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Canadian Apartment Properties Real Estate Investment Trust E10 : $3.78 (As of Mar. 2024)


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What is Canadian Apartment Properties Real Estate Investment 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.

Canadian Apartment Properties Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.792. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Canadian Apartment Properties Real Estate Investment Trust's average E10 Growth Rate was -4.30% per year. During the past 3 years, the average E10 Growth Rate was -0.20% per year. During the past 5 years, the average E10 Growth Rate was 2.20% per year. During the past 10 years, the average E10 Growth Rate was 12.50% 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 Canadian Apartment Properties Real Estate Investment Trust was 56.00% per year. The lowest was -0.20% per year. And the median was 17.65% per year.

As of today (2024-06-06), Canadian Apartment Properties Real Estate Investment Trust's current stock price is $33.01. Canadian Apartment Properties Real Estate Investment Trust's E10 for the quarter that ended in Mar. 2024 was $3.78. Canadian Apartment Properties Real Estate Investment Trust's Shiller PE Ratio of today is 8.73.

During the past 13 years, the highest Shiller PE Ratio of Canadian Apartment Properties Real Estate Investment Trust was 13.70. The lowest was 7.32. And the median was 11.02.


Canadian Apartment Properties Real Estate Investment Trust E10 Historical Data

The historical data trend for Canadian Apartment Properties Real Estate Investment 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.

Canadian Apartment Properties Real Estate Investment Trust E10 Chart

Canadian Apartment Properties Real Estate Investment 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 4.06 3.96 4.43 3.99 3.79

Canadian Apartment Properties Real Estate Investment Trust 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 3.95 3.97 3.80 3.79 3.78

Competitive Comparison of Canadian Apartment Properties Real Estate Investment Trust's E10

For the REIT - Residential subindustry, Canadian Apartment Properties Real Estate Investment 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.


Canadian Apartment Properties Real Estate Investment Trust's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Canadian Apartment Properties Real Estate Investment Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Apartment Properties Real Estate Investment Trust's Shiller PE Ratio falls into.



Canadian Apartment Properties Real Estate Investment 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, Canadian Apartment Properties Real Estate Investment Trust'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)
=0.792/126.2576*126.2576
=0.792

Current CPI (Mar. 2024) = 126.2576.

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data

per share eps CPI Adj_EPS
201406 0.603 99.473 0.765
201409 0.959 99.394 1.218
201412 0.620 98.367 0.796
201503 0.371 99.789 0.469
201506 1.083 100.500 1.361
201509 -0.024 100.421 -0.030
201512 0.806 99.947 1.018
201603 0.503 101.054 0.628
201606 0.586 102.002 0.725
201609 0.744 101.765 0.923
201612 0.686 101.449 0.854
201703 0.770 102.634 0.947
201706 0.563 103.029 0.690
201709 1.273 103.345 1.555
201712 2.136 103.345 2.610
201803 0.553 105.004 0.665
201806 1.375 105.557 1.645
201809 0.629 105.636 0.752
201812 3.791 105.399 4.541
201903 1.006 106.979 1.187
201906 0.793 107.690 0.930
201909 1.551 107.611 1.820
201912 2.315 107.769 2.712
202003 0.334 107.927 0.391
202006 0.264 108.401 0.307
202009 1.317 108.164 1.537
202012 2.201 108.559 2.560
202103 0.478 110.298 0.547
202106 2.139 111.720 2.417
202109 0.863 112.905 0.965
202112 2.824 113.774 3.134
202203 0.203 117.646 0.218
202206 -1.112 120.806 -1.162
202209 0.271 120.648 0.284
202212 0.654 120.964 0.683
202303 -0.442 122.702 -0.455
202306 0.177 124.203 0.180
202309 -1.562 125.230 -1.575
202312 0.039 125.072 0.039
202403 0.792 126.258 0.792

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


Canadian Apartment Properties Real Estate Investment Trust  (OTCPK:CDPYF) 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.

Canadian Apartment Properties Real Estate Investment Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=33.01/3.78
=8.73

* 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 Canadian Apartment Properties Real Estate Investment Trust was 13.70. The lowest was 7.32. And the median was 11.02.


Be Aware

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


Canadian Apartment Properties Real Estate Investment Trust E10 Related Terms

Thank you for viewing the detailed overview of Canadian Apartment Properties Real Estate Investment Trust's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian Apartment Properties Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

Canadian Apartment Properties Real Estate Investment Trust Headlines

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