American Homes 4 Rent (LTS:0HEJ) E10: $0.61 (As of Jun. 2026)

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LTS:0HEJ American Homes 4 Rent LTS:0HEJ
83 GF Score
Price $34.27
GF Value $39.33
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is American Homes 4 Rent E10?

American Homes 4 Rent LTS:0HEJ +1.94% 83 E10 is $0.61 as of Jun. 2026. GuruFocus rates LTS:0HEJ with a GF Score™ of 83/100 and a GF Value™ of $39.33 (Modestly Undervalued). The stock has 8 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.

American Homes 4 Rent's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.61 for the trailing ten years ended in Jun. 2026.

During the past 12 months, American Homes 4 Rent's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 270.80% 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 American Homes 4 Rent was 270.80% per year. The lowest was 270.80% per year. And the median was 270.80% per year.

As of today (2026-08-04), American Homes 4 Rent's current stock price is $34.2727. American Homes 4 Rent's E10 for the quarter that ended in Jun. 2026 was $0.61. American Homes 4 Rent's Shiller PE Ratio of today is 56.18.

During the past 13 years, the highest Shiller PE Ratio of American Homes 4 Rent was 3461.00. The lowest was 51.93. And the median was 139.25.


American Homes 4 Rent  (LTS:0HEJ) 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.

American Homes 4 Rent's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=34.2727/0.61
=56.18

* 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 American Homes 4 Rent was 3461.00. The lowest was 51.93. And the median was 139.25.


Be Aware

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


American Homes 4 Rent E10 Related Terms


American Homes 4 Rent E10 Historical Data

* Premium members only.

The historical data trend for American Homes 4 Rent'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.

American Homes 4 Rent E10 Chart

American Homes 4 Rent 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 -0.07 0.01 0.17 0.33 0.51

American Homes 4 Rent Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.41 0.46 0.51 0.56 0.61

LTS:0HEJ vs CPT, ELS, UDR: E10 Comparison

For the REIT - Residential subindustry, American Homes 4 Rent'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.


American Homes 4 Rent Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, American Homes 4 Rent's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where American Homes 4 Rent's Shiller PE Ratio falls into.


LTS:0HEJ
83GF Score
American Homes 4 Rent LTS:0HEJ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

American Homes 4 Rent 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, American Homes 4 Rent's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.31/333.9520*333.9520
=0.310

Current CPI (Jun. 2026) = 333.9520.

American Homes 4 Rent Quarterly Data

per share eps CPI Adj_EPS
201609 -0.090 241.428 -0.124
201612 -0.010 241.432 -0.014
201703 -0.010 243.801 -0.014
201706 -0.001 244.955 -0.001
201709 -0.004 246.819 -0.005
201712 -0.080 246.524 -0.108
201803 0.020 249.554 0.027
201806 -0.050 251.989 -0.066
201809 0.050 252.439 0.066
201812 0.060 251.233 0.080
201903 0.050 254.202 0.066
201906 0.080 256.143 0.104
201909 0.080 256.759 0.104
201912 0.080 256.974 0.104
202003 0.070 258.115 0.091
202006 0.050 257.797 0.065
202009 0.070 260.280 0.090
202012 0.090 260.474 0.115
202103 0.090 264.877 0.113
202106 0.060 271.696 0.074
202109 0.110 274.310 0.134
202112 0.140 278.802 0.168
202203 0.160 287.504 0.186
202206 0.160 296.311 0.180
202209 0.140 296.808 0.158
202212 0.250 296.797 0.281
202303 0.320 301.836 0.354
202306 0.270 305.109 0.296
202309 0.200 307.789 0.217
202312 0.210 306.746 0.229
202403 0.300 312.332 0.321
202406 0.250 314.175 0.266
202409 0.200 315.301 0.212
202412 0.330 315.605 0.349
202503 0.300 319.799 0.313
202506 0.280 322.561 0.290
202509 0.270 324.800 0.278
202512 0.330 324.054 0.340
202603 0.350 330.213 0.354
202606 0.310 333.952 0.310

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 $0.61 mean?
American Homes 4 Rent (LTS:0HEJ) has a E10 of $0.61 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on American Homes 4 Rent and its competitors.
Is American Homes 4 Rent's E10 too high?
American Homes 4 Rent's current E10 is $0.61. Overall, American Homes 4 Rent has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does American Homes 4 Rent's E10 compare to CPT and ELS?
American Homes 4 Rent's E10 of $0.61 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 American Homes 4 Rent and its competitors. American Homes 4 Rent's current E10 is $0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Homes 4 Rent stock overvalued right now?
Based on GuruFocus' analysis, American Homes 4 Rent (LTS:0HEJ) is currently considered Modestly Undervalued. The stock's GF Value™ is $39.33, compared to a current price of $34.27 — trading 12.9% below its estimated fair value. The current E10 is $0.61. American Homes 4 Rent's overall GF Score™ is 83/100 with 8 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 American Homes 4 Rent (LTS:0HEJ), the current E10 is $0.61 as of Jun. 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 American Homes 4 Rent (LTS:0HEJ) Overvalued in 2026?

Based on GuruFocus' analysis, American Homes 4 Rent stock appears to be undervalued. The current stock price of $34.27 is trading 12.9% below its estimated GF Value™ of $39.33. GuruFocus considers American Homes 4 Rent to be Modestly Undervalued.

Key valuation signals for LTS:0HEJ:

  • E10: $0.61
  • GF Value™: $39.33 vs. price of $34.27 (12.9% below fair value)
  • GF Score™: 83/100 with 8 warning signs

No single metric tells the full story. See the LTS:0HEJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


American Homes 4 Rent Business Description

Industry Real EstateREITs
Address 280 Pilot Road, Las Vegas, NV, USA, 89119
American Homes 4 Rent is a real estate investment trust focused on acquiring, operating, and leasing single-family homes as rental properties throughout the United States. The company's real estate portfolio is largely comprised of single-family properties in urban markets in the Southern and Midwestern regions of the U.S. American Homes 4 Rent's land holdings also represent a sizable percentage of its total assets in terms of value. The company derives the vast majority of its income in the form of rental revenue from single-family properties through short-term or annual leases. The firm's geographical markets include Dallas, Texas; Indianapolis, Indiana; Atlanta, Georgia; and Charlotte, North Carolina in terms of the number of properties in each.
83GF Score

Get the complete analysis for LTS:0HEJ

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

$34.27
Price
$39.33
GF Value