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Green Brick Partners (STU:2G1) E10 : €2.49 (As of Mar. 2024)


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What is Green Brick Partners 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.

Green Brick Partners's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.674. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Green Brick Partners's average E10 Growth Rate was 94.30% 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 Green Brick Partners was 68.30% per year. The lowest was 35.40% per year. And the median was 55.70% per year.

As of today (2024-05-23), Green Brick Partners's current stock price is €51.64. Green Brick Partners's E10 for the quarter that ended in Mar. 2024 was €2.49. Green Brick Partners's Shiller PE Ratio of today is 20.74.

During the past 13 years, the highest Shiller PE Ratio of Green Brick Partners was 144.59. The lowest was 19.10. And the median was 27.19.


Green Brick Partners E10 Historical Data

The historical data trend for Green Brick Partners'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.

Green Brick Partners E10 Chart

Green Brick Partners 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 -1.85 -0.52 -0.09 1.09 2.24

Green Brick Partners 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 1.28 1.50 1.83 2.24 2.49

Competitive Comparison of Green Brick Partners's E10

For the Residential Construction subindustry, Green Brick Partners'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.


Green Brick Partners's Shiller PE Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Green Brick Partners's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Green Brick Partners's Shiller PE Ratio falls into.



Green Brick Partners 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, Green Brick Partners'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)
=1.674/131.7762*131.7762
=1.674

Current CPI (Mar. 2024) = 131.7762.

Green Brick Partners Quarterly Data

per share eps CPI Adj_EPS
201406 -0.259 100.560 -0.339
201409 -0.059 100.428 -0.077
201412 1.399 99.070 1.861
201503 0.120 99.621 0.159
201506 0.107 100.684 0.140
201509 0.053 100.392 0.070
201512 0.083 99.792 0.110
201603 0.054 100.470 0.071
201606 0.125 101.688 0.162
201609 0.116 101.861 0.150
201612 0.152 101.863 0.197
201703 0.122 102.862 0.156
201706 0.142 103.349 0.181
201709 0.159 104.136 0.201
201712 -0.135 104.011 -0.171
201803 0.178 105.290 0.223
201806 0.248 106.317 0.307
201809 0.206 106.507 0.255
201812 0.229 105.998 0.285
201903 0.221 107.251 0.272
201906 0.257 108.070 0.313
201909 0.281 108.329 0.342
201912 0.279 108.420 0.339
202003 0.281 108.902 0.340
202006 0.586 108.767 0.710
202009 0.577 109.815 0.692
202012 0.477 109.897 0.572
202103 0.428 111.754 0.505
202106 0.847 114.631 0.974
202109 0.808 115.734 0.920
202112 1.097 117.630 1.229
202203 1.090 121.301 1.184
202206 1.968 125.017 2.074
202209 1.586 125.227 1.669
202212 1.114 125.222 1.172
202303 1.280 127.348 1.325
202306 1.504 128.729 1.540
202309 1.462 129.860 1.484
202312 1.458 129.419 1.485
202403 1.674 131.776 1.674

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


Green Brick Partners  (STU:2G1) 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.

Green Brick Partners's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=51.64/2.49
=20.74

* 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 Green Brick Partners was 144.59. The lowest was 19.10. And the median was 27.19.


Be Aware

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


Green Brick Partners E10 Related Terms

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


Green Brick Partners (STU:2G1) Business Description

Traded in Other Exchanges
Address
2805 Dallas Parkway, Suite 400, Plano, TX, USA, 75093
Green Brick Partners Inc is a homebuilding and land development company. It acquires and develops land, as well as provides land and construction financing to its controlled builders. The company has three reportable segments: builder operations central, builder operations southeast, and land development. The majority of company's revenue is generated from the builder operations central segment that is entirely the operations of builders in Texas. The company is engaged in various aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, sales, and brand image creation. In addition to homebuilding, the company provides home financing services, such as mortgage and title, through its subsidiaries.

Green Brick Partners (STU:2G1) Headlines

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