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Lumen Technologies (FRA:CYTH) E10 : €-1.14 (As of Mar. 2024)


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What is Lumen Technologies 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.

Lumen Technologies's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.055. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-1.14 for the trailing ten years ended in Mar. 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Lumen Technologies was 21.40% per year. The lowest was -64.00% per year. And the median was 6.40% per year.

As of today (2024-05-18), Lumen Technologies's current stock price is €1.1856. Lumen Technologies's E10 for the quarter that ended in Mar. 2024 was €-1.14. Lumen Technologies's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Lumen Technologies was 301.20. The lowest was 7.17. And the median was 13.74.


Lumen Technologies E10 Historical Data

The historical data trend for Lumen Technologies'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.

Lumen Technologies E10 Chart

Lumen Technologies 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 0.50 0.07 0.12 -0.17 -1.06

Lumen Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.17 -1.03 -0.87 -1.06 -1.14

Competitive Comparison of Lumen Technologies's E10

For the Telecom Services subindustry, Lumen Technologies'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.


Lumen Technologies's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Lumen Technologies's Shiller PE Ratio distribution charts can be found below:

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



Lumen Technologies 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, Lumen Technologies's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.055/131.7762*131.7762
=0.055

Current CPI (Mar. 2024) = 131.7762.

Lumen Technologies Quarterly Data

per share eps CPI Adj_EPS
201406 0.250 100.560 0.328
201409 0.256 100.428 0.336
201412 0.268 99.070 0.356
201503 0.314 99.621 0.415
201506 0.232 100.684 0.304
201509 0.330 100.392 0.433
201512 0.569 99.792 0.751
201603 0.395 100.470 0.518
201606 0.320 101.688 0.415
201609 0.249 101.861 0.322
201612 0.076 101.863 0.098
201703 0.280 102.862 0.359
201706 0.027 103.349 0.034
201709 0.143 104.136 0.181
201712 1.065 104.011 1.349
201803 0.089 105.290 0.111
201806 0.231 106.317 0.286
201809 0.214 106.507 0.265
201812 -1.987 105.998 -2.470
201903 -5.106 107.251 -6.274
201906 0.310 108.070 0.378
201909 0.254 108.329 0.309
201912 0.189 108.420 0.230
202003 0.262 108.902 0.317
202006 0.311 108.767 0.377
202009 0.289 109.815 0.347
202012 -1.743 109.897 -2.090
202103 0.370 111.754 0.436
202106 0.382 114.631 0.439
202109 0.434 115.734 0.494
202112 0.443 117.630 0.496
202203 0.536 121.301 0.582
202206 0.322 125.017 0.339
202209 0.576 125.227 0.606
202212 -2.908 125.222 -3.060
202303 0.486 127.348 0.503
202306 -8.196 128.729 -8.390
202309 -0.075 129.860 -0.076
202312 -1.862 129.419 -1.896
202403 0.055 131.776 0.055

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


Lumen Technologies  (FRA:CYTH) 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 Lumen Technologies was 301.20. The lowest was 7.17. And the median was 13.74.


Be Aware

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


Lumen Technologies E10 Related Terms

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


Lumen Technologies (FRA:CYTH) Business Description

Traded in Other Exchanges
Address
100 CenturyLink Drive, Monroe, LA, USA, 71203
With 450,000 route miles of fiber, including over 35,000 route miles of subsea fiber connecting Europe, Asia, and Latin America, Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 in 2017 and divestiture of much of its incumbent local exchange carrier, or ILEC, business in 2022 has shifted the company's operations away from its legacy consumer business and toward enterprises (now nearly 80% of revenue). Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has 4.5 million broadband customers.