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Kite Realty Group Trust (Kite Realty Group Trust) Shiller PE Ratio

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Shiller PE for Stocks: The True Measure of Stock Valuation


Kite Realty Group Trust Shiller PE Ratio Historical Data

The historical data trend for Kite Realty Group 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.

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Kite Realty Group Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Kite Realty Group Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison

For the REIT - Retail subindustry, Kite Realty Group 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.


Kite Realty Group Trust Shiller PE Ratio Distribution

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

* The bar in red indicates where Kite Realty Group Trust's Shiller PE Ratio falls into.



Kite Realty Group 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.

Kite Realty Group Trust's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Kite Realty Group 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)
=0.04/129.4194*129.4194
=0.040

Current CPI (Dec. 2023) = 129.4194.

Kite Realty Group Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.070 99.695 0.091
201406 -0.160 100.560 -0.206
201409 -0.200 100.428 -0.258
201412 0.060 99.070 0.078
201503 0.060 99.621 0.078
201506 0.060 100.684 0.077
201509 0.005 100.392 0.006
201512 0.060 99.792 0.078
201603 0.020 100.470 0.026
201606 -0.023 101.688 -0.029
201609 -0.020 101.861 -0.025
201612 0.040 101.863 0.051
201703 0.000 102.862 0.000
201706 0.120 103.349 0.150
201709 -0.010 104.136 -0.012
201712 0.030 104.011 0.037
201803 -0.210 105.290 -0.258
201806 -0.020 106.317 -0.024
201809 0.050 106.507 0.061
201812 -0.370 105.998 -0.452
201903 0.070 107.251 0.084
201906 -0.020 108.070 -0.024
201909 -0.240 108.329 -0.287
201912 0.180 108.420 0.215
202003 -0.001 108.902 -0.001
202006 -0.060 108.767 -0.071
202009 -0.050 109.815 -0.059
202012 -0.080 109.897 -0.094
202103 0.290 111.754 0.336
202106 -0.003 114.631 -0.003
202109 -0.080 115.734 -0.089
202112 -0.520 117.630 -0.572
202203 -0.080 121.301 -0.085
202206 0.060 125.017 0.062
202209 -0.040 125.227 -0.041
202212 -0.010 125.222 -0.010
202303 0.020 127.348 0.020
202306 0.150 128.729 0.151
202309 0.010 129.860 0.010
202312 0.040 129.419 0.040

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.


Kite Realty Group Trust  (NYSE:KRG) 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.


Kite Realty Group Trust Shiller PE Ratio Related Terms

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Kite Realty Group Trust (Kite Realty Group Trust) Business Description

Traded in Other Exchanges
Address
30 South Meridian Street, Suite 1100, Indianapolis, IN, USA, 46204
Kite Realty Group Trust that owns mainly community shopping centers concentrated in Indiana (39% of base rent), Florida (10.9%), Maryland (6.8%), New York (6%), North Carolina (5.4%) and Texas (25.7%). At year-end 2022, Kite owned interests in 183 retail operating properties and three commercial properties, representing 8.9 million of gross leasable area. It also had eight properties under development or redevelopment.
Executives
Steven P Grimes director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
John A Kite director, officer: CEO, Pres & Trustee KITE REALTY GROUP TRUST, 30 S MERIDIAN STREET, SUITE 1100, INDIANAPOLIS IN 46204
Charles H Wurtzebach director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Gerald M Gorski director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Bonnie Biumi director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Peter L Lynch director 2021 SPRING ROAD SUITE 200, OAK BROOK IL 60523
Derrick Burks director C/O EQUITY LIFESTYLE PROPERTIES INC, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Caroline L. Young director C/O KITE REALTY GROUP TRUST, 30 S. MERIDIAN STREET, SUITE 1100, INDIANAPOLIS IN 46204
R Fear Heath officer: EVP & Chief Financial Officer C/O GGP INC., 350 N. ORLEANS, SUITE 300, CHICAGO IL 60654
Lee A Daniels director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
William E Bindley director
Barton R Peterson director LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285
David Buell officer: Senior VP & CAO KITE REALTY GROUP TRUST, 30 SOUTH MERIDIAN STREET, SUITE 1100, INDIANAPOLIS IN 46204
Thomas K Mcgowan officer: EVP & COO KITE REALTY GROUP TRUST, 30 S MERIDIAN STREET, SUITE 1100, INDIANAPOLIS IN 46204
Thomas R Olinger officer: Senior VP & CAO 30 S. MERIDIAN STREET, SUITE 1100, INDIANAPOLIS IN 46204