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Hudson Pacific Properties (Hudson Pacific Properties) Shiller PE Ratio

: 289.50 (As of Today)
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As of today (2024-04-18), Hudson Pacific Properties's current share price is $5.79. Hudson Pacific Properties's E10 for the quarter that ended in Dec. 2023 was $0.02. Hudson Pacific Properties's Shiller PE Ratio for today is 289.50.

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

HPP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 37.09   Med: 323.82   Max: 1866.5
Current: 289.5

During the past years, Hudson Pacific Properties's highest Shiller PE Ratio was 1866.50. The lowest was 37.09. And the median was 323.82.

HPP's Shiller PE Ratio is ranked worse than
99.1% of 444 companies
in the REITs industry
Industry Median: 11.29 vs HPP: 289.50

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.

Hudson Pacific Properties's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hudson Pacific Properties Shiller PE Ratio Historical Data

The historical data trend for Hudson Pacific Properties'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.

Hudson Pacific Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,216.80 496.56 249.07 81.68 434.31

Hudson Pacific Properties 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 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 81.68 57.86 40.36 72.59 434.31

Competitive Comparison

For the REIT - Office subindustry, Hudson Pacific Properties'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.


Hudson Pacific Properties Shiller PE Ratio Distribution

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

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



Hudson Pacific Properties 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.

Hudson Pacific Properties's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.79/0.02
=289.50

* 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.

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

For example, Hudson Pacific Properties'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)
=-0.7/129.4194*129.4194
=-0.700

Current CPI (Dec. 2023) = 129.4194.

Hudson Pacific Properties Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.020 99.695 0.026
201406 0.050 100.560 0.064
201409 0.110 100.428 0.142
201412 -0.030 99.070 -0.039
201503 0.250 99.621 0.325
201506 -0.280 100.684 -0.360
201509 -0.040 100.392 -0.052
201512 -0.070 99.792 -0.091
201603 0.030 100.470 0.039
201606 0.010 101.688 0.013
201609 0.020 101.861 0.025
201612 0.180 101.863 0.229
201703 0.140 102.862 0.176
201706 0.020 103.349 0.025
201709 0.070 104.136 0.087
201712 0.210 104.011 0.261
201803 0.310 105.290 0.381
201806 0.100 106.317 0.122
201809 0.110 106.507 0.134
201812 0.100 105.998 0.122
201903 -0.260 107.251 -0.314
201906 0.060 108.070 0.072
201909 0.380 108.329 0.454
201912 0.090 108.420 0.107
202003 0.070 108.902 0.083
202006 0.020 108.767 0.024
202009 -0.040 109.815 -0.047
202012 -0.050 109.897 -0.059
202103 0.030 111.754 0.035
202106 0.020 114.631 0.023
202109 -0.060 115.734 -0.067
202112 0.050 117.630 0.055
202203 -0.130 121.301 -0.139
202206 -0.050 125.017 -0.052
202209 -0.120 125.227 -0.124
202212 -0.090 125.222 -0.093
202303 -0.140 127.348 -0.142
202306 -0.260 128.729 -0.261
202309 -0.270 129.860 -0.269
202312 -0.700 129.419 -0.700

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.


Hudson Pacific Properties  (NYSE:HPP) 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.


Hudson Pacific Properties Shiller PE Ratio Related Terms

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


Hudson Pacific Properties (Hudson Pacific Properties) Business Description

Traded in Other Exchanges
Address
11601 Wilshire Boulevard, Ninth Floor, Los Angeles, CA, USA, 90025
Hudson Pacific Properties Inc is a real estate investment trust that acquires, operates, and owns office buildings and media and entertainment properties, such as sound stages, on America's West Coast. The company focuses on developed, urban markets in Northern California, Southern California, and the Pacific Northwest. In terms of total square footage, the vast majority of Hudson Pacific's real estate portfolio is composed of office properties located in the Greater Seattle, San Francisco, and Los Angeles areas. The company operates in two reportable segments; office properties & related operations; and studio properties & related operations. The majority of revenue is derived from the office properties & related operations segment.
Executives
Arthur X. Suazo officer: EVP, Leasing 11601 WILSHIRE BOULEVARD, 6TH FLOOR, LOS ANGELES CA 90025
Drew Gordon officer: Chief Investment Officer 11601 WILSHIRE BLVD., 9TH FLOOR, LOS ANGELES CA 90025
Harout Krikor Diramerian officer: Chief Accounting Officer C/O HUDSON PACIFIC PROPERTIES, INC., 11601 WILSHIRE BLVD. SUITE 1600, LOS ANGELES CA 90025
Barry A Sholem director 2121 AVENUE OF THE STARS, LOS ANGELES CA 90067
Victor J Coleman director, officer: Chief Executive Officer HUDSON PACIFIC PROPERTIES INC., 11601 WILSHIRE BLVD SUITE 1600, LOS ANGELES CA 90025
Andy Wattula officer: Chief Operating Officer 11601 WILSHIRE BLVD., 9TH FLOOR, LOS ANGELES CA 90025
Mark T Lammas officer: Chief Financial Officer 11601 WILSHIRE BLVD., SUITE 1600, LOS ANGELES CA 90025
Mark David Linehan director 5330 DEBBIE ROAD, SUITE 100, SANTA BARBARA CA 93111
Harris Robert L Ii director C/O ACACIA RESEARCH CORP, 500 NEWPORT CENTER DRIVE, 7TH FLOOR, NEWPORT BEACH CA 92660
Jonathan M Glaser director 11601 WILSHIRE BLVD., SUITE 2180, LOS ANGELES CA 90025
Erinn Burnough director LANSDOWNE HOUSE, LANSDOWNE ROAD, FLAT 11, LONDON X0 W11 3LP
Christopher James Barton officer: EVP,Operations and Development 11601 WILSHIRE BLVD., SUITE 1600, LOS ANGELES CA 90025
Richard B Fried director, 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Barry Alan Porter director C/O CLARITY PARTNERS, 100 N. CRESCENT DR, SUITE 300, BEVERLY HILLS CA 90210
Karen Brodkin director 1136 GALLOWAY STREET, PACIFIC PALISADES CA 90272