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Firm Capital Apartment REIT (TSXV:FCA.UN) Shiller PE Ratio : (As of Jun. 05, 2024)


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What is Firm Capital Apartment REIT Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Firm Capital Apartment REIT Shiller PE Ratio Historical Data

The historical data trend for Firm Capital Apartment REIT'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.

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Firm Capital Apartment REIT Shiller PE Ratio Chart

Firm Capital Apartment REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Firm Capital Apartment REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Firm Capital Apartment REIT's Shiller PE Ratio

For the REIT - Residential subindustry, Firm Capital Apartment REIT'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.


Firm Capital Apartment REIT's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Firm Capital Apartment REIT's Shiller PE Ratio falls into.



Firm Capital Apartment REIT 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.

Firm Capital Apartment REIT's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Firm Capital Apartment REIT'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)
=-0.231/126.2576*126.2576
=-0.231

Current CPI (Mar. 2024) = 126.2576.

Firm Capital Apartment REIT Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.284 99.473 -0.360
201409 -0.577 99.394 -0.733
201412 -3.925 98.367 -5.038
201503 -0.330 99.789 -0.418
201506 -8.094 100.500 -10.168
201509 -0.695 100.421 -0.874
201512 -4.063 99.947 -5.133
201603 -1.733 101.054 -2.165
201606 -0.903 102.002 -1.118
201609 -0.996 101.765 -1.236
201612 -0.053 101.449 -0.066
201703 -0.067 102.634 -0.082
201706 0.027 103.029 0.033
201709 -0.086 103.345 -0.105
201712 0.409 103.345 0.500
201803 0.026 105.004 0.031
201806 0.236 105.557 0.282
201809 0.339 105.636 0.405
201812 0.456 105.399 0.546
201903 0.336 106.979 0.397
201906 0.263 107.690 0.308
201909 0.081 107.611 0.095
201912 0.667 107.769 0.781
202003 0.182 107.927 0.213
202006 0.226 108.401 0.263
202009 0.106 108.164 0.124
202012 0.410 108.559 0.477
202103 -0.480 110.298 -0.549
202106 0.120 111.720 0.136
202109 0.426 112.905 0.476
202112 0.586 113.774 0.650
202203 -0.057 117.646 -0.061
202206 -1.735 120.806 -1.813
202209 -0.252 120.648 -0.264
202212 -0.364 120.964 -0.380
202303 -0.882 122.702 -0.908
202306 -0.324 124.203 -0.329
202309 -0.264 125.230 -0.266
202312 -0.083 125.072 -0.084
202403 -0.231 126.258 -0.231

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.


Firm Capital Apartment REIT  (TSXV:FCA.UN) 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.


Firm Capital Apartment REIT Shiller PE Ratio Related Terms

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Firm Capital Apartment REIT (TSXV:FCA.UN) Business Description

Traded in Other Exchanges
Address
163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5
Firm Capital Apartment REIT is a multi-residential real estate investment entity that pursues real estate and debt investments through two platforms namely Income Producing Real Estate Investments that acquire income-producing real estate assets in cities across the United States, and Mortgage Debt Investments that provide multi-residential real estate debt and equity lending platform in cities across the United States focused on providing all forms of bridge mortgage loans and joint venture capital. The Trust has a portfolio in two geographical areas; the U.S. Sunbelt which includes properties in Texas, Florida and Georgia. This represents 67% of the Investment Portfolio. The U.S. Northeast includes properties in New York, New Jersey, Maryland, and Connecticut.

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