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LB Finance (COL:LFIN.N0000) Shiller PE Ratio : 6.17 (As of May. 29, 2024)


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What is LB Finance Shiller PE Ratio?

As of today (2024-05-29), LB Finance's current share price is රු71.30. LB Finance's E10 for the quarter that ended in Dec. 2023 was රු11.56. LB Finance's Shiller PE Ratio for today is 6.17.

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

COL:LFIN.N0000' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.51   Med: 5.42   Max: 12.28
Current: 6.11

During the past years, LB Finance's highest Shiller PE Ratio was 12.28. The lowest was 3.51. And the median was 5.42.

COL:LFIN.N0000's Shiller PE Ratio is ranked better than
82.57% of 304 companies
in the Credit Services industry
Industry Median: 14.165 vs COL:LFIN.N0000: 6.11

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.

LB Finance's adjusted earnings per share data for the three months ended in Dec. 2023 was රු4.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is රු11.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


LB Finance Shiller PE Ratio Historical Data

The historical data trend for LB Finance'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.

LB Finance Shiller PE Ratio Chart

LB Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 5.24 5.32

LB Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.08 5.32 5.42 5.95 5.39

Competitive Comparison of LB Finance's Shiller PE Ratio

For the Credit Services subindustry, LB Finance'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 Finance's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, LB Finance's Shiller PE Ratio distribution charts can be found below:

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



LB Finance 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.

LB Finance's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=71.30/11.56
=6.17

* 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.

LB Finance's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, LB Finance's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.45/129.4194*129.4194
=4.450

Current CPI (Dec. 2023) = 129.4194.

LB Finance Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.002 99.695 1.301
201406 0.405 100.560 0.521
201409 1.000 100.428 1.289
201412 0.993 99.070 1.297
201503 1.133 99.621 1.472
201506 1.400 100.684 1.800
201509 1.425 100.392 1.837
201512 1.695 99.792 2.198
201603 2.190 100.470 2.821
201606 1.645 101.688 2.094
201609 1.710 101.861 2.173
201612 1.850 101.863 2.350
201703 1.868 102.862 2.350
201706 1.698 103.349 2.126
201709 2.223 104.136 2.763
201712 2.038 104.011 2.536
201803 2.213 105.290 2.720
201806 2.090 106.317 2.544
201809 2.235 106.507 2.716
201812 2.015 105.998 2.460
201903 2.828 107.251 3.413
201906 2.068 108.070 2.477
201909 2.493 108.329 2.978
201912 2.553 108.420 3.047
202003 2.288 108.902 2.719
202006 1.180 108.767 1.404
202009 2.970 109.815 3.500
202012 3.090 109.897 3.639
202103 5.055 111.754 5.854
202106 2.440 114.631 2.755
202109 3.790 115.734 4.238
202112 5.080 117.630 5.589
202203 4.079 121.301 4.352
202206 3.770 125.017 3.903
202209 3.590 125.227 3.710
202212 3.170 125.222 3.276
202303 4.900 127.348 4.980
202306 3.800 128.729 3.820
202309 4.170 129.860 4.156
202312 4.450 129.419 4.450

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.


LB Finance  (COL:LFIN.N0000) 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.


LB Finance Shiller PE Ratio Related Terms

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


LB Finance (COL:LFIN.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Number 275/75, Professor Stanley Wijesundara Mawatha, Colombo, LKA, 07
LB Finance PLC is engaged in financial intermediation by mobilizing funds by the way of deposits. It operates in Licensed Finance Companies (LFCs)/ Specialized Leasing Companies (SLC) sector in Srilanka. The company offers financial products and services to individuals to corporates. Its lending products include leasing, vehicle loans, mortgage loans, gold loans, factoring, working capital solutions, and Islamic Finance.

LB Finance (COL:LFIN.N0000) Headlines

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