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RPT Realty (RPT Realty) E10 : $0.51 (As of Sep. 2023)


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What is RPT Realty 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.

RPT Realty's adjusted earnings per share data for the three months ended in Sep. 2023 was $-0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.51 for the trailing ten years ended in Sep. 2023.

During the past 12 months, RPT Realty's average E10 Growth Rate was 8.50% per year. During the past 3 years, the average E10 Growth Rate was 43.30% per year. During the past 5 years, the average E10 Growth Rate was 20.30% per year. During the past 10 years, the average E10 Growth Rate was -7.80% 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 RPT Realty was 43.30% per year. The lowest was -34.80% per year. And the median was -7.90% per year.

As of today (2024-05-05), RPT Realty's current stock price is $12.83. RPT Realty's E10 for the quarter that ended in Sep. 2023 was $0.51. RPT Realty's Shiller PE Ratio of today is 25.16.

During the past 13 years, the highest Shiller PE Ratio of RPT Realty was 164.22. The lowest was 16.09. And the median was 32.55.


RPT Realty E10 Historical Data

The historical data trend for RPT Realty'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.

RPT Realty E10 Chart

RPT Realty Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.18 0.22 0.42 0.53

RPT Realty Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.47 0.53 0.53 0.53 0.51

Competitive Comparison of RPT Realty's E10

For the REIT - Retail subindustry, RPT Realty'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.


RPT Realty's Shiller PE Ratio Distribution in the REITs Industry

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

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



RPT Realty 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, RPT Realty's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.09/129.8595*129.8595
=-0.090

Current CPI (Sep. 2023) = 129.8595.

RPT Realty Quarterly Data

per share eps CPI Adj_EPS
201312 -0.110 98.326 -0.145
201403 0.010 99.695 0.013
201406 -0.010 100.560 -0.013
201409 0.060 100.428 0.078
201412 -0.180 99.070 -0.236
201503 0.100 99.621 0.130
201506 0.060 100.684 0.077
201509 0.380 100.392 0.492
201512 0.160 99.792 0.208
201603 0.130 100.470 0.168
201606 0.320 101.688 0.409
201609 0.150 101.861 0.191
201612 0.070 101.863 0.089
201703 0.140 102.862 0.177
201706 0.050 103.349 0.063
201709 0.330 104.136 0.412
201712 0.240 104.011 0.300
201803 0.070 105.290 0.086
201806 0.030 106.317 0.037
201809 0.100 106.507 0.122
201812 -0.070 105.998 -0.086
201903 0.110 107.251 0.133
201906 0.010 108.070 0.012
201909 0.050 108.329 0.060
201912 0.830 108.420 0.994
202003 -0.020 108.902 -0.024
202006 -0.060 108.767 -0.072
202009 -0.050 109.815 -0.059
202012 -0.090 109.897 -0.106
202103 0.190 111.754 0.221
202106 0.410 114.631 0.464
202109 0.290 115.734 0.325
202112 -0.150 117.630 -0.166
202203 0.050 121.301 0.054
202206 0.060 125.017 0.062
202209 0.130 125.227 0.135
202212 0.630 125.222 0.653
202303 -0.010 127.348 -0.010
202306 -0.020 128.729 -0.020
202309 -0.090 129.860 -0.090

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


RPT Realty  (NYSE:RPT) 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.

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

Shiller PE Ratio=Share Price/E10
=12.83/0.51
=25.16

* 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 RPT Realty was 164.22. The lowest was 16.09. And the median was 32.55.


Be Aware

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


RPT Realty E10 Related Terms

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


RPT Realty (RPT Realty) Business Description

Traded in Other Exchanges
N/A
Address
19 West 44th Street, Suite 1002, New York, NY, USA, 10036
RPT Realty is a self-managed real estate investment trust that invests in and manages retail properties. The company owns and operates a national portfolio of open-air shopping destinations principally located in top U.S. markets. The Company's shopping centers offer diverse, locally-curated consumer experiences that reflect the lifestyles of their surrounding communities and meet the modern expectations of the Company's retail partners. The Company's property portfolio consisted of 44 wholly-owned shopping centers, 13 shopping centers owned through its grocery-anchored joint venture, 48 retail properties owned through its net lease joint venture and one net lease retail property that was held for sale by the Company which together represent 15.0 million square feet of gross leasable area.
Executives
Raymond J. Merk officer: Chief Accounting Officer C/O RPT REALTY, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Heather Ohlberg officer: EXECUTIVE VICE PRESIDENT 19 W 44TH STREET, SUITE 1002, NEW YORK NY 10036
Michael Fitzmaurice officer: EVP and CFO C/O RAMCO GERSHENSON PROPERTIES TRUST, 31500 NORTHWESTERN HIGHWAY SUITE 300, FARMINGTON HILLS MI 48334
Timothy Collier officer: Executive VP-Leasing C/O RAMCO GERSHENSON PROPERTIES TRUST, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Laurie M Shahon director
Joanna T Lau director 30 MONUMENT SQUARE, SUITE 220, CONCORD MA 01742
Andrea Weiss director 23 RAMRAPO COURT WEST, GLENROCK NJ 07452
Arthur H Goldberg director 25 TIDEWAY, KIGS POINT NY 11024
David J Nettina director 1725 THE FAIRWAY, JENKINTOWN PA 19046
Richard L Federico director
Brian Harper director, officer: CEO and President C/O RAMCO GERSHENSON PROPERTIES TRUST, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Joel M Pashcow director 21 FIR DRIVE, GREAT NECK NY 11024
Dynavox Inc. officer: Principal Financial Officer 2100 WHARTON STREET, SUITE 400, PITTSBURGH PA 15203
Dawn Hendershot officer: Senior Vice President C/O RAMCO GERSHENSON PROPERTIES TRUST, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Dennis Earl Gershenson director, officer: President and CEO 31500 NORTHWESTERN HWY, SUITE 300, FARMINGTON HILLS MI 48334