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American Assets Trust (American Assets Trust) Shiller PE Ratio : 28.21 (As of Apr. 30, 2024)


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What is American Assets Trust Shiller PE Ratio?

As of today (2024-04-30), American Assets Trust's current share price is $21.72. American Assets Trust's E10 for the quarter that ended in Dec. 2023 was $0.77. American Assets Trust's Shiller PE Ratio for today is 28.21.

The historical rank and industry rank for American Assets Trust's Shiller PE Ratio or its related term are showing as below:

AAT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23   Med: 46.23   Max: 81.89
Current: 28.21

During the past years, American Assets Trust's highest Shiller PE Ratio was 81.89. The lowest was 23.00. And the median was 46.23.

AAT's Shiller PE Ratio is ranked worse than
82.59% of 448 companies
in the REITs industry
Industry Median: 11.32 vs AAT: 28.21

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.

American Assets Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.77 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Assets Trust Shiller PE Ratio Historical Data

The historical data trend for American Assets 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.

American Assets Trust Shiller PE Ratio Chart

American Assets Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.35 46.20 53.01 37.27 29.26

American Assets 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 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 37.27 25.13 25.35 25.28 29.26

Competitive Comparison of American Assets Trust's Shiller PE Ratio

For the REIT - Diversified subindustry, American Assets 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.


American Assets Trust's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where American Assets Trust's Shiller PE Ratio falls into.



American Assets 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.

American Assets Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=21.72/0.77
=28.21

* 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.

American Assets Trust's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, American Assets 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)
=0.17/129.4194*129.4194
=0.170

Current CPI (Dec. 2023) = 129.4194.

American Assets Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.110 99.695 0.143
201406 0.090 100.560 0.116
201409 0.150 100.428 0.193
201412 0.160 99.070 0.209
201503 0.180 99.621 0.234
201506 0.200 100.684 0.257
201509 0.300 100.392 0.387
201512 0.180 99.792 0.233
201603 0.170 100.470 0.219
201606 0.170 101.688 0.216
201609 0.190 101.861 0.241
201612 0.190 101.863 0.241
201703 0.160 102.862 0.201
201706 0.120 103.349 0.150
201709 0.190 104.136 0.236
201712 0.150 104.011 0.187
201803 -0.010 105.290 -0.012
201806 0.070 106.317 0.085
201809 0.220 106.507 0.267
201812 0.140 105.998 0.171
201903 0.240 107.251 0.290
201906 0.180 108.070 0.216
201909 0.220 108.329 0.263
201912 0.220 108.420 0.263
202003 0.200 108.902 0.238
202006 0.130 108.767 0.155
202009 0.080 109.815 0.094
202012 0.050 109.897 0.059
202103 0.020 111.754 0.023
202106 0.150 114.631 0.169
202109 0.170 115.734 0.190
202112 0.140 117.630 0.154
202203 0.180 121.301 0.192
202206 0.180 125.017 0.186
202209 0.210 125.227 0.217
202212 0.160 125.222 0.165
202303 0.270 127.348 0.274
202306 0.200 128.729 0.201
202309 0.200 129.860 0.199
202312 0.170 129.419 0.170

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.


American Assets Trust  (NYSE:AAT) 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.


American Assets Trust Shiller PE Ratio Related Terms

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


American Assets Trust (American Assets Trust) Business Description

Traded in Other Exchanges
N/A
Address
3420 Carmel Mountain Road, Suite 100, San Diego, CA, USA, 92121
American Assets Trust Inc is a self-administered real estate investment trust based in the United States. The company invests in, operates, and develops retail, office, residential, and mixed-use properties. Properties are primarily located in South California, Northern California, Oregon, Washington, and Hawaii. American Assets operates through four segments based on property type: retail; office; mixed-use, which consists of retail and hotel components; and multifamily, which includes the company's apartment properties. The retail and office segments collectively contribute the majority of the total revenue.
Executives
Ernest S Rady director, 10 percent owner, officer: Executive Chairman 23 PASTEUR ROAD, C/O WESTCORP, IRVINE CA 92618
Nina A Tran director C/O AMB PROPERTY CORPORATION, PIER 1, BAY 1, SAN FRANCISCO CA 94111
Adam Wyll officer: Senior VP, Gen Counsel and Sec 11455 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
Robert F. Barton officer: Executive Vice President & CFO 11455 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
Joy L. Schaefer director 30699 RUSSELL RANCH ROAD, SUITE 295, WESTLAKE VILLAGE CA 91362
Duane Nelles director 23 PASTEUR ROAD, IRVINE CA 92618
Jerry Gammieri officer: V. P. Construction and Devlp 11455 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
Patrick Kinney officer: Senior VP of Real Estate Ops 11455 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
John W. Chamberlain director, officer: CEO and President 11455 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
American Assets Inc 10 percent owner 3430 CARMEL MOUNTAIN ROAD, SUITE 150, SAN DIEGO CA 92121
Alan D Gold director 17140 BERNARDO CENTER DRIVE, SUITE 195, SAN DIEGO CA 92128
Larry E Finger director 1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Thomas S Olinger director C/O AMB PROPERTY CORPORATION, PIER 1, BAY 1, SAN FRANCISCO CA 94111
Robert S Sullivan director P O BOX 1637, HOUSTON TX 77251
Lange Edward F Jr director 405 PARK AVENUE, NEW YORK NY 10022

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