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Monmouth Real Estate Investment (Monmouth Real Estate Investment) Shiller PE Ratio : 77.70 (As of Apr. 26, 2024)


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What is Monmouth Real Estate Investment Shiller PE Ratio?

As of today (2024-04-26), Monmouth Real Estate Investment's current share price is $20.98. Monmouth Real Estate Investment's E10 for the quarter that ended in Dec. 2021 was $0.27. Monmouth Real Estate Investment's Shiller PE Ratio for today is 77.70.

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

MNR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.23   Med: 42.94   Max: 78.22
Current: 78.06

During the past years, Monmouth Real Estate Investment's highest Shiller PE Ratio was 78.22. The lowest was 19.23. And the median was 42.94.

MNR's Shiller PE Ratio is not ranked
in the REITs industry.
Industry Median: 11.375 vs MNR: 78.06

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.

Monmouth Real Estate Investment's adjusted earnings per share data for the three months ended in Dec. 2021 was $0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.27 for the trailing ten years ended in Dec. 2021.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monmouth Real Estate Investment Shiller PE Ratio Historical Data

The historical data trend for Monmouth Real Estate Investment'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.

Monmouth Real Estate Investment Shiller PE Ratio Chart

Monmouth Real Estate Investment Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.54 54.72 44.31 56.90 69.80

Monmouth Real Estate Investment Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 67.52 64.60 66.05 69.80 78.18

Competitive Comparison of Monmouth Real Estate Investment's Shiller PE Ratio

For the REIT - Industrial subindustry, Monmouth Real Estate Investment'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.


Monmouth Real Estate Investment's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Monmouth Real Estate Investment's Shiller PE Ratio falls into.



Monmouth Real Estate Investment 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.

Monmouth Real Estate Investment's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=20.98/0.27
=77.70

* 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.

Monmouth Real Estate Investment's E10 for the quarter that ended in Dec. 2021 is calculated as:

For example, Monmouth Real Estate Investment's adjusted earnings per share data for the three months ended in Dec. 2021 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=0.12/117.6295*117.6295
=0.120

Current CPI (Dec. 2021) = 117.6295.

Monmouth Real Estate Investment Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201203 0.180 96.783 0.219
201206 0.020 96.819 0.024
201209 0.017 97.633 0.020
201212 0.090 96.871 0.109
201303 0.130 98.209 0.156
201306 0.050 98.518 0.060
201309 0.030 98.790 0.036
201312 0.050 98.326 0.060
201403 0.050 99.695 0.059
201406 0.070 100.560 0.082
201409 0.060 100.428 0.070
201412 0.060 99.070 0.071
201503 0.040 99.621 0.047
201506 0.050 100.684 0.058
201509 0.140 100.392 0.164
201512 0.080 99.792 0.094
201603 0.080 100.470 0.094
201606 0.090 101.688 0.104
201609 0.060 101.861 0.069
201612 0.090 101.863 0.104
201703 0.070 102.862 0.080
201706 0.070 103.349 0.080
201709 0.090 104.136 0.102
201712 0.170 104.011 0.192
201803 0.100 105.290 0.112
201806 0.130 106.317 0.144
201809 0.100 106.507 0.110
201812 -0.360 105.998 -0.400
201903 0.260 107.251 0.285
201906 -0.030 108.070 -0.033
201909 0.240 108.329 0.261
201912 0.040 108.420 0.043
202003 -0.770 108.902 -0.832
202006 0.270 108.767 0.292
202009 -0.040 109.815 -0.043
202012 0.260 109.897 0.278
202103 0.260 111.754 0.274
202106 0.170 114.631 0.174
202109 -0.250 115.734 -0.254
202112 0.120 117.630 0.120

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.


Monmouth Real Estate Investment  (NYSE:MNR) 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.


Monmouth Real Estate Investment Shiller PE Ratio Related Terms

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


Monmouth Real Estate Investment (Monmouth Real Estate Investment) Business Description

Traded in Other Exchanges
N/A
Address
101 Crawfords Corner Road, Suite 1405, Holmdel, NJ, USA, 07733
Monmouth Real Estate Investment Corp is engaged in the ownership and management of industrial buildings subject to long-term net leases, mainly to investment grade tenants. The company's primary business is the ownership of real estate. Its investment focus is to own well-located, modern, single tenant, industrial buildings, leased primarily to investment-grade tenants.
Executives
Katie Traks officer: Controller 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Michael P Landy director, officer: President and CEO 3499 ROUTE 9 N STE 3-C, FREEHOLD NJ 07728
Kevin S. Miller director, officer: Chief Financial Officer 65 SANDPIPER DRIVE MANALAPAN NJ 07726
Samuel A Landy director 3499 ROUTE 9 NORTH, STE 3C, FREEDHOLD NJ 07728
Matthew I Hirsch director 3499 ROUTE 9 NORTH, STE 3C, FREEDHOLD NJ 07728
Eugene W Landy director, officer: Chairman of the Board 3499 ROUTE 9 NORTH SUITE 3C, FREEHOLD NJ 07728
Neal Herstik director 3499 ROUTE 9 NORTH STE 3C FREEDHOLD NJ 07728
Daniel D Cronheim director 3499 ROUTE 9 NORTH STE 3C FREEDHOLD NJ 07728
Scott L Robinson director 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Catherine B. Elflein director 3499 ROUTE 9 NORTH SUITE 3C FREEHOLD NJ 07728
Brian Haimm director 3499 ROUTE 9 NORTH SUITE 3C FREEHOLD NJ 07728
Gregory Thomas Otto director 3499 ROUTE 9 NORTH SUITE 3D FREEHOLD NJ 07728
Kiernan Conway director 3499 RT. 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Sonal Pande director 101 CRAWFORDS CORNER ROAD SUITE 1405 HOLMDEL NJ 07733
Michael D Prashad officer: General Counsel 101 CRAWFORDS CORNER ROAD HOLMDEL NJ 07733