Aktiv Properties REIT (XBUL:AKTV) E10: €0.29 (As of Mar. 2026)

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XBUL:AKTV Aktiv Properties REIT XBUL:AKTV
37 GF Score
Price €2.90
GF Value €4.08
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Aktiv Properties REIT E10?

Aktiv Properties REIT XBUL:AKTV 37 E10 is €0.29 as of Mar. 2026. GuruFocus rates XBUL:AKTV with a GF Score™ of 37/100 and a GF Value™ of €4.08 (Modestly Undervalued). The stock has 4 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.

Aktiv Properties REIT's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.188. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Aktiv Properties REIT's average E10 Growth Rate was 70.60% per year. During the past 3 years, the average E10 Growth Rate was 51.00% 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 Aktiv Properties REIT was 51.00% per year. The lowest was 51.00% per year. And the median was 51.00% per year.

As of today (2026-07-30), Aktiv Properties REIT's current stock price is €2.90. Aktiv Properties REIT's E10 for the quarter that ended in Mar. 2026 was €0.29. Aktiv Properties REIT's Shiller PE Ratio of today is 10.00.

During the past 13 years, the highest Shiller PE Ratio of Aktiv Properties REIT was 225.00. The lowest was 8.97. And the median was 43.00.


Aktiv Properties REIT  (XBUL:AKTV) 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.

Aktiv Properties REIT's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.90/0.29
=10.00

* 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 Aktiv Properties REIT was 225.00. The lowest was 8.97. And the median was 43.00.


Be Aware

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


Aktiv Properties REIT E10 Related Terms


Aktiv Properties REIT E10 Historical Data

* Premium members only.

The historical data trend for Aktiv Properties 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.

Aktiv Properties REIT E10 Chart

Aktiv Properties REIT 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 0.00 0.09 0.13 0.16 0.31

Aktiv Properties REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.17 0.15 0.18 0.31 0.29

XBUL:AKTV vs BXP, ARE, VNO: E10 Comparison

For the REIT - Office subindustry, Aktiv Properties 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.


Aktiv Properties REIT Shiller PE Ratio vs REITs Industry

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

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


XBUL:AKTV
37GF Score
Aktiv Properties REIT XBUL:AKTV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aktiv Properties 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, Aktiv Properties REIT's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.188/330.2130*330.2130
=-0.188

Current CPI (Mar. 2026) = 330.2130.

Aktiv Properties REIT Quarterly Data

per share eps CPI Adj_EPS
201606 0.002 241.018 0.003
201609 0.000 241.428 0.000
201612 -0.065 241.432 -0.089
201703 -0.005 243.801 -0.007
201706 -0.002 244.955 -0.003
201709 -0.001 246.819 -0.001
201712 -0.098 246.524 -0.131
201803 -0.056 249.554 -0.074
201806 -0.011 251.989 -0.014
201809 -0.015 252.439 -0.020
201812 -0.060 251.233 -0.079
201903 0.080 254.202 0.104
201906 0.176 256.143 0.227
201909 0.034 256.759 0.044
201912 0.023 256.974 0.030
202003 -0.010 258.115 -0.013
202006 -0.012 257.797 -0.015
202009 -0.008 260.280 -0.010
202012 -0.005 260.474 -0.006
202103 -0.005 264.877 -0.006
202106 -0.001 271.696 -0.001
202109 -0.001 274.310 -0.001
202112 0.592 278.802 0.701
202203 -0.011 287.504 -0.013
202206 -0.006 296.311 -0.007
202209 -0.004 296.808 -0.004
202212 0.474 296.797 0.527
202303 0.703 301.836 0.769
202306 -0.107 305.109 -0.116
202309 -0.021 307.789 -0.023
202312 -0.150 306.746 -0.161
202403 -0.124 312.332 -0.131
202406 0.167 314.175 0.176
202409 -0.112 315.301 -0.117
202412 0.157 315.605 0.164
202503 0.047 319.799 0.049
202506 -0.206 322.561 -0.211
202509 0.312 324.800 0.317
202512 1.161 324.054 1.183
202603 -0.188 330.213 -0.188

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 €0.29 mean?
Aktiv Properties REIT (XBUL:AKTV) has a E10 of €0.29 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Aktiv Properties REIT and its competitors.
Is Aktiv Properties REIT's E10 too high?
Aktiv Properties REIT's current E10 is €0.29. Overall, Aktiv Properties REIT has a GF Score™ of 37/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aktiv Properties REIT's E10 compare to BXP and ARE?
Aktiv Properties REIT's E10 of €0.29 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 Aktiv Properties REIT and its competitors. Aktiv Properties REIT's current E10 is €0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aktiv Properties REIT stock overvalued right now?
Based on GuruFocus' analysis, Aktiv Properties REIT (XBUL:AKTV) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.08, compared to a current price of €2.90 — trading 28.9% below its estimated fair value. The current E10 is €0.29. Aktiv Properties REIT's overall GF Score™ is 37/100 with 4 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 Aktiv Properties REIT (XBUL:AKTV), the current E10 is €0.29 as of Mar. 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 Aktiv Properties REIT (XBUL:AKTV) Overvalued in 2026?

Based on GuruFocus' analysis, Aktiv Properties REIT stock appears to be undervalued. The current stock price of €2.90 is trading 28.9% below its estimated GF Value™ of €4.08. GuruFocus considers Aktiv Properties REIT to be Modestly Undervalued.

Key valuation signals for XBUL:AKTV:

  • E10: €0.29
  • GF Value™: €4.08 vs. price of €2.90 (28.9% below fair value)
  • GF Score™: 37/100 with 4 warning signs

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


Aktiv Properties REIT Business Description

Industry Real EstateREITs
Address 101 Tsarigradsko Shosse Boulevard, Floor 4, Sofia, BGR
Aktiv Properties REIT is a joint stock company with special investment purpose of securitization of real estate. It carries out the business of investing cash resources, raised by issuing securities into real estates.
37GF Score

Get the complete analysis for XBUL:AKTV

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

€2.90
Price
€4.08
GF Value