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New England Realty Associates LP (New England Realty Associates LP) Shiller PE Ratio : 57.15 (As of Apr. 27, 2024)


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What is New England Realty Associates LP Shiller PE Ratio?

As of today (2024-04-27), New England Realty Associates LP's current share price is $69.15. New England Realty Associates LP's E10 for the quarter that ended in Dec. 2023 was $1.21. New England Realty Associates LP's Shiller PE Ratio for today is 57.15.

The historical rank and industry rank for New England Realty Associates LP's Shiller PE Ratio or its related term are showing as below:

NEN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 35.72   Med: 73.98   Max: 114.18
Current: 57.05

During the past years, New England Realty Associates LP's highest Shiller PE Ratio was 114.18. The lowest was 35.72. And the median was 73.98.

NEN's Shiller PE Ratio is ranked worse than
90.61% of 1076 companies
in the Real Estate industry
Industry Median: 10.675 vs NEN: 57.05

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.

New England Realty Associates LP's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.644. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


New England Realty Associates LP Shiller PE Ratio Historical Data

The historical data trend for New England Realty Associates LP'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.

New England Realty Associates LP Shiller PE Ratio Chart

New England Realty Associates LP 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 55.90 43.20 63.21 63.02 57.50

New England Realty Associates LP 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 63.02 62.67 66.88 58.88 57.50

Competitive Comparison of New England Realty Associates LP's Shiller PE Ratio

For the Real Estate Services subindustry, New England Realty Associates LP'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.


New England Realty Associates LP's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New England Realty Associates LP's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where New England Realty Associates LP's Shiller PE Ratio falls into.



New England Realty Associates LP 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.

New England Realty Associates LP's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=69.15/1.21
=57.15

* 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.

New England Realty Associates LP's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, New England Realty Associates LP'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)
=0.644/129.4194*129.4194
=0.644

Current CPI (Dec. 2023) = 129.4194.

New England Realty Associates LP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.008 99.695 -0.010
201406 0.072 100.560 0.093
201409 0.047 100.428 0.061
201412 0.152 99.070 0.199
201503 0.106 99.621 0.138
201506 0.286 100.684 0.368
201509 0.281 100.392 0.362
201512 0.313 99.792 0.406
201603 0.325 100.470 0.419
201606 0.259 101.688 0.330
201609 0.320 101.861 0.407
201612 0.404 101.863 0.513
201703 0.503 102.862 0.633
201706 0.659 103.349 0.825
201709 0.231 104.136 0.287
201712 0.448 104.011 0.557
201803 0.498 105.290 0.612
201806 0.014 106.317 0.017
201809 0.175 106.507 0.213
201812 0.418 105.998 0.510
201903 0.403 107.251 0.486
201906 0.475 108.070 0.569
201909 0.374 108.329 0.447
201912 0.513 108.420 0.612
202003 0.371 108.902 0.441
202006 0.397 108.767 0.472
202009 -0.119 109.815 -0.140
202012 -0.266 109.897 -0.313
202103 -0.080 111.754 -0.093
202106 0.154 114.631 0.174
202109 -0.020 115.734 -0.022
202112 -0.796 117.630 -0.876
202203 0.093 121.301 0.099
202206 0.067 125.017 0.069
202209 0.275 125.227 0.284
202212 0.590 125.222 0.610
202303 0.486 127.348 0.494
202306 0.618 128.729 0.621
202309 0.607 129.860 0.605
202312 0.644 129.419 0.644

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.


New England Realty Associates LP  (AMEX:NEN) 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.


New England Realty Associates LP Shiller PE Ratio Related Terms

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New England Realty Associates LP (New England Realty Associates LP) Business Description

Traded in Other Exchanges
N/A
Address
39 Brighton Avenue, Allston, MA, USA, 02134
New England Realty Associates LP is engaged in the business of acquiring, developing, holding for investment, operating and selling real estate. The Partnership owns and operates various residential apartments, condominium units and commercial properties located in Massachusetts and New Hampshire. The company generates revenue from rental income from residential and commercial properties recognized over the term of the related lease. The long-term goals of the Partnership are to manage, rent and improve its properties and to acquire additional properties with income and capital appreciation potential as suitable opportunities arise.
Executives
Jameson Pruitt Brown director, officer: Treasurer NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02360
Ronald Brown officer: President NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02134
Carl Anthony Valeri other: 5% Owner, Asset Manager 50 UDINE STREET, ARLINGTON MA 02476
Harold Brown director, 10 percent owner, officer: Treas. & Dir. of Gen. Ptnr NEN 39 BRIGHTON AVE, ALLSTON MA 02134
1999 Revocable Trust 10 percent owner C/O NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02025
Nera 1994 Irrevocable Trust 10 percent owner, officer: Treasurer C/O LANE AITMAN & OWENS, 101 FEDERAL STREET, BOSTON MA 02110
David R Jarvis 10 percent owner C/O MERCURY REAL ESTATE ADVISORS LLC, 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Real Estate Securities Offshore Fund, Ltd. 10 percent owner 100 FIELD POINT ROAD, GREENWICH CT 06830
Silvercreek Sav Llc 10 percent owner C/O MERCURY REAL ESTATE ADVISORS LLC, 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Special Situations Offshore Fund Ltd 10 percent owner P O BOX 3460 RD TOWN, TORTOLA BVI E9 00000
Maclean Malcolm F Iv 10 percent owner C/O ASPEN GROUP, INC., 1660 SOUTH ALBION STREET, SUITE 525, DENVER CO 80222
Mercury Real Estate Securities Fund Lp 10 percent owner 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Mayfair Llc 10 percent owner 100 FIELD POINT ROAD, FIRST FLOOR, GREENWICH CT 06830
Mercury Special Situations Fund L P 10 percent owner 100 FIELD POINT RD, GREENWICH CT 06830
Mercury Securities Ii Llc 10 percent owner 100 FIELD POINT ROAD, FIRST FLOOR, GREENWICH CT 06830

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