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Crombie Real Estate Investment Trust (TSX:CRR.UN) E10 : C$-0.15 (As of Mar. 2024)


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What is Crombie Real Estate Investment Trust 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.

Crombie Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Mar. 2024 was C$-0.078. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.15 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 16.80% per year. During the past 5 years, the average E10 Growth Rate was 1.40% 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 Crombie Real Estate Investment Trust was 16.80% per year. The lowest was -85.00% per year. And the median was -13.60% per year.

As of today (2024-06-07), Crombie Real Estate Investment Trust's current stock price is C$12.84. Crombie Real Estate Investment Trust's E10 for the quarter that ended in Mar. 2024 was C$-0.15. Crombie Real Estate Investment Trust's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Crombie Real Estate Investment Trust was 1577.00. The lowest was 459.67. And the median was 656.00.


Crombie Real Estate Investment Trust E10 Historical Data

The historical data trend for Crombie Real Estate Investment Trust'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.

Crombie Real Estate Investment Trust E10 Chart

Crombie Real Estate Investment Trust 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 -0.19 -0.26 -0.22 -0.17 -0.15

Crombie Real Estate Investment Trust 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 -0.17 -0.18 -0.17 -0.15 -0.15

Competitive Comparison of Crombie Real Estate Investment Trust's E10

For the REIT - Diversified subindustry, Crombie Real Estate Investment Trust'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.


Crombie Real Estate Investment Trust's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Crombie Real Estate Investment Trust's Shiller PE Ratio falls into.



Crombie Real Estate Investment Trust 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, Crombie Real Estate Investment Trust'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)
=-0.078/126.2576*126.2576
=-0.078

Current CPI (Mar. 2024) = 126.2576.

Crombie Real Estate Investment Trust Quarterly Data

per share eps CPI Adj_EPS
201406 -0.087 99.473 -0.110
201409 -0.124 99.394 -0.158
201412 -0.026 98.367 -0.033
201503 -0.097 99.789 -0.123
201506 -0.089 100.500 -0.112
201509 -0.109 100.421 -0.137
201512 -0.093 99.947 -0.117
201603 0.106 101.054 0.132
201606 -0.025 102.002 -0.031
201609 -0.061 101.765 -0.076
201612 -0.010 101.449 -0.012
201703 -0.094 102.634 -0.116
201706 0.422 103.029 0.517
201709 -0.080 103.345 -0.098
201712 -0.043 103.345 -0.053
201803 -0.052 105.004 -0.063
201806 0.101 105.557 0.121
201809 -0.138 105.636 -0.165
201812 -0.089 105.399 -0.107
201903 0.091 106.979 0.107
201906 0.035 107.690 0.041
201909 -0.026 107.611 -0.031
201912 -0.032 107.769 -0.037
202003 -0.074 107.927 -0.087
202006 -0.164 108.401 -0.191
202009 -0.099 108.164 -0.116
202012 -0.119 108.559 -0.138
202103 -0.019 110.298 -0.022
202106 -0.110 111.720 -0.124
202109 -0.076 112.905 -0.085
202112 0.249 113.774 0.276
202203 -0.080 117.646 -0.086
202206 -0.050 120.806 -0.052
202209 -0.064 120.648 -0.067
202212 0.260 120.964 0.271
202303 -0.078 122.702 -0.080
202306 -0.105 124.203 -0.107
202309 -0.062 125.230 -0.063
202312 -0.085 125.072 -0.086
202403 -0.078 126.258 -0.078

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


Crombie Real Estate Investment Trust  (TSX:CRR.UN) 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.

During the past 13 years, the highest Shiller P/E Ratio of Crombie Real Estate Investment Trust was 1577.00. The lowest was 459.67. And the median was 656.00.


Be Aware

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


Crombie Real Estate Investment Trust E10 Related Terms

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


Crombie Real Estate Investment Trust (TSX:CRR.UN) Business Description

Traded in Other Exchanges
Address
610 East River Road, Suite 200, New Glasgow, NS, CAN, B2H 3S2
Crombie Real Estate Investment Trust is a Canada-based open-end REIT that focuses on the retail industry. The company invests, operates, and develops a portfolio of grocery-store- and drugstore-anchored shopping centres, freestanding stores, offices, and mixed-use developments. The properties are located primarily in Canada's urban and suburban markets. Crombie's major tenants include retailers such as Sobeys, Shoppers Drug Mart, Cineplex, and Province of Nova Scotia. The company's property portfolio includes Aberdeen Business Centre, Barrington Place, Brunswick Place, Kenmount Business Centre, Barrington Tower, CIBC Building, Amherst Centre, Avalon Mall, County Fair Mall, and others.

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