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Litgrid AB (OVSE:LGD1L) E10 : €-0.02 (As of Mar. 2024)


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What is Litgrid AB 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.

Litgrid AB's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.043. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.02 for the trailing ten years ended in Mar. 2024.

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 (2024-06-09), Litgrid AB's current stock price is €0.685. Litgrid AB's E10 for the quarter that ended in Mar. 2024 was €-0.02. Litgrid AB's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Litgrid AB was 9.44. The lowest was 0.00. And the median was 8.06.


Litgrid AB E10 Historical Data

The historical data trend for Litgrid AB'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.

Litgrid AB E10 Chart

Litgrid AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.02 -0.01 -0.03 -0.02

Litgrid AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.03 -0.02 -0.02 -0.02 -0.02

Competitive Comparison of Litgrid AB's E10

For the Utilities - Regulated Electric subindustry, Litgrid AB'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.


Litgrid AB's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Litgrid AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Litgrid AB's Shiller PE Ratio falls into.



Litgrid AB 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, Litgrid AB's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.043/131.7762*131.7762
=0.043

Current CPI (Mar. 2024) = 131.7762.

Litgrid AB Quarterly Data

per share eps CPI Adj_EPS
201406 -0.006 100.560 -0.008
201409 -0.003 100.428 -0.004
201412 -0.213 99.070 -0.283
201503 0.004 99.621 0.005
201506 0.001 100.684 0.001
201509 0.002 100.392 0.003
201512 -0.004 99.792 -0.005
201603 0.006 100.470 0.008
201606 0.011 101.688 0.014
201609 0.007 101.861 0.009
201612 0.010 101.863 0.013
201703 0.009 102.862 0.012
201706 0.001 103.349 0.001
201709 0.004 104.136 0.005
201712 0.004 104.011 0.005
201803 0.008 105.290 0.010
201806 -0.002 106.317 -0.002
201809 -0.001 106.507 -0.001
201812 -0.083 105.998 -0.103
201903 0.007 107.251 0.009
201906 -0.001 108.070 -0.001
201909 -0.004 108.329 -0.005
201912 0.005 108.420 0.006
202003 0.018 108.902 0.022
202006 0.009 108.767 0.011
202009 0.010 109.815 0.012
202012 0.016 109.897 0.019
202103 0.023 111.754 0.027
202106 0.012 114.631 0.014
202109 0.007 115.734 0.008
202112 -0.001 117.630 -0.001
202203 -0.004 121.301 -0.004
202206 -0.014 125.017 -0.015
202209 -0.068 125.227 -0.072
202212 -0.012 125.222 -0.013
202303 0.026 127.348 0.027
202306 0.020 128.729 0.020
202309 0.040 129.860 0.041
202312 0.010 129.419 0.010
202403 0.043 131.776 0.043

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


Litgrid AB  (OVSE:LGD1L) 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.

During the past 13 years, the highest Shiller P/E Ratio of Litgrid AB was 9.44. The lowest was 0.00. And the median was 8.06.


Be Aware

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


Litgrid AB E10 Related Terms

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


Litgrid AB (OVSE:LGD1L) Business Description

Traded in Other Exchanges
N/A
Address
Karlo Gustavo Emilio Manerheimo street 8, Vilnius, LTU, LT-05131
Litgrid AB is an operator of an electricity transmission system operating electricity transmissions in Lithuania. It is responsible for integrating the national power system into the European power infrastructure and electricity market. The business activity of the group functions under various segments namely Electricity transmission and related services activities, and Other income. Geographically, the business presence of the firm is seen in the regions of Lithuania, Norway, Sweden, Latvia, Estonia and others of which the Lithuania region accounts for the majority of the revenue.

Litgrid AB (OVSE:LGD1L) Headlines

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