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ADC (Agree Realty) Shiller PE Ratio : 33.78 (As of Mar. 27, 2025)


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What is Agree Realty Shiller PE Ratio?

As of today (2025-03-27), Agree Realty's current share price is $76.00. Agree Realty's E10 for the quarter that ended in Dec. 2024 was $2.25. Agree Realty's Shiller PE Ratio for today is 33.78.

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

ADC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.79   Med: 31.08   Max: 43.27
Current: 33.78

During the past years, Agree Realty's highest Shiller PE Ratio was 43.27. The lowest was 14.79. And the median was 31.08.

ADC's Shiller PE Ratio is ranked worse than
87.82% of 468 companies
in the REITs industry
Industry Median: 12.08 vs ADC: 33.78

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.

Agree Realty's adjusted earnings per share data for the three months ended in Dec. 2024 was $0.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.25 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Agree Realty Shiller PE Ratio Historical Data

The historical data trend for Agree Realty'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.

Agree Realty Shiller PE Ratio Chart

Agree Realty Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.38 35.34 33.40 29.01 31.37

Agree Realty Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 29.01 25.93 27.60 33.47 31.37

Competitive Comparison of Agree Realty's Shiller PE Ratio

For the REIT - Retail subindustry, Agree Realty'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.


Agree Realty's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Agree Realty's Shiller PE Ratio falls into.


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Agree Realty 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.

Agree Realty's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=76.00/2.25
=33.78

* 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.

Agree Realty's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, Agree Realty's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.41/133.1571*133.1571
=0.410

Current CPI (Dec. 2024) = 133.1571.

Agree Realty Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.370 99.621 0.495
201506 0.580 100.684 0.767
201509 0.810 100.392 1.074
201512 0.410 99.792 0.547
201603 0.360 100.470 0.477
201606 0.480 101.688 0.629
201609 0.610 101.861 0.797
201612 0.500 101.863 0.654
201703 0.560 102.862 0.725
201706 0.560 103.349 0.722
201709 0.420 104.136 0.537
201712 0.550 104.011 0.704
201803 0.530 105.290 0.670
201806 0.410 106.317 0.514
201809 0.480 106.507 0.600
201812 0.370 105.998 0.465
201903 0.480 107.251 0.596
201906 0.450 108.070 0.554
201909 0.480 108.329 0.590
201912 0.520 108.420 0.639
202003 0.460 108.902 0.562
202006 0.470 108.767 0.575
202009 0.390 109.815 0.473
202012 0.420 109.897 0.509
202103 0.480 111.754 0.572
202106 0.340 114.631 0.395
202109 0.520 115.734 0.598
202112 0.440 117.630 0.498
202203 0.480 121.301 0.527
202206 0.450 125.017 0.479
202209 0.460 125.227 0.489
202212 0.440 125.222 0.468
202303 0.440 127.348 0.460
202306 0.420 128.729 0.434
202309 0.410 129.860 0.420
202312 0.440 129.419 0.453
202403 0.430 131.776 0.435
202406 0.520 132.554 0.522
202409 0.420 133.029 0.420
202412 0.410 133.157 0.410

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.


Agree Realty  (NYSE:ADC) 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.


Agree Realty Shiller PE Ratio Related Terms

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


Agree Realty Business Description

Traded in Other Exchanges
Address
32301 Woodward Avenue, Royal Oak, MI, USA, 48073
Agree Realty Corporation operates as a fully integrated real estate investment trust mainly focused on the ownership, acquisition, development and management of retail properties net leased to industry-tenants. The Company is mainly in the business of acquiring, developing and managing retail real estate. Some of its properties in the portfolio include Walmart, 7-Eleven, Wawa, Gerber Collision and others.
Executives
John Jr Rakolta director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Greg Lehmkuhl director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Stephen Breslin officer: Chief Accounting Officer 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Richard Agree officer: Chief Executive Officer 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48334
Joey Agree officer: Chief Operating Officer 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48034
Craig Erlich officer: CHIEF OPERATING OFFICER 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304-2324
Peter Coughenour officer: CHIEF FINANCIAL OFFICER 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
David A. Wolff officer: CHIEF ACCOUNTING OFFICER 70 E. LONG LAKE RD., BLOOMFIELD HILLS MI 48304-2324
Karen Dearing director 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Nicole Witteveen officer: EVP, PEOPLE & CULTURE 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Michael Judlowe director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Michael Hollman director 7930 JONES BRANCH DRIVE, SUITE 1124, MCLEAN VA 22102
Jerome R Rossi director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304-2324
Danielle M Spehar officer: GENERAL COUNSEL 70 E. LONG LAKE RD, BLOOMFIELD HILLS MI 48304
Merrie S. Frankel director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48034