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Retail Opportunity Investments (Retail Opportunity Investments) E10 : $0.40 (As of Mar. 2024)


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What is Retail Opportunity Investments 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.

Retail Opportunity Investments's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Retail Opportunity Investments's average E10 Growth Rate was -4.80% per year. During the past 3 years, the average E10 Growth Rate was 5.70% per year. During the past 5 years, the average E10 Growth Rate was 10.50% 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 Retail Opportunity Investments was 16.30% per year. The lowest was 5.70% per year. And the median was 13.25% per year.

As of today (2024-04-28), Retail Opportunity Investments's current stock price is $12.25. Retail Opportunity Investments's E10 for the quarter that ended in Mar. 2024 was $0.40. Retail Opportunity Investments's Shiller PE Ratio of today is 30.63.

During the past 13 years, the highest Shiller PE Ratio of Retail Opportunity Investments was 114.74. The lowest was 21.88. And the median was 51.04.


Retail Opportunity Investments E10 Historical Data

The historical data trend for Retail Opportunity Investments'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.

Retail Opportunity Investments E10 Chart

Retail Opportunity Investments 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 0.30 0.33 0.37 0.41 0.39

Retail Opportunity Investments 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 0.42 0.43 0.40 0.39 0.40

Competitive Comparison of Retail Opportunity Investments's E10

For the REIT - Retail subindustry, Retail Opportunity Investments'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.


Retail Opportunity Investments's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Retail Opportunity Investments's Shiller PE Ratio falls into.



Retail Opportunity Investments 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, Retail Opportunity Investments'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)
=0.09/129.4194*129.4194
=0.090

Current CPI (Mar. 2024) = 129.4194.

Retail Opportunity Investments Quarterly Data

per share eps CPI Adj_EPS
201406 0.070 100.560 0.090
201409 0.070 100.428 0.090
201412 0.050 99.070 0.065
201503 0.040 99.621 0.052
201506 0.050 100.684 0.064
201509 0.080 100.392 0.103
201512 0.070 99.792 0.091
201603 0.080 100.470 0.103
201606 0.080 101.688 0.102
201609 0.070 101.861 0.089
201612 0.090 101.863 0.114
201703 0.090 102.862 0.113
201706 0.080 103.349 0.100
201709 0.080 104.136 0.099
201712 0.100 104.011 0.124
201803 0.090 105.290 0.111
201806 0.060 106.317 0.073
201809 0.120 106.507 0.146
201812 0.090 105.998 0.110
201903 0.120 107.251 0.145
201906 0.070 108.070 0.084
201909 0.160 108.329 0.191
201912 0.090 108.420 0.107
202003 0.100 108.902 0.119
202006 0.040 108.767 0.048
202009 0.060 109.815 0.071
202012 0.080 109.897 0.094
202103 0.060 111.754 0.069
202106 0.140 114.631 0.158
202109 0.170 115.734 0.190
202112 0.070 117.630 0.077
202203 0.090 121.301 0.096
202206 0.090 125.017 0.093
202209 0.150 125.227 0.155
202212 0.080 125.222 0.083
202303 0.060 127.348 0.061
202306 0.080 128.729 0.080
202309 0.070 129.860 0.070
202312 0.060 129.419 0.060
202403 0.090 129.419 0.090

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


Retail Opportunity Investments  (NAS:ROIC) 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.

Retail Opportunity Investments's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.25/0.4
=30.63

* 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 Retail Opportunity Investments was 114.74. The lowest was 21.88. And the median was 51.04.


Be Aware

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


Retail Opportunity Investments E10 Related Terms

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


Retail Opportunity Investments (Retail Opportunity Investments) Business Description

Traded in Other Exchanges
N/A
Address
11250 El Camino Real, Suite 200, San Diego, CA, USA, 92130
Retail Opportunity Investments Corp is a self-managed real estate investment trust. The company specializes in the acquisition, ownership and management of necessity-based community and neighborhood shopping centers on the west coast of the United States, anchored by supermarkets and drugstores. The Company's primary business is the ownership, management, and redevelopment of retail real estate properties.
Executives
Michael J. Indiveri director 3 MANHATTANVILLE ROAD, PURCHASE NY 10577
Laura H Pomerantz director
Lauren N. Silveira officer: VP, Chief Accounting Officer RETAIL OPPORTUNITY INVESTMENTS CORP., 11250 EL CAMINO ROAD, SUITE 200, SAN DIEGO CA 92130
Adrienne Banks Pitts director C/O RETAIL OPPORTUNITY INVESTMENTS CORP, 11250 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
Zabrina Jenkins director C/O RETAIL OPPORTUNITY INVESTMENT CORP., 11250 EL CAMINO REAL. SUITE 200, SAN DIEGO CA 92130
Richard Schoebel officer: Chief Operating Officer C/O RETAIL OPPORTUNITY INVESTMENTS CORP., 3 MANHATTANVILLE ROAD, PURCHASE NY 10577
Angela K Ho director 975 HOOPER AVENUE, TOMS RIVER NJ 08753
Eric S Zorn director 2001 S.E. 10TH STREET, BENTONVILLE AR 72712
Charles J. Persico director 112 MASON STREET, GREENWICH CT 06830
Michael B. Haines officer: EVP,CFO, TREASURER & SECRETARY 8905 TOWNE CENTRE DRIVE, SUITE 108, SAN DIEGO CA 92122
Richard A. Baker director, 10 percent owner, officer: Executive Chairman 3 MANHATTANVILLE ROAD, PURCHASE NY 10577
Edward H Meyer director C/O OCEAN ROAD ADVISORS INC, 650 MADISON AVENUE, 26TH FL, NEW YORK NY 10022
Laurie A. Sneve officer: Sr.VP,Chief Accounting Officer 8905 TOWNE CENTRE DRIVE, SUITE 108, SAN DIEGO CA 92122
Glenhill Advisors Llc 10 percent owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Glenhill Capital Overseas Master Fund, L.p. 10 percent owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020

Retail Opportunity Investments (Retail Opportunity Investments) Headlines