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Imperial Equities (TSXV:IEI) E10 : C$0.52 (As of Dec. 2024)


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What is Imperial Equities 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.

Imperial Equities's adjusted earnings per share data for the three months ended in Dec. 2024 was C$0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.52 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Imperial Equities's average E10 Growth Rate was -20.00% per year. During the past 3 years, the average E10 Growth Rate was -4.90% per year. During the past 5 years, the average E10 Growth Rate was 0.90% per year. During the past 10 years, the average E10 Growth Rate was 7.00% 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 Imperial Equities was 58.70% per year. The lowest was -4.90% per year. And the median was 10.70% per year.

As of today (2025-04-03), Imperial Equities's current stock price is C$3.55. Imperial Equities's E10 for the quarter that ended in Dec. 2024 was C$0.52. Imperial Equities's Shiller PE Ratio of today is 6.83.

During the past 13 years, the highest Shiller PE Ratio of Imperial Equities was 13.24. The lowest was 5.17. And the median was 7.29.


Imperial Equities E10 Historical Data

The historical data trend for Imperial Equities'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.

Imperial Equities E10 Chart

Imperial Equities Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.64 0.65 0.68 0.55

Imperial Equities 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 0.65 0.61 0.56 0.55 0.52

Competitive Comparison of Imperial Equities's E10

For the Real Estate Services subindustry, Imperial Equities'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.


Imperial Equities's Shiller PE Ratio Distribution in the Real Estate Industry

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

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


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Imperial Equities 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, Imperial Equities'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)
=0.12/127.3637*127.3637
=0.120

Current CPI (Dec. 2024) = 127.3637.

Imperial Equities Quarterly Data

per share eps CPI Adj_EPS
201503 0.240 99.789 0.306
201506 0.090 100.500 0.114
201509 0.080 100.421 0.101
201512 0.180 99.947 0.229
201603 0.150 101.054 0.189
201606 0.070 102.002 0.087
201609 0.170 101.765 0.213
201612 0.070 101.449 0.088
201703 0.160 102.634 0.199
201706 0.060 103.029 0.074
201709 0.190 103.345 0.234
201712 0.070 103.345 0.086
201803 0.150 105.004 0.182
201806 -0.330 105.557 -0.398
201809 0.350 105.636 0.422
201812 -0.090 105.399 -0.109
201903 0.150 106.979 0.179
201906 0.160 107.690 0.189
201909 0.460 107.611 0.544
201912 0.160 107.769 0.189
202003 -0.170 107.927 -0.201
202006 0.070 108.401 0.082
202009 0.090 108.164 0.106
202012 0.150 108.559 0.176
202103 0.130 110.298 0.150
202106 0.350 111.720 0.399
202109 0.090 112.905 0.102
202112 0.210 113.774 0.235
202203 0.200 117.646 0.217
202206 0.240 120.806 0.253
202209 0.170 120.648 0.179
202212 0.330 120.964 0.347
202303 0.140 122.702 0.145
202306 0.140 124.203 0.144
202309 0.120 125.230 0.122
202312 -0.160 125.072 -0.163
202403 -0.230 126.258 -0.232
202406 -0.150 127.522 -0.150
202409 0.090 127.285 0.090
202412 0.120 127.364 0.120

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


Imperial Equities  (TSXV:IEI) 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.

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

Shiller PE Ratio=Share Price/E10
=3.55/0.52
=6.83

* 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 Imperial Equities was 13.24. The lowest was 5.17. And the median was 7.29.


Be Aware

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


Imperial Equities E10 Related Terms

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


Imperial Equities Business Description

Traded in Other Exchanges
N/A
Address
10060 Jasper Avenue, Suite 2151, Rice Howard Place, Edmonton, AB, CAN, T5J 3R8
Imperial Equities Inc is engaged in the acquisition, development, and redevelopment of commercial, agricultural, and industrial properties in Edmonton and throughout Alberta and in British Columbia. The majority of the revenue is generated from Rental revenue from leases of commercial properties.
Executives
Sine Kassim Chadi 10% Security Holder, Director, Senior Officer
Chadi Land Company Inc. 10% Security Holder

Imperial Equities Headlines

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