GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Realty Income Corp (STU:RY6) » Definitions » E10

Realtyome (STU:RY6) E10 : €1.31 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Realtyome 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.

Realtyome's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.147. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Realtyome's average E10 Growth Rate was 2.90% per year. During the past 3 years, the average E10 Growth Rate was 5.60% per year. During the past 5 years, the average E10 Growth Rate was 4.50% per year. During the past 10 years, the average E10 Growth Rate was 2.10% 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 Realtyome was 6.00% per year. The lowest was -2.30% per year. And the median was 1.80% per year.

As of today (2024-05-24), Realtyome's current stock price is €48.655. Realtyome's E10 for the quarter that ended in Mar. 2024 was €1.31. Realtyome's Shiller PE Ratio of today is 37.14.

During the past 13 years, the highest Shiller PE Ratio of Realtyome was 68.23. The lowest was 30.43. And the median was 48.45.


Realtyome E10 Historical Data

The historical data trend for Realtyome'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.

Realtyome E10 Chart

Realtyome 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 1.03 0.95 1.09 1.27 1.28

Realtyome Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.26 1.28 1.32 1.28 1.31

Competitive Comparison of Realtyome's E10

For the REIT - Retail subindustry, Realtyome'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.


Realtyome's Shiller PE Ratio Distribution in the REITs Industry

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

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



Realtyome 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, Realtyome's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.147/131.7762*131.7762
=0.147

Current CPI (Mar. 2024) = 131.7762.

Realtyome Quarterly Data

per share eps CPI Adj_EPS
201406 0.169 100.560 0.221
201409 0.202 100.428 0.265
201412 0.260 99.070 0.346
201503 0.249 99.621 0.329
201506 0.223 100.684 0.292
201509 0.232 100.392 0.305
201512 0.280 99.792 0.370
201603 0.225 100.470 0.295
201606 0.240 101.688 0.311
201609 0.241 101.861 0.312
201612 0.313 101.863 0.405
201703 0.252 102.862 0.323
201706 0.264 103.349 0.337
201709 0.267 104.136 0.338
201712 0.186 104.011 0.236
201803 0.235 105.290 0.294
201806 0.291 106.317 0.361
201809 0.291 106.507 0.360
201812 0.255 105.998 0.317
201903 0.327 107.251 0.402
201906 0.274 108.070 0.334
201909 0.291 108.329 0.354
201912 0.351 108.420 0.427
202003 0.398 108.902 0.482
202006 0.275 108.767 0.333
202009 0.059 109.815 0.071
202012 0.271 109.897 0.325
202103 0.218 111.754 0.257
202106 0.274 114.631 0.315
202109 0.289 115.734 0.329
202112 0.009 117.630 0.010
202203 0.305 121.301 0.331
202206 0.350 125.017 0.369
202209 0.364 125.227 0.383
202212 0.340 125.222 0.358
202303 0.318 127.348 0.329
202306 0.268 128.729 0.274
202309 0.309 129.860 0.314
202312 0.275 129.419 0.280
202403 0.147 131.776 0.147

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


Realtyome  (STU:RY6) 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.

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

Shiller PE Ratio=Share Price/E10
=48.655/1.31
=37.14

* 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 Realtyome was 68.23. The lowest was 30.43. And the median was 48.45.


Be Aware

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


Realtyome E10 Related Terms

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


Realtyome (STU:RY6) Business Description

Traded in Other Exchanges
Address
11995 El Camino Real, San Diego, CA, USA, 92130
Realty Income owns roughly 13,100 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 17% of revenue.

Realtyome (STU:RY6) Headlines

No Headlines