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Gecina Nom (XPAR:GFC) E10 : €11.38 (As of Dec. 2023)


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What is Gecina Nom 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.

Gecina Nom's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was €-24.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €11.38 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Gecina Nom's average E10 Growth Rate was -18.10% per year. During the past 3 years, the average E10 Growth Rate was -3.20% per year. During the past 5 years, the average E10 Growth Rate was 1.30% per year. During the past 10 years, the average E10 Growth Rate was -5.50% 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 Gecina Nom was 27.60% per year. The lowest was -61.90% per year. And the median was 6.40% per year.

As of today (2024-05-15), Gecina Nom's current stock price is € 100.10. Gecina Nom's E10 for the fiscal year that ended in Dec. 2023 was €11.38. Gecina Nom's Shiller PE Ratio of today is 8.80.

During the past 13 years, the highest Shiller PE Ratio of Gecina Nom was 22.73. The lowest was 0.72. And the median was 11.06.


Gecina Nom E10 Historical Data

The historical data trend for Gecina Nom'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.

Gecina Nom E10 Chart

Gecina Nom 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 14.07 12.53 13.30 13.90 11.38

Gecina Nom Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 13.30 - 13.90 - 11.38

Competitive Comparison of Gecina Nom's E10

For the REIT - Office subindustry, Gecina Nom'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.


Gecina Nom's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Gecina Nom's Shiller PE Ratio falls into.



Gecina Nom 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, Gecina Nom's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-24.2/118.2300*118.2300
=-24.200

Current CPI (Dec. 2023) = 118.2300.

Gecina Nom Annual Data

per_share_eps CPI Adj_EPS
201412 4.461 99.860 5.282
201512 25.000 100.040 29.546
201612 12.222 100.650 14.357
201712 28.280 101.850 32.828
201812 13.590 103.470 15.529
201912 20.520 104.980 23.110
202012 2.100 104.960 2.366
202112 11.500 107.850 12.607
202212 2.300 114.160 2.382
202312 -24.200 118.230 -24.200

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


Gecina Nom  (XPAR:GFC) 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.

Gecina Nom's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=100.10/11.38
=8.80

* 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 Gecina Nom was 22.73. The lowest was 0.72. And the median was 11.06.


Be Aware

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


Gecina Nom E10 Related Terms

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


Gecina Nom (XPAR:GFC) Business Description

Traded in Other Exchanges
Address
14-16, Rue des Capucines, Cedex 02, Paris, FRA, 75084
Gecina Nom is a French real estate investment trust with assets primarily located in Paris, France, and the surrounding region. The majority of Gecina's real estate property portfolio is comprised of office buildings with residential properties also making up a substantial percentage. Most of Gecina's properties are located in the City of Paris, while others are also located in the Paris region and other French cities, such as Lyon. Gecina primarily generates revenue from rental income and the sale of its real estate properties. Most of this rental revenue is derived from its office buildings. Gecina's customers and occupants include businesses, students, and individuals. The company also manages the construction, redevelopment, and environmental operations of its assets.

Gecina Nom (XPAR:GFC) Headlines

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