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ARMOUR Residential REIT (ARMOUR Residential REIT) Shiller PE Ratio : (As of Apr. 25, 2024)


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What is ARMOUR Residential REIT Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ARMOUR Residential REIT Shiller PE Ratio Historical Data

The historical data trend for ARMOUR Residential 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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ARMOUR Residential REIT Shiller PE Ratio Chart

ARMOUR Residential REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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ARMOUR Residential REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of ARMOUR Residential REIT's Shiller PE Ratio

For the REIT - Mortgage subindustry, ARMOUR Residential 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.


ARMOUR Residential REIT's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where ARMOUR Residential REIT's Shiller PE Ratio falls into.



ARMOUR Residential 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.

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

For example, ARMOUR Residential REIT'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)
=1.96/129.4194*129.4194
=1.960

Current CPI (Dec. 2023) = 129.4194.

ARMOUR Residential REIT Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -2.800 99.695 -3.635
201406 -8.400 100.560 -10.811
201409 5.600 100.428 7.217
201412 -16.400 99.070 -21.424
201503 -14.800 99.621 -19.227
201506 22.000 100.684 28.279
201509 -25.900 100.392 -33.389
201512 12.950 99.792 16.795
201603 -38.650 100.470 -49.786
201606 2.350 101.688 2.991
201609 15.600 101.861 19.821
201612 12.250 101.863 15.564
201703 6.650 102.862 8.367
201706 3.500 103.349 4.383
201709 2.900 104.136 3.604
201712 8.000 104.011 9.954
201803 4.800 105.290 5.900
201806 1.100 106.317 1.339
201809 5.100 106.507 6.197
201812 -25.700 105.998 -31.379
201903 -11.050 107.251 -13.334
201906 -15.700 108.070 -18.802
201909 -5.450 108.329 -6.511
201912 9.300 108.420 11.101
202003 -34.750 108.902 -41.297
202006 3.850 108.767 4.581
202009 4.300 109.815 5.068
202012 6.500 109.897 7.655
202103 5.150 111.754 5.964
202106 -4.750 114.631 -5.363
202109 1.800 115.734 2.013
202112 -1.610 117.630 -1.771
202203 -3.600 121.301 -3.841
202206 -2.900 125.017 -3.002
202209 -5.980 125.227 -6.180
202212 2.550 125.222 2.635
202303 -0.950 127.348 -0.965
202306 1.000 128.729 1.005
202309 -3.920 129.860 -3.907
202312 1.960 129.419 1.960

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.


ARMOUR Residential REIT  (NYSE:ARR) 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.


ARMOUR Residential REIT Shiller PE Ratio Related Terms

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ARMOUR Residential REIT (ARMOUR Residential REIT) Business Description

Traded in Other Exchanges
Address
3001 Ocean Drive, Suite 201, Vero Beach, FL, USA, 32963
ARMOUR Residential REIT Inc is a real estate investment trust that invests in residential mortgage-backed securities or RMBS. These are issued or guaranteed by U.S.-government-sponsored enterprises, such as Fannie Mae, Freddie Mac, or Ginnie Mae. The company's investment portfolio is composed of mortgage-backed securities, adjustable-rate mortgage securities, and multifamily mortgage-backed securities. In terms of total fair value, most Armour's investments are long-term, fixed-rate agency RMBS. Multifamily RMBS also represents a substantial amount. Fannie Mae guarantees most of the company's holdings. Armour derives substantially all its revenue as interest income from its investments.
Executives
Daniel C Staton director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
James R Mountain officer: Chief Financial Officer ARMOUR RESIDENTIAL REIT, INC., 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Jeffrey J Zimmer director, officer: Co-CEO and President 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Scott Ulm director, officer: Co-CEO and CIO 3005 HAMMOCK WAY, VERO BEACH FL 32963
Robert C Hain director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
Hollihan John P Iii director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
Mark Gruber officer: Chief Operating Officer 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Z Jamie Behar director 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Marc H Bell director 6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487
Gordon Harper officer: VP Finance and Controller 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Carolyn Downey director 54 ROSEBROOK ROAD, NEW CANAAN CT 06840
Thomas K Guba director 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Staton Bell Blank Check Llc 10 percent owner 6800 BROKEN SOUND PARKWAY, BOCA RATON FL 33487
Richard Steiner other: Director of Enterprise [EST] 4044 ROSE HILL AVENUE, CINCINNATI OH 45229
Ezra Shashoua other: Officer of Enterprise [EST] 6800 BROKEN SOUND PARKWAY, BOCA RATON FL 33487