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Kennedy-Wilson Holdings (Kennedy-Wilson Holdings) E10

: $0.63 (As of Dec. 2023)
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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.

Kennedy-Wilson Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $-1.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.63 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kennedy-Wilson Holdings's average E10 Growth Rate was -23.20% per year. During the past 3 years, the average E10 Growth Rate was 11.90% per year. During the past 5 years, the average E10 Growth Rate was 32.80% 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 Kennedy-Wilson Holdings was 124.10% per year. The lowest was 11.90% per year. And the median was 48.55% per year.

As of today (2024-04-23), Kennedy-Wilson Holdings's current stock price is $8.58. Kennedy-Wilson Holdings's E10 for the quarter that ended in Dec. 2023 was $0.63. Kennedy-Wilson Holdings's Shiller PE Ratio of today is 13.62.

During the past 13 years, the highest Shiller PE Ratio of Kennedy-Wilson Holdings was 528.75. The lowest was 13.08. And the median was 39.54.


Kennedy-Wilson Holdings E10 Historical Data

The historical data trend for Kennedy-Wilson 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.

Kennedy-Wilson 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 0.38 0.45 0.71 0.82 0.63

Kennedy-Wilson Holdings 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 0.82 0.81 0.85 0.80 0.63

Competitive Comparison

For the Real Estate Services subindustry, Kennedy-Wilson 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.


Kennedy-Wilson Holdings Shiller PE Ratio Distribution

For the Real Estate industry and Real Estate sector, Kennedy-Wilson Holdings's Shiller PE Ratio distribution charts can be found below:

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



Kennedy-Wilson 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, Kennedy-Wilson Holdings'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)
=-1.78/129.4194*129.4194
=-1.780

Current CPI (Dec. 2023) = 129.4194.

Kennedy-Wilson Holdings Quarterly Data

per share eps CPI Adj_EPS
201403 0.120 99.695 0.156
201406 0.380 100.560 0.489
201409 -0.030 100.428 -0.039
201412 -0.350 99.070 -0.457
201503 -0.050 99.621 -0.065
201506 0.270 100.684 0.347
201509 0.130 100.392 0.168
201512 0.250 99.792 0.324
201603 -0.070 100.470 -0.090
201606 -0.020 101.688 -0.025
201609 -0.030 101.861 -0.038
201612 0.130 101.863 0.165
201703 0.004 102.862 0.005
201706 0.080 103.349 0.100
201709 -0.080 104.136 -0.099
201712 0.690 104.011 0.859
201803 -0.020 105.290 -0.025
201806 0.770 106.317 0.937
201809 0.090 106.507 0.109
201812 0.210 105.998 0.256
201903 -0.040 107.251 -0.048
201906 0.360 108.070 0.431
201909 0.150 108.329 0.179
201912 1.120 108.420 1.337
202003 -0.070 108.902 -0.083
202006 -0.300 108.767 -0.357
202009 -0.180 109.815 -0.212
202012 1.210 109.897 1.425
202103 -0.040 111.754 -0.046
202106 1.530 114.631 1.727
202109 0.470 115.734 0.526
202112 0.270 117.630 0.297
202203 0.240 121.301 0.256
202206 -0.070 125.017 -0.072
202209 0.120 125.227 0.124
202212 0.160 125.222 0.165
202303 -0.300 127.348 -0.305
202306 0.280 128.729 0.282
202309 -0.660 129.860 -0.658
202312 -1.780 129.419 -1.780

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


Kennedy-Wilson Holdings  (NYSE:KW) 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.

Kennedy-Wilson Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.58/0.63
=13.62

* 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 Kennedy-Wilson Holdings was 528.75. The lowest was 13.08. And the median was 39.54.


Be Aware

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


Kennedy-Wilson Holdings E10 Related Terms

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


Kennedy-Wilson Holdings (Kennedy-Wilson Holdings) Business Description

Traded in Other Exchanges
Address
151 S El Camino Drive, Beverly Hills, CA, USA, 90212
Kennedy-Wilson Holdings Inc is a real estate investment company that owns, operates, and invests in real estate both on its own and through its investment management platform. The Company focuses on multifamily and office properties, as well as industrial and debt investments. It has two business segments; Consolidated Portfolio includes investment activities that involve ownership of multifamily units, office, retail and industrial space, and one hotel, and The Co-Investment Portfolio segment consists of investments the Company makes with partners in which it receives fees, performance allocations that it earns on its fee-bearing capital and distributions and profits from its ownership interest in the underlying operations of its co-investments.
Executives
William J Mcmorrow director, 10 percent owner, officer: Chief Executive Officer 530 WILSHIRE BLVD, STE 101, SANTA MONICA CA 90401
Michael John Pegler officer: President KW Europe 151 S EL CAMINO DRIVE, BEVERLY HILLS CA 90212
Regina Wambold Finnegan officer: EVP, Risk Management and HR 151 S EL CAMINO DRIVE, BEVERLY HILLS CA 90212
Todd L Boehly director 600 STEAMBOAT ROAD, GREENWICH CT 06830
Boucher Richard Aidan Hugh director 151 S EL CAMINO DRIVE, BEVERLY HILLS CA 90212
Wade Burton director 151 S EL CAMINO DRIVE, BEVERLY HILLS CA 90212
Stanley R Zax director ZENITH NATIONAL INSURANCE, 21255 CALIFA STREET, WOODLAND HILLS CA 91367
Mary Ricks officer: Co-CEO of KW Com Invt Group
Watsa V Prem Et Al 10 percent owner 95 WELLINGTON STREET WEST, SUITE 800, TORONTO A6 M5J 2N7
Fairfax Financial Holdings Ltd/ Can 10 percent owner FAIRFAX FINANCIAL HOLDINGS LTD, 95 WELLINGTON ST WEST STE 800, TORONTO A6 M5J 2N7
Second 1109 Holdco Ltd. 10 percent owner 95 WELLINGTON ST W STE 800, TORONTO A6 M5J 2N7
Sixty Two Investment Co Ltd 10 percent owner 1600 CATHEDRAL PLACE, 925 W GEORGIA ST, VANCOUVER BC CANADA A1 V6C3L3
Justin Enbody officer: Chief Financial Officer 9701 WILSHIRE BLVD., SUITE 700, BEVERLY HILLS CA 90212
Kent Y Mouton director C/O KENNEDY WILSON INC, 9601 WILSHIRE BLVD STE 220, BEVERLY HILLS CA 90210
Cathy Hendrickson director 9701 WILSHIRE BLVD., SUITE 700, BEVERLY HILLS CA 90210