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Liberty Broadband (STU:8L8C) E10 : €3.89 (As of Mar. 2024)


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What is Liberty Broadband 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.

Liberty Broadband's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.555. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Liberty Broadband's average E10 Growth Rate was 25.60% 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 (2024-05-27), Liberty Broadband's current stock price is €46.80. Liberty Broadband's E10 for the quarter that ended in Mar. 2024 was €3.89. Liberty Broadband's Shiller PE Ratio of today is 12.03.

During the past 13 years, the highest Shiller PE Ratio of Liberty Broadband was 38.46. The lowest was 11.25. And the median was 23.19.


Liberty Broadband E10 Historical Data

The historical data trend for Liberty Broadband'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.

Liberty Broadband E10 Chart

Liberty Broadband 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 - - - 3.11 3.56

Liberty Broadband 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 3.15 3.29 3.63 3.56 3.89

Competitive Comparison of Liberty Broadband's E10

For the Telecom Services subindustry, Liberty Broadband'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.


Liberty Broadband's Shiller PE Ratio Distribution in the Telecommunication Services Industry

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

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



Liberty Broadband 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, Liberty Broadband'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)
=1.555/131.7762*131.7762
=1.555

Current CPI (Mar. 2024) = 131.7762.

Liberty Broadband Quarterly Data

per share eps CPI Adj_EPS
201406 0.016 100.560 0.021
201409 -0.286 100.428 -0.375
201412 -0.442 99.070 -0.588
201503 0.046 99.621 0.061
201506 -0.071 100.684 -0.093
201509 -0.169 100.392 -0.222
201512 -0.257 99.792 -0.339
201603 -0.198 100.470 -0.260
201606 5.589 101.688 7.243
201609 0.018 101.861 0.023
201612 -0.095 101.863 -0.123
201703 -0.075 102.862 -0.096
201706 -0.018 103.349 -0.023
201709 -0.042 104.136 -0.053
201712 9.506 104.011 12.044
201803 -0.065 105.290 -0.081
201806 0.051 106.317 0.063
201809 0.283 106.507 0.350
201812 0.070 105.998 0.087
201903 -0.071 107.251 -0.087
201906 0.062 108.070 0.076
201909 0.136 108.329 0.165
201912 0.450 108.420 0.547
202003 -0.036 108.902 -0.044
202006 0.346 108.767 0.419
202009 0.323 109.815 0.388
202012 1.184 109.897 1.420
202103 0.227 111.754 0.268
202106 0.249 114.631 0.286
202109 1.097 115.734 1.249
202112 1.867 117.630 2.092
202203 1.607 121.301 1.746
202206 2.715 125.017 2.862
202209 2.071 125.227 2.179
202212 1.189 125.222 1.251
202303 0.439 127.348 0.454
202306 1.578 128.729 1.615
202309 1.031 129.860 1.046
202312 1.275 129.419 1.298
202403 1.555 131.776 1.555

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


Liberty Broadband  (STU:8L8C) 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.

Liberty Broadband's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=46.80/3.89
=12.03

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Liberty Broadband was 38.46. The lowest was 11.25. And the median was 23.19.


Be Aware

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


Liberty Broadband E10 Related Terms

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


Liberty Broadband (STU:8L8C) Business Description

Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Liberty Broadband Corp serves in the telecommunications industry in the United States. It provides cable services to both residential and small to medium businesses through its fiber, hybrid fiber, and coaxial cable infrastructure. The services provided by the company are residential services which include video services, internet services, voice services, and mobile services, commercial services which include small, and medium business and enterprise solutions, advertising services, and other services which include security and home management. The reportable segments of the company are GCI Holdings, Charter. The firm derives the majority of its revenue from GCI Holdings.

Liberty Broadband (STU:8L8C) Headlines

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