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Baltic Sea Properties AS (OSL:BALT) E10 : kr3.61 (As of Dec. 2024)


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What is Baltic Sea Properties 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.

Baltic Sea Properties AS's adjusted earnings per share data for the fiscal year that ended in Dec. 2024 was kr6.320. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr3.61 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Baltic Sea Properties AS's average E10 Growth Rate was 22.80% 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.

As of today (2025-03-23), Baltic Sea Properties AS's current stock price is kr 53.00. Baltic Sea Properties AS's E10 for the fiscal year that ended in Dec. 2024 was kr3.61. Baltic Sea Properties AS's Shiller PE Ratio of today is 14.68.

During the past 11 years, the highest Shiller PE Ratio of Baltic Sea Properties AS was 16.76. The lowest was 12.47. And the median was 16.18.


Baltic Sea Properties AS E10 Historical Data

The historical data trend for Baltic Sea Properties 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.

Baltic Sea Properties AS E10 Chart

Baltic Sea Properties AS 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 - - - 2.94 3.61

Baltic Sea Properties AS 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 2.94 - - - 3.61

Competitive Comparison of Baltic Sea Properties AS's E10

For the Real Estate Services subindustry, Baltic Sea Properties 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.


Baltic Sea Properties AS's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Baltic Sea Properties AS's Shiller PE Ratio falls into.



Baltic Sea Properties 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, Baltic Sea Properties AS's adjusted earnings per share data for the fiscal year that ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=6.32/134.8000*134.8000
=6.320

Current CPI (Dec. 2024) = 134.8000.

Baltic Sea Properties AS Annual Data

per_share_eps CPI Adj_EPS
201512 5.316 100.900 7.102
201612 2.246 104.400 2.900
201712 -0.897 106.100 -1.140
201812 -0.108 109.800 -0.133
201912 -6.102 111.300 -7.390
202012 2.213 112.900 2.642
202112 12.236 118.900 13.872
202212 6.980 125.900 7.473
202312 4.340 131.900 4.435
202412 6.320 134.800 6.320

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


Baltic Sea Properties AS  (OSL:BALT) 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.

Baltic Sea Properties AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=53.00/3.61
=14.68

* 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 11 years, the highest Shiller P/E Ratio of Baltic Sea Properties AS was 16.76. The lowest was 12.47. And the median was 16.18.


Be Aware

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


Baltic Sea Properties AS E10 Related Terms

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


Baltic Sea Properties AS Business Description

Traded in Other Exchanges
N/A
Address
Apotekergata 10B, Oslo, NOR, 0180
Baltic Sea Properties AS is an Norwegian based open-ended and fully integrated investment company. which invests, develops, rents, and realizes commercial real estate properties and logistic centers. The Company's operations consist of acquisition, development and letting of investment properties in Lithuania as well as some related business. It owns, develops and manages commercial real estate in the Baltics.