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Liberti AD Skopje (XMAE:RZLV) E10 : MKD-1.78 (As of Sep. 2024)


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What is Liberti AD Skopje 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.

Liberti AD Skopje's adjusted earnings per share data for the three months ended in Sep. 2024 was MKD-3.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MKD-1.78 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Liberti AD Skopje's average E10 Growth Rate was -1088.90% 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.

As of today (2024-12-13), Liberti AD Skopje's current stock price is MKD16.00. Liberti AD Skopje's E10 for the quarter that ended in Sep. 2024 was MKD-1.78. Liberti AD Skopje's Shiller PE Ratio of today is .

During the past 12 years, the highest Shiller PE Ratio of Liberti AD Skopje was 255.56. The lowest was 18.52. And the median was 48.42.


Liberti AD Skopje E10 Historical Data

The historical data trend for Liberti AD Skopje'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.

Liberti AD Skopje E10 Chart

Liberti AD Skopje 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 - - - - -0.59

Liberti AD Skopje 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 0.18 -0.59 -1.13 -1.39 -1.78

Competitive Comparison of Liberti AD Skopje's E10

For the Steel subindustry, Liberti AD Skopje'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.


Liberti AD Skopje's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Liberti AD Skopje's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Liberti AD Skopje's Shiller PE Ratio falls into.



Liberti AD Skopje 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, Liberti AD Skopje'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)
=-3.53/133.0289*133.0289
=-3.530

Current CPI (Sep. 2024) = 133.0289.

Liberti AD Skopje Quarterly Data

per share eps CPI Adj_EPS
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 -2.154 101.861 -2.813
201612 -1.588 101.863 -2.074
201703 -0.913 102.862 -1.181
201706 -2.288 103.349 -2.945
201709 -1.337 104.136 -1.708
201712 -1.438 104.011 -1.839
201803 -0.462 105.290 -0.584
201806 -2.538 106.317 -3.176
201809 -2.304 106.507 -2.878
201812 -1.340 105.998 -1.682
201903 -3.759 107.251 -4.663
201906 -3.384 108.070 -4.166
201909 -2.074 108.329 -2.547
201912 -8.756 108.420 -10.743
202003 -2.877 108.902 -3.514
202006 1.026 108.767 1.255
202009 2.059 109.815 2.494
202012 56.500 109.897 68.393
202103 -8.669 111.754 -10.319
202106 26.758 114.631 31.052
202109 6.056 115.734 6.961
202112 -0.454 117.630 -0.513
202203 0.185 121.301 0.203
202206 -8.707 125.017 -9.265
202209 -23.132 125.227 -24.573
202212 2.987 125.222 3.173
202303 -8.669 127.348 -9.056
202306 -6.190 128.729 -6.397
202309 -5.410 129.860 -5.542
202312 -5.766 129.419 -5.927
202403 -4.221 131.776 -4.261
202406 -2.336 132.554 -2.344
202409 -3.530 133.029 -3.530

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


Liberti AD Skopje  (XMAE:RZLV) 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 12 years, the highest Shiller P/E Ratio of Liberti AD Skopje was 255.56. The lowest was 18.52. And the median was 48.42.


Be Aware

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


Liberti AD Skopje E10 Related Terms

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


Liberti AD Skopje Business Description

Traded in Other Exchanges
N/A
Address
Street 16 Makedonska Brigada Br. 18, Skopje, MKD, 1000
Liberti AD Skopje is a steel and mining company. Its operating segments are NAFTA, Brazil, Europe, ACIS, and Mining. NAFTA segment produces flat products such as slabs, hot-rolled coil, cold-rolled coil, coated steel, and plate. Brazil segment includes the flat operations of Brazil and the long and tubular operations of Brazil and neighboring countries including Argentina, Costa Rica and Venezuela. Europe segment produces a portfolio of steel products in Europe including Spain and Romania. ACIS segment produces a combination of flat, long products and tubular products. Mining segment comprises all mines owned by the company in Americas, Asia, Europe, and Africa. The majority of the company's revenue comes from the United States.