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Franklin Street Properties (Franklin Street Properties) Shiller PE Ratio

: 11.63 (As of Today)
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As of today (2024-04-18), Franklin Street Properties's current share price is $1.86. Franklin Street Properties's E10 for the quarter that ended in Dec. 2023 was $0.16. Franklin Street Properties's Shiller PE Ratio for today is 11.63.

The historical rank and industry rank for Franklin Street Properties's Shiller PE Ratio or its related term are showing as below:

FSP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.04   Med: 24.28   Max: 44.11
Current: 11.63

During the past years, Franklin Street Properties's highest Shiller PE Ratio was 44.11. The lowest was 5.04. And the median was 24.28.

FSP's Shiller PE Ratio is ranked worse than
51.58% of 444 companies
in the REITs industry
Industry Median: 11.29 vs FSP: 11.63

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Franklin Street Properties's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franklin Street Properties Shiller PE Ratio Historical Data

The historical data trend for Franklin Street Properties's Shiller PE Ratio 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.

Franklin Street Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.62 23.00 26.36 11.90 15.69

Franklin Street Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 11.90 6.86 6.69 10.92 15.69

Competitive Comparison

For the REIT - Office subindustry, Franklin Street 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.


Franklin Street Properties Shiller PE Ratio Distribution

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

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



Franklin Street Properties Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Franklin Street Properties's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.86/0.16
=11.63

* 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.

Franklin Street Properties's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Franklin Street Properties's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.03/129.4194*129.4194
=0.030

Current CPI (Dec. 2023) = 129.4194.

Franklin Street Properties Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.040 99.695 0.052
201406 0.040 100.560 0.051
201409 0.020 100.428 0.026
201412 0.040 99.070 0.052
201503 0.130 99.621 0.169
201506 0.040 100.684 0.051
201509 0.030 100.392 0.039
201512 0.150 99.792 0.195
201603 0.030 100.470 0.039
201606 0.020 101.688 0.025
201609 0.020 101.861 0.025
201612 0.020 101.863 0.025
201703 0.040 102.862 0.050
201706 -0.160 103.349 -0.200
201709 0.020 104.136 0.025
201712 -0.050 104.011 -0.062
201803 0.010 105.290 0.012
201806 0.010 106.317 0.012
201809 0.090 106.507 0.109
201812 0.010 105.998 0.012
201903 -0.010 107.251 -0.012
201906 0.020 108.070 0.024
201909 0.020 108.329 0.024
201912 0.030 108.420 0.036
202003 -0.010 108.902 -0.012
202006 -0.020 108.767 -0.024
202009 -0.020 109.815 -0.024
202012 0.340 109.897 0.400
202103 -0.060 111.754 -0.069
202106 0.150 114.631 0.169
202109 0.040 115.734 0.045
202112 0.750 117.630 0.825
202203 -0.040 121.301 -0.043
202206 -0.090 125.017 -0.093
202209 0.170 125.227 0.176
202212 -0.030 125.222 -0.031
202303 0.020 127.348 0.020
202306 -0.080 128.729 -0.080
202309 -0.440 129.860 -0.439
202312 0.030 129.419 0.030

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


Franklin Street Properties  (AMEX:FSP) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Franklin Street Properties Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Franklin Street Properties's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Franklin Street Properties (Franklin Street Properties) Business Description

Traded in Other Exchanges
Address
401 Edgewater Place, Suite 200, Wakefield, MA, USA, 01880
Franklin Street Properties Corp is a real estate investment trust. The company is focused on commercial real estate investments in office markets. The company's operations include rental income from real estate leasing, interest income from secured loans made on office properties, property dispositions, and fee income from asset/property management and development. Franklin Street markets Atlanta, Dallas, Denver, Houston, and Minneapolis. It owns a portfolio of real estate consisting of approximately 32 properties.
Executives
Brian N Hansen director CONFLUENCE INVESTMENT MANAGEMENT LLC, 20 ALLEN AVENUE, SUITE 300, ST. LOUIS MO 63119
Jonathan Bennett Odle 10 percent owner 3622 ENDEAVOR AVENUE, SUITE 101, COLUMBIA MO 65201
Dennis J Mcgillicuddy director 1221 S. TAMIAMI TRAIL, SARASOTA FL 34239
Wilkins Milton P Jr director 401 EDGEWATER PLACE, STE 200, WAKEFIELD MA 01880
Kenneth A Hoxsie director 401 EDGEWATER PL, STE 200, WAKEFIELD MA 01880
Georgia Murray director 433 SHAWMUT AVE, BOSTON MA 02118
John N Burke director 175 DERBY STREET, SUITE 42, HINGHAM MA 02043
Kathryn P O'neil director 401 EDGEWATER PL, STE 200, WAKEFIELD MA 01880
John G Demeritt officer: Senior Vice President-Finance 401 EDGEWATER PLACE, STE. 200, WAKEFIELD MA 01880
George J Carter director, officer: CEO 401 EDGEWATER PLACE, SUITE 200, WAKEFIELD MA 01880
Eriel Anchondo officer: SVP/Operations 401 EDGEWATER PL, STE. 200, WAKEFIELD MA 01880
Jeffrey B Carter officer: Executive Vice President 401 EDGEWATER PLACE, SUITE 200, WAKEFIELD MA 01880
John F Donahue officer: Executive Vice President 401 EDGEWATER PL, STE 200, WAKEFIELD MA 01880
Barry Silverstein other: former director 2500 S. OCEAN BLVD., #503, BOCA RATON FL 33432
Barbara J Corinha director, officer: VP, COO, Treasurer & Secretary 401 EDGEWATER PLACE, SUITE 200, WAKEFIELD MA 01880

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