GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Display Co Ltd (XKRX:034220) » Definitions » Shiller PE Ratio

LG Display Co (XKRX:034220) Shiller PE Ratio : (As of May. 20, 2024)


View and export this data going back to 2004. Start your Free Trial

What is LG Display Co Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


LG Display Co Shiller PE Ratio Historical Data

The historical data trend for LG Display Co's Shiller PE Ratio 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.

LG Display Co Shiller PE Ratio Chart

LG Display Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.34 42.86 24.41 675.25 -

LG Display Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio 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 - - - - -

Competitive Comparison of LG Display Co's Shiller PE Ratio

For the Consumer Electronics subindustry, LG Display Co'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.


LG Display Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LG Display Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where LG Display Co's Shiller PE Ratio falls into.



LG Display Co Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

LG Display Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, LG Display Co'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)
=-2037/118.8477*118.8477
=-2,037.000

Current CPI (Mar. 2024) = 118.8477.

LG Display Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 695.030 99.353 831.406
201409 941.468 99.608 1,123.316
201412 1,011.740 99.098 1,213.374
201503 1,233.150 99.720 1,469.686
201506 901.037 100.050 1,070.327
201509 509.240 100.110 604.555
201512 -43.319 100.220 -51.371
201603 6.739 100.560 7.965
201606 -192.529 100.790 -227.023
201609 478.435 101.460 560.427
201612 2,146.700 101.560 2,512.115
201703 1,703.880 102.850 1,968.908
201706 1,856.940 102.610 2,150.795
201709 1,188.870 103.490 1,365.296
201712 99.153 102.990 114.420
201803 -159.799 104.100 -182.437
201806 -799.959 104.130 -913.025
201809 9.626 105.650 10.828
201812 392.688 104.350 447.245
201903 -163.650 104.490 -186.137
201906 -1,475.740 104.880 -1,672.276
201909 -1,128.220 105.200 -1,274.585
201912 -4,845.000 105.120 -5,477.712
202003 -535.231 105.540 -602.719
202006 -1,315.940 104.870 -1,491.336
202009 81.825 106.200 91.570
202012 1,514.240 105.765 1,701.539
202103 614.168 107.357 679.903
202106 977.086 107.579 1,079.438
202109 645.935 108.759 705.852
202112 469.771 109.676 509.054
202203 -101.078 111.806 -107.444
202206 -1,194.640 114.083 -1,244.537
202209 -2,123.600 114.831 -2,197.876
202212 -5,374.440 115.200 -5,544.607
202303 -3,187.000 116.550 -3,249.841
202306 -2,308.420 117.140 -2,342.075
202309 -1,936.840 119.111 -1,932.555
202312 130.896 118.848 130.896
202403 -2,037.000 118.848 -2,037.000

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


LG Display Co  (XKRX:034220) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


LG Display Co Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of LG Display Co's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


LG Display Co (XKRX:034220) Business Description

Traded in Other Exchanges
Address
LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336
LG Display is a South Korea-based company that is principally engaged in developing, manufacturing and selling TFT-LCD and OLED display panels. The company's products consist of panels for notebook computers, monitors, televisions, smartphones, tablets, and others. The company conducts direct sales through overseas subsidiaries in a number of countries, including the United States, Germany, Japan, Taiwan, China, and Singapore. These subsidiaries conduct sales activities and offer technical support to clients. The company generates the majority of its revenue from overseas markets, with the rest from South Korea.

LG Display Co (XKRX:034220) Headlines

No Headlines