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Morguard (Morguard) Shiller PE Ratio : 7.50 (As of Apr. 30, 2024)


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What is Morguard Shiller PE Ratio?

As of today (2024-04-30), Morguard's current share price is $82.36. Morguard's E10 for the quarter that ended in Dec. 2023 was $10.98. Morguard's Shiller PE Ratio for today is 7.50.

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

MRCBF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.63   Med: 9.88   Max: 13.99
Current: 6.99

During the past years, Morguard's highest Shiller PE Ratio was 13.99. The lowest was 4.63. And the median was 9.88.

MRCBF's Shiller PE Ratio is ranked better than
67.37% of 1085 companies
in the Real Estate industry
Industry Median: 10.94 vs MRCBF: 6.99

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.

Morguard's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.939. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $10.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Morguard Shiller PE Ratio Historical Data

The historical data trend for Morguard'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.

Morguard Shiller PE Ratio Chart

Morguard 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 9.65 6.28 7.24 6.47 6.71

Morguard 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 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 6.47 6.35 5.96 6.11 6.71

Competitive Comparison of Morguard's Shiller PE Ratio

For the Real Estate - Diversified subindustry, Morguard'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.


Morguard's Shiller PE Ratio Distribution in the Real Estate Industry

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

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



Morguard 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.

Morguard's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=82.36/10.98
=7.50

* 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.

Morguard's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Morguard'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)
=0.939/125.4675*125.4675
=0.939

Current CPI (Dec. 2023) = 125.4675.

Morguard Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.909 98.604 2.429
201406 2.373 99.473 2.993
201409 4.450 99.394 5.617
201412 1.179 98.367 1.504
201503 -0.396 99.789 -0.498
201506 2.556 100.500 3.191
201509 2.224 100.421 2.779
201512 0.729 99.947 0.915
201603 -0.446 101.054 -0.554
201606 5.313 102.002 6.535
201609 4.051 101.765 4.995
201612 2.174 101.449 2.689
201703 0.986 102.634 1.205
201706 9.568 103.029 11.652
201709 1.898 103.345 2.304
201712 7.620 103.345 9.251
201803 7.809 105.004 9.331
201806 5.044 105.557 5.995
201809 3.153 105.636 3.745
201812 5.307 105.399 6.317
201903 2.221 106.979 2.605
201906 4.643 107.690 5.409
201909 -0.076 107.611 -0.089
201912 5.718 107.769 6.657
202003 2.128 107.927 2.474
202006 -4.287 108.401 -4.962
202009 -0.317 108.164 -0.368
202012 -4.349 108.559 -5.026
202103 1.090 110.298 1.240
202106 1.211 111.720 1.360
202109 7.300 112.905 8.112
202112 8.125 113.774 8.960
202203 14.676 117.646 15.652
202206 16.370 120.806 17.002
202209 4.513 120.648 4.693
202212 -25.396 120.964 -26.342
202303 -2.302 122.702 -2.354
202306 6.164 124.203 6.227
202309 0.377 125.230 0.378
202312 0.939 125.468 0.939

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.


Morguard  (OTCPK:MRCBF) 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.


Morguard Shiller PE Ratio Related Terms

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Morguard (Morguard) Business Description

Traded in Other Exchanges
Address
55 City Centre Drive, Suite 1000, Legal Department, Mississauga, ON, CAN, L5B 1M3
Morguard Corp is a real estate company that acquires, owns, and develops properties in Canada and the United States. The company operates through three business divisions: investments in real property, ownership in real estate investment trusts (including Morguard REIT and Morguard North American Residential REIT), and real estate advisory services and portfolio management. This advisory segment focuses on publicly traded equities and fixed-income securities for institutional clients and private investors. Morguard owns a portfolio of residential, retail, office, industrial, and hotel properties. The company also offers real estate management services and property investment advisory services.

Morguard (Morguard) Headlines

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