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Ledyard Financial Group (Ledyard Financial Group) E10 : $2.28 (As of Mar. 2024)


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What is Ledyard Financial Group 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.

Ledyard Financial Group's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.28 for the trailing ten years ended in Mar. 2024.

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 (2024-06-08), Ledyard Financial Group's current stock price is $14.06. Ledyard Financial Group's E10 for the quarter that ended in Mar. 2024 was $2.28. Ledyard Financial Group's Shiller PE Ratio of today is 6.17.

During the past 13 years, the highest Shiller PE Ratio of Ledyard Financial Group was 7.22. The lowest was 5.37. And the median was 6.51.


Ledyard Financial Group E10 Historical Data

The historical data trend for Ledyard Financial Group'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.

Ledyard Financial Group E10 Chart

Ledyard Financial Group 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 - - - - 2.35

Ledyard Financial Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Dec21 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 - - 2.46 2.35 2.28

Competitive Comparison of Ledyard Financial Group's E10

For the Banks - Regional subindustry, Ledyard Financial Group'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.


Ledyard Financial Group's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ledyard Financial Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ledyard Financial Group's Shiller PE Ratio falls into.



Ledyard Financial Group 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, Ledyard Financial Group'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)
=0.14/131.7762*131.7762
=0.140

Current CPI (Mar. 2024) = 131.7762.

Ledyard Financial Group Quarterly Data

per share eps CPI Adj_EPS
201303 0.247 98.209 0.331
201306 0.257 98.518 0.344
201312 0.970 98.326 1.300
201403 0.300 99.695 0.397
201406 0.317 100.560 0.415
201409 0.343 100.428 0.450
201412 0.307 99.070 0.408
201503 0.357 99.621 0.472
201506 0.323 100.684 0.423
201509 0.327 100.392 0.429
201512 0.277 99.792 0.366
201603 0.320 100.470 0.420
201606 0.340 101.688 0.441
201609 0.343 101.861 0.444
201612 0.317 101.863 0.410
201703 0.320 102.862 0.410
201706 0.360 103.349 0.459
201709 0.360 104.136 0.456
201712 0.180 104.011 0.228
201803 0.380 105.290 0.476
201806 0.430 106.317 0.533
201809 0.440 106.507 0.544
201812 0.390 105.998 0.485
201903 0.410 107.251 0.504
201906 0.500 108.070 0.610
201909 0.500 108.329 0.608
201912 0.410 108.420 0.498
202003 0.500 108.902 0.605
202006 0.520 108.767 0.630
202009 0.540 109.815 0.648
202012 0.560 109.897 0.671
202112 2.380 117.630 2.666
202206 0.630 125.017 0.664
202209 0.630 125.227 0.663
202212 2.130 125.222 2.241
202303 0.450 127.348 0.466
202306 0.220 128.729 0.225
202309 0.250 129.860 0.254
202312 0.039 129.419 0.040
202403 0.140 131.776 0.140

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


Ledyard Financial Group  (OTCPK:LFGP) 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.

Ledyard Financial Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.06/2.28
=6.17

* 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 Ledyard Financial Group was 7.22. The lowest was 5.37. And the median was 6.51.


Be Aware

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


Ledyard Financial Group E10 Related Terms

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


Ledyard Financial Group (Ledyard Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
2 Maple Street, Hanover, NH, USA, 03755
Ledyard Financial Group Inc is a bank holding company. The company, through its subsidiary, operates in two segments: banking and wealth advisory services. The Banking segment consists of lending to commercial and consumer customers, as well as deposit-gathering activities. The Wealth advisory services include financial planning services, investment management services, personal tax services, trustee services, and estate planning. All of its revenues come from the Banking segment.

Ledyard Financial Group (Ledyard Financial Group) Headlines

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