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Brookfield Office Properties (TSX:BPO.PR.J.PFD) Shiller PE Ratio

: (As of Today)
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Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brookfield Office Properties Shiller PE Ratio Historical Data

The historical data trend for Brookfield Office 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.

Brookfield Office Properties Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.78 12.56 14.23 - -

Brookfield Office Properties Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 - - - - -

Competitive Comparison

For the Real Estate Services subindustry, Brookfield Office 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.


Brookfield Office Properties Shiller PE Ratio Distribution

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

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



Brookfield Office 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.

Brookfield Office Properties's E10 for the quarter that ended in Mar. 2016 is calculated as:

For example, Brookfield Office Properties's adjusted earnings per share data for the three months ended in Mar. 2016 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2016 (Change)*Current CPI (Mar. 2016)
=0/101.0535*101.0535
=0.000

Current CPI (Mar. 2016) = 101.0535.

Brookfield Office Properties Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200606 0.000 86.516 0.000
200609 0.000 86.279 0.000
200612 0.000 86.437 0.000
200703 0.000 87.780 0.000
200706 0.000 88.412 0.000
200709 0.000 88.412 0.000
200712 0.000 88.491 0.000
200803 0.000 88.965 0.000
200806 0.000 91.177 0.000
200809 0.000 91.414 0.000
200812 0.000 89.518 0.000
200903 0.000 90.071 0.000
200906 0.000 90.940 0.000
200909 0.000 90.624 0.000
200912 0.000 90.703 0.000
201003 0.000 91.335 0.000
201006 0.000 91.809 0.000
201009 0.000 92.362 0.000
201012 0.000 92.836 0.000
201103 0.000 94.338 0.000
201106 0.000 94.654 0.000
201109 0.000 95.286 0.000
201112 0.000 94.970 0.000
201203 0.000 96.155 0.000
201206 0.000 96.076 0.000
201209 0.000 96.392 0.000
201212 0.000 95.760 0.000
201303 0.000 97.103 0.000
201306 0.000 97.182 0.000
201309 0.000 97.419 0.000
201312 0.000 96.945 0.000
201403 0.000 98.604 0.000
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.000 98.367 0.000
201503 0.000 99.789 0.000
201506 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.000 99.947 0.000
201603 0.000 101.054 0.000

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.


Brookfield Office Properties  (TSX:BPO.PR.J.PFD) 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.


Brookfield Office Properties Shiller PE Ratio Related Terms

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Brookfield Office Properties (TSX:BPO.PR.J.PFD) Business Description

Address
181 Bay Street, Suite 330, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Brookfield Office Properties Inc is a real estate investment firm. It acts as owner, operator, and developer of office and multifamily assets. The office property division defines the skylines of dynamic cities around the world, including gateway cities such as New York, London, Berlin, Toronto, and Sydney and the multifamily business owns, develops, renovates and manages approximately 40,000 high-quality rental apartment buildings in supply constrained markets of major cities such as New York and London, as well as high growth markets in the suburban U.S. In addition, it caters to tenants in financial services, government, and energy and resource sectors.

Brookfield Office Properties (TSX:BPO.PR.J.PFD) Headlines

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