GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Aedifica SA (STU:AOO) » Definitions » E10

Aedifica (STU:AOO) E10 : €6.72 (As of Sep. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Aedifica 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.

Aedifica's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €6.72 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.

As of today (2024-12-11), Aedifica's current stock price is €56.10. Aedifica's E10 for the quarter that ended in Sep. 2024 was €6.72. Aedifica's Shiller PE Ratio of today is 8.35.

During the past 13 years, the highest Shiller PE Ratio of Aedifica was 9.52. The lowest was 8.41. And the median was 8.92.


Aedifica E10 Historical Data

The historical data trend for Aedifica'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.

Aedifica E10 Chart

Aedifica Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Aedifica Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 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 - - - 6.79 6.72

Competitive Comparison of Aedifica's E10

For the REIT - Healthcare Facilities subindustry, Aedifica'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.


Aedifica's Shiller PE Ratio Distribution in the REITs Industry

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

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



Aedifica 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, Aedifica'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)
=0.61/130.9680*130.9680
=0.610

Current CPI (Sep. 2024) = 130.9680.

Aedifica Quarterly Data

per share eps CPI Adj_EPS
200706 0.000 85.925 0.000
200806 2.719 90.910 3.917
200812 -0.895 90.077 -1.301
200906 -0.562 89.909 -0.819
200912 0.102 90.315 0.148
201006 0.370 92.119 0.526
201012 1.946 93.120 2.737
201106 1.134 95.508 1.555
201112 0.774 96.360 1.052
201206 1.007 97.659 1.350
201212 1.805 98.511 2.400
201306 0.832 99.215 1.098
201312 0.957 99.462 1.260
201406 1.007 99.482 1.326
201412 1.855 99.086 2.452
201506 2.000 100.107 2.617
201512 1.509 100.572 1.965
201606 1.155 102.267 1.479
201612 1.767 102.614 2.255
201706 2.122 103.902 2.675
201712 1.898 104.804 2.372
201806 1.992 106.063 2.460
201812 2.067 107.252 2.524
201906 2.581 107.896 3.133
201912 2.739 108.065 3.320
202103 1.319 109.522 1.577
202106 1.983 110.305 2.354
202109 1.563 111.543 1.835
202112 3.038 114.705 3.469
202203 3.156 118.620 3.485
202206 3.414 120.948 3.697
202209 3.268 124.120 3.448
202212 -1.128 126.578 -1.167
202303 0.400 126.528 0.414
202306 1.020 125.973 1.060
202309 0.690 127.083 0.711
202312 -1.550 128.292 -1.582
202403 1.590 130.552 1.595
202406 1.400 130.691 1.403
202409 0.610 130.968 0.610

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


Aedifica  (STU:AOO) 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.

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

Shiller PE Ratio=Share Price/E10
=56.10/6.72
=8.35

* 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 Aedifica was 9.52. The lowest was 8.41. And the median was 8.92.


Be Aware

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


Aedifica E10 Related Terms

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


Aedifica Business Description

Traded in Other Exchanges
Address
Rue Belliard 40 (box 11), Brussels, BEL, B-1040
Aedifica SA is a Belgian real estate investment trust that invests in, develops, and leases healthcare properties. The company focuses on providing housing for the aging population in Western Europe and the growing populations in Belgium's major cities. The majority of Aedifica's real estate portfolio is composed of Elderly care homes. The company derives the vast majority of its income in the form of rental revenue. Its geographical segments are Belgium, Germany, Netherlands, Ireland, United Kingdom, Finland, and Sweden.

Aedifica Headlines

No Headlines