Canadian Real Estate Investment Trust (Canadian Real Estate Investment Trust) Shiller PE Ratio : 21.89 (As of Apr. 26, 2024)

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What is Canadian Real Estate Investment Trust Shiller PE Ratio?

As of today (2024-04-26), Canadian Real Estate Investment Trust's current share price is $39.19. Canadian Real Estate Investment Trust's E10 for the quarter that ended in Dec. 2017 was $1.79. Canadian Real Estate Investment Trust's Shiller PE Ratio for today is 21.89.

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

CRXIF's Shiller PE Ratio is not ranked ^*
in the REITs industry.
Industry Median: 11.36
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

Canadian Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Dec. 2017 was $0.901. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.79 for the trailing ten years ended in Dec. 2017.

Shiller PE for Stocks: The True Measure of Stock Valuation

Canadian Real Estate Investment Trust Shiller PE Ratio Historical Data

The historical data trend for Canadian Real Estate Investment 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.

* Premium members only.

Canadian Real Estate Investment Trust Shiller PE Ratio Chart

Canadian Real Estate Investment Trust Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Shiller PE Ratio

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26.79

26.57

22.30

23.43

20.18

Canadian Real Estate Investment Trust Quarterly Data
	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17
Shiller PE Ratio	Get a 7-Day Free Trial															23.43	24.18	20.86	20.74	20.18

Competitive Comparison of Canadian Real Estate Investment Trust's Shiller PE Ratio

For the REIT - Diversified subindustry, Canadian Real Estate Investment 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.

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

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

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

Canadian Real Estate Investment 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.

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

Shiller PE Ratio	=	Share Price	/	E10
	=	39.19	/	1.79
	=	21.89

Canadian Real Estate Investment Trust's E10 for the quarter that ended in Dec. 2017 is calculated as:

For example, Canadian Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Dec. 2017 was:

Adj_EPS	=	Earnings per Share (Diluted)	/	CPI of Dec. 2017 (Change)	*	Current CPI (Dec. 2017)
	=	0.901	/	103.3447	*	103.3447
	=	0.901

Current CPI (Dec. 2017) = 103.3447.

Canadian Real Estate Investment Trust Quarterly Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
200803	0.299	88.965	0.347
200806	0.305	91.177	0.346
200809	0.293	91.414	0.331
200812	0.170	89.518	0.196
200903	0.372	90.071	0.427
200906	0.275	90.940	0.313
200909	0.425	90.624	0.485
200912	0.541	90.703	0.616
201003	-0.723	91.335	-0.818
201006	-6.717	91.809	-7.561
201009	0.145	92.362	0.162
201012	10.435	92.836	11.616
201103	0.205	94.338	0.225
201106	0.143	94.654	0.156
201109	0.170	95.286	0.184
201112	0.176	94.970	0.192
201203	0.332	96.155	0.357
201206	0.224	96.076	0.241
201209	0.256	96.392	0.274
201212	0.303	95.760	0.327
201303	0.283	97.103	0.301
201306	0.359	97.182	0.382
201309	0.280	97.419	0.297
201312	2.848	96.945	3.036
201403	0.756	98.604	0.792
201406	0.886	99.473	0.920
201409	0.436	99.394	0.453
201412	-0.251	98.367	-0.264
201503	0.610	99.789	0.632
201506	0.332	100.500	0.341
201509	0.241	100.421	0.248
201512	0.897	99.947	0.927
201603	0.590	101.054	0.603
201606	0.427	102.002	0.433
201609	0.198	101.765	0.201
201612	0.202	101.449	0.206
201703	0.500	102.634	0.503
201706	0.684	103.029	0.686
201709	0.480	103.345	0.480
201712	0.901	103.345	0.901

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.

Canadian Real Estate Investment Trust (OTCPK:CRXIF) 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.

Canadian Real Estate Investment Trust Shiller PE Ratio Related Terms

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Canadian Real Estate Investment Trust (Canadian Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Canadian Real Estate Investment Trust (OTCPK:CRXIF) » Definitions » Shiller PE Ratio

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.creit.ca

Canadian Real Estate Investment Trust, or CREIT, is a real estate investment trust with a portfolio of properties located throughout the provinces of Canada and the United States. CREIT segments its real estate holdings into Retail, Industrial, and Office assets. Most of the company's revenue is generated in the form of property rental income derived from its retail holdings. Office and industrial real estate assets also represent very substantial revenue streams for the company. CREIT's properties in Alberta and Ontario are responsible for the vast majority of the company's revenue in terms of geography and, together, encompass over half of all of CREIT's leasable square footage. The leases held by CREIT's tenants are primarily split between mid-term and long-term agreements.

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