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Atrium Mortgage Investment (TSX:AI) E10 : C$1.15 (As of Mar. 2025)


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What is Atrium Mortgage Investment 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.

Atrium Mortgage Investment's adjusted earnings per share data for the three months ended in Mar. 2025 was C$0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$1.15 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Atrium Mortgage Investment's average E10 Growth Rate was 0.90% per year. During the past 3 years, the average E10 Growth Rate was 3.40% 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 Atrium Mortgage Investment was 3.40% per year. The lowest was 3.40% per year. And the median was 3.40% per year.

As of today (2025-07-07), Atrium Mortgage Investment's current stock price is C$11.16. Atrium Mortgage Investment's E10 for the quarter that ended in Mar. 2025 was C$1.15. Atrium Mortgage Investment's Shiller PE Ratio of today is 9.70.

During the past 13 years, the highest Shiller PE Ratio of Atrium Mortgage Investment was 14.66. The lowest was 9.01. And the median was 10.10.


Atrium Mortgage Investment E10 Historical Data

The historical data trend for Atrium Mortgage Investment'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.

Atrium Mortgage Investment E10 Chart

Atrium Mortgage Investment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.03 1.09 1.13 1.14

Atrium Mortgage Investment Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.14 1.15 1.14 1.14 1.15

Competitive Comparison of Atrium Mortgage Investment's E10

For the Mortgage Finance subindustry, Atrium Mortgage Investment'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.


Atrium Mortgage Investment's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Atrium Mortgage Investment's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Atrium Mortgage Investment's Shiller PE Ratio falls into.


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Atrium Mortgage Investment 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, Atrium Mortgage Investment's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.25/129.1809*129.1809
=0.250

Current CPI (Mar. 2025) = 129.1809.

Atrium Mortgage Investment Quarterly Data

per share eps CPI Adj_EPS
201506 0.240 100.500 0.308
201509 0.240 100.421 0.309
201512 0.230 99.947 0.297
201603 0.230 101.054 0.294
201606 0.240 102.002 0.304
201609 0.250 101.765 0.317
201612 0.240 101.449 0.306
201703 0.240 102.634 0.302
201706 0.230 103.029 0.288
201709 0.230 103.345 0.288
201712 0.240 103.345 0.300
201803 0.240 105.004 0.295
201806 0.240 105.557 0.294
201809 0.240 105.636 0.293
201812 0.230 105.399 0.282
201903 0.240 106.979 0.290
201906 0.240 107.690 0.288
201909 0.250 107.611 0.300
201912 0.230 107.769 0.276
202003 0.230 107.927 0.275
202006 0.230 108.401 0.274
202009 0.220 108.164 0.263
202012 0.240 108.559 0.286
202103 0.230 110.298 0.269
202106 0.250 111.720 0.289
202109 0.250 112.905 0.286
202112 0.250 113.774 0.284
202203 0.250 117.646 0.275
202206 0.250 120.806 0.267
202209 0.270 120.648 0.289
202212 0.300 120.964 0.320
202303 0.310 122.702 0.326
202306 0.320 124.203 0.333
202309 0.250 125.230 0.258
202312 0.260 125.072 0.269
202403 0.270 126.258 0.276
202406 0.260 127.522 0.263
202409 0.260 127.285 0.264
202412 0.260 127.364 0.264
202503 0.250 129.181 0.250

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


Atrium Mortgage Investment  (TSX:AI) 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.

Atrium Mortgage Investment's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.16/1.15
=9.70

* 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 Atrium Mortgage Investment was 14.66. The lowest was 9.01. And the median was 10.10.


Be Aware

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


Atrium Mortgage Investment E10 Related Terms

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


Atrium Mortgage Investment Business Description

Traded in Other Exchanges
Address
18 King Street East, Suite 1010, Toronto, ON, CAN, M5C 1C4
Atrium Mortgage Investment Corp is a mortgage investment corporation in Canada. The company is a provider of financing solutions to commercial real estate and development communities in urban centers in Ontario and Western Canada. The company generates its revenue from mortgage interest and fees and rental income.
Executives
Robert Goodall Director, Senior Officer
Mark Silver Director
Nancy Lockhart Director
Peter Phillip Cohos Director
Maurice Kagan Director
Jennifer Lynn Scoffield Senior Officer