ZDPY (Zoned Properties) E10: $0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ZDPY Zoned Properties Inc ZDPY
46 GF Score
Price $0.47
GF Value $0.69
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Zoned Properties E10?

Zoned Properties ZDPY -0.64% 46 E10 is $0.00 as of Mar. 2026. GuruFocus rates ZDPY with a GF Score™ of 46/100 and a GF Value™ of $0.69 (Possible Value Trap). The stock has 8 warning signs investors should review.

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.

Zoned Properties's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Mar. 2026.

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 Zoned Properties was 81.30% per year. The lowest was 79.50% per year. And the median was 80.40% per year.

As of today (2026-07-31), Zoned Properties's current stock price is $0.46615. Zoned Properties's E10 for the quarter that ended in Mar. 2026 was $0.00. Zoned Properties's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Zoned Properties was 11.25. The lowest was 0.05. And the median was 1.20.


Zoned Properties  (OTCPK:ZDPY) 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.

During the past 13 years, the highest Shiller P/E Ratio of Zoned Properties was 11.25. The lowest was 0.05. And the median was 1.20.


Be Aware

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


Zoned Properties E10 Related Terms


Zoned Properties E10 Historical Data

* Premium members only.

The historical data trend for Zoned 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.

Zoned Properties E10 Chart

Zoned Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.61 11.86 -0.21 -0.03 -0.05

Zoned Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.03 0.00 -0.02 -0.05 0.00

ZDPY vs AIRE, GBR, CHGA: E10 Comparison

For the Real Estate Services subindustry, Zoned 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.


Zoned Properties Shiller PE Ratio vs Real Estate Industry

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

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


ZDPY
46GF Score
Zoned Properties Inc ZDPY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zoned 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, Zoned Properties's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0/330.2130*330.2130
=0.000

Current CPI (Mar. 2026) = 330.2130.

Zoned Properties Quarterly Data

per share eps CPI Adj_EPS
201606 -0.010 241.018 -0.014
201609 0.004 241.428 0.005
201612 -0.010 241.432 -0.014
201703 0.050 243.801 0.068
201706 0.010 244.955 0.013
201709 0.010 246.819 0.013
201712 0.010 246.524 0.013
201803 0.010 249.554 0.013
201806 -0.120 251.989 -0.157
201809 0.001 252.439 0.001
201812 -0.010 251.233 -0.013
201903 -0.001 254.202 -0.001
201906 0.001 256.143 0.001
201909 0.000 256.759 0.000
201912 -0.002 256.974 -0.003
202003 -0.010 258.115 -0.013
202006 -0.002 257.797 -0.003
202009 0.002 260.280 0.003
202012 0.000 260.474 0.000
202103 -0.010 264.877 -0.012
202106 0.010 271.696 0.012
202109 -0.010 274.310 -0.012
202112 -0.006 278.802 -0.007
202203 -0.002 287.504 -0.002
202206 -0.003 296.311 -0.003
202209 -0.010 296.808 -0.011
202212 -0.040 296.797 -0.045
202303 -0.030 301.836 -0.033
202306 0.003 305.109 0.003
202309 0.010 307.789 0.011
202312 -0.030 306.746 -0.032
202403 0.010 312.332 0.011
202406 0.000 314.175 0.000
202409 0.000 315.301 0.000
202412 0.040 315.605 0.042
202503 0.010 319.799 0.010
202506 0.000 322.561 0.000
202509 0.010 324.800 0.010
202512 -0.270 324.054 -0.275
202603 0.000 330.213 0.000

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.00 mean?
Zoned Properties (ZDPY) has a E10 of $0.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Zoned Properties and its competitors.
Is Zoned Properties' E10 too high?
Zoned Properties' current E10 is $0.00. Overall, Zoned Properties has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zoned Properties' E10 compare to AIRE and GBR?
Zoned Properties' E10 of $0.00 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Real Estate company?
A good E10 depends on the Real Estate industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Zoned Properties and its competitors. Zoned Properties's current E10 is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoned Properties stock overvalued right now?
Based on GuruFocus' analysis, Zoned Properties (ZDPY) is currently considered Possible Value Trap. The stock's GF Value™ is $0.69, compared to a current price of $0.47 — trading 32.4% below its estimated fair value. The current E10 is $0.00. Zoned Properties' overall GF Score™ is 46/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Zoned Properties (ZDPY), the current E10 is $0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zoned Properties (ZDPY) Overvalued in 2026?

Based on GuruFocus' analysis, Zoned Properties stock appears to be undervalued. The current stock price of $0.47 is trading 32.4% below its estimated GF Value™ of $0.69. GuruFocus considers Zoned Properties to be Possible Value Trap.

Key valuation signals for ZDPY:

  • E10: $0.00
  • GF Value™: $0.69 vs. price of $0.47 (32.4% below fair value)
  • GF Score™: 46/100 with 8 warning signs

No single metric tells the full story. See the ZDPY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zoned Properties Business Description

Address 8360 E. Raintree Drive, Suite 230, Scottsdale, AZ, USA, 85260
Zoned Properties Inc is a technology-driven property investment company focused on acquiring value-added real estate within the regulated cannabis industry in the United States. The company aspires to innovate within real estate development sector, focusing on direct-to-consumer real estate that is leased to cannabis retailers. The company also provides related real estate services, including brokerage and advisory services. It operates in two segments: i) the Property Investment Portfolio: It includes the operations, leasing and management of its commercial properties, and ii) Real Estate Services: It includes the advisory, brokerage and technology services related to commercial properties. The company generates the majority of its revenue from the Property Investment Portfolio segment.
46GF Score

Get the complete analysis for ZDPY

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.47
Price
$0.69
GF Value