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Africa Israel Residences (XTAE:AFRE) E10 : ₪12.38 (As of Dec. 2023)


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What is Africa Israel Residences 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.

Africa Israel Residences's adjusted earnings per share data for the three months ended in Dec. 2023 was ₪5.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₪12.38 for the trailing ten years ended in Dec. 2023.

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 (2024-05-17), Africa Israel Residences's current stock price is ₪233.00. Africa Israel Residences's E10 for the quarter that ended in Dec. 2023 was ₪12.38. Africa Israel Residences's Shiller PE Ratio of today is 18.82.

During the past 12 years, the highest Shiller PE Ratio of Africa Israel Residences was 20.72. The lowest was 13.11. And the median was 16.52.


Africa Israel Residences E10 Historical Data

The historical data trend for Africa Israel Residences'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.

Africa Israel Residences E10 Chart

Africa Israel Residences 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 - - - - 12.38

Africa Israel Residences Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - 9.08 11.81 12.06 12.38

Competitive Comparison of Africa Israel Residences's E10

For the Real Estate - Development subindustry, Africa Israel Residences'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.


Africa Israel Residences's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Africa Israel Residences's Shiller PE Ratio falls into.



Africa Israel Residences 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, Africa Israel Residences's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.93/129.4194*129.4194
=5.930

Current CPI (Dec. 2023) = 129.4194.

Africa Israel Residences Quarterly Data

per share eps CPI Adj_EPS
201403 0.710 99.695 0.922
201406 1.240 100.560 1.596
201409 1.210 100.428 1.559
201412 1.900 99.070 2.482
201503 0.960 99.621 1.247
201506 1.660 100.684 2.134
201509 0.260 100.392 0.335
201512 5.100 99.792 6.614
201603 1.560 100.470 2.009
201606 1.060 101.688 1.349
201609 3.310 101.861 4.206
201612 4.890 101.863 6.213
201703 1.320 102.862 1.661
201706 1.590 103.349 1.991
201709 5.810 104.136 7.221
201712 2.430 104.011 3.024
201803 1.210 105.290 1.487
201806 1.260 106.317 1.534
201809 1.710 106.507 2.078
201812 2.600 105.998 3.175
201903 1.100 107.251 1.327
201906 1.410 108.070 1.689
201909 1.510 108.329 1.804
201912 4.221 108.420 5.039
202003 0.050 108.902 0.059
202006 3.310 108.767 3.938
202009 1.540 109.815 1.815
202012 4.960 109.897 5.841
202103 0.800 111.754 0.926
202106 1.850 114.631 2.089
202109 2.380 115.734 2.661
202112 12.360 117.630 13.599
202203 1.480 121.301 1.579
202206 8.300 125.017 8.592
202209 2.200 125.227 2.274
202212 3.970 125.222 4.103
202303 1.830 127.348 1.860
202306 3.170 128.729 3.187
202309 2.630 129.860 2.621
202312 5.930 129.419 5.930

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


Africa Israel Residences  (XTAE:AFRE) 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.

Africa Israel Residences's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=233.00/12.38
=18.82

* 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 12 years, the highest Shiller P/E Ratio of Africa Israel Residences was 20.72. The lowest was 13.11. And the median was 16.52.


Be Aware

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


Africa Israel Residences E10 Related Terms

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


Africa Israel Residences (XTAE:AFRE) Business Description

Traded in Other Exchanges
N/A
Address
1 Yoni Netanyahu Street, Or Yehuda, ISR
Africa Israel Residences Ltd operates in the field of residential real estate industry. The company offers high quality new apartments featuring specifications within residential neighborhoods. It projects include Savyoney Ganey Tikva, Savyoney Givat Shmuel, borochov 47, Givatayim Savyoney Nof Hadera, Savyon Platinum Tower, Ramat Gan, Savyoney TLV, Kiryat Savyonim, Yehud, Life Park, Petah Tikvah amomg others.

Africa Israel Residences (XTAE:AFRE) Headlines

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