LADR (Ladder Capital) E10: $1.08 (As of Mar. 2026)


LADR Ladder Capital Corp LADR
57 GF Score
Price $10.32
GF Value $10.28
Valuation Fairly Valued
! 7 Warning Signs
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What is Ladder Capital E10?

Ladder Capital LADR +1.43% 57 E10 is $1.08 as of Mar. 2026. GuruFocus rates LADR with a GF Score™ of 57/100 and a GF Value™ of $10.28 (Fairly Valued). The stock has 7 warning signs investors should review.

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.

Ladder Capital's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.08 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ladder Capital's average E10 Growth Rate was -6.90% per year. During the past 3 years, the average E10 Growth Rate was -11.80% 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 Ladder Capital was -11.80% per year. The lowest was -11.80% per year. And the median was -11.80% per year.

As of today (2026-06-26), Ladder Capital's current stock price is $10.315. Ladder Capital's E10 for the quarter that ended in Mar. 2026 was $1.08. Ladder Capital's Shiller PE Ratio of today is 9.55.

During the past 13 years, the highest Shiller PE Ratio of Ladder Capital was 10.83. The lowest was 5.71. And the median was 9.39.


Ladder Capital  (NYSE:LADR) 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.

Ladder Capital's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.315/1.08
=9.55

* 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 Ladder Capital was 10.83. The lowest was 5.71. And the median was 9.39.


Be Aware

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


Ladder Capital E10 Related Terms


Ladder Capital E10 Historical Data

* Premium members only.

The historical data trend for Ladder Capital'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.

Ladder Capital E10 Chart

Ladder Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.53 1.14 1.15 1.05

Ladder Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.16 1.09 1.11 1.05 1.08

LADR vs TWO, ORC, ARI: E10 Comparison

For the REIT - Mortgage subindustry, Ladder Capital'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.


Ladder Capital Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Ladder Capital's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ladder Capital's Shiller PE Ratio falls into.


LADR
57GF Score
Ladder Capital Corp LADR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ladder Capital 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, Ladder Capital's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.02/330.2130*330.2130
=0.020

Current CPI (Mar. 2026) = 330.2130.

Ladder Capital Quarterly Data

per share eps CPI Adj_EPS
201606 0.050 241.018 0.069
201609 0.440 241.428 0.602
201612 0.585 241.432 0.800
201703 0.180 243.801 0.244
201706 0.260 244.955 0.350
201709 0.280 246.819 0.375
201712 0.410 246.524 0.549
201803 0.530 249.554 0.701
201806 0.400 251.989 0.524
201809 0.670 252.439 0.876
201812 0.230 251.233 0.302
201903 0.210 254.202 0.273
201906 0.300 256.143 0.387
201909 0.260 256.759 0.334
201912 0.380 256.974 0.488
202003 -0.150 258.115 -0.192
202006 -0.040 257.797 -0.051
202009 0.140 260.280 0.178
202012 -0.110 260.474 -0.139
202103 0.002 264.877 0.002
202106 0.080 271.696 0.097
202109 0.150 274.310 0.181
202112 0.220 278.802 0.261
202203 0.150 287.504 0.172
202206 0.280 296.311 0.312
202209 0.230 296.808 0.256
202212 0.480 296.797 0.534
202303 0.180 301.836 0.197
202306 0.230 305.109 0.249
202309 0.250 307.789 0.268
202312 0.150 306.746 0.161
202403 0.130 312.332 0.137
202406 0.260 314.175 0.273
202409 0.220 315.301 0.230
202412 0.250 315.605 0.262
202503 0.090 319.799 0.093
202506 0.140 322.561 0.143
202509 0.150 324.800 0.152
202512 0.130 324.054 0.132
202603 0.020 330.213 0.020

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of $1.08 mean?
Ladder Capital (LADR) has a E10 of $1.08 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ladder Capital and its competitors.
Is Ladder Capital's E10 too high?
Ladder Capital's current E10 is $1.08. Overall, Ladder Capital has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ladder Capital's E10 compare to TWO and ORC?
Ladder Capital's E10 of $1.08 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a REITs company?
A good E10 depends on the REITs industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ladder Capital and its competitors. Ladder Capital's current E10 is $1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ladder Capital stock overvalued right now?
Based on GuruFocus' analysis, Ladder Capital (LADR) is currently considered Fairly Valued. The stock's GF Value™ is $10.28, compared to a current price of $10.32 — trading 0.3% above its estimated fair value. The current E10 is $1.08. Ladder Capital's overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Ladder Capital (LADR), the current E10 is $1.08 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ladder Capital (LADR) Overvalued in 2026?

Based on GuruFocus' analysis, Ladder Capital stock appears to be overvalued. The current stock price of $10.32 is trading 0.3% above its estimated GF Value™ of $10.28. GuruFocus considers Ladder Capital to be Fairly Valued.

Key valuation signals for LADR:

  • E10: $1.08
  • GF Value™: $10.28 vs. price of $10.32 (0.3% above fair value)
  • GF Score™: 57/100 with 7 warning signs

No single metric tells the full story. See the LADR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ladder Capital Business Description

Industry Real EstateREITs
Other Exchanges 0JSZ:UKLD1A:Germany
Address 320 Park Avenue, 15th Floor, New York, NY, USA, 10022
Ladder Capital Corp is an internally-managed real estate investment trust that is in commercial real estate finance. The company originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. The company's investment activities include: (i) Primary business of originating senior first mortgage fixed and floating rate loans collateralized by commercial real estate with flexible loan structures; (ii) owning and operating commercial real estate, including net leased commercial properties; and (iii) investing in investment-grade securities secured by first mortgage loans on commercial real estate. The company has three reportable segments: Loans, which derive maximum revenue; Securities; and Real Estate.
57GF Score

Get the complete analysis for LADR

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.32
Price
$10.28
GF Value