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Canadian Apartment Properties Real Estate Investment Trust (MEX:CARUN) E10 : MXN68.75 (As of Mar. 2024)


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What is Canadian Apartment Properties Real Estate Investment 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.

Canadian Apartment Properties Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Mar. 2024 was MXN13.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN68.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Canadian Apartment Properties Real Estate Investment Trust's average E10 Growth Rate was -4.30% per year. During the past 3 years, the average E10 Growth Rate was -0.20% per year. During the past 5 years, the average E10 Growth Rate was 2.20% per year. During the past 10 years, the average E10 Growth Rate was 12.50% 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 Canadian Apartment Properties Real Estate Investment Trust was 56.00% per year. The lowest was -0.20% per year. And the median was 17.65% per year.

As of today (2024-06-23), Canadian Apartment Properties Real Estate Investment Trust's current stock price is MXN584.12. Canadian Apartment Properties Real Estate Investment Trust's E10 for the quarter that ended in Mar. 2024 was MXN68.75. Canadian Apartment Properties Real Estate Investment Trust's Shiller PE Ratio of today is 8.50.

During the past 13 years, the highest Shiller PE Ratio of Canadian Apartment Properties Real Estate Investment Trust was 13.70. The lowest was 7.32. And the median was 10.99.


Canadian Apartment Properties Real Estate Investment Trust E10 Historical Data

The historical data trend for Canadian Apartment Properties Real Estate Investment 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.

Canadian Apartment Properties Real Estate Investment Trust E10 Chart

Canadian Apartment Properties Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.05 73.90 74.93 101.32 64.21

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 90.19 84.23 90.94 64.21 68.75

Competitive Comparison of Canadian Apartment Properties Real Estate Investment Trust's E10

For the REIT - Residential subindustry, Canadian Apartment Properties Real Estate Investment 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.


Canadian Apartment Properties Real Estate Investment Trust's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Canadian Apartment Properties Real Estate Investment Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Apartment Properties Real Estate Investment Trust's Shiller PE Ratio falls into.



Canadian Apartment Properties Real Estate Investment 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, Canadian Apartment Properties Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=13.15/126.2576*126.2576
=13.150

Current CPI (Mar. 2024) = 126.2576.

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data

per share eps CPI Adj_EPS
201406 7.818 99.473 9.923
201409 12.881 99.394 16.362
201412 9.151 98.367 11.746
201503 5.649 99.789 7.147
201506 16.989 100.500 21.343
201509 -0.403 100.421 -0.507
201512 13.854 99.947 17.501
201603 8.660 101.054 10.820
201606 10.837 102.002 13.414
201609 14.385 101.765 17.847
201612 14.149 101.449 17.609
201703 14.498 102.634 17.835
201706 10.169 103.029 12.462
201709 23.094 103.345 28.214
201712 41.958 103.345 51.261
201803 10.052 105.004 12.087
201806 27.015 105.557 32.313
201809 11.769 105.636 14.066
201812 74.445 105.399 89.178
201903 19.515 106.979 23.032
201906 15.231 107.690 17.857
201909 30.612 107.611 35.916
201912 43.668 107.769 51.159
202003 7.832 107.927 9.162
202006 6.096 108.401 7.100
202009 29.099 108.164 33.967
202012 43.792 108.559 50.931
202103 9.778 110.298 11.193
202106 42.581 111.720 48.122
202109 17.741 112.905 19.839
202112 57.931 113.774 64.287
202203 4.049 117.646 4.345
202206 -22.371 120.806 -23.381
202209 5.455 120.648 5.709
202212 12.744 120.964 13.302
202303 -7.960 122.702 -8.191
202306 3.041 124.203 3.091
202309 -27.203 125.230 -27.426
202312 0.670 125.072 0.676
202403 13.150 126.258 13.150

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


Canadian Apartment Properties Real Estate Investment Trust  (MEX:CARUN) 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.

Canadian Apartment Properties Real Estate Investment Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=584.12/68.75
=8.50

* 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 Canadian Apartment Properties Real Estate Investment Trust was 13.70. The lowest was 7.32. And the median was 10.99.


Be Aware

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


Canadian Apartment Properties Real Estate Investment Trust E10 Related Terms

Thank you for viewing the detailed overview of Canadian Apartment Properties Real Estate Investment Trust's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian Apartment Properties Real Estate Investment Trust (MEX:CARUN) Business Description

Traded in Other Exchanges
Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

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