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Summit Real Estate Holdings (XTAE:SMT) E10 : ₪5.34 (As of Mar. 2024)


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What is Summit Real Estate Holdings 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.

Summit Real Estate Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was ₪0.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₪5.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Summit Real Estate Holdings's average E10 Growth Rate was -100.00% 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 (2024-06-01), Summit Real Estate Holdings's current stock price is ₪43.07. Summit Real Estate Holdings's E10 for the quarter that ended in Mar. 2024 was ₪5.34. Summit Real Estate Holdings's Shiller PE Ratio of today is 8.07.

During the past 13 years, the highest Shiller PE Ratio of Summit Real Estate Holdings was 16.85. The lowest was 6.65. And the median was 9.32.


Summit Real Estate Holdings E10 Historical Data

The historical data trend for Summit Real Estate Holdings'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.

Summit Real Estate Holdings E10 Chart

Summit Real Estate Holdings 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 - - 4.94 5.83 5.15

Summit Real Estate Holdings 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 5.67 5.45 5.54 5.15 5.34

Competitive Comparison of Summit Real Estate Holdings's E10

For the Real Estate Services subindustry, Summit Real Estate Holdings'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.


Summit Real Estate Holdings's Shiller PE Ratio Distribution in the Real Estate Industry

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

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



Summit Real Estate Holdings 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, Summit Real Estate Holdings'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)
=0.95/131.7762*131.7762
=0.950

Current CPI (Mar. 2024) = 131.7762.

Summit Real Estate Holdings Quarterly Data

per share eps CPI Adj_EPS
201212 0.000 96.871 0.000
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201503 0.560 99.621 0.741
201506 0.010 100.684 0.013
201509 1.740 100.392 2.284
201512 1.110 99.792 1.466
201603 1.680 100.470 2.203
201606 0.110 101.688 0.143
201609 1.000 101.861 1.294
201612 1.550 101.863 2.005
201703 0.060 102.862 0.077
201706 0.250 103.349 0.319
201709 2.570 104.136 3.252
201712 0.620 104.011 0.786
201803 0.290 105.290 0.363
201806 2.430 106.317 3.012
201809 0.490 106.507 0.606
201812 6.530 105.998 8.118
201903 0.390 107.251 0.479
201906 1.190 108.070 1.451
201909 0.500 108.329 0.608
201912 3.360 108.420 4.084
202003 0.460 108.902 0.557
202006 0.420 108.767 0.509
202009 3.860 109.815 4.632
202012 0.650 109.897 0.779
202103 0.380 111.754 0.448
202106 1.290 114.631 1.483
202109 0.170 115.734 0.194
202112 3.890 117.630 4.358
202203 0.810 121.301 0.880
202206 3.000 125.017 3.162
202209 1.480 125.227 1.557
202212 -0.450 125.222 -0.474
202303 0.770 127.348 0.797
202306 -1.790 128.729 -1.832
202309 0.560 129.860 0.568
202312 -2.390 129.419 -2.434
202403 0.950 131.776 0.950

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


Summit Real Estate Holdings  (XTAE:SMT) 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.

Summit Real Estate Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=43.07/5.34
=8.07

* 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 Summit Real Estate Holdings was 16.85. The lowest was 6.65. And the median was 9.32.


Be Aware

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


Summit Real Estate Holdings E10 Related Terms

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


Summit Real Estate Holdings (XTAE:SMT) Business Description

Traded in Other Exchanges
N/A
Address
66 Hahistadrut Avenue, Haifa, ISR
Summit Real Estate Holdings Ltd is an Israel-based company. It is active in real estate industry. The company is involved in various aspects of the real estate business. It primarily emphasized on purchase and operation of office buildings and commercial assets, which are leased to numerous commercial and industrial tenants.

Summit Real Estate Holdings (XTAE:SMT) Headlines