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Easterly Government Properties (FRA:E050) E10 : €0.46 (As of Mar. 2025)


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What is Easterly Government Properties 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.

Easterly Government Properties's adjusted earnings per share data for the three months ended in Mar. 2025 was €0.065. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.46 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Easterly Government Properties's average E10 Growth Rate was 66.70% 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 (2025-07-23), Easterly Government Properties's current stock price is €19.60. Easterly Government Properties's E10 for the quarter that ended in Mar. 2025 was €0.46. Easterly Government Properties's Shiller PE Ratio of today is 42.61.

During the past 13 years, the highest Shiller PE Ratio of Easterly Government Properties was 106.50. The lowest was 40.28. And the median was 76.94.


Easterly Government Properties E10 Historical Data

The historical data trend for Easterly Government Properties'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.

Easterly Government Properties E10 Chart

Easterly Government Properties Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.34 0.39

Easterly Government Properties Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.27 0.39 0.43 0.39 0.46

Competitive Comparison of Easterly Government Properties's E10

For the REIT - Office subindustry, Easterly Government Properties'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.


Easterly Government Properties's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Easterly Government Properties's Shiller PE Ratio falls into.


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Easterly Government Properties 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, Easterly Government Properties's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.065/134.9266*134.9266
=0.065

Current CPI (Mar. 2025) = 134.9266.

Easterly Government Properties Quarterly Data

per share eps CPI Adj_EPS
201506 0.045 100.684 0.060
201509 0.045 100.392 0.060
201512 0.069 99.792 0.093
201603 0.067 100.470 0.090
201606 0.045 101.688 0.060
201609 0.045 101.861 0.060
201612 0.071 101.863 0.094
201703 0.070 102.862 0.092
201706 0.045 103.349 0.059
201709 0.042 104.136 0.054
201712 0.063 104.011 0.082
201803 0.061 105.290 0.078
201806 0.043 106.317 0.055
201809 0.064 106.507 0.081
201812 0.022 105.998 0.028
201903 -0.022 107.251 -0.028
201906 0.177 108.070 0.221
201909 0.023 108.329 0.029
201912 0.045 108.420 0.056
202003 0.045 108.902 0.056
202006 0.111 108.767 0.138
202009 0.106 109.815 0.130
202012 0.062 109.897 0.076
202103 0.168 111.754 0.203
202106 0.208 114.631 0.245
202109 0.191 115.734 0.223
202112 0.177 117.630 0.203
202203 0.182 121.301 0.202
202206 0.189 125.017 0.204
202209 0.025 125.227 0.027
202212 0.425 125.222 0.458
202303 0.093 127.348 0.099
202306 0.115 128.729 0.121
202309 0.141 129.860 0.147
202312 0.092 129.419 0.096
202403 0.101 131.776 0.103
202406 0.093 132.554 0.095
202409 0.113 133.029 0.115
202412 0.119 133.157 0.121
202503 0.065 134.927 0.065

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


Easterly Government Properties  (FRA:E050) 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.

Easterly Government Properties's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=19.60/0.46
=42.61

* 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 Easterly Government Properties was 106.50. The lowest was 40.28. And the median was 76.94.


Be Aware

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


Easterly Government Properties E10 Related Terms

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


Easterly Government Properties Business Description

Traded in Other Exchanges
Address
2001 K Street NW, Suite 775, Washington, DC, USA, 20006
Easterly Government Properties Inc is a real estate investment trust. It is engaged in the acquisition, development, and management of Class A commercial properties that are leased to U.S. government agencies. The company generates all its revenue by leasing its properties to such agencies.

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