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Intercapital Property Development REIT (WAR:ICD) E10 : zł-0.06 (As of Mar. 2024)


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What is Intercapital Property Development 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.

Intercapital Property Development REIT's adjusted earnings per share data for the three months ended in Mar. 2024 was zł-0.012. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł-0.06 for the trailing ten years ended in Mar. 2024.

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 (2024-06-20), Intercapital Property Development REIT's current stock price is zł1.92. Intercapital Property Development REIT's E10 for the quarter that ended in Mar. 2024 was zł-0.06. Intercapital Property Development REIT's Shiller PE Ratio of today is .


Intercapital Property Development REIT E10 Historical Data

The historical data trend for Intercapital Property Development 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.

Intercapital Property Development REIT E10 Chart

Intercapital Property Development REIT 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 - - -0.57 -0.10 -0.10

Intercapital Property Development REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - -0.08 -0.09 -0.10 -0.06

Competitive Comparison of Intercapital Property Development REIT's E10

For the REIT - Diversified subindustry, Intercapital Property Development 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.


Intercapital Property Development REIT's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Intercapital Property Development REIT's Shiller PE Ratio falls into.



Intercapital Property Development 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, Intercapital Property Development REIT's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.012/131.7762*131.7762
=-0.012

Current CPI (Mar. 2024) = 131.7762.

Intercapital Property Development REIT Quarterly Data

per share eps CPI Adj_EPS
201403 -0.098 99.695 -0.130
201406 0.000 100.560 0.000
201409 0.087 100.428 0.114
201412 -0.108 99.070 -0.144
201506 0.109 100.684 0.143
201509 0.000 100.392 0.000
201512 0.017 99.792 0.022
201603 -0.012 100.470 -0.016
201606 -0.004 101.688 -0.005
201609 0.002 101.861 0.003
201612 0.004 101.863 0.005
201703 0.001 102.862 0.001
201706 -0.052 103.349 -0.066
201709 -0.042 104.136 -0.053
201712 0.119 104.011 0.151
201803 -0.039 105.290 -0.049
201806 -0.035 106.317 -0.043
201809 -0.026 106.507 -0.032
201812 -0.274 105.998 -0.341
201903 -0.042 107.251 -0.052
201906 -0.221 108.070 -0.269
201909 0.000 108.329 0.000
201912 0.092 108.420 0.112
202003 -0.031 108.902 -0.038
202006 -0.004 108.767 -0.005
202009 -0.190 109.815 -0.228
202012 0.114 109.897 0.137
202103 -0.023 111.754 -0.027
202106 -0.015 114.631 -0.017
202109 -0.052 115.734 -0.059
202112 0.389 117.630 0.436
202203 -0.029 121.301 -0.032
202206 -0.002 125.017 -0.002
202209 -0.004 125.227 -0.004
202212 0.073 125.222 0.077
202303 0.000 127.348 0.000
202306 -0.015 128.729 -0.015
202309 -0.015 129.860 -0.015
202312 0.076 129.419 0.077
202403 -0.012 131.776 -0.012

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


Intercapital Property Development REIT  (WAR:ICD) 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.


Be Aware

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


Intercapital Property Development REIT E10 Related Terms

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Intercapital Property Development REIT (WAR:ICD) Business Description

Traded in Other Exchanges
Address
Dobrudzha Street No. 6, 4th Floor, Sofia, BGR, 1000
Intercapital Property Development REIT is an investment company for real estate securitization. The company functions as a collective investment scheme for real estate investments and its investment projects include Marina Cape and Grand Borovetz. Geographically, operations are conducted throughout the region of Bulgaria.