GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Manufactured Housing Properties Inc (OTCPK:MHPC) » Definitions » E10

Manufactured Housing Properties (Manufactured Housing Properties) E10 : $-8.02 (As of Sep. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Manufactured Housing Properties 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.

Manufactured Housing Properties's adjusted earnings per share data for the three months ended in Sep. 2023 was $-0.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-8.02 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Manufactured Housing Properties's average E10 Growth Rate was -1642.30% 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 Manufactured Housing Properties was 80.70% per year. The lowest was 80.70% per year. And the median was 80.70% per year.

As of today (2024-04-29), Manufactured Housing Properties's current stock price is $0.895. Manufactured Housing Properties's E10 for the quarter that ended in Sep. 2023 was $-8.02. Manufactured Housing Properties's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Manufactured Housing Properties was 25.83. The lowest was 1.44. And the median was 3.33.


Manufactured Housing Properties E10 Historical Data

The historical data trend for Manufactured Housing Properties'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.

Manufactured Housing Properties E10 Chart

Manufactured Housing Properties Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -45.83 -30.62 -4.67 -0.33 0.42

Manufactured Housing Properties Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.52 0.42 -8.40 -8.18 -8.02

Competitive Comparison of Manufactured Housing Properties's E10

For the Real Estate Services subindustry, Manufactured Housing Properties'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.


Manufactured Housing Properties's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Manufactured Housing Properties's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Manufactured Housing Properties's Shiller PE Ratio falls into.



Manufactured Housing Properties 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, Manufactured Housing Properties's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.2/129.8595*129.8595
=-0.200

Current CPI (Sep. 2023) = 129.8595.

Manufactured Housing Properties Quarterly Data

per share eps CPI Adj_EPS
201203 -7.200 96.783 -9.661
201206 1.200 96.819 1.610
201209 -4.200 97.633 -5.586
201212 -7.800 96.871 -10.456
201303 -1.800 98.209 -2.380
201306 -6.600 98.518 -8.700
201309 -1.200 98.790 -1.577
201312 -25.575 98.326 -33.777
201403 -0.600 99.695 -0.782
201406 -0.600 100.560 -0.775
201409 -0.360 100.428 -0.466
201412 -0.780 99.070 -1.022
201503 -1.200 99.621 -1.564
201506 -0.360 100.684 -0.464
201509 -0.240 100.392 -0.310
201703 0.002 102.862 0.003
201712 0.000 104.011 0.000
201803 -0.020 105.290 -0.025
201806 -0.030 106.317 -0.037
201809 -0.030 106.507 -0.037
201812 -0.040 105.998 -0.049
201903 -0.060 107.251 -0.073
201906 -0.030 108.070 -0.036
201909 -0.030 108.329 -0.036
201912 -0.060 108.420 -0.072
202003 -0.060 108.902 -0.072
202006 -0.060 108.767 -0.072
202009 -0.040 109.815 -0.047
202012 -0.030 109.897 -0.035
202103 -0.070 111.754 -0.081
202106 -0.060 114.631 -0.068
202109 -0.010 115.734 -0.011
202112 -0.110 117.630 -0.121
202203 -0.090 121.301 -0.096
202206 -0.130 125.017 -0.135
202209 -0.410 125.227 -0.425
202212 -0.140 125.222 -0.145
202303 -0.190 127.348 -0.194
202306 -0.200 128.729 -0.202
202309 -0.200 129.860 -0.200

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


Manufactured Housing Properties  (OTCPK:MHPC) 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.

During the past 13 years, the highest Shiller P/E Ratio of Manufactured Housing Properties was 25.83. The lowest was 1.44. And the median was 3.33.


Be Aware

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


Manufactured Housing Properties E10 Related Terms

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


Manufactured Housing Properties (Manufactured Housing Properties) Business Description

Traded in Other Exchanges
N/A
Address
136 Main Street, Pineville, NC, USA, 28134
Manufactured Housing Properties Inc is a self-administered, self-managed, vertically integrated owner and operator of manufactured housing communities. It provides non-subsidized affordable housing facilities. The company earns income from leasing manufactured home sites to tenants who own their manufactured homes as well as the rental of company-owned manufactured homes to residents of the communities. Its communities are located in Georgia, North Carolina, South Carolina, and Tennessee.
Executives
Vira Turchinyak officer: Chief Financial Officer C/O MANUFACTURED HOUSING PROPERTIES, INC, 136 MAIN STREET, PINEVILLE NC 28134
Julia Pererva officer: Chief Operating Officer 136 MAIN STREET, PINEVILLE NC 28134
Wardlaw John Waller Iii director, officer: President C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
James Lambert Johnson director C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Chelsea Howlett Gee officer: Vice President of Finance C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Richard M Gee director C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Robert Joseph Jackson 10 percent owner 743 JETTON STREET, DAVIDSON NC 28036
Metrolina Loan Holdings, Llc 10 percent owner C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Andrew Coatley officer: Chief Operating Officer C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Terry Robertson director C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Gvest Real Estate Capital Llc 10 percent owner C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
William Henry Carter director C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Adam A Martin officer: Chief Investment Officer C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Raymond M Gee director, 10 percent owner, officer: Chairman and CEO C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Michael Z Anise director, officer: Chief Financial Officer C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134

Manufactured Housing Properties (Manufactured Housing Properties) Headlines