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Collins Property Group (JSE:CPP) E10 : R1.08 (As of Aug. 2023)


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What is Collins Property Group 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.

Collins Property Group's adjusted earnings per share data for the fiscal year that ended in Feb. 2023 was R0.006. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R1.08 for the trailing ten years ended in Feb. 2023.

During the past 3 years, the average E10 Growth Rate was -7.20% 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 Collins Property Group was -6.80% per year. The lowest was -7.20% per year. And the median was -7.00% per year.

As of today (2024-05-01), Collins Property Group's current stock price is R 7.45. Collins Property Group's E10 for the fiscal year that ended in Feb. 2023 was R1.08. Collins Property Group's Shiller PE Ratio of today is 6.90.

During the past 13 years, the highest Shiller PE Ratio of Collins Property Group was 13.69. The lowest was 5.70. And the median was 7.71.


Collins Property Group E10 Historical Data

The historical data trend for Collins Property Group'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.

Collins Property Group E10 Chart

Collins Property Group Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 1.35 1.00 1.10 1.08

Collins Property Group Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 - 1.10 - 1.08 -

Competitive Comparison of Collins Property Group's E10

For the Real Estate Services subindustry, Collins Property Group'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.


Collins Property Group's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Collins Property Group's Shiller PE Ratio falls into.



Collins Property Group 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, Collins Property Group's adjusted earnings per share data for the fiscal year that ended in Feb. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Feb. 2023 (Change)*Current CPI (Feb. 2023)
=0.006/146.1010*146.1010
=0.006

Current CPI (Feb. 2023) = 146.1010.

Collins Property Group Annual Data

per_share_eps CPI Adj_EPS
201402 0.822 93.524 1.284
201502 0.901 97.339 1.352
201602 1.704 104.097 2.392
201702 3.838 110.855 5.058
201802 2.039 115.106 2.588
201902 0.966 119.793 1.178
202002 0.457 125.243 0.533
202102 -3.224 128.817 -3.657
202202 0.016 136.109 0.017
202302 0.006 146.101 0.006

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


Collins Property Group  (JSE:CPP) 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.

Collins Property Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.45/1.08
=6.90

* 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 Collins Property Group was 13.69. The lowest was 5.70. And the median was 7.71.


Be Aware

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


Collins Property Group E10 Related Terms

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


Collins Property Group (JSE:CPP) Business Description

Traded in Other Exchanges
N/A
Address
1 Richefond Circle, Ridgeside Office Park, Umhlanga, NL, ZAF, 4319
Collins Property Group Ltd operates as an investment holding company, with interests in real properties, service offices, and financial services. Its activities include the development and management of commercial and residential real estate. It operates through the following segments: Property Austria; Property Namibia; Property rest of Africa; Property South Africa and Other. Its revenue includes rental income, initiation fees, interest income, other fee income and service charges, and revenue from hotel operations.

Collins Property Group (JSE:CPP) Headlines