COPT Defense Properties (FRA:WX7) E10: €0.83 (As of Mar. 2026)


FRA:WX7 COPT Defense Properties FRA:WX7
73 GF Score
Price €32.00
GF Value €24.64
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is COPT Defense Properties E10?

COPT Defense Properties FRA:WX7 +0.63% 73 E10 is €0.83 as of Mar. 2026. GuruFocus rates FRA:WX7 with a GF Score™ of 73/100 and a GF Value™ of €24.64 (Modestly Overvalued). The stock has 11 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.

COPT Defense Properties's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.294. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.83 for the trailing ten years ended in Mar. 2026.

During the past 12 months, COPT Defense Properties's average E10 Growth Rate was -5.80% per year. During the past 3 years, the average E10 Growth Rate was -3.00% per year. During the past 5 years, the average E10 Growth Rate was 11.80% per year. During the past 10 years, the average E10 Growth Rate was 14.00% 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 COPT Defense Properties was 34.90% per year. The lowest was -23.20% per year. And the median was 9.25% per year.

As of today (2026-07-12), COPT Defense Properties's current stock price is €32.00. COPT Defense Properties's E10 for the quarter that ended in Mar. 2026 was €0.83. COPT Defense Properties's Shiller PE Ratio of today is 38.55.

During the past 13 years, the highest Shiller PE Ratio of COPT Defense Properties was 104.53. The lowest was 20.28. And the median was 47.55.


COPT Defense Properties  (FRA:WX7) 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.

COPT Defense Properties's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=32.00/0.83
=38.55

* 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 COPT Defense Properties was 104.53. The lowest was 20.28. And the median was 47.55.


Be Aware

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


COPT Defense Properties E10 Related Terms


COPT Defense Properties E10 Historical Data

* Premium members only.

The historical data trend for COPT Defense 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.

COPT Defense Properties E10 Chart

COPT Defense Properties 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 0.71 0.95 0.79 0.95 0.78

COPT Defense Properties 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 0.94 0.89 0.83 0.78 0.83

FRA:WX7 vs KRC, SLG, CUZ: E10 Comparison

For the REIT - Office subindustry, COPT Defense 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.


COPT Defense Properties Shiller PE Ratio vs REITs Industry

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

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


FRA:WX7
73GF Score
COPT Defense Properties FRA:WX7
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

COPT Defense 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, COPT Defense Properties'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)
=0.294/330.2130*330.2130
=0.294

Current CPI (Mar. 2026) = 330.2130.

COPT Defense Properties Quarterly Data

per share eps CPI Adj_EPS
201606 -0.481 241.018 -0.659
201609 0.223 241.428 0.305
201612 0.209 241.432 0.286
201703 0.168 243.801 0.228
201706 0.071 244.955 0.096
201709 0.176 246.819 0.235
201712 0.084 246.524 0.113
201803 0.138 249.554 0.183
201806 0.163 251.989 0.214
201809 0.154 252.439 0.201
201812 0.138 251.233 0.181
201903 0.168 254.202 0.218
201906 0.841 256.143 1.084
201909 0.173 256.759 0.222
201912 0.342 256.974 0.439
202003 0.190 258.115 0.243
202006 0.186 257.797 0.238
202009 -0.246 260.280 -0.312
202012 0.600 260.474 0.761
202103 -0.050 264.877 -0.062
202106 0.315 271.696 0.383
202109 0.204 274.310 0.246
202112 0.106 278.802 0.126
202203 0.472 287.504 0.542
202206 0.274 296.311 0.305
202209 0.273 296.808 0.304
202212 0.425 296.797 0.473
202303 0.654 301.836 0.715
202306 0.249 305.109 0.269
202309 -1.818 307.789 -1.950
202312 0.275 306.746 0.296
202403 0.267 312.332 0.282
202406 0.288 314.175 0.303
202409 0.288 315.301 0.302
202412 0.296 315.605 0.310
202503 0.287 319.799 0.296
202506 0.295 322.561 0.302
202509 0.315 324.800 0.320
202512 0.282 324.054 0.287
202603 0.294 330.213 0.294

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 €0.83 mean?
COPT Defense Properties (FRA:WX7) has a E10 of €0.83 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on COPT Defense Properties and its competitors.
Is COPT Defense Properties' E10 too high?
COPT Defense Properties' current E10 is €0.83. Overall, COPT Defense Properties has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does COPT Defense Properties' E10 compare to KRC and SLG?
COPT Defense Properties' E10 of €0.83 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 COPT Defense Properties and its competitors. COPT Defense Properties's current E10 is €0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COPT Defense Properties stock overvalued right now?
Based on GuruFocus' analysis, COPT Defense Properties (FRA:WX7) is currently considered Modestly Overvalued. The stock's GF Value™ is €24.64, compared to a current price of €32.00 — trading 29.9% above its estimated fair value. The current E10 is €0.83. COPT Defense Properties' overall GF Score™ is 73/100 with 11 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 COPT Defense Properties (FRA:WX7), the current E10 is €0.83 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 COPT Defense Properties (FRA:WX7) Overvalued in 2026?

Based on GuruFocus' analysis, COPT Defense Properties stock appears to be overvalued. The current stock price of €32.00 is trading 29.9% above its estimated GF Value™ of €24.64. GuruFocus considers COPT Defense Properties to be Modestly Overvalued.

Key valuation signals for FRA:WX7:

  • E10: €0.83
  • GF Value™: €24.64 vs. price of €32.00 (29.9% above fair value)
  • GF Score™: 73/100 with 11 warning signs

No single metric tells the full story. See the FRA:WX7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


COPT Defense Properties Business Description

Industry Real EstateREITs
Other Exchanges CDP:USA
Address 6711 Columbia Gateway Drive, Suite 300, Columbia, MD, USA, 21046
COPT Defense Properties is a fully-integrated and self-managed real estate investment trust (REIT) focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (USG) defense installations and missions. The company has two reportable segments: Defense/IT Portfolio; and Other. Defense/IT Portfolio includes sub-segments such as: Fort George G. Meade and the Baltimore/Washington Corridor (Fort Meade/BW Corridor); Redstone Arsenal in Huntsville, Alabama; Northern Virginia Defense/IT Locations (NoVA Defense/IT); Lackland Air Force Base in San Antonio, Texas; locations serving the U.S. Navy (Navy Support); and data center shells in Northern Virginia.
73GF Score

Get the complete analysis for FRA:WX7

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

€32.00
Price
€24.64
GF Value