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Safestore Holdings (FRA:IHF) E10 : €1.45 (As of Oct. 2024)


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What is Safestore Holdings 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.

Safestore Holdings's adjusted earnings per share data for the fiscal year that ended in Oct. 2024 was €2.036. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.45 for the trailing ten years ended in Oct. 2024.

During the past 12 months, Safestore Holdings's average E10 Growth Rate was 17.20% per year. During the past 3 years, the average E10 Growth Rate was 21.30% per year. During the past 5 years, the average E10 Growth Rate was 25.80% per year. During the past 10 years, the average E10 Growth Rate was 19.70% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Safestore Holdings was 33.60% per year. The lowest was 1.40% per year. And the median was 22.35% per year.

As of today (2025-03-02), Safestore Holdings's current stock price is € 7.35. Safestore Holdings's E10 for the fiscal year that ended in Oct. 2024 was €1.45. Safestore Holdings's Shiller PE Ratio of today is 5.07.

During the past 13 years, the highest Shiller PE Ratio of Safestore Holdings was 25.85. The lowest was 5.09. And the median was 16.21.


Safestore Holdings E10 Historical Data

The historical data trend for Safestore Holdings'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.

Safestore Holdings E10 Chart

Safestore Holdings Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.76 1.11 1.09 1.45

Safestore Holdings Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 1.11 - 1.09 - 1.45

Competitive Comparison of Safestore Holdings's E10

For the REIT - Industrial subindustry, Safestore Holdings'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.


Safestore Holdings's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Safestore Holdings's Shiller PE Ratio falls into.



Safestore Holdings 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, Safestore Holdings's adjusted earnings per share data for the fiscal year that ended in Oct. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=2.036/134.3000*134.3000
=2.036

Current CPI (Oct. 2024) = 134.3000.

Safestore Holdings Annual Data

per_share_eps CPI Adj_EPS
201510 0.711 100.300 0.952
201610 0.467 101.600 0.617
201710 0.419 104.400 0.539
201810 0.953 106.700 1.200
201910 0.716 108.300 0.888
202010 0.927 109.200 1.140
202110 2.083 113.400 2.467
202210 2.444 124.300 2.641
202310 1.059 130.200 1.092
202410 2.036 134.300 2.036

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


Safestore Holdings  (FRA:IHF) 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.

Safestore Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.35/1.45
=5.07

* 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 Safestore Holdings was 25.85. The lowest was 5.09. And the median was 16.21.


Be Aware

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


Safestore Holdings E10 Related Terms

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


Safestore Holdings Business Description

Traded in Other Exchanges
Address
Brittanic House, Stirling Way, Borehamwood, Hertfordshire, GBR, WD6 2BT
Safestore Holdings PLC is a real estate investment trust that owns and leases storage space located in Paris and the United Kingdom. The company focuses on provision of self-storage accommodation and related services. The company operates in three segments based on geographical areas, being the United Kingdom, Paris in France and Expansion Markets (Spain, the Netherlands and Belgium). It also derives revenue from the rental of self-storage space and the sale of ancillary products such as StoreProtect and merchandise (e.g. packing materials and padlocks).