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Limbach Holdings (STU:J4B) E10 : €0.47 (As of Mar. 2024)


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What is Limbach Holdings 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.

Limbach Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.589. 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 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.

As of today (2024-06-05), Limbach Holdings's current stock price is €50.60. Limbach Holdings's E10 for the quarter that ended in Mar. 2024 was €0.47. Limbach Holdings's Shiller PE Ratio of today is 107.66.

During the past 10 years, the highest Shiller PE Ratio of Limbach Holdings was 113.75. The lowest was 77.08. And the median was 91.23.


Limbach Holdings E10 Historical Data

The historical data trend for Limbach Holdings'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.

Limbach Holdings E10 Chart

Limbach Holdings 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 - - - - -

Limbach Holdings 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 - - - - 0.47

Competitive Comparison of Limbach Holdings's E10

For the Building Products & Equipment subindustry, Limbach Holdings'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.


Limbach Holdings's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Limbach Holdings's Shiller PE Ratio distribution charts can be found below:

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



Limbach Holdings 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, Limbach Holdings'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)
=0.589/131.7762*131.7762
=0.589

Current CPI (Mar. 2024) = 131.7762.

Limbach Holdings Quarterly Data

per share eps CPI Adj_EPS
201406 0.000 100.560 0.000
201409 -0.039 100.428 -0.051
201412 -0.049 99.070 -0.065
201503 -0.065 99.621 -0.086
201506 -0.036 100.684 -0.047
201509 0.221 100.392 0.290
201512 0.298 99.792 0.394
201603 0.222 100.470 0.291
201606 0.302 101.688 0.391
201609 0.000 101.861 0.000
201612 0.000 101.863 0.000
201703 -0.178 102.862 -0.228
201706 0.045 103.349 0.057
201709 -0.101 104.136 -0.128
201712 0.101 104.011 0.128
201803 -0.487 105.290 -0.610
201806 0.077 106.317 0.095
201809 -0.394 106.507 -0.487
201812 0.387 105.998 0.481
201903 0.212 107.251 0.260
201906 -0.150 108.070 -0.183
201909 -0.354 108.329 -0.431
201912 0.081 108.420 0.098
202003 -0.009 108.902 -0.011
202006 0.329 108.767 0.399
202009 0.263 109.815 0.316
202012 0.041 109.897 0.049
202103 -0.210 111.754 -0.248
202106 0.058 114.631 0.067
202109 0.323 115.734 0.368
202112 0.363 117.630 0.407
202203 -0.136 121.301 -0.148
202206 0.076 125.017 0.080
202209 0.343 125.227 0.361
202212 0.330 125.222 0.347
202303 0.252 127.348 0.261
202306 0.425 128.729 0.435
202309 0.572 129.860 0.580
202312 0.394 129.419 0.401
202403 0.589 131.776 0.589

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


Limbach Holdings  (STU:J4B) 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.

Limbach Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=50.60/0.47
=107.66

* 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 10 years, the highest Shiller P/E Ratio of Limbach Holdings was 113.75. The lowest was 77.08. And the median was 91.23.


Be Aware

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


Limbach Holdings E10 Related Terms

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


Limbach Holdings (STU:J4B) Business Description

Traded in Other Exchanges
Address
797 Commonwealth Drive, Warrendale, PA, USA, 15086
Limbach Holdings Inc is a commercial specialty contractor in the fields of heating, ventilation, air conditioning, plumbing, electrical, and building controls for the design and construction of new and renovated buildings, maintenance services, energy retrofits, and equipment upgrades. It operates in two segments namely General Contractor Relationships (GCR) and Owner Direct Relationships (ODR). The company generates maximum revenue from the GCR segment.

Limbach Holdings (STU:J4B) Headlines

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