Balkan and Sea Properties Reit-Varna (LTS:0HZU) E10: лв0.13 (As of Mar. 2026)


LTS:0HZU Balkan and Sea Properties Reit-Varna LTS:0HZU
54 GF Score
Price лв17.00
GF Value лв195.33
! 6 Warning Signs
View Full Analysis

What is Balkan and Sea Properties Reit-Varna E10?

Balkan and Sea Properties Reit-Varna LTS:0HZU 54 E10 is лв0.13 as of Mar. 2026. GuruFocus rates LTS:0HZU with a GF Score™ of 54/100 and a GF Value™ of лв195.33. The stock has 6 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.

Balkan and Sea Properties Reit-Varna's adjusted earnings per share data for the three months ended in Mar. 2026 was лв-0.059. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is лв0.13 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 26.00% 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 Balkan and Sea Properties Reit-Varna was 71.00% per year. The lowest was 26.00% per year. And the median was 48.50% per year.

As of today (2026-07-06), Balkan and Sea Properties Reit-Varna's current stock price is лв17.00. Balkan and Sea Properties Reit-Varna's E10 for the quarter that ended in Mar. 2026 was лв0.13. Balkan and Sea Properties Reit-Varna's Shiller PE Ratio of today is 130.77.

During the past 13 years, the highest Shiller PE Ratio of Balkan and Sea Properties Reit-Varna was 1893.18. The lowest was 122.29. And the median was 325.71.


Balkan and Sea Properties Reit-Varna  (LTS:0HZU) 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.

Balkan and Sea Properties Reit-Varna's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=17.00/0.13
=130.77

* 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 Balkan and Sea Properties Reit-Varna was 1893.18. The lowest was 122.29. And the median was 325.71.


Be Aware

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


Balkan and Sea Properties Reit-Varna E10 Related Terms


Balkan and Sea Properties Reit-Varna E10 Historical Data

* Premium members only.

The historical data trend for Balkan and Sea Properties Reit-Varna'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.

Balkan and Sea Properties Reit-Varna E10 Chart

Balkan and Sea Properties Reit-Varna 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 0.02 0.04 0.05 0.07 0.07

Balkan and Sea Properties Reit-Varna 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 0.07 0.08 0.08 0.07 0.13

LTS:0HZU vs VICI, WPC: E10 Comparison

For the REIT - Diversified subindustry, Balkan and Sea Properties Reit-Varna'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.


Balkan and Sea Properties Reit-Varna Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Balkan and Sea Properties Reit-Varna's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Balkan and Sea Properties Reit-Varna's Shiller PE Ratio falls into.


LTS:0HZU
54GF Score
Balkan and Sea Properties Reit-Varna LTS:0HZU
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balkan and Sea Properties Reit-Varna 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, Balkan and Sea Properties Reit-Varna'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)
=-0.059/330.2130*330.2130
=-0.059

Current CPI (Mar. 2026) = 330.2130.

Balkan and Sea Properties Reit-Varna Quarterly Data

per share eps CPI Adj_EPS
201606 -0.043 241.018 -0.059
201609 -0.111 241.428 -0.152
201612 0.254 241.432 0.347
201703 -0.119 243.801 -0.161
201706 -0.097 244.955 -0.131
201709 -0.114 246.819 -0.153
201712 0.346 246.524 0.463
201803 -0.106 249.554 -0.140
201806 -0.084 251.989 -0.110
201809 0.003 252.439 0.004
201812 0.927 251.233 1.218
201903 0.097 254.202 0.126
201906 -0.026 256.143 -0.034
201909 -0.019 256.759 -0.024
201912 -0.029 256.974 -0.037
202003 -0.057 258.115 -0.073
202006 -0.071 257.797 -0.091
202009 0.081 260.280 0.103
202012 0.062 260.474 0.079
202103 -0.071 264.877 -0.089
202106 -0.085 271.696 -0.103
202109 -0.071 274.310 -0.085
202112 0.316 278.802 0.374
202203 -0.076 287.504 -0.087
202206 0.258 296.311 0.288
202209 0.315 296.808 0.350
202212 -0.175 296.797 -0.195
202303 -0.055 301.836 -0.060
202306 -0.094 305.109 -0.102
202309 0.285 307.789 0.306
202312 -0.122 306.746 -0.131
202403 -0.103 312.332 -0.109
202406 0.405 314.175 0.426
202409 -0.019 315.301 -0.020
202412 -0.092 315.605 -0.096
202503 -0.055 319.799 -0.057
202506 0.079 322.561 0.081
202509 -0.028 324.800 -0.028
202512 0.155 324.054 0.158
202603 -0.059 330.213 -0.059

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 лв0.13 mean?
Balkan and Sea Properties Reit-Varna (LTS:0HZU) has a E10 of лв0.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Balkan and Sea Properties Reit-Varna and its competitors.
Is Balkan and Sea Properties Reit-Varna's E10 too high?
Balkan and Sea Properties Reit-Varna's current E10 is лв0.13. Overall, Balkan and Sea Properties Reit-Varna has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Balkan and Sea Properties Reit-Varna's E10 compare to VICI and WPC?
Balkan and Sea Properties Reit-Varna's E10 of лв0.13 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 Balkan and Sea Properties Reit-Varna and its competitors. Balkan and Sea Properties Reit-Varna's current E10 is лв0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balkan and Sea Properties Reit-Varna stock overvalued right now?
Balkan and Sea Properties Reit-Varna (LTS:0HZU) has a current E10 of лв0.13. The stock's GF Value™ is лв195.33, compared to a current price of лв17.00 — trading 91.3% below its estimated fair value. The current E10 is лв0.13. Balkan and Sea Properties Reit-Varna's overall GF Score™ is 54/100 with 6 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 Balkan and Sea Properties Reit-Varna (LTS:0HZU), the current E10 is лв0.13 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 Balkan and Sea Properties Reit-Varna (LTS:0HZU) Overvalued in 2026?

Based on GuruFocus' analysis, Balkan and Sea Properties Reit-Varna stock appears to be undervalued. The current stock price of лв17.00 is trading 91.3% below its estimated GF Value™ of лв195.33.

Key valuation signals for LTS:0HZU:

  • E10: лв0.13
  • GF Value™: лв195.33 vs. price of лв17.00 (91.3% below fair value)
  • GF Score™: 54/100 with 6 warning signs

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


Balkan and Sea Properties Reit-Varna Business Description

Industry Real EstateREITs
Other Exchanges BSP:Bulgaria
Address 14 General Kolev Boulevard, Varna, BGR, 9000
Balkan and Sea Properties Reit-Varna is a real estate investment trust.
54GF Score

Get the complete analysis for LTS:0HZU

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

лв17.00
Price
лв195.33
GF Value