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Eastnine AB (OSTO:EAST) E10 : kr9.53 (As of Mar. 2024)


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What is Eastnine AB 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.

Eastnine AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr0.651. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr9.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Eastnine AB's average E10 Growth Rate was -10.70% per year. During the past 3 years, the average E10 Growth Rate was 105.40% 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 Eastnine AB was 105.40% per year. The lowest was 105.40% per year. And the median was 105.40% per year.

As of today (2024-06-20), Eastnine AB's current stock price is kr43.30. Eastnine AB's E10 for the quarter that ended in Mar. 2024 was kr9.53. Eastnine AB's Shiller PE Ratio of today is 4.54.

During the past 13 years, the highest Shiller PE Ratio of Eastnine AB was 4.65. The lowest was 1.87. And the median was 2.83.


Eastnine AB E10 Historical Data

The historical data trend for Eastnine AB'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.

Eastnine AB E10 Chart

Eastnine AB 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 -0.51 1.12 4.52 10.91 9.71

Eastnine AB Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.67 9.77 9.77 9.71 9.53

Competitive Comparison of Eastnine AB's E10

For the Real Estate Services subindustry, Eastnine AB'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.


Eastnine AB's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Eastnine AB's Shiller PE Ratio falls into.



Eastnine AB 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, Eastnine AB's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.651/132.2054*132.2054
=0.651

Current CPI (Mar. 2024) = 132.2054.

Eastnine AB Quarterly Data

per share eps CPI Adj_EPS
201103 -0.111 98.967 -0.148
201106 -2.165 99.341 -2.881
201109 -4.754 100.021 -6.284
201112 -1.397 100.458 -1.838
201203 1.801 100.464 2.370
201206 -1.797 100.352 -2.367
201209 0.850 100.467 1.119
201212 0.040 100.403 0.053
201303 0.397 100.416 0.523
201306 -0.804 100.206 -1.061
201309 0.260 100.544 0.342
201312 1.767 100.541 2.324
201403 -1.441 99.788 -1.909
201406 1.635 100.432 2.152
201409 -0.023 100.161 -0.030
201412 -2.848 100.225 -3.757
201503 1.202 99.950 1.590
201506 0.070 99.995 0.093
201509 -0.892 100.228 -1.177
201512 0.104 100.276 0.137
201603 -0.023 100.751 -0.030
201606 -0.606 101.019 -0.793
201609 -0.191 101.138 -0.250
201612 2.040 102.022 2.644
201703 0.262 102.022 0.340
201706 -0.536 102.752 -0.690
201712 6.952 103.793 8.855
201812 7.294 105.912 9.105
201912 17.398 107.766 21.344
202012 17.296 108.296 21.115
202112 33.380 112.486 39.232
202203 -3.950 114.825 -4.548
202206 9.149 118.384 10.217
202209 7.967 122.296 8.613
202212 -0.055 126.365 -0.058
202303 -1.486 127.042 -1.546
202306 -4.579 129.407 -4.678
202309 -3.401 130.224 -3.453
202312 0.028 131.912 0.028
202403 0.651 132.205 0.651

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


Eastnine AB  (OSTO:EAST) 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.

Eastnine AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=43.30/9.53
=4.54

* 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 Eastnine AB was 4.65. The lowest was 1.87. And the median was 2.83.


Be Aware

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


Eastnine AB E10 Related Terms

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


Eastnine AB (OSTO:EAST) Business Description

Traded in Other Exchanges
Address
Kungsgatan 30, Box 7214, Stockholm, SWE, 103 88
Eastnine AB is a Swedish real estate company focused on modern and sustainable office and logistics properties in the Baltics and Poland. Its tenants comprise, mainly, large Nordic group companies that operate internationally. The company operates through four segments namely Properties in Lithuania, Properties in Latvia, Properties in Poland and Other investments. The firm generates revenue from Rental income.