Farmland Partners (FRA:0FA) E10: €0.19 (As of Mar. 2026)


FRA:0FA Farmland Partners Inc FRA:0FA
71 GF Score
Price €8.51
GF Value €9.37
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Farmland Partners E10?

Farmland Partners FRA:0FA +1.31% 71 E10 is €0.19 as of Mar. 2026. GuruFocus rates FRA:0FA with a GF Score™ of 71/100 and a GF Value™ of €9.37 (Modestly Undervalued). The stock has 5 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.

Farmland Partners's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.009. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.19 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Farmland Partners's average E10 Growth Rate was 57.10% 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 (2026-06-28), Farmland Partners's current stock price is €8.51. Farmland Partners's E10 for the quarter that ended in Mar. 2026 was €0.19. Farmland Partners's Shiller PE Ratio of today is 44.79.

During the past 13 years, the highest Shiller PE Ratio of Farmland Partners was 1188.00. The lowest was 44.36. And the median was 89.77.


Farmland Partners  (FRA:0FA) 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.

Farmland Partners's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.51/0.19
=44.79

* 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 Farmland Partners was 1188.00. The lowest was 44.36. And the median was 89.77.


Be Aware

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


Farmland Partners E10 Related Terms


Farmland Partners E10 Historical Data

* Premium members only.

The historical data trend for Farmland Partners'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.

Farmland Partners E10 Chart

Farmland Partners 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 -0.05 0.01 0.12 0.15

Farmland Partners 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 0.13 0.13 0.00 0.15 0.19

FRA:0FA vs LAND, NLCP, SELF: E10 Comparison

For the REIT - Specialty subindustry, Farmland Partners'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.


Farmland Partners Shiller PE Ratio vs REITs Industry

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

* The bar in red indicates where Farmland Partners's Shiller PE Ratio falls into.


FRA:0FA
71GF Score
Farmland Partners Inc FRA:0FA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Farmland Partners 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, Farmland Partners'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)
=0.009/330.2130*330.2130
=0.009

Current CPI (Mar. 2026) = 330.2130.

Farmland Partners Quarterly Data

per share eps CPI Adj_EPS
201606 -0.003 241.018 -0.004
201609 -0.053 241.428 -0.072
201612 0.284 241.432 0.388
201703 -0.093 243.801 -0.126
201706 0.018 244.955 0.024
201709 0.008 246.819 0.011
201712 0.059 246.524 0.079
201803 -0.065 249.554 -0.086
201806 -0.060 251.989 -0.079
201809 0.017 252.439 0.022
201812 0.079 251.233 0.104
201903 -0.089 254.202 -0.116
201906 0.071 256.143 0.092
201909 -0.136 256.759 -0.175
201912 0.081 256.974 0.104
202003 -0.081 258.115 -0.104
202006 -0.089 257.797 -0.114
202009 -0.076 260.280 -0.096
202012 0.049 260.474 0.062
202103 -0.017 264.877 -0.021
202106 -0.158 271.696 -0.192
202109 -0.145 274.310 -0.175
202112 0.195 278.802 0.231
202203 0.004 287.504 0.005
202206 0.038 296.311 0.042
202209 0.010 296.808 0.011
202212 0.104 296.797 0.116
202303 0.019 301.836 0.021
202306 0.111 305.109 0.120
202309 0.066 307.789 0.071
202312 0.284 306.746 0.306
202403 0.009 312.332 0.010
202406 -0.056 314.175 -0.059
202409 0.018 315.301 0.019
202412 1.031 315.605 1.079
202503 0.028 319.799 0.029
202506 0.121 322.561 0.124
202509 0.000 324.800 0.000
202512 0.367 324.054 0.374
202603 0.009 330.213 0.009

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 €0.19 mean?
Farmland Partners (FRA:0FA) has a E10 of €0.19 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Farmland Partners and its competitors.
Is Farmland Partners' E10 too high?
Farmland Partners' current E10 is €0.19. Overall, Farmland Partners has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Farmland Partners' E10 compare to LAND and NLCP?
Farmland Partners' E10 of €0.19 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 Farmland Partners and its competitors. Farmland Partners's current E10 is €0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmland Partners stock overvalued right now?
Based on GuruFocus' analysis, Farmland Partners (FRA:0FA) is currently considered Modestly Undervalued. The stock's GF Value™ is €9.37, compared to a current price of €8.51 — trading 9.2% below its estimated fair value. The current E10 is €0.19. Farmland Partners' overall GF Score™ is 71/100 with 5 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 Farmland Partners (FRA:0FA), the current E10 is €0.19 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 Farmland Partners (FRA:0FA) Overvalued in 2026?

Based on GuruFocus' analysis, Farmland Partners stock appears to be undervalued. The current stock price of €8.51 is trading 9.2% below its estimated GF Value™ of €9.37. GuruFocus considers Farmland Partners to be Modestly Undervalued.

Key valuation signals for FRA:0FA:

  • E10: €0.19
  • GF Value™: €9.37 vs. price of €8.51 (9.2% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the FRA:0FA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Farmland Partners Business Description

Industry Real EstateREITs
Other Exchanges FPI:USA0FA:Germany
Address 4600 South Syracuse Street, Suite 1450, Denver, CO, USA, 80237
Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company which owns and contracts farmland and storage facilities located across the United States. Majority of the properties in its portfolio are used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and rest to produce specialty crops, such as almonds, pictachios, citrus, avacados, strawberies, and edible beans. The company generates its revenues through the rent it receives from its tenants.
71GF Score

Get the complete analysis for FRA:0FA

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

€8.51
Price
€9.37
GF Value