SRRTF (Slate Grocery REIT) E10: $0.76 (As of Mar. 2026)


SRRTF Slate Grocery REIT SRRTF
71 GF Score
Price $12.41
GF Value $10.94
Valuation Modestly Overvalued
! 14 Warning Signs
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What is Slate Grocery REIT E10?

Slate Grocery REIT SRRTF +1.39% 71 E10 is $0.76 as of Mar. 2026. GuruFocus rates SRRTF with a GF Score™ of 71/100 and a GF Value™ of $10.94 (Modestly Overvalued). The stock has 14 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.

Slate Grocery REIT's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.238. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.76 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Slate Grocery REIT's average E10 Growth Rate was 27.40% per year. During the past 3 years, the average E10 Growth Rate was 0.70% 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 Slate Grocery REIT was 10.30% per year. The lowest was 0.70% per year. And the median was 5.50% per year.

As of today (2026-06-27), Slate Grocery REIT's current stock price is $12.41. Slate Grocery REIT's E10 for the quarter that ended in Mar. 2026 was $0.76. Slate Grocery REIT's Shiller PE Ratio of today is 16.33.

During the past 13 years, the highest Shiller PE Ratio of Slate Grocery REIT was 23.69. The lowest was 10.01. And the median was 14.99.


Slate Grocery REIT  (OTCPK:SRRTF) 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.

Slate Grocery REIT's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.41/0.76
=16.33

* 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 Slate Grocery REIT was 23.69. The lowest was 10.01. And the median was 14.99.


Be Aware

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


Slate Grocery REIT E10 Related Terms


Slate Grocery REIT E10 Historical Data

* Premium members only.

The historical data trend for Slate Grocery REIT'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.

Slate Grocery REIT E10 Chart

Slate Grocery REIT 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 0.55 0.73 0.79 0.65 0.73

Slate Grocery REIT 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 0.59 0.72 0.70 0.73 0.76

SRRTF vs SPG, O, KIM: E10 Comparison

For the REIT - Retail subindustry, Slate Grocery REIT'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.


Slate Grocery REIT Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Slate Grocery REIT's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Slate Grocery REIT's Shiller PE Ratio falls into.


SRRTF
71GF Score
Slate Grocery REIT SRRTF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Slate Grocery REIT 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, Slate Grocery REIT'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)
=0.238/132.2623*132.2623
=0.238

Current CPI (Mar. 2026) = 132.2623.

Slate Grocery REIT Quarterly Data

per share eps CPI Adj_EPS
201606 -0.019 102.002 -0.025
201609 -0.466 101.765 -0.606
201612 -0.385 101.449 -0.502
201703 0.232 102.634 0.299
201706 0.399 103.029 0.512
201709 -0.204 103.345 -0.261
201712 0.679 103.345 0.869
201803 0.613 105.004 0.772
201806 -0.308 105.557 -0.386
201809 -0.023 105.636 -0.029
201812 -0.214 105.399 -0.269
201903 0.036 106.979 0.045
201906 0.135 107.690 0.166
201909 0.102 107.611 0.125
201912 0.342 107.769 0.420
202003 0.138 107.927 0.169
202006 0.163 108.401 0.199
202009 0.181 108.164 0.221
202012 0.396 108.559 0.482
202103 1.251 110.298 1.500
202106 -0.065 111.720 -0.077
202109 0.183 112.905 0.214
202112 0.116 113.774 0.135
202203 0.451 117.646 0.507
202206 0.960 120.806 1.051
202209 0.456 120.648 0.500
202212 0.224 120.964 0.245
202303 -0.197 122.702 -0.212
202306 0.240 124.203 0.256
202309 0.151 125.230 0.159
202312 0.057 125.072 0.060
202403 0.180 126.258 0.189
202406 0.179 127.522 0.186
202409 0.076 127.285 0.079
202412 0.200 127.364 0.208
202503 0.204 129.181 0.209
202506 0.162 129.892 0.165
202509 0.136 130.287 0.138
202512 0.174 130.366 0.177
202603 0.238 132.262 0.238

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 $0.76 mean?
Slate Grocery REIT (SRRTF) has a E10 of $0.76 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Slate Grocery REIT and its competitors.
Is Slate Grocery REIT's E10 too high?
Slate Grocery REIT's current E10 is $0.76. Overall, Slate Grocery REIT has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Slate Grocery REIT's E10 compare to SPG and O?
Slate Grocery REIT's E10 of $0.76 can be compared against companies in the REITs 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 REITs company?
A good E10 depends on the REITs 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 Slate Grocery REIT and its competitors. Slate Grocery REIT's current E10 is $0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Slate Grocery REIT stock overvalued right now?
Based on GuruFocus' analysis, Slate Grocery REIT (SRRTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.94, compared to a current price of $12.41 — trading 13.4% above its estimated fair value. The current E10 is $0.76. Slate Grocery REIT's overall GF Score™ is 71/100 with 14 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 Slate Grocery REIT (SRRTF), the current E10 is $0.76 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 Slate Grocery REIT (SRRTF) Overvalued in 2026?

Based on GuruFocus' analysis, Slate Grocery REIT stock appears to be overvalued. The current stock price of $12.41 is trading 13.4% above its estimated GF Value™ of $10.94. GuruFocus considers Slate Grocery REIT to be Modestly Overvalued.

Key valuation signals for SRRTF:

  • E10: $0.76
  • GF Value™: $10.94 vs. price of $12.41 (13.4% above fair value)
  • GF Score™: 71/100 with 14 warning signs

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


Slate Grocery REIT Business Description

Industry Real EstateREITs
Other Exchanges SGR.U:CanadaSGR.UN:Canada
Address 121 King Street West, Suite 1600, Toronto, ON, CAN, M5H 3T9
Slate Grocery REIT is an unincorporated, open-ended mutual fund trust focused on acquiring, owning, and leasing a portfolio of diversified revenue-producing commercial real estate properties in the United States of America with an emphasis on grocery-anchored retail properties.
71GF Score

Get the complete analysis for SRRTF

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

$12.41
Price
$10.94
GF Value