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Longfor Group Holdings (Longfor Group Holdings) E10 : $4.01 (As of Dec. 2023)


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What is Longfor Group Holdings 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.

Longfor Group Holdings's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was $2.885. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.01 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 8.10% per year. During the past 5 years, the average E10 Growth Rate was 11.50% 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 Longfor Group Holdings was 17.40% per year. The lowest was 8.10% per year. And the median was 13.75% per year.

As of today (2024-05-21), Longfor Group Holdings's current stock price is $ 19.12. Longfor Group Holdings's E10 for the fiscal year that ended in Dec. 2023 was $4.01. Longfor Group Holdings's Shiller PE Ratio of today is 4.77.

During the past 13 years, the highest Shiller PE Ratio of Longfor Group Holdings was 22.70. The lowest was 2.69. And the median was 14.52.


Longfor Group Holdings E10 Historical Data

The historical data trend for Longfor Group Holdings'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.

Longfor Group Holdings E10 Chart

Longfor Group Holdings 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 2.86 3.23 3.67 4.00 4.01

Longfor Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 3.67 - 4.00 - 4.01

Competitive Comparison of Longfor Group Holdings's E10

For the Real Estate - Development subindustry, Longfor Group Holdings'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.


Longfor Group Holdings's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Longfor Group Holdings's Shiller PE Ratio distribution charts can be found below:

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



Longfor Group Holdings 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, Longfor Group Holdings's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.885/114.7809*114.7809
=2.885

Current CPI (Dec. 2023) = 114.7809.

Longfor Group Holdings Annual Data

per_share_eps CPI Adj_EPS
201412 2.456 99.000 2.847
201512 2.372 100.600 2.706
201612 2.269 102.600 2.538
201712 3.231 104.500 3.549
201812 3.966 106.500 4.274
201912 4.377 111.200 4.518
202012 5.108 111.500 5.258
202112 6.264 113.108 6.357
202212 5.809 115.116 5.792
202312 2.885 114.781 2.885

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


Longfor Group Holdings  (OTCPK:LGFRY) 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.

Longfor Group Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=19.12/4.01
=4.77

* 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 Longfor Group Holdings was 22.70. The lowest was 2.69. And the median was 14.52.


Be Aware

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


Longfor Group Holdings E10 Related Terms

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


Longfor Group Holdings (Longfor Group Holdings) Business Description

Traded in Other Exchanges
Address
No. 8 Beiyuan Street, Building 6, Beijing Longfor Blue Engine Industrial Park, Chaoyang District, Beijing, CHN, 100012
Longfor Group Holdings, or Longfor, is a privately owned real estate developer in China with contracted sales value placing it among the top 10 of all China's developers. The company focuses on developing high-quality residential projects, as well as operating shopping malls and rental apartments in China's wealthier cities. Property development represents the majority of Longfor's revenue and gross profit, while income from commercial properties, property management, and project management services have been growing fast. At the end of 2022, Wu Yajun remained Longfor's largest shareholder with an over 43% equity interest, while her ex-husband Cai Kui has a 23% stake.

Longfor Group Holdings (Longfor Group Holdings) Headlines