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AFI Properties (XTAE:AFPR) E10 : ₪11.43 (As of Mar. 2024)


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What is AFI 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.

AFI Properties's adjusted earnings per share data for the three months ended in Mar. 2024 was ₪1.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₪11.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AFI Properties's average E10 Growth Rate was -18.80% 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 (2024-06-10), AFI Properties's current stock price is ₪158.00. AFI Properties's E10 for the quarter that ended in Mar. 2024 was ₪11.43. AFI Properties's Shiller PE Ratio of today is 13.82.

During the past 13 years, the highest Shiller PE Ratio of AFI Properties was 15.75. The lowest was 6.67. And the median was 9.65.


AFI Properties E10 Historical Data

The historical data trend for AFI 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.

AFI Properties E10 Chart

AFI 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 - - - 14.07 10.95

AFI 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 14.08 13.64 10.68 10.95 11.43

Competitive Comparison of AFI Properties's E10

For the Real Estate Services subindustry, AFI 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.


AFI Properties's Shiller PE Ratio Distribution in the Real Estate Industry

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

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



AFI 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, AFI 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)
=1.55/131.7762*131.7762
=1.550

Current CPI (Mar. 2024) = 131.7762.

AFI Properties Quarterly Data

per share eps CPI Adj_EPS
201312 5.230 98.326 7.009
201403 0.717 99.695 0.948
201412 -6.805 99.070 -9.052
201503 1.722 99.621 2.278
201506 0.249 100.684 0.326
201509 4.967 100.392 6.520
201512 0.030 99.792 0.040
201603 5.385 100.470 7.063
201606 0.328 101.688 0.425
201609 3.275 101.861 4.237
201612 2.797 101.863 3.618
201703 0.766 102.862 0.981
201706 1.632 103.349 2.081
201709 6.569 104.136 8.313
201712 -0.129 104.011 -0.163
201803 0.876 105.290 1.096
201806 10.143 106.317 12.572
201809 2.050 106.507 2.536
201812 -1.175 105.998 -1.461
201903 1.384 107.251 1.700
201906 0.567 108.070 0.691
201909 8.380 108.329 10.194
201912 3.110 108.420 3.780
202003 -7.270 108.902 -8.797
202006 1.040 108.767 1.260
202009 4.710 109.815 5.652
202012 1.930 109.897 2.314
202103 1.390 111.754 1.639
202106 2.980 114.631 3.426
202109 8.040 115.734 9.154
202112 9.340 117.630 10.463
202203 2.000 121.301 2.173
202206 9.130 125.017 9.624
202209 3.080 125.227 3.241
202212 1.190 125.222 1.252
202303 -2.140 127.348 -2.214
202306 1.560 128.729 1.597
202309 3.180 129.860 3.227
202312 2.960 129.419 3.014
202403 1.550 131.776 1.550

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


AFI Properties  (XTAE:AFPR) 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.

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

Shiller PE Ratio=Share Price/E10
=158.00/11.43
=13.82

* 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 AFI Properties was 15.75. The lowest was 6.67. And the median was 9.65.


Be Aware

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


AFI Properties E10 Related Terms

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


AFI Properties (XTAE:AFPR) Business Description

Traded in Other Exchanges
N/A
Address
4 Derech Hahoresh Street, Yehud, ISR
AFI Properties Ltd is a real estate developer which initiates, constructs, rents and operates industrial buildings, offices, and commercial properties in Israel and Europe. The company also develops residential projects in Europe. The company's commercial buildings include Beit Harofim, Vertex House, The Main Commercial Center and Stage Center. Its shopping malls consist of Lev Hamoshava at City Center, Lev Talpiot, The Panorama Center and Big Fashion. Its offices portfolio includes Psagot Tower, Concorde Tower and AFI Square-Tel Aviv. Its logistic parks include Rehovot Science Park, Global Park Lod, Weitzmann Science Park and Migdal HaEmek Science Park.

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