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LiqTech International (LiqTech International) E10 : $-4.27 (As of Dec. 2023)


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What is LiqTech International 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.

LiqTech International's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.570. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-4.27 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -3.10% per year. During the past 5 years, the average E10 Growth Rate was -3.20% 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 LiqTech International was -3.10% per year. The lowest was -8.50% per year. And the median was -3.40% per year.

As of today (2024-04-30), LiqTech International's current stock price is $2.70. LiqTech International's E10 for the quarter that ended in Dec. 2023 was $-4.27. LiqTech International's Shiller PE Ratio of today is .


LiqTech International E10 Historical Data

The historical data trend for LiqTech International'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.

LiqTech International E10 Chart

LiqTech International 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 -3.77 -3.90 -4.51 -4.82 -4.27

LiqTech International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -4.82 -4.80 -4.60 -4.51 -4.27

Competitive Comparison of LiqTech International's E10

For the Pollution & Treatment Controls subindustry, LiqTech International'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.


LiqTech International's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



LiqTech International 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, LiqTech International's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.57/116.7000*116.7000
=-0.570

Current CPI (Dec. 2023) = 116.7000.

LiqTech International Quarterly Data

per share eps CPI Adj_EPS
201403 -0.960 99.600 -1.125
201406 -0.960 99.700 -1.124
201409 0.320 99.700 0.375
201412 -1.600 99.400 -1.878
201503 -0.960 100.200 -1.118
201506 -1.600 100.300 -1.862
201509 0.640 100.200 0.745
201512 0.000 99.800 0.000
201603 -3.200 100.200 -3.727
201606 -0.320 100.600 -0.371
201609 -0.640 100.200 -0.745
201612 -10.240 100.300 -11.914
201703 -0.640 101.200 -0.738
201706 -0.960 101.200 -1.107
201709 -0.960 101.800 -1.101
201712 -0.640 101.300 -0.737
201803 -0.240 101.700 -0.275
201806 -0.032 102.300 -0.037
201809 -0.400 102.400 -0.456
201812 -0.480 102.100 -0.549
201903 0.014 102.900 0.016
201906 0.080 102.900 0.091
201909 0.240 102.900 0.272
201912 -0.304 102.900 -0.345
202003 0.080 103.300 0.090
202006 -0.960 103.200 -1.086
202009 -1.440 103.500 -1.624
202012 -1.360 103.400 -1.535
202103 -0.880 104.300 -0.985
202106 -1.120 105.000 -1.245
202109 -1.040 105.800 -1.147
202112 -1.040 106.600 -1.139
202203 -1.440 109.900 -1.529
202206 -1.620 113.600 -1.664
202209 -0.320 116.400 -0.321
202212 -0.250 115.900 -0.252
202303 -0.400 117.300 -0.398
202306 -0.270 116.400 -0.271
202309 -0.250 117.400 -0.249
202312 -0.570 116.700 -0.570

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


LiqTech International  (NAS:LIQT) 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.


LiqTech International E10 Related Terms

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


LiqTech International (LiqTech International) Business Description

Traded in Other Exchanges
N/A
Address
Industriparken 22C, Ballerup, DNK, DK 2750
LiqTech International Inc is a clean technology company which provides technology for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company is engaged in three businesses that are diesel particulate filters (DPF) for the control of soot from diesel engines, turnkey ceramic membranes systems, and complete water treatment plants. The company's product portfolio consists of ceramic silicon membranes for liquid filtration, diesel particulate filters, and kiln furniture. Its operating segment includes Water, Ceramics, and Plastics. The company generates maximum revenue from Ceramics segment. Geographically, it derives a majority of its revenue from Europe.
Executives
Simon Seidelin Stadil officer: Chief Financial Officer INDUSTRIPARKEN 22C, BALLERUP G7 2750
Martin Kunz director INDUSTRIPARKEN 22C, BALLERUP G7 2750
Fei Chen director, officer: Chief Executive Officer STOLBERGSVEJ 23, HORSHOLM G7 2970
Richard A Meeusen director P O BOX 23099, MILWAUKEE WI 532230099
Peyton Boswell director 805 THIRD AVE., 20TH FLOOR, NEW YORK NY 10022
Mark Vernon director 200 SOUTH BISCAYNE BLVD, MIAMI FL 33131
Alexander J Buehler director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Laurence W Lytton 10 percent owner 467 CENTRAL PARK WEST, NY NY 10025
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Claus Toftegaard officer: Chief Financial Officer INDUSTRIPARKEN 22C, BALLERUP G7 2750
Peter Leifland director VALEVAGEN 21,5-18264, DJURSHOLM V7 00000
Joel Gay director 10264 NW 75TH TERRACE, DORAL FL 33178
Norman H Pessin other: See Explanation of Responses C/O LEVY, HARKINS & CO., INC., 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Sandra F Pessin other: See Explanation of Responses C/O NORMAN PESSIN, 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Brian L. Pessin other: See Explanation of Responses 310 EAST 75TH STREET, APT. 2A, NEW YORK NY 10021