Blackstone Mortgage Trust (FRA:079A) E10: €1.62 (As of Jun. 2026)

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FRA:079A Blackstone Mortgage Trust Inc FRA:079A
53 GF Score
Price €12.12
GF Value €16.68
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Blackstone Mortgage Trust E10?

Blackstone Mortgage Trust FRA:079A -0.90% 53 E10 is €1.62 as of Jun. 2026. GuruFocus rates FRA:079A with a GF Score™ of 53/100 and a GF Value™ of €16.68 (Modestly Undervalued). The stock has 3 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.

Blackstone Mortgage Trust's adjusted earnings per share data for the three months ended in Jun. 2026 was €-0.417. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.62 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Blackstone Mortgage Trust's average E10 Growth Rate was -14.50% per year. During the past 3 years, the average E10 Growth Rate was -3.00% per year. During the past 5 years, the average E10 Growth Rate was -38.30% 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 Blackstone Mortgage Trust was 68.30% per year. The lowest was -66.10% per year. And the median was 5.60% per year.

As of today (2026-08-22), Blackstone Mortgage Trust's current stock price is €12.12. Blackstone Mortgage Trust's E10 for the quarter that ended in Jun. 2026 was €1.62. Blackstone Mortgage Trust's Shiller PE Ratio of today is 7.48.

During the past 13 years, the highest Shiller PE Ratio of Blackstone Mortgage Trust was 11.18. The lowest was 0.93. And the median was 7.33.


Blackstone Mortgage Trust  (FRA:079A) 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.

Blackstone Mortgage Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.12/1.62
=7.48

* 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 Blackstone Mortgage Trust was 11.18. The lowest was 0.93. And the median was 7.33.


Be Aware

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


Blackstone Mortgage Trust E10 Related Terms


Blackstone Mortgage Trust E10 Historical Data

* Premium members only.

The historical data trend for Blackstone Mortgage 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.

Blackstone Mortgage Trust E10 Chart

Blackstone Mortgage 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 9.73 2.07 2.26 2.11 1.75

Blackstone Mortgage Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.82 1.75 1.75 1.67 1.62

FRA:079A vs DX, ARR, EFC: E10 Comparison

For the REIT - Mortgage subindustry, Blackstone Mortgage 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.


Blackstone Mortgage Trust Shiller PE Ratio vs REITs Industry

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

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


FRA:079A
53GF Score
Blackstone Mortgage Trust Inc FRA:079A
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blackstone Mortgage 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, Blackstone Mortgage Trust's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.417/333.9520*333.9520
=-0.417

Current CPI (Jun. 2026) = 333.9520.

Blackstone Mortgage Trust Quarterly Data

per share eps CPI Adj_EPS
201609 0.615 241.428 0.851
201612 0.531 241.432 0.734
201703 0.505 243.801 0.692
201706 0.472 244.955 0.643
201709 0.512 246.819 0.693
201712 0.499 246.524 0.676
201803 0.454 249.554 0.608
201806 0.565 251.989 0.749
201809 0.574 252.439 0.759
201812 0.527 251.233 0.701
201903 0.549 254.202 0.721
201906 0.522 256.143 0.681
201909 0.508 256.759 0.661
201912 0.531 256.974 0.690
202003 -0.353 258.115 -0.457
202006 0.115 257.797 0.149
202009 0.518 260.280 0.665
202012 0.477 260.474 0.612
202103 0.454 264.877 0.572
202106 0.739 271.696 0.908
202109 0.476 274.310 0.579
202112 0.681 278.802 0.816
202203 0.527 287.504 0.612
202206 0.511 296.311 0.576
202209 0.596 296.808 0.671
202212 -0.264 296.797 -0.297
202303 0.626 301.836 0.693
202306 0.535 305.109 0.586
202309 0.159 307.789 0.173
202312 -0.009 306.746 -0.010
202403 -0.653 312.332 -0.698
202406 -0.325 314.175 -0.345
202409 -0.288 315.301 -0.305
202412 0.210 315.605 0.222
202503 0.000 319.799 0.000
202506 0.035 322.561 0.036
202509 0.315 324.800 0.324
202512 0.196 324.054 0.202
202603 -0.035 330.213 -0.035
202606 -0.417 333.952 -0.417

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 €1.62 mean?
Blackstone Mortgage Trust (FRA:079A) has a E10 of €1.62 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Blackstone Mortgage Trust and its competitors.
Is Blackstone Mortgage Trust's E10 too high?
Blackstone Mortgage Trust's current E10 is €1.62. Overall, Blackstone Mortgage Trust has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blackstone Mortgage Trust's E10 compare to DX and ARR?
Blackstone Mortgage Trust's E10 of €1.62 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 Blackstone Mortgage Trust and its competitors. Blackstone Mortgage Trust's current E10 is €1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstone Mortgage Trust stock overvalued right now?
Based on GuruFocus' analysis, Blackstone Mortgage Trust (FRA:079A) is currently considered Modestly Undervalued. The stock's GF Value™ is €16.68, compared to a current price of €12.12 — trading 27.3% below its estimated fair value. The current E10 is €1.62. Blackstone Mortgage Trust's overall GF Score™ is 53/100 with 3 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 Blackstone Mortgage Trust (FRA:079A), the current E10 is €1.62 as of Jun. 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 Blackstone Mortgage Trust (FRA:079A) Overvalued in 2026?

Based on GuruFocus' analysis, Blackstone Mortgage Trust stock appears to be undervalued. The current stock price of €12.12 is trading 27.3% below its estimated GF Value™ of €16.68. GuruFocus considers Blackstone Mortgage Trust to be Modestly Undervalued.

Key valuation signals for FRA:079A:

  • E10: €1.62
  • GF Value™: €16.68 vs. price of €12.12 (27.3% below fair value)
  • GF Score™: 53/100 with 3 warning signs

No single metric tells the full story. See the FRA:079A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Blackstone Mortgage Trust Business Description

Industry Real EstateREITs
Other Exchanges BXMT:USA079A:Germany
Address 345 Park Avenue, 24th Floor, New York, NY, USA, 10154
Blackstone Mortgage Trust Inc is an externally managed real estate finance company that originates, acquires, and manages senior loans and other debt or credit-oriented investments collateralized by or relating to commercial real estate in North America, Europe, and Australia. Its portfolio is composed of senior loans secured by high-quality, institutional assets located in main markets, and sponsored by experienced, well-capitalized real estate investment owners and operators. The group finances its investments in a variety of ways, including borrowing under secured credit facilities, issuing collateralized loan obligations, or CLOs, other securitization transactions, syndicating senior loans and/or participations, and other forms of asset-level financing.
53GF Score

Get the complete analysis for FRA:079A

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

€12.12
Price
€16.68
GF Value