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Lenovo Group (FRA:LHL) E10 : €0.00 (As of Mar. 2024)


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What is Lenovo Group 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.

Lenovo Group's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.018. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lenovo Group's average E10 Growth Rate was -1.80% per year. During the past 3 years, the average E10 Growth Rate was 14.10% per year. During the past 5 years, the average E10 Growth Rate was 15.70% per year. During the past 10 years, the average E10 Growth Rate was 8.10% 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 Lenovo Group was 16.40% per year. The lowest was -5.70% per year. And the median was 9.20% per year.

As of today (2024-05-24), Lenovo Group's current stock price is €1.32. Lenovo Group's E10 for the quarter that ended in Mar. 2024 was €0.00. Lenovo Group's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Lenovo Group was 44.00. The lowest was 10.11. And the median was 17.20.


Lenovo Group E10 Historical Data

The historical data trend for Lenovo Group'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.

Lenovo Group E10 Chart

Lenovo Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.06 0.06 -

Lenovo Group 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 0.06 0.06 0.06 0.06 -

Competitive Comparison of Lenovo Group's E10

For the Computer Hardware subindustry, Lenovo Group'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.


Lenovo Group's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lenovo Group's Shiller PE Ratio distribution charts can be found below:

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



Lenovo Group 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, Lenovo Group'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)
=0.018/117.7354*117.7354
=0.018

Current CPI (Mar. 2024) = 117.7354.

Lenovo Group Quarterly Data

per share eps CPI Adj_EPS
201406 0.015 96.409 0.018
201409 0.019 97.948 0.023
201412 0.019 99.707 0.022
201503 0.008 99.927 0.009
201506 0.008 99.267 0.009
201509 -0.057 99.927 -0.067
201512 0.025 102.015 0.029
201603 0.015 102.785 0.017
201606 0.014 101.686 0.016
201609 0.013 102.565 0.015
201612 0.009 103.225 0.010
201703 0.009 103.335 0.010
201706 -0.006 103.664 -0.007
201709 0.011 103.994 0.012
201712 -0.021 104.984 -0.024
201803 0.003 105.973 0.003
201806 0.006 106.193 0.007
201809 0.012 106.852 0.013
201812 0.017 107.622 0.019
201903 0.008 108.172 0.009
201906 0.012 109.601 0.013
201909 0.015 110.260 0.016
201912 0.019 110.700 0.020
202003 0.003 110.920 0.003
202006 0.016 110.590 0.017
202009 0.021 107.512 0.023
202012 0.025 109.711 0.027
202103 0.013 111.579 0.014
202106 0.029 111.360 0.031
202109 0.034 109.051 0.037
202112 0.044 112.349 0.046
202203 0.030 113.558 0.031
202206 0.038 113.448 0.039
202209 0.043 113.778 0.044
202212 0.032 114.548 0.033
202303 0.009 115.427 0.009
202306 0.013 115.647 0.013
202309 0.019 116.087 0.019
202312 0.024 117.296 0.024
202403 0.018 117.735 0.018

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


Lenovo Group  (FRA:LHL) 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.

During the past 13 years, the highest Shiller P/E Ratio of Lenovo Group was 44.00. The lowest was 10.11. And the median was 17.20.


Be Aware

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


Lenovo Group E10 Related Terms

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


Lenovo Group (FRA:LHL) Business Description

Traded in Other Exchanges
Address
979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Quarry Bay, Hong Kong, HKG
Lenovo is a global technology hardware company with a leading market share in personal computers. Its operations are divided into three main business segments: PC and smart devices, mobile, and data center, which we expect to account for 55%, 11%, and 19% of sales in the midterm, respectively. The firm has been actively growing its data center business, which primarily sells network servers to enterprise and hyperscale customers, as well as storage equipment through its mainland China joint venture with NetApp. Server-related revenue contribution has jumped to 16% of overall sales in fiscal 2022, from 6% in 2015.

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