GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ventas Inc (BSP:V1TA34) » Definitions » Shiller PE Ratio

Ventas (BSP:V1TA34) Shiller PE Ratio : 34.56 (As of May. 11, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Ventas Shiller PE Ratio?

As of today (2024-05-11), Ventas's current share price is R$120.96. Ventas's E10 for the quarter that ended in Mar. 2024 was R$3.50. Ventas's Shiller PE Ratio for today is 34.56.

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

BSP:V1TA34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.85   Med: 31.8   Max: 44.28
Current: 33.19

During the past years, Ventas's highest Shiller PE Ratio was 44.28. The lowest was 11.85. And the median was 31.80.

BSP:V1TA34's Shiller PE Ratio is ranked worse than
86.49% of 444 companies
in the REITs industry
Industry Median: 11.51 vs BSP:V1TA34: 33.19

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.

Ventas's adjusted earnings per share data for the three months ended in Mar. 2024 was R$-0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$3.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ventas Shiller PE Ratio Historical Data

The historical data trend for Ventas'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.

Ventas Shiller PE Ratio Chart

Ventas 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 32.00 27.89 29.94 27.33 33.45

Ventas Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 26.58 29.12 26.88 33.45 30.38

Competitive Comparison of Ventas's Shiller PE Ratio

For the REIT - Healthcare Facilities subindustry, Ventas'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.


Ventas's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Ventas's Shiller PE Ratio falls into.



Ventas 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.

Ventas's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=120.96/3.5
=34.56

* 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.

Ventas's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Ventas's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.1/129.4194*129.4194
=-0.100

Current CPI (Mar. 2024) = 129.4194.

Ventas Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.525 100.560 0.676
201409 0.433 100.428 0.558
201412 0.476 99.070 0.622
201503 0.581 99.621 0.755
201506 0.700 100.684 0.900
201509 0.137 100.392 0.177
201512 0.718 99.792 0.931
201603 0.814 100.470 1.049
201606 0.719 101.688 0.915
201609 0.683 101.861 0.868
201612 0.973 101.863 1.236
201703 0.860 102.862 1.082
201706 0.692 103.349 0.867
201709 2.678 104.136 3.328
201712 1.796 104.011 2.235
201803 0.361 105.290 0.444
201806 0.867 106.317 1.055
201809 0.575 106.507 0.699
201812 0.330 105.998 0.403
201903 0.672 107.251 0.811
201906 1.118 108.070 1.339
201909 0.474 108.329 0.566
201912 0.062 108.420 0.074
202003 3.078 108.902 3.658
202006 -1.090 108.767 -1.297
202009 0.081 109.815 0.095
202012 0.746 109.897 0.879
202103 -0.423 111.754 -0.490
202106 0.578 114.631 0.653
202109 0.422 115.734 0.472
202112 -0.283 117.630 -0.311
202203 0.249 121.301 0.266
202206 -0.278 125.017 -0.288
202209 0.026 125.227 0.027
202212 -0.288 125.222 -0.298
202303 0.104 127.348 0.106
202306 0.631 128.729 0.634
202309 -0.444 129.860 -0.442
202312 -0.563 129.419 -0.563
202403 -0.100 129.419 -0.100

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.


Ventas  (BSP:V1TA34) 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.


Ventas Shiller PE Ratio Related Terms

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


Ventas (BSP:V1TA34) Business Description

Traded in Other Exchanges
Address
353 North Clark Street, Suite 3300, Chicago, IL, USA, 60654
Ventas owns a diversified healthcare portfolio of nearly 1,400 in-place properties spread across the senior housing, medical office, hospital, life science, and skilled nursing/post-acute care. The portfolio includes over 40 properties in Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to the United States. The firm also owns mortgages and other loans, contributing about 3% of net operating income.

Ventas (BSP:V1TA34) Headlines

No Headlines