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Peet (ASX:PPC) Shiller PE Ratio : 13.22 (As of May. 02, 2024)


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What is Peet Shiller PE Ratio?

As of today (2024-05-02), Peet's current share price is A$1.19. Peet's E10 for the fiscal year that ended in Jun23 was A$0.09. Peet's Shiller PE Ratio for today is 13.22.

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

ASX:PPC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.42   Med: 13.44   Max: 21.58
Current: 13.26

During the past 13 years, Peet's highest Shiller PE Ratio was 21.58. The lowest was 7.42. And the median was 13.44.

ASX:PPC's Shiller PE Ratio is ranked worse than
59.2% of 1081 companies
in the Real Estate industry
Industry Median: 10.94 vs ASX:PPC: 13.26

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.

Peet's adjusted earnings per share data of for the fiscal year that ended in Jun23 was A$0.148. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$0.09 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Peet Shiller PE Ratio Historical Data

The historical data trend for Peet'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.

Peet Shiller PE Ratio Chart

Peet Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.70 16.57 20.49 13.27 13.76

Peet 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 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 - 13.27 - 13.76 -

Competitive Comparison of Peet's Shiller PE Ratio

For the Real Estate - Development subindustry, Peet'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.


Peet's Shiller PE Ratio Distribution in the Real Estate Industry

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

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



Peet 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.

Peet's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.19/0.09
=13.22

* 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.

Peet's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Peet's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.148/124.1700*124.1700
=0.148

Current CPI (Jun23) = 124.1700.

Peet Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.070 98.352 0.088
201506 0.083 99.838 0.103
201606 0.087 100.859 0.107
201706 0.091 102.809 0.110
201806 0.100 104.945 0.118
201906 0.098 106.617 0.114
202006 -0.062 106.246 -0.072
202106 0.059 110.332 0.066
202206 0.108 117.112 0.115
202306 0.148 124.170 0.148

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.


Peet  (ASX:PPC) 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.


Peet Shiller PE Ratio Related Terms

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Peet (ASX:PPC) Business Description

Traded in Other Exchanges
Address
200 St Georges Terrace, 7th Floor, Perth, WA, AUS, 6000
Peet Ltd acquires, develops, and markets residential land, predominantly under a capital-efficient funds management model. The company earns revenue from the sale of land, underwriting, capital raising, and asset identification services; Ongoing project-related fees mainly project management, selling fees, and performance fees. It operates in the following segment: Funds management; Company-owned projects; and Joint arrangements. The Company-owned projects segment accounts for the majority of revenue.