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VICI Properties (VICI Properties) Shiller PE Ratio : 17.77 (As of Apr. 25, 2024)


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What is VICI Properties Shiller PE Ratio?

As of today (2024-04-25), VICI Properties's current share price is $28.43. VICI Properties's E10 for the fiscal year that ended in Dec23 was $1.60. VICI Properties's Shiller PE Ratio for today is 17.77.

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

VICI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.43   Med: 18.49   Max: 19.8
Current: 17.77

During the past 10 years, VICI Properties's highest Shiller PE Ratio was 19.80. The lowest was 17.43. And the median was 18.49.

VICI's Shiller PE Ratio is ranked worse than
66.14% of 443 companies
in the REITs industry
Industry Median: 11.36 vs VICI: 17.77

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.

VICI Properties's adjusted earnings per share data of for the fiscal year that ended in Dec23 was $2.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.60 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


VICI Properties Shiller PE Ratio Historical Data

The historical data trend for VICI 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.

VICI Properties Shiller PE Ratio Chart

VICI Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 19.98

VICI 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 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 - - - - 19.98

Competitive Comparison of VICI Properties's Shiller PE Ratio

For the REIT - Diversified subindustry, VICI 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.


VICI Properties's Shiller PE Ratio Distribution in the REITs Industry

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

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



VICI 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.

VICI Properties's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=28.43/1.6
=17.77

* 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.

VICI Properties's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, VICI Properties'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)
=2.47/129.4194*129.4194
=2.470

Current CPI (Dec23) = 129.4194.

VICI Properties Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.000 99.070 0.000
201512 0.000 99.792 0.000
201612 0.000 101.863 0.000
201712 0.130 104.011 0.162
201812 1.430 105.998 1.746
201912 1.240 108.420 1.480
202012 1.750 109.897 2.061
202112 1.760 117.630 1.936
202212 1.270 125.222 1.313
202312 2.470 129.419 2.470

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.


VICI Properties  (NYSE:VICI) 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.


VICI Properties Shiller PE Ratio Related Terms

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


VICI Properties (VICI Properties) Business Description

Traded in Other Exchanges
Address
535 Madison Avenue, 20th Floor, New York, NY, USA, 10022
VICI Properties Inc is a real estate investment trust based in the US. It acts as an owner, acquirer, and developer of real estate assets across gaming, hospitality, entertainment and leisure destinations. The company's operating segments are real property business and golf course business. The Real property business segment consists of the leased real property whereas the Golf course business segment consists of several golf courses. Its golf courses include the Cascata golf course, the Rio Secco golf course, the Grand Bear golf course and the Chariot Run golf course.
Executives
Michael D Rumbolz director 3201 WEST COUNTY ROAD 42, SUITE 106, BURNSVILLE MN 55306
Gabriel Wasserman officer: Chief Accounting Officer 430 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10022
Samantha Sacks Gallagher officer: See Remarks C/O VICI PROPERTIES INC., 535 MADISON AVE 20TH FL, NEW YORK NY 10022
Payne John W R director, officer: President and COO 535 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
James R Abrahamson director C/O MARCUS CORP, 100 EAST WISCONSIN AVE, SUITE 1900, MILWAUKEE WI 53202-4125
Edward Baltazar Pitoniak director, officer: Chief Executive Officer C/O VICI PROPERTIES INC., 535 MADISON AVENUE 20TH FL, NEW YORK NY 10022
David Andrew Kieske officer: Chief Financial Officer C/O VICI PROPERTIES INC., 535 MADISON AVENUE 20TH FL, NEW YORK NY 10022
Monica Howard Douglas director 535 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Diana F Cantor director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Eugene I Davis director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Kenneth J. Kuick officer: Chief Accounting Officer 520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Eric L Hausler director C/O TRUMP ENTERTAINMENT RESORTS, 1000 BOARDWALK, ATLANTIC CITY NJ 08401
Elizabeth I Holland director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Craig Macnab director C/O JDN PEALTY CORP, 359 EAST PACES FERRY RD, ATLANTA GA 30305
Mary Elizabeth Higgins director, officer: Chief Financial Officer 3525 E. POST ROAD #120, LAS VEGAS NV 89120