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Lok'n Store Group (LSE:LOK) E10 : £0.17 (As of Jan. 2024)


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What is Lok'n Store Group 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.

Lok'n Store Group's adjusted earnings per share data for the fiscal year that ended in Jul. 2023 was £0.157. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £0.17 for the trailing ten years ended in Jul. 2023.

During the past 3 years, the average E10 Growth Rate was 23.60% per year. During the past 5 years, the average E10 Growth Rate was 22.80% per year. During the past 10 years, the average E10 Growth Rate was 34.60% 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 Lok'n Store Group was 58.70% per year. The lowest was 18.60% per year. And the median was 34.85% per year.

As of today (2024-06-06), Lok'n Store Group's current stock price is £ 11.10. Lok'n Store Group's E10 for the fiscal year that ended in Jul. 2023 was £0.17. Lok'n Store Group's Shiller PE Ratio of today is 65.29.

During the past 13 years, the highest Shiller PE Ratio of Lok'n Store Group was 296.50. The lowest was 38.00. And the median was 94.38.


Lok'n Store Group E10 Historical Data

The historical data trend for Lok'n Store Group'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.

Lok'n Store Group E10 Chart

Lok'n Store Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.09 0.10 0.15 0.17

Lok'n Store Group Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 0.15 - 0.17 -

Competitive Comparison of Lok'n Store Group's E10

For the Real Estate Services subindustry, Lok'n Store Group'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.


Lok'n Store Group's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Lok'n Store Group's Shiller PE Ratio falls into.



Lok'n Store Group 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, Lok'n Store Group's adjusted earnings per share data for the fiscal year that ended in Jul. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Jul. 2023 (Change)*Current CPI (Jul. 2023)
=0.157/129.0000*129.0000
=0.157

Current CPI (Jul. 2023) = 129.0000.

Lok'n Store Group Annual Data

per_share_eps CPI Adj_EPS
201407 0.008 99.600 0.010
201507 0.076 100.000 0.098
201607 0.162 100.900 0.207
201707 0.106 103.500 0.132
201807 0.128 105.900 0.156
201907 0.182 108.000 0.217
202007 0.101 109.200 0.119
202107 0.111 111.400 0.129
202207 0.405 121.200 0.431
202307 0.157 129.000 0.157

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


Lok'n Store Group  (LSE:LOK) 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.

Lok'n Store Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.10/0.17
=65.29

* 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 Lok'n Store Group was 296.50. The lowest was 38.00. And the median was 94.38.


Be Aware

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


Lok'n Store Group E10 Related Terms

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


Lok'n Store Group (LSE:LOK) Business Description

Traded in Other Exchanges
N/A
Address
112 Hawley Lane, Farnborough, Hampshire, GBR, GU14 8JE
Lok'n Store Group PLC operates in the real estate industry based in the United Kingdom. Its business involves buying or leasing warehouses or industrial buildings and letting them out as self-storage units to its customers. Operating through the Self-Storage segments, the company caters to both households and business customers. Its self-storage segment accounts for the bulk of its operations with the provision of storage rooms, student storage, pallet storage, warehouse space, self-storage archiving, flexible office space, and multi-site business storage accounts.

Lok'n Store Group (LSE:LOK) Headlines

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