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Emaar Properties PJSC (DFM:EMAAR) E10 : د.إ0.99 (As of Dec. 2024)


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What is Emaar Properties PJSC 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.

Emaar Properties PJSC's adjusted earnings per share data for the three months ended in Dec. 2024 was د.إ0.570. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is د.إ0.99 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Emaar Properties PJSC's average E10 Growth Rate was 13.80% per year. During the past 3 years, the average E10 Growth Rate was 13.30% 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 Emaar Properties PJSC was 13.30% per year. The lowest was 8.20% per year. And the median was 10.10% per year.

As of today (2025-04-05), Emaar Properties PJSC's current stock price is د.إ11.85. Emaar Properties PJSC's E10 for the quarter that ended in Dec. 2024 was د.إ0.99. Emaar Properties PJSC's Shiller PE Ratio of today is 11.97.

During the past 13 years, the highest Shiller PE Ratio of Emaar Properties PJSC was 14.29. The lowest was 3.63. And the median was 8.33.


Emaar Properties PJSC E10 Historical Data

The historical data trend for Emaar Properties PJSC'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.

Emaar Properties PJSC E10 Chart

Emaar Properties PJSC 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 - 0.68 0.76 0.87 0.99

Emaar Properties PJSC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.87 0.91 0.92 0.95 0.99

Competitive Comparison of Emaar Properties PJSC's E10

For the Real Estate - Development subindustry, Emaar Properties PJSC'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.


Emaar Properties PJSC's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Emaar Properties PJSC's Shiller PE Ratio falls into.


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Emaar Properties PJSC 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, Emaar Properties PJSC's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.57/133.1571*133.1571
=0.570

Current CPI (Dec. 2024) = 133.1571.

Emaar Properties PJSC Quarterly Data

per share eps CPI Adj_EPS
201503 0.140 99.621 0.187
201506 0.160 100.684 0.212
201509 0.120 100.392 0.159
201512 0.140 99.792 0.187
201603 0.170 100.470 0.225
201606 0.180 101.688 0.236
201609 0.160 101.861 0.209
201612 0.250 101.863 0.327
201703 0.190 102.862 0.246
201706 0.200 103.349 0.258
201709 0.220 104.136 0.281
201712 0.198 104.011 0.253
201803 0.230 105.290 0.291
201806 0.220 106.317 0.276
201809 0.150 106.507 0.188
201812 0.250 105.998 0.314
201903 0.240 107.251 0.298
201906 0.190 108.070 0.234
201909 0.190 108.329 0.234
201912 0.250 108.420 0.307
202003 0.090 108.902 0.110
202006 0.150 108.767 0.184
202009 0.050 109.815 0.061
202012 0.000 109.897 0.000
202103 0.090 111.754 0.107
202106 0.140 114.631 0.163
202109 0.140 115.734 0.161
202112 0.149 117.630 0.169
202203 0.270 121.301 0.296
202206 0.250 125.017 0.266
202209 0.180 125.227 0.191
202212 0.118 125.222 0.125
202303 0.360 127.348 0.376
202306 0.200 128.729 0.207
202309 0.370 129.860 0.379
202312 0.390 129.419 0.401
202403 0.330 131.776 0.333
202406 0.270 132.554 0.271
202409 0.360 133.029 0.360
202412 0.570 133.157 0.570

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


Emaar Properties PJSC  (DFM:EMAAR) 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.

Emaar Properties PJSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.85/0.99
=11.97

* 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 Emaar Properties PJSC was 14.29. The lowest was 3.63. And the median was 8.33.


Be Aware

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


Emaar Properties PJSC E10 Related Terms

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


Emaar Properties PJSC Business Description

Traded in Other Exchanges
N/A
Address
Emaar Business Park Building 1, Level 7, P.O. Box 9440, Dubai Hills Estate, Dubai, ARE
Emaar Properties PJSC is a general real estate company. The company is organized into three segments: leasing, retail and related activities, real estate, and hospitality. The principal activities of the Group are property investment, development and development management, shopping malls and retail, hospitality, property management and utility services, and investment in providers of financial services. The majority of revenue is derived from its real estate segment. Emaar's operations are mainly in the United Arab Emirates. Its property developments include the Burj Khalifa, the Dubai Malls, and others.

Emaar Properties PJSC Headlines

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