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Welltower (STU:HCW) E10 : €1.98 (As of Dec. 2024)


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What is Welltower 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.

Welltower's adjusted earnings per share data for the three months ended in Dec. 2024 was €0.181. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.98 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Welltower's average E10 Growth Rate was 1.00% per year. During the past 3 years, the average E10 Growth Rate was 2.50% per year. During the past 5 years, the average E10 Growth Rate was 4.30% per year. During the past 10 years, the average E10 Growth Rate was 4.40% 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 Welltower was 8.40% per year. The lowest was -5.70% per year. And the median was -1.40% per year.

As of today (2025-03-04), Welltower's current stock price is €149.35. Welltower's E10 for the quarter that ended in Dec. 2024 was €1.98. Welltower's Shiller PE Ratio of today is 75.43.

During the past 13 years, the highest Shiller PE Ratio of Welltower was 74.70. The lowest was 21.29. And the median was 43.08.


Welltower E10 Historical Data

The historical data trend for Welltower'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.

Welltower E10 Chart

Welltower Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 1.70 2.71 2.06 1.98

Welltower Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.06 1.96 1.99 1.92 1.98

Competitive Comparison of Welltower's E10

For the REIT - Healthcare Facilities subindustry, Welltower'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.


Welltower's Shiller PE Ratio Distribution in the REITs Industry

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

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



Welltower 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, Welltower's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.181/133.1571*133.1571
=0.181

Current CPI (Dec. 2024) = 133.1571.

Welltower Quarterly Data

per share eps CPI Adj_EPS
201503 0.517 99.621 0.691
201506 0.793 100.684 1.049
201509 0.463 100.392 0.614
201512 0.340 99.792 0.454
201603 0.377 100.470 0.500
201606 0.481 101.688 0.630
201609 0.829 101.861 1.084
201612 0.863 101.863 1.128
201703 0.804 102.862 1.041
201706 0.454 103.349 0.585
201709 0.168 104.136 0.215
201712 -0.253 104.011 -0.324
201803 0.949 105.290 1.200
201806 0.351 106.317 0.440
201809 0.146 106.507 0.183
201812 0.237 105.998 0.298
201903 0.628 107.251 0.780
201906 0.301 108.070 0.371
201909 1.317 108.329 1.619
201912 0.495 108.420 0.608
202003 0.679 108.902 0.830
202006 0.373 108.767 0.457
202009 0.654 109.815 0.793
202012 0.321 109.897 0.389
202103 0.143 111.754 0.170
202106 0.050 114.631 0.058
202109 0.357 115.734 0.411
202112 0.115 117.630 0.130
202203 0.127 121.301 0.139
202206 0.189 125.017 0.201
202209 -0.010 125.227 -0.011
202212 -0.009 125.222 -0.010
202303 0.047 127.348 0.049
202306 0.185 128.729 0.191
202309 0.225 129.860 0.231
202312 0.138 129.419 0.142
202403 0.202 131.776 0.204
202406 0.390 132.554 0.392
202409 0.658 133.029 0.659
202412 0.181 133.157 0.181

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


Welltower  (STU:HCW) 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.

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

Shiller PE Ratio=Share Price/E10
=149.35/1.98
=75.43

* 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 Welltower was 74.70. The lowest was 21.29. And the median was 43.08.


Be Aware

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


Welltower E10 Related Terms

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


Welltower Business Description

Traded in Other Exchanges
Address
4500 Dorr Street, Toledo, OH, USA, 43615
Welltower owns a diversified healthcare portfolio of 2,137 in-place properties spread across the senior housing, medical office, and skilled nursing/post-acute care sectors. The portfolio includes over 100 properties in both Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to that of the United States.

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