Reef Casino Trust (ASX:RCT) E10: A$0.24 (As of Dec. 2025)


ASX:RCT Reef Casino Trust ASX:RCT
74 GF Score
Price A$3.72
GF Value A$3.01
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Reef Casino Trust E10?

Reef Casino Trust ASX:RCT +3.33% 74 E10 is A$0.24 as of Dec. 2025. GuruFocus rates ASX:RCT with a GF Score™ of 74/100 and a GF Value™ of A$3.01 (Modestly Overvalued). The stock has 9 warning signs investors should review.

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.

Reef Casino Trust's adjusted earnings per share data for the fiscal year that ended in Dec. 2025 was A$0.217. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is A$0.24 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Reef Casino Trust's average E10 Growth Rate was -4.00% per year. During the past 3 years, the average E10 Growth Rate was -2.60% per year. During the past 5 years, the average E10 Growth Rate was 1.30% per year. During the past 10 years, the average E10 Growth Rate was -1.00% 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 Reef Casino Trust was 18.40% per year. The lowest was -12.90% per year. And the median was -3.90% per year.

As of today (2026-07-12), Reef Casino Trust's current stock price is A$ 3.72. Reef Casino Trust's E10 for the fiscal year that ended in Dec. 2025 was A$0.24. Reef Casino Trust's Shiller PE Ratio of today is 15.50.

During the past 13 years, the highest Shiller PE Ratio of Reef Casino Trust was 15.50. The lowest was 6.58. And the median was 11.87.


Reef Casino Trust  (ASX:RCT) 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.

Reef Casino Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.72/0.24
=15.50

* 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 Reef Casino Trust was 15.50. The lowest was 6.58. And the median was 11.87.


Be Aware

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


Reef Casino Trust E10 Related Terms


Reef Casino Trust E10 Historical Data

* Premium members only.

The historical data trend for Reef Casino 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.

Reef Casino Trust E10 Chart

Reef Casino Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.26 0.26 0.25 0.24

Reef Casino Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.26 0.00 0.25 0.00 0.24

ASX:RCT vs LVS, MGM, WYNN: E10 Comparison

For the Resorts & Casinos subindustry, Reef Casino 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.


Reef Casino Trust Shiller PE Ratio vs Travel & Leisure Industry

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

* The bar in red indicates where Reef Casino Trust's Shiller PE Ratio falls into.


ASX:RCT
74GF Score
Reef Casino Trust ASX:RCT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reef Casino 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, Reef Casino Trust's adjusted earnings per share data for the fiscal year that ended in Dec. 2025 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.217/135.0688*135.0688
=0.217

Current CPI (Dec. 2025) = 135.0688.

Reef Casino Trust Annual Data

per_share_eps CPI Adj_EPS
201612 0.239 0.000
201712 0.227 0.000
201812 0.203 0.000
201912 0.134 0.000
202012 -0.008 0.000
202112 0.296 0.000
202212 0.361 0.000
202312 0.216 0.000
202412 0.204 130.173 0.212
202512 0.217 135.069 0.217

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of A$0.24 mean?
Reef Casino Trust (ASX:RCT) has a E10 of A$0.24 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Reef Casino Trust and its competitors.
Is Reef Casino Trust's E10 too high?
Reef Casino Trust's current E10 is A$0.24. Overall, Reef Casino Trust has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reef Casino Trust's E10 compare to LVS and MGM?
Reef Casino Trust's E10 of A$0.24 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Travel & Leisure company?
A good E10 depends on the Travel & Leisure industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Reef Casino Trust and its competitors. Reef Casino Trust's current E10 is A$0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reef Casino Trust stock overvalued right now?
Based on GuruFocus' analysis, Reef Casino Trust (ASX:RCT) is currently considered Modestly Overvalued. The stock's GF Value™ is A$3.01, compared to a current price of A$3.72 — trading 23.6% above its estimated fair value. The current E10 is A$0.24. Reef Casino Trust's overall GF Score™ is 74/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Reef Casino Trust (ASX:RCT), the current E10 is A$0.24 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Reef Casino Trust (ASX:RCT) Overvalued in 2026?

Based on GuruFocus' analysis, Reef Casino Trust stock appears to be overvalued. The current stock price of A$3.72 is trading 23.6% above its estimated GF Value™ of A$3.01. GuruFocus considers Reef Casino Trust to be Modestly Overvalued.

Key valuation signals for ASX:RCT:

  • E10: A$0.24
  • GF Value™: A$3.01 vs. price of A$3.72 (23.6% above fair value)
  • GF Score™: 74/100 with 9 warning signs

No single metric tells the full story. See the ASX:RCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Reef Casino Trust Business Description

Address 35-41 Wharf Street, PO Box 7320, Cairns, QLD, AUS, 4870
Reef Casino Trust is engaged in the operation of the Reef Hotel-Casino Complex located in Cairns, Queensland, Australia. The company derives revenue from the casino, which includes electronic gaming and table games, and the hotel, which includes room accommodation and food and beverage, and others. The majority of the revenue is generated from the rental income received from the casino operations. The company operates in two segments, which includes Casino operations and Hotel segment.
74GF Score

Get the complete analysis for ASX:RCT

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$3.72
Price
A$3.01
GF Value