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H&R Real Estate Investment Trust (H&R Real Estate Investment Trust) Shiller PE Ratio : 6.38 (As of Apr. 28, 2024)


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What is H&R Real Estate Investment Trust Shiller PE Ratio?

As of today (2024-04-28), H&R Real Estate Investment Trust's current share price is $6.64. H&R Real Estate Investment Trust's E10 for the quarter that ended in Dec. 2023 was $1.04. H&R Real Estate Investment Trust's Shiller PE Ratio for today is 6.38.

The historical rank and industry rank for H&R Real Estate Investment Trust's Shiller PE Ratio or its related term are showing as below:

HRUFF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.23   Med: 8.9   Max: 13.29
Current: 6.47

During the past years, H&R Real Estate Investment Trust's highest Shiller PE Ratio was 13.29. The lowest was 3.23. And the median was 8.90.

HRUFF's Shiller PE Ratio is ranked better than
79.15% of 446 companies
in the REITs industry
Industry Median: 11.37 vs HRUFF: 6.47

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.

H&R Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.032. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


H&R Real Estate Investment Trust Shiller PE Ratio Historical Data

The historical data trend for H&R Real Estate Investment 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.

H&R Real Estate Investment Trust Shiller PE Ratio Chart

H&R Real Estate Investment 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 8.10 7.34 8.63 8.08 7.10

H&R Real Estate Investment Trust 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 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 8.08 8.57 7.47 6.36 7.10

Competitive Comparison of H&R Real Estate Investment Trust's Shiller PE Ratio

For the REIT - Diversified subindustry, H&R Real Estate Investment 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.


H&R Real Estate Investment Trust's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, H&R Real Estate Investment Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where H&R Real Estate Investment Trust's Shiller PE Ratio falls into.



H&R Real Estate Investment 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.

H&R Real Estate Investment Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.64/1.04
=6.38

* 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.

H&R Real Estate Investment Trust's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, H&R Real Estate Investment Trust'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)
=-0.032/125.4675*125.4675
=-0.032

Current CPI (Dec. 2023) = 125.4675.

H&R Real Estate Investment Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.377 98.604 0.480
201406 0.127 99.473 0.160
201409 0.454 99.394 0.573
201412 0.435 98.367 0.555
201503 0.271 99.789 0.341
201506 0.350 100.500 0.437
201509 0.451 100.421 0.563
201512 -0.106 99.947 -0.133
201603 0.081 101.054 0.101
201606 0.287 102.002 0.353
201609 0.302 101.765 0.372
201612 0.371 101.449 0.459
201703 0.289 102.634 0.353
201706 0.399 103.029 0.486
201709 0.221 103.345 0.268
201712 0.874 103.345 1.061
201803 0.168 105.004 0.201
201806 0.287 105.557 0.341
201809 0.283 105.636 0.336
201812 0.159 105.399 0.189
201903 -0.005 106.979 -0.006
201906 0.288 107.690 0.336
201909 0.183 107.611 0.213
201912 0.433 107.769 0.504
202003 -2.548 107.927 -2.962
202006 0.092 108.401 0.106
202009 0.653 108.164 0.757
202012 0.304 108.559 0.351
202103 0.442 110.298 0.503
202106 0.270 111.720 0.303
202109 0.370 112.905 0.411
202112 0.564 113.774 0.622
202203 2.694 117.646 2.873
202206 0.320 120.806 0.332
202209 -0.342 120.648 -0.356
202212 -0.322 120.964 -0.334
202303 0.261 122.702 0.267
202306 -0.168 124.203 -0.170
202309 0.106 125.230 0.106
202312 -0.032 125.468 -0.032

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.


H&R Real Estate Investment Trust  (OTCPK:HRUFF) 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.


H&R Real Estate Investment Trust Shiller PE Ratio Related Terms

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H&R Real Estate Investment Trust (H&R Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
3625 Dufferin Street, Suite 500, Toronto, ON, CAN, M3K 1N4
H&R Real Estate Investment Trust is a real estate investment trust principally involved in the ownership of properties in Canada and the U.S. The REIT has four reportable operating segments- Residential, Industrial, Office and Retail, in two geographical locations -Canada and the United States. The operating segments derive their revenue from rental income from leases. The majority of this income is generated by its Canadian properties. In terms of property type, H&R's Office contribute to its total revenue.

H&R Real Estate Investment Trust (H&R Real Estate Investment Trust) Headlines

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