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EPR Properties (FRA:E2H) E10 : €2.31 (As of Mar. 2024)


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What is EPR 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.

EPR Properties's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, EPR Properties's average E10 Growth Rate was -4.90% per year. During the past 3 years, the average E10 Growth Rate was 0.30% per year. During the past 5 years, the average E10 Growth Rate was -0.70% per year. During the past 10 years, the average E10 Growth Rate was 0.90% 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 EPR Properties was 5.00% per year. The lowest was -2.70% per year. And the median was 1.15% per year.

As of today (2024-05-23), EPR Properties's current stock price is €38.30. EPR Properties's E10 for the quarter that ended in Mar. 2024 was €2.31. EPR Properties's Shiller PE Ratio of today is 16.58.

During the past 13 years, the highest Shiller PE Ratio of EPR Properties was 33.74. The lowest was 6.27. And the median was 22.50.


EPR Properties E10 Historical Data

The historical data trend for EPR 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.

EPR Properties E10 Chart

EPR 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 1.39 1.91 2.28 2.46 2.31

EPR 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 2.35 2.46 2.47 2.31 2.31

Competitive Comparison of EPR Properties's E10

For the REIT - Specialty subindustry, EPR 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.


EPR Properties's Shiller PE Ratio Distribution in the REITs Industry

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

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



EPR 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, EPR 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)
=0.69/131.7762*131.7762
=0.690

Current CPI (Mar. 2024) = 131.7762.

EPR Properties Quarterly Data

per share eps CPI Adj_EPS
201406 0.478 100.560 0.626
201409 0.528 100.428 0.693
201412 0.657 99.070 0.874
201503 0.591 99.621 0.782
201506 0.668 100.684 0.874
201509 0.677 100.392 0.889
201512 0.716 99.792 0.945
201603 0.691 100.470 0.906
201606 0.685 101.688 0.888
201609 0.722 101.861 0.934
201612 0.777 101.863 1.005
201703 0.701 102.862 0.898
201706 0.908 103.349 1.158
201709 0.646 104.136 0.817
201712 0.625 104.011 0.792
201803 0.260 105.290 0.325
201806 0.984 106.317 1.220
201809 0.986 106.507 1.220
201812 0.571 105.998 0.710
201903 0.699 107.251 0.859
201906 0.699 108.070 0.852
201909 0.327 108.329 0.398
201912 0.351 108.420 0.427
202003 0.362 108.902 0.438
202006 -0.799 108.767 -0.968
202009 -1.044 109.815 -1.253
202012 -0.288 109.897 -0.345
202103 -0.034 111.754 -0.040
202106 0.141 114.631 0.162
202109 0.298 115.734 0.339
202112 0.451 117.630 0.505
202203 0.436 121.301 0.474
202206 0.435 125.017 0.459
202209 0.606 125.227 0.638
202212 0.453 125.222 0.477
202303 0.644 127.348 0.666
202306 0.092 128.729 0.094
202309 0.618 129.860 0.627
202312 0.477 129.419 0.486
202403 0.690 131.776 0.690

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


EPR Properties  (FRA:E2H) 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.

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

Shiller PE Ratio=Share Price/E10
=38.30/2.31
=16.58

* 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 EPR Properties was 33.74. The lowest was 6.27. And the median was 22.50.


Be Aware

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


EPR Properties E10 Related Terms

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


EPR Properties (FRA:E2H) Business Description

Address
909 Walnut Street, Suite 200, Kansas, MO, USA, 64106
EPR Properties is a real estate investment trust that leases experiential properties in the United States and Canada. The company invests in two property segments: experiential, including theaters, family entertainment centers, ski resorts, and other attractions; and education, including early childhood education centers and private school properties. New investments are determined based on value and opportunity of the respective industry, location quality, and credit quality of tenants. The majority of revenue comes from the experiential sector. Texas, Florida, New York, and California are key revenue-driving states.

EPR Properties (FRA:E2H) Headlines

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