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Nexus Industrial REIT (TSX:NXR.UN) E10 : C$1.70 (As of Dec. 2024)


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What is Nexus Industrial REIT 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.

Nexus Industrial REIT's adjusted earnings per share data for the three months ended in Dec. 2024 was C$0.528. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$1.70 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Nexus Industrial REIT's average E10 Growth Rate was 11.80% 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.

As of today (2025-03-30), Nexus Industrial REIT's current stock price is C$6.90. Nexus Industrial REIT's E10 for the quarter that ended in Dec. 2024 was C$1.70. Nexus Industrial REIT's Shiller PE Ratio of today is 4.06.

During the past 12 years, the highest Shiller PE Ratio of Nexus Industrial REIT was 8.95. The lowest was 3.84. And the median was 5.09.


Nexus Industrial REIT E10 Historical Data

The historical data trend for Nexus Industrial 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.

* Premium members only.

Nexus Industrial REIT E10 Chart

Nexus Industrial REIT 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 - - 1.24 1.52 1.70

Nexus Industrial REIT 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 1.52 1.72 1.77 1.67 1.70

Competitive Comparison of Nexus Industrial REIT's E10

For the REIT - Industrial subindustry, Nexus Industrial 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.


Nexus Industrial REIT's Shiller PE Ratio Distribution in the REITs Industry

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

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


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Nexus Industrial 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, Nexus Industrial REIT'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)
=0.528/127.3637*127.3637
=0.528

Current CPI (Dec. 2024) = 127.3637.

Nexus Industrial REIT Quarterly Data

per share eps CPI Adj_EPS
201503 0.171 99.789 0.218
201506 0.119 100.500 0.151
201509 0.234 100.421 0.297
201512 0.210 99.947 0.268
201603 0.270 101.054 0.340
201606 0.067 102.002 0.084
201609 0.210 101.765 0.263
201612 0.637 101.449 0.800
201703 0.001 102.634 0.001
201706 0.001 103.029 0.001
201709 0.152 103.345 0.187
201712 0.554 103.345 0.683
201803 0.289 105.004 0.351
201806 0.200 105.557 0.241
201809 0.184 105.636 0.222
201812 1.025 105.399 1.239
201903 0.184 106.979 0.219
201906 0.159 107.690 0.188
201909 0.252 107.611 0.298
201912 1.071 107.769 1.266
202003 0.516 107.927 0.609
202006 0.255 108.401 0.300
202009 0.178 108.164 0.210
202012 0.351 108.559 0.412
202103 0.305 110.298 0.352
202106 1.502 111.720 1.712
202109 -0.275 112.905 -0.310
202112 0.582 113.774 0.652
202203 0.230 117.646 0.249
202206 1.006 120.806 1.061
202209 0.505 120.648 0.533
202212 -0.193 120.964 -0.203
202303 0.042 122.702 0.044
202306 0.855 124.203 0.877
202309 0.850 125.230 0.864
202312 0.023 125.072 0.023
202403 1.774 126.258 1.790
202406 0.465 127.522 0.464
202409 -0.488 127.285 -0.488
202412 0.528 127.364 0.528

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


Nexus Industrial REIT  (TSX:NXR.UN) 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.

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

Shiller PE Ratio=Share Price/E10
=6.90/1.70
=4.06

* 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 12 years, the highest Shiller P/E Ratio of Nexus Industrial REIT was 8.95. The lowest was 3.84. And the median was 5.09.


Be Aware

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


Nexus Industrial REIT E10 Related Terms

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


Nexus Industrial REIT Business Description

Traded in Other Exchanges
Address
105-586 Argus Road, Oakville, ON, CAN, L6J 3J3
Nexus Industrial REIT is a Canada-based growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership, and management of industrial, office, and retail properties. REIT has a single reportable segment.

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