LEE (Lee Enterprises) E10: $1.29 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

LEE Lee Enterprises Inc LEE
43 GF Score
Price $8.06
GF Value $4.70
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Lee Enterprises E10?

Lee Enterprises LEE -1.10% 43 E10 is $1.29 as of Mar. 2026. GuruFocus rates LEE with a GF Score™ of 43/100 and a GF Value™ of $4.70 (Significantly Overvalued). The stock has 6 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.

Lee Enterprises's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Lee Enterprises's average E10 Growth Rate was -49.20% per year. During the past 3 years, the average E10 Growth Rate was 5.90% 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 Lee Enterprises was 60.10% per year. The lowest was -177.30% per year. And the median was 5.10% per year.

As of today (2026-08-05), Lee Enterprises's current stock price is $8.06. Lee Enterprises's E10 for the quarter that ended in Mar. 2026 was $1.29. Lee Enterprises's Shiller PE Ratio of today is 6.25.

During the past 13 years, the highest Shiller PE Ratio of Lee Enterprises was 38.09. The lowest was 1.64. And the median was 6.10.


Lee Enterprises  (NAS:LEE) 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.

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

Shiller PE Ratio=Share Price/E10
=8.06/1.29
=6.25

* 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 Lee Enterprises was 38.09. The lowest was 1.64. And the median was 6.10.


Be Aware

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


Lee Enterprises E10 Related Terms


Lee Enterprises E10 Historical Data

* Premium members only.

The historical data trend for Lee Enterprises'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.

Lee Enterprises E10 Chart

Lee Enterprises Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 1.82 3.78 3.27 2.16

Lee Enterprises Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.54 2.49 2.16 1.77 1.29

LEE vs EDUC, IDWM, TNMG: E10 Comparison

For the Publishing subindustry, Lee Enterprises'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.


Lee Enterprises Shiller PE Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Lee Enterprises's Shiller PE Ratio distribution charts can be found below:

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


LEE
43GF Score
Lee Enterprises Inc LEE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lee Enterprises 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, Lee Enterprises's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.16/330.2130*330.2130
=-0.160

Current CPI (Mar. 2026) = 330.2130.

Lee Enterprises Quarterly Data

per share eps CPI Adj_EPS
201606 0.800 241.018 1.096
201609 0.100 241.428 0.137
201612 2.200 241.432 3.009
201703 1.100 243.801 1.490
201706 1.100 244.955 1.483
201709 0.600 246.819 0.803
201712 6.300 246.524 8.439
201803 0.400 249.554 0.529
201806 0.800 251.989 1.048
201809 0.700 252.439 0.916
201812 1.800 251.233 2.366
201903 -0.500 254.202 -0.650
201906 1.000 256.143 1.289
201909 0.100 256.759 0.129
201912 0.900 256.974 1.157
202003 -0.950 258.115 -1.215
202006 -0.230 257.797 -0.295
202009 -0.300 260.280 -0.381
202012 2.770 260.474 3.512
202103 -0.200 264.877 -0.249
202106 0.550 271.696 0.668
202109 0.750 274.310 0.903
202112 2.170 278.802 2.570
202203 -1.260 287.504 -1.447
202206 -0.050 296.311 -0.056
202209 -1.090 296.808 -1.213
202212 0.190 296.797 0.211
202303 -1.010 301.836 -1.105
202306 0.250 305.109 0.271
202309 -0.320 307.789 -0.343
202312 0.120 306.746 0.129
202403 -2.060 312.332 -2.178
202406 -0.730 314.175 -0.767
202409 -1.690 315.301 -1.770
202412 -2.800 315.605 -2.930
202503 -2.070 319.799 -2.137
202506 -0.310 322.561 -0.317
202509 -1.060 324.800 -1.078
202512 -0.920 324.054 -0.937
202603 -0.160 330.213 -0.160

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 $1.29 mean?
Lee Enterprises (LEE) has a E10 of $1.29 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Lee Enterprises and its competitors.
Is Lee Enterprises' E10 too high?
Lee Enterprises' current E10 is $1.29. Overall, Lee Enterprises has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lee Enterprises' E10 compare to EDUC and IDWM?
Lee Enterprises' E10 of $1.29 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good E10 depends on the Media - Diversified 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 Lee Enterprises and its competitors. Lee Enterprises's current E10 is $1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lee Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Lee Enterprises (LEE) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.70, compared to a current price of $8.06 — trading 71.5% above its estimated fair value. The current E10 is $1.29. Lee Enterprises' overall GF Score™ is 43/100 with 6 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 Lee Enterprises (LEE), the current E10 is $1.29 as of Mar. 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 Lee Enterprises (LEE) Overvalued in 2026?

Based on GuruFocus' analysis, Lee Enterprises stock appears to be overvalued. The current stock price of $8.06 is trading 71.5% above its estimated GF Value™ of $4.70. GuruFocus considers Lee Enterprises to be Significantly Overvalued.

Key valuation signals for LEE:

  • E10: $1.29
  • GF Value™: $4.70 vs. price of $8.06 (71.5% above fair value)
  • GF Score™: 43/100 with 6 warning signs

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


Lee Enterprises Business Description

Other Exchanges LE7:Germany
Address 4600 E 53rd Street, Davenport, IA, USA, 52807
Lee Enterprises Inc is a local news publication company in the United States. It is a digital-first subscription business providing local markets with valuable, high-quality, trusted, intensely local news, information, advertising, and marketing services. The product portfolio of the company includes digital subscription platforms, daily, weekly, and monthly newspapers, and niche products, all delivering original local news and information as well as national and international news. The products offer digital and print editions, and content and advertising are available in real-time through the websites and mobile apps.
43GF Score

Get the complete analysis for LEE

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

$8.06
Price
$4.70
GF Value