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Grand City Properties (XTER:GYC) E10 : €1.94 (As of Jun. 2024)


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What is Grand City Properties 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.

Grand City Properties's adjusted earnings per share data for the three months ended in Jun. 2024 was €-0.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.94 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Grand City Properties's average E10 Growth Rate was -19.50% 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.

As of today (2024-09-21), Grand City Properties's current stock price is €12.29. Grand City Properties's E10 for the quarter that ended in Jun. 2024 was €1.94. Grand City Properties's Shiller PE Ratio of today is 6.34.

During the past 13 years, the highest Shiller PE Ratio of Grand City Properties was 9.83. The lowest was 0.06. And the median was 4.16.


Grand City Properties E10 Historical Data

The historical data trend for Grand City Properties'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.

Grand City Properties E10 Chart

Grand City Properties 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 - - 3.09 2.62 2.05

Grand City Properties Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.41 2.34 2.05 2.03 1.94

Competitive Comparison of Grand City Properties's E10

For the Real Estate Services subindustry, Grand City Properties'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.


Grand City Properties's Shiller PE Ratio Distribution in the Real Estate Industry

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

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



Grand City Properties 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, Grand City Properties's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.55/123.1200*123.1200
=-0.550

Current CPI (Jun. 2024) = 123.1200.

Grand City Properties Quarterly Data

per share eps CPI Adj_EPS
201409 0.250 99.900 0.308
201412 0.440 98.830 0.548
201503 0.530 99.980 0.653
201506 0.710 100.640 0.869
201509 0.530 100.380 0.650
201512 0.590 99.910 0.727
201603 0.430 100.030 0.529
201606 0.910 100.660 1.113
201609 0.510 100.750 0.623
201612 0.820 101.040 0.999
201703 0.460 101.780 0.556
201706 0.660 102.170 0.795
201709 0.790 102.520 0.949
201712 1.110 102.410 1.334
201803 0.650 102.900 0.778
201806 0.680 103.650 0.808
201809 0.820 104.580 0.965
201812 0.610 104.320 0.720
201903 0.610 105.140 0.714
201906 0.590 105.550 0.688
201909 0.490 105.900 0.570
201912 0.600 106.080 0.696
202003 0.230 106.040 0.267
202006 0.930 106.340 1.077
202009 0.430 106.620 0.497
202012 0.430 106.670 0.496
202103 0.190 108.140 0.216
202106 0.500 108.680 0.566
202109 0.630 109.470 0.709
202112 1.590 111.090 1.762
202203 0.170 114.780 0.182
202206 1.030 116.750 1.086
202209 0.160 117.000 0.168
202212 -0.590 117.060 -0.621
202303 -0.090 118.910 -0.093
202306 -1.930 120.460 -1.973
202309 0.010 121.740 0.010
202312 -1.180 121.170 -1.199
202403 0.170 122.590 0.171
202406 -0.550 123.120 -0.550

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


Grand City Properties  (XTER:GYC) 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.

Grand City Properties's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.29/1.94
=6.34

* 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 Grand City Properties was 9.83. The lowest was 0.06. And the median was 4.16.


Be Aware

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


Grand City Properties E10 Related Terms

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


Grand City Properties Business Description

Traded in Other Exchanges
Address
37, Boulevard Joseph II, Luxembourg, LUX, L-1840
Grand City Properties SA is a real estate company. It is a specialist real estate company focused on buying, re-developing, optimizing, repositioning, investing and managing value-add opportunities in the German real estate market. The company is also involved in asset and property management activities along with the real estate value chain. Its portfolio is mainly located in Berlin, North Rhine Westphalia, Dresden, Leipzig, Halle, Nuremberg, Munich, Mannheim, Frankfurt, Bremen, and Hamburg.
Executives
Christian Windfuhr Chairman

Grand City Properties Headlines