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EPR Properties (EPR Properties) E10 : $2.51 (As of Dec. 2023)


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What is EPR Properties 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.

EPR Properties's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.51 for the trailing ten years ended in Dec. 2023.

During the past 12 months, EPR Properties's average E10 Growth Rate was -5.30% per year. During the past 3 years, the average E10 Growth Rate was 0.30% per year. During the past 5 years, the average E10 Growth Rate was -0.70% per year. During the past 10 years, the average E10 Growth Rate was 0.90% 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 EPR Properties was 5.00% per year. The lowest was -2.70% per year. And the median was 1.15% per year.

As of today (2024-04-28), EPR Properties's current stock price is $40.99. EPR Properties's E10 for the quarter that ended in Dec. 2023 was $2.51. EPR Properties's Shiller PE Ratio of today is 16.33.

During the past 13 years, the highest Shiller PE Ratio of EPR Properties was 33.74. The lowest was 6.27. And the median was 22.52.


EPR Properties E10 Historical Data

The historical data trend for EPR Properties'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.

EPR Properties E10 Chart

EPR Properties 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 2.88 2.49 2.54 2.65 2.51

EPR Properties 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 2.65 2.67 2.63 2.62 2.51

Competitive Comparison of EPR Properties's E10

For the REIT - Specialty subindustry, EPR Properties'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.


EPR Properties's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where EPR Properties's Shiller PE Ratio falls into.



EPR Properties 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, EPR Properties'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)
=0.52/129.4194*129.4194
=0.520

Current CPI (Dec. 2023) = 129.4194.

EPR Properties Quarterly Data

per share eps CPI Adj_EPS
201403 0.710 99.695 0.922
201406 0.650 100.560 0.837
201409 0.680 100.428 0.876
201412 0.810 99.070 1.058
201503 0.640 99.621 0.831
201506 0.750 100.684 0.964
201509 0.760 100.392 0.980
201512 0.780 99.792 1.012
201603 0.770 100.470 0.992
201606 0.770 101.688 0.980
201609 0.810 101.861 1.029
201612 0.820 101.863 1.042
201703 0.750 102.862 0.944
201706 1.020 103.349 1.277
201709 0.770 104.136 0.957
201712 0.740 104.011 0.921
201803 0.320 105.290 0.393
201806 1.150 106.317 1.400
201809 1.150 106.507 1.397
201812 0.650 105.998 0.794
201903 0.790 107.251 0.953
201906 0.790 108.070 0.946
201909 0.360 108.329 0.430
201912 0.390 108.420 0.466
202003 0.400 108.902 0.475
202006 -0.900 108.767 -1.071
202009 -1.230 109.815 -1.450
202012 -0.350 109.897 -0.412
202103 -0.040 111.754 -0.046
202106 0.170 114.631 0.192
202109 0.350 115.734 0.391
202112 0.510 117.630 0.561
202203 0.480 121.301 0.512
202206 0.460 125.017 0.476
202209 0.600 125.227 0.620
202212 0.480 125.222 0.496
202303 0.690 127.348 0.701
202306 0.100 128.729 0.101
202309 0.660 129.860 0.658
202312 0.520 129.419 0.520

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


EPR Properties  (NYSE:EPR) 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.

EPR Properties's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=40.99/2.51
=16.33

* 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 EPR Properties was 33.74. The lowest was 6.27. And the median was 22.52.


Be Aware

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


EPR Properties E10 Related Terms

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


EPR Properties (EPR Properties) Business Description

Address
909 Walnut Street, Suite 200, Kansas, MO, USA, 64106
EPR Properties is a real estate investment trust that leases experiential properties in the United States and Canada. The company invests in two property segments: experiential, including theaters, family entertainment centers, ski resorts, and other attractions; and education, including early childhood education centers and private school properties. New investments are determined based on value and opportunity of the respective industry, location quality, and credit quality of tenants. The majority of revenue comes from the experiential sector. Texas, Florida, New York, and California are key revenue-driving states.
Executives
Tonya L. Mater officer: VP & Chief Accounting Officer 909 WALNUT STREET, SUITE 200, KANSAS CITY MO 64106
Peter C Brown director 909 WALNUT STE 200, KANSAS CITY MO 64106
Lisa G Trimberger director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA MD 21046
Paul Robert Turvey officer: SVP& Associate General Counsel 22211 W 59TH STREET, SHAWNEE KS 66226
Gwendolyn Mary Johnson officer: SVP - Asset Management 7418 COTTONWOOD DRIVE, SHAWNEE KS 66216
John Case director 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Caixia Ziegler director 421 W. ROSLYN PLACE, CHICAGO IL 60614
Mark Alan Peterson officer: VP of Accounting & Administrat 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Craig L. Evans officer: SVP & General Counsel 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Elizabeth Grace officer: SVP & Human Resources & Admin 909 WALNUT STREET SUITE 200, KANSAS CITY MO 64106
Robin Peppe Sterneck director 11205 BROOKWOOD AVENUE, LEAWOOD KS 66211
Newman Jack A Jr director 2300 WEST 96TH ST., LEAWOOD KS 64106
Virginia E Shanks director 4170 CAUGHLIN PARKWAY, RENO NV 89519
Robert J Druten director 6503 SENECA ROAD, MISSION HILLS KS 66208
Gregory E Zimmerman officer: EVP & Chief Investment Officer 909 WALNUT, SUITE 200, KANSAS CITY MO 64106