Leatt (LEAT) E10: $0.71 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LEAT Leatt Corp LEAT
72 GF Score
Price $12.46
GF Value $11.62
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Leatt E10?

Leatt LEAT 72 E10 is $0.71 as of Jun. 2026. GuruFocus rates LEAT with a GF Score™ of 72/100 and a GF Value™ of $11.62 (Fairly Valued). The stock has 2 warning signs investors should review.

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.

Leatt's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.71 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Leatt's average E10 Growth Rate was 12.70% per year. During the past 3 years, the average E10 Growth Rate was 4.50% 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 Leatt was 16.80% per year. The lowest was 4.50% per year. And the median was 10.65% per year.

As of today (2026-08-30), Leatt's current stock price is $12.4628. Leatt's E10 for the quarter that ended in Jun. 2026 was $0.71. Leatt's Shiller PE Ratio of today is 17.55.

During the past 13 years, the highest Shiller PE Ratio of Leatt was 112.50. The lowest was 9.03. And the median was 17.74.


Leatt  (OTCPK:LEAT) 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.

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

Shiller PE Ratio=Share Price/E10
=12.4628/0.71
=17.55

* 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 Leatt was 112.50. The lowest was 9.03. And the median was 17.74.


Be Aware

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


Leatt E10 Related Terms


Leatt E10 Historical Data

* Premium members only.

The historical data trend for Leatt'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.

Leatt E10 Chart

Leatt Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.57 0.62 0.59 0.65

Leatt Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.63 0.64 0.65 0.68 0.71

LEAT vs PUSA, NOMA, GDHG: E10 Comparison

For the Leisure subindustry, Leatt'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.


Leatt Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Leatt's Shiller PE Ratio distribution charts can be found below:

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


LEAT
72GF Score
Leatt Corp LEAT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leatt 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, Leatt's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.14/169.0200*169.0200
=0.140

Current CPI (Jun. 2026) = 169.0200.

Leatt Quarterly Data

per share eps CPI Adj_EPS
201609 0.010 107.694 0.016
201612 -0.120 109.002 -0.186
201703 0.050 111.400 0.076
201706 -0.040 112.054 -0.060
201709 0.050 112.926 0.075
201712 -0.020 113.907 -0.030
201803 0.030 115.542 0.044
201806 -0.010 116.959 -0.014
201809 0.200 118.376 0.286
201812 0.000 118.921 0.000
201903 0.002 120.774 0.003
201906 0.010 122.191 0.014
201909 0.240 123.281 0.329
201912 0.000 123.717 0.000
202003 0.070 125.679 0.094
202006 0.120 124.807 0.163
202009 0.270 126.878 0.360
202012 0.290 127.467 0.385
202103 0.340 129.628 0.443
202106 0.390 131.113 0.503
202109 0.690 133.273 0.875
202112 0.650 135.029 0.814
202203 0.680 137.594 0.835
202206 0.440 140.835 0.528
202209 0.650 143.671 0.765
202212 -0.190 145.156 -0.221
202303 0.160 147.586 0.183
202306 0.120 148.802 0.136
202309 0.070 151.502 0.078
202312 -0.250 152.718 -0.277
202403 -0.130 155.483 -0.141
202406 -0.170 156.269 -0.184
202409 0.020 157.212 0.022
202412 -0.070 157.212 -0.075
202503 0.170 159.728 0.180
202506 0.180 160.985 0.189
202509 0.080 162.570 0.083
202512 0.080 162.880 0.083
202603 0.270 164.770 0.277
202606 0.140 169.020 0.140

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.71 mean?
Leatt (LEAT) has a E10 of $0.71 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Leatt and its competitors.
Is Leatt's E10 too high?
Leatt's current E10 is $0.71. Overall, Leatt has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Leatt's E10 compare to PUSA and NOMA?
Leatt's E10 of $0.71 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Travel & Leisure company?
A good E10 depends on the Travel & Leisure industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Leatt and its competitors. Leatt's current E10 is $0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leatt stock overvalued right now?
Based on GuruFocus' analysis, Leatt (LEAT) is currently considered Fairly Valued. The stock's GF Value™ is $11.62, compared to a current price of $12.46 — trading 7.3% above its estimated fair value. The current E10 is $0.71. Leatt's overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Leatt (LEAT), the current E10 is $0.71 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Leatt (LEAT) Overvalued in 2026?

Based on GuruFocus' analysis, Leatt stock appears to be overvalued. The current stock price of $12.46 is trading 7.3% above its estimated GF Value™ of $11.62. GuruFocus considers Leatt to be Fairly Valued.

Key valuation signals for LEAT:

  • E10: $0.71
  • GF Value™: $11.62 vs. price of $12.46 (7.3% above fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the LEAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leatt Business Description

Address Contermanskloof Road, 12 Kiepersol Drive, Atlas Gardens, Durbanville, WC, ZAF, 7550
Leatt Corp designs, develops, markets, and distributes personal protective equipment for participants in all forms of motorsports and leisure activities, including riders of motorcycles, bicycles, snowmobiles, and ATVs, as well as racing car drivers. The company operates through the Leatt-Brace brand, which offers a patented injection molded neck protection system designed to prevent potentially devastating injuries to the cervical spine and neck. Geographically, all the operations function throughout the U.S.
72GF Score

Get the complete analysis for LEAT

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.46
Price
$11.62
GF Value