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Deutsche EuroShop AG (XTER:DEQ) E10 : €1.83 (As of Dec. 2023)


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What is Deutsche EuroShop AG 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.

Deutsche EuroShop AG's adjusted earnings per share data for the three months ended in Dec. 2023 was €-1.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.83 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Deutsche EuroShop AG's average E10 Growth Rate was -100.00% 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 Deutsche EuroShop AG was -4.40% per year. The lowest was -7.40% per year. And the median was -6.80% per year.

As of today (2024-04-30), Deutsche EuroShop AG's current stock price is €18.92. Deutsche EuroShop AG's E10 for the quarter that ended in Dec. 2023 was €1.83. Deutsche EuroShop AG's Shiller PE Ratio of today is 10.34.

During the past 13 years, the highest Shiller PE Ratio of Deutsche EuroShop AG was 11.71. The lowest was 3.90. And the median was 9.22.


Deutsche EuroShop AG E10 Historical Data

The historical data trend for Deutsche EuroShop AG'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.

Deutsche EuroShop AG E10 Chart

Deutsche EuroShop AG 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 2.65 2.29 2.22 2.16 1.83

Deutsche EuroShop AG 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 2.16 2.24 2.18 2.22 1.83

Competitive Comparison of Deutsche EuroShop AG's E10

For the Real Estate Services subindustry, Deutsche EuroShop AG'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.


Deutsche EuroShop AG's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Deutsche EuroShop AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Deutsche EuroShop AG's Shiller PE Ratio falls into.



Deutsche EuroShop AG 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, Deutsche EuroShop AG'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)
=-1.42/123.6675*123.6675
=-1.420

Current CPI (Dec. 2023) = 123.6675.

Deutsche EuroShop AG Quarterly Data

per share eps CPI Adj_EPS
201403 0.405 99.543 0.503
201406 0.415 99.543 0.516
201409 0.405 99.823 0.502
201412 1.878 99.543 2.333
201503 0.445 99.717 0.552
201506 0.435 100.417 0.536
201509 0.425 100.417 0.523
201512 4.091 99.717 5.074
201603 0.445 100.017 0.550
201606 0.425 100.717 0.522
201609 0.415 101.017 0.508
201612 2.599 101.217 3.175
201703 0.474 101.417 0.578
201706 0.474 102.117 0.574
201709 0.464 102.717 0.559
201712 0.810 102.617 0.976
201803 0.484 102.917 0.582
201806 0.395 104.017 0.470
201809 0.435 104.718 0.514
201812 -0.040 104.217 -0.047
201903 0.632 104.217 0.750
201906 0.425 105.718 0.497
201909 0.435 106.018 0.507
201912 0.296 105.818 0.346
202003 0.445 105.718 0.521
202006 -2.510 106.618 -2.911
202009 0.376 105.818 0.439
202012 -2.332 105.518 -2.733
202103 0.356 107.518 0.409
202106 0.237 108.486 0.270
202109 0.109 109.435 0.123
202112 0.257 110.384 0.288
202203 0.400 113.968 0.434
202206 0.370 115.760 0.395
202209 0.300 118.818 0.312
202212 -0.700 119.345 -0.725
202303 0.370 122.402 0.374
202306 0.300 123.140 0.301
202309 0.410 124.195 0.408
202312 -1.420 123.668 -1.420

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


Deutsche EuroShop AG  (XTER:DEQ) 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.

Deutsche EuroShop AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.92/1.83
=10.34

* 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 Deutsche EuroShop AG was 11.71. The lowest was 3.90. And the median was 9.22.


Be Aware

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


Deutsche EuroShop AG E10 Related Terms

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


Deutsche EuroShop AG (XTER:DEQ) Business Description

Traded in Other Exchanges
Address
Heegbarg 36, Hamburg, DEU, 22391
Deutsche EuroShop AG is a German real estate investment firm that invests in shopping centers. The company's properties are mostly located in Germany, with the remainder in Austria, Poland, Hungary, and the Czech Republic. The company generates revenue from leasing properties to tenants, which include general retailers, consumer electronics retailers, and fashion and accessories stores. Deutsche EuroShop operates through two geographical segments: domestic, which contributes the majority of consolidated revenue, and international.
Executives
Hans-peter Kneip Board of Directors

Deutsche EuroShop AG (XTER:DEQ) Headlines

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