GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mapletree Logistics Trust (SGX:M44U) » Definitions » Shiller PE Ratio

Mapletree Logistics Trust (SGX:M44U) Shiller PE Ratio : 9.71 (As of Apr. 26, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Mapletree Logistics Trust Shiller PE Ratio?

As of today (2024-04-26), Mapletree Logistics Trust's current share price is S$1.36. Mapletree Logistics Trust's E10 for the quarter that ended in Dec. 2023 was S$0.14. Mapletree Logistics Trust's Shiller PE Ratio for today is 9.71.

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

SGX:M44U' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.36   Med: 14.5   Max: 21.37
Current: 9.69

During the past years, Mapletree Logistics Trust's highest Shiller PE Ratio was 21.37. The lowest was 9.36. And the median was 14.50.

SGX:M44U's Shiller PE Ratio is ranked better than
58.43% of 445 companies
in the REITs industry
Industry Median: 11.36 vs SGX:M44U: 9.69

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.

Mapletree Logistics Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was S$0.013. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is S$0.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mapletree Logistics Trust Shiller PE Ratio Historical Data

The historical data trend for Mapletree Logistics Trust'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.

Mapletree Logistics Trust Shiller PE Ratio Chart

Mapletree Logistics Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.78 15.08 17.55 14.39 12.60

Mapletree Logistics Trust 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 12.09 12.60 11.88 12.28 12.87

Competitive Comparison of Mapletree Logistics Trust's Shiller PE Ratio

For the REIT - Industrial subindustry, Mapletree Logistics Trust'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.


Mapletree Logistics Trust's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Mapletree Logistics Trust's Shiller PE Ratio falls into.



Mapletree Logistics Trust 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.

Mapletree Logistics Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.36/0.14
=9.71

* 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.

Mapletree Logistics Trust's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Mapletree Logistics Trust'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)
=0.013/129.4194*129.4194
=0.013

Current CPI (Dec. 2023) = 129.4194.

Mapletree Logistics Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.060 99.695 0.078
201406 0.015 100.560 0.019
201409 0.019 100.428 0.024
201412 0.020 99.070 0.026
201503 0.041 99.621 0.053
201506 0.020 100.684 0.026
201509 0.013 100.392 0.017
201512 0.020 99.792 0.026
201603 0.023 100.470 0.030
201606 0.009 101.688 0.011
201609 0.010 101.861 0.013
201612 0.030 101.863 0.038
201703 0.024 102.862 0.030
201706 0.015 103.349 0.019
201709 0.034 104.136 0.042
201712 0.016 104.011 0.020
201803 0.097 105.290 0.119
201806 0.023 106.317 0.028
201809 0.013 106.507 0.016
201812 0.016 105.998 0.020
201903 0.074 107.251 0.089
201906 0.022 108.070 0.026
201909 0.016 108.329 0.019
201912 0.025 108.420 0.030
202003 0.039 108.902 0.046
202006 0.018 108.767 0.021
202009 0.018 109.815 0.021
202012 0.025 109.897 0.029
202103 0.051 111.754 0.059
202106 0.018 114.631 0.020
202109 0.021 115.734 0.023
202112 0.022 117.630 0.024
202203 0.111 121.301 0.118
202206 0.020 125.017 0.021
202209 0.020 125.227 0.021
202212 0.015 125.222 0.016
202303 0.060 127.348 0.061
202306 0.018 128.729 0.018
202309 0.019 129.860 0.019
202312 0.013 129.419 0.013

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.


Mapletree Logistics Trust  (SGX:M44U) 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.


Mapletree Logistics Trust Shiller PE Ratio Related Terms

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


Mapletree Logistics Trust (SGX:M44U) Business Description

Traded in Other Exchanges
Address
10 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Logistics Trust is a real estate investment trust focusing on logistics properties. As of March 31, 2023, the trust had a SGD 12.8 billion portfolio of 185 properties, spread across Singapore, Hong Kong, Japan, China, South Korea, Australia, Malaysia, Vietnam, and India. The trust is externally managed by Mapletree Logistics Trust Management Ltd, a subsidiary of Mapletree Investments Pte Ltd, which owns around a 32% stake in the trust.

Mapletree Logistics Trust (SGX:M44U) Headlines

No Headlines