CTO (CTO Realty Growth) E10: $2.60 (As of Mar. 2026)


CTO CTO Realty Growth Inc CTO
73 GF Score
Price $21.74
GF Value $18.50
Valuation Modestly Overvalued
! 12 Warning Signs
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What is CTO Realty Growth E10?

CTO Realty Growth CTO +2.84% 73 E10 is $2.60 as of Mar. 2026. GuruFocus rates CTO with a GF Score™ of 73/100 and a GF Value™ of $18.50 (Modestly Overvalued). The stock has 12 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.

CTO Realty Growth's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.60 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CTO Realty Growth's average E10 Growth Rate was 1.20% per year. During the past 3 years, the average E10 Growth Rate was 0.80% per year. During the past 5 years, the average E10 Growth Rate was 4.20% per year. During the past 10 years, the average E10 Growth Rate was 28.30% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of CTO Realty Growth was 68.70% per year. The lowest was -15.10% per year. And the median was 10.30% per year.

As of today (2026-06-27), CTO Realty Growth's current stock price is $21.74. CTO Realty Growth's E10 for the quarter that ended in Mar. 2026 was $2.60. CTO Realty Growth's Shiller PE Ratio of today is 8.36.

During the past 13 years, the highest Shiller PE Ratio of CTO Realty Growth was 62.11. The lowest was 6.06. And the median was 8.66.


CTO Realty Growth  (NYSE:CTO) 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.

CTO Realty Growth's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=21.74/2.60
=8.36

* 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 CTO Realty Growth was 62.11. The lowest was 6.06. And the median was 8.66.


Be Aware

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


CTO Realty Growth E10 Related Terms


CTO Realty Growth E10 Historical Data

* Premium members only.

The historical data trend for CTO Realty Growth'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.

CTO Realty Growth E10 Chart

CTO Realty Growth 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 2.35 2.49 2.55 2.54 2.55

CTO Realty Growth 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 2.57 2.51 2.52 2.55 2.60

CTO vs GOOD, JBGS, AHRT: E10 Comparison

For the REIT - Diversified subindustry, CTO Realty Growth'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.


CTO Realty Growth Shiller PE Ratio vs REITs Industry

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

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


CTO
73GF Score
CTO Realty Growth Inc CTO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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CTO Realty Growth 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, CTO Realty Growth'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)
=0.13/330.2130*330.2130
=0.130

Current CPI (Mar. 2026) = 330.2130.

CTO Realty Growth Quarterly Data

per share eps CPI Adj_EPS
201606 0.093 241.018 0.127
201609 0.480 241.428 0.657
201612 0.300 241.432 0.410
201703 0.757 243.801 1.025
201706 0.220 244.955 0.297
201709 0.060 246.819 0.080
201712 1.460 246.524 1.956
201803 0.653 249.554 0.864
201806 0.853 251.989 1.118
201809 0.017 252.439 0.022
201812 0.723 251.233 0.950
201903 0.403 254.202 0.524
201906 0.713 256.143 0.919
201909 0.103 256.759 0.132
201912 6.443 256.974 8.279
202003 -0.867 258.115 -1.109
202006 0.903 257.797 1.157
202009 -0.110 260.280 -0.140
202012 5.533 260.474 7.014
202103 0.440 264.877 0.549
202106 -0.210 271.696 -0.255
202109 1.290 274.310 1.553
202112 0.043 278.802 0.051
202203 -0.060 287.504 -0.069
202206 0.001 296.311 0.001
202209 0.190 296.808 0.211
202212 -0.210 296.797 -0.234
202303 -0.320 301.836 -0.350
202306 0.030 305.109 0.032
202309 0.070 307.789 0.075
202312 0.260 306.746 0.280
202403 0.200 312.332 0.211
202406 -0.030 314.175 -0.032
202409 0.170 315.301 0.178
202412 -0.700 315.605 -0.732
202503 0.010 319.799 0.010
202506 -0.773 322.561 -0.791
202509 0.030 324.800 0.030
202512 0.820 324.054 0.836
202603 0.130 330.213 0.130

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 $2.60 mean?
CTO Realty Growth (CTO) has a E10 of $2.60 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CTO Realty Growth and its competitors.
Is CTO Realty Growth's E10 too high?
CTO Realty Growth's current E10 is $2.60. Overall, CTO Realty Growth has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CTO Realty Growth's E10 compare to GOOD and JBGS?
CTO Realty Growth's E10 of $2.60 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 CTO Realty Growth and its competitors. CTO Realty Growth's current E10 is $2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTO Realty Growth stock overvalued right now?
Based on GuruFocus' analysis, CTO Realty Growth (CTO) is currently considered Modestly Overvalued. The stock's GF Value™ is $18.50, compared to a current price of $21.74 — trading 17.5% above its estimated fair value. The current E10 is $2.60. CTO Realty Growth's overall GF Score™ is 73/100 with 12 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 CTO Realty Growth (CTO), the current E10 is $2.60 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 CTO Realty Growth (CTO) Overvalued in 2026?

Based on GuruFocus' analysis, CTO Realty Growth stock appears to be overvalued. The current stock price of $21.74 is trading 17.5% above its estimated GF Value™ of $18.50. GuruFocus considers CTO Realty Growth to be Modestly Overvalued.

Key valuation signals for CTO:

  • E10: $2.60
  • GF Value™: $18.50 vs. price of $21.74 (17.5% above fair value)
  • GF Score™: 73/100 with 12 warning signs

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


CTO Realty Growth Business Description

Industry Real EstateREITs
Other Exchanges 8QB0:Germany
Address 369 N. New York Avenue, Suite 201, Winter Park, FL, USA, 32789
CTO Realty Growth Inc is a real estate investment trust company, that owns income properties in diversified markets in the United States. The company operates in four primary business segments: Income properties, management services, commercial loans and investments, and real estate operations. It derives maximum revenue from Income Properties.
73GF Score

Get the complete analysis for CTO

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

$21.74
Price
$18.50
GF Value