Riocan Real Estate Investment Trust (Riocan Real Estate Investment Trust) Shiller PE Ratio : 10.19 (As of Apr. 26, 2024)

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What is Riocan Real Estate Investment Trust Shiller PE Ratio?

As of today (2024-04-26), Riocan Real Estate Investment Trust's current share price is $12.84. Riocan Real Estate Investment Trust's E10 for the quarter that ended in Dec. 2023 was $1.26. Riocan Real Estate Investment Trust's Shiller PE Ratio for today is 10.19.

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

RIOCF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.52 Med: 10.19 Max: 14.6
Current: 10.61

During the past years, Riocan Real Estate Investment Trust's highest Shiller PE Ratio was 14.60. The lowest was 4.52. And the median was 10.19.

RIOCF's Shiller PE Ratio is ranked better than
52.58% of 445 companies
in the REITs industry
Industry Median: 11.36 vs RIOCF: 10.61

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.

Riocan Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.291. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation

Riocan Real Estate Investment Trust Shiller PE Ratio Historical Data

The historical data trend for Riocan 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.

Riocan Real Estate Investment Trust Shiller PE Ratio Chart

Riocan Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Shiller PE Ratio

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8.83

7.21

10.26

11.26

11.18

Riocan Real Estate Investment Trust 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															11.26	10.87	10.29	9.97	11.18

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

For the REIT - Retail subindustry, Riocan 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.

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

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

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

Riocan 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.

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

Shiller PE Ratio	=	Share Price	/	E10
	=	12.84	/	1.26
	=	10.19

Riocan Real Estate Investment Trust's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Riocan Real Estate Investment 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)
	=	-0.291	/	125.4675	*	125.4675
	=	-0.291

Current CPI (Dec. 2023) = 125.4675.

Riocan Real Estate Investment Trust Quarterly Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
201403	0.495	98.604	0.630
201406	0.462	99.473	0.583
201409	0.463	99.394	0.584
201412	0.468	98.367	0.597
201503	0.214	99.789	0.269
201506	0.210	100.500	0.262
201509	0.332	100.421	0.415
201512	-0.416	99.947	-0.522
201603	0.325	101.054	0.404
201606	0.644	102.002	0.792
201609	0.572	101.765	0.705
201612	0.367	101.449	0.454
201703	0.373	102.634	0.456
201706	0.354	103.029	0.431
201709	0.456	103.345	0.554
201712	0.501	103.345	0.608
201803	0.332	105.004	0.397
201806	0.267	105.557	0.317
201809	0.315	105.636	0.374
201812	0.365	105.399	0.434
201903	0.479	106.979	0.562
201906	0.625	107.690	0.728
201909	0.438	107.611	0.511
201912	0.357	107.769	0.416
202003	0.229	107.927	0.266
202006	-0.812	108.401	-0.940
202009	0.280	108.164	0.325
202012	0.164	108.559	0.190
202103	0.271	110.298	0.308
202106	0.376	111.720	0.422
202109	0.339	112.905	0.377
202112	0.516	113.774	0.569
202203	0.411	117.646	0.438
202206	0.195	120.806	0.203
202209	0.007	120.648	0.007
202212	-0.015	120.964	-0.016
202303	0.285	122.702	0.291
202306	0.278	124.203	0.281
202309	-0.177	125.230	-0.177
202312	-0.291	125.468	-0.291

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.

Riocan Real Estate Investment Trust (OTCPK:RIOCF) 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.

Riocan Real Estate Investment Trust Shiller PE Ratio Related Terms

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

Industry

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

Comparable Companies

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R7G:Germany REI.UN:Canada

Address

2300 Yonge Street, Suite 500, P.O. Box 2386, RioCan Yonge Eglinton Centre, Toronto, ON, CAN, M4P 1E4

Website

https://www.riocan.com

Riocan Real Estate Investment Trust is a Canadian real estate investment trust which owns, develops, and operates Canada's portfolio of retail-focused, increasingly mixed-use properties. The REIT's property portfolio includes shopping centers and mixed-use developments, with most of its properties located in Ontario, Canada. Riocan's tenants consist of grocery stores, supermarkets, restaurants, cinemas, pharmacies, and corporates. By geography, the company operates in Canada, which generates the majority of total revenue, and in the United States.