Prologis (BSP:P1LD34) E10: R$1.65 (As of Mar. 2026)


BSP:P1LD34 Prologis Inc BSP:P1LD34
86 GF Score
Price R$59.88
GF Value R$56.68
Valuation Fairly Valued
! 10 Warning Signs
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What is Prologis E10?

Prologis BSP:P1LD34 -0.91% 86 E10 is R$1.65 as of Mar. 2026. GuruFocus rates BSP:P1LD34 with a GF Score™ of 86/100 and a GF Value™ of R$56.68 (Fairly Valued). The stock has 10 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.

Prologis's adjusted earnings per share data for the three months ended in Mar. 2026 was R$0.458. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.65 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Prologis's average E10 Growth Rate was 9.10% per year. During the past 3 years, the average E10 Growth Rate was 8.80% per year. During the past 5 years, the average E10 Growth Rate was 16.80% per year. During the past 10 years, the average E10 Growth Rate was 63.40% 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 Prologis was 335.30% per year. The lowest was -59.00% per year. And the median was -5.20% per year.

As of today (2026-06-29), Prologis's current stock price is R$59.88. Prologis's E10 for the quarter that ended in Mar. 2026 was R$1.65. Prologis's Shiller PE Ratio of today is 36.29.

During the past 13 years, the highest Shiller PE Ratio of Prologis was 3389.50. The lowest was 27.49. And the median was 67.19.


Prologis  (BSP:P1LD34) 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.

Prologis's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=59.88/1.65
=36.29

* 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 Prologis was 3389.50. The lowest was 27.49. And the median was 67.19.


Be Aware

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


Prologis E10 Related Terms


Prologis E10 Historical Data

* Premium members only.

The historical data trend for Prologis'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.

Prologis E10 Chart

Prologis 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 1.04 1.29 1.27 1.78 1.71

Prologis 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 1.67 1.60 1.57 1.71 1.65

BSP:P1LD34 vs PSA, EXR, EGP: E10 Comparison

For the REIT - Industrial subindustry, Prologis'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.


Prologis Shiller PE Ratio vs REITs Industry

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

* The bar in red indicates where Prologis's Shiller PE Ratio falls into.


BSP:P1LD34
86GF Score
Prologis Inc BSP:P1LD34
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prologis 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, Prologis'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)
=0.458/330.2130*330.2130
=0.458

Current CPI (Mar. 2026) = 330.2130.

Prologis Quarterly Data

per share eps CPI Adj_EPS
201606 0.148 241.018 0.203
201609 0.141 241.428 0.193
201612 0.232 241.432 0.317
201703 0.099 243.801 0.134
201706 0.137 244.955 0.185
201709 0.425 246.819 0.569
201712 0.151 246.524 0.202
201803 0.186 249.554 0.246
201806 0.195 251.989 0.256
201809 0.205 252.439 0.268
201812 0.304 251.233 0.400
201903 0.176 254.202 0.229
201906 0.193 256.143 0.249
201909 0.244 256.759 0.314
201912 0.205 256.974 0.263
202003 0.285 258.115 0.365
202006 0.233 257.797 0.298
202009 0.180 260.280 0.228
202012 0.159 260.474 0.202
202103 0.230 264.877 0.287
202106 0.339 271.696 0.412
202109 0.427 274.310 0.514
202112 0.787 278.802 0.932
202203 0.639 287.504 0.734
202206 0.345 296.311 0.384
202209 0.594 296.808 0.661
202212 0.275 296.797 0.306
202303 0.217 301.836 0.237
202306 0.530 305.109 0.574
202309 0.329 307.789 0.353
202312 0.278 306.746 0.299
202403 0.261 312.332 0.276
202406 0.413 314.175 0.434
202409 0.498 315.301 0.522
202412 0.702 315.605 0.734
202503 0.302 319.799 0.312
202506 0.282 322.561 0.289
202509 0.366 324.800 0.372
202512 0.682 324.054 0.695
202603 0.458 330.213 0.458

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$1.65 mean?
Prologis (BSP:P1LD34) has a E10 of R$1.65 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Prologis and its competitors.
Is Prologis' E10 too high?
Prologis' current E10 is R$1.65. Overall, Prologis has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Prologis' E10 compare to PSA and EXR?
Prologis' E10 of R$1.65 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 Prologis and its competitors. Prologis's current E10 is R$1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prologis stock overvalued right now?
Based on GuruFocus' analysis, Prologis (BSP:P1LD34) is currently considered Fairly Valued. The stock's GF Value™ is R$56.68, compared to a current price of R$59.88 — trading 5.6% above its estimated fair value. The current E10 is R$1.65. Prologis' overall GF Score™ is 86/100 with 10 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 Prologis (BSP:P1LD34), the current E10 is R$1.65 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 Prologis (BSP:P1LD34) Overvalued in 2026?

Based on GuruFocus' analysis, Prologis stock appears to be overvalued. The current stock price of R$59.88 is trading 5.6% above its estimated GF Value™ of R$56.68. GuruFocus considers Prologis to be Fairly Valued.

Key valuation signals for BSP:P1LD34:

  • E10: R$1.65
  • GF Value™: R$56.68 vs. price of R$59.88 (5.6% above fair value)
  • GF Score™: 86/100 with 10 warning signs

No single metric tells the full story. See the BSP:P1LD34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Prologis Business Description

Industry Real EstateREITs
Address Pier 1, Bay 1, San Francisco, CA, USA, 94111
Prologis was formed by the 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1.3 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment that has around $60 billion of third-party assets under management. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.
86GF Score

Get the complete analysis for BSP:P1LD34

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

R$59.88
Price
R$56.68
GF Value