Power REIT (FRA:P8P) E10: €-11.64 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:P8P Power REIT FRA:P8P
52 GF Score
Price €6.40
GF Value €5.36
! 5 Warning Signs
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What is Power REIT E10?

Power REIT FRA:P8P 52 E10 is €-11.64 as of Mar. 2026. GuruFocus rates FRA:P8P with a GF Score™ of 52/100 and a GF Value™ of €5.36. 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.

Power REIT's adjusted earnings per share data for the three months ended in Mar. 2026 was €-2.508. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-11.64 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -73.90% 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 Power REIT was 73.90% per year. The lowest was -73.90% per year. And the median was -1.30% per year.

As of today (2026-08-11), Power REIT's current stock price is €6.40. Power REIT's E10 for the quarter that ended in Mar. 2026 was €-11.64. Power REIT's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Power REIT was 14449.29. The lowest was 18.29. And the median was 213.71.


Power REIT  (FRA:P8P) 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.

During the past 13 years, the highest Shiller P/E Ratio of Power REIT was 14449.29. The lowest was 18.29. And the median was 213.71.


Be Aware

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


Power REIT E10 Related Terms


Power REIT E10 Historical Data

* Premium members only.

The historical data trend for Power REIT'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.

Power REIT E10 Chart

Power REIT 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 -2.59 -11.01 -11.51 -11.65

Power REIT 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 -13.22 -12.05 -18.57 -11.65 -11.64

FRA:P8P vs MKZR, SQFT, WHLR: E10 Comparison

For the REIT - Specialty subindustry, Power REIT'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.


Power REIT Shiller PE Ratio vs REITs Industry

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

* The bar in red indicates where Power REIT's Shiller PE Ratio falls into.


FRA:P8P
52GF Score
Power REIT FRA:P8P
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Power REIT 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, Power REIT'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)
=-2.508/330.2130*330.2130
=-2.508

Current CPI (Mar. 2026) = 330.2130.

Power REIT Quarterly Data

per share eps CPI Adj_EPS
201606 -0.514 241.018 -0.704
201609 -0.086 241.428 -0.118
201612 0.000 241.432 0.000
201703 0.630 243.801 0.853
201706 0.600 244.955 0.809
201709 0.162 246.819 0.217
201712 0.651 246.524 0.872
201803 0.625 249.554 0.827
201806 0.660 251.989 0.865
201809 0.578 252.439 0.756
201812 0.593 251.233 0.779
201903 0.597 254.202 0.776
201906 0.682 256.143 0.879
201909 0.962 256.759 1.237
201912 0.954 256.974 1.226
202003 0.814 258.115 1.041
202006 1.865 257.797 2.389
202009 2.123 260.280 2.693
202012 3.288 260.474 4.168
202103 2.772 264.877 3.456
202106 3.403 271.696 4.136
202109 4.165 274.310 5.014
202112 1.239 278.802 1.467
202203 2.270 287.504 2.607
202206 2.176 296.311 2.425
202209 1.212 296.808 1.348
202212 -47.294 296.797 -52.619
202303 -1.401 301.836 -1.533
202306 -6.369 305.109 -6.893
202309 -28.204 307.789 -30.259
202312 -5.319 306.746 -5.726
202403 -6.072 312.332 -6.420
202406 -52.953 314.175 -55.656
202409 -1.261 315.301 -1.321
202412 -9.359 315.605 -9.792
202503 -4.347 319.799 -4.489
202506 0.433 322.561 0.443
202509 0.170 324.800 0.173
202512 -3.672 324.054 -3.742
202603 -2.508 330.213 -2.508

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 €-11.64 mean?
Power REIT (FRA:P8P) has a E10 of €-11.64 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Power REIT and its competitors.
Is Power REIT's E10 too high?
Power REIT's current E10 is €-11.64. Overall, Power REIT has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Power REIT's E10 compare to MKZR and SQFT?
Power REIT's E10 of €-11.64 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 Power REIT and its competitors. Power REIT's current E10 is €-11.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power REIT stock overvalued right now?
Power REIT (FRA:P8P) has a current E10 of €-11.64. The stock's GF Value™ is €5.36, compared to a current price of €6.40 — trading 19.4% above its estimated fair value. The current E10 is €-11.64. Power REIT's overall GF Score™ is 52/100 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 Power REIT (FRA:P8P), the current E10 is €-11.64 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 Power REIT (FRA:P8P) Overvalued in 2026?

Based on GuruFocus' analysis, Power REIT stock appears to be overvalued. The current stock price of €6.40 is trading 19.4% above its estimated GF Value™ of €5.36.

Key valuation signals for FRA:P8P:

  • E10: €-11.64
  • GF Value™: €5.36 vs. price of €6.40 (19.4% above fair value)
  • GF Score™: 52/100 with 5 warning signs

No single metric tells the full story. See the FRA:P8P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Power REIT Business Description

Industry Real EstateREITs
Other Exchanges PWpA.PFD:USAPW:USA
Address 301 Winding Road, Old Bethpage, NY, USA, 11804
Power REIT is an internally-managed real estate investment trust that owns a portfolio of real estate assets related to transportation, energy infrastructure and Controlled Environment Agriculture in the United States. Its assets consisted of approximately 112 miles of railroad infrastructure and related real estate which is owned by its subsidiary, approximately 447 acres of fee simple land leased to a utility scale solar power generating project with an aggregate generating capacity of approximately 82 Megawatts and approximately 82 acres of land with approximately 357,000 square feet of CEA properties in the form of greenhouses. The company invested in greenhouses for state-licensed cannabis and food cultivation.
52GF Score

Get the complete analysis for FRA:P8P

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

€6.40
Price
€5.36
GF Value