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Dream Industrial Real Estate Investment Trust (Dream Industrial Real Estate Investment Trust) E10 : $0.95 (As of Mar. 2024)


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What is Dream Industrial 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.

Dream Industrial Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.191. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dream Industrial Real Estate Investment Trust's average E10 Growth Rate was -0.80% 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 (2024-05-23), Dream Industrial Real Estate Investment Trust's current stock price is $9.326. Dream Industrial Real Estate Investment Trust's E10 for the quarter that ended in Mar. 2024 was $0.95. Dream Industrial Real Estate Investment Trust's Shiller PE Ratio of today is 9.82.

During the past 12 years, the highest Shiller PE Ratio of Dream Industrial Real Estate Investment Trust was 13.70. The lowest was 8.95. And the median was 10.63.


Dream Industrial Real Estate Investment Trust E10 Historical Data

The historical data trend for Dream Industrial 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.

Dream Industrial Real Estate Investment Trust E10 Chart

Dream Industrial 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 - - - 0.99 0.98

Dream Industrial 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 0.96 0.95 0.99 0.98 0.95

Competitive Comparison of Dream Industrial Real Estate Investment Trust's E10

For the REIT - Industrial subindustry, Dream Industrial 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.


Dream Industrial Real Estate Investment Trust's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Dream Industrial Real Estate Investment Trust's Shiller PE Ratio falls into.



Dream Industrial 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, Dream Industrial 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)
=0.191/126.2576*126.2576
=0.191

Current CPI (Mar. 2024) = 126.2576.

Dream Industrial Real Estate Investment Trust Quarterly Data

per share eps CPI Adj_EPS
201406 0.187 99.473 0.237
201409 0.253 99.394 0.321
201412 0.247 98.367 0.317
201503 0.038 99.789 0.048
201506 0.278 100.500 0.349
201509 0.137 100.421 0.172
201512 -0.140 99.947 -0.177
201603 -0.074 101.054 -0.092
201606 0.002 102.002 0.002
201609 0.124 101.765 0.154
201612 -0.093 101.449 -0.116
201703 0.111 102.634 0.137
201706 -0.067 103.029 -0.082
201709 0.082 103.345 0.100
201712 0.165 103.345 0.202
201803 0.337 105.004 0.405
201806 0.119 105.557 0.142
201809 0.203 105.636 0.243
201812 0.452 105.399 0.541
201903 -0.052 106.979 -0.061
201906 0.466 107.690 0.546
201909 -0.016 107.611 -0.019
201912 0.595 107.769 0.697
202003 0.184 107.927 0.215
202006 0.013 108.401 0.015
202009 0.324 108.164 0.378
202012 0.373 108.559 0.434
202103 0.408 110.298 0.467
202106 0.640 111.720 0.723
202109 0.560 112.905 0.626
202112 0.612 113.774 0.679
202203 1.349 117.646 1.448
202206 0.490 120.806 0.512
202209 0.344 120.648 0.360
202212 -0.098 120.964 -0.102
202303 -0.047 122.702 -0.048
202306 0.218 124.203 0.222
202309 0.132 125.230 0.133
202312 -0.023 125.072 -0.023
202403 0.191 126.258 0.191

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


Dream Industrial Real Estate Investment Trust  (OTCPK:DREUF) 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.

Dream Industrial Real Estate Investment Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.326/0.95
=9.82

* 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 12 years, the highest Shiller P/E Ratio of Dream Industrial Real Estate Investment Trust was 13.70. The lowest was 8.95. And the median was 10.63.


Be Aware

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


Dream Industrial Real Estate Investment Trust E10 Related Terms

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


Dream Industrial Real Estate Investment Trust (Dream Industrial Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1
Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. Its portfolio comprises industrial properties located in key markets across Canada, Europe and the USA. Its objective is to build upon and grow its portfolio and to provide stable and sustainable cash distributions to its unitholders. Geographically the business is organized into Ontario, Quebec, Western Canada, Europe and the USA. Substantial revenue is derived from the European portfolio.