EFRTF (Nexus Industrial REIT) E10: $1.25 (As of Mar. 2026)


EFRTF Nexus Industrial REIT EFRTF
69 GF Score
Price $5.69
GF Value $5.41
Valuation Fairly Valued
! 8 Warning Signs
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What is Nexus Industrial REIT E10?

Nexus Industrial REIT EFRTF +0.53% 69 E10 is $1.25 as of Mar. 2026. GuruFocus rates EFRTF with a GF Score™ of 69/100 and a GF Value™ of $5.41 (Fairly Valued). The stock has 8 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.

Nexus Industrial REIT's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.242. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.25 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nexus Industrial REIT's average E10 Growth Rate was -0.60% per year. During the past 3 years, the average E10 Growth Rate was 11.30% 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 Nexus Industrial REIT was 11.30% per year. The lowest was 11.30% per year. And the median was 11.30% per year.

As of today (2026-06-30), Nexus Industrial REIT's current stock price is $5.69. Nexus Industrial REIT's E10 for the quarter that ended in Mar. 2026 was $1.25. Nexus Industrial REIT's Shiller PE Ratio of today is 4.55.

During the past 13 years, the highest Shiller PE Ratio of Nexus Industrial REIT was 8.95. The lowest was 3.65. And the median was 4.66.


Nexus Industrial REIT  (OTCPK:EFRTF) 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.

Nexus Industrial REIT's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.69/1.25
=4.55

* 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 Nexus Industrial REIT was 8.95. The lowest was 3.65. And the median was 4.66.


Be Aware

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


Nexus Industrial REIT E10 Related Terms


Nexus Industrial REIT E10 Historical Data

* Premium members only.

The historical data trend for Nexus Industrial REIT'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.

Nexus Industrial REIT E10 Chart

Nexus Industrial REIT 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 0.89 1.14 1.19 1.25

Nexus Industrial REIT 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 1.21 1.26 1.23 1.25 1.25

EFRTF vs PLD, PSA, EXR: E10 Comparison

For the REIT - Industrial subindustry, Nexus Industrial REIT'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.


Nexus Industrial REIT Shiller PE Ratio vs REITs Industry

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

* The bar in red indicates where Nexus Industrial REIT's Shiller PE Ratio falls into.


EFRTF
69GF Score
Nexus Industrial REIT EFRTF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nexus Industrial REIT 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, Nexus Industrial REIT'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)
=0.242/132.2623*132.2623
=0.242

Current CPI (Mar. 2026) = 132.2623.

Nexus Industrial REIT Quarterly Data

per share eps CPI Adj_EPS
201606 0.052 102.002 0.067
201609 0.160 101.765 0.208
201612 0.477 101.449 0.622
201703 0.001 102.634 0.001
201706 0.000 103.029 0.000
201709 0.124 103.345 0.159
201712 0.434 103.345 0.555
201803 0.223 105.004 0.281
201806 0.152 105.557 0.190
201809 0.141 105.636 0.177
201812 0.763 105.399 0.957
201903 0.138 106.979 0.171
201906 0.120 107.690 0.147
201909 0.190 107.611 0.234
201912 0.813 107.769 0.998
202003 0.370 107.927 0.453
202006 0.188 108.401 0.229
202009 0.134 108.164 0.164
202012 0.274 108.559 0.334
202103 0.243 110.298 0.291
202106 1.229 111.720 1.455
202109 -0.217 112.905 -0.254
202112 0.454 113.774 0.528
202203 0.181 117.646 0.203
202206 0.786 120.806 0.861
202209 0.379 120.648 0.415
202212 -0.142 120.964 -0.155
202303 0.031 122.702 0.033
202306 0.643 124.203 0.685
202309 0.628 125.230 0.663
202312 0.017 125.072 0.018
202403 1.311 126.258 1.373
202406 0.339 127.522 0.352
202409 -0.361 127.285 -0.375
202412 0.370 127.364 0.384
202503 0.245 129.181 0.251
202506 -0.059 129.892 -0.060
202509 0.026 130.287 0.026
202512 0.228 130.366 0.231
202603 0.242 132.262 0.242

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 $1.25 mean?
Nexus Industrial REIT (EFRTF) has a E10 of $1.25 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nexus Industrial REIT and its competitors.
Is Nexus Industrial REIT's E10 too high?
Nexus Industrial REIT's current E10 is $1.25. Overall, Nexus Industrial REIT has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nexus Industrial REIT's E10 compare to PLD and PSA?
Nexus Industrial REIT's E10 of $1.25 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 Nexus Industrial REIT and its competitors. Nexus Industrial REIT's current E10 is $1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexus Industrial REIT stock overvalued right now?
Based on GuruFocus' analysis, Nexus Industrial REIT (EFRTF) is currently considered Fairly Valued. The stock's GF Value™ is $5.41, compared to a current price of $5.69 — trading 5.2% above its estimated fair value. The current E10 is $1.25. Nexus Industrial REIT's overall GF Score™ is 69/100 with 8 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 Nexus Industrial REIT (EFRTF), the current E10 is $1.25 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 Nexus Industrial REIT (EFRTF) Overvalued in 2026?

Based on GuruFocus' analysis, Nexus Industrial REIT stock appears to be overvalued. The current stock price of $5.69 is trading 5.2% above its estimated GF Value™ of $5.41. GuruFocus considers Nexus Industrial REIT to be Fairly Valued.

Key valuation signals for EFRTF:

  • E10: $1.25
  • GF Value™: $5.41 vs. price of $5.69 (5.2% above fair value)
  • GF Score™: 69/100 with 8 warning signs

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


Nexus Industrial REIT Business Description

Industry Real EstateREITs
Other Exchanges J6D:GermanyNXR.UN:Canada
Address 105-586 Argus Road, Oakville, ON, CAN, L6J 3J3
Nexus Industrial REIT is a Canada-based growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership, and management of industrial, office, and retail properties. REIT has a single reportable segment. It owns and operates commercial real estate properties with a focus on industrial assets across Canada.
69GF Score

Get the complete analysis for EFRTF

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

$5.69
Price
$5.41
GF Value