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CubeSmart Shiller PE Ratio

: 66.81 (As of Today)
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As of today (2022-08-20), CubeSmart's current share price is $50.11. CubeSmart's E10 for the quarter that ended in Jun. 2022 was $0.75. CubeSmart's Shiller PE Ratio for today is 66.81.

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

CUBE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 48.55   Med: 97   Max: 1043
Current: 66.23

During the past years, CubeSmart's highest Shiller PE Ratio was 1043.00. The lowest was 48.55. And the median was 97.00.

CUBE's Shiller PE Ratio is ranked worse than
93.81% of 420 companies
in the REITs industry
Industry Median: 12.90 vs CUBE: 66.23

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.

CubeSmart's adjusted earnings per share data for the three months ended in Jun. 2022 was $0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.75 for the trailing ten years ended in Jun. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


CubeSmart Shiller PE Ratio Historical Data

The historical data trend for CubeSmart'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.

CubeSmart Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 138.25 94.98 77.09 64.90 86.27

CubeSmart Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 80.88 78.84 86.27 73.96 56.88

Competitive Comparison

For the REIT - Industrial subindustry, CubeSmart'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.

   

CubeSmart Shiller PE Ratio Distribution

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

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



CubeSmart 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.

CubeSmart's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=50.11/0.75
=66.81

* 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.

CubeSmart's E10 for the quarter that ended in Jun. 2022 is calculated as:

For example, CubeSmart's adjusted earnings per share data for the three months ended in Jun. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=0.26/125.0168*125.0168
=0.260

Current CPI (Jun. 2022) = 125.0168.

CubeSmart Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201209 0.000 97.633 0.000
201212 0.000 96.871 0.000
201303 -0.010 98.209 -0.013
201306 0.010 98.518 0.013
201309 0.110 98.790 0.139
201312 0.160 98.326 0.203
201403 0.020 99.695 0.025
201406 0.040 100.560 0.050
201409 0.050 100.428 0.062
201412 0.030 99.070 0.038
201503 0.040 99.621 0.050
201506 0.070 100.684 0.087
201509 0.100 100.392 0.125
201512 0.200 99.792 0.251
201603 0.080 100.470 0.100
201606 0.110 101.688 0.135
201609 0.130 101.861 0.160
201612 0.130 101.863 0.160
201703 0.140 102.862 0.170
201706 0.180 103.349 0.218
201709 0.210 104.136 0.252
201712 0.220 104.011 0.264
201803 0.190 105.290 0.226
201806 0.210 106.317 0.247
201809 0.230 106.507 0.270
201812 0.250 105.998 0.295
201903 0.190 107.251 0.221
201906 0.260 108.070 0.301
201909 0.220 108.329 0.254
201912 0.210 108.420 0.242
202003 0.200 108.902 0.230
202006 0.200 108.767 0.230
202009 0.240 109.815 0.273
202012 0.210 109.897 0.239
202103 0.210 111.754 0.235
202106 0.240 114.631 0.262
202109 0.430 115.734 0.464
202112 0.210 117.630 0.223
202203 0.170 121.301 0.175
202206 0.260 125.017 0.260

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.


CubeSmart  (NYSE:CUBE) 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.


CubeSmart Shiller PE Ratio Related Terms

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


CubeSmart Business Description

CubeSmart logo
Traded in Other Exchanges
Address
5 Old Lancaster Road, Malvern, PA, USA, 19355
CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Most of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. CubeSmart derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.
Executives
Lynch Jair K director 5 OLD LANCASTER RD MALVERN PA 19355
Keaton Joel D officer: Sr VP of Operations 5 OLD LANCASTER ROAD MALVERN PA 19355
Dowling Dororthy director 5 OLD LANCASTER ROAD MALVERN PA 19355
Perry Jonathan L officer: SVP and CIO 5 OLD LANCASTER ROAD MALVERN PA 19355
Ratnersalzberg Deborah director 301 WATER ST SE SUITE 201 WASHINGTON DC 20003
Fain John W director 1000 SEMMES AVE RICHMOND VA 23224
Rogatz Jeffrey F director
Blatz Robert G officer: SR VP of Operations 29399 US HWY STE 320 CLEARWATER FL 33761
Bussani Piero director 460 EAST SWEDESFORD ROAD SUITE 3000 WAYNE PA 19087
Remondi John F director 300 CONTINENTAL DRIVE NEWARK DE 19713
Foster Jeffrey P officer: Sr. VP - Chief Legal Officer 460 EAST SWEDESFORD ROAD SUITE 3000 WAYNE PA 19087
Amsdell & Amsdell other: Member of 13d group owning 10% 20445 EMERALD PARKWAY DRIVE SW SUITE 220 CLEVELAND OH 44135
Amsdell Holdings I Inc. other: Member of 13d group owning 10% 20445 EMERALD PARKWAY DRIVE SW SUITE 220 CLEVELAND OH 44135
Amsdell Real Estate Trust Dated 10/3/89 other: Member of 13d group owning 10% 20445 EMERALD PARKWAY DRIVE SW SUITE 220 CLEVELAND OH 44135
Andrews Charles Elliott director C/O H&R BLOCK ONE H&R BLOCK WAY KANSAS CITY MO 64105

CubeSmart Headlines

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