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Capital Properties (Capital Properties) E10 : $0.43 (As of Mar. 2024)


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What is Capital 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.

Capital Properties's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.070. 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 Mar. 2024.

During the past 12 months, Capital Properties's average E10 Growth Rate was 10.30% per year. During the past 3 years, the average E10 Growth Rate was 5.30% per year. During the past 5 years, the average E10 Growth Rate was 4.60% per year. During the past 10 years, the average E10 Growth Rate was 2.10% 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 Capital Properties was 16.60% per year. The lowest was -7.80% per year. And the median was 1.90% per year.

As of today (2024-06-06), Capital Properties's current stock price is $10.05. Capital Properties's E10 for the quarter that ended in Mar. 2024 was $0.43. Capital Properties's Shiller PE Ratio of today is 23.37.

During the past 13 years, the highest Shiller PE Ratio of Capital Properties was 48.93. The lowest was 18.50. And the median was 35.45.


Capital Properties E10 Historical Data

The historical data trend for Capital 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.

Capital Properties E10 Chart

Capital 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 0.35 0.36 0.37 0.39 0.42

Capital Properties 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 0.39 0.40 0.41 0.42 0.43

Competitive Comparison of Capital Properties's E10

For the Real Estate Services subindustry, Capital 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.


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

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

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



Capital 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, Capital Properties'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)
=0.07/131.7762*131.7762
=0.070

Current CPI (Mar. 2024) = 131.7762.

Capital Properties Quarterly Data

per share eps CPI Adj_EPS
201406 0.070 100.560 0.092
201409 0.070 100.428 0.092
201412 0.070 99.070 0.093
201503 0.060 99.621 0.079
201506 0.090 100.684 0.118
201509 0.080 100.392 0.105
201512 0.093 99.792 0.123
201603 0.080 100.470 0.105
201606 0.090 101.688 0.117
201609 0.080 101.861 0.103
201612 0.027 101.863 0.035
201703 0.760 102.862 0.974
201706 0.070 103.349 0.089
201709 0.040 104.136 0.051
201712 0.039 104.011 0.049
201803 0.160 105.290 0.200
201806 0.080 106.317 0.099
201809 0.090 106.507 0.111
201812 -0.140 105.998 -0.174
201903 0.190 107.251 0.233
201906 0.070 108.070 0.085
201909 0.080 108.329 0.097
201912 0.033 108.420 0.040
202003 0.090 108.902 0.109
202006 0.080 108.767 0.097
202009 0.070 109.815 0.084
202012 0.060 109.897 0.072
202103 0.060 111.754 0.071
202106 0.080 114.631 0.092
202109 0.090 115.734 0.102
202112 0.058 117.630 0.065
202203 0.060 121.301 0.065
202206 0.090 125.017 0.095
202209 0.060 125.227 0.063
202212 0.060 125.222 0.063
202303 0.070 127.348 0.072
202306 0.100 128.729 0.102
202309 0.080 129.860 0.081
202312 0.090 129.419 0.092
202403 0.070 131.776 0.070

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


Capital Properties  (OTCPK:CPTP) 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.

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

Shiller PE Ratio=Share Price/E10
=10.05/0.43
=23.37

* 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 Capital Properties was 48.93. The lowest was 18.50. And the median was 35.45.


Be Aware

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


Capital Properties E10 Related Terms

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


Capital Properties (Capital Properties) Business Description

Traded in Other Exchanges
N/A
Address
5 Steeple Street, Unit 303, Providence, RI, USA, 02903
Capital Properties Inc is a real estate company. The company's business activities include the long-term leasing of certain real estate interests in downtown Providence, Rhode Island, the leasing of a portion of its building under short-term leasing arrangements, and the leasing of locations along interstate and primary highways in Rhode Island and Massachusetts. The properties of the company include historic buildings in and adjacent to the Capital Center District in Providence, Rhode Island, as well as owns several locations on which billboard faces are constructed. Its only operating segment is Leasing.
Executives
Daniel T Noreck director 75 HAMMOND STREET, WORCESTER MA 01610
Linda Eder other: See Remarks 100 DEXTER ROAD, EAST PROVIDENCE RI 02914
Eder 2022 Community Property Trust 10 percent owner 220 SUNRISE AVENUE, SUITE 205, PALM BEACH FL 33480
Robert H Eder director, 10 percent owner, officer: CEO & President 5 STEEPLE STREET, #303, PROVIDENCE RI 02903
Susan R. Johnson officer: Treasurer 5 STEEPLE STREET, UNIT 303, PROVIDENCE RI 02903
Steven G Triedman director 25 POWER STREET, PROVIDENCE RI 02903
P Scott Conti officer: President 75 HAMMOND STREET, WORCESTER MA 01610
Craig M Scott director 75 HAMMOND STREET, WORCESTER MA 01610
Matthew C Baum director 152 IRVING AVENUE, PROVIDENCE RI 02906
Todd D Turcotte officer: Vice President 100 DEXTER ROAD, EAST PROVIDENCE RI 02914
Roy J Nirschel director 45 FERRY ROAD, BRISTOL RI 02809
Alfred J Corso director 6 LEWIS STREET, BARRINGTON RI 02806
Stephen J Carlotti 10 percent owner 1500 FLEET CENTER, PROVIDENCE RI 02903
Barbara J Dreyer officer: Treasurer
Harris N Rosen director

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