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Reitir fasteignafelag hf (OISE:REITIR) E10 : kr8.11 (As of Sep. 2024)


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What is Reitir fasteignafelag hf 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.

Reitir fasteignafelag hf's adjusted earnings per share data for the three months ended in Sep. 2024 was kr1.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr8.11 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Reitir fasteignafelag hf's average E10 Growth Rate was 25.50% 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.

As of today (2024-12-12), Reitir fasteignafelag hf's current stock price is kr115.00. Reitir fasteignafelag hf's E10 for the quarter that ended in Sep. 2024 was kr8.11. Reitir fasteignafelag hf's Shiller PE Ratio of today is 14.18.

During the past 12 years, the highest Shiller PE Ratio of Reitir fasteignafelag hf was 13.93. The lowest was 10.28. And the median was 11.93.


Reitir fasteignafelag hf E10 Historical Data

The historical data trend for Reitir fasteignafelag hf'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.

Reitir fasteignafelag hf E10 Chart

Reitir fasteignafelag hf 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 - - - - 6.76

Reitir fasteignafelag hf 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 6.46 6.76 7.13 7.98 8.11

Competitive Comparison of Reitir fasteignafelag hf's E10

For the REIT - Diversified subindustry, Reitir fasteignafelag hf'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.


Reitir fasteignafelag hf's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Reitir fasteignafelag hf's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Reitir fasteignafelag hf's Shiller PE Ratio falls into.



Reitir fasteignafelag hf 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, Reitir fasteignafelag hf'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)
=1.6/147.7219*147.7219
=1.600

Current CPI (Sep. 2024) = 147.7219.

Reitir fasteignafelag hf Quarterly Data

per share eps CPI Adj_EPS
201412 0.863 98.669 1.292
201503 1.110 99.612 1.646
201506 2.760 100.289 4.065
201509 3.080 100.607 4.522
201512 2.850 100.657 4.183
201603 1.240 101.115 1.812
201606 -0.280 101.923 -0.406
201609 1.100 102.457 1.586
201612 1.252 102.562 1.803
201703 2.040 102.768 2.932
201706 1.690 103.496 2.412
201709 2.200 103.871 3.129
201712 1.900 104.481 2.686
201803 1.690 105.600 2.364
201806 -1.250 106.206 -1.739
201809 1.740 106.727 2.408
201812 -1.980 108.388 -2.699
201903 1.400 108.702 1.903
201906 1.350 109.758 1.817
201909 0.910 109.922 1.223
201912 1.100 110.588 1.469
202003 -1.500 111.019 -1.996
202006 -0.290 112.667 -0.380
202009 1.350 113.772 1.753
202012 3.410 114.542 4.398
202103 1.300 115.833 1.658
202106 1.100 117.451 1.384
202109 3.500 118.723 4.355
202112 3.900 120.398 4.785
202203 1.800 123.555 2.152
202206 3.500 127.809 4.045
202209 -0.400 129.810 -0.455
202212 -4.000 131.901 -4.480
202303 1.500 135.674 1.633
202306 7.600 139.150 8.068
202309 -2.600 140.147 -2.741
202312 3.700 142.125 3.846
202403 3.500 144.910 3.568
202406 9.500 147.267 9.529
202409 1.600 147.722 1.600

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


Reitir fasteignafelag hf  (OISE:REITIR) 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.

Reitir fasteignafelag hf's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=115.00/8.11
=14.18

* 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 12 years, the highest Shiller P/E Ratio of Reitir fasteignafelag hf was 13.93. The lowest was 10.28. And the median was 11.93.


Be Aware

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


Reitir fasteignafelag hf E10 Related Terms

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


Reitir fasteignafelag hf Business Description

Traded in Other Exchanges
N/A
Address
Kringlunni 4-12, Reykjavik, ISL, 103
Reitir fasteignafelag hf is one of the largest company for renting a commercial property in Iceland. Its principal activities include ownership, leasing, and management of the commercial real estate. Its property portfolio is comprised of approximately 140 properties, consisting of commercial buildings, office buildings, hotel buildings and other commercial properties.

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