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

Nurol Gayrimenkul Yatirim Ortakligi AS (IST:NUGYO) E10 : ₺-0.60 (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Nurol 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.

Nurol Gayrimenkul Yatirim Ortakligi AS's adjusted earnings per share data for the three months ended in Dec. 2023 was ₺2.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺-0.60 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 6.80% 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 Nurol Gayrimenkul Yatirim Ortakligi AS was 6.80% per year. The lowest was 6.80% per year. And the median was 6.80% per year.

As of today (2024-04-28), Nurol Gayrimenkul Yatirim Ortakligi AS's current stock price is ₺7.84. Nurol Gayrimenkul Yatirim Ortakligi AS's E10 for the quarter that ended in Dec. 2023 was ₺-0.60. Nurol Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio of today is .


Nurol Gayrimenkul Yatirim Ortakligi AS E10 Historical Data

The historical data trend for Nurol 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.

Nurol Gayrimenkul Yatirim Ortakligi AS E10 Chart

Nurol Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.74 -0.83 -0.86 -0.60

Nurol Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -0.86 -0.90 -0.86 -0.85 -0.60

Competitive Comparison of Nurol Gayrimenkul Yatirim Ortakligi AS's E10

For the REIT - Diversified subindustry, Nurol 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.


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

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

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



Nurol 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, Nurol Gayrimenkul Yatirim Ortakligi AS's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.18/129.4194*129.4194
=2.180

Current CPI (Dec. 2023) = 129.4194.

Nurol Gayrimenkul Yatirim Ortakligi AS Quarterly Data

per share eps CPI Adj_EPS
201403 -0.418 99.695 -0.543
201406 -0.049 100.560 -0.063
201409 -0.041 100.428 -0.053
201412 -0.698 99.070 -0.912
201503 -0.455 99.621 -0.591
201506 -1.229 100.684 -1.580
201509 -1.663 100.392 -2.144
201512 0.707 99.792 0.917
201603 1.986 100.470 2.558
201606 -0.139 101.688 -0.177
201609 -0.109 101.861 -0.138
201612 0.802 101.863 1.019
201703 -0.243 102.862 -0.306
201706 0.298 103.349 0.373
201709 0.039 104.136 0.048
201712 0.044 104.011 0.055
201803 -0.194 105.290 -0.238
201806 -1.137 106.317 -1.384
201809 -2.256 106.507 -2.741
201812 0.638 105.998 0.779
201903 -1.198 107.251 -1.446
201906 -0.915 108.070 -1.096
201909 -0.465 108.329 -0.556
201912 -0.254 108.420 -0.303
202003 -0.404 108.902 -0.480
202006 -0.209 108.767 -0.249
202009 -0.260 109.815 -0.306
202012 0.003 109.897 0.004
202103 -0.091 111.754 -0.105
202106 -0.160 114.631 -0.181
202109 -0.027 115.734 -0.030
202112 -0.060 117.630 -0.066
202203 0.036 121.301 0.038
202206 0.546 125.017 0.565
202209 0.201 125.227 0.208
202212 0.818 125.222 0.845
202303 0.033 127.348 0.034
202306 0.115 128.729 0.116
202309 -0.060 129.860 -0.060
202312 2.180 129.419 2.180

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


Nurol Gayrimenkul Yatirim Ortakligi AS  (IST:NUGYO) 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.


Nurol Gayrimenkul Yatirim Ortakligi AS E10 Related Terms

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


Nurol Gayrimenkul Yatirim Ortakligi AS (IST:NUGYO) Business Description

Traded in Other Exchanges
N/A
Address
Nurol Plaza Kat:19, Buyukdere Cad. No:257, Sisli, Maslak, Istanbul, TUR, 34498
Nurol Gayrimenkul Yatirim Ortakligi A.S. is a real estate investment trust. Its main activities include creating the partnership portfolio, and changing it when necessary; distributing the risks involved; observing the stock exchange market.

Nurol Gayrimenkul Yatirim Ortakligi AS (IST:NUGYO) Headlines

No Headlines