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Lafarge (XPAR:LGNV) E10 : €0.00 (As of Jun. 2015)


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What is Lafarge E10?

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Lafarge's adjusted earnings per share data for the three months ended in Jun. 2015 was €0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Jun. 2015.

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 (2024-06-10), Lafarge's current stock price is €65.00. Lafarge's E10 for the quarter that ended in Jun. 2015 was €0.00. Lafarge's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Lafarge was 12.39. The lowest was 3.99. And the median was 8.50.


Lafarge E10 Historical Data

The historical data trend for Lafarge'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.

Lafarge E10 Chart

Lafarge Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
E10
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Lafarge Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 - - - - -

Competitive Comparison of Lafarge's E10

For the Building Materials subindustry, Lafarge'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.


Lafarge's Shiller PE Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lafarge's Shiller PE Ratio distribution charts can be found below:

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



Lafarge 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, Lafarge's adjusted earnings per share data for the three months ended in Jun. 2015 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=0/100.4400*100.4400
=0.000

Current CPI (Jun. 2015) = 100.4400.

Lafarge Quarterly Data

per share eps CPI Adj_EPS
200509 1.995 88.480 2.265
200512 2.730 88.390 3.102
200603 1.646 88.890 1.860
200606 2.792 89.650 3.128
200609 2.443 89.600 2.739
200612 1.548 89.710 1.733
200703 2.039 89.950 2.277
200706 3.260 90.720 3.609
200709 3.460 90.960 3.821
200712 2.146 92.030 2.342
200803 0.680 92.810 0.736
200806 3.410 93.960 3.645
200809 3.330 93.670 3.571
200812 0.129 92.950 0.139
200903 -0.080 93.090 -0.086
200906 1.450 93.500 1.558
200909 1.420 93.330 1.528
200912 -0.133 93.800 -0.142
201003 0.220 94.570 0.234
201006 1.150 94.910 1.217
201009 1.300 94.790 1.377
201012 0.217 95.450 0.228
201103 -0.100 96.450 -0.104
201106 1.010 96.910 1.047
201109 1.170 96.910 1.213
201112 -0.010 97.800 -0.010
201203 -0.210 98.670 -0.214
201206 0.140 98.780 0.142
201209 1.050 98.760 1.068
201212 0.289 99.100 0.293
201303 -0.410 99.630 -0.413
201306 0.700 99.700 0.705
201309 1.050 99.630 1.059
201312 0.736 99.800 0.741
201403 -0.470 100.240 -0.471
201406 0.710 100.180 0.712
201409 0.750 99.920 0.754
201412 -0.504 99.860 -0.507
201503 0.000 100.170 0.000
201506 0.000 100.440 0.000

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


Lafarge  (XPAR:LGNV) 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 Lafarge was 12.39. The lowest was 3.99. And the median was 8.50.


Be Aware

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


Lafarge E10 Related Terms

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


Lafarge (XPAR:LGNV) Business Description

Traded in Other Exchanges
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Address
Lafarge SA is a French limited liability company governed by French law and was founded in France in 1833 and was incorporated in 1884 under the name "J. et A. Pavin de Lafarge". The Company provides building materials. It is engaged in producing & selling cement, aggregates and ready-mix concrete, mostly under the "Lafarge" brand name. Its building products and solutions are used to construct and renovate homes, buildings and infrastructures. At year-end 2013, Company cement production operated, in 56 countries, 113 cement plants and 42 grinding plants, with an annual production capacity of 221 million tons. It also manages cement trading activities. The Company aggregates and concrete are used as raw materials for concrete, masonry, asphalt, and other industrial processes, and as base materials for roads, landfills, and building. As of December 31, 2013, Company had approximately 437 production facilities for aggregates in 23 countries. The Company's Ready-mix concrete had 1,026 concrete plants in 33 countries as of December 31, 2014. The Company also produces asphalt in North America and the United Kingdom, and sells either as a stand-alone product, or in conjunction with contracted paving. The Company operates in Western Europe, North America, Central & Eastern Europe, Middle East & Africa, and Asia.

Lafarge (XPAR:LGNV) Headlines

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