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DEI (Douglas Emmett) E10 : $0.68 (As of Mar. 2025)


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What is Douglas Emmett 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.

Douglas Emmett's adjusted earnings per share data for the three months ended in Mar. 2025 was $0.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.68 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Douglas Emmett's average E10 Growth Rate was 1.50% per year. During the past 3 years, the average E10 Growth Rate was 1.00% per year. During the past 5 years, the average E10 Growth Rate was 5.40% 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 Douglas Emmett was 78.30% per year. The lowest was 1.00% per year. And the median was 22.50% per year.

As of today (2025-06-16), Douglas Emmett's current stock price is $15.17. Douglas Emmett's E10 for the quarter that ended in Mar. 2025 was $0.68. Douglas Emmett's Shiller PE Ratio of today is 22.31.

During the past 13 years, the highest Shiller PE Ratio of Douglas Emmett was 3045.00. The lowest was 15.08. And the median was 54.78.


Douglas Emmett E10 Historical Data

The historical data trend for Douglas Emmett'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.

Douglas Emmett E10 Chart

Douglas Emmett 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 0.58 0.64 0.71 0.67 0.66

Douglas Emmett 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 0.67 0.67 0.67 0.66 0.68

Competitive Comparison of Douglas Emmett's E10

For the REIT - Office subindustry, Douglas Emmett'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.


Douglas Emmett's Shiller PE Ratio Distribution in the REITs Industry

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

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


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Douglas Emmett 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, Douglas Emmett'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)
=0.24/134.9266*134.9266
=0.240

Current CPI (Mar. 2025) = 134.9266.

Douglas Emmett Quarterly Data

per share eps CPI Adj_EPS
201506 0.089 100.684 0.119
201509 0.080 100.392 0.108
201512 0.093 99.792 0.126
201603 0.101 100.470 0.136
201606 0.120 101.688 0.159
201609 0.206 101.861 0.273
201612 0.127 101.863 0.168
201703 0.120 102.862 0.157
201706 0.130 103.349 0.170
201709 0.150 104.136 0.194
201712 0.170 104.011 0.221
201803 0.170 105.290 0.218
201806 0.190 106.317 0.241
201809 0.180 106.507 0.228
201812 0.150 105.998 0.191
201903 0.170 107.251 0.214
201906 0.200 108.070 0.250
201909 0.130 108.329 0.162
201912 1.580 108.420 1.966
202003 0.150 108.902 0.186
202006 0.010 108.767 0.012
202009 0.020 109.815 0.025
202012 0.100 109.897 0.123
202103 0.060 111.754 0.072
202106 0.090 114.631 0.106
202109 0.100 115.734 0.117
202112 0.110 117.630 0.126
202203 0.140 121.301 0.156
202206 0.140 125.017 0.151
202209 0.130 125.227 0.140
202212 0.140 125.222 0.151
202303 0.100 127.348 0.106
202306 -0.040 128.729 -0.042
202309 -0.080 129.860 -0.083
202312 -0.240 129.419 -0.250
202403 0.050 131.776 0.051
202406 0.060 132.554 0.061
202409 0.030 133.029 0.030
202412 -0.010 133.157 -0.010
202503 0.240 134.927 0.240

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


Douglas Emmett  (NYSE:DEI) 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.

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

Shiller PE Ratio=Share Price/E10
=15.17/0.68
=22.31

* 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 Douglas Emmett was 3045.00. The lowest was 15.08. And the median was 54.78.


Be Aware

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


Douglas Emmett E10 Related Terms

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


Douglas Emmett Business Description

Traded in Other Exchanges
Address
1299 Ocean Avenue, Suite 1000, Santa Monica, CA, USA, 90401
Douglas Emmett Inc is an integrated, self-administered, and self-managed REIT. It is an owner and operator of office and multifamily properties located in coastal submarkets in Los Angeles and Honolulu. The group focuses on owning, acquiring, developing, and managing a substantial market share of office properties and multifamily communities in neighborhoods with supply constraints, high-end executive housing, and key lifestyle amenities. Its properties are located in the Beverly Hills, Brentwood, Burbank, Century City, Olympic Corridor, Santa Monica, Sherman Oaks/Encino, Warner Center/Woodland Hills and Westwood submarkets of Los Angeles County, California, and in Honolulu, Hawaii. It has two business segments, the office segment and the multifamily segment.
Executives
Simon William E Jr director 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Michele L Aronson officer: EVP, GEN COUNSEL & SECY 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Shirley Wang director DOUGLAS EMMETT, INC., 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Jordan L Kaplan director, officer: Chief Exec Officer, President 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
David T Feinberg director 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Leslie E Bider director 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Ray C Leonard director DOUGLAS EMMETT, INC., 1299 OCEAN AVENUNE, SUITE 1000, SANTA MONICA CA 90401
Virginia Mcferran director 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Peter Seymour officer: Chief Financial Officer 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Kevin Andrew Crummy officer: Chief Investment Officer 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Kenneth M Panzer director, officer: Chief Operating Officer 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
O Hern Thomas E director THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Johnese Spisso director 4500 DORR STREET, TOLEDO OH 43615
Dan A Emmett director, officer: Chairman of the Board 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Dorene Dominguez director C/O CIT GROUP INC, GENERAL COUNSEL, 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039