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PSP Swiss Property AG (XSWX:PSPN) Shiller PE Ratio : 17.02 (As of May. 04, 2024)


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What is PSP Swiss Property AG Shiller PE Ratio?

As of today (2024-05-04), PSP Swiss Property AG's current share price is CHF114.20. PSP Swiss Property AG's E10 for the quarter that ended in Dec. 2023 was CHF6.71. PSP Swiss Property AG's Shiller PE Ratio for today is 17.02.

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

XSWX:PSPN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.05   Med: 17.14   Max: 24.36
Current: 17.06

During the past years, PSP Swiss Property AG's highest Shiller PE Ratio was 24.36. The lowest was 13.05. And the median was 17.14.

XSWX:PSPN's Shiller PE Ratio is ranked worse than
68.98% of 1083 companies
in the Real Estate industry
Industry Median: 11 vs XSWX:PSPN: 17.06

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.

PSP Swiss Property AG's adjusted earnings per share data for the three months ended in Dec. 2023 was CHF1.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is CHF6.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PSP Swiss Property AG Shiller PE Ratio Historical Data

The historical data trend for PSP Swiss Property AG'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.

PSP Swiss Property AG Shiller PE Ratio Chart

PSP Swiss Property AG 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 21.16 18.95 16.96 16.04 17.52

PSP Swiss Property AG 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 16.04 15.14 14.93 16.04 17.52

Competitive Comparison of PSP Swiss Property AG's Shiller PE Ratio

For the Real Estate Services subindustry, PSP Swiss Property AG'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.


PSP Swiss Property AG's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where PSP Swiss Property AG's Shiller PE Ratio falls into.



PSP Swiss Property AG 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.

PSP Swiss Property AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=114.20/6.71
=17.02

* 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.

PSP Swiss Property AG's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, PSP Swiss Property AG'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)
=1.14/106.4611*106.4611
=1.140

Current CPI (Dec. 2023) = 106.4611.

PSP Swiss Property AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.960 101.224 1.010
201406 1.140 101.517 1.196
201409 0.940 101.247 0.988
201412 0.790 100.704 0.835
201503 0.830 100.339 0.881
201506 1.090 100.464 1.155
201509 0.960 99.785 1.024
201512 1.200 99.386 1.285
201603 1.020 99.475 1.092
201606 0.390 100.088 0.415
201609 0.820 99.604 0.876
201612 0.700 99.380 0.750
201703 0.870 100.040 0.926
201706 1.190 100.285 1.263
201709 1.540 100.254 1.635
201712 2.009 100.213 2.134
201803 0.880 100.836 0.929
201806 2.570 101.435 2.697
201809 1.350 101.246 1.420
201812 1.920 100.906 2.026
201903 1.740 101.571 1.824
201906 3.900 102.044 4.069
201909 1.150 101.396 1.207
201912 3.100 101.063 3.266
202003 1.040 101.048 1.096
202006 1.610 100.743 1.701
202009 1.270 100.585 1.344
202012 2.450 100.241 2.602
202103 1.940 100.800 2.049
202106 6.160 101.352 6.471
202109 1.300 101.533 1.363
202112 3.570 101.776 3.734
202203 1.700 103.205 1.754
202206 3.250 104.783 3.302
202209 1.240 104.835 1.259
202212 1.000 104.666 1.017
202303 1.240 106.245 1.243
202306 0.430 106.576 0.430
202309 1.710 106.570 1.708
202312 1.140 106.461 1.140

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.


PSP Swiss Property AG  (XSWX:PSPN) 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.


PSP Swiss Property AG Shiller PE Ratio Related Terms

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PSP Swiss Property AG (XSWX:PSPN) Business Description

Traded in Other Exchanges
Address
Kolinplatz 2, Zug, CHE, CH-6300
PSP Swiss Property AG is a general real estate company. The company reports three business units: real estate investments, property management, and holding. The vast majority of revenue is generated by rental income. All PSP property is located in Switzerland. The company considers merger and acquisition investment as a potential component of its operational growth strategy. The company's real estate investment segment invests exclusively in commercial properties, with leases primarily in office and retail property.

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