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Liberty Defense Holdings (TSXV:SCAN) E10 : C$-3.76 (As of Sep. 2024)


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What is Liberty Defense Holdings 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 Defense Holdings's adjusted earnings per share data for the three months ended in Sep. 2024 was C$-0.135. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-3.76 for the trailing ten years ended in Sep. 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 (2025-03-28), Liberty Defense Holdings's current stock price is C$1.16. Liberty Defense Holdings's E10 for the quarter that ended in Sep. 2024 was C$-3.76. Liberty Defense Holdings's Shiller PE Ratio of today is .


Liberty Defense Holdings E10 Historical Data

The historical data trend for Liberty Defense Holdings'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 Defense Holdings E10 Chart

Liberty Defense Holdings 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 - - - -3.81 -3.77

Liberty Defense Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -3.10 -3.77 -3.72 -3.77 -3.76

Competitive Comparison of Liberty Defense Holdings's E10

For the Security & Protection Services subindustry, Liberty Defense Holdings'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 Defense Holdings's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Liberty Defense Holdings's Shiller PE Ratio distribution charts can be found below:

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


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Liberty Defense Holdings 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 Defense Holdings's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.135/127.2847*127.2847
=-0.135

Current CPI (Sep. 2024) = 127.2847.

Liberty Defense Holdings Quarterly Data

per share eps CPI Adj_EPS
201412 -1.080 98.367 -1.397
201503 -0.244 99.789 -0.311
201506 -0.152 100.500 -0.193
201509 -0.156 100.421 -0.198
201512 -0.162 99.947 -0.206
201603 -1.579 101.054 -1.989
201606 -0.639 102.002 -0.797
201609 -0.072 101.765 -0.090
201612 0.034 101.449 0.043
201703 -0.112 102.634 -0.139
201706 -0.429 103.029 -0.530
201709 -0.105 103.345 -0.129
201712 -0.665 103.345 -0.819
201803 -0.046 105.004 -0.056
201806 -0.414 105.557 -0.499
201809 -0.346 105.636 -0.417
201812 -1.446 105.399 -1.746
201903 -3.104 106.979 -3.693
201906 -6.591 107.690 -7.790
201909 -3.284 107.611 -3.884
201912 -2.449 107.769 -2.892
202003 -0.866 107.927 -1.021
202006 -0.840 108.401 -0.986
202009 -0.132 108.164 -0.155
202012 -0.557 108.559 -0.653
202103 -0.628 110.298 -0.725
202106 -0.611 111.720 -0.696
202109 -0.507 112.905 -0.572
202112 -1.408 113.774 -1.575
202203 -0.506 117.646 -0.547
202206 -0.384 120.806 -0.405
202209 -0.400 120.648 -0.422
202212 -0.543 120.964 -0.571
202303 -0.274 122.702 -0.284
202306 -0.266 124.203 -0.273
202309 -0.135 125.230 -0.137
202312 -0.268 125.072 -0.273
202403 -0.135 126.258 -0.136
202406 -0.274 127.522 -0.273
202409 -0.135 127.285 -0.135

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


Liberty Defense Holdings  (TSXV:SCAN) 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.


Be Aware

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


Liberty Defense Holdings E10 Related Terms

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


Liberty Defense Holdings Business Description

Traded in Other Exchanges
Address
789 999 West Hastings Street, Vancouver, BC, CAN, V6C 2W2
Liberty Defense Holdings Ltd provides multi-technology security solutions for concealed weapons detection in high volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools, and more. Its HEXWAVE product, provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. The company has also licensed the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. It operates in a single segment being the research and development of new technology for the security industry.
Executives
William Frain Director, Senior Officer
Daryl Rebeck Senior Officer

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