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SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) E10 : $1.93 (As of Dec. 2023)


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What is SmartCentres Real Estate Investment 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.

SmartCentres Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.93 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SmartCentres Real Estate Investment Trust's average E10 Growth Rate was 3.60% per year. During the past 3 years, the average E10 Growth Rate was 1.80% per year. During the past 5 years, the average E10 Growth Rate was -1.90% per year. During the past 10 years, the average E10 Growth Rate was 3.00% 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 SmartCentres Real Estate Investment Trust was 36.00% per year. The lowest was -5.60% per year. And the median was 7.25% per year.

As of today (2024-04-30), SmartCentres Real Estate Investment Trust's current stock price is $16.245. SmartCentres Real Estate Investment Trust's E10 for the quarter that ended in Dec. 2023 was $1.93. SmartCentres Real Estate Investment Trust's Shiller PE Ratio of today is 8.42.

During the past 13 years, the highest Shiller PE Ratio of SmartCentres Real Estate Investment Trust was 16.99. The lowest was 5.94. And the median was 11.90.


SmartCentres Real Estate Investment Trust E10 Historical Data

The historical data trend for SmartCentres Real Estate Investment 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.

SmartCentres Real Estate Investment Trust E10 Chart

SmartCentres Real Estate Investment 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 2.27 1.91 2.26 1.82 1.93

SmartCentres Real Estate Investment Trust 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 1.82 1.79 1.83 1.90 1.93

Competitive Comparison of SmartCentres Real Estate Investment Trust's E10

For the REIT - Retail subindustry, SmartCentres Real Estate Investment 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.


SmartCentres Real Estate Investment Trust's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where SmartCentres Real Estate Investment Trust's Shiller PE Ratio falls into.



SmartCentres Real Estate Investment 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, SmartCentres Real Estate Investment Trust'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)
=0.05/125.4675*125.4675
=0.050

Current CPI (Dec. 2023) = 125.4675.

SmartCentres Real Estate Investment Trust Quarterly Data

per share eps CPI Adj_EPS
201403 0.327 98.604 0.416
201406 0.370 99.473 0.467
201409 0.476 99.394 0.601
201412 0.334 98.367 0.426
201503 0.275 99.789 0.346
201506 0.360 100.500 0.449
201509 0.381 100.421 0.476
201512 0.363 99.947 0.456
201603 0.405 101.054 0.503
201606 0.321 102.002 0.395
201609 0.233 101.765 0.287
201612 0.621 101.449 0.768
201703 0.241 102.634 0.295
201706 0.501 103.029 0.610
201709 0.304 103.345 0.369
201712 0.420 103.345 0.510
201803 0.408 105.004 0.488
201806 0.414 105.557 0.492
201809 0.385 105.636 0.457
201812 0.397 105.399 0.473
201903 0.299 106.979 0.351
201906 0.359 107.690 0.418
201909 0.358 107.611 0.417
201912 0.391 107.769 0.455
202003 0.224 107.927 0.260
202006 -0.483 108.401 -0.559
202009 0.407 108.164 0.472
202012 0.183 108.559 0.212
202103 0.233 110.298 0.265
202106 0.384 111.720 0.431
202109 0.693 112.905 0.770
202112 2.509 113.774 2.767
202203 1.394 117.646 1.487
202206 0.571 120.806 0.593
202209 0.015 120.648 0.016
202212 0.352 120.964 0.365
202303 0.393 122.702 0.402
202306 0.569 124.203 0.575
202309 0.879 125.230 0.881
202312 0.050 125.468 0.050

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


SmartCentres Real Estate Investment Trust  (OTCPK:CWYUF) 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.

SmartCentres Real Estate Investment Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.245/1.93
=8.42

* 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 SmartCentres Real Estate Investment Trust was 16.99. The lowest was 5.94. And the median was 11.90.


Be Aware

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


SmartCentres Real Estate Investment Trust E10 Related Terms

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


SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
3200 Highway 7, Vaughan, ON, CAN, L4K 5Z5
SmartCentres Real Estate Investment Trust is a Canadian fully integrated commercial and residential REIT, with approximately 174 strategically located properties in communities across the country. The company is developing complete, connected, mixed-use communities on its existing retail properties, under its wholly-owned residential sub-brand, SmartLiving. The Trust develops, leases, constructs, owns and manages shopping centres, office buildings, high-rise and low-rise condominiums and rental residences, seniors' housing, townhome units, self-storage rental facilities, and industrial facilities in Canada.

SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) Headlines