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Portsmouth Square (Portsmouth Square) E10 : $-4.58 (As of Dec. 2023)


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What is Portsmouth Square 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.

Portsmouth Square's adjusted earnings per share data for the three months ended in Dec. 2023 was $-3.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-4.58 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -78.10% per year. During the past 5 years, the average E10 Growth Rate was -39.70% per year. During the past 10 years, the average E10 Growth Rate was -9.90% 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 Portsmouth Square was 29.70% per year. The lowest was -78.10% per year. And the median was -15.80% per year.

As of today (2024-04-29), Portsmouth Square's current stock price is $2.05. Portsmouth Square's E10 for the quarter that ended in Dec. 2023 was $-4.58. Portsmouth Square's Shiller PE Ratio of today is .


Portsmouth Square E10 Historical Data

The historical data trend for Portsmouth Square'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.

Portsmouth Square E10 Chart

Portsmouth Square Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.83 -0.96 -2.25 -3.43 -5.42

Portsmouth Square 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 -3.67 -3.84 -5.42 -5.81 -4.58

Competitive Comparison of Portsmouth Square's E10

For the Lodging subindustry, Portsmouth Square'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.


Portsmouth Square's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Portsmouth Square's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Portsmouth Square's Shiller PE Ratio falls into.



Portsmouth Square 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, Portsmouth Square'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)
=-3.5/129.4194*129.4194
=-3.500

Current CPI (Dec. 2023) = 129.4194.

Portsmouth Square Quarterly Data

per share eps CPI Adj_EPS
201403 -0.660 99.695 -0.857
201406 2.050 100.560 2.638
201409 -0.390 100.428 -0.503
201412 -0.890 99.070 -1.163
201503 -0.960 99.621 -1.247
201506 -0.200 100.684 -0.257
201509 0.810 100.392 1.044
201512 -2.420 99.792 -3.138
201603 -4.550 100.470 -5.861
201606 -0.370 101.688 -0.471
201609 1.310 101.861 1.664
201612 -0.780 101.863 -0.991
201703 0.010 102.862 0.013
201706 -0.220 103.349 -0.275
201709 0.450 104.136 0.559
201712 -5.350 104.011 -6.657
201803 0.970 105.290 1.192
201806 8.880 106.317 10.810
201809 1.800 106.507 2.187
201812 -0.070 105.998 -0.085
201903 1.000 107.251 1.207
201906 0.810 108.070 0.970
201909 1.130 108.329 1.350
201912 0.520 108.420 0.621
202003 -1.530 108.902 -1.818
202006 -4.100 108.767 -4.878
202009 -3.750 109.815 -4.419
202012 -4.070 109.897 -4.793
202103 -2.670 111.754 -3.092
202106 3.360 114.631 3.793
202109 -2.690 115.734 -3.008
202112 -1.310 117.630 -1.441
202203 -2.220 121.301 -2.369
202206 -2.720 125.017 -2.816
202209 -0.010 125.227 -0.010
202212 -1.800 125.222 -1.860
202303 -1.440 127.348 -1.463
202306 -14.730 128.729 -14.809
202309 -2.120 129.860 -2.113
202312 -3.500 129.419 -3.500

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


Portsmouth Square  (OTCPK:PRSI) 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.


Be Aware

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


Portsmouth Square E10 Related Terms

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


Portsmouth Square (Portsmouth Square) Business Description

Traded in Other Exchanges
N/A
Address
1516 S. Bundy Drive, Suite 200, Los Angeles, CA, USA, 90025
Portsmouth Square Inc is a US-based company. It is formed for the purpose of acquiring a hotel property in San Francisco, California through a California limited partnership, Justice Investors Limited Partnership. The company operates through two segments Hotel Operations and Investment Transactions. The Hotel Operations segment is engaged in the operation of hotel property referred as Hilton San Francisco Financial District and provides related facilities, including underground parking garage. The Investment Transactions segment includes the investment of cash in marketable securities and other investments. The company generates the majority of its revenue from the Hotel Operations segment.
Executives
John V Winfield director, officer: PRESIDENT, CHAIRMAN, CEO 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025
Intergroup Corp 10 percent owner 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025
Babin C Jerold director 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES, LOS ANGELES CA 90025
Danfeng Xu officer: Treasurer and Controller 1100 GLENDON AVENUE, SUITE PH-1, LOS ANGELES CA 90024
Santa Fe Financial Corp 10 percent owner 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025

Portsmouth Square (Portsmouth Square) Headlines