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Lenovo Group (FRA:LHL) Shiller PE Ratio : 19.99 (As of May. 11, 2024)


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What is Lenovo Group Shiller PE Ratio?

As of today (2024-05-11), Lenovo Group's current share price is €1.1995. Lenovo Group's E10 for the quarter that ended in Dec. 2023 was €0.06. Lenovo Group's Shiller PE Ratio for today is 19.99.

The historical rank and industry rank for Lenovo Group's Shiller PE Ratio or its related term are showing as below:

FRA:LHL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.11   Med: 17.2   Max: 44
Current: 18.68

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

FRA:LHL's Shiller PE Ratio is ranked better than
64.01% of 1378 companies
in the Hardware industry
Industry Median: 24.16 vs FRA:LHL: 18.68

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.

Lenovo Group's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.024. 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 Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lenovo Group Shiller PE Ratio Historical Data

The historical data trend for Lenovo Group'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.

Lenovo Group Shiller PE Ratio Chart

Lenovo Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.26 11.27 26.80 17.10 15.56

Lenovo Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.73 15.56 15.06 14.96 20.16

Competitive Comparison of Lenovo Group's Shiller PE Ratio

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 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.

Lenovo Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.1995/0.06
=19.99

* 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.

Lenovo Group's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Lenovo Group's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.024/117.2957*117.2957
=0.024

Current CPI (Dec. 2023) = 117.2957.

Lenovo Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.011 95.749 0.013
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 -0.023
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

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.


Lenovo Group  (FRA:LHL) 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.


Lenovo Group Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Lenovo Group's Shiller PE Ratio 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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