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CLPR (Clipper Realty) E10 : $-0.39 (As of Mar. 2025)


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What is Clipper Realty 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.

Clipper Realty's adjusted earnings per share data for the three months ended in Mar. 2025 was $-0.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.39 for the trailing ten years ended in Mar. 2025.

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 (2025-07-07), Clipper Realty's current stock price is $3.87. Clipper Realty's E10 for the quarter that ended in Mar. 2025 was $-0.39. Clipper Realty's Shiller PE Ratio of today is .


Clipper Realty E10 Historical Data

The historical data trend for Clipper Realty'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.

Clipper Realty E10 Chart

Clipper Realty Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Clipper Realty Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -0.39

Competitive Comparison of Clipper Realty's E10

For the REIT - Residential subindustry, Clipper Realty'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.


Clipper Realty's Shiller PE Ratio Distribution in the REITs Industry

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

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


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Clipper Realty 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, Clipper Realty's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.86/134.9266*134.9266
=-0.860

Current CPI (Mar. 2025) = 134.9266.

Clipper Realty Quarterly Data

per share eps CPI Adj_EPS
201412 0.000 99.070 0.000
201509 0.128 100.392 0.172
201512 -0.042 99.792 -0.057
201603 -0.055 100.470 -0.074
201606 -0.059 101.688 -0.078
201609 -0.044 101.861 -0.058
201612 -0.053 101.863 -0.070
201703 -0.030 102.862 -0.039
201706 -0.040 103.349 -0.052
201709 -0.040 104.136 -0.052
201712 -0.040 104.011 -0.052
201803 -0.210 105.290 -0.269
201806 0.003 106.317 0.004
201809 0.020 106.507 0.025
201812 -0.040 105.998 -0.051
201903 -0.010 107.251 -0.013
201906 -0.030 108.070 -0.037
201909 -0.010 108.329 -0.012
201912 -0.060 108.420 -0.075
202003 -0.010 108.902 -0.012
202006 -0.120 108.767 -0.149
202009 -0.080 109.815 -0.098
202012 -0.100 109.897 -0.123
202103 -0.180 111.754 -0.217
202106 -0.090 114.631 -0.106
202109 -0.090 115.734 -0.105
202112 -0.160 117.630 -0.184
202203 -0.090 121.301 -0.100
202206 -0.080 125.017 -0.086
202209 -0.080 125.227 -0.086
202212 -0.100 125.222 -0.108
202303 -0.190 127.348 -0.201
202306 -0.100 128.729 -0.105
202309 -0.090 129.860 -0.094
202312 -0.090 129.419 -0.094
202403 -0.090 131.776 -0.092
202406 -0.060 132.554 -0.061
202409 -0.050 133.029 -0.051
202412 -0.050 133.157 -0.051
202503 -0.860 134.927 -0.860

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


Clipper Realty  (NYSE:CLPR) 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.


Be Aware

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


Clipper Realty E10 Related Terms

Thank you for viewing the detailed overview of Clipper Realty's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Clipper Realty Business Description

Traded in Other Exchanges
N/A
Address
4611 12th Avenue, Suite 1L, Brooklyn, NY, USA, 11219
Clipper Realty Inc is a self-administered and self-managed real estate company. It acquires, owns, manages, operates, and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. It has classified its reporting segments into Residential Rental Properties and Commercial Rental Properties. The company derives its revenue mostly from the Residential segment.
Executives
Howard M Lorber director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Harmon Spolan director OOZEN O CONNOR, 1900 MARKET ST 4TH FL, PHILADELPHIA PA 19103
Sam Levinson director, 10 percent owner 9190 PRIORITY WAY WEST DRIVE, SUITE 300, INDIANAPOLIS IN 46240
David Bistricer director, 10 percent owner, officer: Co-Chairman and CEO PO BOX 407, BROOKLIN NY 11219
Michael Charles Frenz officer: Chief Financial Officer C/O CLIPPER REALTY INC, 4611 12TH AVENUE, SUITE 1L, BROOKLYN NY 11219
Roberto Angelo Verrone director 200 HIGHLAND AVENUE, SHORT HILLS NJ 07078
Robert Jay Ivanhoe director GREENBERG TRAURIG, LLP, 200 PARK AVENUE, NEW YORK NY 10166
Richard N Burger director P.O. BOX 28543, SCOTTSDALE AZ 85255
Lawrence E Kreider officer: Chief Financial Officer 600 GRANT STREET, SUITE 900, DENVER CO 80203
Jacob Bistricer officer: Chief Operating Officer 4611 12TH AVENUE, SUITE 1L, BROOKLYN NY 11219
Jacob Schwimmer officer: Chief PM Offcier 1738 47TH STREET, BROOKLYN NY 11204