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LG Display Co (WBO:LGA) Shiller PE Ratio : (As of May. 25, 2024)


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What is LG Display Co Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


LG Display Co Shiller PE Ratio Historical Data

The historical data trend for LG Display Co'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.

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LG Display Co Shiller PE Ratio Chart

LG Display Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.34 42.86 24.41 675.25 -

LG Display Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of LG Display Co's Shiller PE Ratio

For the Consumer Electronics subindustry, LG Display Co'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.


LG Display Co's Shiller PE Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where LG Display Co's Shiller PE Ratio falls into.



LG Display Co 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.

LG Display Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, LG Display Co'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)
=-0.704/118.8477*118.8477
=-0.704

Current CPI (Mar. 2024) = 118.8477.

LG Display Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.251 99.353 0.300
201409 0.353 99.608 0.421
201412 0.372 99.098 0.446
201503 0.512 99.720 0.610
201506 0.361 100.050 0.429
201509 0.192 100.110 0.228
201512 -0.017 100.220 -0.020
201603 0.003 100.560 0.004
201606 -0.074 100.790 -0.087
201609 0.192 101.460 0.225
201612 0.860 101.560 1.006
201703 0.703 102.850 0.812
201706 0.731 102.610 0.847
201709 0.441 103.490 0.506
201712 0.039 102.990 0.045
201803 -0.061 104.100 -0.070
201806 -0.313 104.130 -0.357
201809 0.004 105.650 0.004
201812 0.154 104.350 0.175
201903 -0.064 104.490 -0.073
201906 -0.556 104.880 -0.630
201909 -0.429 105.200 -0.485
201912 -1.856 105.120 -2.098
202003 -0.199 105.540 -0.224
202006 -0.484 104.870 -0.549
202009 0.030 106.200 0.034
202012 0.569 105.765 0.639
202103 0.228 107.357 0.252
202106 0.361 107.579 0.399
202109 0.234 108.759 0.256
202112 0.176 109.676 0.191
202203 -0.038 111.806 -0.040
202206 -0.442 114.083 -0.460
202209 -0.768 114.831 -0.795
202212 -1.961 115.200 -2.023
202303 -1.140 116.550 -1.162
202306 -0.821 117.140 -0.833
202309 -0.680 119.111 -0.678
202312 0.046 118.848 0.046
202403 -0.704 118.848 -0.704

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.


LG Display Co  (WBO:LGA) 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.


LG Display Co Shiller PE Ratio Related Terms

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LG Display Co (WBO:LGA) Business Description

Traded in Other Exchanges
Address
LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336
LG Display is a South Korea-based company that is principally engaged in developing, manufacturing and selling TFT-LCD and OLED display panels. The company's products consist of panels for notebook computers, monitors, televisions, smartphones, tablets, and others. The company conducts direct sales through overseas subsidiaries in a number of countries, including the United States, Germany, Japan, Taiwan, China, and Singapore. These subsidiaries conduct sales activities and offer technical support to clients. The company generates the majority of its revenue from overseas markets, with the rest from South Korea.

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