FCPT (Four Corners Property Trust) E10: $1.38 (As of Mar. 2026)


FCPT Four Corners Property Trust Inc FCPT
81 GF Score
Price $25.02
GF Value $25.50
Valuation Fairly Valued
! 7 Warning Signs
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What is Four Corners Property Trust E10?

Four Corners Property Trust FCPT -0.52% 81 E10 is $1.38 as of Mar. 2026. GuruFocus rates FCPT with a GF Score™ of 81/100 and a GF Value™ of $25.50 (Fairly Valued). The stock has 7 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.

Four Corners Property Trust's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.38 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Four Corners Property Trust's average E10 Growth Rate was -5.50% 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.

As of today (2026-06-26), Four Corners Property Trust's current stock price is $25.02. Four Corners Property Trust's E10 for the quarter that ended in Mar. 2026 was $1.38. Four Corners Property Trust's Shiller PE Ratio of today is 18.13.

During the past 13 years, the highest Shiller PE Ratio of Four Corners Property Trust was 21.87. The lowest was 14.97. And the median was 18.16.


Four Corners Property Trust  (NYSE:FCPT) 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.

Four Corners Property Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=25.02/1.38
=18.13

* 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 Four Corners Property Trust was 21.87. The lowest was 14.97. And the median was 18.16.


Be Aware

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


Four Corners Property Trust E10 Related Terms


Four Corners Property Trust E10 Historical Data

* Premium members only.

The historical data trend for Four Corners Property 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.

Four Corners Property Trust E10 Chart

Four Corners Property 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 0.00 0.00 1.42 1.55

Four Corners Property 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 1.46 1.50 1.54 1.55 1.38

FCPT vs UE, IVT, AKR: E10 Comparison

For the REIT - Retail subindustry, Four Corners Property 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.


Four Corners Property Trust Shiller PE Ratio vs REITs Industry

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

* The bar in red indicates where Four Corners Property Trust's Shiller PE Ratio falls into.


FCPT
81GF Score
Four Corners Property Trust Inc FCPT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Four Corners Property 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, Four Corners Property 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)
=0.28/330.2130*330.2130
=0.280

Current CPI (Mar. 2026) = 330.2130.

Four Corners Property Trust Quarterly Data

per share eps CPI Adj_EPS
201606 0.250 241.018 0.343
201609 0.250 241.428 0.342
201612 0.540 241.432 0.739
201703 0.260 243.801 0.352
201706 0.300 244.955 0.404
201709 0.310 246.819 0.415
201712 0.300 246.524 0.402
201803 0.260 249.554 0.344
201806 0.440 251.989 0.577
201809 0.270 252.439 0.353
201812 0.310 251.233 0.407
201903 0.260 254.202 0.338
201906 0.260 256.143 0.335
201909 0.270 256.759 0.347
201912 0.270 256.974 0.347
202003 0.270 258.115 0.345
202006 0.260 257.797 0.333
202009 0.270 260.280 0.343
202012 0.270 260.474 0.342
202103 0.270 264.877 0.337
202106 0.260 271.696 0.316
202109 0.280 274.310 0.337
202112 0.300 278.802 0.355
202203 0.280 287.504 0.322
202206 0.350 296.311 0.390
202209 0.300 296.808 0.334
202212 0.270 296.797 0.300
202303 0.270 301.836 0.295
202306 0.270 305.109 0.292
202309 0.270 307.789 0.290
202312 0.270 306.746 0.291
202403 0.260 312.332 0.275
202406 0.270 314.175 0.284
202409 0.270 315.301 0.283
202412 0.270 315.605 0.282
202503 0.260 319.799 0.268
202506 0.280 322.561 0.287
202509 0.280 324.800 0.285
202512 0.280 324.054 0.285
202603 0.280 330.213 0.280

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 $1.38 mean?
Four Corners Property Trust (FCPT) has a E10 of $1.38 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Four Corners Property Trust and its competitors.
Is Four Corners Property Trust's E10 too high?
Four Corners Property Trust's current E10 is $1.38. Overall, Four Corners Property Trust has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Four Corners Property Trust's E10 compare to UE and IVT?
Four Corners Property Trust's E10 of $1.38 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 Four Corners Property Trust and its competitors. Four Corners Property Trust's current E10 is $1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Four Corners Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Four Corners Property Trust (FCPT) is currently considered Fairly Valued. The stock's GF Value™ is $25.50, compared to a current price of $25.02 — trading 1.9% below its estimated fair value. The current E10 is $1.38. Four Corners Property Trust's overall GF Score™ is 81/100 with 7 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 Four Corners Property Trust (FCPT), the current E10 is $1.38 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 Four Corners Property Trust (FCPT) Overvalued in 2026?

Based on GuruFocus' analysis, Four Corners Property Trust stock appears to be undervalued. The current stock price of $25.02 is trading 1.9% below its estimated GF Value™ of $25.50. GuruFocus considers Four Corners Property Trust to be Fairly Valued.

Key valuation signals for FCPT:

  • E10: $1.38
  • GF Value™: $25.50 vs. price of $25.02 (1.9% below fair value)
  • GF Score™: 81/100 with 7 warning signs

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


Four Corners Property Trust Business Description

Industry Real EstateREITs
Other Exchanges 4Z1:Germany
Address 591 Redwood Highway, Suite 3215, Mill Valley, CA, USA, 94941
Four Corners Property Trust Inc is a real estate investment trust predominantly engaged in the ownership, acquisition and leasing of restaurant and retail properties. The company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. The firm operates through two segments namely, real estate operations and restaurant operations. The real estate operations segment consists of rental revenues generated by leasing restaurant and retail properties to tenants. The restaurant operations segment is conducted through a taxable REIT subsidiary (TRS) and consists of Kerrow Restaurant Operating Business. The firm generates majority of the revenue from the real estate operations segment.
81GF Score

Get the complete analysis for FCPT

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

$25.02
Price
$25.50
GF Value