Director
Zhang Qi Bin Director
Fan Xian Guo Directors, executives
Zhao Yong Jun Supervisors
Feng Jun Supervisors
Jin San Liang Executives

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