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Lightstone Value Plus REIT I (Lightstone Value Plus REIT I) E10 : $0.74 (As of Mar. 2024)


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What is Lightstone Value Plus REIT I 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.

Lightstone Value Plus REIT I's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lightstone Value Plus REIT I's average E10 Growth Rate was -14.00% 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.

As of today (2024-06-08), Lightstone Value Plus REIT I's current stock price is $4.65. Lightstone Value Plus REIT I's E10 for the quarter that ended in Mar. 2024 was $0.74. Lightstone Value Plus REIT I's Shiller PE Ratio of today is 6.28.

During the past 13 years, the highest Shiller PE Ratio of Lightstone Value Plus REIT I was 8.11. The lowest was 6.28. And the median was 7.33.


Lightstone Value Plus REIT I E10 Historical Data

The historical data trend for Lightstone Value Plus REIT I'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.

Lightstone Value Plus REIT I E10 Chart

Lightstone Value Plus REIT I 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 - - 1.22 0.86 0.75

Lightstone Value Plus REIT I 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 0.86 0.79 0.74 0.75 0.74

Competitive Comparison of Lightstone Value Plus REIT I's E10

For the REIT - Hotel & Motel subindustry, Lightstone Value Plus REIT I'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.


Lightstone Value Plus REIT I's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lightstone Value Plus REIT I's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Lightstone Value Plus REIT I's Shiller PE Ratio falls into.



Lightstone Value Plus REIT I 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, Lightstone Value Plus REIT I'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)
=-0.19/131.7762*131.7762
=-0.190

Current CPI (Mar. 2024) = 131.7762.

Lightstone Value Plus REIT I Quarterly Data

per share eps CPI Adj_EPS
201406 -0.020 100.560 -0.026
201409 0.900 100.428 1.181
201412 -0.141 99.070 -0.188
201503 0.820 99.621 1.085
201506 1.400 100.684 1.832
201509 0.030 100.392 0.039
201512 0.071 99.792 0.094
201603 0.054 100.470 0.071
201606 0.870 101.688 1.127
201609 0.280 101.861 0.362
201612 0.130 101.863 0.168
201703 0.040 102.862 0.051
201706 0.250 103.349 0.319
201709 0.470 104.136 0.595
201712 0.040 104.011 0.051
201803 -0.030 105.290 -0.038
201806 0.490 106.317 0.607
201809 0.170 106.507 0.210
201812 0.020 105.998 0.025
201903 0.830 107.251 1.020
201906 -0.070 108.070 -0.085
201909 0.170 108.329 0.207
201912 0.110 108.420 0.134
202003 -0.850 108.902 -1.029
202006 0.260 108.767 0.315
202009 0.010 109.815 0.012
202012 0.390 109.897 0.468
202103 0.460 111.754 0.542
202106 0.440 114.631 0.506
202109 -0.400 115.734 -0.455
202112 0.360 117.630 0.403
202203 -0.240 121.301 -0.261
202206 -0.400 125.017 -0.422
202209 -0.620 125.227 -0.652
202212 -0.010 125.222 -0.011
202303 -0.280 127.348 -0.290
202306 -0.130 128.729 -0.133
202309 -0.410 129.860 -0.416
202312 0.120 129.419 0.122
202403 -0.190 131.776 -0.190

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


Lightstone Value Plus REIT I  (GREY:LHTV) 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.

Lightstone Value Plus REIT I's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.65/0.74
=6.28

* 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 Lightstone Value Plus REIT I was 8.11. The lowest was 6.28. And the median was 7.33.


Be Aware

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


Lightstone Value Plus REIT I E10 Related Terms

Thank you for viewing the detailed overview of Lightstone Value Plus REIT I's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Lightstone Value Plus REIT I (Lightstone Value Plus REIT I) Business Description

Traded in Other Exchanges
N/A
Address
1985 Cedar Bridge Avenue, Suite 1, Lakewood, NJ, USA, 08701
Lightstone Value Plus REIT I Inc operates as a real estate investment trust company. Principally, it engages in the business of investing in and owning commercial and residential real estate properties located in the United States. Additionally, its commercial holdings consist of retail primarily multi-tenant shopping centers, lodging, industrial and residential properties comprised of multi-family complexes. The company generates revenue through the provision of rental, tenant, and other services.
Executives
Howard E Friedman director 6201 GREEN MEADOW WAY, BALTIMORE MD 21209
Owen Peyton H Jr officer: President C/O LIGHTSTONE GROUP, 326 THIRD STREET, LAKEWOOD NJ 08701
Donna Brandin officer: CFO and Treasurer C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
George R Whittemore director P.O. BOX 330, MIDLOTHIAN VA 23113
Michael M Schurer officer: CFO, Treasurer C/O THE LIGHTSTONE GROUP, LLC, 326 3RD STREET, LAKEWOOD NJ 08701
Stephen H Hamrick officer: VP, Investor Relations 139 VAN BOLEN WAY, MAHWAH NJ 07430
David Lichtenstein director, officer: CEO, President, Chairmn Bd Dr C/O THE LIGHTSTONE GROUP, LLC, 1985 CEDAR BRIDGE AVENUE, SUITE 1, LAKEWOOD NJ 08701
Edwin J Glickman director
Vinck Bruno De director, officer: COO, Senior VP, Secretary C/O THE LIGHTSTONE GROUP, LLC, 1985 CEDAR BRIDGE AVENUE, SUITE 1, LAKEWOOD NJ 08701
Shawn R Tominus director C/O METRO MANAGEMENT, P.O. BOX 425, OLD BRIDGE NJ 08857
Joseph E Teichman officer: General Counsel C/O LIGHTSTONE VALUE PLUS REIT, INC., 326 THIRD STREET, LAKEWOOD NJ 08701

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