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Li & Fung Ltd (OTCPK:LFUGF)
Shiller PE Ratio
8.33 (As of Today)

As of today, Li & Fung Ltd's current share price is $0.50. Li & Fung Ltd's E10 for the quarter that ended in Jun. 2016 was $0.06. Li & Fung Ltd's Shiller P/E Ratio for today is 8.33.

LFUGF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.51   Max: 62.37
Current: 7.23

6.51
62.37

During the past 13 years, Li & Fung Ltd's highest Shiller P/E Ratio was 62.37. The lowest was 6.51. And the median was 21.47.

LFUGF's Shiller PE Ratio is ranked higher than
93% of the 152 Companies
in the Global Business Services industry.

( Industry Median: 28.73 vs. LFUGF: 7.23 )

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.

Li & Fung Ltd's adjusted earnings per share data of for the fiscal year that ended in Dec15 was $0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.06 for the trailing ten years ended in Dec15.


Definition

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.

Li & Fung Ltd's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=0.50/0.06
=8.33

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Li & Fung Ltd's E10 for the quarter that ended in Jun. 2016 is calculated as:

For example, Li & Fung Ltd's adjusted earnings per share data for the fiscal year that ended in Dec15 was:

Adj_EPS=Earnigns per Share/CPI of Dec15 (Change)*Current CPI (Dec15)
=0.05/236.525*236.525
=0.050

Current CPI (Dec15) = 236.525.

Li & Fung Ltd Annual Data

200612200712200812200912201012201112201212201312201412201512
per share eps 0.0430.0570.0440.0580.0710.0840.0740.0870.0530.050
CPI 201.800210.036210.228215.949219.179225.672229.601233.049234.812236.525
Adj_EPS 0.0500.0640.0500.0640.0770.0880.0760.0880.0530.050

Add all the adjusted EPS together and divide 10 will get our E10.


Explanation

Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E 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 P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.


Be Aware

The Shiller P/E 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, the Shiller P/E and P/S ratio will give false valuations.


Related Terms

P/E Ratio, P/B Ratio, P/S Ratio, Price-to-Free-Cash-Flow ratio, E10


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Li & Fung Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ShillerPE 0.000.0020.4743.7453.7229.3125.3016.7814.4210.26

Li & Fung Ltd Semi-Annual Data

Dec11Jun12Dec12Jun13Dec13Jun14Dec14Jun15Dec15Jun16
ShillerPE 29.310.0025.300.0016.780.0014.420.0010.260.00
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