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OHI (Omega Healthcare Investors) E10 : $1.63 (As of Jun. 2024)


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What is Omega Healthcare Investors 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.

Omega Healthcare Investors's adjusted earnings per share data for the three months ended in Jun. 2024 was $0.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.63 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Omega Healthcare Investors's average E10 Growth Rate was -1.20% per year. During the past 3 years, the average E10 Growth Rate was 7.60% per year. During the past 5 years, the average E10 Growth Rate was 7.30% per year. During the past 10 years, the average E10 Growth Rate was 7.50% 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 Omega Healthcare Investors was 89.50% per year. The lowest was -106.90% per year. And the median was 6.40% per year.

As of today (2024-10-29), Omega Healthcare Investors's current stock price is $41.88. Omega Healthcare Investors's E10 for the quarter that ended in Jun. 2024 was $1.63. Omega Healthcare Investors's Shiller PE Ratio of today is 25.69.

During the past 13 years, the highest Shiller PE Ratio of Omega Healthcare Investors was 45.41. The lowest was 15.73. And the median was 26.16.


Omega Healthcare Investors E10 Historical Data

The historical data trend for Omega Healthcare Investors'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.

Omega Healthcare Investors E10 Chart

Omega Healthcare Investors 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 1.28 1.31 1.53 1.66 1.63

Omega Healthcare Investors Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.65 1.66 1.63 1.62 1.63

Competitive Comparison of Omega Healthcare Investors's E10

For the REIT - Healthcare Facilities subindustry, Omega Healthcare Investors'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.


Omega Healthcare Investors's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Omega Healthcare Investors's Shiller PE Ratio falls into.



Omega Healthcare Investors 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, Omega Healthcare Investors's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.45/132.5538*132.5538
=0.450

Current CPI (Jun. 2024) = 132.5538.

Omega Healthcare Investors Quarterly Data

per share eps CPI Adj_EPS
201409 0.480 100.428 0.634
201412 0.440 99.070 0.589
201503 0.320 99.621 0.426
201506 0.220 100.684 0.290
201509 0.430 100.392 0.568
201512 0.320 99.792 0.425
201603 0.290 100.470 0.383
201606 0.570 101.688 0.743
201609 0.400 101.861 0.521
201612 0.630 101.863 0.820
201703 0.530 102.862 0.683
201706 0.330 103.349 0.423
201709 -0.670 104.136 -0.853
201712 0.310 104.011 0.395
201803 0.420 105.290 0.529
201806 0.390 106.317 0.486
201809 0.280 106.507 0.348
201812 0.310 105.998 0.388
201903 0.340 107.251 0.420
201906 0.340 108.070 0.417
201909 0.630 108.329 0.771
201912 0.270 108.420 0.330
202003 0.390 108.902 0.475
202006 0.430 108.767 0.524
202009 -0.400 109.815 -0.483
202012 0.270 109.897 0.326
202103 0.690 111.754 0.818
202106 0.360 114.631 0.416
202109 0.580 115.734 0.664
202112 0.140 117.630 0.158
202203 0.790 121.301 0.863
202206 0.380 125.017 0.403
202209 0.430 125.227 0.455
202212 0.190 125.222 0.201
202303 0.150 127.348 0.156
202306 0.250 128.729 0.257
202309 0.370 129.860 0.378
202312 0.220 129.419 0.225
202403 0.270 131.776 0.272
202406 0.450 132.554 0.450

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


Omega Healthcare Investors  (NYSE:OHI) 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.

Omega Healthcare Investors's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=41.88/1.63
=25.69

* 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 Omega Healthcare Investors was 45.41. The lowest was 15.73. And the median was 26.16.


Be Aware

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


Omega Healthcare Investors E10 Related Terms

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


Omega Healthcare Investors Business Description

Traded in Other Exchanges
Address
303 International Circle, Suite 200, Hunt Valley, MD, USA, 21030
Omega Healthcare Investors Inc is a healthcare facility real estate investment trust that invests in the United States real estate markets. Omega's portfolio focuses on long-term healthcare facilities. Omega has one reportable segment consisting of investments in healthcare-related real estate properties located in the United States and the United Kingdom. Its core business is to provide financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities (SNFs), assisted living facilities (ALFs), and to a lesser extent, independent living facilities (ILFs), rehabilitation and acute care facilities (specialty facilities) and medical office buildings (MOBs).
Executives
Daniel J Booth officer: Chief Operating Officer 9690 DEERECO ROAD, SUITE 100, TIMONIUM MD 21093
Robert O Stephenson officer: Chief Financial Officer C/O OMEGA HEALTHCARE INVESTORS, 9690 DEERECO ROAD, SUITE 100, TIMONIUM MD 21093
Lisa Egbuonu-davis director C/O OMEGA HEALTHCARE INVESTORS, INC., 303 INTERNATIONAL CIRCLE, SUITE 200, HUNT VALLEY MD 21030
Gail D Makode officer: Chief Legal Officer ONE SOUND SHORE DR, SUITE 304, GREENWICH CT 06830
Kapila K Anand director C/O EXTENDED STAY AMERICA, INC., 11525 N. COMMUNITY HOUSE ROAD, SUITE 100, CHARLOTTE NC 28277
Neal Ballew officer: Chief Accounting Officer 303 INTERNATIONAL CIRCLE, SUITE 200, HUNT VALLEY MD 21030
Burke W Whitman director 13455 NOEL ROAD # 2000, DALLAS TX 75240
Steven J Insoft officer: Chief Corp Development Officer
C Taylor Pickett director, officer: Chief Executive Officer C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Kevin J Jacobs director 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Michael Ritz officer: Chief Accounting Officer 9690 DEERECO ROAD, SUITE 100, TIMONIUM MD 21131
Craig R Callen director 7902 WESTPARK DR, C/O SUNRISE ASSISTED LIVING, MCLEAN VA 22102
Ben W Perks director
Bernard J Korman director OMEGA HEALTHCARE INVESTORS INC, ANN ARBOR MI 48108
Craig M Bernfield director 303 WEST MADISON STREET, SUITE 2400, CHICAGO IL 60606