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LG Display Co (LG Display Co) Shiller PE Ratio : (As of Apr. 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
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 675.25 - - - -

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 Sep. 2023 is calculated as:

For example, LG Display Co's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.726/119.1112*119.1112
=-0.726

Current CPI (Sep. 2023) = 119.1112.

LG Display Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.091 98.279 0.110
201403 -0.100 99.253 -0.120
201406 0.341 99.353 0.409
201409 0.454 99.608 0.543
201412 0.459 99.098 0.552
201503 0.554 99.720 0.662
201506 0.405 100.050 0.482
201509 0.215 100.110 0.256
201512 -0.019 100.220 -0.023
201603 0.003 100.560 0.004
201606 -0.083 100.790 -0.098
201609 0.216 101.460 0.254
201612 0.907 101.560 1.064
201703 0.751 102.850 0.870
201706 0.821 102.610 0.953
201709 0.525 103.490 0.604
201712 0.046 102.990 0.053
201803 -0.075 104.100 -0.086
201806 -0.365 104.130 -0.418
201809 0.004 105.650 0.005
201812 0.175 104.350 0.200
201903 -0.072 104.490 -0.082
201906 -0.629 104.880 -0.714
201909 -0.472 105.200 -0.534
201912 -2.062 105.120 -2.336
202003 -0.220 105.540 -0.248
202006 -0.545 104.870 -0.619
202009 0.035 106.200 0.039
202012 0.692 105.765 0.779
202103 0.272 107.357 0.302
202106 0.435 107.579 0.482
202109 0.275 108.759 0.301
202112 0.198 109.676 0.215
202203 -0.041 111.806 -0.044
202206 -0.468 114.083 -0.489
202209 -0.760 114.831 -0.788
202212 -2.077 115.200 -2.148
202303 -1.250 116.550 -1.277
202306 -0.890 117.140 -0.905
202309 -0.726 119.111 -0.726

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  (NYSE:LPL) 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 (LG Display Co) 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.