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Growthpoint Properties Australia (Growthpoint Properties Australia) E10 : $0.34 (As of Dec. 2023)


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What is Growthpoint Properties Australia 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.

Growthpoint Properties Australia's adjusted earnings per share data for the fiscal year that ended in Jun. 2023 was $-0.215. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.34 for the trailing ten years ended in Jun. 2023.

During the past 3 years, the average E10 Growth Rate was 7.30% 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 Growthpoint Properties Australia was 9.60% per year. The lowest was 7.30% per year. And the median was 8.45% per year.

As of today (2024-05-15), Growthpoint Properties Australia's current stock price is $ 2.04. Growthpoint Properties Australia's E10 for the fiscal year that ended in Jun. 2023 was $0.34. Growthpoint Properties Australia's Shiller PE Ratio of today is 6.00.

During the past 13 years, the highest Shiller PE Ratio of Growthpoint Properties Australia was 11.76. The lowest was 4.43. And the median was 8.62.


Growthpoint Properties Australia E10 Historical Data

The historical data trend for Growthpoint Properties Australia'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.

Growthpoint Properties Australia E10 Chart

Growthpoint Properties Australia Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.24 0.22 - 0.34

Growthpoint Properties Australia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - 0.34 -

Competitive Comparison of Growthpoint Properties Australia's E10

For the REIT - Diversified subindustry, Growthpoint Properties Australia'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.


Growthpoint Properties Australia's Shiller PE Ratio Distribution in the REITs Industry

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

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



Growthpoint Properties Australia 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, Growthpoint Properties Australia's adjusted earnings per share data for the fiscal year that ended in Jun. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-0.215/124.1700*124.1700
=-0.215

Current CPI (Jun. 2023) = 124.1700.

Growthpoint Properties Australia Annual Data

per_share_eps CPI Adj_EPS
201406 0.240 98.352 0.303
201506 0.388 99.838 0.483
201606 0.287 100.859 0.353
201706 0.322 102.809 0.389
201806 0.400 104.945 0.473
201906 0.367 106.617 0.427
202006 0.244 106.246 0.285
202106 0.547 110.332 0.616
202206 0.417 117.112 0.442
202306 -0.215 124.170 -0.215

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


Growthpoint Properties Australia  (OTCPK:GRWPF) 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.

Growthpoint Properties Australia's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.04/0.34
=6.00

* 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 Growthpoint Properties Australia was 11.76. The lowest was 4.43. And the median was 8.62.


Be Aware

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


Growthpoint Properties Australia E10 Related Terms

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


Growthpoint Properties Australia (Growthpoint Properties Australia) Business Description

Traded in Other Exchanges
Address
Level 18, 101 Collins Street, Melbourne, VIC, AUS, 3000
Growthpoint Properties is an internally managed Australian REIT, with commercial property investments split circa 65/35 between Australian office and industrial assets. Historically the REIT did not undertake funds management activities but it purchased fund manager Fortius in September 2022. The REIT usually limits speculative property development, though it built an office development in suburban Melbourne. The asset was completely vacant on completion, but Growthpoint was able to attract tenants and it is now occupied.

Growthpoint Properties Australia (Growthpoint Properties Australia) Headlines

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