DREUF (Dream Industrial Real Estate Investment Trust) E10: $0.99 (As of Mar. 2026)


DREUF Dream Industrial Real Estate Investment Trust DREUF
70 GF Score
Price $9.93
GF Value $10.07
Valuation Fairly Valued
! 9 Warning Signs
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What is Dream Industrial Real Estate Investment Trust E10?

Dream Industrial Real Estate Investment Trust DREUF 70 E10 is $0.99 as of Mar. 2026. GuruFocus rates DREUF with a GF Score™ of 70/100 and a GF Value™ of $10.07 (Fairly Valued). The stock has 9 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.

Dream Industrial Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.153. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Dream Industrial Real Estate Investment Trust's average E10 Growth Rate was 5.30% per year. During the past 3 years, the average E10 Growth Rate was -0.20% 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 Dream Industrial Real Estate Investment Trust was -0.20% per year. The lowest was -0.20% per year. And the median was -0.20% per year.

As of today (2026-07-04), Dream Industrial Real Estate Investment Trust's current stock price is $9.93. Dream Industrial Real Estate Investment Trust's E10 for the quarter that ended in Mar. 2026 was $0.99. Dream Industrial Real Estate Investment Trust's Shiller PE Ratio of today is 10.03.

During the past 13 years, the highest Shiller PE Ratio of Dream Industrial Real Estate Investment Trust was 11.36. The lowest was 7.56. And the median was 9.82.


Dream Industrial Real Estate Investment Trust  (OTCPK:DREUF) 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.

Dream Industrial Real Estate Investment Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.93/0.99
=10.03

* 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 Dream Industrial Real Estate Investment Trust was 11.36. The lowest was 7.56. And the median was 9.82.


Be Aware

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


Dream Industrial Real Estate Investment Trust E10 Related Terms


Dream Industrial Real Estate Investment Trust E10 Historical Data

* Premium members only.

The historical data trend for Dream Industrial Real Estate Investment 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.

Dream Industrial Real Estate Investment Trust E10 Chart

Dream Industrial Real Estate Investment Trust 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 0.00 0.99 0.98 0.90 0.97

Dream Industrial Real Estate Investment Trust 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 0.91 0.95 0.92 0.97 0.99

DREUF vs PLD, PSA, EXR: E10 Comparison

For the REIT - Industrial subindustry, Dream Industrial Real Estate Investment 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.


Dream Industrial Real Estate Investment Trust Shiller PE Ratio vs REITs Industry

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

* The bar in red indicates where Dream Industrial Real Estate Investment Trust's Shiller PE Ratio falls into.


DREUF
70GF Score
Dream Industrial Real Estate Investment Trust DREUF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dream Industrial Real Estate Investment 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, Dream Industrial Real Estate Investment Trust'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)
=0.153/132.2600*132.2600
=0.153

Current CPI (Mar. 2026) = 132.2600.

Dream Industrial Real Estate Investment Trust Quarterly Data

per share eps CPI Adj_EPS
201606 0.002 102.002 0.003
201609 0.124 101.765 0.161
201612 -0.093 101.449 -0.121
201703 0.111 102.634 0.143
201706 -0.067 103.029 -0.086
201709 0.082 103.345 0.105
201712 0.165 103.345 0.211
201803 0.337 105.004 0.424
201806 0.119 105.557 0.149
201809 0.203 105.636 0.254
201812 0.452 105.399 0.567
201903 -0.052 106.979 -0.064
201906 0.466 107.690 0.572
201909 -0.016 107.611 -0.020
201912 0.595 107.769 0.730
202003 0.184 107.927 0.225
202006 0.013 108.401 0.016
202009 0.324 108.164 0.396
202012 0.373 108.559 0.454
202103 0.406 110.298 0.487
202106 0.638 111.720 0.755
202109 0.560 112.905 0.656
202112 0.613 113.774 0.713
202203 1.351 117.646 1.519
202206 0.490 120.806 0.536
202209 0.344 120.648 0.377
202212 -0.098 120.964 -0.107
202303 -0.047 122.702 -0.051
202306 0.218 124.203 0.232
202309 0.132 125.230 0.139
202312 -0.027 125.072 -0.029
202403 0.192 126.258 0.201
202406 0.153 127.522 0.159
202409 0.035 127.285 0.036
202412 0.266 127.364 0.276
202503 0.111 129.181 0.114
202506 0.117 129.892 0.119
202509 0.113 130.290 0.115
202512 0.073 130.370 0.074
202603 0.153 132.260 0.153

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 $0.99 mean?
Dream Industrial Real Estate Investment Trust (DREUF) has a E10 of $0.99 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dream Industrial Real Estate Investment Trust and its competitors.
Is Dream Industrial Real Estate Investment Trust's E10 too high?
Dream Industrial Real Estate Investment Trust's current E10 is $0.99. Overall, Dream Industrial Real Estate Investment Trust has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dream Industrial Real Estate Investment Trust's E10 compare to PLD and PSA?
Dream Industrial Real Estate Investment Trust's E10 of $0.99 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 Dream Industrial Real Estate Investment Trust and its competitors. Dream Industrial Real Estate Investment Trust's current E10 is $0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dream Industrial Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Dream Industrial Real Estate Investment Trust (DREUF) is currently considered Fairly Valued. The stock's GF Value™ is $10.07, compared to a current price of $9.93 — trading 1.4% below its estimated fair value. The current E10 is $0.99. Dream Industrial Real Estate Investment Trust's overall GF Score™ is 70/100 with 9 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 Dream Industrial Real Estate Investment Trust (DREUF), the current E10 is $0.99 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 Dream Industrial Real Estate Investment Trust (DREUF) Overvalued in 2026?

Based on GuruFocus' analysis, Dream Industrial Real Estate Investment Trust stock appears to be undervalued. The current stock price of $9.93 is trading 1.4% below its estimated GF Value™ of $10.07. GuruFocus considers Dream Industrial Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for DREUF:

  • E10: $0.99
  • GF Value™: $10.07 vs. price of $9.93 (1.4% below fair value)
  • GF Score™: 70/100 with 9 warning signs

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


Dream Industrial Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges 6MS:GermanyDIR.UN:Canada
Address 30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1
Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. Its portfolio comprises industrial properties located in key markets across Canada, Europe and the USA. Its objective is to build upon and grow its portfolio and to provide stable and sustainable cash distributions to its unitholders.The reportable operating segments of its investment properties and results of operations are segmented into the following components: Ontario, Quebec, Western Canada, Europe, the U.S., Dream Summit JV and Development JV.
70GF Score

Get the complete analysis for DREUF

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

$9.93
Price
$10.07
GF Value