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National Health Investors Shiller PE Ratio

: 18.21 (As of Today)
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As of today (2021-05-06), National Health Investors's current share price is $71.02. National Health Investors's E10 for the quarter that ended in Dec. 2020 was $3.90. National Health Investors's Shiller PE Ratio for today is 18.21.

NYSE:NHI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.95   Med: 21.18   Max: 26.25
Current: 18.36

9.95
26.25

During the past years, National Health Investors's highest Shiller PE Ratio was 26.25. The lowest was 9.95. And the median was 21.18.

NYSE:NHI's Shiller PE Ratio is ranked lower than
55% of the 394 Companies
in the REITs industry.

( Industry Median: 16.14 vs. NYSE:NHI: 18.36 )

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.

National Health Investors's adjusted earnings per share data for the three months ended in Dec. 2020 was $0.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.90 for the trailing ten years ended in Dec. 2020.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Health Investors Shiller PE Ratio Historical Data

* 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.

National Health Investors Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.31 22.35 21.27 21.84 17.72

National Health Investors Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 21.84 13.11 15.84 15.55 17.72

Competitive Comparison
* 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.


National Health Investors Shiller PE Ratio Distribution

* The bar in red indicates where National Health Investors's Shiller PE Ratio falls into.



National Health Investors 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.

National Health Investors's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=71.02/3.9
=18.21

* 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.

National Health Investors's E10 for the quarter that ended in Dec. 2020 is calculated as:

For example, National Health Investors's adjusted earnings per share data for the three months ended in Dec. 2020 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=0.83/110.3642*110.3642
=0.830

Current CPI (Dec. 2020) = 110.3642.

National Health Investors Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201103 0.690 94.890 0.803
201106 0.900 95.319 1.042
201109 0.680 95.529 0.786
201112 0.650 95.632 0.750
201203 0.660 97.075 0.750
201206 0.610 96.661 0.696
201209 0.520 97.595 0.588
201212 1.480 97.158 1.681
201303 0.560 98.107 0.630
201306 0.710 98.557 0.795
201309 1.530 98.536 1.714
201312 0.930 98.692 1.040
201403 0.710 100.023 0.783
201406 0.764 100.520 0.839
201409 0.760 100.176 0.837
201412 0.800 98.604 0.895
201503 0.788 99.824 0.872
201506 0.830 100.691 0.910
201509 0.890 100.346 0.979
201512 1.440 99.957 1.590
201603 0.850 100.947 0.929
201606 1.160 101.524 1.261
201609 0.833 101.988 0.901
201612 1.030 102.456 1.109
201703 1.100 103.167 1.177
201706 0.930 103.278 0.994
201709 0.940 104.070 0.997
201712 0.900 104.578 0.950
201803 0.920 105.708 0.961
201806 0.910 106.324 0.945
201809 0.970 106.695 1.003
201812 0.870 106.200 0.904
201903 0.830 107.818 0.850
201906 0.920 108.250 0.938
201909 0.970 108.577 0.986
201912 0.950 108.841 0.963
202003 1.370 108.173 1.398
202006 0.990 109.318 0.999
202009 0.950 109.861 0.954
202012 0.830 110.364 0.830

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.


National Health Investors  (NYSE:NHI) 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.


National Health Investors Shiller PE Ratio Related Terms


National Health Investors Shiller PE Ratio Headlines

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