BOWFF (Boardwalk Real Estate Investment Trust) E10: $2.80 (As of Jun. 2026)

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BOWFF Boardwalk Real Estate Investment Trust BOWFF
72 GF Score
Price $47.06
GF Value $51.78
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Boardwalk Real Estate Investment Trust E10?

Boardwalk Real Estate Investment Trust BOWFF 72 E10 is $2.80 as of Jun. 2026. GuruFocus rates BOWFF with a GF Score™ of 72/100 and a GF Value™ of $51.78 (Fairly Valued). The stock has 5 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.

Boardwalk Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Jun. 2026 was $-0.207. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.80 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Boardwalk Real Estate Investment Trust's average E10 Growth Rate was 3.40% per year. During the past 3 years, the average E10 Growth Rate was 20.00% per year. During the past 5 years, the average E10 Growth Rate was -2.80% 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 4.20% per year.

As of today (2026-08-20), Boardwalk Real Estate Investment Trust's current stock price is $47.06. Boardwalk Real Estate Investment Trust's E10 for the quarter that ended in Jun. 2026 was $2.80. Boardwalk Real Estate Investment Trust's Shiller PE Ratio of today is 16.81.

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 13.99.


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
=47.06/2.80
=16.81

* 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 13.99.


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


Boardwalk Real Estate Investment Trust E10 Historical Data

* Premium members only.

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.

Boardwalk Real Estate Investment Trust E10 Chart

Boardwalk Real Estate Investment 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 2.79 1.75 2.40 2.46 2.99

Boardwalk Real Estate Investment Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.81 3.20 2.99 2.87 2.80

BOWFF vs AVB, EQR, ESS: E10 Comparison

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 Shiller PE Ratio vs 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.


BOWFF
72GF Score
Boardwalk Real Estate Investment Trust BOWFF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.207/133.5265*133.5265
=-0.207

Current CPI (Jun. 2026) = 133.5265.

Boardwalk Real Estate Investment Trust Quarterly Data

per share eps CPI Adj_EPS
201609 -0.885 101.765 -1.161
201612 -1.372 101.449 -1.806
201703 0.194 102.634 0.252
201706 1.000 103.029 1.296
201709 0.065 103.345 0.084
201712 -1.143 103.345 -1.477
201803 1.152 105.004 1.465
201806 0.930 105.557 1.176
201809 0.545 105.636 0.689
201812 0.000 105.399 0.000
201903 -0.127 106.979 -0.159
201906 1.016 107.690 1.260
201909 1.291 107.611 1.602
201912 -1.777 107.769 -2.202
202003 -0.616 107.927 -0.762
202006 -0.561 108.401 -0.691
202009 -0.597 108.164 -0.737
202012 -3.162 108.559 -3.889
202103 0.493 110.298 0.597
202106 0.892 111.720 1.066
202109 3.993 112.905 4.722
202112 2.203 113.774 2.585
202203 1.193 117.646 1.354
202206 1.203 120.806 1.330
202209 0.765 120.648 0.847
202212 0.228 120.964 0.252
202303 3.537 122.702 3.849
202306 3.824 124.203 4.111
202309 0.636 125.230 0.678
202312 2.803 125.072 2.992
202403 4.603 126.258 4.868
202406 1.700 127.522 1.780
202409 0.827 127.285 0.868
202412 -0.112 127.364 -0.117
202503 1.902 129.181 1.966
202506 1.141 129.892 1.173
202509 0.477 130.287 0.489
202512 -0.877 130.366 -0.898
202603 -0.146 132.262 -0.147
202606 -0.207 133.527 -0.207

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 $2.80 mean?
Boardwalk Real Estate Investment Trust (BOWFF) has a E10 of $2.80 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Boardwalk Real Estate Investment Trust and its competitors.
Is Boardwalk Real Estate Investment Trust's E10 too high?
Boardwalk Real Estate Investment Trust's current E10 is $2.80. Overall, Boardwalk Real Estate Investment Trust has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Boardwalk Real Estate Investment Trust's E10 compare to AVB and EQR?
Boardwalk Real Estate Investment Trust's E10 of $2.80 can be compared against companies in the REITs 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 REITs company?
A good E10 depends on the REITs 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 Boardwalk Real Estate Investment Trust and its competitors. Boardwalk Real Estate Investment Trust's current E10 is $2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boardwalk Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Boardwalk Real Estate Investment Trust (BOWFF) is currently considered Fairly Valued. The stock's GF Value™ is $51.78, compared to a current price of $47.06 — trading 9.1% below its estimated fair value. The current E10 is $2.80. Boardwalk Real Estate Investment Trust's overall GF Score™ is 72/100 with 5 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 Boardwalk Real Estate Investment Trust (BOWFF), the current E10 is $2.80 as of Jun. 2026. 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 Boardwalk Real Estate Investment Trust (BOWFF) Overvalued in 2026?

Based on GuruFocus' analysis, Boardwalk Real Estate Investment Trust stock appears to be undervalued. The current stock price of $47.06 is trading 9.1% below its estimated GF Value™ of $51.78. GuruFocus considers Boardwalk Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for BOWFF:

  • E10: $2.80
  • GF Value™: $51.78 vs. price of $47.06 (9.1% below fair value)
  • GF Score™: 72/100 with 5 warning signs

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


Boardwalk Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges BEI.UN:Canada
Address 1501 - 1st Street S.W, Suite 200, First West Place, Calgary, AB, CAN, T2R 0W1
Boardwalk Real Estate Investment Trust is a fully integrated, Resident Member/customer-oriented real estate investment trust focused on and specializing in the acquisition, refurbishment, management, ownership and development of affordable multi-family residential communities. It looks to acquire, develop, own and manage quality rental communities concentrated in attractive growth markets. Boardwalk owned over 200 properties containing 34,405 residential suites in British Columbia, Alberta, Saskatchewan, Ontario, and Quebec, representing over 29 million net rentable square feet.
72GF Score

Get the complete analysis for BOWFF

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

$47.06
Price
$51.78
GF Value