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Kingston Properties (XJAM:KPREIT) Shiller PE Ratio : 9.89 (As of Jun. 09, 2024)


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What is Kingston Properties Shiller PE Ratio?

As of today (2024-06-09), Kingston Properties's current share price is JMD8.21. Kingston Properties's E10 for the quarter that ended in Mar. 2024 was JMD0.83. Kingston Properties's Shiller PE Ratio for today is 9.89.

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

XJAM:KPREIT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.11   Med: 8.9   Max: 10.62
Current: 9.87

During the past years, Kingston Properties's highest Shiller PE Ratio was 10.62. The lowest was 0.11. And the median was 8.90.

XJAM:KPREIT's Shiller PE Ratio is ranked better than
57.33% of 450 companies
in the REITs industry
Industry Median: 11.275 vs XJAM:KPREIT: 9.87

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.

Kingston Properties's adjusted earnings per share data for the three months ended in Mar. 2024 was JMD0.172. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is JMD0.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kingston Properties Shiller PE Ratio Historical Data

The historical data trend for Kingston Properties'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.

Kingston Properties Shiller PE Ratio Chart

Kingston Properties 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 - - - 0.16 9.69

Kingston Properties Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 0.16 9.96 9.87 9.69 9.62

Competitive Comparison of Kingston Properties's Shiller PE Ratio

For the REIT - Diversified subindustry, Kingston Properties'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.


Kingston Properties's Shiller PE Ratio Distribution in the REITs Industry

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

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



Kingston Properties 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.

Kingston Properties's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.21/0.83
=9.89

* 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.

Kingston Properties's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Kingston Properties'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)
=0.172/131.7762*131.7762
=0.172

Current CPI (Mar. 2024) = 131.7762.

Kingston Properties Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 1.116 98.326 1.496
201403 0.039 99.695 0.052
201406 -0.064 100.560 -0.084
201409 0.082 100.428 0.108
201412 -0.118 99.070 -0.157
201503 0.202 99.621 0.267
201506 -0.011 100.684 -0.014
201509 -0.055 100.392 -0.072
201512 1.257 99.792 1.660
201603 0.712 100.470 0.934
201606 0.102 101.688 0.132
201609 0.053 101.861 0.069
201612 -0.015 101.863 -0.019
201703 0.004 102.862 0.005
201706 0.073 103.349 0.093
201709 0.011 104.136 0.014
201712 0.218 104.011 0.276
201803 0.143 105.290 0.179
201806 0.096 106.317 0.119
201809 -0.087 106.507 -0.108
201812 0.088 105.998 0.109
201903 0.031 107.251 0.038
201906 0.031 108.070 0.038
201909 0.016 108.329 0.019
201912 0.472 108.420 0.574
202003 -0.047 108.902 -0.057
202006 -0.031 108.767 -0.038
202009 0.094 109.815 0.113
202012 0.125 109.897 0.150
202103 0.141 111.754 0.166
202106 0.063 114.631 0.072
202109 0.094 115.734 0.107
202112 0.386 117.630 0.432
202203 0.172 121.301 0.187
202209 0.063 125.227 0.066
202212 0.416 125.222 0.438
202303 0.141 127.348 0.146
202309 0.078 129.860 0.079
202312 0.545 129.419 0.555
202403 0.172 131.776 0.172

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.


Kingston Properties  (XJAM:KPREIT) 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.


Kingston Properties Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Kingston Properties's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Kingston Properties (XJAM:KPREIT) Business Description

Traded in Other Exchanges
N/A
Address
36-38 Red Hills Road, Building B, 1st Floor, Kingston, JAM, 10
Kingston Properties Ltd operates in the real estate business. The company invests in, owns, and manages real estate properties and operates in the United States, Jamaica, and Cayman Islands.

Kingston Properties (XJAM:KPREIT) Headlines

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