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Boardwalk Real Estate Investment Trust (Boardwalk Real Estate Investment Trust) E10 : $2.41 (As of Dec. 2023)


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What is Boardwalk 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.

Boardwalk Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was $2.803. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.41 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Boardwalk Real Estate Investment Trust's average E10 Growth Rate was 34.60% per year. During the past 3 years, the average E10 Growth Rate was -15.60% 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 Boardwalk Real Estate Investment Trust was 219.10% per year. The lowest was -29.00% per year. And the median was 3.75% per year.

As of today (2024-05-01), Boardwalk Real Estate Investment Trust's current stock price is $52.47. Boardwalk Real Estate Investment Trust's E10 for the quarter that ended in Dec. 2023 was $2.41. Boardwalk Real Estate Investment Trust's Shiller PE Ratio of today is 21.77.

During the past 13 years, the highest Shiller PE Ratio of Boardwalk Real Estate Investment Trust was 26.47. The lowest was 2.96. And the median was 9.44.


Boardwalk Real Estate Investment Trust E10 Historical Data

The historical data trend for Boardwalk 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.

Boardwalk Real Estate Investment Trust E10 Chart

Boardwalk 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 5.13 4.17 2.79 1.75 2.41

Boardwalk Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.75 1.98 2.24 2.00 2.41

Competitive Comparison of Boardwalk Real Estate Investment Trust's E10

For the REIT - Residential subindustry, Boardwalk 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.


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

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

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



Boardwalk 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, Boardwalk Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.803/125.4675*125.4675
=2.803

Current CPI (Dec. 2023) = 125.4675.

Boardwalk Real Estate Investment Trust Quarterly Data

per share eps CPI Adj_EPS
201403 2.215 98.604 2.818
201406 1.616 99.473 2.038
201409 1.044 99.394 1.318
201412 -0.260 98.367 -0.332
201503 0.943 99.789 1.186
201506 0.412 100.500 0.514
201509 -3.038 100.421 -3.796
201512 1.232 99.947 1.547
201603 0.915 101.054 1.136
201606 0.109 102.002 0.134
201609 -0.885 101.765 -1.091
201612 -1.372 101.449 -1.697
201703 0.194 102.634 0.237
201706 1.000 103.029 1.218
201709 0.065 103.345 0.079
201712 -1.143 103.345 -1.388
201803 1.152 105.004 1.377
201806 0.930 105.557 1.105
201809 0.545 105.636 0.647
201812 0.000 105.399 0.000
201903 -0.127 106.979 -0.149
201906 1.016 107.690 1.184
201909 1.291 107.611 1.505
201912 -1.777 107.769 -2.069
202003 -0.616 107.927 -0.716
202006 -0.561 108.401 -0.649
202009 -0.597 108.164 -0.693
202012 -3.162 108.559 -3.654
202103 0.493 110.298 0.561
202106 0.892 111.720 1.002
202109 3.993 112.905 4.437
202112 2.203 113.774 2.429
202203 1.193 117.646 1.272
202206 1.203 120.806 1.249
202209 0.765 120.648 0.796
202212 0.228 120.964 0.236
202303 3.537 122.702 3.617
202306 3.824 124.203 3.863
202309 0.636 125.230 0.637
202312 2.803 125.468 2.803

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


Boardwalk Real Estate Investment Trust  (OTCPK:BOWFF) 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.

Boardwalk Real Estate Investment Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=52.47/2.41
=21.77

* 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 Boardwalk Real Estate Investment Trust was 26.47. The lowest was 2.96. And the median was 9.44.


Be Aware

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


Boardwalk Real Estate Investment Trust E10 Related Terms

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


Boardwalk Real Estate Investment Trust (Boardwalk Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
1501 - 1st Street S.W., Suite 200, First West Place, Calgary, AB, CAN, T2R 0W1
Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company's cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta. The submarkets around the cities of Calgary and Edmonton, specifically, account for the majority of Boardwalk REIT's total residential suites. The company derives substantially all of its income in the form of rental revenue from leasing its properties to tenants under short-term agreements. Boardwalk REIT's assets in Alberta contribute the majority of this revenue.