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Acadia Realty Trust (Acadia Realty Trust) E10 : $0.60 (As of Dec. 2023)


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What is Acadia Realty Trust 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.

Acadia Realty Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.60 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Acadia Realty Trust's average E10 Growth Rate was -9.10% per year. During the past 3 years, the average E10 Growth Rate was -9.90% per year. During the past 5 years, the average E10 Growth Rate was -8.90% per year. During the past 10 years, the average E10 Growth Rate was -4.20% 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 Acadia Realty Trust was 32.60% per year. The lowest was -10.20% per year. And the median was 3.65% per year.

As of today (2024-04-27), Acadia Realty Trust's current stock price is $17.32. Acadia Realty Trust's E10 for the quarter that ended in Dec. 2023 was $0.60. Acadia Realty Trust's Shiller PE Ratio of today is 28.87.

During the past 13 years, the highest Shiller PE Ratio of Acadia Realty Trust was 37.70. The lowest was 10.98. And the median was 28.84.


Acadia Realty Trust E10 Historical Data

The historical data trend for Acadia Realty Trust'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.

Acadia Realty Trust E10 Chart

Acadia Realty Trust 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 0.91 0.82 0.75 0.66 0.60

Acadia Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.66 0.66 0.66 0.64 0.60

Competitive Comparison of Acadia Realty Trust's E10

For the REIT - Retail subindustry, Acadia Realty Trust'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.


Acadia Realty Trust's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Acadia Realty Trust's Shiller PE Ratio falls into.



Acadia Realty Trust 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, Acadia Realty Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.02/129.4194*129.4194
=-0.020

Current CPI (Dec. 2023) = 129.4194.

Acadia Realty Trust Quarterly Data

per share eps CPI Adj_EPS
201403 0.380 99.695 0.493
201406 0.190 100.560 0.245
201409 0.470 100.428 0.606
201412 0.150 99.070 0.196
201503 0.240 99.621 0.312
201506 0.380 100.684 0.488
201509 0.200 100.392 0.258
201512 0.120 99.792 0.156
201603 0.400 100.470 0.515
201606 0.240 101.688 0.305
201609 0.080 101.861 0.102
201612 0.240 101.863 0.305
201703 0.180 102.862 0.226
201706 0.140 103.349 0.175
201709 0.150 104.136 0.186
201712 0.250 104.011 0.311
201803 0.090 105.290 0.111
201806 0.090 106.317 0.110
201809 0.110 106.507 0.134
201812 0.087 105.998 0.106
201903 0.148 107.251 0.179
201906 0.110 108.070 0.132
201909 0.120 108.329 0.143
201912 0.240 108.420 0.286
202003 -0.100 108.902 -0.119
202006 0.220 108.767 0.262
202009 -0.100 109.815 -0.118
202012 -0.120 109.897 -0.141
202103 0.050 111.754 0.058
202106 0.040 114.631 0.045
202109 0.130 115.734 0.145
202112 0.030 117.630 0.033
202203 0.180 121.301 0.192
202206 -0.004 125.017 -0.004
202209 -0.610 125.227 -0.630
202212 0.040 125.222 0.041
202303 0.140 127.348 0.142
202306 0.090 128.729 0.090
202309 -0.020 129.860 -0.020
202312 -0.020 129.419 -0.020

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


Acadia Realty Trust  (NYSE:AKR) 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.

Acadia Realty Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=17.32/0.6
=28.87

* 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 Acadia Realty Trust was 37.70. The lowest was 10.98. And the median was 28.84.


Be Aware

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


Acadia Realty Trust E10 Related Terms

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


Acadia Realty Trust (Acadia Realty Trust) Business Description

Traded in Other Exchanges
Address
411 Theodore Fremd Avenue, Suite 300, Rye, NY, USA, 10580
Acadia Realty Trust is a real estate investment trust which specializes in the operation, management, leasing, renovation, and acquisition of shopping centers and mixed-use properties with retail components. The company's portfolios are located primarily in metropolitan areas of the United States. The company operates through three segments: core portfolio, which consists primarily of high-quality retail properties located primarily in high-barrier-to-entry, densely-populated metropolitan areas with a long-term investment horizon and generates the majority of total revenue; funds, which comprises the funds launched by the trust; and structured financing, which consists of notes receivable and related interest income.
Executives
John J. Gottfried officer: Senior Vice President/CFO C/O ACADIA REALTY TRUST, 411 THEODORE FREMD AVE., SUITE 300, RYE NY 10580
Jason Blacksberg officer: Sr. V.P. and General Counsel C/O ACADIA REALTY TRUST, 1311 MAMARONECK AVE. STE. 260, WHITE PLAINS NY 10605
Lee S Wielansky director PAUL HASTINGS, 75 EAST 55TH STREET, NEW YORK NY 10022
Joseph Napolitano officer: Sr. Vice President PAUL HASTINGS, 75 EAST 55TH STREET, NEW YORK NY 10022
Douglas Ii Crocker director C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
Kenneth F Bernstein director, officer: President and CEO C/O ACADIA REALTY TRUST, 411 THEODORE FREMD AVENUE, SUITE 300, RYE NY 10580
C David Zoba director C/O GALYAN'S TRADING CO, 2437 EAST MAIN ST, PLAINFIELD IN 46168
Hope B Woodhouse director 1601 UTICA AVENUE, SUITE 900, ST. LOUIS PARK MN 55416
Wendy W Luscombe director 480 TAGHKANIC CHURCH TOWN ROAD, CRARYVILLE NY 12521
Mark A Denien director 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Christopher Conlon officer: Executive Vice President C/O ACADIA REALTY TRUST, 1311 MAMARONECK AVE., SUITE 260, WHITE PLAINS NY 10605
Lorrence T Kellar director C/O LOEHMANNS INC, 2500 HALSEY STREET, BRONX NY 10461
Mcintyre Kenneth A Jr director C/O HUDSON CITY BANCORP, INC., WEST 80 CENTURY ROAD, PARAMUS NJ 07652
Richard Hartmann officer: Senior Vice President C/O ACADIA REALTY TRUST, 1311 MAMARONECK AVE., SUITE 260, WHITE PLAINS NY 10605
Lynn C Thurber director JONES LANG LASALLE INCORPORTED, 200 E RANDOLPH DR, CHICAGO IL 60601

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