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MAPIF (Mapletree Industrial Trust) E10 : $0.11 (As of Sep. 2024)


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What is Mapletree Industrial Trust 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.

Mapletree Industrial Trust's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.026. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.11 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Mapletree Industrial Trust's average E10 Growth Rate was -10.50% 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 Mapletree Industrial Trust was -10.40% per year. The lowest was -10.40% per year. And the median was -10.40% per year.

As of today (2024-12-12), Mapletree Industrial Trust's current stock price is $1.80. Mapletree Industrial Trust's E10 for the quarter that ended in Sep. 2024 was $0.11. Mapletree Industrial Trust's Shiller PE Ratio of today is 16.36.

During the past 13 years, the highest Shiller PE Ratio of Mapletree Industrial Trust was 16.67. The lowest was 6.98. And the median was 13.21.


Mapletree Industrial Trust E10 Historical Data

The historical data trend for Mapletree Industrial Trust'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.

Mapletree Industrial Trust E10 Chart

Mapletree Industrial Trust 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 0.17 0.12 0.13 0.13 0.12

Mapletree Industrial Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.14 0.14 0.12 0.12 0.11

Competitive Comparison of Mapletree Industrial Trust's E10

For the REIT - Industrial subindustry, Mapletree Industrial Trust'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.


Mapletree Industrial Trust's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Mapletree Industrial Trust's Shiller PE Ratio falls into.



Mapletree Industrial Trust 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, Mapletree Industrial Trust's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.026/133.0289*133.0289
=0.026

Current CPI (Sep. 2024) = 133.0289.

Mapletree Industrial Trust Quarterly Data

per share eps CPI Adj_EPS
201412 0.020 99.070 0.027
201503 0.102 99.621 0.136
201506 0.020 100.684 0.026
201509 0.019 100.392 0.025
201512 0.019 99.792 0.025
201603 0.053 100.470 0.070
201606 0.020 101.688 0.026
201609 0.020 101.861 0.026
201612 0.019 101.863 0.025
201703 0.048 102.862 0.062
201706 0.022 103.349 0.028
201709 0.022 104.136 0.028
201712 0.022 104.011 0.028
201803 0.056 105.290 0.071
201806 0.022 106.317 0.028
201809 0.022 106.507 0.027
201812 0.022 105.998 0.028
201903 0.038 107.251 0.047
201906 0.023 108.070 0.028
201909 0.023 108.329 0.028
201912 0.023 108.420 0.028
202003 0.056 108.902 0.068
202006 0.024 108.767 0.029
202009 0.022 109.815 0.027
202012 0.021 109.897 0.025
202103 -0.015 111.754 -0.018
202106 0.026 114.631 0.030
202109 0.027 115.734 0.031
202112 0.027 117.630 0.031
202203 0.044 121.301 0.048
202206 0.027 125.017 0.029
202209 0.025 125.227 0.027
202212 0.026 125.222 0.028
202303 -0.003 127.348 -0.003
202306 0.025 128.729 0.026
202309 0.024 129.860 0.025
202312 0.025 129.419 0.026
202403 -0.044 131.776 -0.044
202406 0.025 132.554 0.025
202409 0.026 133.029 0.026

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


Mapletree Industrial Trust  (OTCPK:MAPIF) 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.

Mapletree Industrial Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.80/0.11
=16.36

* 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 Mapletree Industrial Trust was 16.67. The lowest was 6.98. And the median was 13.21.


Be Aware

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


Mapletree Industrial Trust E10 Related Terms

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


Mapletree Industrial Trust Business Description

Traded in Other Exchanges
Address
10 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Industrial Trust is a real estate investment trust focused on industrial properties and data centers. Its property portfolio consists of 85 properties in Singapore, 56 properties in North America (including 13 data centers held through a joint venture with its sponsor, Mapletree Investments Private Limited) and one property in Osaka, Japan. Types of property owned include data centers, high-tech buildings, business parks, and general industrial. The trust is externally managed by Mapletree Industrial Trust Management Limited, a subsidiary of its sponsor, which owns around 31% stake in the trust.

Mapletree Industrial Trust Headlines