GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Brandywine Realty Trust (NYSE:BDN) » Definitions » E10

Brandywine Realty Trust (Brandywine Realty Trust) E10 : $0.32 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Brandywine Realty Trust 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.

Brandywine Realty Trust's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Brandywine Realty Trust's average E10 Growth Rate was -30.40% per year. During the past 3 years, the average E10 Growth Rate was -2.90% per year. During the past 5 years, the average E10 Growth Rate was 27.50% per year. During the past 10 years, the average E10 Growth Rate was 12.50% 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 Brandywine Realty Trust was 217.90% per year. The lowest was -46.60% per year. And the median was -6.25% per year.

As of today (2024-04-29), Brandywine Realty Trust's current stock price is $4.47. Brandywine Realty Trust's E10 for the quarter that ended in Mar. 2024 was $0.32. Brandywine Realty Trust's Shiller PE Ratio of today is 13.97.

During the past 13 years, the highest Shiller PE Ratio of Brandywine Realty Trust was 252.14. The lowest was 7.87. And the median was 75.27.


Brandywine Realty Trust E10 Historical Data

The historical data trend for Brandywine Realty Trust'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.

Brandywine Realty Trust E10 Chart

Brandywine Realty Trust 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 0.14 0.35 0.39 0.45 0.32

Brandywine Realty Trust 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 0.46 0.45 0.43 0.32 0.32

Competitive Comparison of Brandywine Realty Trust's E10

For the REIT - Office subindustry, Brandywine Realty Trust'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.


Brandywine Realty Trust's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Brandywine Realty Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Brandywine Realty Trust's Shiller PE Ratio falls into.



Brandywine Realty Trust 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, Brandywine Realty Trust'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)
=-0.1/129.4194*129.4194
=-0.100

Current CPI (Mar. 2024) = 129.4194.

Brandywine Realty Trust Quarterly Data

per share eps CPI Adj_EPS
201406 0.002 100.560 0.003
201409 0.040 100.428 0.052
201412 -0.020 99.070 -0.026
201503 0.040 99.621 0.052
201506 0.010 100.684 0.013
201509 0.100 100.392 0.129
201512 -0.370 99.792 -0.480
201603 0.250 100.470 0.322
201606 -0.020 101.688 -0.025
201609 0.030 101.861 0.038
201612 -0.080 101.863 -0.102
201703 0.110 102.862 0.138
201706 0.020 103.349 0.025
201709 0.110 104.136 0.137
201712 0.410 104.011 0.510
201803 0.250 105.290 0.307
201806 0.070 106.317 0.085
201809 -0.240 106.507 -0.292
201812 0.680 105.998 0.830
201903 0.020 107.251 0.024
201906 0.030 108.070 0.036
201909 0.040 108.329 0.048
201912 0.090 108.420 0.107
202003 0.040 108.902 0.048
202006 0.020 108.767 0.024
202009 1.600 109.815 1.886
202012 0.110 109.897 0.130
202103 0.040 111.754 0.046
202106 -0.002 114.631 -0.002
202109 0.010 115.734 0.011
202112 0.030 117.630 0.033
202203 0.030 121.301 0.032
202206 0.030 125.017 0.031
202209 0.080 125.227 0.083
202212 0.170 125.222 0.176
202303 -0.030 127.348 -0.030
202306 -0.080 128.729 -0.080
202309 -0.130 129.860 -0.130
202312 -0.910 129.419 -0.910
202403 -0.100 129.419 -0.100

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


Brandywine Realty Trust  (NYSE:BDN) 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.

Brandywine Realty Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.47/0.32
=13.97

* 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 Brandywine Realty Trust was 252.14. The lowest was 7.87. And the median was 75.27.


Be Aware

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


Brandywine Realty Trust E10 Related Terms

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


Brandywine Realty Trust (Brandywine Realty Trust) Business Description

Traded in Other Exchanges
Address
2929 Arch Street, Suite 1800, Philadelphia, PA, USA, 19104
Brandywine Realty Trust engaged in the acquisition, development, redevelopment, ownership, management, and operation of a portfolio of office, life science/lab, residential, and mixed-use properties. The company owned and managed properties within five segments. The Philadelphia CBD segment includes properties located in the City of Philadelphia in Pennsylvania. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs. The Austin, Texas segment includes properties in the City of Austin, Texas. The Metropolitan Washington, D.C. segment includes properties in Northern Virginia, Washington, D.C. and Southern Maryland. The Other segment includes properties in Camden County, New Jersey and New Castle County, Delaware.
Executives
Joan Lau director C/O RENOVACOR, INC., 5 MEAD POINT DRIVE, GREENWICH CT 06830
Michael Joyce director 401 PLYMOUTH ROAD, SUITE 500, PLYMOUTH MEETING PA 19462
Tom Wirth officer: Executive Vice President C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170
William D Redd officer: Executive Vice President 555 EAST LANCASTER AVE, SUITE 100, RADNOR PA 19087
H Jeffrey Devuono officer: Executive Vice President 401 PLYMOUTH RD, STE 500, PLYMOUTH MEETING PA 19462
Reginald Desroches director C/O BRANDYWINE REALTY TRUST, 2929 WALNUT STREET, SUITE 1700, PHILADELPHIA PA 19104
Wyche Fowler director 401 PLYMOUTH ROAD, SUITE 500, PLYMOUTH MEETING PA 19462
Shawn Neuman officer: General Counsel & Secretary C/O LIBERTY PROPERTY TRUST, SUITE 400, WAYNE PA 19087
Gerard H Sweeney director, officer: President and CEO 200 BERWYN PARK, STE 100, BERWYN PA 19312
Daniel A Palazzo officer: VP & Chief Accounting Officer 555 EAST LANCASTER AVE., SUITE 100, RADNOR PA 19087
Nichols Anthony A Sr director
James C Diggs director 1000 SIX PPG PL, PITTSBURGH PA 15222
Terri A Herubin director 2929 WALNUT STREET, SUITE 1700, PHILADELPHIA PA 19104
Haverstick H Richard Jr director 26 WRENTHAM DRIVE, MEDFORD NJ 08055
Rice Jennifer Matthews officer: VP of Legal Affairs 555 EAST LANCASTER AVE, SUITE 100, RADNOR PA 19087

Brandywine Realty Trust (Brandywine Realty Trust) Headlines