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BXP (STU:BO9) E10 : €3.75 (As of Sep. 2024)


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What is BXP 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.

BXP's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.478. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.75 for the trailing ten years ended in Sep. 2024.

During the past 12 months, BXP's average E10 Growth Rate was 0.70% per year. During the past 3 years, the average E10 Growth Rate was 4.70% per year. During the past 5 years, the average E10 Growth Rate was 8.50% per year. During the past 10 years, the average E10 Growth Rate was 0.50% 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 BXP was 12.60% per year. The lowest was -13.70% per year. And the median was -1.50% per year.

As of today (2024-12-14), BXP's current stock price is €75.82. BXP's E10 for the quarter that ended in Sep. 2024 was €3.75. BXP's Shiller PE Ratio of today is 20.22.

During the past 13 years, the highest Shiller PE Ratio of BXP was 48.25. The lowest was 10.33. And the median was 30.25.


BXP E10 Historical Data

The historical data trend for BXP'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.

BXP E10 Chart

BXP 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 2.54 4.23 3.49 4.22 3.85

BXP 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 3.97 3.85 3.92 3.93 3.75

Competitive Comparison of BXP's E10

For the REIT - Office subindustry, BXP'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.


BXP's Shiller PE Ratio Distribution in the REITs Industry

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

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



BXP 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, BXP'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)
=0.478/133.0289*133.0289
=0.478

Current CPI (Sep. 2024) = 133.0289.

BXP Quarterly Data

per share eps CPI Adj_EPS
201412 0.925 99.070 1.242
201503 1.026 99.621 1.370
201506 0.463 100.684 0.612
201509 1.069 100.392 1.417
201512 0.826 99.792 1.101
201603 1.060 100.470 1.404
201606 0.561 101.688 0.734
201609 0.445 101.861 0.581
201612 0.891 101.863 1.164
201703 0.589 102.862 0.762
201706 0.774 103.349 0.996
201709 0.638 104.136 0.815
201712 0.566 104.011 0.724
201803 0.925 105.290 1.169
201806 0.710 106.317 0.888
201809 0.660 106.507 0.824
201812 0.844 105.998 1.059
201903 0.558 107.251 0.692
201906 0.938 108.070 1.155
201909 0.636 108.329 0.781
201912 0.819 108.420 1.005
202003 2.896 108.902 3.538
202006 1.518 108.767 1.857
202009 0.492 109.815 0.596
202012 0.041 109.897 0.050
202103 0.496 111.754 0.590
202106 0.589 114.631 0.684
202109 0.587 115.734 0.675
202112 1.044 117.630 1.181
202203 0.826 121.301 0.906
202206 1.343 125.017 1.429
202209 2.313 125.227 2.457
202212 0.736 125.222 0.782
202303 0.467 127.348 0.488
202306 0.609 128.729 0.629
202309 -0.665 129.860 -0.681
202312 0.697 129.419 0.716
202403 0.469 131.776 0.473
202406 0.474 132.554 0.476
202409 0.478 133.029 0.478

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


BXP  (STU:BO9) 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.

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

Shiller PE Ratio=Share Price/E10
=75.82/3.75
=20.22

* 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 BXP was 48.25. The lowest was 10.33. And the median was 30.25.


Be Aware

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


BXP E10 Related Terms

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


BXP Business Description

Traded in Other Exchanges
Address
800 Boylston Street, Suite 1900, Prudential Center, Boston, MA, USA, 02199-8103
BXP Inc. owns over 180 properties consisting of approximately 53 million rentable square feet of space. The portfolio is dominated by office buildings and is spread across major cities such as New York, Boston, San Francisco, Los Angeles, Seattle, and the Washington, D.C., region. The real estate investment trust also owns limited retail, hotel, and residential properties.

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