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Rural Funds Group (ASX:RFF) Shiller PE Ratio : 7.50 (As of Apr. 28, 2024)


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What is Rural Funds Group Shiller PE Ratio?

As of today (2024-04-28), Rural Funds Group's current share price is A$1.95. Rural Funds Group's E10 for the fiscal year that ended in Jun23 was A$0.26. Rural Funds Group's Shiller PE Ratio for today is 7.50.

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

ASX:RFF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.79   Med: 7.73   Max: 8.54
Current: 7.5

During the past 10 years, Rural Funds Group's highest Shiller PE Ratio was 8.54. The lowest was 6.79. And the median was 7.73.

ASX:RFF's Shiller PE Ratio is ranked better than
73.09% of 446 companies
in the REITs industry
Industry Median: 11.37 vs ASX:RFF: 7.50

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.

Rural Funds Group's adjusted earnings per share data of for the fiscal year that ended in Jun23 was A$0.246. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$0.26 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rural Funds Group Shiller PE Ratio Historical Data

The historical data trend for Rural Funds Group'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.

Rural Funds Group Shiller PE Ratio Chart

Rural Funds Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 6.79

Rural Funds Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - - 6.79 -

Competitive Comparison of Rural Funds Group's Shiller PE Ratio

For the REIT - Specialty subindustry, Rural Funds Group'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.


Rural Funds Group's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Rural Funds Group's Shiller PE Ratio falls into.



Rural Funds Group 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.

Rural Funds Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.95/0.26
=7.50

* 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.

Rural Funds Group's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Rural Funds Group's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.246/124.1700*124.1700
=0.246

Current CPI (Jun23) = 124.1700.

Rural Funds Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.246 98.352 0.311
201506 0.079 99.838 0.098
201606 0.212 100.859 0.261
201706 0.208 102.809 0.251
201806 0.139 104.945 0.164
201906 0.102 106.617 0.119
202006 0.145 106.246 0.169
202106 0.351 110.332 0.395
202206 0.553 117.112 0.586
202306 0.246 124.170 0.246

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.


Rural Funds Group  (ASX:RFF) 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.


Rural Funds Group Shiller PE Ratio Related Terms

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Rural Funds Group (ASX:RFF) Business Description

Traded in Other Exchanges
Address
2 King Street, Level 2, Deakin, Canberra, ACT, AUS, 2600
Rural Funds Group is a real estate investment trust, which holds and leases agricultural property and equipment. The company's operating segment includes Almonds; Cattle; Vineyards; Cropping, Macadamias, and Other. It generates maximum revenue from the Almonds segment.

Rural Funds Group (ASX:RFF) Headlines

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