GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Land and Homes Group Ltd (ASX:LHM) » Definitions » Shiller PE Ratio

Land and Homes Group (ASX:LHM) Shiller PE Ratio : (As of Jun. 11, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Land and Homes Group Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Land and Homes Group Shiller PE Ratio Historical Data

The historical data trend for Land and Homes Group'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.

Land and Homes Group Shiller PE Ratio Chart

Land and Homes Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Land and Homes Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - - - -

Competitive Comparison of Land and Homes Group's Shiller PE Ratio

For the Real Estate - Development subindustry, Land and Homes Group'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.


Land and Homes Group's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Land and Homes Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Land and Homes Group's Shiller PE Ratio falls into.



Land and Homes Group 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.

Land and Homes Group's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Land and Homes Group's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.001/124.1700*124.1700
=-0.001

Current CPI (Jun23) = 124.1700.

Land and Homes Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.029 98.352 -0.037
201506 -0.003 99.838 -0.004
201606 -0.002 100.859 -0.002
201706 0.000 102.809 0.000
201806 -0.003 104.945 -0.004
201906 -0.003 106.617 -0.003
202006 -0.002 106.246 -0.002
202106 -0.004 110.332 -0.005
202206 -0.002 117.112 -0.002
202306 -0.001 124.170 -0.001

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.


Land and Homes Group  (ASX:LHM) 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.


Land and Homes Group Shiller PE Ratio Related Terms

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


Land and Homes Group (ASX:LHM) Business Description

Traded in Other Exchanges
N/A
Address
112 Barry Parade, Ground Floor, Fortitude Valley, QLD, AUS, 4006
Land and Homes Group Ltd is a property development company. The company is focused on the acquisition of prime sites for project development into residential, commercial and mixed-use apartments. It holds a diverse portfolio of high-yield properties and projects at various stages of development and construction. The company's operations have been established in Brisbane.

Land and Homes Group (ASX:LHM) Headlines

No Headlines