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Vukile Property Fund (JSE:VKE) Shiller PE Ratio : 6.70 (As of May. 21, 2024)


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What is Vukile Property Fund Shiller PE Ratio?

As of today (2024-05-21), Vukile Property Fund's current share price is R15.34. Vukile Property Fund's E10 for the fiscal year that ended in Mar23 was R2.29. Vukile Property Fund's Shiller PE Ratio for today is 6.70.

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

JSE:VKE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.42   Med: 8.96   Max: 11.64
Current: 6.76

During the past 13 years, Vukile Property Fund's highest Shiller PE Ratio was 11.64. The lowest was 2.42. And the median was 8.96.

JSE:VKE's Shiller PE Ratio is ranked better than
80.04% of 446 companies
in the REITs industry
Industry Median: 11.48 vs JSE:VKE: 6.76

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.

Vukile Property Fund's adjusted earnings per share data of for the fiscal year that ended in Mar23 was R1.971. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R2.29 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vukile Property Fund Shiller PE Ratio Historical Data

The historical data trend for Vukile Property Fund'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.

Vukile Property Fund Shiller PE Ratio Chart

Vukile Property Fund Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.45 3.74 4.31 6.51 5.43

Vukile Property Fund Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 6.51 - 5.43 -

Competitive Comparison of Vukile Property Fund's Shiller PE Ratio

For the REIT - Retail subindustry, Vukile Property Fund'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.


Vukile Property Fund's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Vukile Property Fund's Shiller PE Ratio falls into.



Vukile Property Fund 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.

Vukile Property Fund's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=15.34/2.29
=6.70

* 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.

Vukile Property Fund's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Vukile Property Fund's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=1.971/147.5864*147.5864
=1.971

Current CPI (Mar23) = 147.5864.

Vukile Property Fund Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.744 94.723 1.159
201503 2.780 98.538 4.164
201603 2.496 104.969 3.509
201703 2.179 111.400 2.887
201803 3.207 115.542 4.096
201903 1.991 120.774 2.433
202003 -0.108 125.679 -0.127
202103 0.610 129.628 0.695
202203 1.991 137.594 2.136
202303 1.971 147.586 1.971

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.


Vukile Property Fund  (JSE:VKE) 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.


Vukile Property Fund Shiller PE Ratio Related Terms

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Vukile Property Fund (JSE:VKE) Business Description

Traded in Other Exchanges
Address
11 9th Street, 4th Floor, Houghton Estate, Johannesburg, GT, ZAF, 2198
Vukile Property Fund Ltd is a real estate company that owns property throughout South Africa. The company derives its revenue primarily from property leases. Retail properties, particularly shopping malls, represent more than half of Vukile's property portfolio. Offices, industrial buildings, and sovereign properties are also significant portfolio constituents. The majority of the company's tenants are large, listed national companies and major franchises, with the remainder comprising government and midsize to large professional firms.

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