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Chimera Investment (Chimera Investment) Shiller PE Ratio : 2.51 (As of Apr. 24, 2024)


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What is Chimera Investment Shiller PE Ratio?

As of today (2024-04-24), Chimera Investment's current share price is $4.16. Chimera Investment's E10 for the quarter that ended in Dec. 2023 was $1.66. Chimera Investment's Shiller PE Ratio for today is 2.51.

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

CIM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.46   Med: 6.36   Max: 301.83
Current: 2.51

During the past years, Chimera Investment's highest Shiller PE Ratio was 301.83. The lowest was 2.46. And the median was 6.36.

CIM's Shiller PE Ratio is ranked better than
96.61% of 443 companies
in the REITs industry
Industry Median: 11.36 vs CIM: 2.51

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.

Chimera Investment's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chimera Investment Shiller PE Ratio Historical Data

The historical data trend for Chimera Investment'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.

Chimera Investment Shiller PE Ratio Chart

Chimera Investment 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 9.98 5.58 7.07 3.04 3.01

Chimera Investment 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 3.04 3.12 3.31 3.20 3.01

Competitive Comparison of Chimera Investment's Shiller PE Ratio

For the REIT - Mortgage subindustry, Chimera Investment'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.


Chimera Investment's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Chimera Investment's Shiller PE Ratio falls into.



Chimera Investment 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.

Chimera Investment's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.16/1.66
=2.51

* 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.

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

For example, Chimera Investment'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)
=0.06/129.4194*129.4194
=0.060

Current CPI (Dec. 2023) = 129.4194.

Chimera Investment Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.500 99.695 0.649
201406 0.510 100.560 0.656
201409 1.850 100.428 2.384
201412 0.020 99.070 0.026
201503 0.330 99.621 0.429
201506 0.570 100.684 0.733
201509 -0.240 100.392 -0.309
201512 0.580 99.792 0.752
201603 0.440 100.470 0.567
201606 0.390 101.688 0.496
201609 0.920 101.861 1.169
201612 1.160 101.863 1.474
201703 0.840 102.862 1.057
201706 0.560 103.349 0.701
201709 0.690 104.136 0.858
201712 0.520 104.011 0.647
201803 1.220 105.290 1.500
201806 0.580 106.317 0.706
201809 0.790 106.507 0.960
201812 -0.630 105.998 -0.769
201903 0.540 107.251 0.652
201906 0.210 108.070 0.251
201909 0.470 108.329 0.562
201912 0.590 108.420 0.704
202003 -2.080 108.902 -2.472
202006 -0.370 108.767 -0.440
202009 1.320 109.815 1.556
202012 0.620 109.897 0.730
202103 0.540 111.754 0.625
202106 0.600 114.631 0.677
202109 1.300 115.734 1.454
202112 -0.020 117.630 -0.022
202203 -1.190 121.301 -1.270
202206 -0.760 125.017 -0.787
202209 -0.880 125.227 -0.909
202212 0.330 125.222 0.341
202303 0.170 127.348 0.173
202306 0.080 128.729 0.080
202309 -0.070 129.860 -0.070
202312 0.060 129.419 0.060

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.


Chimera Investment  (NYSE:CIM) 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.


Chimera Investment Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Chimera Investment's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Chimera Investment (Chimera Investment) Business Description

Address
630 Fifth Avenue, Suite 2400, New York, NY, USA, 10111
Chimera Investment Corporation is a real estate investment trust engaged in investing in a portfolio of mortgage assets on a leveraged basis. These investments include a variety of government-sponsored agency residential mortgage-backed securities, or RMBS, non-agency RMBS, agency commercial mortgage-backed securities, residential mortgage loans, and other real estate-related securities. Agency mortgage-backed securities represent the largest share of this portfolio, while subprime residential mortgage loans and non-agency RMBS also make up substantial shares. A significant percentage of these securities are backed by properties in California. The company generates nearly all of its income from interest payments derived from its investments.
Executives
Miyun Sung officer: Chief Legal Officer 4-75 48TH AVENUE #705, LONG ISLAND CITY NY 11109
Sudhanshu Thakkar officer: Co-Chief Investment Officer 630 FIFTH AVENUE, SUITE 2400, NEW YORK NY 10111
Sandra Bell director C/O TIPTREE INC., 660 STEAMBOAT ROAD, 2ND FL, GREENWICH CT 06830
Subramaniam Viswanathan officer: Chief Financial Officer 103 HARDING AVE, EDISON NJ 08820
Kelley Kortman officer: Principal Accounting Officer 520 MADISON AVE, FL 32, NEW YORK NY 10022
Kevin Gerald Chavers director C/O CHIMERA INVESTMENT CORPORATION, 520 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Matthew Lambiase director, officer: Chief Exec. Officer and Pres. 1211 AVENUE OF THE AMERICAS, SUITE 2902, NEW YORK NY 10036
Kardis Phillip John Ii officer: Chief Legal Officer C/O CHIMERA INVESTMENT CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Choudhary Yarlagadda officer: Chief Operating Officer 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Robert S Colligan officer: CFO 1211 AVENUE OF THE AMERICAS, STE 2902, NEW YORK NY 10036
Brian Patrick Reilly director 520 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Paul Donlin director 1211 AVENUE OF THE AMERICAS, SUITE 2902, NEW YORK NY 10036
Gerard Creagh director C/O DUFF & PHELPS CORPORATION, 55 EAST 52ND STREET, NEW YORK NY 10055
Mohit Marria officer: Chief Investment Officer 1211 AVENUE OF THE AMERICAS, STE 2902, NEW YORK NY 10036
Debra Still director 520 MADISON AVE, 32ND FL, C/O CHIMERA INVESTMENT CORPORATION, NEW YORK NY 10022