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L E Lundbergforetagen AB (STU:LK3B) Shiller PE Ratio : 16.34 (As of Jun. 07, 2024)


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What is L E Lundbergforetagen AB Shiller PE Ratio?

As of today (2024-06-07), L E Lundbergforetagen AB's current share price is €47.40. L E Lundbergforetagen AB's E10 for the quarter that ended in Mar. 2024 was €2.90. L E Lundbergforetagen AB's Shiller PE Ratio for today is 16.34.

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

STU:LK3B' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.57   Med: 16.46   Max: 24.59
Current: 15.85

During the past years, L E Lundbergforetagen AB's highest Shiller PE Ratio was 24.59. The lowest was 13.57. And the median was 16.46.

STU:LK3B's Shiller PE Ratio is ranked worse than
65.38% of 754 companies
in the Asset Management industry
Industry Median: 12.845 vs STU:LK3B: 15.85

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.

L E Lundbergforetagen AB's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.541. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


L E Lundbergforetagen AB Shiller PE Ratio Historical Data

The historical data trend for L E Lundbergforetagen AB'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.

L E Lundbergforetagen AB Shiller PE Ratio Chart

L E Lundbergforetagen AB 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 17.14 18.05 18.49 14.93 16.90

L E Lundbergforetagen AB 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 15.15 14.76 14.74 16.90 17.12

Competitive Comparison of L E Lundbergforetagen AB's Shiller PE Ratio

For the Asset Management subindustry, L E Lundbergforetagen AB'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.


L E Lundbergforetagen AB's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, L E Lundbergforetagen AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where L E Lundbergforetagen AB's Shiller PE Ratio falls into.



L E Lundbergforetagen AB 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.

L E Lundbergforetagen AB's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=47.40/2.9
=16.34

* 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.

L E Lundbergforetagen AB's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, L E Lundbergforetagen AB'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)
=1.541/132.2054*132.2054
=1.541

Current CPI (Mar. 2024) = 132.2054.

L E Lundbergforetagen AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.552 100.432 0.727
201409 0.181 100.161 0.239
201412 0.339 100.225 0.447
201503 0.342 99.950 0.452
201506 0.690 99.995 0.912
201509 0.284 100.228 0.375
201512 0.584 100.276 0.770
201603 2.649 100.751 3.476
201606 0.552 101.019 0.722
201609 1.042 101.138 1.362
201612 0.991 102.022 1.284
201703 1.154 102.022 1.495
201706 0.828 102.752 1.065
201709 0.411 103.279 0.526
201712 0.397 103.793 0.506
201803 0.554 103.962 0.705
201806 0.879 104.875 1.108
201809 0.712 105.679 0.891
201812 -0.742 105.912 -0.926
201903 1.474 105.886 1.840
201906 0.808 106.742 1.001
201909 0.162 107.214 0.200
201912 2.127 107.766 2.609
202003 -1.057 106.563 -1.311
202006 0.998 107.498 1.227
202009 0.656 107.635 0.806
202012 0.853 108.296 1.041
202103 1.776 108.360 2.167
202106 0.699 108.928 0.848
202109 -0.091 110.338 -0.109
202112 2.106 112.486 2.475
202203 -0.757 114.825 -0.872
202206 -0.115 118.384 -0.128
202209 -0.141 122.296 -0.152
202212 1.529 126.365 1.600
202303 1.070 127.042 1.113
202306 0.309 129.407 0.316
202309 0.036 130.224 0.037
202312 1.182 131.912 1.185
202403 1.541 132.205 1.541

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.


L E Lundbergforetagen AB  (STU:LK3B) 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.


L E Lundbergforetagen AB Shiller PE Ratio Related Terms

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L E Lundbergforetagen AB (STU:LK3B) Business Description

Traded in Other Exchanges
Address
Hovslagargatan 5B, PO Box 14048, Stockholm, SWE, 104 40
L E Lundbergforetagen AB is an investment holding company with a long-term, activist orientation. Its portfolio includes a wholly owned unlisted real estate entity, publicly-traded subsidiaries, and other major shareholdings. Lundberg's investment objective is to generate returns on capital that over time substantially exceed the yield on a risk-free, interest-bearing instrument. Real estate operations, which the company has conducted through subsidiaries for decades, account for nearly half of the company's net asset value. Lundberg exercises activism through board representation on all of its portfolio companies. It supports its capital allocation program by maintaining low levels of indebtedness on its balance sheet.

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