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Oasis Crescent Property Fund (JSE:OAS) E10 : R2.35 (As of Mar. 2024)


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What is Oasis Crescent Property Fund 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.

Oasis Crescent Property Fund's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was R4.272. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R2.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Oasis Crescent Property Fund's average E10 Growth Rate was 16.90% per year. During the past 3 years, the average E10 Growth Rate was 10.10% per year. During the past 5 years, the average E10 Growth Rate was 5.20% 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 Oasis Crescent Property Fund was 10.10% per year. The lowest was -2.00% per year. And the median was 3.70% per year.

As of today (2024-06-07), Oasis Crescent Property Fund's current stock price is R 19.50. Oasis Crescent Property Fund's E10 for the fiscal year that ended in Mar. 2024 was R2.35. Oasis Crescent Property Fund's Shiller PE Ratio of today is 8.30.

During the past 13 years, the highest Shiller PE Ratio of Oasis Crescent Property Fund was 13.24. The lowest was 8.40. And the median was 11.22.


Oasis Crescent Property Fund E10 Historical Data

The historical data trend for Oasis Crescent Property Fund'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.

Oasis Crescent Property Fund E10 Chart

Oasis Crescent Property Fund Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 1.76 1.98 2.01 2.35

Oasis Crescent Property Fund Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 1.98 - 2.01 - 2.35

Competitive Comparison of Oasis Crescent Property Fund's E10

For the REIT - Diversified subindustry, Oasis Crescent Property Fund'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.


Oasis Crescent Property Fund's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Oasis Crescent Property Fund's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Oasis Crescent Property Fund's Shiller PE Ratio falls into.



Oasis Crescent Property Fund 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, Oasis Crescent Property Fund's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.272/155.4180*155.4180
=4.272

Current CPI (Mar. 2024) = 155.4180.

Oasis Crescent Property Fund Annual Data

per_share_eps CPI Adj_EPS
201503 1.487 98.538 2.345
201603 1.709 104.969 2.530
201703 1.403 111.400 1.957
201803 2.034 115.542 2.736
201903 2.529 120.774 3.254
202003 0.756 125.679 0.935
202103 1.562 129.628 1.873
202203 2.981 137.594 3.367
202303 0.193 147.586 0.203
202403 4.272 155.418 4.272

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


Oasis Crescent Property Fund  (JSE:OAS) 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.

Oasis Crescent Property Fund's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=19.50/2.35
=8.30

* 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 Oasis Crescent Property Fund was 13.24. The lowest was 8.40. And the median was 11.22.


Be Aware

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


Oasis Crescent Property Fund E10 Related Terms

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


Oasis Crescent Property Fund (JSE:OAS) Business Description

Traded in Other Exchanges
N/A
Address
96 Upper Roodebloem Road, Oasis House, University Estate, Cape Town, WC, ZAF, 7925
Oasis Crescent Property Fund is a closed-ended REIT property fund established to provide sustainable income and real returns to investors by investing in shares of companies, collective investment schemes, and real estate investment trusts. The Fund operates in the following primary business segments such as Office - comprising office buildings and office parking, Industrial - industrial buildings such as warehouses and factories, Retail - comprising retail outlets, Investments - comprising financial assets at fair value through profit or loss, other financial assets at fair value through profit or loss, other short-term financial assets at fair value through profit or loss, other receivables and cash and cash equivalents.

Oasis Crescent Property Fund (JSE:OAS) Headlines

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