Largo (LGO) E10: $0.05 (As of Mar. 2026)


LGO Largo Inc LGO
59 GF Score
Price $0.69
GF Value $1.15
Valuation Possible Value Trap
! 6 Warning Signs
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What is Largo E10?

Largo LGO +2.53% 59 E10 is $0.05 as of Mar. 2026. GuruFocus rates LGO with a GF Score™ of 59/100 and a GF Value™ of $1.15 (Possible Value Trap). 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.

Largo's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.05 for the trailing ten years ended in Mar. 2026.

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 Largo was 26.80% per year. The lowest was -0.80% per year. And the median was 14.90% per year.

As of today (2026-06-25), Largo's current stock price is $0.6901. Largo's E10 for the quarter that ended in Mar. 2026 was $0.05. Largo's Shiller PE Ratio of today is 13.80.

During the past 13 years, the highest Shiller PE Ratio of Largo was 58.00. The lowest was 13.40. And the median was 31.00.


Largo  (NAS:LGO) 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.

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

Shiller PE Ratio=Share Price/E10
=0.6901/0.05
=13.80

* 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 Largo was 58.00. The lowest was 13.40. And the median was 31.00.


Be Aware

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


Largo E10 Related Terms


Largo E10 Historical Data

* Premium members only.

The historical data trend for Largo'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.

Largo E10 Chart

Largo 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 -1.69 -1.12 -1.03 -0.58 0.03

Largo 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 -0.24 -0.27 -0.09 0.03 0.05

Largo E10 Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Largo'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.


Largo Shiller PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Largo's Shiller PE Ratio distribution charts can be found below:

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


LGO
59GF Score
Largo Inc LGO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Largo 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, Largo'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)
=-0.07/132.2623*132.2623
=-0.070

Current CPI (Mar. 2026) = 132.2623.

Largo Quarterly Data

per share eps CPI Adj_EPS
201606 -0.155 102.002 -0.201
201609 -0.456 101.765 -0.593
201612 -0.129 101.449 -0.168
201703 -0.150 102.634 -0.193
201706 -0.231 103.029 -0.297
201709 0.242 103.345 0.310
201712 0.002 103.345 0.003
201803 0.542 105.004 0.683
201806 1.064 105.557 1.333
201809 0.851 105.636 1.066
201812 1.043 105.399 1.309
201903 -0.031 106.979 -0.038
201906 -0.300 107.690 -0.368
201909 -0.100 107.611 -0.123
201912 -0.100 107.769 -0.123
202003 0.070 107.927 0.086
202006 -0.120 108.401 -0.146
202009 0.040 108.164 0.049
202012 0.112 108.559 0.136
202103 0.070 110.298 0.084
202106 0.130 111.720 0.154
202109 0.140 112.905 0.164
202112 0.010 113.774 0.012
202203 -0.030 117.646 -0.034
202206 0.280 120.806 0.307
202209 -0.040 120.648 -0.044
202212 -0.233 120.964 -0.255
202303 -0.020 122.702 -0.022
202306 -0.090 124.203 -0.096
202309 -0.190 125.230 -0.201
202312 -0.174 125.072 -0.184
202403 -0.200 126.258 -0.210
202406 -0.230 127.522 -0.239
202409 -0.160 127.285 -0.166
202412 -0.190 127.364 -0.197
202503 -0.140 129.181 -0.143
202506 -0.090 129.892 -0.092
202509 -0.570 130.287 -0.579
202512 -0.220 130.366 -0.223
202603 -0.070 132.262 -0.070

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 $0.05 mean?
Largo (LGO) has a E10 of $0.05 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Largo and its competitors.
Is Largo's E10 too high?
Largo's current E10 is $0.05. Overall, Largo has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Largo's E10 compare to competitors?
Largo's E10 of $0.05 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good E10 depends on the Metals & Mining 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 Largo and its competitors. Largo's current E10 is $0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Largo stock overvalued right now?
Based on GuruFocus' analysis, Largo (LGO) is currently considered Possible Value Trap. The stock's GF Value™ is $1.15, compared to a current price of $0.69 — trading 40% below its estimated fair value. The current E10 is $0.05. Largo's overall GF Score™ is 59/100 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 Largo (LGO), the current E10 is $0.05 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 Largo (LGO) Overvalued in 2026?

Based on GuruFocus' analysis, Largo stock appears to be undervalued. The current stock price of $0.69 is trading 40% below its estimated GF Value™ of $1.15. GuruFocus considers Largo to be Possible Value Trap.

Key valuation signals for LGO:

  • E10: $0.05
  • GF Value™: $1.15 vs. price of $0.69 (40% below fair value)
  • GF Score™: 59/100 with 6 warning signs

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


Largo Business Description

Other Exchanges LR8:GermanyLGO:Canada
Address 100 King Street West, Suite 1600, First Canadian Place, Toronto, ON, CAN, M5X 1G5
Largo Inc is committed to the production and supply of high-quality vanadium products. The company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, predominantly in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder. The company has operating segments: sales & trading, mine properties, which generates key revenue, corporate, exploration and evaluation properties, Clean Energy, and Largo Physical Vanadium.
59GF Score

Get the complete analysis for LGO

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

$0.69
Price
$1.15
GF Value