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LeMaitre Vascular (FRA:LHU) E10 : €0.98 (As of Mar. 2024)


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What is LeMaitre Vascular 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.

LeMaitre Vascular's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.405. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, LeMaitre Vascular's average E10 Growth Rate was 17.80% per year. During the past 3 years, the average E10 Growth Rate was 18.60% per year. During the past 5 years, the average E10 Growth Rate was 17.90% per year. During the past 10 years, the average E10 Growth Rate was 39.30% 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 LeMaitre Vascular was 81.70% per year. The lowest was 17.50% per year. And the median was 34.65% per year.

As of today (2024-06-13), LeMaitre Vascular's current stock price is €72.00. LeMaitre Vascular's E10 for the quarter that ended in Mar. 2024 was €0.98. LeMaitre Vascular's Shiller PE Ratio of today is 73.47.

During the past 13 years, the highest Shiller PE Ratio of LeMaitre Vascular was 209.75. The lowest was 40.36. And the median was 80.31.


LeMaitre Vascular E10 Historical Data

The historical data trend for LeMaitre Vascular'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.

LeMaitre Vascular E10 Chart

LeMaitre Vascular 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 0.47 0.47 0.66 0.79 0.92

LeMaitre Vascular 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 0.81 0.85 0.91 0.92 0.98

Competitive Comparison of LeMaitre Vascular's E10

For the Medical Instruments & Supplies subindustry, LeMaitre Vascular'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.


LeMaitre Vascular's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, LeMaitre Vascular's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where LeMaitre Vascular's Shiller PE Ratio falls into.



LeMaitre Vascular 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, LeMaitre Vascular'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)
=0.405/131.7762*131.7762
=0.405

Current CPI (Mar. 2024) = 131.7762.

LeMaitre Vascular Quarterly Data

per share eps CPI Adj_EPS
201406 0.059 100.560 0.077
201409 0.039 100.428 0.051
201412 0.089 99.070 0.118
201503 0.074 99.621 0.098
201506 0.089 100.684 0.116
201509 0.098 100.392 0.129
201512 0.119 99.792 0.157
201603 0.099 100.470 0.130
201606 0.125 101.688 0.162
201609 0.151 101.861 0.195
201612 0.123 101.863 0.159
201703 0.150 102.862 0.192
201706 0.205 103.349 0.261
201709 0.210 104.136 0.266
201712 0.177 104.011 0.224
201803 0.154 105.290 0.193
201806 0.368 106.317 0.456
201809 0.180 106.507 0.223
201812 0.264 105.998 0.328
201903 0.150 107.251 0.184
201906 0.204 108.070 0.249
201909 0.227 108.329 0.276
201912 0.207 108.420 0.252
202003 0.145 108.902 0.175
202006 0.151 108.767 0.183
202009 0.314 109.815 0.377
202012 0.279 109.897 0.335
202103 0.235 111.754 0.277
202106 0.332 114.631 0.382
202109 0.255 115.734 0.290
202112 0.248 117.630 0.278
202203 0.245 121.301 0.266
202206 0.151 125.017 0.159
202209 0.253 125.227 0.266
202212 0.236 125.222 0.248
202303 0.252 127.348 0.261
202306 0.332 128.729 0.340
202309 0.309 129.860 0.314
202312 0.348 129.419 0.354
202403 0.405 131.776 0.405

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


LeMaitre Vascular  (FRA:LHU) 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.

LeMaitre Vascular's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=72.00/0.98
=73.47

* 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 LeMaitre Vascular was 209.75. The lowest was 40.36. And the median was 80.31.


Be Aware

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


LeMaitre Vascular E10 Related Terms

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


LeMaitre Vascular (FRA:LHU) Business Description

Traded in Other Exchanges
Address
63 Second Avenue, Burlington, MA, USA, 01803
LeMaitre Vascular Inc manufactures and distributes medical devices for the treatment of peripheral vascular disease. Its products are primarily used during open vascular surgery and address several anatomical areas, such as the carotid, lower extremities, upper extremities, and aorta. The firm's lower extremities product line contributes the largest proportion of revenue, followed by the carotid product line. LeMaitre's surgical devices include angioscopes, balloon catheters, carotid shunts, phlebectomy devices, vascular grafts, vascular patches, and vessel closure systems. LeMaitre generates the majority of its revenue in the United States.

LeMaitre Vascular (FRA:LHU) Headlines

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