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Immobiliere Dassault (XPAR:IMDA) E10 : €6.86 (As of Dec. 2023)


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What is Immobiliere Dassault 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.

Immobiliere Dassault's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was €-3.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €6.86 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Immobiliere Dassault's average E10 Growth Rate was -4.30% per year. During the past 3 years, the average E10 Growth Rate was 7.60% per year. During the past 5 years, the average E10 Growth Rate was 17.40% 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 Immobiliere Dassault was 27.20% per year. The lowest was 7.60% per year. And the median was 21.90% per year.

As of today (2024-05-27), Immobiliere Dassault's current stock price is € 51.40. Immobiliere Dassault's E10 for the fiscal year that ended in Dec. 2023 was €6.86. Immobiliere Dassault's Shiller PE Ratio of today is 7.49.

During the past 13 years, the highest Shiller PE Ratio of Immobiliere Dassault was 23.99. The lowest was 6.63. And the median was 15.66.


Immobiliere Dassault E10 Historical Data

The historical data trend for Immobiliere Dassault'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.

Immobiliere Dassault E10 Chart

Immobiliere Dassault 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 3.96 5.51 6.47 7.17 6.86

Immobiliere Dassault Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 6.47 - 7.17 - 6.86

Competitive Comparison of Immobiliere Dassault's E10

For the REIT - Diversified subindustry, Immobiliere Dassault'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.


Immobiliere Dassault's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Immobiliere Dassault's Shiller PE Ratio falls into.



Immobiliere Dassault 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, Immobiliere Dassault's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-3.84/118.3900*118.3900
=-3.840

Current CPI (Dec. 2023) = 118.3900.

Immobiliere Dassault Annual Data

per_share_eps CPI Adj_EPS
201412 2.760 99.860 3.272
201512 5.820 100.040 6.888
201612 6.180 100.650 7.269
201712 4.490 101.850 5.219
201812 4.580 103.470 5.240
201912 6.520 104.980 7.353
202012 16.460 104.960 18.566
202112 10.800 107.850 11.855
202212 6.510 114.160 6.751
202312 -3.840 118.390 -3.840

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


Immobiliere Dassault  (XPAR:IMDA) 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.

Immobiliere Dassault's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=51.40/6.86
=7.49

* 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 Immobiliere Dassault was 23.99. The lowest was 6.63. And the median was 15.66.


Be Aware

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


Immobiliere Dassault E10 Related Terms

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


Immobiliere Dassault (XPAR:IMDA) Business Description

Traded in Other Exchanges
Address
9 rond-point des Champs-Elysees, Paris, FRA, 75008
Immobiliere Dassault SA is a France-based real estate company. It owns and manages the office and residential real estate properties. The company's objective is to progressively grow its real estate portfolio in the prime sector of Paris, with a medium and long-term heritage focus, focusing mainly on high-quality office and retail properties.

Immobiliere Dassault (XPAR:IMDA) Headlines

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