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ARR (ARMOUR Residential REIT) E10 : $-7.63 (As of Dec. 2024)


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What is ARMOUR Residential REIT 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.

ARMOUR Residential REIT's adjusted earnings per share data for the three months ended in Dec. 2024 was $-0.970. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-7.63 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average E10 Growth Rate was -8.80% per year. During the past 5 years, the average E10 Growth Rate was -45.70% 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 ARMOUR Residential REIT was -8.80% per year. The lowest was -130.10% per year. And the median was -31.30% per year.

As of today (2025-03-14), ARMOUR Residential REIT's current stock price is $18.74. ARMOUR Residential REIT's E10 for the quarter that ended in Dec. 2024 was $-7.63. ARMOUR Residential REIT's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of ARMOUR Residential REIT was 142.33. The lowest was 33.27. And the median was 50.24.


ARMOUR Residential REIT E10 Historical Data

The historical data trend for ARMOUR Residential REIT'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.

ARMOUR Residential REIT E10 Chart

ARMOUR Residential REIT Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.51 -5.92 -12.67 -10.22 -7.63

ARMOUR Residential REIT Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -10.22 -10.02 -9.07 -9.73 -7.63

Competitive Comparison of ARMOUR Residential REIT's E10

For the REIT - Mortgage subindustry, ARMOUR Residential REIT'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.


ARMOUR Residential REIT's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where ARMOUR Residential REIT's Shiller PE Ratio falls into.



ARMOUR Residential REIT 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, ARMOUR Residential REIT's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.97/133.1571*133.1571
=-0.970

Current CPI (Dec. 2024) = 133.1571.

ARMOUR Residential REIT Quarterly Data

per share eps CPI Adj_EPS
201503 -14.800 99.621 -19.782
201506 22.000 100.684 29.096
201509 -25.900 100.392 -34.353
201512 12.950 99.792 17.280
201603 -38.650 100.470 -51.224
201606 2.350 101.688 3.077
201609 15.600 101.861 20.393
201612 12.250 101.863 16.013
201703 6.650 102.862 8.609
201706 3.500 103.349 4.509
201709 2.900 104.136 3.708
201712 8.000 104.011 10.242
201803 4.800 105.290 6.070
201806 1.100 106.317 1.378
201809 5.100 106.507 6.376
201812 -25.700 105.998 -32.285
201903 -11.050 107.251 -13.719
201906 -15.700 108.070 -19.345
201909 -5.450 108.329 -6.699
201912 9.300 108.420 11.422
202003 -34.750 108.902 -42.490
202006 3.850 108.767 4.713
202009 4.300 109.815 5.214
202012 6.500 109.897 7.876
202103 5.150 111.754 6.136
202106 -4.750 114.631 -5.518
202109 1.800 115.734 2.071
202112 -1.610 117.630 -1.823
202203 -3.600 121.301 -3.952
202206 -2.900 125.017 -3.089
202209 -5.980 125.227 -6.359
202212 2.550 125.222 2.712
202303 -0.950 127.348 -0.993
202306 1.000 128.729 1.034
202309 -3.920 129.860 -4.020
202312 1.960 129.419 2.017
202403 0.240 131.776 0.243
202406 -1.050 132.554 -1.055
202409 1.210 133.029 1.211
202412 -0.970 133.157 -0.970

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


ARMOUR Residential REIT  (NYSE:ARR) 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 ARMOUR Residential REIT was 142.33. The lowest was 33.27. And the median was 50.24.


Be Aware

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


ARMOUR Residential REIT E10 Related Terms

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


ARMOUR Residential REIT Business Description

Traded in Other Exchanges
Address
3001 Ocean Drive, Suite 201, Vero Beach, FL, USA, 32963
ARMOUR Residential REIT Inc operate in the U.S. and invest in fixed rate residential, adjustable rate and hybrid adjustable rate residential MBS issued or guaranteed by U.S. GSEs or guaranteed by Ginnie Mae. It also invest in U.S. Treasury Securities and money market instruments.
Executives
Robert C Hain director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
Daniel C Staton director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
James R Mountain officer: Chief Financial Officer ARMOUR RESIDENTIAL REIT, INC., 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Jeffrey J Zimmer director, officer: Co-CEO and President 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Scott Ulm director, officer: Co-CEO and CIO 3005 HAMMOCK WAY, VERO BEACH FL 32963
Hollihan John P Iii director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
Mark Gruber officer: Chief Operating Officer 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Z Jamie Behar director 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Marc H Bell director 6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487
Gordon Harper officer: VP Finance and Controller 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Carolyn Downey director 54 ROSEBROOK ROAD, NEW CANAAN CT 06840
Thomas K Guba director 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Staton Bell Blank Check Llc 10 percent owner 6800 BROKEN SOUND PARKWAY, BOCA RATON FL 33487
Richard Steiner other: Director of Enterprise [EST] 4044 ROSE HILL AVENUE, CINCINNATI OH 45229
Ezra Shashoua other: Officer of Enterprise [EST] 6800 BROKEN SOUND PARKWAY, BOCA RATON FL 33487