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Fundo Investimento Imobiliario SC 401 (BSP:FISC11) E10 : R$203.92 (As of Dec. 2024)


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What is Fundo Investimento Imobiliario SC 401 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.

Fundo Investimento Imobiliario SC 401's adjusted earnings per share data for the fiscal year that ended in Dec. 2024 was R$-1.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$203.92 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Fundo Investimento Imobiliario SC 401's average E10 Growth Rate was 16.30% 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.

As of today (2025-06-15), Fundo Investimento Imobiliario SC 401's current stock price is R$ 67.00. Fundo Investimento Imobiliario SC 401's E10 for the fiscal year that ended in Dec. 2024 was R$203.92. Fundo Investimento Imobiliario SC 401's Shiller PE Ratio of today is 0.33.

During the past 12 years, the highest Shiller PE Ratio of Fundo Investimento Imobiliario SC 401 was 0.89. The lowest was 0.29. And the median was 0.42.


Fundo Investimento Imobiliario SC 401 E10 Historical Data

The historical data trend for Fundo Investimento Imobiliario SC 401'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.

Fundo Investimento Imobiliario SC 401 E10 Chart

Fundo Investimento Imobiliario SC 401 Annual Data
Trend Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 185.15 175.33 203.92

Fundo Investimento Imobiliario SC 401 Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 185.15 175.33 203.92

Competitive Comparison of Fundo Investimento Imobiliario SC 401's E10

For the REIT - Diversified subindustry, Fundo Investimento Imobiliario SC 401'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.


Fundo Investimento Imobiliario SC 401's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo Investimento Imobiliario SC 401's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fundo Investimento Imobiliario SC 401's Shiller PE Ratio falls into.


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Fundo Investimento Imobiliario SC 401 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, Fundo Investimento Imobiliario SC 401's adjusted earnings per share data for the fiscal year that ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-1.26/164.7402*164.7402
=-1.260

Current CPI (Dec. 2024) = 164.7402.

Fundo Investimento Imobiliario SC 401 Annual Data

per_share_eps CPI Adj_EPS
201412 -67.500 94.194 -118.054
201512 -21.700 104.247 -34.292
201712 839.301 114.068 1,212.144
201812 573.940 118.340 798.975
201912 158.707 123.436 211.813
202012 0.760 129.012 0.970
202112 -37.120 141.992 -43.067
202212 1.440 150.207 1.579
202312 9.890 157.148 10.368
202412 -1.260 164.740 -1.260

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


Fundo Investimento Imobiliario SC 401  (BSP:FISC11) 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.

Fundo Investimento Imobiliario SC 401's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=67.00/203.92
=0.33

* 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 12 years, the highest Shiller P/E Ratio of Fundo Investimento Imobiliario SC 401 was 0.89. The lowest was 0.29. And the median was 0.42.


Be Aware

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


Fundo Investimento Imobiliario SC 401 E10 Related Terms

Thank you for viewing the detailed overview of Fundo Investimento Imobiliario SC 401's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Fundo Investimento Imobiliario SC 401 Business Description

Traded in Other Exchanges
N/A
Address
Dr. Jose Montaury Street, 139 - 7th Floor, Porto Alegre, RS, BRA, CEP 90010-090
Fundo Investimento Imobiliario SC 401 is a structured fund operated by UNITS BR-CAPITAL. The fund owns stores and office complexes for the lease of Square SC, a multipurpose development located in Florianopolis/SC, and Mall W Tower, a mall located in Caxias do Sul/RS. The fund owns stores and corporate offices in Square SC, in addition to owning the rotating parking lot and owns stores in the Mall W Tower and the rotating parking in the Mall.

Fundo Investimento Imobiliario SC 401 Headlines

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