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Rexford Industrial Realty (MEX:REXR) E10 : MXN18.55 (As of Dec. 2024)


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What is Rexford Industrial Realty 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.

Rexford Industrial Realty's adjusted earnings per share data for the three months ended in Dec. 2024 was MXN5.631. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN18.55 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Rexford Industrial Realty's average E10 Growth Rate was 20.30% per year. During the past 3 years, the average E10 Growth Rate was 31.80% 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 Rexford Industrial Realty was 31.80% per year. The lowest was 31.80% per year. And the median was 31.80% per year.

As of today (2025-03-23), Rexford Industrial Realty's current stock price is MXN1010.00. Rexford Industrial Realty's E10 for the quarter that ended in Dec. 2024 was MXN18.55. Rexford Industrial Realty's Shiller PE Ratio of today is 54.45.

During the past 13 years, the highest Shiller PE Ratio of Rexford Industrial Realty was 267.24. The lowest was 52.35. And the median was 102.66.


Rexford Industrial Realty E10 Historical Data

The historical data trend for Rexford Industrial Realty'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.

Rexford Industrial Realty E10 Chart

Rexford Industrial Realty Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 10.70 10.05 18.55

Rexford Industrial Realty Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 10.05 11.78 14.15 14.05 18.55

Competitive Comparison of Rexford Industrial Realty's E10

For the REIT - Industrial subindustry, Rexford Industrial Realty'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.


Rexford Industrial Realty's Shiller PE Ratio Distribution in the REITs Industry

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

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



Rexford Industrial Realty 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, Rexford Industrial Realty's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=5.631/133.1571*133.1571
=5.631

Current CPI (Dec. 2024) = 133.1571.

Rexford Industrial Realty Quarterly Data

per share eps CPI Adj_EPS
201503 0.008 99.621 0.011
201506 0.040 100.684 0.053
201509 0.169 100.392 0.224
201512 0.344 99.792 0.459
201603 0.344 100.470 0.456
201606 3.514 101.688 4.601
201609 0.580 101.861 0.758
201612 2.062 101.863 2.695
201703 1.130 102.862 1.463
201706 4.700 103.349 6.056
201709 0.181 104.136 0.231
201712 2.946 104.011 3.772
201803 2.725 105.290 3.446
201806 1.179 106.317 1.477
201809 1.309 106.507 1.637
201812 2.553 105.998 3.207
201903 1.552 107.251 1.927
201906 2.305 108.070 2.840
201909 1.777 108.329 2.184
201912 3.395 108.420 4.170
202003 2.110 108.902 2.580
202006 2.308 108.767 2.826
202009 4.639 109.815 5.625
202012 1.989 109.897 2.410
202103 3.884 111.754 4.628
202106 2.986 114.631 3.469
202109 4.729 115.734 5.441
202112 4.718 117.630 5.341
202203 5.376 121.301 5.901
202206 4.426 125.017 4.714
202209 4.224 125.227 4.492
202212 4.289 125.222 4.561
202303 5.407 127.348 5.654
202306 4.457 128.729 4.610
202309 4.703 129.860 4.822
202312 4.923 129.419 5.065
202403 4.481 131.776 4.528
202406 6.778 132.554 6.809
202409 5.907 133.029 5.913
202412 5.631 133.157 5.631

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


Rexford Industrial Realty  (MEX:REXR) 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.

Rexford Industrial Realty's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1010.00/18.55
=54.45

* 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 Rexford Industrial Realty was 267.24. The lowest was 52.35. And the median was 102.66.


Be Aware

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


Rexford Industrial Realty E10 Related Terms

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


Rexford Industrial Realty Business Description

Address
11620 Wilshire Boulevard, Suite 1000, Los Angeles, CA, USA, 90025
Rexford Industrial Realty Inc is a real estate investment trust engaged in owning, operating, and acquiring industrial properties in Southern California infill markets. The goal is to generate attractive risk-adjusted returns for stockholders by providing superior access to industrial property investments in Southern California infill markets. It has one operating segment business of investing in, operating, and repositioning/redeveloping industrial real estate properties located in Southern California infill markets.