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Wereldhave Belgium (XBRU:WEHB) Shiller PE Ratio

: 7.36 (As of Today)
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As of today (2024-04-16), Wereldhave Belgium's current share price is €45.00. Wereldhave Belgium's E10 for the fiscal year that ended in Dec23 was €6.11. Wereldhave Belgium's Shiller PE Ratio for today is 7.36.

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

XBRU:WEHB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.39   Med: 13.52   Max: 19.05
Current: 7.84

During the past 13 years, Wereldhave Belgium's highest Shiller PE Ratio was 19.05. The lowest was 5.39. And the median was 13.52.

XBRU:WEHB's Shiller PE Ratio is ranked better than
71.24% of 445 companies
in the REITs industry
Industry Median: 11.32 vs XBRU:WEHB: 7.84

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.

Wereldhave Belgium's adjusted earnings per share data of for the fiscal year that ended in Dec23 was €3.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €6.11 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wereldhave Belgium Shiller PE Ratio Historical Data

The historical data trend for Wereldhave Belgium'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.

Wereldhave Belgium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.95 6.60 8.35 7.67 7.91

Wereldhave Belgium Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 8.35 - 7.67 - 7.91

Competitive Comparison

For the REIT - Retail subindustry, Wereldhave Belgium'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.


Wereldhave Belgium Shiller PE Ratio Distribution

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

* The bar in red indicates where Wereldhave Belgium's Shiller PE Ratio falls into.



Wereldhave Belgium 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.

Wereldhave Belgium's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=45.00/6.11
=7.36

* 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.

Wereldhave Belgium's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Wereldhave Belgium'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)
=3.29/128.2922*128.2922
=3.290

Current CPI (Dec23) = 128.2922.

Wereldhave Belgium Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 6.015 99.086 7.788
201512 7.120 100.572 9.082
201612 9.550 102.614 11.940
201712 7.880 104.804 9.646
201812 5.710 107.252 6.830
201912 3.760 108.065 4.464
202012 -2.810 108.511 -3.322
202112 4.470 114.705 4.999
202212 6.260 126.578 6.345
202312 3.290 128.292 3.290

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.


Wereldhave Belgium  (XBRU:WEHB) 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.


Wereldhave Belgium Shiller PE Ratio Related Terms

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Wereldhave Belgium (XBRU:WEHB) Business Description

Traded in Other Exchanges
Address
Medialaan 30/6, Vilvoorde, BEL, 1800
Wereldhave Belgium is a publicly-regulated real estate company with a focus on commercial property and operating in Belgium. Wereldhave Belgium targets shopping centers as new investments. Its operational shopping center portfolio includes locations in Liege, Nivelles, Tournai, Ghent, Genk, Waterloo, and Kortrijk. The company also owns office properties in Brussels, Vilvoorde, and Antwerp. The company's strategy is to create value through both active management and redevelopment, with tactics that include maintaining contact with lessees to acquire up-to-date market information. Majority of its revenue is from rental income.

Wereldhave Belgium (XBRU:WEHB) Headlines

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