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Charter Hall Retail REIT (ASX:CQR) PE Ratio : 107.67 (As of Dec. 13, 2024)


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What is Charter Hall Retail REIT PE Ratio?

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-12-13), Charter Hall Retail REIT's share price is A$3.23. Charter Hall Retail REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was A$0.03. Therefore, Charter Hall Retail REIT's PE Ratio for today is 107.67.

During the past 13 years, Charter Hall Retail REIT's highest PE Ratio was 122.33. The lowest was 3.11. And the median was 11.28.

Charter Hall Retail REIT's EPS (Diluted) for the six months ended in Jun. 2024 was A$0.10. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was A$0.03.

As of today (2024-12-13), Charter Hall Retail REIT's share price is A$3.23. Charter Hall Retail REIT's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2024 was A$0.03. Therefore, Charter Hall Retail REIT's PE Ratio without NRI ratio for today is 107.67.

During the past 13 years, Charter Hall Retail REIT's highest PE Ratio without NRI was 122.33. The lowest was 3.11. And the median was 10.84.

Charter Hall Retail REIT's EPS without NRI for the six months ended in Jun. 2024 was A$0.10. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2024 was A$0.03.

During the past 12 months, Charter Hall Retail REIT's average EPS without NRI Growth Rate was -53.80% per year. During the past 3 years, the average EPS without NRI Growth Rate was -61.10% per year. During the past 5 years, the average EPS without NRI Growth Rate was -20.20% per year. During the past 10 years, the average EPS without NRI Growth Rate was -16.10% per year.

During the past 13 years, Charter Hall Retail REIT's highest 3-Year average EPS without NRI Growth Rate was 165.60% per year. The lowest was -61.10% per year. And the median was 3.45% per year.

Charter Hall Retail REIT's EPS (Basic) for the six months ended in Jun. 2024 was A$0.10. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2024 was A$0.03.

Back to Basics: PE Ratio


Charter Hall Retail REIT PE Ratio Historical Data

The historical data trend for Charter Hall Retail REIT's 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.

Charter Hall Retail REIT PE Ratio Chart

Charter Hall Retail REIT Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.26 7.47 3.29 55.54 108.33

Charter Hall Retail REIT Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 3.29 At Loss 55.54 At Loss 108.33

Competitive Comparison of Charter Hall Retail REIT's PE Ratio

For the REIT - Retail subindustry, Charter Hall Retail REIT's PE Ratio, along with its competitors' market caps and 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.


Charter Hall Retail REIT's PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Charter Hall Retail REIT's PE Ratio falls into.



Charter Hall Retail REIT PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Charter Hall Retail REIT's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=3.23/0.030
=107.67

Charter Hall Retail REIT's Share Price of today is A$3.23.
For company reported semi-annually, Charter Hall Retail REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.03.


* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Charter Hall Retail REIT  (ASX:CQR) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


Charter Hall Retail REIT PE Ratio Related Terms

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Charter Hall Retail REIT Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Martin Place, Level 20, Sydney, NSW, AUS, 2000
Charter Hall Retail REIT owns and manages a portfolio of convenience focused retail properties, including neighborhood and subregional shopping centers, and service stations. The REIT is managed by Charter Hall, a listed, diversified fund manager and developer, which owns a minority stake in Charter Hall Retail REIT and frequently partners with it on acquisitions and developments. More than half of rental income comes from major tenants Woolworths, Coles, Wesfarmers, Ampol, and BP (the latter two occupy service station assets). The portfolio is more seasoned than some convenience rivals, with approximately 83% of supermarket tenants at or near thresholds for paying turnover-linked rent.

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