Mid-America Apartment Communities (BSP:M1AA34) E10: R$5.58 (As of Mar. 2026)

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BSP:M1AA34 Mid-America Apartment Communities Inc BSP:M1AA34
75 GF Score
Price R$176.40
GF Value R$189.65
! 6 Warning Signs
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What is Mid-America Apartment Communities E10?

Mid-America Apartment Communities BSP:M1AA34 75 E10 is R$5.58 as of Mar. 2026. GuruFocus rates BSP:M1AA34 with a GF Score™ of 75/100 and a GF Value™ of R$189.65. The stock has 6 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.

Mid-America Apartment Communities's adjusted earnings per share data for the three months ended in Mar. 2026 was R$1.386. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$5.58 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mid-America Apartment Communities's average E10 Growth Rate was -2.30% per year. During the past 3 years, the average E10 Growth Rate was 3.70% per year. During the past 5 years, the average E10 Growth Rate was 8.50% per year. During the past 10 years, the average E10 Growth Rate was 10.00% 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 Mid-America Apartment Communities was 32.00% per year. The lowest was -10.80% per year. And the median was 11.30% per year.

As of today (2026-07-21), Mid-America Apartment Communities's current stock price is R$176.40. Mid-America Apartment Communities's E10 for the quarter that ended in Mar. 2026 was R$5.58. Mid-America Apartment Communities's Shiller PE Ratio of today is 31.61.

During the past 13 years, the highest Shiller PE Ratio of Mid-America Apartment Communities was 70.41. The lowest was 29.05. And the median was 44.10.


Mid-America Apartment Communities  (BSP:M1AA34) 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.

Mid-America Apartment Communities's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=176.40/5.58
=31.61

* 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 Mid-America Apartment Communities was 70.41. The lowest was 29.05. And the median was 44.10.


Be Aware

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


Mid-America Apartment Communities E10 Related Terms


Mid-America Apartment Communities E10 Historical Data

* Premium members only.

The historical data trend for Mid-America Apartment Communities'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.

Mid-America Apartment Communities E10 Chart

Mid-America Apartment Communities 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 4.57 4.93 4.85 6.46 5.31

Mid-America Apartment Communities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.05 5.69 5.54 5.31 5.58

BSP:M1AA34 vs SUI, INVH, ESS: E10 Comparison

For the REIT - Residential subindustry, Mid-America Apartment Communities'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.


Mid-America Apartment Communities Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Mid-America Apartment Communities's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mid-America Apartment Communities's Shiller PE Ratio falls into.


BSP:M1AA34
75GF Score
Mid-America Apartment Communities Inc BSP:M1AA34
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mid-America Apartment Communities 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, Mid-America Apartment Communities's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.386/330.2130*330.2130
=1.386

Current CPI (Mar. 2026) = 330.2130.

Mid-America Apartment Communities Quarterly Data

per share eps CPI Adj_EPS
201606 0.514 241.018 0.704
201609 0.911 241.428 1.246
201612 0.369 241.432 0.505
201703 0.281 243.801 0.381
201706 0.346 244.955 0.466
201709 0.783 246.819 1.048
201712 0.890 246.524 1.192
201803 0.344 249.554 0.455
201806 0.490 251.989 0.642
201809 0.473 252.439 0.619
201812 0.515 251.233 0.677
201903 0.528 254.202 0.686
201906 0.511 256.143 0.659
201909 0.700 256.759 0.900
201912 1.334 256.974 1.714
202003 0.379 258.115 0.485
202006 0.843 257.797 1.080
202009 0.702 260.280 0.891
202012 0.926 260.474 1.174
202103 0.564 264.877 0.703
202106 2.363 271.696 2.872
202109 0.963 274.310 1.159
202112 2.262 278.802 2.679
202203 1.182 287.504 1.358
202206 2.297 296.311 2.560
202209 1.376 296.808 1.531
202212 2.190 296.797 2.437
202303 1.510 301.836 1.652
202306 1.505 305.109 1.629
202309 1.161 307.789 1.246
202312 1.678 306.746 1.806
202403 1.519 312.332 1.606
202406 1.158 314.175 1.217
202409 1.357 315.301 1.421
202412 2.166 315.605 2.266
202503 2.217 319.799 2.289
202506 1.276 322.561 1.306
202509 1.126 324.800 1.145
202512 0.655 324.054 0.667
202603 1.386 330.213 1.386

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 R$5.58 mean?
Mid-America Apartment Communities (BSP:M1AA34) has a E10 of R$5.58 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mid-America Apartment Communities and its competitors.
Is Mid-America Apartment Communities' E10 too high?
Mid-America Apartment Communities' current E10 is R$5.58. Overall, Mid-America Apartment Communities has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Mid-America Apartment Communities' E10 compare to SUI and INVH?
Mid-America Apartment Communities' E10 of R$5.58 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 Mid-America Apartment Communities and its competitors. Mid-America Apartment Communities's current E10 is R$5.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mid-America Apartment Communities stock overvalued right now?
Mid-America Apartment Communities (BSP:M1AA34) has a current E10 of R$5.58. The stock's GF Value™ is R$189.65, compared to a current price of R$176.40 — trading 7% below its estimated fair value. The current E10 is R$5.58. Mid-America Apartment Communities' overall GF Score™ is 75/100 with 6 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 Mid-America Apartment Communities (BSP:M1AA34), the current E10 is R$5.58 as of Mar. 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 Mid-America Apartment Communities (BSP:M1AA34) Overvalued in 2026?

Based on GuruFocus' analysis, Mid-America Apartment Communities stock appears to be undervalued. The current stock price of R$176.40 is trading 7% below its estimated GF Value™ of R$189.65.

Key valuation signals for BSP:M1AA34:

  • E10: R$5.58
  • GF Value™: R$189.65 vs. price of R$176.40 (7% below fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the BSP:M1AA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mid-America Apartment Communities Business Description

Industry Real EstateREITs
Address 6815 Poplar Avenue, Suite 500, Germantown, TN, USA, 38138
Mid-America Apartment Communities Inc is a multifamily-focused, self-administered and self-managed real estate investment trust. The company owns, operates, acquires and selectively develops apartment communities located in the Southeast, Southwest and Mid-Atlantic regions of the U.S. Its business objectives are to generate a sustainable, stable and increasing cash flow that will fund its dividends and distributions through all parts of the real estate investment cycle. It operates in two segments, Same Store and Non-Same Store and Other. The majority of the revenue is derived from Same Store segment.
75GF Score

Get the complete analysis for BSP:M1AA34

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

R$176.40
Price
R$189.65
GF Value