InterRent Real Estate Investment Trust (InterRent Real Estate Investment Trust) Shiller PE Ratio : 7.06 (As of May. 06, 2024)

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What is InterRent Real Estate Investment Trust Shiller PE Ratio?

As of today (2024-05-06), InterRent Real Estate Investment Trust's current share price is $8.68. InterRent Real Estate Investment Trust's E10 for the quarter that ended in Dec. 2023 was $1.23. InterRent Real Estate Investment Trust's Shiller PE Ratio for today is 7.06.

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

IIPZF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.33 Med: 11.85 Max: 29
Current: 7.37

During the past years, InterRent Real Estate Investment Trust's highest Shiller PE Ratio was 29.00. The lowest was 6.33. And the median was 11.85.

IIPZF's Shiller PE Ratio is ranked better than
74.27% of 447 companies
in the REITs industry
Industry Median: 11.52 vs IIPZF: 7.37

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.

InterRent Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation

InterRent Real Estate Investment Trust Shiller PE Ratio Historical Data

The historical data trend for InterRent 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.

InterRent Real Estate Investment Trust Shiller PE Ratio Chart

InterRent Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Shiller PE Ratio

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10.88

9.62

10.55

8.07

8.06

InterRent 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															8.07	8.12	7.68	7.65	8.06

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

For the REIT - Residential subindustry, InterRent 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.

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

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

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

InterRent 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.

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

Shiller PE Ratio	=	Share Price	/	E10
	=	8.68	/	1.23
	=	7.06

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

For example, InterRent 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)
	=	0.14	/	125.4675	*	125.4675
	=	0.140

Current CPI (Dec. 2023) = 125.4675.

InterRent Real Estate Investment Trust Quarterly Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
201403	0.054	98.604	0.069
201406	0.075	99.473	0.095
201409	0.164	99.394	0.207
201412	0.082	98.367	0.105
201503	0.035	99.789	0.044
201506	0.111	100.500	0.139
201509	0.271	100.421	0.339
201512	0.119	99.947	0.149
201603	0.036	101.054	0.045
201606	0.062	102.002	0.076
201609	0.126	101.765	0.155
201612	0.183	101.449	0.226
201703	0.075	102.634	0.092
201706	0.356	103.029	0.434
201709	1.080	103.345	1.311
201712	0.395	103.345	0.480
201803	-0.098	105.004	-0.117
201806	0.455	105.557	0.541
201809	0.590	105.636	0.701
201812	0.296	105.399	0.352
201903	0.096	106.979	0.113
201906	0.260	107.690	0.303
201909	0.433	107.611	0.505
201912	1.656	107.769	1.928
202003	0.223	107.927	0.259
202006	0.122	108.401	0.141
202009	0.178	108.164	0.206
202012	0.324	108.559	0.374
202103	0.600	110.298	0.683
202106	0.359	111.720	0.403
202109	0.591	112.905	0.657
202112	0.554	113.774	0.611
202203	0.532	117.646	0.567
202206	0.431	120.806	0.448
202209	0.173	120.648	0.180
202212	-0.524	120.964	-0.544
202303	0.425	122.702	0.435
202306	0.192	124.203	0.194
202309	-0.280	125.230	-0.281
202312	0.140	125.468	0.140

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.

InterRent Real Estate Investment Trust (OTCPK:IIPZF) 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.

InterRent Real Estate Investment Trust Shiller PE Ratio Related Terms

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

Industry

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

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IIP.UN:Canada

Address

485 Bank Street, Suite 207, Ottawa, ON, CAN, K2P 1Z2

Website

https://www.interrentreit.com

InterRent Real Estate Investment Trust is an open-ended real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties. The company operations are carried out throughout the region of Canada. It derives revenue from investment properties which includes rents from tenants under leases, parking, laundry and other ancillary services.