GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lydall Inc (NYSE:LDL) » Definitions » E10

Lydall (Lydall) E10 : $0.70 (As of Jun. 2021)


View and export this data going back to 1989. Start your Free Trial

What is Lydall 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.

Lydall's adjusted earnings per share data for the three months ended in Jun. 2021 was $0.320. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.70 for the trailing ten years ended in Jun. 2021.

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.

As of today (2024-04-26), Lydall's current stock price is $62.09. Lydall's E10 for the quarter that ended in Jun. 2021 was $0.70. Lydall's Shiller PE Ratio of today is 88.70.

During the past 13 years, the highest Shiller PE Ratio of Lydall was 88.90. The lowest was 6.44. And the median was 45.61.


Lydall E10 Historical Data

The historical data trend for Lydall'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.

Lydall E10 Chart

Lydall Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 1.12 1.38 1.11 0.68

Lydall Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.75 0.68 0.68 0.70 0.70

Competitive Comparison of Lydall's E10

For the Specialty Industrial Machinery subindustry, Lydall'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.


Lydall's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lydall's Shiller PE Ratio distribution charts can be found below:

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



Lydall 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, Lydall's adjusted earnings per share data for the three months ended in Jun. 2021 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=0.32/114.6314*114.6314
=0.320

Current CPI (Jun. 2021) = 114.6314.

Lydall Quarterly Data

per share eps CPI Adj_EPS
201109 0.070 95.727 0.084
201112 0.160 95.213 0.193
201203 0.230 96.783 0.272
201206 0.390 96.819 0.462
201209 0.230 97.633 0.270
201212 0.140 96.871 0.166
201303 0.260 98.209 0.303
201306 0.350 98.518 0.407
201309 0.270 98.790 0.313
201312 0.250 98.326 0.291
201403 0.220 99.695 0.253
201406 0.490 100.560 0.559
201409 0.240 100.428 0.274
201412 0.330 99.070 0.382
201503 1.110 99.621 1.277
201506 0.640 100.684 0.729
201509 0.660 100.392 0.754
201512 0.310 99.792 0.356
201603 0.540 100.470 0.616
201606 0.630 101.688 0.710
201609 0.750 101.861 0.844
201612 0.260 101.863 0.293
201703 0.680 102.862 0.758
201706 0.760 103.349 0.843
201709 0.620 104.136 0.682
201712 0.800 104.011 0.882
201803 0.640 105.290 0.697
201806 0.600 106.317 0.647
201809 0.360 106.507 0.387
201812 0.420 105.998 0.454
201903 0.220 107.251 0.235
201906 -0.400 108.070 -0.424
201909 0.170 108.329 0.180
201912 -4.070 108.420 -4.303
202003 -3.250 108.902 -3.421
202006 -0.340 108.767 -0.358
202009 -0.670 109.815 -0.699
202012 0.010 109.897 0.010
202103 0.280 111.754 0.287
202106 0.320 114.631 0.320

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


Lydall  (NYSE:LDL) 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.

Lydall's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=62.09/0.7
=88.70

* 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 Lydall was 88.90. The lowest was 6.44. And the median was 45.61.


Be Aware

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


Lydall E10 Related Terms

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


Lydall (Lydall) Business Description

Traded in Other Exchanges
N/A
Address
One Colonial Road, Manchester, CT, USA, 06042
Lydall Inc, through its subsidiaries, designs and manufactures specialty engineered filtration media, industrial thermal insulating solutions, automotive thermal and acoustical barriers, medical filtration media and devices. The company's products are primarily sold directly to customers through an internal sales force and distributed via common carrier. Its reportable segments were Performance Materials, Technical Nonwovens and Thermal Acoustical Solutions. It derives most of its revenues from the United States of America.
Executives
Robert B. Junker officer: President, Lydall TNW LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Kathleen Burdett director 553 AMOSTOWN ROAD WEST SPRINGFIELD MA 01089
Soderstrom S Carl Jr director 2135 WEST MAPLE RD, TROY MI 04084
Matthew Farrell director
Joseph A. Abbruzzi officer: Pres., Thermal Acoustical Solu C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Kelly C. Scott officer: Vice President, CHRO C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Marc T Giles director 1 COLONIAL ROAD, MANCHESTER CT 06042
John J Tedone officer: VP Finance & Chief Acct Off 501 DUNN ROAD, COVENTRY CT 06238
Ashish P. Diwanji officer: SVP, Innovation & CTO C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06074
James J Cannon director 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Suzanne Hammett director
William D Gurley director C/O LYDALL, INC. 1 COLONIAL ROAD PO BOX 151 MANCHESTER CT 06040
David G Bills director 1500 DEKOVEN AVE., RACINE WI 53403
Randall B Gonzales officer: EXEC VP & CFO EOS ENERGY ENTERPRISES, INC., 3920 PARK AVENUE, EDISON NJ 08820
Paul A Marold officer: President, Lydall PM ONE COLONIAL ROAD MANCHESTER CT 06042