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Hudson Pacific Properties (Hudson Pacific Properties) E10 : $-0.02 (As of Mar. 2024)


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What is Hudson Pacific Properties 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.

Hudson Pacific Properties's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hudson Pacific Properties's average E10 Growth Rate was -118.20% per year. During the past 3 years, the average E10 Growth Rate was -26.30% 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 Hudson Pacific Properties was 58.70% per year. The lowest was -26.30% per year. And the median was 16.20% per year.

As of today (2024-06-07), Hudson Pacific Properties's current stock price is $4.82. Hudson Pacific Properties's E10 for the quarter that ended in Mar. 2024 was $-0.02. Hudson Pacific Properties's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Hudson Pacific Properties was 1866.50. The lowest was 37.09. And the median was 326.00.


Hudson Pacific Properties E10 Historical Data

The historical data trend for Hudson Pacific Properties'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.

Hudson Pacific Properties E10 Chart

Hudson Pacific Properties 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 0.03 0.05 0.10 0.12 0.02

Hudson Pacific Properties 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 0.11 0.10 0.09 0.02 -0.02

Competitive Comparison of Hudson Pacific Properties's E10

For the REIT - Office subindustry, Hudson Pacific Properties'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.


Hudson Pacific Properties's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Hudson Pacific Properties's Shiller PE Ratio falls into.



Hudson Pacific Properties 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, Hudson Pacific Properties'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)
=-0.37/131.7762*131.7762
=-0.370

Current CPI (Mar. 2024) = 131.7762.

Hudson Pacific Properties Quarterly Data

per share eps CPI Adj_EPS
201406 0.050 100.560 0.066
201409 0.110 100.428 0.144
201412 -0.030 99.070 -0.040
201503 0.250 99.621 0.331
201506 -0.280 100.684 -0.366
201509 -0.040 100.392 -0.053
201512 -0.070 99.792 -0.092
201603 0.030 100.470 0.039
201606 0.010 101.688 0.013
201609 0.020 101.861 0.026
201612 0.180 101.863 0.233
201703 0.140 102.862 0.179
201706 0.020 103.349 0.026
201709 0.070 104.136 0.089
201712 0.210 104.011 0.266
201803 0.310 105.290 0.388
201806 0.100 106.317 0.124
201809 0.110 106.507 0.136
201812 0.100 105.998 0.124
201903 -0.260 107.251 -0.319
201906 0.060 108.070 0.073
201909 0.380 108.329 0.462
201912 0.090 108.420 0.109
202003 0.070 108.902 0.085
202006 0.020 108.767 0.024
202009 -0.040 109.815 -0.048
202012 -0.050 109.897 -0.060
202103 0.030 111.754 0.035
202106 0.020 114.631 0.023
202109 -0.060 115.734 -0.068
202112 0.050 117.630 0.056
202203 -0.130 121.301 -0.141
202206 -0.050 125.017 -0.053
202209 -0.120 125.227 -0.126
202212 -0.090 125.222 -0.095
202303 -0.140 127.348 -0.145
202306 -0.260 128.729 -0.266
202309 -0.270 129.860 -0.274
202312 -0.700 129.419 -0.713
202403 -0.370 131.776 -0.370

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


Hudson Pacific Properties  (NYSE:HPP) 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 Hudson Pacific Properties was 1866.50. The lowest was 37.09. And the median was 326.00.


Be Aware

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


Hudson Pacific Properties E10 Related Terms

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


Hudson Pacific Properties (Hudson Pacific Properties) Business Description

Traded in Other Exchanges
Address
11601 Wilshire Boulevard, Ninth Floor, Los Angeles, CA, USA, 90025
Hudson Pacific Properties Inc is a real estate investment trust that acquires, operates, and owns office buildings and media and entertainment properties, such as sound stages, on America's West Coast. The company focuses on developed, urban markets in Northern California, Southern California, and the Pacific Northwest. In terms of total square footage, the vast majority of Hudson Pacific's real estate portfolio is composed of office properties located in the Greater Seattle, San Francisco, and Los Angeles areas. The company operates in two reportable segments; office properties & related operations; and studio properties & related operations. The majority of revenue is derived from the office properties & related operations segment.
Executives
Arthur X. Suazo officer: EVP, Leasing 11601 WILSHIRE BOULEVARD, 6TH FLOOR, LOS ANGELES CA 90025
Drew Gordon officer: Chief Investment Officer 11601 WILSHIRE BLVD., 9TH FLOOR, LOS ANGELES CA 90025
Harout Krikor Diramerian officer: Chief Accounting Officer C/O HUDSON PACIFIC PROPERTIES, INC., 11601 WILSHIRE BLVD. SUITE 1600, LOS ANGELES CA 90025
Barry A Sholem director 2121 AVENUE OF THE STARS, LOS ANGELES CA 90067
Victor J Coleman director, officer: Chief Executive Officer HUDSON PACIFIC PROPERTIES INC., 11601 WILSHIRE BLVD SUITE 1600, LOS ANGELES CA 90025
Andy Wattula officer: Chief Operating Officer 11601 WILSHIRE BLVD., 9TH FLOOR, LOS ANGELES CA 90025
Mark T Lammas officer: Chief Financial Officer 11601 WILSHIRE BLVD., SUITE 1600, LOS ANGELES CA 90025
Mark David Linehan director 5330 DEBBIE ROAD, SUITE 100, SANTA BARBARA CA 93111
Harris Robert L Ii director C/O ACACIA RESEARCH CORP, 500 NEWPORT CENTER DRIVE, 7TH FLOOR, NEWPORT BEACH CA 92660
Jonathan M Glaser director 11601 WILSHIRE BLVD., SUITE 2180, LOS ANGELES CA 90025
Erinn Burnough director LANSDOWNE HOUSE, LANSDOWNE ROAD, FLAT 11, LONDON X0 W11 3LP
Christopher James Barton officer: EVP,Operations and Development 11601 WILSHIRE BLVD., SUITE 1600, LOS ANGELES CA 90025
Richard B Fried director, 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Barry Alan Porter director C/O CLARITY PARTNERS, 100 N. CRESCENT DR, SUITE 300, BEVERLY HILLS CA 90210
Karen Brodkin director 1136 GALLOWAY STREET, PACIFIC PALISADES CA 90272