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Elme Communities (FRA:WRI) E10 : €0.85 (As of Dec. 2024)


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What is Elme Communities 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.

Elme Communities's adjusted earnings per share data for the three months ended in Dec. 2024 was €-0.029. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.85 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Elme Communities's average E10 Growth Rate was -17.70% per year. During the past 3 years, the average E10 Growth Rate was -8.70% per year. During the past 5 years, the average E10 Growth Rate was -6.70% per year. During the past 10 years, the average E10 Growth Rate was 0.60% 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 Elme Communities was 10.20% per year. The lowest was -8.70% per year. And the median was 2.05% per year.

As of today (2025-03-18), Elme Communities's current stock price is €15.70. Elme Communities's E10 for the quarter that ended in Dec. 2024 was €0.85. Elme Communities's Shiller PE Ratio of today is 18.47.

During the past 13 years, the highest Shiller PE Ratio of Elme Communities was 33.44. The lowest was 11.03. And the median was 20.76.


Elme Communities E10 Historical Data

The historical data trend for Elme Communities'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.

Elme Communities E10 Chart

Elme Communities 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 1.04 1.06 1.14 1.01 0.85

Elme Communities Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.01 0.86 0.87 0.82 0.85

Competitive Comparison of Elme Communities's E10

For the REIT - Residential subindustry, Elme Communities'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.


Elme Communities's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Elme Communities's Shiller PE Ratio falls into.



Elme Communities 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, Elme Communities's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.029/133.1571*133.1571
=-0.029

Current CPI (Dec. 2024) = 133.1571.

Elme Communities Quarterly Data

per share eps CPI Adj_EPS
201503 0.397 99.621 0.531
201506 -0.036 100.684 -0.048
201509 0.009 100.392 0.012
201512 0.835 99.792 1.114
201603 0.027 100.470 0.036
201606 0.392 101.688 0.513
201609 0.953 101.861 1.246
201612 0.066 101.863 0.086
201703 0.084 102.862 0.109
201706 0.089 103.349 0.115
201709 0.034 104.136 0.043
201712 0.025 104.011 0.032
201803 0.032 105.290 0.040
201806 0.111 106.317 0.139
201809 0.060 106.507 0.075
201812 0.062 105.998 0.078
201903 -0.053 107.251 -0.066
201906 0.009 108.070 0.011
201909 3.759 108.329 4.621
201912 0.594 108.420 0.730
202003 0.018 108.902 0.022
202006 -0.062 108.767 -0.076
202009 -0.008 109.815 -0.010
202012 -0.107 109.897 -0.130
202103 -0.017 111.754 -0.020
202106 -0.066 114.631 -0.077
202109 0.315 115.734 0.362
202112 -0.071 117.630 -0.080
202203 -0.082 121.301 -0.090
202206 -0.095 125.017 -0.101
202209 -0.121 125.227 -0.129
202212 -0.038 125.222 -0.040
202303 -0.037 127.348 -0.039
202306 -0.028 128.729 -0.029
202309 -0.469 129.860 -0.481
202312 -0.037 129.419 -0.038
202403 -0.037 131.776 -0.037
202406 -0.037 132.554 -0.037
202409 -0.027 133.029 -0.027
202412 -0.029 133.157 -0.029

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


Elme Communities  (FRA:WRI) 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.

Elme Communities's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.70/0.85
=18.47

* 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 Elme Communities was 33.44. The lowest was 11.03. And the median was 20.76.


Be Aware

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


Elme Communities E10 Related Terms

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


Elme Communities Business Description

Traded in Other Exchanges
Address
7550 Wisconsin Avenue, Suite 900, Bethesda, MD, USA, 20814
Elme Communities is a real estate investment trust engaged in owning and operating properties in the greater Washington DC metropolitan area. The company's real estate portfolio is comprised of office, retail, and multifamily properties located near transportation nodes. Washington REIT derives nearly all of its income in the form of rental revenue from tenants organized into long-term leases. The company's office assets contribute the majority of this income, while the rest is split fairly evenly between its retail and multifamily locations. Washington REIT's tenants are banking, consulting, law, and financial services firms.