SmartCentres Real Estate Investment Trust (FRA:C7J1) E10: €1.43 (As of Mar. 2026)

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FRA:C7J1 SmartCentres Real Estate Investment Trust FRA:C7J1
71 GF Score
Price €17.19
GF Value €15.39
Valuation Modestly Overvalued
! 12 Warning Signs
View Full Analysis

What is SmartCentres Real Estate Investment Trust E10?

SmartCentres Real Estate Investment Trust FRA:C7J1 -1.98% 71 E10 is €1.43 as of Mar. 2026. GuruFocus rates FRA:C7J1 with a GF Score™ of 71/100 and a GF Value™ of €15.39 (Modestly Overvalued). The stock has 12 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.

SmartCentres Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.389. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.43 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SmartCentres Real Estate Investment Trust's average E10 Growth Rate was 0.40% per year. During the past 5 years, the average E10 Growth Rate was -0.90% per year. During the past 10 years, the average E10 Growth Rate was 0.50% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of SmartCentres Real Estate Investment Trust was 36.00% per year. The lowest was -5.60% per year. And the median was 7.20% per year.

As of today (2026-08-06), SmartCentres Real Estate Investment Trust's current stock price is €17.188. SmartCentres Real Estate Investment Trust's E10 for the quarter that ended in Mar. 2026 was €1.43. SmartCentres Real Estate Investment Trust's Shiller PE Ratio of today is 12.02.

During the past 13 years, the highest Shiller PE Ratio of SmartCentres Real Estate Investment Trust was 16.96. The lowest was 5.94. And the median was 10.94.


SmartCentres Real Estate Investment Trust  (FRA:C7J1) 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.

SmartCentres Real Estate Investment Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=17.188/1.43
=12.02

* 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 SmartCentres Real Estate Investment Trust was 16.96. The lowest was 5.94. And the median was 10.94.


Be Aware

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


SmartCentres Real Estate Investment Trust E10 Related Terms


SmartCentres Real Estate Investment Trust E10 Historical Data

* Premium members only.

The historical data trend for SmartCentres Real Estate Investment 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.

SmartCentres Real Estate Investment Trust E10 Chart

SmartCentres Real Estate Investment 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 1.89 1.74 1.66 1.64 1.49

SmartCentres Real Estate Investment 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 1.55 1.55 1.46 1.49 1.43

FRA:C7J1 vs SPG, O, KIM: E10 Comparison

For the REIT - Retail subindustry, SmartCentres Real Estate Investment 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.


SmartCentres Real Estate Investment Trust Shiller PE Ratio vs REITs Industry

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

* The bar in red indicates where SmartCentres Real Estate Investment Trust's Shiller PE Ratio falls into.


FRA:C7J1
71GF Score
SmartCentres Real Estate Investment Trust FRA:C7J1
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SmartCentres Real Estate Investment 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, SmartCentres Real Estate Investment 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)
=0.389/132.2623*132.2623
=0.389

Current CPI (Mar. 2026) = 132.2623.

SmartCentres Real Estate Investment Trust Quarterly Data

per share eps CPI Adj_EPS
201606 0.286 102.002 0.371
201609 0.208 101.765 0.270
201612 0.589 101.449 0.768
201703 0.225 102.634 0.290
201706 0.446 103.029 0.573
201709 0.255 103.345 0.326
201712 0.355 103.345 0.454
201803 0.331 105.004 0.417
201806 0.354 105.557 0.444
201809 0.330 105.636 0.413
201812 0.349 105.399 0.438
201903 0.264 106.979 0.326
201906 0.318 107.690 0.391
201909 0.325 107.611 0.399
201912 0.352 107.769 0.432
202003 0.203 107.927 0.249
202006 -0.429 108.401 -0.523
202009 0.346 108.164 0.423
202012 0.150 108.559 0.183
202103 0.196 110.298 0.235
202106 0.318 111.720 0.376
202109 0.589 112.905 0.690
202112 2.220 113.774 2.581
202203 1.266 117.646 1.423
202206 0.541 120.806 0.592
202209 0.015 120.648 0.016
202212 0.332 120.964 0.363
202303 0.367 122.702 0.396
202306 0.526 124.203 0.560
202309 0.710 125.230 0.750
202312 0.046 125.072 0.049
202403 -0.069 126.258 -0.072
202406 0.416 127.522 0.431
202409 0.134 127.285 0.139
202412 0.453 127.364 0.470
202503 -0.030 129.181 -0.031
202506 0.329 129.892 0.335
202509 0.237 130.287 0.241
202512 0.383 130.366 0.389
202603 0.389 132.262 0.389

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 €1.43 mean?
SmartCentres Real Estate Investment Trust (FRA:C7J1) has a E10 of €1.43 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SmartCentres Real Estate Investment Trust and its competitors.
Is SmartCentres Real Estate Investment Trust's E10 too high?
SmartCentres Real Estate Investment Trust's current E10 is €1.43. Overall, SmartCentres Real Estate Investment Trust has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SmartCentres Real Estate Investment Trust's E10 compare to SPG and O?
SmartCentres Real Estate Investment Trust's E10 of €1.43 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 SmartCentres Real Estate Investment Trust and its competitors. SmartCentres Real Estate Investment Trust's current E10 is €1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SmartCentres Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, SmartCentres Real Estate Investment Trust (FRA:C7J1) is currently considered Modestly Overvalued. The stock's GF Value™ is €15.39, compared to a current price of €17.19 — trading 11.7% above its estimated fair value. The current E10 is €1.43. SmartCentres Real Estate Investment Trust's overall GF Score™ is 71/100 with 12 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 SmartCentres Real Estate Investment Trust (FRA:C7J1), the current E10 is €1.43 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 SmartCentres Real Estate Investment Trust (FRA:C7J1) Overvalued in 2026?

Based on GuruFocus' analysis, SmartCentres Real Estate Investment Trust stock appears to be overvalued. The current stock price of €17.19 is trading 11.7% above its estimated GF Value™ of €15.39. GuruFocus considers SmartCentres Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for FRA:C7J1:

  • E10: €1.43
  • GF Value™: €15.39 vs. price of €17.19 (11.7% above fair value)
  • GF Score™: 71/100 with 12 warning signs

No single metric tells the full story. See the FRA:C7J1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SmartCentres Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges CWYUF:USASRU.UN:Canada
Address 3200 Highway 7, Vaughan, ON, CAN, L4K 5Z5
SmartCentres Real Estate Investment Trust is a Canadian fully integrated commercial and residential REIT, with several strategically located properties in communities across the country. It develops, leases, constructs, owns, and manages shopping centers, office buildings, high-rise and low-rise condos and rental residences, seniors' housing, townhome units, self-storage rental facilities, and industrial facilities in Canada, both directly and through its subsidiaries. The company generates maximum revenue from its retail properties. It has one reportable segment, which comprises the development, ownership, management, and operation of investment properties located in Canada.
71GF Score

Get the complete analysis for FRA:C7J1

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

€17.19
Price
€15.39
GF Value