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Stag Industrial (Stag Industrial) E10 : $0.58 (As of Dec. 2023)


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What is Stag Industrial 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.

Stag Industrial's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.58 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Stag Industrial's average E10 Growth Rate was 31.80% per year. During the past 3 years, the average E10 Growth Rate was 79.70% 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 Stag Industrial was 79.70% per year. The lowest was 79.70% per year. And the median was 79.70% per year.

As of today (2024-04-28), Stag Industrial's current stock price is $34.48. Stag Industrial's E10 for the quarter that ended in Dec. 2023 was $0.58. Stag Industrial's Shiller PE Ratio of today is 59.45.

During the past 13 years, the highest Shiller PE Ratio of Stag Industrial was 3376.00. The lowest was 57.57. And the median was 105.52.


Stag Industrial E10 Historical Data

The historical data trend for Stag Industrial'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.

Stag Industrial E10 Chart

Stag Industrial 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 -0.06 0.10 0.26 0.44 0.58

Stag Industrial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.44 0.48 0.52 0.56 0.58

Competitive Comparison of Stag Industrial's E10

For the REIT - Industrial subindustry, Stag Industrial'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.


Stag Industrial's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Stag Industrial's Shiller PE Ratio falls into.



Stag Industrial 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, Stag Industrial's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.23/129.4194*129.4194
=0.230

Current CPI (Dec. 2023) = 129.4194.

Stag Industrial Quarterly Data

per share eps CPI Adj_EPS
201403 -0.054 99.695 -0.070
201406 -0.100 100.560 -0.129
201409 -0.040 100.428 -0.052
201412 -0.080 99.070 -0.105
201503 -0.060 99.621 -0.078
201506 -0.120 100.684 -0.154
201509 -0.110 100.392 -0.142
201512 -0.320 99.792 -0.415
201603 0.130 100.470 0.167
201606 -0.200 101.688 -0.255
201609 -0.050 101.861 -0.064
201612 0.380 101.863 0.483
201703 -0.030 102.862 -0.038
201706 -0.010 103.349 -0.013
201709 0.200 104.136 0.249
201712 0.060 104.011 0.075
201803 0.220 105.290 0.270
201806 0.090 106.317 0.110
201809 0.070 106.507 0.085
201812 0.400 105.998 0.488
201903 0.050 107.251 0.060
201906 0.100 108.070 0.120
201909 0.070 108.329 0.084
201912 0.120 108.420 0.143
202003 0.420 108.902 0.499
202006 0.120 108.767 0.143
202009 0.150 109.815 0.177
202012 0.630 109.897 0.742
202103 0.130 111.754 0.151
202106 0.200 114.631 0.226
202109 0.300 115.734 0.335
202112 0.500 117.630 0.550
202203 0.300 121.301 0.320
202206 0.180 125.017 0.186
202209 0.350 125.227 0.362
202212 0.170 125.222 0.176
202303 0.280 127.348 0.285
202306 0.290 128.729 0.292
202309 0.280 129.860 0.279
202312 0.230 129.419 0.230

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


Stag Industrial  (NYSE:STAG) 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.

Stag Industrial's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=34.48/0.58
=59.45

* 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 Stag Industrial was 3376.00. The lowest was 57.57. And the median was 105.52.


Be Aware

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


Stag Industrial E10 Related Terms

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


Stag Industrial (Stag Industrial) Business Description

Traded in Other Exchanges
Address
One Federal Street, 23rd Floor, Boston, MA, USA, 02110
Stag Industrial Inc is a real estate investment trust that is involved in the acquisition and operation of both single- and multi-tenant properties, although the majority of the portfolio is single-tenant industrial properties throughout the United States. The vast majority of the company's real estate portfolio is comprised of warehouse and distribution buildings. Stag Industrial derives nearly all of its income in the form of rental income from its portfolio of warehouse and distribution properties. The company generates most of its rental revenue from its facilities located in Midwestern and Eastern U.S. cities. Stag Industrial's largest customers include air freight and logistics, automotive, and industrial equipment companies in terms of overall revenue.
Executives
Jaclyn Paul officer: Chief Accounting Officer ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Jeffrey M Sullivan officer: EVP, GC and Secretary ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
William R Crooker officer: Chief Accounting Officer ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Benjamin S Butcher director, officer: Chairman, CEO and President ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Steven T. Kimball officer: EVP ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Michael Chase officer: EVP and CIO ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Hans S Weger director ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Michelle Dilley director ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Jit Kee Chin director ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Jacoby Francis X Iii director ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Jeffrey D. Furber director AEW CAPITAL MANAGEMENT, L.P., TWO SEAPORT LANE, BOSTON MA 02210
Virgis Colbert director 5725 DELPHI DRIVE, TROY MI 48098
Christopher P Marr director 460 E. SWEDESFORD ROAD, SUITE 3000, WAYNE PA 19087
Matts Pinard officer: EVP, CFO and Treasurer ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Stephen C Mecke officer: COO and EVP ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110