UMH (UMH Properties) E10: $0.00 (As of Jun. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

UMH UMH Properties Inc UMH
66 GF Score
Price $15.90
GF Value $15.75
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is UMH Properties E10?

UMH Properties UMH +1.21% 66 E10 is $0.00 as of Jun. 2026. GuruFocus rates UMH with a GF Score™ of 66/100 and a GF Value™ of $15.75 (Fairly Valued). The stock has 5 warning signs investors should review.

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.

UMH Properties's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was 0.90% 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 UMH Properties was 17.30% per year. The lowest was -42.20% per year. And the median was -4.00% per year.

As of today (2026-08-08), UMH Properties's current stock price is $15.90. UMH Properties's E10 for the quarter that ended in Jun. 2026 was $0.00. UMH Properties's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of UMH Properties was 1643.00. The lowest was 78.00. And the median was 194.38.


UMH Properties  (NYSE:UMH) 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.

During the past 13 years, the highest Shiller P/E Ratio of UMH Properties was 1643.00. The lowest was 78.00. And the median was 194.38.


Be Aware

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


UMH Properties E10 Related Terms


UMH Properties E10 Historical Data

* Premium members only.

The historical data trend for UMH Properties'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.

UMH Properties E10 Chart

UMH Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -0.38 -0.39 0.00 -0.37

UMH Properties Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.39 -0.39 -0.37 -0.37 0.00

UMH vs CSR, NXRT, AIV: E10 Comparison

For the REIT - Residential subindustry, UMH Properties'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.


UMH Properties Shiller PE Ratio vs REITs Industry

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

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


UMH
66GF Score
UMH Properties Inc UMH
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UMH Properties 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, UMH Properties's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.05/333.9520*333.9520
=0.050

Current CPI (Jun. 2026) = 333.9520.

UMH Properties Quarterly Data

per share eps CPI Adj_EPS
201609 -0.020 241.428 -0.028
201612 -0.010 241.432 -0.014
201703 -0.050 243.801 -0.068
201706 -0.010 244.955 -0.014
201709 -0.150 246.819 -0.203
201712 -0.030 246.524 -0.041
201803 -0.760 249.554 -1.017
201806 0.400 251.989 0.530
201809 -0.310 252.439 -0.410
201812 -0.870 251.233 -1.156
201903 0.150 254.202 0.197
201906 -0.150 256.143 -0.196
201909 0.138 256.759 0.179
201912 -0.080 256.974 -0.104
202003 -1.040 258.115 -1.346
202006 0.250 257.797 0.324
202009 -0.310 260.280 -0.398
202012 0.380 260.474 0.487
202103 0.160 264.877 0.202
202106 0.180 271.696 0.221
202109 -0.070 274.310 -0.085
202112 0.170 278.802 0.204
202203 -0.090 287.504 -0.105
202206 -0.410 296.311 -0.462
202209 -0.180 296.808 -0.203
202212 0.005 296.797 0.006
202303 -0.090 301.836 -0.100
202306 -0.070 305.109 -0.077
202309 -0.090 307.789 -0.098
202312 0.100 306.746 0.109
202403 -0.090 312.332 -0.096
202406 0.010 314.175 0.011
202409 0.110 315.301 0.117
202412 0.000 315.605 0.000
202503 0.000 319.799 0.000
202506 0.030 322.561 0.031
202509 0.050 324.800 0.051
202512 -0.010 324.054 -0.010
202603 0.030 330.213 0.030
202606 0.050 333.952 0.050

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.00 mean?
UMH Properties (UMH) has a E10 of $0.00 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on UMH Properties and its competitors.
Is UMH Properties' E10 too high?
UMH Properties' current E10 is $0.00. Overall, UMH Properties has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does UMH Properties' E10 compare to CSR and NXRT?
UMH Properties' E10 of $0.00 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a REITs company?
A good E10 depends on the REITs industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on UMH Properties and its competitors. UMH Properties's current E10 is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UMH Properties stock overvalued right now?
Based on GuruFocus' analysis, UMH Properties (UMH) is currently considered Fairly Valued. The stock's GF Value™ is $15.75, compared to a current price of $15.90 — trading 1% above its estimated fair value. The current E10 is $0.00. UMH Properties' overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For UMH Properties (UMH), the current E10 is $0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is UMH Properties (UMH) Overvalued in 2026?

Based on GuruFocus' analysis, UMH Properties stock appears to be overvalued. The current stock price of $15.90 is trading 1% above its estimated GF Value™ of $15.75. GuruFocus considers UMH Properties to be Fairly Valued.

Key valuation signals for UMH:

  • E10: $0.00
  • GF Value™: $15.75 vs. price of $15.90 (1% above fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the UMH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UMH Properties Business Description

Industry Real EstateREITs
Address 3499 Route 9, Suite 3C, Freehold, NJ, USA, 07728
UMH Properties Inc together with its subsidiaries, is a real estate investment trust. It is engaged in the business of ownership and operation of manufactured home communities - leasing manufactured homesites to residents. The Company also leases manufactured homes to residents and, through its wholly-owned taxable REIT subsidiary, it sells and finances the sale of manufactured homes to residents and prospective residents of its communities and for placement on customers' privately-owned land. The company also owns the land, utility connections, streets, lighting, driveways, common area amenities, and other capital improvements. It earns income from lease agreements for its sites and homes, where the company is the lessor.
66GF Score

Get the complete analysis for UMH

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.90
Price
$15.75
GF Value