GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) » Definitions » E10

Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) E10 : ₺-0.07 (As of Mar. 2022)


View and export this data going back to 2010. Start your Free Trial

What is Marti Gayrimenkul Yatirim Ortakligi AS 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.

Marti Gayrimenkul Yatirim Ortakligi AS's adjusted earnings per share data for the three months ended in Mar. 2022 was ₺0.656. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺-0.07 for the trailing ten years ended in Mar. 2022.

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.

As of today (2024-05-16), Marti Gayrimenkul Yatirim Ortakligi AS's current stock price is ₺6.48. Marti Gayrimenkul Yatirim Ortakligi AS's E10 for the quarter that ended in Mar. 2022 was ₺-0.07. Marti Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio of today is .


Marti Gayrimenkul Yatirim Ortakligi AS E10 Historical Data

The historical data trend for Marti Gayrimenkul Yatirim Ortakligi AS'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.

Marti Gayrimenkul Yatirim Ortakligi AS E10 Chart

Marti Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.11 -0.07

Marti Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -0.11 -0.11 -0.11 -0.14 -0.07

Competitive Comparison of Marti Gayrimenkul Yatirim Ortakligi AS's E10

For the REIT - Diversified subindustry, Marti Gayrimenkul Yatirim Ortakligi AS'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.


Marti Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Marti Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Marti Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio falls into.



Marti Gayrimenkul Yatirim Ortakligi AS 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, Marti Gayrimenkul Yatirim Ortakligi AS's adjusted earnings per share data for the three months ended in Mar. 2022 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=0.656/121.3010*121.3010
=0.656

Current CPI (Mar. 2022) = 121.3010.

Marti Gayrimenkul Yatirim Ortakligi AS Quarterly Data

per share eps CPI Adj_EPS
201206 -0.008 96.819 -0.010
201209 0.007 97.633 0.009
201212 0.012 96.871 0.015
201303 -0.001 98.209 -0.001
201306 -0.052 98.518 -0.064
201309 -0.038 98.790 -0.047
201312 -0.058 98.326 -0.072
201403 0.247 99.695 0.301
201406 0.029 100.560 0.035
201409 -0.033 100.428 -0.040
201412 -0.005 99.070 -0.006
201503 1.569 99.621 1.910
201506 -0.008 100.684 -0.010
201509 -0.022 100.392 -0.027
201512 0.145 99.792 0.176
201603 -1.122 100.470 -1.355
201606 -0.023 101.688 -0.027
201609 -0.008 101.861 -0.010
201612 -0.139 101.863 -0.166
201703 -0.620 102.862 -0.731
201706 0.044 103.349 0.052
201709 -0.007 104.136 -0.008
201712 -0.028 104.011 -0.033
201803 -0.442 105.290 -0.509
201806 -0.087 106.317 -0.099
201809 -0.112 106.507 -0.128
201812 0.007 105.998 0.008
201903 -0.374 107.251 -0.423
201906 0.040 108.070 0.045
201909 -0.013 108.329 -0.015
201912 0.008 108.420 0.009
202003 0.104 108.902 0.116
202006 -0.093 108.767 -0.104
202009 -0.249 109.815 -0.275
202012 0.032 109.897 0.035
202103 0.359 111.754 0.390
202106 0.001 114.631 0.001
202109 0.067 115.734 0.070
202112 -0.307 117.630 -0.317
202203 0.656 121.301 0.656

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


Marti Gayrimenkul Yatirim Ortakligi AS  (IST:MRGYO) 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.


Be Aware

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


Marti Gayrimenkul Yatirim Ortakligi AS E10 Related Terms

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


Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) Business Description

Traded in Other Exchanges
N/A
Address
Inonu Cad Devred Han, Number 50/4 Gumussuyu, Beyoglu, Istanbul, TUR
Marti Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust. The company invests in real estates, capital market instruments based on real estates, real estate projects and property rights.

Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) Headlines

No Headlines