SPHXF (SM Prime Holdings) E10: $0.02 (As of Mar. 2026)


SPHXF SM Prime Holdings Inc SPHXF
49 GF Score
Price $0.28
GF Value $0.50
Valuation Possible Value Trap
! 4 Warning Signs
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What is SM Prime Holdings E10?

SM Prime Holdings SPHXF 49 E10 is $0.02 as of Mar. 2026. GuruFocus rates SPHXF with a GF Score™ of 49/100 and a GF Value™ of $0.50 (Possible Value Trap). The stock has 4 warning signs investors should review.

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.

SM Prime Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.007. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SM Prime Holdings's average E10 Growth Rate was 8.90% per year. During the past 3 years, the average E10 Growth Rate was 8.00% per year. During the past 5 years, the average E10 Growth Rate was 7.00% 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 SM Prime Holdings was 8.00% per year. The lowest was 3.80% per year. And the median was 6.65% per year.

As of today (2026-07-01), SM Prime Holdings's current stock price is $0.28014. SM Prime Holdings's E10 for the quarter that ended in Mar. 2026 was $0.02. SM Prime Holdings's Shiller PE Ratio of today is 14.01.

During the past 13 years, the highest Shiller PE Ratio of SM Prime Holdings was 50.45. The lowest was 13.04. And the median was 33.43.


SM Prime Holdings  (OTCPK:SPHXF) 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.

SM Prime Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.28014/0.02
=14.01

* 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 SM Prime Holdings was 50.45. The lowest was 13.04. And the median was 33.43.


Be Aware

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


SM Prime Holdings E10 Related Terms


SM Prime Holdings E10 Historical Data

* Premium members only.

The historical data trend for SM Prime Holdings'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.

SM Prime Holdings E10 Chart

SM Prime Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.02 0.02 0.02

SM Prime Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.02 0.03 0.02 0.02

SM Prime Holdings E10 Competitor Comparison

For the Real Estate - Diversified subindustry, SM Prime Holdings'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.


SM Prime Holdings Shiller PE Ratio vs Real Estate Industry

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

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


SPHXF
49GF Score
SM Prime Holdings Inc SPHXF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SM Prime Holdings 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, SM Prime Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.007/330.2130*330.2130
=0.007

Current CPI (Mar. 2026) = 330.2130.

SM Prime Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 0.004 241.018 0.005
201609 0.003 241.428 0.004
201612 0.004 241.432 0.005
201703 0.004 243.801 0.005
201706 0.004 244.955 0.005
201709 0.003 246.819 0.004
201712 0.004 246.524 0.005
201803 0.004 249.554 0.005
201806 0.005 251.989 0.007
201809 0.004 252.439 0.005
201812 0.005 251.233 0.007
201903 0.005 254.202 0.006
201906 0.006 256.143 0.008
201909 0.005 256.759 0.006
201912 0.006 256.974 0.008
202003 0.005 258.115 0.006
202006 0.001 257.797 0.001
202009 0.002 260.280 0.003
202012 0.002 260.474 0.003
202103 0.004 264.877 0.005
202106 0.003 271.696 0.004
202109 0.002 274.310 0.002
202112 0.003 278.802 0.004
202203 0.004 287.504 0.005
202206 0.004 296.311 0.004
202209 0.004 296.808 0.004
202212 0.005 296.797 0.006
202303 0.005 301.836 0.005
202306 0.006 305.109 0.006
202309 0.006 307.789 0.006
202312 0.006 306.746 0.006
202403 0.006 312.332 0.006
202406 0.007 314.175 0.007
202409 0.007 315.301 0.007
202412 0.007 315.605 0.007
202503 0.007 319.799 0.007
202506 0.007 322.561 0.007
202509 0.007 324.800 0.007
202512 0.007 324.054 0.007
202603 0.007 330.213 0.007

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.02 mean?
SM Prime Holdings (SPHXF) has a E10 of $0.02 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SM Prime Holdings and its competitors.
Is SM Prime Holdings' E10 too high?
SM Prime Holdings' current E10 is $0.02. Overall, SM Prime Holdings has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SM Prime Holdings' E10 compare to competitors?
SM Prime Holdings' E10 of $0.02 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Real Estate company?
A good E10 depends on the Real Estate industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SM Prime Holdings and its competitors. SM Prime Holdings's current E10 is $0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SM Prime Holdings stock overvalued right now?
Based on GuruFocus' analysis, SM Prime Holdings (SPHXF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.50, compared to a current price of $0.28 — trading 44% below its estimated fair value. The current E10 is $0.02. SM Prime Holdings' overall GF Score™ is 49/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For SM Prime Holdings (SPHXF), the current E10 is $0.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SM Prime Holdings (SPHXF) Overvalued in 2026?

Based on GuruFocus' analysis, SM Prime Holdings stock appears to be undervalued. The current stock price of $0.28 is trading 44% below its estimated GF Value™ of $0.50. GuruFocus considers SM Prime Holdings to be Possible Value Trap.

Key valuation signals for SPHXF:

  • E10: $0.02
  • GF Value™: $0.50 vs. price of $0.28 (44% below fair value)
  • GF Score™: 49/100 with 4 warning signs

No single metric tells the full story. See the SPHXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SM Prime Holdings Business Description

Other Exchanges SMPH:Philippines
Address Seashell Lane corner Coral Way, 7th Floor MOA Square, Mall of Asia Complex, Barangay. 76, Zone 10, CBP-1A, Metro Manila, Pasay, PHL, 1300
SM Prime Holdings Inc is an integrated property developer. It is engaged in acquiring and developing real estate, conducting and maintaining commercial shopping centers, and constructing and managing buildings such as condominiums, apartments, hotels, restaurants, stores, and other structures for mixed-use purposes. The company has four business segments, namely, malls, residential, commercial, and integrated property developments and hotels and convention centers. It generates maximum revenue from the Malls segment, which develops, conducts, operates, and maintains the business of commercial shopping centers for rent, amusement centers, or cinema theaters within the compound of the shopping centers.
49GF Score

Get the complete analysis for SPHXF

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.28
Price
$0.50
GF Value