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LBTYB (Liberty Global) E10 : $3.33 (As of Mar. 2025)


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What is Liberty Global 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.

Liberty Global's adjusted earnings per share data for the three months ended in Mar. 2025 was $-3.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.33 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Liberty Global's average E10 Growth Rate was 4.80% per year. During the past 3 years, the average E10 Growth Rate was 1.70% per year. During the past 5 years, the average E10 Growth Rate was 41.20% 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 Liberty Global was 79.50% per year. The lowest was -13.80% per year. And the median was 1.70% per year.

As of today (2025-07-07), Liberty Global's current stock price is $9.57. Liberty Global's E10 for the quarter that ended in Mar. 2025 was $3.33. Liberty Global's Shiller PE Ratio of today is 2.87.

During the past 13 years, the highest Shiller PE Ratio of Liberty Global was 26.84. The lowest was 1.76. And the median was 3.32.


Liberty Global E10 Historical Data

The historical data trend for Liberty Global'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.

Liberty Global E10 Chart

Liberty Global Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 3.43 3.75 2.97 3.60

Liberty Global Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.16 3.24 2.99 3.60 3.33

Competitive Comparison of Liberty Global's E10

For the Telecom Services subindustry, Liberty Global'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.


Liberty Global's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Liberty Global's Shiller PE Ratio distribution charts can be found below:

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


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Liberty Global 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, Liberty Global's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-3.84/134.9266*134.9266
=-3.840

Current CPI (Mar. 2025) = 134.9266.

Liberty Global Quarterly Data

per share eps CPI Adj_EPS
201506 -0.465 100.684 -0.623
201509 0.105 100.392 0.141
201512 -0.238 99.792 -0.322
201603 -0.350 100.470 -0.470
201606 0.227 101.688 0.301
201609 -0.184 101.861 -0.244
201612 2.224 101.863 2.946
201703 -0.350 102.862 -0.459
201706 -0.900 103.349 -1.175
201709 -0.700 104.136 -0.907
201712 -0.820 104.011 -1.064
201803 -1.700 105.290 -2.179
201806 0.800 106.317 1.015
201809 -0.160 106.507 -0.203
201812 -1.470 105.998 -1.871
201903 -0.430 107.251 -0.541
201906 -0.070 108.070 -0.087
201909 0.900 108.329 1.121
201912 15.500 108.420 19.289
202003 1.500 108.902 1.858
202006 -0.860 108.767 -1.067
202009 -1.730 109.815 -2.126
202012 -1.720 109.897 -2.112
202103 2.370 111.754 2.861
202106 19.550 114.631 23.011
202109 0.490 115.734 0.571
202112 1.320 117.630 1.514
202203 1.950 121.301 2.169
202206 5.470 125.017 5.904
202209 4.870 125.227 5.247
202212 -9.350 125.222 -10.075
202303 -1.590 127.348 -1.685
202306 -1.130 128.729 -1.184
202309 1.570 129.860 1.631
202312 -8.240 129.419 -8.591
202403 1.320 131.776 1.352
202406 0.710 132.554 0.723
202409 -3.950 133.029 -4.006
202412 6.000 133.157 6.080
202503 -3.840 134.927 -3.840

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


Liberty Global  (NAS:LBTYB) 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.

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

Shiller PE Ratio=Share Price/E10
=9.57/3.33
=2.87

* 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 Liberty Global was 26.84. The lowest was 1.76. And the median was 3.32.


Be Aware

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


Liberty Global E10 Related Terms

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


Liberty Global Business Description

Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
Liberty Global is a holding company with interests in several telecom companies in the UK, the Netherlands, Belgium, Switzerland, Ireland, and Slovakia. Liberty owns the main cable network in each of these geographies, and has pursued a strategy since 2016 to merge or partner with mobile-network operators to be able to offer converged services. Liberty also owns minority stakes in other media, entertainment, and cloud companies.