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American Campus Communities (American Campus Communities) E10 : $0.81 (As of Mar. 2022)


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What is American Campus Communities 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.

American Campus Communities's adjusted earnings per share data for the three months ended in Mar. 2022 was $0.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.81 for the trailing ten years ended in Mar. 2022.

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 (2024-05-28), American Campus Communities's current stock price is $65.42. American Campus Communities's E10 for the quarter that ended in Mar. 2022 was $0.81. American Campus Communities's Shiller PE Ratio of today is 80.77.


American Campus Communities E10 Historical Data

The historical data trend for American Campus Communities'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.

American Campus Communities E10 Chart

American Campus Communities Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.68 0.77 0.81 0.79

American Campus Communities Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.78 0.77 0.79 0.81 -

Competitive Comparison of American Campus Communities's E10

For the REIT - Residential subindustry, American Campus Communities'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.


American Campus Communities's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, American Campus Communities's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where American Campus Communities's Shiller PE Ratio falls into.



American Campus Communities 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, American Campus Communities's adjusted earnings per share data for the three months ended in Mar. 2022 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=0.27/121.3010*121.3010
=0.270

Current CPI (Mar. 2022) = 121.3010.

American Campus Communities Quarterly Data

per share eps CPI Adj_EPS
201206 0.160 96.819 0.200
201209 0.000 97.633 0.000
201212 0.230 96.871 0.288
201303 0.200 98.209 0.247
201306 0.070 98.518 0.086
201309 0.450 98.790 0.553
201312 0.260 98.326 0.321
201403 0.270 99.695 0.329
201406 0.120 100.560 0.145
201409 -0.060 100.428 -0.072
201412 0.250 99.070 0.306
201503 0.620 99.621 0.755
201506 0.140 100.684 0.169
201509 0.010 100.392 0.012
201512 0.250 99.792 0.304
201603 0.360 100.470 0.435
201606 0.140 101.688 0.167
201609 0.070 101.861 0.083
201612 0.190 101.863 0.226
201703 0.250 102.862 0.295
201706 -0.020 103.349 -0.023
201709 -0.010 104.136 -0.012
201712 0.280 104.011 0.327
201803 0.180 105.290 0.207
201806 0.330 106.317 0.377
201809 -0.020 106.507 -0.023
201812 0.340 105.998 0.389
201903 0.210 107.251 0.238
201906 0.070 108.070 0.079
201909 0.140 108.329 0.157
201912 0.180 108.420 0.201
202003 0.580 108.902 0.646
202006 -0.100 108.767 -0.112
202009 -0.150 109.815 -0.166
202012 0.180 109.897 0.199
202103 0.110 111.754 0.119
202106 -0.070 114.631 -0.074
202109 -0.090 115.734 -0.094
202112 0.290 117.630 0.299
202203 0.270 121.301 0.270

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


American Campus Communities  (NYSE:ACC) 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.

American Campus Communities's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=65.42/0.81
=80.77

* 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.


Be Aware

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


American Campus Communities E10 Related Terms

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


American Campus Communities (American Campus Communities) Business Description

Traded in Other Exchanges
N/A
Address
12700 Hill Country Boulevard, Suite T-200, Austin, TX, USA, 78738
American Campus Communities Inc or ACC, is a real estate investment trust engaged in the acquisition, management, and development of student housing properties near universities and colleges throughout the United States. The company segments its activities into Owned properties, On-campus participating properties, Development services, and Property management services. The vast majority of ACC's real estate portfolio is made up of wholly-owned properties in terms of total units. The company also derives nearly all of its income in the form of rental revenue from leasing its wholly-owned real estate assets to students through short-term leases. ACC is one of the owners of student housing properties in the U.S. in terms of the total number of beds owned.
Executives
John T Rippel director 12700 HILL COUNTRY BLVD T-200 AUSTIN TX 78738
Bayless William C Jr director, officer: President & CEO 12700 HILL COUNTRY BLVD. SUITE T-200 AUSTIN TX 78738
Wilhelm James E Iii officer: EVP PublicPrivate Transactions 805 LAS CIMAS PARKWAY SUITE 400 AUSTIN TX 78746
Lonnie Marietta Ledbetter officer: EVP, Chief Purpose & Inclusion 12700 HILL COUNTRY BLVD T-200 AUSTIN TX 78738
Cardenas Jorge De officer: EVP & Chief Technology Officer 12700 HILL COUNTRY BLVD STE T200 AUSTIN TX 78738
Hopke James Clarence Jr officer: EVP, Proj. Mgmt & Construction 805 LAS CIMAS PARKWAY SUITE 400 AUSTIN TX 78746
Alison Hill director 12700 HILL COUNTRY BOULEVARD SUITE T-200 AUSTIN TX 78738
Herman E Bulls director JONES LANG LASALLE, 1801 K STREET NW SUITE 1000, WASHINGTON DC 20006
Craig Leupold director 12700 HILL COUNTRY BOULEVARD SUITE T-200 AUSTIN TX 78738
Oliver Luck director 12700 HILL COUNTRY BLVD, STE T-200, AUSTIN TX 78738
Sublett Carla Pineyro director 12700 HILL COUNTRY BLVD T-200 AUSTIN TX 78738
Mary Egan director 520 ZANG STREET, SUITE D, BROOMFIELD CO 80021
Jennifer Beese officer: E.V.P, Operation & Leasing 12700 HILL COUNTRY BLVD SUITE T-200 AUSTIN TX 78738
Chandlee William Blakeley Iii director 2801 GREENLEE DRIVE AUSTIN TX 78703
Daniel Perry officer: Executive VP, Capital Markets 12700 HILL COUNTRY BLVD., SUITE T-200 AUSTIN TX 78733

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