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LRCDF (Laurentian Bank of Canada) E10 : $2.80 (As of Jan. 2025)


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What is Laurentian Bank of Canada 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.

Laurentian Bank of Canada's adjusted earnings per share data for the three months ended in Jan. 2025 was $0.528. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.80 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Laurentian Bank of Canada's average E10 Growth Rate was -12.10% per year. During the past 3 years, the average E10 Growth Rate was -2.40% per year. During the past 5 years, the average E10 Growth Rate was -2.50% per year. During the past 10 years, the average E10 Growth Rate was -0.10% 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 Laurentian Bank of Canada was 7.10% per year. The lowest was -3.90% per year. And the median was 4.30% per year.

As of today (2025-03-15), Laurentian Bank of Canada's current stock price is $18.27. Laurentian Bank of Canada's E10 for the quarter that ended in Jan. 2025 was $2.80. Laurentian Bank of Canada's Shiller PE Ratio of today is 6.53.

During the past 13 years, the highest Shiller PE Ratio of Laurentian Bank of Canada was 13.37. The lowest was 5.50. And the median was 9.08.


Laurentian Bank of Canada E10 Historical Data

The historical data trend for Laurentian Bank of Canada'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.

Laurentian Bank of Canada E10 Chart

Laurentian Bank of Canada Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.46 3.53 3.05 3.29 2.95

Laurentian Bank of Canada Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 3.38 3.06 2.92 2.95 2.80

Competitive Comparison of Laurentian Bank of Canada's E10

For the Banks - Regional subindustry, Laurentian Bank of Canada'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.


Laurentian Bank of Canada's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Laurentian Bank of Canada's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Laurentian Bank of Canada's Shiller PE Ratio falls into.



Laurentian Bank of Canada 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, Laurentian Bank of Canada's adjusted earnings per share data for the three months ended in Jan. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=0.528/127.3637*127.3637
=0.528

Current CPI (Jan. 2025) = 127.3637.

Laurentian Bank of Canada Quarterly Data

per share eps CPI Adj_EPS
201504 1.086 99.710 1.387
201507 1.119 100.579 1.417
201510 -0.558 100.500 -0.707
201601 0.957 100.184 1.217
201604 1.116 101.370 1.402
201607 1.027 101.844 1.284
201610 0.340 102.002 0.425
201701 0.986 102.318 1.227
201704 0.886 103.029 1.095
201707 1.166 103.029 1.441
201710 1.126 103.424 1.387
201801 1.134 104.056 1.388
201804 1.052 105.320 1.272
201807 0.937 106.110 1.125
201810 0.869 105.952 1.045
201901 0.662 105.557 0.799
201904 0.710 107.453 0.842
201907 0.801 108.243 0.942
201910 0.682 107.927 0.805
202001 0.520 108.085 0.613
202004 0.093 107.216 0.110
202007 0.570 108.401 0.670
202010 0.598 108.638 0.701
202101 0.754 109.192 0.879
202104 0.920 110.851 1.057
202107 1.053 112.431 1.193
202110 -1.922 113.695 -2.153
202201 0.927 114.801 1.028
202204 1.061 118.357 1.142
202207 0.912 120.964 0.960
202210 0.920 121.517 0.964
202301 0.812 121.596 0.851
202304 0.823 123.571 0.848
202307 0.780 124.914 0.795
202310 0.489 125.310 0.497
202401 0.559 125.072 0.569
202404 -1.989 126.890 -1.996
202407 0.489 128.075 0.486
202410 0.640 127.838 0.638
202501 0.528 127.364 0.528

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


Laurentian Bank of Canada  (OTCPK:LRCDF) 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.

Laurentian Bank of Canada's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.27/2.80
=6.53

* 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 Laurentian Bank of Canada was 13.37. The lowest was 5.50. And the median was 9.08.


Be Aware

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


Laurentian Bank of Canada E10 Related Terms

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


Laurentian Bank of Canada Business Description

Traded in Other Exchanges
Address
1360, Boulevard Rene-Levesque Ouest, Suite 600, Secretariat Corporatif, Montreal, QC, CAN, H3G 0E5
Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States.Company has only 2 segments The Personal and Commercial Banking segment and The Capital Markets segment. The personal segment offers financial services to retail clients. The commercial banking segment provides financial services, commercial banking, real estate financing, and equipment and inventory financing to business clients. The firm launched LBC Digital, allowing it to expand its customer reach from coast to coast through a direct-to-customer channel. The Canadian geographic segment generates majority of the revenue for the company.

Laurentian Bank of Canada Headlines