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Diversified Healthcare Trust (Diversified Healthcare Trust) E10 : $0.31 (As of Dec. 2023)


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What is Diversified Healthcare Trust 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.

Diversified Healthcare Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.31 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Diversified Healthcare Trust's average E10 Growth Rate was -40.40% per year. During the past 3 years, the average E10 Growth Rate was -19.80% per year. During the past 5 years, the average E10 Growth Rate was -16.60% per year. During the past 10 years, the average E10 Growth Rate was -9.30% 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 Diversified Healthcare Trust was 1.40% per year. The lowest was -19.80% per year. And the median was -4.20% per year.

As of today (2024-05-01), Diversified Healthcare Trust's current stock price is $2.325. Diversified Healthcare Trust's E10 for the quarter that ended in Dec. 2023 was $0.31. Diversified Healthcare Trust's Shiller PE Ratio of today is 7.50.

During the past 13 years, the highest Shiller PE Ratio of Diversified Healthcare Trust was 27.92. The lowest was 1.12. And the median was 14.38.


Diversified Healthcare Trust E10 Historical Data

The historical data trend for Diversified Healthcare Trust'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.

Diversified Healthcare Trust E10 Chart

Diversified Healthcare Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.60 0.59 0.52 0.31

Diversified Healthcare Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.52 0.49 0.46 0.41 0.31

Competitive Comparison of Diversified Healthcare Trust's E10

For the REIT - Healthcare Facilities subindustry, Diversified Healthcare Trust'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.


Diversified Healthcare Trust's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Diversified Healthcare Trust's Shiller PE Ratio falls into.



Diversified Healthcare Trust 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, Diversified Healthcare Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.43/129.4194*129.4194
=-0.430

Current CPI (Dec. 2023) = 129.4194.

Diversified Healthcare Trust Quarterly Data

per share eps CPI Adj_EPS
201403 0.210 99.695 0.273
201406 0.190 100.560 0.245
201409 0.180 100.428 0.232
201412 0.220 99.070 0.287
201503 0.180 99.621 0.234
201506 0.150 100.684 0.193
201509 0.160 100.392 0.206
201512 0.040 99.792 0.052
201603 0.130 100.470 0.167
201606 0.170 101.688 0.216
201609 0.120 101.861 0.152
201612 0.180 101.863 0.229
201703 0.140 102.862 0.176
201706 0.070 103.349 0.088
201709 0.140 104.136 0.174
201712 0.270 104.011 0.336
201803 0.990 105.290 1.217
201806 0.520 106.317 0.633
201809 0.190 106.507 0.231
201812 -0.500 105.998 -0.610
201903 0.130 107.251 0.157
201906 -0.160 108.070 -0.192
201909 -0.120 108.329 -0.143
201912 -0.220 108.420 -0.263
202003 0.040 108.902 0.048
202006 -0.110 108.767 -0.131
202009 -0.450 109.815 -0.530
202012 -0.070 109.897 -0.082
202103 -0.280 111.754 -0.324
202106 -0.140 114.631 -0.158
202109 -0.380 115.734 -0.425
202112 1.540 117.630 1.694
202203 1.010 121.301 1.078
202206 -0.460 125.017 -0.476
202209 -0.340 125.227 -0.351
202212 -0.270 125.222 -0.279
202303 -0.220 127.348 -0.224
202306 -0.300 128.729 -0.302
202309 -0.280 129.860 -0.279
202312 -0.430 129.419 -0.430

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


Diversified Healthcare Trust  (NAS:DHC) 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.

Diversified Healthcare Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.325/0.31
=7.50

* 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 Diversified Healthcare Trust was 27.92. The lowest was 1.12. And the median was 14.38.


Be Aware

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


Diversified Healthcare Trust E10 Related Terms

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


Diversified Healthcare Trust (Diversified Healthcare Trust) Business Description

Traded in Other Exchanges
Address
255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634
Diversified Healthcare Trust is a real estate investment trust that focuses on healthcare-related properties, including life science estates, medical offices, and senior living communities. It acquires and owns properties and is engaged in the development and implementation of medical services and technologies. It operates through two segments: its office portfolio and its senior housing operating portfolio. The office portfolio includes medical office properties leased to medical-related businesses and life sciences properties. The SHOP segment runs communities that offer multiple types of residential care, ranging from independent living to nursing services. DHT operates across the United States and the majority of its revenue derives from rents and medical programs.
Executives
Matthew C. Brown officer: CFO and Treasurer C/O OFFICE PROPERTIES INCOME TRUST, TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Phyllis M. Hollis director TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
David A Pierce director BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
John L Harrington director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Daniel F. Lepage director C/O THE RMR GROUP LLC, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jennifer F. Mintzer officer: President and COO C/O DIVERSIFIED HEALTHCARE TRUST, TWO NEWTON PL., 255 WASHINGTON STREET, NEWTON MA 02458
Jennifer B Clark director
Siedel Richard W. Jr. officer: Treasurer and C.F.O. C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Lisa Harris Jones director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Jeffrey P. Somers director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Doyle Richard A Jr officer: Treasurer and CFO C/O FIVE STAR QUALITY CARE, INC., 400 CENTRE STREET, NEWTON MA 02458
Adam D. Portnoy director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
John R Hoadley officer: Treasurer & CFO
David J Hegarty officer: President & COO C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Frank J Bailey director C/O REIT MANAGEMENT & RESEARCH LLC, 400 CENTRE STREET, NEWTON MA 02458