LPP (STU:1RY) E10: €120.11 (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:1RY LPP SA STU:1RY
98 GF Score
Price €4,946.00
GF Value €5,053.31
! 2 Warning Signs
View Full Analysis

What is LPP E10?

LPP STU:1RY -2.83% 98 E10 is €120.11 as of Apr. 2026. GuruFocus rates STU:1RY with a GF Score™ of 98/100 and a GF Value™ of €5,053.31. The stock has 2 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.

LPP's adjusted earnings per share data for the three months ended in Apr. 2026 was €59.914. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €120.11 for the trailing ten years ended in Apr. 2026.

During the past 12 months, LPP's average E10 Growth Rate was 17.60% per year. During the past 3 years, the average E10 Growth Rate was 20.70% 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 LPP was 23.30% per year. The lowest was 1.60% per year. And the median was 14.50% per year.

As of today (2026-08-14), LPP's current stock price is €4946.00. LPP's E10 for the quarter that ended in Apr. 2026 was €120.11. LPP's Shiller PE Ratio of today is 41.18.

During the past 13 years, the highest Shiller PE Ratio of LPP was 74.76. The lowest was 29.93. And the median was 42.86.


LPP  (STU:1RY) 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.

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

Shiller PE Ratio=Share Price/E10
=4946.00/120.11
=41.18

* 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 LPP was 74.76. The lowest was 29.93. And the median was 42.86.


Be Aware

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


LPP E10 Related Terms


LPP E10 Historical Data

* Premium members only.

The historical data trend for LPP'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.

LPP E10 Chart

LPP Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.91 49.88 58.15 78.00 96.15

LPP Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 102.85 106.09 104.63 112.76 120.11

STU:1RY vs RL, LEVI, VFC: E10 Comparison

For the Apparel Manufacturing subindustry, LPP'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.


LPP Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, LPP's Shiller PE Ratio distribution charts can be found below:

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


STU:1RY
98GF Score
LPP SA STU:1RY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LPP 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, LPP's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=59.914/163.3900*163.3900
=59.914

Current CPI (Apr. 2026) = 163.3900.

LPP Quarterly Data

per share eps CPI Adj_EPS
201606 11.514 99.552 18.897
201609 -0.835 99.064 -1.377
201612 20.201 100.366 32.886
201703 -15.055 101.018 -24.351
201706 22.183 101.180 35.822
201709 10.871 101.343 17.527
201712 38.250 102.564 60.934
201803 -13.380 102.564 -21.315
201806 26.313 103.378 41.588
201809 11.693 103.378 18.481
201812 39.879 103.785 62.782
201903 -14.635 104.274 -22.932
201906 26.224 105.983 40.429
201909 2.506 105.983 3.863
202001 0.000 108.099 0.000
202004 -46.208 108.995 -69.269
202007 -3.911 109.158 -5.854
202010 31.514 109.402 47.066
202101 -5.615 110.948 -8.269
202104 2.744 113.553 3.948
202107 58.429 114.449 83.415
202110 79.874 116.891 111.648
202201 -19.710 121.368 -26.534
202204 34.142 127.554 43.734
202207 -46.136 132.357 -56.953
202210 50.365 137.973 59.643
202301 23.079 142.613 26.441
202304 13.891 147.009 15.439
202307 55.301 146.683 61.600
202310 72.669 146.520 81.036
202401 60.897 148.311 67.089
202404 34.837 150.672 37.778
202407 56.038 153.114 59.799
202410 73.055 153.928 77.546
202501 56.504 156.207 59.102
202504 42.159 157.672 43.688
202507 58.923 157.998 60.934
202510 -2.271 158.160 -2.346
202601 89.883 161.810 90.761
202604 59.914 163.390 59.914

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 €120.11 mean?
LPP (STU:1RY) has a E10 of €120.11 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on LPP and its competitors.
Is LPP's E10 too high?
LPP's current E10 is €120.11. Overall, LPP has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does LPP's E10 compare to RL and LEVI?
LPP's E10 of €120.11 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 LPP and its competitors. LPP's current E10 is €120.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LPP stock overvalued right now?
LPP (STU:1RY) has a current E10 of €120.11. The stock's GF Value™ is €5,053.31, compared to a current price of €4,946.00 — trading 2.1% below its estimated fair value. The current E10 is €120.11. LPP's overall GF Score™ is 98/100 with 2 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 LPP (STU:1RY), the current E10 is €120.11 as of Apr. 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 LPP (STU:1RY) Overvalued in 2026?

Based on GuruFocus' analysis, LPP stock appears to be undervalued. The current stock price of €4,946.00 is trading 2.1% below its estimated GF Value™ of €5,053.31.

Key valuation signals for STU:1RY:

  • E10: €120.11
  • GF Value™: €5,053.31 vs. price of €4,946.00 (2.1% below fair value)
  • GF Score™: 98/100 with 2 warning signs

No single metric tells the full story. See the STU:1RY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LPP Business Description

Other Exchanges LPP:Poland
Address ul. Lakowa 39/44, Gdansk, POL, 80-769
LPP SA makes and sells clothing, footwear, bags, and accessories in Central and Eastern Europe. LPP has nearly 1,500 company-branded retail stores, which serve as the company's primary sales channel. Brands include Reserved, Cropp, House, Mohito, and Sinsay. Reserved stores account for roughly half of the company's sales volume. Geographically, most sales are in Poland, and Poland and Russia account for more than 80% of total sales. LPP purchases most of its materials in Asia, and the company's manufacturers are primarily located in China.
98GF Score

Get the complete analysis for STU:1RY

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

€4,946.00
Price
€5,053.31
GF Value