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BRT Apartments (BRT Apartments) E10 : $0.96 (As of Mar. 2024)


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What is BRT Apartments 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.

BRT Apartments's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BRT Apartments's average E10 Growth Rate was 6.70% per year. During the past 3 years, the average E10 Growth Rate was 23.00% 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 BRT Apartments was 73.00% per year. The lowest was -50.50% per year. And the median was 7.60% per year.

As of today (2024-05-28), BRT Apartments's current stock price is $17.26. BRT Apartments's E10 for the quarter that ended in Mar. 2024 was $0.96. BRT Apartments's Shiller PE Ratio of today is 17.98.

During the past 13 years, the highest Shiller PE Ratio of BRT Apartments was 1303.00. The lowest was 8.33. And the median was 26.73.


BRT Apartments E10 Historical Data

The historical data trend for BRT Apartments'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.

BRT Apartments E10 Chart

BRT Apartments Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.50 0.60 0.92 0.93

BRT Apartments 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 0.90 0.97 0.92 0.93 0.96

Competitive Comparison of BRT Apartments's E10

For the REIT - Residential subindustry, BRT Apartments'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.


BRT Apartments's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where BRT Apartments's Shiller PE Ratio falls into.



BRT Apartments 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, BRT Apartments'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)
=-0.17/131.7762*131.7762
=-0.170

Current CPI (Mar. 2024) = 131.7762.

BRT Apartments Quarterly Data

per share eps CPI Adj_EPS
201406 -0.020 100.560 -0.026
201409 -0.270 100.428 -0.354
201412 -0.180 99.070 -0.239
201503 -0.050 99.621 -0.066
201506 -0.180 100.684 -0.236
201509 0.240 100.392 0.315
201512 -0.140 99.792 -0.185
201603 1.760 100.470 2.308
201606 0.390 101.688 0.505
201609 0.210 101.861 0.272
201612 1.130 101.863 1.462
201703 -0.300 102.862 -0.384
201706 -0.240 103.349 -0.306
201709 0.390 104.136 0.494
201712 0.450 104.011 0.570
201803 1.750 105.290 2.190
201806 -0.330 106.317 -0.409
201809 -0.200 106.507 -0.247
201812 0.510 105.998 0.634
201903 -0.270 107.251 -0.332
201906 -0.270 108.070 -0.329
201909 0.200 108.329 0.243
201912 0.380 108.420 0.462
202003 -0.290 108.902 -0.351
202006 -0.250 108.767 -0.303
202009 -0.440 109.815 -0.528
202012 -0.190 109.897 -0.228
202103 -0.220 111.754 -0.259
202106 0.340 114.631 0.391
202109 1.540 115.734 1.753
202112 -0.080 117.630 -0.090
202203 0.620 121.301 0.674
202206 1.910 125.017 2.013
202209 0.370 125.227 0.389
202212 -0.220 125.222 -0.232
202303 -0.210 127.348 -0.217
202306 0.580 128.729 0.594
202309 -0.080 129.860 -0.081
202312 -0.110 129.419 -0.112
202403 -0.170 131.776 -0.170

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


BRT Apartments  (NYSE:BRT) 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.

BRT Apartments's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=17.26/0.96
=17.98

* 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 BRT Apartments was 1303.00. The lowest was 8.33. And the median was 26.73.


Be Aware

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


BRT Apartments E10 Related Terms

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


BRT Apartments (BRT Apartments) Business Description

Traded in Other Exchanges
Address
60 Cutter Mill Road, Suite 303, Great Neck, NY, USA, 11021
BRT Apartments Corp is a real estate investment trust company. The company is primarily focused on the ownership, operation, and development of multi-family properties. BRT also owns and operates other real estate assets. All of the Company's assets are comprised of multi-family real estate assets generally leased to tenants on a one-year basis.
Executives
Ryan Baltimore officer: Senior Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Mitchell Gould officer: VICE PRESIDENT
Gould Investors L P 10 percent owner 60 CUTTER MILL RD, STE 303, GREAT NECK NY 11021-3190
Jeffrey Gould officer: PRESIDENT AND CE0
Matthew J Gould director, officer: Senior Vice President
Mark H Lundy officer: VICE PRESIDENT
Isaac Kalish officer: Assistant Treasurer 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Louis C Grassi director 220 RXR PLAZA, UNIONDALE NY 11556
Carol Cicero director 516 TOWER TRACE, CANTON GA 30115
George Zweier officer: VICE PRESIDENT - CFO
Jonathan H Simon director 1020 PARK AVENUE, APARTMENT 10D, NEW YORK NY 10028
Jeffrey Rubin director 40 CUTTER MILL ROAD, SUITE 302, GREAT NECK NY 11021
Fredric H Gould director, officer: Chairman of Board 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Steven Rosenzweig officer: Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Alysa Block officer: Treasurer 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021