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Equity One (Equity One) E10 : $0.54 (As of Dec. 2016)


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What is Equity One 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.

Equity One's adjusted earnings per share data for the three months ended in Dec. 2016 was $0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.54 for the trailing ten years ended in Dec. 2016.

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 (2024-05-06), Equity One's current stock price is $30.85. Equity One's E10 for the quarter that ended in Dec. 2016 was $0.54. Equity One's Shiller PE Ratio of today is 57.13.


Equity One E10 Historical Data

The historical data trend for Equity One'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.

Equity One E10 Chart

Equity One Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.97 0.85 0.76 0.54

Equity One Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.76 0.74 0.59 0.58 0.54

Competitive Comparison of Equity One's E10

For the REIT - Retail subindustry, Equity One'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.


Equity One's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Equity One's Shiller PE Ratio falls into.



Equity One 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, Equity One's adjusted earnings per share data for the three months ended in Dec. 2016 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=0.12/101.8627*101.8627
=0.120

Current CPI (Dec. 2016) = 101.8627.

Equity One Quarterly Data

per share eps CPI Adj_EPS
200703 0.270 86.640 0.317
200706 0.170 87.906 0.197
200709 0.140 87.964 0.162
200712 0.350 88.616 0.402
200803 0.280 90.090 0.317
200806 0.400 92.320 0.441
200809 -0.290 92.307 -0.320
200812 0.080 88.697 0.092
200903 0.560 89.744 0.636
200906 0.180 91.003 0.201
200909 0.170 91.120 0.190
200912 0.090 91.111 0.101
201003 0.060 91.821 0.067
201006 0.070 91.962 0.078
201009 0.050 92.162 0.055
201012 0.090 92.474 0.099
201103 0.320 94.283 0.346
201106 0.060 95.235 0.064
201109 -0.040 95.727 -0.043
201112 -0.040 95.213 -0.043
201203 0.160 96.783 0.168
201206 0.020 96.819 0.021
201209 0.070 97.633 0.073
201212 -0.290 96.871 -0.305
201303 0.210 98.209 0.218
201306 0.280 98.518 0.290
201309 0.090 98.790 0.093
201312 0.070 98.326 0.073
201403 0.220 99.695 0.225
201406 -0.020 100.560 -0.020
201409 0.140 100.428 0.142
201412 0.050 99.070 0.051
201503 0.060 99.621 0.061
201506 0.210 100.684 0.212
201509 0.130 100.392 0.132
201512 0.100 99.792 0.102
201603 0.150 100.470 0.152
201606 0.150 101.688 0.150
201609 0.090 101.861 0.090
201612 0.120 101.863 0.120

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


Equity One  (NYSE:EQY) 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.

Equity One's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=30.85/0.54
=57.13

* 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.


Be Aware

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


Equity One E10 Related Terms

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


Equity One (Equity One) Business Description

Traded in Other Exchanges
N/A
Address
Equity One is a retail real estate investment trust that mainly owns and manages neighborhood shopping centers often anchored by supermarkets, drugstores, or discount retail stores. Recently, Equity One owned roughly 160 properties in 13 states, with concentrations in south Florida (27% of assets), the Northeast (27%), California (21%), and north Florida (10%).
Executives
David R Lukes officer: Chief Executive Officer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Galia Maor director 1600 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Matthew Louis Ostrower officer: CFO 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Michael Makinen officer: Chief Operating Officer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Cynthia R Cohen director 1401 BRICKELL AVENUE, SUITE 640, C/O STRATEGIC MINDSHARE, MIAMI FL 33131
Jordan Heller director C/O BED BATH & BEYOND INC, 650 LIBERTY AVE, UNION NJ 07083
Mgn America, Llc 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Mgn Usa Inc 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH, FL 33179
Mgn (usa) 2016, Llc 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Ficus Inc 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Silver Maple (2001) Inc 10 percent owner 303-109 ATLANTIC AVENUE, TORONTO, A6 M6K1X4
Gazit America Inc 10 percent owner 303-109 ATLANTIC AVENUE, TORONTO A6 M6K1X4
Gazit First Generation Ll 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Gazit-globe Ltd 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Gazit 1995 Inc 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179