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RDI (Reading International) E10 : $-0.27 (As of Sep. 2024)


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What is Reading International 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.

Reading International's adjusted earnings per share data for the three months ended in Sep. 2024 was $-0.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.27 for the trailing ten years ended in Sep. 2024.

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 Reading International was 58.70% per year. The lowest was -35.90% per year. And the median was 19.70% per year.

As of today (2025-03-14), Reading International's current stock price is $1.32. Reading International's E10 for the quarter that ended in Sep. 2024 was $-0.27. Reading International's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Reading International was 151.44. The lowest was 8.82. And the median was 38.86.


Reading International E10 Historical Data

The historical data trend for Reading International'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.

Reading International E10 Chart

Reading International 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 0.38 0.14 0.24 0.10 -0.09

Reading International 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 -0.02 -0.09 -0.15 -0.22 -0.27

Competitive Comparison of Reading International's E10

For the Entertainment subindustry, Reading International'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.


Reading International's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Reading International's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Reading International's Shiller PE Ratio falls into.



Reading International 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, Reading International'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)
=-0.31/133.0289*133.0289
=-0.310

Current CPI (Sep. 2024) = 133.0289.

Reading International Quarterly Data

per share eps CPI Adj_EPS
201412 0.710 99.070 0.953
201503 0.130 99.621 0.174
201506 0.680 100.684 0.898
201509 0.020 100.392 0.027
201512 0.140 99.792 0.187
201603 0.090 100.470 0.119
201606 0.130 101.688 0.170
201609 0.160 101.861 0.209
201612 0.010 101.863 0.013
201703 0.130 102.862 0.168
201706 0.810 103.349 1.043
201709 0.070 104.136 0.089
201712 0.320 104.011 0.409
201803 0.130 105.290 0.164
201806 0.220 106.317 0.275
201809 0.060 106.507 0.075
201812 0.210 105.998 0.264
201903 -0.090 107.251 -0.112
201906 0.100 108.070 0.123
201909 0.040 108.329 0.049
201912 -1.250 108.420 -1.534
202003 -0.270 108.902 -0.330
202006 -1.040 108.767 -1.272
202009 -0.880 109.815 -1.066
202012 -0.800 109.897 -0.968
202103 0.860 111.754 1.024
202106 1.010 114.631 1.172
202109 -0.460 115.734 -0.529
202112 0.010 117.630 0.011
202203 -0.700 121.301 -0.768
202206 -0.110 125.017 -0.117
202209 -0.230 125.227 -0.244
202212 -0.600 125.222 -0.637
202303 -0.500 127.348 -0.522
202306 -0.120 128.729 -0.124
202309 -0.200 129.860 -0.205
202312 -0.560 129.419 -0.576
202403 -0.590 131.776 -0.596
202406 -0.420 132.554 -0.422
202409 -0.310 133.029 -0.310

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


Reading International  (NAS:RDI) 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 Reading International was 151.44. The lowest was 8.82. And the median was 38.86.


Be Aware

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


Reading International E10 Related Terms

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


Reading International Business Description

Traded in Other Exchanges
Address
189 Second Avenue, Suite 2S, New York, NY, USA, 10003
Reading International Inc is a diversified company, engaged in the development, ownership, and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. It operates through two segments: the Cinema segment includes Reading Cinemas, Angelika Film Center, Consolidated Theatres, and City Cinemas; the Real Estate segment includes real estate development and the rental or licensing of retail, commercial, and live theater assets.
Executives
Douglas James Mceachern director 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 90814
Steven John Lucas officer: VP, Controller & CAO 32 IZARD ROAD, KHANDALLAH, WELLINGTON Q2 6035
Mark Cuban 10 percent owner 5424 DELOACHE AVENUE, DALLAS TX 75220
Robert F Smerling officer: President - Domestic Cinemas 500 CITADEL DRIVE, SUITE 300, COMMERCE CA 90040
Ellen M Cotter officer: COO - Domestic Cinemas C/O READING INTERNATIONAL, 500 CITADEL DRIVE, SUITE 300, COMMERCE CA 90040
Margaret Cotter director 500 CITADEL DRIVE, SUITE 300, COMMERCE CA 90040
James J. Cotter Living Trust 10 percent owner, other: Member of Sec.13(d)(3) Group 6100 CENTER DRIVE, SUITE 900, LOS ANGELES CA 90045
Edward Lewis Kane director 7405 HIGH AVE, LAJOLLA CA 92037
Gilbert Avanes officer: Vice President, FP & A 5236 MARYLAND AVE, LA CRESCENTA CA 91214
Devasis Ghose officer: Chief Financial Officer 1155 VALLEY STREET, SUITE 400, SEATTLE WA 98109
Cotter James J Jr director, 10 percent owner, officer: See Remarks C/O READING INTERNATIONAL, INC., 500 CITADEL DRIVE, SUITE 300, COMMERCE CA 90040
Sidney Craig Tompkins officer: EVP, General Counsel 5995 SEPULVEDA BOULEVARD, SUITE 300, CULVER CITY CA 90230
Matthew Benedict Bourke officer: Mang Dir-Real Estate- Aus & NZ 4 LUCAS STREET, EAST BRIGHTON, MELBOURNE C3 3187
Michael J. Wrotniak director 32 ELMSMERE ROAD, MOUNT VERNON NY 10552
Judy Bond Codding director 2266 CANYONBACK ROAD, LOS ANGELES CA 90049