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Prime Office AS (OCSE:PRIMOF) E10 : kr30.85 (As of Sep. 2024)


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What is Prime Office AS 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.

Prime Office AS's adjusted earnings per share data for the three months ended in Sep. 2024 was kr2.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr30.85 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Prime Office AS's average E10 Growth Rate was 2.50% per year. During the past 3 years, the average E10 Growth Rate was 17.70% per year. During the past 5 years, the average E10 Growth Rate was 18.90% 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 Prime Office AS was 27.20% per year. The lowest was 17.70% per year. And the median was 18.90% per year.

As of today (2024-12-12), Prime Office AS's current stock price is kr175.00. Prime Office AS's E10 for the quarter that ended in Sep. 2024 was kr30.85. Prime Office AS's Shiller PE Ratio of today is 5.67.

During the past 13 years, the highest Shiller PE Ratio of Prime Office AS was 15.78. The lowest was 5.58. And the median was 10.87.


Prime Office AS E10 Historical Data

The historical data trend for Prime Office AS'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.

Prime Office AS E10 Chart

Prime Office AS 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 13.89 18.06 24.04 28.61 29.46

Prime Office AS 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 30.09 29.46 29.89 30.85 30.85

Competitive Comparison of Prime Office AS's E10

For the Real Estate - Development subindustry, Prime Office AS'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.


Prime Office AS's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prime Office AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Prime Office AS's Shiller PE Ratio falls into.



Prime Office AS 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, Prime Office AS'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)
=2.11/118.9000*118.9000
=2.110

Current CPI (Sep. 2024) = 118.9000.

Prime Office AS Quarterly Data

per share eps CPI Adj_EPS
201412 1.290 99.400 1.543
201503 2.010 100.200 2.385
201506 -1.520 100.300 -1.802
201509 3.290 100.200 3.904
201512 34.908 99.800 41.589
201603 2.556 100.200 3.033
201606 1.210 100.600 1.430
201609 2.490 100.200 2.955
201612 11.420 100.300 13.538
201703 2.010 101.200 2.362
201706 1.600 101.200 1.880
201709 2.270 101.800 2.651
201712 16.820 101.300 19.742
201803 2.130 101.700 2.490
201806 2.650 102.300 3.080
201809 1.960 102.400 2.276
201812 15.690 102.100 18.272
201903 2.290 102.900 2.646
201906 9.250 102.900 10.688
201909 3.270 102.900 3.778
201912 15.610 102.900 18.037
202003 2.870 103.300 3.303
202006 6.320 103.200 7.281
202009 16.940 103.500 19.461
202012 12.600 103.400 14.489
202103 3.000 104.300 3.420
202106 10.110 105.000 11.448
202109 7.430 105.800 8.350
202112 20.080 106.600 22.397
202203 12.590 109.900 13.621
202206 13.910 113.600 14.559
202209 6.960 116.400 7.109
202212 -4.580 115.900 -4.699
202303 9.730 117.300 9.863
202306 7.350 116.400 7.508
202309 1.550 117.400 1.570
202312 -4.000 116.700 -4.075
202403 2.350 118.400 2.360
202406 11.910 118.500 11.950
202409 2.110 118.900 2.110

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


Prime Office AS  (OCSE:PRIMOF) 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.

Prime Office AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=175.00/30.85
=5.67

* 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 Prime Office AS was 15.78. The lowest was 5.58. And the median was 10.87.


Be Aware

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


Prime Office AS E10 Related Terms

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


Prime Office AS Business Description

Traded in Other Exchanges
N/A
Address
Sonder Alle 6, 2. sal, Arhus, DNK, DK-8000
Prime Office AS is a Denmark based real estate company. Its portfolio consists of office properties, residential and commercial properties and invests in property company which owns apartments in Northern Germany.

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