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Kimco Realty (BSP:K1IM34) Shiller PE Ratio : 14.20 (As of Apr. 26, 2024)


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What is Kimco Realty Shiller PE Ratio?

As of today (2024-04-26), Kimco Realty's current share price is R$93.15. Kimco Realty's E10 for the quarter that ended in Dec. 2023 was R$6.56. Kimco Realty's Shiller PE Ratio for today is 14.20.

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

BSP:K1IM34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.25   Med: 23.34   Max: 36.48
Current: 13.43

During the past years, Kimco Realty's highest Shiller PE Ratio was 36.48. The lowest was 9.25. And the median was 23.34.

BSP:K1IM34's Shiller PE Ratio is ranked worse than
57.75% of 445 companies
in the REITs industry
Industry Median: 11.36 vs BSP:K1IM34: 13.43

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.

Kimco Realty's adjusted earnings per share data for the three months ended in Dec. 2023 was R$1.078. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$6.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kimco Realty Shiller PE Ratio Historical Data

The historical data trend for Kimco Realty'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.

Kimco Realty Shiller PE Ratio Chart

Kimco Realty 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 25.08 14.46 19.88 16.52 15.54

Kimco Realty 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 16.52 14.65 14.59 12.85 15.54

Competitive Comparison of Kimco Realty's Shiller PE Ratio

For the REIT - Retail subindustry, Kimco Realty'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.


Kimco Realty's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Kimco Realty's Shiller PE Ratio falls into.



Kimco Realty 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.

Kimco Realty's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=93.15/6.56
=14.20

* 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.

Kimco Realty's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Kimco Realty'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)
=1.078/129.4194*129.4194
=1.078

Current CPI (Dec. 2023) = 129.4194.

Kimco Realty Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.419 99.695 0.544
201406 0.402 100.560 0.517
201409 1.029 100.428 1.326
201412 0.238 99.070 0.311
201503 2.230 99.621 2.897
201506 0.840 100.684 1.080
201509 0.585 100.392 0.754
201512 3.376 99.792 4.378
201603 1.146 100.470 1.476
201606 1.575 101.688 2.005
201609 -0.423 101.861 -0.537
201612 0.537 101.863 0.682
201703 0.469 102.862 0.590
201706 1.022 103.349 1.280
201709 0.752 104.136 0.935
201712 0.560 104.011 0.697
201803 0.984 105.290 1.210
201806 1.358 106.317 1.653
201809 0.781 106.507 0.949
201812 0.660 105.998 0.806
201903 0.922 107.251 1.113
201906 0.771 108.070 0.923
201909 0.577 108.329 0.689
201912 0.903 108.420 1.078
202003 0.928 108.902 1.103
202006 8.872 108.767 10.557
202009 -0.540 109.815 -0.636
202012 2.315 109.897 2.726
202103 1.691 111.754 1.958
202106 1.257 114.631 1.419
202109 4.804 115.734 5.372
202112 0.735 117.630 0.809
202203 1.841 121.301 1.964
202206 -1.060 125.017 -1.097
202209 0.419 125.227 0.433
202212 -0.472 125.222 -0.488
202303 2.396 127.348 2.435
202306 0.777 128.729 0.781
202309 0.889 129.860 0.886
202312 1.078 129.419 1.078

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.


Kimco Realty  (BSP:K1IM34) 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.


Kimco Realty Shiller PE Ratio Related Terms

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Kimco Realty (BSP:K1IM34) Business Description

Traded in Other Exchanges
Address
500 North Broadway, Suite 201, Jericho, NY, USA, 11753
One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 5,282 shopping centers throughout major markets in the U.S., representing roughly 77 million square feet.

Kimco Realty (BSP:K1IM34) Headlines

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