GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Paragon REIT (SGX:SK6U) » Definitions » Shiller PE Ratio

Paragon REIT (SGX:SK6U) Shiller PE Ratio : 13.83 (As of Apr. 28, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Paragon REIT Shiller PE Ratio?

As of today (2024-04-28), Paragon REIT's current share price is S$0.83. Paragon REIT's E10 for the fiscal year that ended in Dec23 was S$0.06. Paragon REIT's Shiller PE Ratio for today is 13.83.

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

SGX:SK6U' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.67   Med: 14   Max: 14.5
Current: 13.94

During the past 10 years, Paragon REIT's highest Shiller PE Ratio was 14.50. The lowest was 13.67. And the median was 14.00.

SGX:SK6U's Shiller PE Ratio is ranked worse than
58.3% of 446 companies
in the REITs industry
Industry Median: 11.37 vs SGX:SK6U: 13.94

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.

Paragon REIT's adjusted earnings per share data of for the fiscal year that ended in Dec23 was S$0.048. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is S$0.06 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Paragon REIT Shiller PE Ratio Historical Data

The historical data trend for Paragon REIT'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.

Paragon REIT Shiller PE Ratio Chart

Paragon REIT Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 14.86

Paragon REIT Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Dec22 Jun23 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 - - - - 14.86

Competitive Comparison of Paragon REIT's Shiller PE Ratio

For the REIT - Retail subindustry, Paragon REIT'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.


Paragon REIT's Shiller PE Ratio Distribution in the REITs Industry

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

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



Paragon REIT 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.

Paragon REIT's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.83/0.06
=13.83

* 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.

Paragon REIT's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Paragon REIT's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.048/129.4194*129.4194
=0.048

Current CPI (Dec23) = 129.4194.

Paragon REIT Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201408 0.091 100.352 0.117
201508 0.061 100.548 0.079
201608 0.050 101.617 0.064
201708 0.061 103.587 0.076
201808 0.054 106.383 0.066
201908 0.058 108.245 0.069
202008 -0.028 109.662 -0.033
202108 0.049 115.421 0.055
202212 0.053 125.222 0.055
202312 0.048 129.419 0.048

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.


Paragon REIT  (SGX:SK6U) 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.


Paragon REIT Shiller PE Ratio Related Terms

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


Paragon REIT (SGX:SK6U) Business Description

Traded in Other Exchanges
N/A
Address
79 Robinson Road, CapitaSky, Bridge+, Singapore, SGP, 068897
Paragon REIT is a real estate investment trust which focuses on retail properties in Singapore and other Asia Pacific regions. The trust primarily comprises upscale retail malls and shopping centres.

Paragon REIT (SGX:SK6U) Headlines

No Headlines