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Lion Capital (BSE:LION) E10 : lei0.35 (As of Jun. 2023)


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What is Lion Capital 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.

Lion Capital's adjusted earnings per share data for the three months ended in Jun. 2023 was lei0.233. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is lei0.35 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Lion Capital's average E10 Growth Rate was -100.00% 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.

As of today (2024-06-13), Lion Capital's current stock price is lei2.78. Lion Capital's E10 for the quarter that ended in Jun. 2023 was lei0.35. Lion Capital's Shiller PE Ratio of today is 7.94.

During the past 13 years, the highest Shiller PE Ratio of Lion Capital was 14.00. The lowest was 6.71. And the median was 7.39.


Lion Capital E10 Historical Data

The historical data trend for Lion Capital'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.

Lion Capital E10 Chart

Lion Capital 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 - - - 0.33 -

Lion Capital Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
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 - 0.18 0.33 0.35 -

Competitive Comparison of Lion Capital's E10

For the Asset Management subindustry, Lion Capital'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.


Lion Capital's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Lion Capital's Shiller PE Ratio distribution charts can be found below:

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



Lion Capital 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, Lion Capital's adjusted earnings per share data for the three months ended in Jun. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.233/128.7287*128.7287
=0.233

Current CPI (Jun. 2023) = 128.7287.

Lion Capital Quarterly Data

per share eps CPI Adj_EPS
201112 0.000 95.213 0.000
201203 0.036 96.783 0.048
201206 0.140 96.819 0.186
201212 0.007 96.871 0.009
201303 0.025 98.209 0.033
201306 0.027 98.518 0.035
201309 0.014 98.790 0.018
201312 0.080 98.326 0.105
201403 0.099 99.695 0.128
201406 0.173 100.560 0.221
201409 0.004 100.428 0.005
201412 -0.023 99.070 -0.030
201503 0.034 99.621 0.044
201506 0.045 100.684 0.058
201509 0.006 100.392 0.008
201512 0.052 99.792 0.067
201603 0.008 100.470 0.010
201606 0.118 101.688 0.149
201609 0.042 101.861 0.053
201612 -0.058 101.863 -0.073
201703 0.010 102.862 0.013
201706 0.052 103.349 0.065
201709 0.045 104.136 0.056
201712 0.113 104.011 0.140
201803 0.014 105.290 0.017
201806 0.092 106.317 0.111
201809 0.020 106.507 0.024
201812 0.038 105.998 0.046
201903 0.013 107.251 0.016
201906 0.176 108.070 0.210
201912 0.118 108.420 0.140
202006 -0.106 108.767 -0.125
202012 0.278 109.897 0.326
202106 0.421 114.631 0.473
202109 0.203 115.734 0.226
202112 0.184 117.630 0.201
202206 0.024 125.017 0.025
202209 -0.010 125.227 -0.010
202212 0.170 125.222 0.175
202306 0.233 128.729 0.233

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


Lion Capital  (BSE:LION) 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.

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

Shiller PE Ratio=Share Price/E10
=2.78/0.35
=7.94

* 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 Lion Capital was 14.00. The lowest was 6.71. And the median was 7.39.


Be Aware

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


Lion Capital E10 Related Terms

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


Lion Capital (BSE:LION) Business Description

Traded in Other Exchanges
N/A
Address
35A Calea Victoriei, Arad, ROU, 310158
Lion Capital SA is a Romania-based Joint-stock company. It is a closed-ended, diversified Alternative Investment Fund for retail investors (FIAIR), and self-administered. Its activities include financial intermediation with the exception of insurance activities and pension funds which are for other financial intermediation nca, portfolio management, risk management, and other activities carried out within the collective administration of an investment fund, permitted by the legislation in force.