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DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) E10 : €0.43 (As of Sep. 2023)


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What is DEMIRE Deutsche Mittelstand Real Estate 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.

DEMIRE Deutsche Mittelstand Real Estate AG's adjusted earnings per share data for the three months ended in Sep. 2023 was €-0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.43 for the trailing ten years ended in Sep. 2023.

During the past 12 months, DEMIRE Deutsche Mittelstand Real Estate AG's average E10 Growth Rate was -18.90% 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.

As of today (2024-06-04), DEMIRE Deutsche Mittelstand Real Estate AG's current stock price is €1.08. DEMIRE Deutsche Mittelstand Real Estate AG's E10 for the quarter that ended in Sep. 2023 was €0.43. DEMIRE Deutsche Mittelstand Real Estate AG's Shiller PE Ratio of today is 2.51.

During the past 13 years, the highest Shiller PE Ratio of DEMIRE Deutsche Mittelstand Real Estate AG was 64.57. The lowest was 1.67. And the median was 4.65.


DEMIRE Deutsche Mittelstand Real Estate AG E10 Historical Data

The historical data trend for DEMIRE Deutsche Mittelstand Real Estate 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.

DEMIRE Deutsche Mittelstand Real Estate AG E10 Chart

DEMIRE Deutsche Mittelstand Real Estate AG Annual Data
Trend Mar13 Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.25 0.55

DEMIRE Deutsche Mittelstand Real Estate AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.53 0.55 0.56 0.42 0.43

Competitive Comparison of DEMIRE Deutsche Mittelstand Real Estate AG's E10

For the Real Estate Services subindustry, DEMIRE Deutsche Mittelstand Real Estate 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.


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

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

* The bar in red indicates where DEMIRE Deutsche Mittelstand Real Estate AG's Shiller PE Ratio falls into.



DEMIRE Deutsche Mittelstand Real Estate 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, DEMIRE Deutsche Mittelstand Real Estate AG's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.03/124.1946*124.1946
=-0.030

Current CPI (Sep. 2023) = 124.1946.

DEMIRE Deutsche Mittelstand Real Estate AG Quarterly Data

per share eps CPI Adj_EPS
201303 -0.430 98.516 -0.542
201309 -0.080 98.983 -0.100
201403 -0.430 99.543 -0.536
201409 0.350 99.823 0.435
201412 1.730 99.543 2.158
201503 0.020 99.717 0.025
201506 -0.030 100.417 -0.037
201509 0.050 100.417 0.062
201512 0.537 99.717 0.669
201603 0.030 100.017 0.037
201606 0.020 100.717 0.025
201609 -0.240 101.017 -0.295
201612 0.584 101.217 0.717
201703 0.002 101.417 0.002
201706 0.070 102.117 0.085
201709 0.010 102.717 0.012
201712 0.140 102.617 0.169
201803 0.270 102.917 0.326
201806 0.292 104.017 0.349
201809 0.038 104.718 0.045
201812 0.190 104.217 0.226
201903 0.050 104.217 0.060
201906 0.241 105.718 0.283
201909 0.023 106.018 0.027
201912 0.380 105.818 0.446
202003 0.060 105.718 0.070
202006 0.020 106.618 0.023
202009 0.080 105.818 0.094
202012 -0.070 105.518 -0.082
202103 0.080 107.518 0.092
202106 0.050 108.486 0.057
202109 0.080 109.435 0.091
202112 0.340 110.384 0.383
202203 0.070 113.968 0.076
202206 0.050 115.760 0.054
202209 0.070 118.818 0.073
202212 -0.810 119.345 -0.843
202303 -0.170 122.402 -0.172
202306 -0.240 123.140 -0.242
202309 -0.030 124.195 -0.030

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


DEMIRE Deutsche Mittelstand Real Estate AG  (XTER:DMRE) 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.

DEMIRE Deutsche Mittelstand Real Estate AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.08/0.43
=2.51

* 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 DEMIRE Deutsche Mittelstand Real Estate AG was 64.57. The lowest was 1.67. And the median was 4.65.


Be Aware

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


DEMIRE Deutsche Mittelstand Real Estate AG E10 Related Terms

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


DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Business Description

Traded in Other Exchanges
Address
Robert-Bosch-Straße 11, Langen, Frankfurt, DEU, D-63225
DEMIRE Deutsche Mittelstand Real Estate AG is a Germany-based commercial real estate company. It focuses on German real estate market and is an investor and property holder in the segment for secondary locations where its activities include acquisition management and rental of commercial properties. The company concentrates on office, retail, hotel and logistics, real estate and owns properties in medium-sized cities and locations bordering metropolitan areas across Germany, such as in the Munich, Freiburg, Rostock, Dusseldorf, Bonn, Hamburg, Berlin and Dresden areas. The Company's particular strength lies in realizing the potential of the properties at these locations while focusing on a range of properties that appeals to both regional and international tenants.

DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Headlines