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Lions Bay Capital (TSXV:LBI) E10 : C$0.01 (As of Feb. 2024)


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What is Lions Bay Capital 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.

Lions Bay Capital's adjusted earnings per share data for the three months ended in Feb. 2024 was C$-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.01 for the trailing ten years ended in Feb. 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 (2024-06-23), Lions Bay Capital's current stock price is C$0.02. Lions Bay Capital's E10 for the quarter that ended in Feb. 2024 was C$0.01. Lions Bay Capital's Shiller PE Ratio of today is 2.00.

During the past 13 years, the highest Shiller PE Ratio of Lions Bay Capital was 4.00. The lowest was 1.00. And the median was 2.50.


Lions Bay Capital E10 Historical Data

The historical data trend for Lions Bay Capital'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.

Lions Bay Capital E10 Chart

Lions Bay Capital Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.04 -0.01 - 0.01

Lions Bay Capital Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Lions Bay Capital's E10

For the Asset Management subindustry, Lions Bay Capital'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.


Lions Bay Capital's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Lions Bay Capital's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Lions Bay Capital's Shiller PE Ratio falls into.



Lions Bay Capital 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, Lions Bay Capital's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.01/125.4675*125.4675
=-0.010

Current CPI (Feb. 2024) = 125.4675.

Lions Bay Capital Quarterly Data

per share eps CPI Adj_EPS
201405 -0.020 99.394 -0.025
201408 -0.010 99.315 -0.013
201411 -0.010 99.078 -0.013
201502 0.010 99.078 0.013
201505 0.000 100.263 0.000
201508 -0.003 100.579 -0.004
201511 -0.004 100.421 -0.005
201602 -0.003 100.421 -0.004
201605 0.000 101.765 0.000
201608 -0.001 101.686 -0.001
201611 0.003 101.607 0.004
201702 -0.002 102.476 -0.002
201705 -0.066 103.108 -0.080
201708 0.143 103.108 0.174
201711 0.076 103.740 0.092
201802 0.011 104.688 0.013
201805 -0.016 105.399 -0.019
201808 -0.004 106.031 -0.005
201811 -0.020 105.478 -0.024
201902 -0.010 106.268 -0.012
201905 0.000 107.927 0.000
201908 -0.010 108.085 -0.012
201911 0.004 107.769 0.005
202002 -0.001 108.559 -0.001
202005 0.006 107.532 0.007
202008 0.020 108.243 0.023
202011 0.010 108.796 0.012
202102 0.040 109.745 0.046
202105 -0.020 111.404 -0.023
202108 -0.010 112.668 -0.011
202111 -0.001 113.932 -0.001
202202 0.010 115.986 0.011
202205 0.009 120.016 0.009
202208 -0.020 120.569 -0.021
202211 -0.010 121.675 -0.010
202302 -0.010 122.070 -0.010
202305 0.010 124.045 0.010
202308 -0.010 125.389 -0.010
202311 -0.003 125.468 -0.003
202402 -0.010 125.468 -0.010

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


Lions Bay Capital  (TSXV:LBI) 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.

Lions Bay Capital's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.02/0.01
=2.00

* 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 Lions Bay Capital was 4.00. The lowest was 1.00. And the median was 2.50.


Be Aware

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


Lions Bay Capital E10 Related Terms

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


Lions Bay Capital (TSXV:LBI) Business Description

Traded in Other Exchanges
N/A
Address
1166 Alberni Street, Suite 1201, Vancouver, BC, CAN, V6E 3Z3
Lions Bay Capital Inc is an investment holding company. It is a mining finance and investment company that identifies and realizes the potential of early stage resource opportunities. The fundamental objective of LBI management is to generate profits and be a vehicle through which major investment institutions use to identify opportunities.
Executives
John Joseph Byrne 10% Security Holder, Director, Senior Officer

Lions Bay Capital (TSXV:LBI) Headlines

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