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Iron Mountain (Iron Mountain) Shiller PE Ratio

: 56.32 (As of Today)
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As of today (2024-04-16), Iron Mountain's current share price is $74.90. Iron Mountain's E10 for the quarter that ended in Dec. 2023 was $1.33. Iron Mountain's Shiller PE Ratio for today is 56.32.

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

IRM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.74   Med: 37.36   Max: 61.18
Current: 56.32

During the past years, Iron Mountain's highest Shiller PE Ratio was 61.18. The lowest was 22.74. And the median was 37.36.

IRM's Shiller PE Ratio is ranked worse than
94.38% of 445 companies
in the REITs industry
Industry Median: 11.32 vs IRM: 56.32

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.

Iron Mountain's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.33 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iron Mountain Shiller PE Ratio Historical Data

The historical data trend for Iron Mountain'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.

Iron Mountain 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 33.13 26.00 46.60 39.60 52.51

Iron Mountain 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 39.60 41.03 - 43.72 52.51

Competitive Comparison

For the REIT - Specialty subindustry, Iron Mountain'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.


Iron Mountain Shiller PE Ratio Distribution

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

* The bar in red indicates where Iron Mountain's Shiller PE Ratio falls into.



Iron Mountain 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.

Iron Mountain's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=74.90/1.33
=56.32

* 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.

Iron Mountain's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Iron Mountain'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)
=0.1/129.4194*129.4194
=0.100

Current CPI (Dec. 2023) = 129.4194.

Iron Mountain Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.220 99.695 0.286
201406 1.400 100.560 1.802
201409 0.000 100.428 0.000
201412 0.040 99.070 0.052
201503 0.190 99.621 0.247
201506 0.250 100.684 0.321
201509 0.110 100.392 0.142
201512 0.030 99.792 0.039
201603 0.300 100.470 0.386
201606 -0.060 101.688 -0.076
201609 0.030 101.861 0.038
201612 0.190 101.863 0.241
201703 0.220 102.862 0.277
201706 0.300 103.349 0.376
201709 0.090 104.136 0.112
201712 0.030 104.011 0.037
201803 0.160 105.290 0.197
201806 0.320 106.317 0.390
201809 0.230 106.507 0.279
201812 0.550 105.998 0.672
201903 0.100 107.251 0.121
201906 0.320 108.070 0.383
201909 0.370 108.329 0.442
201912 0.130 108.420 0.155
202003 0.220 108.902 0.261
202006 -0.020 108.767 -0.024
202009 0.130 109.815 0.153
202012 0.860 109.897 1.013
202103 0.160 111.754 0.185
202106 0.950 114.631 1.073
202109 0.230 115.734 0.257
202112 0.210 117.630 0.231
202203 0.140 121.301 0.149
202206 0.680 125.017 0.704
202209 0.660 125.227 0.682
202212 0.410 125.222 0.424
202303 0.220 127.348 0.224
202306 0.000 128.729 0.000
202309 0.310 129.860 0.309
202312 0.100 129.419 0.100

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.


Iron Mountain  (NYSE:IRM) 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.


Iron Mountain Shiller PE Ratio Related Terms

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


Iron Mountain (Iron Mountain) Business Description

Traded in Other Exchanges
Address
85 New Hampshire Avenue, Suite 150, Portsmouth, NH, USA, 03801
Iron Mountain Inc is a record management services provider. The firm is organized as a REIT. Most of its revenue comes from its storage business, with the rest coming from value-added services. The firm primarily caters to enterprise clients in developed markets. Its business segments include Global RIM Business; Global Data Center Business; and Corporate and Other Business.
Executives
William L Meaney director, officer: President and CEO C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Deborah Marson officer: EVP, General Counsel, Sec. C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Robin Matlock director C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Mark Kidd officer: SVP, GM Data Centers C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Wing Cheung Hwang officer: EVP&GM, Data Centers C/O IRON MOUNTAIN INC., 85 NEW HAMPSHIRE AVE, SUITE 150, PORTSMOUTH NH 03801
John Tomovcsik officer: EVP, G. Mgr., Rec. & Inf. Mgmt C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Edward Baker-greene officer: EVP, CHRO 601 MERRITT 7, NORWALK CT 06851
Wendy J. Murdock director 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Samuels Theodore R. Ii director 1990 E. GRAND AVE., EL SEGUNDO CA 90245
Barry Hytinen officer: EVP & CFO 1000 TEMPUR WAY, LEXINGTON KY 40502
Daniel Borges officer: VP & Chief Accounting Officer C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Walter C Rakowich director 14100 E 35TH PL, AURORA CO 80011
Jennifer Allerton director C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Greg W Mcintosh officer: EVP, Strategic Accounts C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Deirdre Evens officer: EVP and Chief of Operations 10 STILLMEADOW WAY, FRAMINGHAM MA 01702

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