GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Real Matters Inc (OTCPK:RLLMF) » Definitions » E10

Real Matters (Real Matters) E10 : $0.03 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Real Matters 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.

Real Matters's adjusted earnings per share data for the fiscal year that ended in Sep. 2023 was $-0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.03 for the trailing ten years ended in Sep. 2023.

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 (2024-05-26), Real Matters's current stock price is $ 4.07. Real Matters's E10 for the fiscal year that ended in Sep. 2023 was $0.03. Real Matters's Shiller PE Ratio of today is 135.67.

During the past 10 years, the highest Shiller PE Ratio of Real Matters was 157.50. The lowest was 123.00. And the median was 141.25.


Real Matters E10 Historical Data

The historical data trend for Real Matters'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.

Real Matters E10 Chart

Real Matters Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.03

Real Matters 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 - - 0.03 - -

Competitive Comparison of Real Matters's E10

For the Real Estate Services subindustry, Real Matters'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.


Real Matters's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Real Matters's Shiller PE Ratio falls into.



Real Matters 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, Real Matters's adjusted earnings per share data for the fiscal year that ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.08/125.2304*125.2304
=-0.080

Current CPI (Sep. 2023) = 125.2304.

Real Matters Annual Data

per_share_eps CPI Adj_EPS
201409 -0.010 99.394 -0.013
201509 -0.059 100.421 -0.074
201609 -0.072 101.765 -0.089
201709 -0.300 103.345 -0.364
201809 -0.050 105.636 -0.059
201909 0.100 107.611 0.116
202009 0.470 108.164 0.544
202109 0.390 112.905 0.433
202209 -0.120 120.648 -0.125
202309 -0.080 125.230 -0.080

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


Real Matters  (OTCPK:RLLMF) 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.

Real Matters's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.07/0.03
=135.67

* 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 10 years, the highest Shiller P/E Ratio of Real Matters was 157.50. The lowest was 123.00. And the median was 141.25.


Be Aware

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


Real Matters E10 Related Terms

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


Real Matters (Real Matters) Business Description

Traded in Other Exchanges
Address
50 Minthorn Boulevard, Suite 401, Markham, ON, CAN, L3T 7X8
Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company's platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S. Appraisal; U.S. Title and Canada. The company generates maximum revenue from the U.S. Appraisal segment. Its U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, and home equity transactions through its Solidifi brand.