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S IMMO AG (WBO:SPI) E10 : €2.14 (As of Mar. 2024)


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What is S IMMO AG 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.

S IMMO AG's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.14 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 11.00% per year. During the past 5 years, the average E10 Growth Rate was 15.90% 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 S IMMO AG was 24.90% per year. The lowest was 11.00% per year. And the median was 13.10% per year.

As of today (2024-06-01), S IMMO AG's current stock price is €22.10. S IMMO AG's E10 for the quarter that ended in Mar. 2024 was €2.14. S IMMO AG's Shiller PE Ratio of today is 10.33.

During the past 13 years, the highest Shiller PE Ratio of S IMMO AG was 25.80. The lowest was 5.34. And the median was 11.48.


S IMMO AG E10 Historical Data

The historical data trend for S IMMO AG'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.

S IMMO AG E10 Chart

S IMMO AG 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 1.46 1.55 1.91 2.11 2.12

S IMMO AG 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 2.14 2.11 2.15 2.12 2.14

Competitive Comparison of S IMMO AG's E10

For the Real Estate Services subindustry, S IMMO AG'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.


S IMMO AG's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where S IMMO AG's Shiller PE Ratio falls into.



S IMMO AG 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, S IMMO AG'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)
=0.09/133.7589*133.7589
=0.090

Current CPI (Mar. 2024) = 133.7589.

S IMMO AG Quarterly Data

per share eps CPI Adj_EPS
201406 0.140 99.496 0.188
201409 0.080 99.586 0.107
201412 0.160 99.676 0.215
201503 0.110 99.992 0.147
201506 0.190 100.492 0.253
201509 0.100 100.292 0.133
201512 0.770 100.692 1.023
201603 0.400 100.692 0.531
201606 0.870 101.092 1.151
201609 0.510 101.192 0.674
201612 1.200 102.092 1.572
201703 0.210 102.592 0.274
201706 0.830 102.991 1.078
201709 0.080 103.591 0.103
201712 0.850 104.291 1.090
201803 0.220 104.491 0.282
201806 0.500 105.091 0.636
201809 0.480 105.691 0.607
201812 1.880 106.291 2.366
201903 0.230 106.391 0.289
201906 2.000 106.791 2.505
201909 0.170 106.991 0.213
201912 0.810 108.091 1.002
202003 -0.300 108.024 -0.371
202006 0.520 107.915 0.645
202009 0.090 108.348 0.111
202012 0.480 109.321 0.587
202103 0.140 110.186 0.170
202106 1.790 110.943 2.158
202109 0.330 111.916 0.394
202112 0.990 113.971 1.162
202203 0.340 117.647 0.387
202206 0.540 120.567 0.599
202209 0.530 123.811 0.573
202212 -1.010 125.541 -1.076
202303 0.010 128.460 0.010
202306 -0.490 130.191 -0.503
202309 0.300 131.272 0.306
202312 -0.280 132.570 -0.283
202403 0.090 133.759 0.090

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


S IMMO AG  (WBO:SPI) 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.

S IMMO AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=22.10/2.14
=10.33

* 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 S IMMO AG was 25.80. The lowest was 5.34. And the median was 11.48.


Be Aware

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


S IMMO AG E10 Related Terms

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


S IMMO AG (WBO:SPI) Business Description

Traded in Other Exchanges
Address
Friedrichstrasse 10, 5th floor, Vienna, AUT, 1010
S IMMO AG is a real estate investment company. It manages property investments by developing, buying, letting, operating, renovating, and selling properties in Austria, Germany, Czechia, Hungary, Slovakia, Bulgaria, Romania, and Croatia. The firm's activities include property project development, the operation of hotels and shopping centers, and also revitalization and renovation of standing properties and asset management. Its property portfolio consists of offices, shopping centers, and hotels. The company derives a majority of its revenues from rental income.