LMB (Limbach Holdings) E10: $1.04 (As of Mar. 2026)


LMB Limbach Holdings Inc LMB
80 GF Score
Price $80.23
GF Value $85.79
Valuation Fairly Valued
! 3 Warning Signs
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What is Limbach Holdings E10?

Limbach Holdings LMB -1.53% 80 E10 is $1.04 as of Mar. 2026. GuruFocus rates LMB with a GF Score™ of 80/100 and a GF Value™ of $85.79 (Fairly Valued). The stock has 3 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.

Limbach Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Limbach Holdings's average E10 Growth Rate was 25.30% 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.

As of today (2026-06-24), Limbach Holdings's current stock price is $80.23. Limbach Holdings's E10 for the quarter that ended in Mar. 2026 was $1.04. Limbach Holdings's Shiller PE Ratio of today is 77.14.

During the past 12 years, the highest Shiller PE Ratio of Limbach Holdings was 167.94. The lowest was 68.62. And the median was 107.66.


Limbach Holdings  (NAS:LMB) 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.

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

Shiller PE Ratio=Share Price/E10
=80.23/1.04
=77.14

* 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 12 years, the highest Shiller P/E Ratio of Limbach Holdings was 167.94. The lowest was 68.62. And the median was 107.66.


Be Aware

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


Limbach Holdings E10 Related Terms


Limbach Holdings E10 Historical Data

* Premium members only.

The historical data trend for Limbach 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.

Limbach Holdings E10 Chart

Limbach Holdings 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 0.00 0.00 0.00 0.73 1.02

Limbach Holdings 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 0.83 0.91 0.96 1.02 1.04

LMB vs NX, APOG, JBI: E10 Comparison

For the Building Products & Equipment subindustry, Limbach 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.


Limbach Holdings Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Limbach Holdings's Shiller PE Ratio distribution charts can be found below:

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


LMB
80GF Score
Limbach Holdings Inc LMB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Limbach 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, Limbach Holdings'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)
=0.36/330.2130*330.2130
=0.360

Current CPI (Mar. 2026) = 330.2130.

Limbach Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 0.339 241.018 0.464
201609 0.000 241.428 0.000
201612 0.000 241.432 0.000
201703 -0.190 243.801 -0.257
201706 0.050 244.955 0.067
201709 -0.120 246.819 -0.161
201712 0.120 246.524 0.161
201803 -0.600 249.554 -0.794
201806 0.090 251.989 0.118
201809 -0.460 252.439 -0.602
201812 0.440 251.233 0.578
201903 0.240 254.202 0.312
201906 -0.170 256.143 -0.219
201909 -0.390 256.759 -0.502
201912 0.090 256.974 0.116
202003 -0.010 258.115 -0.013
202006 0.370 257.797 0.474
202009 0.310 260.280 0.393
202012 0.050 260.474 0.063
202103 -0.250 264.877 -0.312
202106 0.070 271.696 0.085
202109 0.380 274.310 0.457
202112 0.410 278.802 0.486
202203 -0.150 287.504 -0.172
202206 0.080 296.311 0.089
202209 0.340 296.808 0.378
202212 0.350 296.797 0.389
202303 0.270 301.836 0.295
202306 0.460 305.109 0.498
202309 0.610 307.789 0.654
202312 0.430 306.746 0.463
202403 0.640 312.332 0.677
202406 0.500 314.175 0.526
202409 0.620 315.301 0.649
202412 0.820 315.605 0.858
202503 0.850 319.799 0.878
202506 0.640 322.561 0.655
202509 0.730 324.800 0.742
202512 1.020 324.054 1.039
202603 0.360 330.213 0.360

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 $1.04 mean?
Limbach Holdings (LMB) has a E10 of $1.04 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Limbach Holdings and its competitors.
Is Limbach Holdings' E10 too high?
Limbach Holdings' current E10 is $1.04. Overall, Limbach Holdings has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Limbach Holdings' E10 compare to NX and APOG?
Limbach Holdings' E10 of $1.04 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Limbach Holdings and its competitors. Limbach Holdings's current E10 is $1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Limbach Holdings stock overvalued right now?
Based on GuruFocus' analysis, Limbach Holdings (LMB) is currently considered Fairly Valued. The stock's GF Value™ is $85.79, compared to a current price of $80.23 — trading 6.5% below its estimated fair value. The current E10 is $1.04. Limbach Holdings' overall GF Score™ is 80/100 with 3 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 Limbach Holdings (LMB), the current E10 is $1.04 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 Limbach Holdings (LMB) Overvalued in 2026?

Based on GuruFocus' analysis, Limbach Holdings stock appears to be undervalued. The current stock price of $80.23 is trading 6.5% below its estimated GF Value™ of $85.79. GuruFocus considers Limbach Holdings to be Fairly Valued.

Key valuation signals for LMB:

  • E10: $1.04
  • GF Value™: $85.79 vs. price of $80.23 (6.5% below fair value)
  • GF Score™: 80/100 with 3 warning signs

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


Limbach Holdings Business Description

Other Exchanges J4B:Germany
Address 797 Commonwealth Drive, Warrendale, PA, USA, 15086
Limbach Holdings Inc is a building systems solutions firm that designs, delivers, and maintains mechanical (heating, ventilation, and air conditioning), electrical, plumbing, and controls (MEPC) systems. The Company partners with owners and operators of facilities across healthcare, industrial and manufacturing, data centers, life sciences, higher education, and cultural and entertainment markets. It operates through two segments: Owner Direct Relationships (ODR), which generates maximum revenue and includes owner direct projects, maintenance, and service on MEPC systems; and General Contractor Relationships (GCR), which manages new construction or renovation projects involving MEPC systems awarded by general contractors or construction managers.
80GF Score

Get the complete analysis for LMB

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

$80.23
Price
$85.79
GF Value