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Lamar Advertising Co (Lamar Advertising Co) Shiller PE Ratio : 28.54 (As of Apr. 25, 2024)


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What is Lamar Advertising Co Shiller PE Ratio?

As of today (2024-04-25), Lamar Advertising Co's current share price is $112.72. Lamar Advertising Co's E10 for the quarter that ended in Dec. 2023 was $3.95. Lamar Advertising Co's Shiller PE Ratio for today is 28.54.

The historical rank and industry rank for Lamar Advertising Co's Shiller PE Ratio or its related term are showing as below:

LAMR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 18.75   Med: 54.48   Max: 1622.33
Current: 28.54

During the past years, Lamar Advertising Co's highest Shiller PE Ratio was 1622.33. The lowest was 18.75. And the median was 54.48.

LAMR's Shiller PE Ratio is ranked worse than
84.01% of 444 companies
in the REITs industry
Industry Median: 11.375 vs LAMR: 28.54

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.

Lamar Advertising Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.95 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lamar Advertising Co Shiller PE Ratio Historical Data

The historical data trend for Lamar Advertising Co'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.

Lamar Advertising Co Shiller PE Ratio Chart

Lamar Advertising Co 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 45.91 36.74 43.24 27.70 26.88

Lamar Advertising Co 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 27.70 28.10 26.90 21.76 26.88

Competitive Comparison of Lamar Advertising Co's Shiller PE Ratio

For the REIT - Specialty subindustry, Lamar Advertising Co'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.


Lamar Advertising Co's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lamar Advertising Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Lamar Advertising Co's Shiller PE Ratio falls into.



Lamar Advertising Co 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.

Lamar Advertising Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=112.72/3.95
=28.54

* 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.

Lamar Advertising Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Lamar Advertising Co'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)
=1.46/129.4194*129.4194
=1.460

Current CPI (Dec. 2023) = 129.4194.

Lamar Advertising Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.050 99.695 -0.065
201406 0.160 100.560 0.206
201409 0.370 100.428 0.477
201412 2.180 99.070 2.848
201503 0.420 99.621 0.546
201506 0.610 100.684 0.784
201509 0.890 100.392 1.147
201512 0.790 99.792 1.025
201603 0.530 100.470 0.683
201606 0.840 101.688 1.069
201609 0.870 101.861 1.105
201612 0.810 101.863 1.029
201703 0.420 102.862 0.528
201706 0.940 103.349 1.177
201709 0.980 104.136 1.218
201712 0.880 104.011 1.095
201803 0.150 105.290 0.184
201806 1.020 106.317 1.242
201809 0.950 106.507 1.154
201812 0.960 105.998 1.172
201903 0.510 107.251 0.615
201906 1.180 108.070 1.413
201909 0.990 108.329 1.183
201912 1.020 108.420 1.218
202003 0.400 108.902 0.475
202006 0.310 108.767 0.369
202009 0.620 109.815 0.731
202012 1.080 109.897 1.272
202103 0.380 111.754 0.440
202106 1.180 114.631 1.332
202109 1.050 115.734 1.174
202112 1.210 117.630 1.331
202203 0.910 121.301 0.971
202206 1.320 125.017 1.366
202209 1.440 125.227 1.488
202212 0.650 125.222 0.672
202303 0.740 127.348 0.752
202306 1.280 128.729 1.287
202309 1.370 129.860 1.365
202312 1.460 129.419 1.460

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.


Lamar Advertising Co  (NAS:LAMR) 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.


Lamar Advertising Co Shiller PE Ratio Related Terms

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


Lamar Advertising Co (Lamar Advertising Co) Business Description

Traded in Other Exchanges
Address
5321 Corporate Boulevard, Baton Rouge, LA, USA, 70808
Lamar Advertising Co is an outdoor advertising company organized as a real estate investment trust for U.S. federal income tax purposes. Lamar's core revenue-generating activity is leasing space for advertising on billboards, buses, shelters, benches, logo plates, and airport terminals through short-term agreements. The company is involved in this process from ad copy production to the placement and maintenance of physical advertisements. The vast majority of Lamar's revenue comes from renting ad space on its portfolio of static and digital roadside billboard displays in the U.S. The states of Pennsylvania and Texas house a proportion of these. The company's customers are restaurant, service, healthcare, and retail firms in terms of total revenue.
Executives
Jay Lecoryelle Johnson officer: CFO, Treasurer, EVP C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Nancy Fletcher director 5321 CORPORATE BOULEVARD, BATON ROUGE LA 70808
Thomas V Reifenheiser director C/O LAMAR CORP, 5551 CORPORATE BLVD, BATON ROUGE LA 70808
Wendell Reilly director C/O BERMAN CAPITAL ADVISORS, 3475 LENOX RD. STE. 760, ATLANTA GA 30326
Koerner John E Iii director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Anna Reilly director C/O LAMAR ADVERTISING COMPANY, 5321 CORPORATE BLVD, BATON ROUGE LA 70808
Stephen P Mumblow director 790 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Elizabeth Mary Thompson director 5321 CORPORATE BOULEVARD, BATON ROUGE LA 70808
Keith A Istre officer: Chief Financial Officer C/O LAMAR CORP, 5321 CORPORATE BLVD, BATON ROUGE LA 70808
Sean E Reilly officer: Chief Operating Officer 5321 CORPORATE BLVD, BATON ROUGE LA 70808
Marshall A Loeb director C/O EASTGROUP PROPERTIES, INC., 190 EAST CAPITOL STREET, JACKSON MS 39201
John Maxwell Hamilton director C/O LAMAR CORP, 5551 CORPORATE BLVD, BATON ROUGE LA 70808
Reilly Kevin P Jr director, officer: President and CEO C/O LAMAR CORP, 5321 CORPORATE BLVD, BATON ROUGE LA 70808
Spo Advisory Corp 10 percent owner PO BOX 2722, C/O SPO PARTNERS & CO, SAN ANSELMO CA 94979
Abrams Capital Management, L.p. 10 percent owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116