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Merlin Properties SOCIMI (Merlin Properties SOCIMI) Shiller PE Ratio : 8.73 (As of Apr. 26, 2024)


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What is Merlin Properties SOCIMI Shiller PE Ratio?

As of today (2024-04-26), Merlin Properties SOCIMI's current share price is $11.00. Merlin Properties SOCIMI's E10 for the quarter that ended in Dec. 2023 was $1.26. Merlin Properties SOCIMI's Shiller PE Ratio for today is 8.73.

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

MRPRF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.69   Med: 8.44   Max: 9.57
Current: 9.57

During the past years, Merlin Properties SOCIMI's highest Shiller PE Ratio was 9.57. The lowest was 6.69. And the median was 8.44.

MRPRF's Shiller PE Ratio is ranked better than
60.67% of 445 companies
in the REITs industry
Industry Median: 11.36 vs MRPRF: 9.57

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.

Merlin Properties SOCIMI's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.229. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Merlin Properties SOCIMI Shiller PE Ratio Historical Data

The historical data trend for Merlin Properties SOCIMI'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.

Merlin Properties SOCIMI Shiller PE Ratio Chart

Merlin Properties SOCIMI 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 - - - - 9.21

Merlin Properties SOCIMI 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 - - - 6.98 9.21

Competitive Comparison of Merlin Properties SOCIMI's Shiller PE Ratio

For the REIT - Office subindustry, Merlin Properties SOCIMI'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.


Merlin Properties SOCIMI's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Merlin Properties SOCIMI's Shiller PE Ratio falls into.



Merlin Properties SOCIMI 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.

Merlin Properties SOCIMI's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.00/1.26
=8.73

* 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.

Merlin Properties SOCIMI's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Merlin Properties SOCIMI'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)
=-0.229/121.2698*121.2698
=-0.229

Current CPI (Dec. 2023) = 121.2698.

Merlin Properties SOCIMI Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.047 100.139 0.057
201406 0.000 101.081 0.000
201409 0.256 100.441 0.309
201412 0.173 100.251 0.209
201503 0.162 99.474 0.197
201506 0.510 101.138 0.612
201509 -0.868 99.559 -1.057
201512 0.605 100.268 0.732
201603 0.156 98.638 0.192
201606 0.573 100.333 0.693
201609 0.152 99.737 0.185
201612 0.736 101.842 0.876
201703 0.150 100.896 0.180
201706 0.854 101.848 1.017
201709 0.131 101.524 0.156
201712 1.582 102.975 1.863
201803 0.296 102.122 0.352
201806 0.911 104.165 1.061
201809 0.058 103.818 0.068
201812 0.859 104.193 1.000
201903 0.147 103.488 0.172
201906 0.486 104.612 0.563
201909 0.121 103.905 0.141
201912 0.592 105.015 0.684
202003 0.088 103.469 0.103
202006 0.078 104.254 0.091
202009 0.103 103.521 0.121
202012 -0.146 104.456 -0.170
202103 0.143 104.857 0.165
202106 0.347 107.102 0.393
202109 0.153 107.669 0.172
202112 0.624 111.298 0.680
202203 0.220 115.153 0.232
202206 0.899 118.044 0.924
202209 0.158 117.221 0.163
202212 -0.689 117.650 -0.710
202303 0.150 118.948 0.153
202306 -0.368 120.278 -0.371
202309 0.137 121.343 0.137
202312 -0.229 121.270 -0.229

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.


Merlin Properties SOCIMI  (OTCPK:MRPRF) 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.


Merlin Properties SOCIMI Shiller PE Ratio Related Terms

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Merlin Properties SOCIMI (Merlin Properties SOCIMI) Business Description

Traded in Other Exchanges
Address
Paseo de la Castellana 257, Madrid, ESP, 28046
Merlin Properties SOCIMI SA is a Spain-based company engaged in the operation of the real estate investment trust. The main activity of the company is the acquisition, active management, operation and selective rotation of quality commercial real estate assets in the "Core" and "Core-Plus" investment segments, mainly in Spain and, to a lesser extent, in Portugal. Its segments are based on the type of assets namely Office buildings, Net lease, Shopping centers, Logistics assets, and others. The company generates the maximum revenue from the Office buildings segment.

Merlin Properties SOCIMI (Merlin Properties SOCIMI) Headlines