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Lenzing AG (Lenzing AG) E10 : $1.98 (As of Mar. 2024)


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What is Lenzing AG 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.

Lenzing AG's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.902. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lenzing AG's average E10 Growth Rate was -50.00% per year. During the past 3 years, the average E10 Growth Rate was -28.40% per year. During the past 5 years, the average E10 Growth Rate was -17.20% 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 Lenzing AG was -6.00% per year. The lowest was -28.40% per year. And the median was -9.35% per year.

As of today (2024-06-10), Lenzing AG's current stock price is $36.36. Lenzing AG's E10 for the quarter that ended in Mar. 2024 was $1.98. Lenzing AG's Shiller PE Ratio of today is 18.36.

During the past 13 years, the highest Shiller PE Ratio of Lenzing AG was 24.95. The lowest was 6.12. And the median was 14.10.


Lenzing AG E10 Historical Data

The historical data trend for Lenzing AG'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.

Lenzing AG E10 Chart

Lenzing AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.69 3.82 5.77 4.84 2.15

Lenzing AG 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 4.22 3.51 3.69 2.15 1.98

Competitive Comparison of Lenzing AG's E10

For the Textile Manufacturing subindustry, Lenzing AG'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.


Lenzing AG's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lenzing AG's Shiller PE Ratio distribution charts can be found below:

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



Lenzing AG 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, Lenzing AG'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)
=-0.902/133.7589*133.7589
=-0.902

Current CPI (Mar. 2024) = 133.7589.

Lenzing AG Quarterly Data

per share eps CPI Adj_EPS
201406 0.345 99.496 0.464
201409 1.240 99.586 1.666
201412 -2.363 99.676 -3.171
201503 0.625 99.992 0.836
201506 1.306 100.492 1.738
201509 1.237 100.292 1.650
201512 1.468 100.692 1.950
201603 1.598 100.692 2.123
201606 1.819 101.092 2.407
201609 2.445 101.192 3.232
201612 2.307 102.092 3.023
201703 2.573 102.592 3.355
201706 2.752 102.991 3.574
201709 2.680 103.591 3.460
201712 2.433 104.291 3.120
201803 2.039 104.491 2.610
201806 1.584 105.091 2.016
201809 1.654 105.691 2.093
201812 0.547 106.291 0.688
201903 1.631 106.391 2.051
201906 1.305 106.791 1.635
201909 1.397 106.991 1.747
201912 0.214 108.091 0.265
202003 0.812 108.024 1.005
202006 -0.768 107.915 -0.952
202009 -0.165 108.348 -0.204
202012 0.362 109.321 0.443
202103 1.104 110.186 1.340
202106 2.108 110.943 2.542
202109 0.731 111.916 0.874
202112 0.386 113.971 0.453
202203 0.838 117.647 0.953
202206 1.575 120.567 1.747
202209 -0.198 123.811 -0.214
202212 -5.201 125.541 -5.541
202303 -3.244 128.460 -3.378
202306 -0.964 130.191 -0.990
202309 -1.035 131.272 -1.055
202312 -16.489 132.570 -16.637
202403 -0.902 133.759 -0.902

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


Lenzing AG  (OTCPK:LNZNF) 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.

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

Shiller PE Ratio=Share Price/E10
=36.36/1.98
=18.36

* 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 Lenzing AG was 24.95. The lowest was 6.12. And the median was 14.10.


Be Aware

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


Lenzing AG E10 Related Terms

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


Lenzing AG (Lenzing AG) Business Description

Traded in Other Exchanges
Address
Werkstrasse 2, Lenzing, AUT, 4860
Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications, The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company's own cellulosic fiber production and marketed externally, and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment.

Lenzing AG (Lenzing AG) Headlines

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