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Cofinimmo/NV (Cofinimmo/NV) E10 : $6.54 (As of Mar. 2024)


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What is Cofinimmo/NV 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.

Cofinimmo/NV's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.522. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $6.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cofinimmo/NV's average E10 Growth Rate was -3.60% per year. During the past 3 years, the average E10 Growth Rate was 6.60% per year. During the past 5 years, the average E10 Growth Rate was 0.60% 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 Cofinimmo/NV was 6.60% per year. The lowest was -6.70% per year. And the median was 5.20% per year.

As of today (2024-06-09), Cofinimmo/NV's current stock price is $62.265. Cofinimmo/NV's E10 for the quarter that ended in Mar. 2024 was $6.54. Cofinimmo/NV's Shiller PE Ratio of today is 9.52.

During the past 13 years, the highest Shiller PE Ratio of Cofinimmo/NV was 28.37. The lowest was 8.62. And the median was 20.50.


Cofinimmo/NV E10 Historical Data

The historical data trend for Cofinimmo/NV'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.

Cofinimmo/NV E10 Chart

Cofinimmo/NV 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 - - - 6.87 6.14

Cofinimmo/NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.18 7.03 6.46 6.14 6.54

Competitive Comparison of Cofinimmo/NV's E10

For the REIT - Diversified subindustry, Cofinimmo/NV'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.


Cofinimmo/NV's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cofinimmo/NV's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cofinimmo/NV's Shiller PE Ratio falls into.



Cofinimmo/NV 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, Cofinimmo/NV's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.522/130.5518*130.5518
=0.522

Current CPI (Mar. 2024) = 130.5518.

Cofinimmo/NV Quarterly Data

per share eps CPI Adj_EPS
201406 -4.745 99.482 -6.227
201409 0.458 99.195 0.603
201412 0.072 99.086 0.095
201503 -0.305 99.423 -0.400
201506 3.417 100.107 4.456
201509 2.136 100.245 2.782
201512 -0.097 100.572 -0.126
201603 0.022 101.653 0.028
201606 1.875 102.267 2.394
201609 2.024 102.118 2.588
201612 1.223 102.614 1.556
201703 1.876 103.972 2.356
201706 1.510 103.902 1.897
201709 2.205 104.170 2.763
201712 1.373 104.804 1.710
201803 3.810 105.419 4.718
201806 1.741 106.063 2.143
201809 2.380 106.618 2.914
201812 -0.046 107.252 -0.056
201903 1.220 107.876 1.476
201906 2.070 107.896 2.505
201909 2.626 107.470 3.190
201912 3.059 108.065 3.696
202003 1.801 108.550 2.166
202006 0.684 108.540 0.823
202009 1.708 108.441 2.056
202012 0.900 108.511 1.083
202103 1.964 109.522 2.341
202106 2.023 110.305 2.394
202109 2.717 111.543 3.180
202112 3.275 114.705 3.727
202203 5.815 118.620 6.400
202206 5.233 120.948 5.649
202209 4.545 124.120 4.781
202212 0.286 126.578 0.295
202303 0.567 126.528 0.585
202306 0.296 125.973 0.307
202309 0.363 127.083 0.373
202312 -3.043 128.292 -3.097
202403 0.522 130.552 0.522

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


Cofinimmo/NV  (OTCPK:CFMOF) 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.

Cofinimmo/NV's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=62.265/6.54
=9.52

* 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 Cofinimmo/NV was 28.37. The lowest was 8.62. And the median was 20.50.


Be Aware

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


Cofinimmo/NV E10 Related Terms

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


Cofinimmo/NV (Cofinimmo/NV) Business Description

Address
58 Boulevard de la Woluwedal, Brussels, BEL, 1200
Cofinimmo SA/NV is a Belgian real estate company primarily engaged in the ownership and management of the rental property in Western Europe. The vast majority of Cofinimmo's properties are split between office and healthcare purposes. The remainder is mainly restaurants, pubs, and insurance agencies. Most of Cofinimmo's assets are located in Belgium, while France is also home to a substantial share. The company's major tenants include healthcare firms, pubs and restaurants, banks, and insurance firms. Cofinimmo generates nearly all of its revenue through rental income. The company's healthcare and restaurant tenants typically sign long-term leases, while its office tenants generally elect for short-term agreements.

Cofinimmo/NV (Cofinimmo/NV) Headlines

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