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Agree Realty (Agree Realty) Price-to-Owner-Earnings

: (As of Today)
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As of today (2024-04-18), Agree Realty's share price is $55.83. Agree Realty does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.


The historical rank and industry rank for Agree Realty's Price-to-Owner-Earnings or its related term are showing as below:

During the past 13 years, the highest Price-to-Owner-Earnings of Agree Realty was 79.62. The lowest was 38.63. And the median was 58.49.


ADC's Price-to-Owner-Earnings is not ranked *
in the REITs industry.
Industry Median: 14.59
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-04-18), Agree Realty's share price is $55.83. Agree Realty's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.71. Therefore, Agree Realty's PE Ratio for today is 32.65.

As of today (2024-04-18), Agree Realty's share price is $55.83. Agree Realty's EPS without NRI for the trailing twelve months (TTM) ended in was $1.76. Therefore, Agree Realty's PE Ratio without NRI for today is 31.65.

During the past 13 years, Agree Realty's highest PE Ratio without NRI was 47.99. The lowest was 17.24. And the median was 32.44.


Agree Realty Price-to-Owner-Earnings Historical Data

The historical data trend for Agree Realty's Price-to-Owner-Earnings 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.

Agree Realty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Agree Realty Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Owner-Earnings 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 - - - - -

Competitive Comparison

For the REIT - Retail subindustry, Agree Realty's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Agree Realty Price-to-Owner-Earnings Distribution

For the REITs industry and Real Estate sector, Agree Realty's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Agree Realty's Price-to-Owner-Earnings falls into.



Agree Realty Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Agree Realty's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=55.83/0.00
=

* 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.


Agree Realty  (NYSE:ADC) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Agree Realty Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Agree Realty's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Agree Realty (Agree Realty) Business Description

Traded in Other Exchanges
Address
70 East Long Lake Road, Bloomfield Hills, MI, USA, 48304
Agree Realty Corporation operates as a fully integrated real estate investment trust mainly focused on the ownership, acquisition, development and management of retail properties net leased to industry-leading tenants. The Company is mainly in the business of acquiring, developing and managing retail real estate. Some of its properties in the portfolio include Walmart, 7-Eleven, Wawa, Gerber Collision and others.
Executives
Richard Agree officer: Chief Executive Officer 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48334
John Jr Rakolta director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Greg Lehmkuhl director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Joey Agree officer: Chief Operating Officer 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48034
Craig Erlich officer: CHIEF OPERATING OFFICER 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304-2324
Peter Coughenour officer: CHIEF FINANCIAL OFFICER 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Stephen Breslin officer: Chief Accounting Officer 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
David A. Wolff officer: CHIEF ACCOUNTING OFFICER 70 E. LONG LAKE RD., BLOOMFIELD HILLS MI 48304-2324
Karen Dearing director 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Nicole Witteveen officer: EVP, PEOPLE & CULTURE 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Michael Judlowe director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Michael Hollman director 7930 JONES BRANCH DRIVE, SUITE 1124, MCLEAN VA 22102
Jerome R Rossi director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304-2324
Danielle M Spehar officer: GENERAL COUNSEL 70 E. LONG LAKE RD, BLOOMFIELD HILLS MI 48304
Merrie S. Frankel director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48034