LUG (WAR:LUG) E10: zł-0.19 (As of Jun. 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.

WAR:LUG LUG SA WAR:LUG
62 GF Score
Price zł1.80
GF Value zł2.15
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is LUG E10?

LUG WAR:LUG 62 E10 is zł-0.19 as of Jun. 2026. GuruFocus rates WAR:LUG with a GF Score™ of 62/100 and a GF Value™ of zł2.15 (Modestly Undervalued). The stock has 6 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.

LUG's adjusted earnings per share data for the three months ended in Jun. 2026 was zł-1.813. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł-0.19 for the trailing ten years ended in Jun. 2026.

During the past 12 months, LUG's average E10 Growth Rate was -137.30% per year. During the past 3 years, the average E10 Growth Rate was -33.60% per year. During the past 5 years, the average E10 Growth Rate was -12.20% 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 LUG was 13.10% per year. The lowest was -33.60% per year. And the median was 6.60% per year.

As of today (2026-09-03), LUG's current stock price is zł1.80. LUG's E10 for the quarter that ended in Jun. 2026 was zł-0.19. LUG's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of LUG was 100.00. The lowest was 4.21. And the median was 10.69.


LUG  (WAR:LUG) 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 LUG was 100.00. The lowest was 4.21. And the median was 10.69.


Be Aware

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


LUG E10 Related Terms


LUG E10 Historical Data

* Premium members only.

The historical data trend for LUG'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.

LUG E10 Chart

LUG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.58 0.68 0.58 0.17

LUG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.51 0.35 0.17 0.02 -0.19

WAR:LUG vs VRT, BE, HUBB: E10 Comparison

For the Electrical Equipment & Parts subindustry, LUG'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.


LUG Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, LUG's Shiller PE Ratio distribution charts can be found below:

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


WAR:LUG
62GF Score
LUG SA WAR:LUG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-1.813/162.2800*162.2800
=-1.813

Current CPI (Jun. 2026) = 162.2800.

LUG Quarterly Data

per share eps CPI Adj_EPS
201609 0.180 99.064 0.295
201612 0.160 100.366 0.259
201703 0.120 101.018 0.193
201706 0.180 101.180 0.289
201709 0.290 101.343 0.464
201712 0.400 102.564 0.633
201803 0.160 102.564 0.253
201806 0.200 103.378 0.314
201809 0.340 103.378 0.534
201812 -0.120 103.785 -0.188
201903 0.180 104.274 0.280
201906 -0.280 105.983 -0.429
201909 0.160 105.983 0.245
201912 -0.870 107.123 -1.318
202003 0.270 109.076 0.402
202006 0.370 109.402 0.549
202009 0.250 109.320 0.371
202012 0.070 109.565 0.104
202103 0.110 112.658 0.158
202106 0.110 113.960 0.157
202109 0.100 115.588 0.140
202112 0.290 119.088 0.395
202203 0.120 125.031 0.156
202206 0.118 131.705 0.145
202209 0.102 135.531 0.122
202212 -0.050 139.113 -0.058
202303 0.130 145.950 0.145
202306 0.287 147.009 0.317
202309 0.252 146.113 0.280
202312 0.380 147.741 0.417
202403 -0.150 149.044 -0.163
202406 -0.257 150.997 -0.276
202409 -0.055 153.439 -0.058
202412 -0.046 154.660 -0.048
202503 -0.230 157.021 -0.238
202506 -0.257 157.509 -0.265
202509 -1.437 158.000 -1.476
202512 -1.480 158.320 -1.517
202603 -1.650 163.070 -1.642
202606 -1.813 162.280 -1.813

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 zł-0.19 mean?
LUG (WAR:LUG) has a E10 of zł-0.19 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on LUG and its competitors.
Is LUG's E10 too high?
LUG's current E10 is zł-0.19. Overall, LUG has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LUG's E10 compare to VRT and BE?
LUG's E10 of zł-0.19 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good E10 depends on the Industrial Products 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 LUG and its competitors. LUG's current E10 is zł-0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LUG stock overvalued right now?
Based on GuruFocus' analysis, LUG (WAR:LUG) is currently considered Modestly Undervalued. The stock's GF Value™ is zł2.15, compared to a current price of zł1.80 — trading 16.3% below its estimated fair value. The current E10 is zł-0.19. LUG's overall GF Score™ is 62/100 with 6 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 LUG (WAR:LUG), the current E10 is zł-0.19 as of Jun. 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 LUG (WAR:LUG) Overvalued in 2026?

Based on GuruFocus' analysis, LUG stock appears to be undervalued. The current stock price of zł1.80 is trading 16.3% below its estimated GF Value™ of zł2.15. GuruFocus considers LUG to be Modestly Undervalued.

Key valuation signals for WAR:LUG:

  • E10: zł-0.19
  • GF Value™: zł2.15 vs. price of zł1.80 (16.3% below fair value)
  • GF Score™: 62/100 with 6 warning signs

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


LUG Business Description

Address ul. Gorzowska 11, Zielona Gora, POL, 65-127
LUG SA is a Poland based company involved in manufacturing industrial and decorative lighting fittings and sales of electrical materials. The company offers a wide range of outdoor fittings for building illumination, gas station, street, and parking lot lighting.
62GF Score

Get the complete analysis for WAR:LUG

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

zł1.80
Price
zł2.15
GF Value