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LiqTech International (STU:39J0) E10 : €-0.47 (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 €-0.523. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.47 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 (2024-05-17), LiqTech International's current stock price is €0.374. LiqTech International's E10 for the quarter that ended in Dec. 2023 was €-0.47. 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 -0.38 -0.39 -0.48 -0.55 -0.47

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 -0.55 -0.54 -0.54 -0.43 -0.47

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)
=-0.523/116.7000*116.7000
=-0.523

Current CPI (Dec. 2023) = 116.7000.

LiqTech International Quarterly Data

per share eps CPI Adj_EPS
201403 -0.694 99.600 -0.813
201406 -0.707 99.700 -0.828
201409 0.248 99.700 0.290
201412 -1.298 99.400 -1.524
201503 -0.887 100.200 -1.033
201506 -1.426 100.300 -1.659
201509 0.570 100.200 0.664
201512 0.000 99.800 0.000
201603 -2.874 100.200 -3.347
201606 -0.285 100.600 -0.331
201609 -0.570 100.200 -0.664
201612 -9.708 100.300 -11.295
201703 -0.598 101.200 -0.690
201706 -0.854 101.200 -0.985
201709 -0.805 101.800 -0.923
201712 -0.541 101.300 -0.623
201803 -0.195 101.700 -0.224
201806 -0.027 102.300 -0.031
201809 -0.343 102.400 -0.391
201812 -0.422 102.100 -0.482
201903 0.013 102.900 0.015
201906 0.071 102.900 0.081
201909 0.218 102.900 0.247
201912 -0.273 102.900 -0.310
202003 0.072 103.300 0.081
202006 -0.852 103.200 -0.963
202009 -1.223 103.500 -1.379
202012 -1.118 103.400 -1.262
202103 -0.739 104.300 -0.827
202106 -0.930 105.000 -1.034
202109 -0.884 105.800 -0.975
202112 -0.920 106.600 -1.007
202203 -1.308 109.900 -1.389
202206 -1.533 113.600 -1.575
202209 -0.323 116.400 -0.324
202212 -0.236 115.900 -0.238
202303 -0.374 117.300 -0.372
202306 -0.249 116.400 -0.250
202309 -0.234 117.400 -0.233
202312 -0.523 116.700 -0.523

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


LiqTech International  (STU:39J0) 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 (STU:39J0) Business Description

Traded in Other Exchanges
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.

LiqTech International (STU:39J0) Headlines

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