GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Centerspace (FRA:WXC1) » Definitions » E10

Centerspace (FRA:WXC1) E10 : €2.65 (As of Dec. 2024)


View and export this data going back to . Start your Free Trial

What is Centerspace 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.

Centerspace's adjusted earnings per share data for the three months ended in Dec. 2024 was €-0.296. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.65 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Centerspace's average E10 Growth Rate was 13.20% per year. During the past 3 years, the average E10 Growth Rate was 3.90% per year. During the past 10 years, the average E10 Growth Rate was 7.40% 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 Centerspace was 21.80% per year. The lowest was -18.80% per year. And the median was -4.60% per year.

As of today (2025-03-14), Centerspace's current stock price is €57.50. Centerspace's E10 for the quarter that ended in Dec. 2024 was €2.65. Centerspace's Shiller PE Ratio of today is 21.70.

During the past 13 years, the highest Shiller PE Ratio of Centerspace was 63.18. The lowest was 16.93. And the median was 28.25.


Centerspace E10 Historical Data

The historical data trend for Centerspace'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.

Centerspace E10 Chart

Centerspace Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 2.20 2.24 2.28 2.65

Centerspace 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 2.28 2.30 2.66 2.58 2.65

Competitive Comparison of Centerspace's E10

For the REIT - Residential subindustry, Centerspace'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.


Centerspace's Shiller PE Ratio Distribution in the REITs Industry

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

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



Centerspace 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, Centerspace'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)
=-0.296/133.1571*133.1571
=-0.296

Current CPI (Dec. 2024) = 133.1571.

Centerspace Quarterly Data

per share eps CPI Adj_EPS
201501 0.431 98.604 0.582
201504 0.647 99.824 0.863
201507 0.091 100.691 0.120
201510 0.980 100.346 1.300
201601 2.763 99.957 3.681
201604 0.617 100.947 0.814
201607 -1.810 101.524 -2.374
201610 0.636 101.988 0.830
201701 1.504 102.456 1.955
201704 2.146 103.167 2.770
201707 -0.954 103.278 -1.230
201710 0.426 104.070 0.545
201801 9.184 104.578 11.694
201804 -1.549 105.708 -1.951
201807 0.086 106.324 0.108
201810 -0.435 106.695 -0.543
201903 -0.478 107.251 -0.593
201906 0.097 108.070 0.120
201909 2.306 108.329 2.835
201912 3.501 108.420 4.300
202003 -0.624 108.902 -0.763
202006 -0.391 108.767 -0.479
202009 1.172 109.815 1.421
202012 -0.378 109.897 -0.458
202103 -0.412 111.754 -0.491
202106 1.228 114.631 1.426
202109 -0.672 115.734 -0.773
202112 -0.540 117.630 -0.611
202203 -0.617 121.301 -0.677
202206 -0.284 125.017 -0.302
202209 -0.141 125.227 -0.150
202212 -0.227 125.222 -0.241
202303 2.578 127.348 2.696
202306 -0.212 128.729 -0.219
202309 0.384 129.860 0.394
202312 -0.596 129.419 -0.613
202403 -0.340 131.776 -0.344
202406 -0.177 132.554 -0.178
202409 -0.360 133.029 -0.360
202412 -0.296 133.157 -0.296

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


Centerspace  (FRA:WXC1) 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.

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

Shiller PE Ratio=Share Price/E10
=57.50/2.65
=21.70

* 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 Centerspace was 63.18. The lowest was 16.93. And the median was 28.25.


Be Aware

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


Centerspace E10 Related Terms

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


Centerspace Business Description

Traded in Other Exchanges
Address
3100 10th Street SW, Post Office Box 1988, Minot, ND, USA, 58702-1988
Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, acquisitions, redevelopment, and development of apartment communities. The company operates through a single reportable segment which includes the ownership, management, development, redevelopment, and acquisition of apartment communities and they conduct their corporate operations from offices in Minot, North Dakota and Minneapolis, Minnesota.

Centerspace Headlines

No Headlines