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Blackstone Mortgage Trust (Blackstone Mortgage Trust) Shiller PE Ratio : 7.65 (As of Apr. 28, 2024)


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What is Blackstone Mortgage Trust Shiller PE Ratio?

As of today (2024-04-28), Blackstone Mortgage Trust's current share price is $17.91. Blackstone Mortgage Trust's E10 for the quarter that ended in Mar. 2024 was $2.34. Blackstone Mortgage Trust's Shiller PE Ratio for today is 7.65.

The historical rank and industry rank for Blackstone Mortgage Trust's Shiller PE Ratio or its related term are showing as below:

BXMT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.93   Med: 3.15   Max: 11.18
Current: 7.67

During the past years, Blackstone Mortgage Trust's highest Shiller PE Ratio was 11.18. The lowest was 0.93. And the median was 3.15.

BXMT's Shiller PE Ratio is ranked better than
71.75% of 446 companies
in the REITs industry
Industry Median: 11.37 vs BXMT: 7.67

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.

Blackstone Mortgage Trust's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blackstone Mortgage Trust Shiller PE Ratio Historical Data

The historical data trend for Blackstone Mortgage Trust'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.

Blackstone Mortgage Trust Shiller PE Ratio Chart

Blackstone Mortgage Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.93 1.21 2.83 9.63 8.68

Blackstone Mortgage Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio 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 7.33 8.35 8.73 8.68 8.52

Competitive Comparison of Blackstone Mortgage Trust's Shiller PE Ratio

For the REIT - Mortgage subindustry, Blackstone Mortgage Trust'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.


Blackstone Mortgage Trust's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Blackstone Mortgage Trust's Shiller PE Ratio distribution charts can be found below:

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



Blackstone Mortgage Trust 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.

Blackstone Mortgage Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=17.91/2.34
=7.65

* 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.

Blackstone Mortgage Trust's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Blackstone Mortgage Trust'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)
=-0.71/129.4194*129.4194
=-0.710

Current CPI (Mar. 2024) = 129.4194.

Blackstone Mortgage Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.700 100.560 0.901
201409 0.450 100.428 0.580
201412 0.340 99.070 0.444
201503 0.600 99.621 0.779
201506 0.360 100.684 0.463
201509 0.720 100.392 0.928
201512 0.720 99.792 0.934
201603 0.610 100.470 0.786
201606 0.670 101.688 0.853
201609 0.690 101.861 0.877
201612 0.560 101.863 0.711
201703 0.540 102.862 0.679
201706 0.530 103.349 0.664
201709 0.610 104.136 0.758
201712 0.590 104.011 0.734
201803 0.560 105.290 0.688
201806 0.660 106.317 0.803
201809 0.670 106.507 0.814
201812 0.600 105.998 0.733
201903 0.620 107.251 0.748
201906 0.590 108.070 0.707
201909 0.560 108.329 0.669
201912 0.590 108.420 0.704
202003 -0.390 108.902 -0.463
202006 0.130 108.767 0.155
202009 0.610 109.815 0.719
202012 0.580 109.897 0.683
202103 0.540 111.754 0.625
202106 0.890 114.631 1.005
202109 0.560 115.734 0.626
202112 0.770 117.630 0.847
202203 0.580 121.301 0.619
202206 0.540 125.017 0.559
202209 0.590 125.227 0.610
202212 -0.280 125.222 -0.289
202303 0.670 127.348 0.681
202306 0.580 128.729 0.583
202309 0.170 129.860 0.169
202312 -0.010 129.419 -0.010
202403 -0.710 129.419 -0.710

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.


Blackstone Mortgage Trust  (NYSE:BXMT) 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.


Blackstone Mortgage Trust Shiller PE Ratio Related Terms

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


Blackstone Mortgage Trust (Blackstone Mortgage Trust) Business Description

Traded in Other Exchanges
Address
345 Park Avenue, 24th Floor, New York, NY, USA, 10154
Blackstone Mortgage Trust Inc is a real estate finance company primarily involved in the origination and purchase of senior loans collateralized by commercial properties in North America, Europe, and Australia. The vast majority of the company's asset portfolio is comprised of floating rate loans secured by priority mortgages. These mortgages are mainly derived from office, hotel, and manufactured housing properties. A significant percentage of the collateralized real estate properties are located in New York, California, and the United Kingdom. Blackstone Mortgage Trust is managed by a subsidiary of The Blackstone Group and benefits from the market data provided by its parent company. Nearly all of Blackstone Mortgage Trust's revenue is generated in the form of interest income.
Executives
Marone Anthony F. Jr officer: Chief Financial Officer C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Katharine A Keenan director, officer: CEO & President C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Nnenna Lynch director 4040 WILSON BOULEVARD, SUITE1000, ARLINGTON VA 22203
Lynne B Sagalyn director
Leonard W Cotton director 625 MADISON AVENUE, NEW YORK NY 10022
Henry N Nassau director 435 DEVON PARK DR, BLDG 600, WAYNE PA 19087
Thomas E Dobrowski director MANUFACTURED HOME COMMUNTIES INC, 2 N RIVERSIDE PLZ #8, CHICAGO IL 60606
Timothy Steven Johnson director C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Michael B. Nash director C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Gilda Perez-alvarado director C/O SONDER HOLDINGS, INC., 101 15TH ST., SAN FRANCISCO CA 94103
Jonathan Lee Pollack director C/O BLACKSTONE MORTGAGE TRUST, INC., 345 PARK AVE., 42ND FLOOR, NEW YORK NY 10154
Douglas N. Armer officer: Principal and Treasurer C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Stephen D Plavin director, officer: CEO OMEGA HEALTHCARE INVESTORS INC, 900 VICTORS WAY SUITE 350, ANN ARBOR MI 48108
Thomas C Ruffing officer: CCO, Head of Asset Management C/O CAPITAL TRUST, INC. 410 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
Paul D Quinlan officer: Chief Financial Officer C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154