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Real Estate Investors (LSE:RLE) Shiller PE Ratio : 11.33 (As of May. 16, 2024)


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What is Real Estate Investors Shiller PE Ratio?

As of today (2024-05-16), Real Estate Investors's current share price is £0.34. Real Estate Investors's E10 for the fiscal year that ended in Dec23 was £0.03. Real Estate Investors's Shiller PE Ratio for today is 11.33.

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

LSE:RLE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.88   Med: 26.38   Max: 56.5
Current: 10.83

During the past 13 years, Real Estate Investors's highest Shiller PE Ratio was 56.50. The lowest was 6.88. And the median was 26.38.

LSE:RLE's Shiller PE Ratio is ranked better than
53.26% of 445 companies
in the REITs industry
Industry Median: 11.58 vs LSE:RLE: 10.83

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.

Real Estate Investors's adjusted earnings per share data of for the fiscal year that ended in Dec23 was £-0.054. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.03 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Real Estate Investors Shiller PE Ratio Historical Data

The historical data trend for Real Estate Investors'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.

Real Estate Investors Shiller PE Ratio Chart

Real Estate Investors 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 38.61 23.82 11.95 6.88 9.64

Real Estate Investors 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 11.95 - 6.88 - 9.64

Competitive Comparison of Real Estate Investors's Shiller PE Ratio

For the REIT - Diversified subindustry, Real Estate Investors'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.


Real Estate Investors's Shiller PE Ratio Distribution in the REITs Industry

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

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



Real Estate Investors 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.

Real Estate Investors's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.34/0.03
=11.33

* 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.

Real Estate Investors's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Real Estate Investors's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.054/130.5000*130.5000
=-0.054

Current CPI (Dec23) = 130.5000.

Real Estate Investors Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.041 99.900 0.054
201512 0.074 100.400 0.096
201612 0.043 102.200 0.055
201712 0.059 105.000 0.073
201812 0.044 107.100 0.054
201912 0.019 108.500 0.023
202012 -0.115 109.400 -0.137
202112 0.076 114.700 0.086
202212 0.063 125.300 0.066
202312 -0.054 130.500 -0.054

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.


Real Estate Investors  (LSE:RLE) 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.


Real Estate Investors Shiller PE Ratio Related Terms

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Real Estate Investors (LSE:RLE) Business Description

Traded in Other Exchanges
Address
75-77 Colmore Row, 2nd Floor, Birmingham, GBR, B3 2AP
Real Estate Investors PLC operates as a real estate investment trust in the United Kingdom. The property investment firm has interests in commercial and residential properties throughout the country. Its portfolio is diversified by property type and tenant, with a mix of office, retail, and residential assets. The company invests in well located, real estate assets in the established and markets of central Birmingham and the Midlands. Its source of income is in the form of rents derived from retail, office and residential land and property, new lettings, rent reviews, lease renewals, refurbishment, change of use and planning gains. It has a range of occupiers from national and regional multiple retailers to government and corporate office occupiers.

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