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Live Ventures (Live Ventures) E10 : $2.04 (As of Dec. 2023)


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What is Live Ventures 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.

Live Ventures's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Live Ventures's average E10 Growth Rate was 23.60% 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 Live Ventures was 44.40% per year. The lowest was -200.50% per year. And the median was -6.40% per year.

As of today (2024-04-27), Live Ventures's current stock price is $25.87. Live Ventures's E10 for the quarter that ended in Dec. 2023 was $2.04. Live Ventures's Shiller PE Ratio of today is 12.68.

During the past 13 years, the highest Shiller PE Ratio of Live Ventures was 708.89. The lowest was 11.62. And the median was 18.14.


Live Ventures E10 Historical Data

The historical data trend for Live Ventures'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.

Live Ventures E10 Chart

Live Ventures Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.61 -2.48 0.44 1.49 2.04

Live Ventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.65 2.02 2.12 2.04 2.04

Competitive Comparison of Live Ventures's E10

For the Home Improvement Retail subindustry, Live Ventures'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.


Live Ventures's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Live Ventures's Shiller PE Ratio distribution charts can be found below:

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



Live Ventures 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, Live Ventures's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.22/129.4194*129.4194
=-0.220

Current CPI (Dec. 2023) = 129.4194.

Live Ventures Quarterly Data

per share eps CPI Adj_EPS
201403 -0.420 99.695 -0.545
201406 -0.660 100.560 -0.849
201409 -0.720 100.428 -0.928
201412 -1.980 99.070 -2.587
201503 -0.420 99.621 -0.546
201506 -1.560 100.684 -2.005
201509 -1.680 100.392 -2.166
201512 0.050 99.792 0.065
201603 0.370 100.470 0.477
201606 4.050 101.688 5.154
201609 0.920 101.861 1.169
201612 0.370 101.863 0.470
201703 0.470 102.862 0.591
201706 0.550 103.349 0.689
201709 0.300 104.136 0.373
201712 0.500 104.011 0.622
201803 0.500 105.290 0.615
201806 0.560 106.317 0.682
201809 0.020 106.507 0.024
201812 0.410 105.998 0.501
201903 0.130 107.251 0.157
201906 0.410 108.070 0.491
201909 -4.105 108.329 -4.904
201912 0.150 108.420 0.179
202003 0.540 108.902 0.642
202006 1.070 108.767 1.273
202009 1.220 109.815 1.438
202012 1.630 109.897 1.920
202103 2.660 111.754 3.080
202106 3.010 114.631 3.398
202109 2.490 115.734 2.784
202112 2.040 117.630 2.244
202203 4.840 121.301 5.164
202206 1.110 125.017 1.149
202209 -0.210 125.227 -0.217
202212 0.600 125.222 0.620
202303 0.490 127.348 0.498
202306 0.330 128.729 0.332
202309 -1.460 129.860 -1.455
202312 -0.220 129.419 -0.220

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


Live Ventures  (NAS:LIVE) 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.

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

Shiller PE Ratio=Share Price/E10
=25.87/2.04
=12.68

* 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 Live Ventures was 708.89. The lowest was 11.62. And the median was 18.14.


Be Aware

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


Live Ventures E10 Related Terms

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


Live Ventures (Live Ventures) Business Description

Traded in Other Exchanges
Address
325 East Warm Springs Road, Suite 102, Las Vegas, NV, USA, 89119
Live Ventures Inc is a holding company for diversified businesses. It is focused on acquiring and operating profitable companies in various industries. The company operates in the business segments of Retail, which includes direct sales of entertainment and appliance products and services, Flooring Manufacturing, Steel Manufacturing, which includes the sale of steel plates, ground flat stock, and drill rods, and Corporate and Other. It derives key revenue from the Flooring Manufacturing segment which includes the manufacturing of carpets and rugs, yarn products, as well as a reseller of hard surface flooring products. Geographically the activities are carried out throughout the United States.
Executives
John Isaac director, 10 percent owner 501 W. BROADWAY, SUITE A212, SAN DIEGO CA 92101
Dennis Gao director 325 E. WARM SPRINGS ROAD, SUITE 102, LAS VEGAS NV 89119
David Lee Verret officer: Chief Accounting Officer 5900 COPPER CANYON DR., THE COLONY TX 75056
Michael Jason Stein officer: Sr. VP, General Counsel 325 E WARM SPRINGS ROAD, LAS VEGAS NV 89119
Rodney Dale Spriggs officer: CEO, Vintage Stock, Inc. 3703 RED FOX RUN, JOPLIN MO 64804
Eric Adam Althofer officer: COO 7707 DEERFIELD MANOR DR, CHARLOTTE NC 28270
Thomas Robert Sedlak officer: CEO Precision Industries, Inc. 87 PORTER HILL ROAD, WASHINGTON PA 15301
Godfrey Weston A Jr officer: CEO, Marquis Industries, Inc. PO BOX 1308, CHATSWORTH GA 30705
Virland A Johnson officer: Chief Financial Officer 20488 N 86 LANE, PEORIA AZ 85382
Richard Butler director 4840 EAST JASMINE ST., SUITE 105, MESA AZ 85205
Tyler Sickmeyer director 1440 HOTEL CIRCLE NORTH, #423, SAN DIEGO CA 92108
Isaac Capital Group, Llc 10 percent owner 501 W. BROADWAY, #A212, SAN DIEGO CA 92101
Clarke Thomas J Jr director 11534 VILLA VASARI, PALM BEACH GARDENS FL 33418
Antonios Isaac director 3525 DEL MAR HEIGHTS RD., #765, SAN DIEGO CA 92130
John Kocmur director, 10 percent owner 2490 EAST SUNSET ROAD, SUITE 100, LAS VEGAS NV 89120

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