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Pennsylvania Real Estate Investment Trust (Pennsylvania Real Estate Investment Trust) E10 : $-28.24 (As of Sep. 2023)


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What is Pennsylvania 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.

Pennsylvania Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Sep. 2023 was $-12.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-28.24 for the trailing ten years ended in Sep. 2023.

During the past 3 years, the average E10 Growth Rate was -15.30% per year. During the past 5 years, the average E10 Growth Rate was -7.90% 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 Pennsylvania Real Estate Investment Trust was 12.50% per year. The lowest was -57.00% per year. And the median was -0.70% per year.

As of today (2024-05-03), Pennsylvania Real Estate Investment Trust's current stock price is $0.55. Pennsylvania Real Estate Investment Trust's E10 for the quarter that ended in Sep. 2023 was $-28.24. Pennsylvania Real Estate Investment Trust's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Pennsylvania Real Estate Investment Trust was 21.62. The lowest was 18.43. And the median was 19.74.


Pennsylvania Real Estate Investment Trust E10 Historical Data

The historical data trend for Pennsylvania 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.

Pennsylvania Real Estate Investment Trust E10 Chart

Pennsylvania Real Estate Investment Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.92 -15.39 -19.27 -20.68 -23.62

Pennsylvania Real Estate Investment Trust Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -23.21 -23.62 -25.71 -26.57 -28.24

Competitive Comparison of Pennsylvania Real Estate Investment Trust's E10

For the REIT - Retail subindustry, Pennsylvania 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.


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

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

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



Pennsylvania 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, Pennsylvania Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-12/129.8595*129.8595
=-12.000

Current CPI (Sep. 2023) = 129.8595.

Pennsylvania Real Estate Investment Trust Quarterly Data

per share eps CPI Adj_EPS
201312 0.750 98.326 0.991
201403 -2.700 99.695 -3.517
201406 -6.000 100.560 -7.748
201409 -1.050 100.428 -1.358
201412 3.150 99.070 4.129
201503 -3.900 99.621 -5.084
201506 -7.650 100.684 -9.867
201509 -7.950 100.392 -10.284
201512 -9.600 99.792 -12.492
201603 -0.450 100.470 -0.582
201606 0.900 101.688 1.149
201609 -0.300 101.861 -0.382
201612 -6.000 101.863 -7.649
201703 -1.500 102.862 -1.894
201706 -11.850 103.349 -14.890
201709 0.900 104.136 1.122
201712 -0.750 104.011 -0.936
201803 -2.100 105.290 -2.590
201806 -7.500 106.317 -9.161
201809 -1.650 106.507 -2.012
201812 -18.450 105.998 -22.603
201903 -4.500 107.251 -5.449
201906 -2.550 108.070 -3.064
201909 3.300 108.329 3.956
201912 -4.350 108.420 -5.210
202003 -3.900 108.902 -4.651
202006 -5.700 108.767 -6.805
202009 -6.900 109.815 -8.159
202012 -39.300 109.897 -46.439
202103 -9.600 111.754 -11.155
202106 -6.040 114.631 -6.842
202109 -8.440 115.734 -9.470
202112 -6.521 117.630 -7.199
202203 -7.410 121.301 -7.933
202206 -3.320 125.017 -3.449
202209 -14.520 125.227 -15.057
202212 -7.810 125.222 -8.099
202303 -9.750 127.348 -9.942
202306 -9.730 128.729 -9.815
202309 -12.000 129.860 -12.000

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


Pennsylvania Real Estate Investment Trust  (OTCPK:PRETQ) 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.

During the past 13 years, the highest Shiller P/E Ratio of Pennsylvania Real Estate Investment Trust was 21.62. The lowest was 18.43. And the median was 19.74.


Be Aware

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


Pennsylvania Real Estate Investment Trust E10 Related Terms

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


Pennsylvania Real Estate Investment Trust (Pennsylvania Real Estate Investment Trust) Business Description

Address
One Commerce Square, 2005 Market Street, Suite 1000, Philadelphia, PA, USA, 19103
Pennsylvania Real Estate Investment Trust is a self-managed and self-administered REIT in the United States. It is engaged in the ownership, management, leasing, acquisition, redevelopment, development, and disposition of retail shopping malls including regional department stores and large format retailers. Its properties involve mall portfolio, redevelopment, specialty leasing, partnerships, and marketing. It derives the substantial majority of revenue from rent leases of retail properties in the real estate portfolio.
Executives
Christopher Swann director C/O PENN. REAL ESTATE INVESTMENT TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103
Kenneth B. Hart director C/O PENN REAL ESTATE TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103
Joseph J. Aristone officer: EVP - Leasing C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
Joseph F Coradino director, officer: Chief Executive Officer C/O PENN. REAL ESTATE INVESTMENT TRUST, 200 S. BROAD ST., THE BELLEVUE, PHILADEPHIA PA 19102
Michael J. Demarco director C/O MACK-CALI REALTY CORPORATION, HARBORSIDE 3, 210 HUDSON ST., STE. 400, JERSEY CITY NJ 07311
Ventresca Mario C. Jr. officer: EVP-Chief Financial Officer C/O PENN REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Andrew M. Ioannou officer: EVP-Finance and Acquisitions C/O PENN REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Mark E Pasquerilla director
Charles P Pizzi director C/O TASTY BAKING COMPANY, NAVY YARD CORP. CTR., THREE CRESCENT DR., PHILADELPHIA PA 19112
Joanne A. Epps director C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
Alburger George J Jr director C/O LIBERTY PROPERTY TRUST, 65 VALLEY STREAM PARKWAY, MALVERN PA 19355
Lisa M. Most officer: EVP, GC, CCO & Secretary C/O PENN. REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Heather Crowell officer: EVP-Strategy & Communications C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
John Joseph Roberts director 1007 CANTERBURY LANE, VILLANOVA PA 19085
Sathana Semonsky officer: VP - Chief Accounting Officer C/O PENN. REAL ESTATE INVESTMENT TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103