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Mainstreet Equity (FRA:9V4) E10 : €8.12 (As of Sep. 2024)


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What is Mainstreet Equity E10?

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.

Mainstreet Equity's adjusted earnings per share data for the three months ended in Sep. 2024 was €8.101. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €8.12 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Mainstreet Equity's average E10 Growth Rate was 14.90% per year. During the past 3 years, the average E10 Growth Rate was 12.70% per year. During the past 5 years, the average E10 Growth Rate was 16.00% per year. During the past 10 years, the average E10 Growth Rate was 18.60% 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 Mainstreet Equity was 60.20% per year. The lowest was 12.70% per year. And the median was 21.00% per year.

As of today (2024-12-13), Mainstreet Equity's current stock price is €139.00. Mainstreet Equity's E10 for the quarter that ended in Sep. 2024 was €8.12. Mainstreet Equity's Shiller PE Ratio of today is 17.12.

During the past 13 years, the highest Shiller PE Ratio of Mainstreet Equity was 17.73. The lowest was 7.31. And the median was 12.48.


Mainstreet Equity E10 Historical Data

The historical data trend for Mainstreet Equity'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.

* Premium members only.

Mainstreet Equity E10 Chart

Mainstreet Equity Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 8.12

Mainstreet Equity Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - 7.63 8.12

Competitive Comparison of Mainstreet Equity's E10

For the Real Estate Services subindustry, Mainstreet Equity'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.


Mainstreet Equity's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Mainstreet Equity's Shiller PE Ratio falls into.



Mainstreet Equity 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, Mainstreet Equity's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=8.101/127.2847*127.2847
=8.101

Current CPI (Sep. 2024) = 127.2847.

Mainstreet Equity Quarterly Data

per share eps CPI Adj_EPS
201412 0.288 98.367 0.373
201503 -0.198 99.789 -0.253
201506 -0.649 100.500 -0.822
201509 4.406 100.421 5.585
201512 -0.556 99.947 -0.708
201603 -1.813 101.054 -2.284
201606 -0.021 102.002 -0.026
201609 3.623 101.765 4.532
201612 -0.298 101.449 -0.374
201703 -0.175 102.634 -0.217
201706 -0.770 103.029 -0.951
201709 7.742 103.345 9.535
201712 0.238 103.345 0.293
201803 0.709 105.004 0.859
201806 1.709 105.557 2.061
201809 2.308 105.636 2.781
201812 0.399 105.399 0.482
201903 0.854 106.979 1.016
201906 0.806 107.690 0.953
201909 2.133 107.611 2.523
201912 0.403 107.769 0.476
202003 0.253 107.927 0.298
202006 0.760 108.401 0.892
202009 3.318 108.164 3.905
202012 -0.366 108.559 -0.429
202103 0.728 110.298 0.840
202106 13.156 111.720 14.989
202109 2.844 112.905 3.206
202112 0.920 113.774 1.029
202203 2.302 117.646 2.491
202206 1.729 120.806 1.822
202209 4.566 120.648 4.817
202212 1.112 120.964 1.170
202303 1.515 122.702 1.572
202306 2.550 124.203 2.613
202309 2.936 125.230 2.984
202312 5.031 125.072 5.120
202403 2.454 126.258 2.474
202406 -1.152 127.522 -1.150
202409 8.101 127.285 8.101

Add all the adjusted EPS together and divide 10 will get our e10.


Mainstreet Equity  (FRA:9V4) 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.

Mainstreet Equity's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=139.00/8.12
=17.12

* 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 Mainstreet Equity was 17.73. The lowest was 7.31. And the median was 12.48.


Be Aware

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


Mainstreet Equity E10 Related Terms

Thank you for viewing the detailed overview of Mainstreet Equity's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Mainstreet Equity Business Description

Traded in Other Exchanges
Address
10th Avenue SE, Suite 305, Calgary, AB, CAN, T2G 0W2
Mainstreet Equity Corp is a residential real estate company. It is focused on the acquisition, redevelopment, repositioning, and management of mid-market rental apartment buildings. The business specializes in multi-family residential housing operating in a single segment. Geographically it operates in Canadian provinces including British Columbia, Alberta, Saskatchewan and Manitoba. The company generates revenue from rental income and others.

Mainstreet Equity Headlines

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