GURUFOCUS.COM » STOCK LIST » Europe » Turkey » IST » Ozderici Gayrimenkul Yatirim Ortakligi AS (IST:OZGYO) » Definitions » E10
Switch to:

Ozderici Gayrimenkul Yatirim Ortakligi AS (IST:OZGYO) E10

: ₺0.90 (As of Mar. 2023)
View and export this data going back to 1995. Start your Free Trial

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.

Ozderici Gayrimenkul Yatirim Ortakligi AS's adjusted earnings per share data for the three months ended in Mar. 2023 was ₺0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺0.90 for the trailing ten years ended in Mar. 2023.

As of today (2023-06-06), Ozderici Gayrimenkul Yatirim Ortakligi AS's current stock price is ₺3.99. Ozderici Gayrimenkul Yatirim Ortakligi AS's E10 for the quarter that ended in Mar. 2023 was ₺0.90. Ozderici Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio of today is 4.43.

During the past 13 years, the highest Shiller PE Ratio of Ozderici Gayrimenkul Yatirim Ortakligi AS was 25.40. The lowest was 3.60. And the median was 13.38.


Ozderici Gayrimenkul Yatirim Ortakligi AS E10 Historical Data

The historical data trend for Ozderici 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.

Ozderici Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.10 0.10 0.36 0.88

Ozderici Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
E10 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 Premium Member Only Premium Member Only Premium Member Only 0.37 0.40 0.41 0.88 0.90

Competitive Comparison

For the REIT - Diversified subindustry, Ozderici Gayrimenkul Yatirim Ortakligi AS's E10, along with its competitors' market caps and E10 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.

   

Ozderici Gayrimenkul Yatirim Ortakligi AS E10 Distribution

For the REITs industry and Real Estate sector, Ozderici Gayrimenkul Yatirim Ortakligi AS's E10 distribution charts can be found below:

* The bar in red indicates where Ozderici Gayrimenkul Yatirim Ortakligi AS's E10 falls in comparison to its industry or sector. The grey bar indicates the E10's extreme value range as defined by GuruFocus.



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.04/127.3478*127.3478
=0.040

Current CPI (Mar. 2023) = 127.3478.

Ozderici Gayrimenkul Yatirim Ortakligi AS Quarterly Data

per share eps CPI Adj_EPS
201306 -0.011 98.518 -0.014
201309 -0.015 98.790 -0.019
201312 0.084 98.326 0.109
201403 0.001 99.695 0.001
201406 0.008 100.560 0.010
201409 0.068 100.428 0.086
201412 0.119 99.070 0.153
201503 0.071 99.621 0.091
201506 0.118 100.684 0.149
201509 0.136 100.392 0.173
201512 0.221 99.792 0.282
201603 0.025 100.470 0.032
201606 0.001 101.688 0.001
201609 0.036 101.861 0.045
201612 0.052 101.863 0.065
201703 0.003 102.862 0.004
201706 0.063 103.349 0.078
201709 0.019 104.136 0.023
201712 0.183 104.011 0.224
201803 0.016 105.290 0.019
201806 0.013 106.317 0.016
201809 -0.034 106.507 -0.041
201812 -0.235 105.998 -0.282
201903 0.128 107.251 0.152
201906 -0.028 108.070 -0.033
201909 -0.033 108.329 -0.039
201912 -0.119 108.420 -0.140
202003 -0.016 108.902 -0.019
202006 -0.007 108.767 -0.008
202009 0.004 109.815 0.005
202012 0.064 109.897 0.074
202103 0.010 111.754 0.011
202106 0.021 114.631 0.023
202109 0.027 115.734 0.030
202112 2.417 117.630 2.617
202203 0.052 121.301 0.055
202206 0.121 125.017 0.123
202209 0.083 125.227 0.084
202212 4.744 125.222 4.825
202303 0.040 127.348 0.040

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


Ozderici Gayrimenkul Yatirim Ortakligi AS  (IST:OZGYO) 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.

Ozderici Gayrimenkul Yatirim Ortakligi AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.99/0.9
=4.43

* 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 Ozderici Gayrimenkul Yatirim Ortakligi AS was 25.40. The lowest was 3.60. And the median was 13.38.


Be Aware

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


Ozderici Gayrimenkul Yatirim Ortakligi AS E10 Related Terms

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


Ozderici Gayrimenkul Yatirim Ortakligi AS (IST:OZGYO) Business Description

Ozderici Gayrimenkul Yatirim Ortakligi AS logo
Traded in Other Exchanges
N/A
Address
Buyukdere Street Building Loan Plaza C Block, Floor 9, Levent, Istanbul, TUR, 34330
Ozderici Gayrimenkul Yatirim Ortakligi AS is a Turkey-based real estate investment trust involved in the real estate development projects. The projects of the company include Nuvo Dragos, Zeytinburnu Akevler Siteleri, Akatlar Ozderici Bloklari, Yapi Kredi Plaza'da Ofis and Bayrampasa 5 Adet Is Merkezi.

Ozderici Gayrimenkul Yatirim Ortakligi AS (IST:OZGYO) Headlines

No Headlines