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NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND) Shiller PE Ratio : 10.90 (As of Apr. 26, 2024)


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What is NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Shiller PE Ratio?

As of today (2024-04-26), NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's current share price is $3.16. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's E10 for the fiscal year that ended in Oct22 was $0.29. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Shiller PE Ratio for today is 10.90.

The historical rank and industry rank for NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Shiller PE Ratio or its related term are showing as below:

NRO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.8   Med: 9.86   Max: 14.22
Current: 10.9

During the past 13 years, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's highest Shiller PE Ratio was 14.22. The lowest was 3.80. And the median was 9.86.

NRO's Shiller PE Ratio is ranked better than
63.98% of 758 companies
in the Asset Management industry
Industry Median: 12.595 vs NRO: 10.90

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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's adjusted earnings per share data of for the fiscal year that ended in Oct22 was $-1.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.29 for the trailing ten years ended in Oct22.

Shiller PE for Stocks: The True Measure of Stock Valuation


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Shiller PE Ratio Historical Data

The historical data trend for NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND'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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Shiller PE Ratio Chart

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.96 10.03 9.54 11.67

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 - 9.54 - 11.67 -

Competitive Comparison of NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Shiller PE Ratio

For the Asset Management subindustry, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND'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.


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Shiller PE Ratio falls into.



NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND 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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.16/0.29
=10.90

* 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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's E10 for the fiscal year that ended in Oct22 is calculated as:

For example, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's adjusted earnings per share data for the fiscal year that ended in Oct22 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Oct22 (Change)*Current CPI (Oct22)
=-1.48/125.7344*125.7344
=-1.480

Current CPI (Oct22) = 125.7344.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201310 0.510 98.536 0.651
201410 0.890 100.176 1.117
201510 0.010 100.346 0.013
201610 0.610 101.988 0.752
201710 0.330 104.070 0.399
201810 -0.200 106.695 -0.236
201910 1.300 108.577 1.505
202010 -1.510 109.861 -1.728
202110 1.750 116.696 1.886
202210 -1.480 125.734 -1.480

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.


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND  (AMEX:NRO) 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.


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Shiller PE Ratio Related Terms

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NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND) Business Description

Traded in Other Exchanges
N/A
Address
c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND INC is a closed-end management investment company that invests mainly in securities issued by real estate companies, including real estate investment trusts (REITs). Its primary objective is to gain high current income with capital appreciation being the second. The fund invests in sectors, such as apartments, Data Centers, Infrastructure REITs, Manufactured Homes, Office, Regional Malls and others.
Executives
Franklyn E. Smith director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Ami Kaplan director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Faith Colish director C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVE, NEW YORK NY 10158-0180
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Steven Samuels 10 percent owner 72 COLEYTOWN ROAD, WESTPORT CT 06882
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Andrew Dakos 10 percent owner 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
James G. Stavridis director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Deborah C. Mclean director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Marc Gary director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-3698
Brian Patrick Kerrane officer: Chief Operating Officer C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158
Michael J. Cosgrove director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter P Trapp director C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVENUE 2ND FLOOR, NEW YORK NY 10158-0180
Jack L Rivkin director 1200 PROSPECT STREET, SUITE 400, LA JOLLA CA 92037
Sun Life Financial Inc 10 percent owner SUN LIFE ASSURANCE CO OF CANADA, ONE YORK STREET, TORONTO A6 M5J 0B6