BFS (Saul Centers) Shiller PE Ratio: 18.85 (As of Aug. 03, 2026) — 34% Below Median

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BFS Saul Centers Inc BFS
77 GF Score
Price $34.12
GF Value $42.25
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Saul Centers Shiller PE Ratio?

Saul Centers BFS +0.15% 77 Shiller PE Ratio is 18.85 as of Aug. 03, 2026, which is 34% below its 10-year median of 28.64. GuruFocus rates BFS with a GF Score™ of 77/100 and a GF Value™ of $42.25 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 477 REITs companies, Saul Centers ranks worse than 65.83% on this metric.

As of today (2026-08-03), Saul Centers's current share price is $34.12. Saul Centers's E10 for the quarter that ended in Mar. 2026 was $1.81. Saul Centers's Shiller PE Ratio for today is 18.85.

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

BFS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.01   Med: 28.64   Max: 51.75
Current: 18.85

During the past years, Saul Centers's highest Shiller PE Ratio was 51.75. The lowest was 16.01. And the median was 28.64.

BFS's Shiller PE Ratio is ranked worse than
65.83% of 477 companies
in the REITs industry
Industry Median: 13.37 vs BFS: 18.85

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.

Saul Centers's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saul Centers  (NYSE:BFS) 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.


Saul Centers Shiller PE Ratio Related Terms


Saul Centers Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Saul Centers'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.

Saul Centers Shiller PE Ratio Chart

Saul Centers Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.55 24.23 21.39 21.00 17.41

Saul Centers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 19.44 18.39 17.20 17.41 18.02

BFS vs WSR, ALX, PINE: Shiller PE Ratio Comparison

For the REIT - Retail subindustry, Saul Centers'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.


Saul Centers Shiller PE Ratio vs REITs Industry

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

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


BFS
77GF Score
Saul Centers Inc BFS
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saul Centers 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.

Saul Centers's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=34.12/1.81
=18.85

* 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.

Saul Centers's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, Saul Centers's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.26/330.2130*330.2130
=0.260

Current CPI (Mar. 2026) = 330.2130.

Saul Centers Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.350 241.018 0.480
201609 0.330 241.428 0.451
201612 0.380 241.432 0.520
201703 0.490 243.801 0.664
201706 0.380 244.955 0.512
201709 0.380 246.819 0.508
201712 0.380 246.524 0.509
201803 0.310 249.554 0.410
201806 0.430 251.989 0.563
201809 0.450 252.439 0.589
201812 0.410 251.233 0.539
201903 0.460 254.202 0.598
201906 0.450 256.143 0.580
201909 0.390 256.759 0.502
201912 0.270 256.974 0.347
202003 0.450 258.115 0.576
202006 0.240 257.797 0.307
202009 0.280 260.280 0.355
202012 0.280 260.474 0.355
202103 0.320 264.877 0.399
202106 0.420 271.696 0.510
202109 0.440 274.310 0.530
202112 0.400 278.802 0.474
202203 0.440 287.504 0.505
202206 0.430 296.311 0.479
202209 0.380 296.808 0.423
202212 0.380 296.797 0.423
202303 0.450 301.836 0.492
202306 0.430 305.109 0.465
202309 0.420 307.789 0.451
202312 0.440 306.746 0.474
202403 0.450 312.332 0.476
202406 0.480 314.175 0.505
202409 0.480 315.301 0.503
202412 0.220 315.605 0.230
202503 0.290 319.799 0.299
202506 0.330 322.561 0.338
202509 0.320 324.800 0.325
202512 0.150 324.054 0.153
202603 0.260 330.213 0.260

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 18.85 mean?
Saul Centers (BFS) has a Shiller PE Ratio of 18.85 as of Aug. 03, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Saul Centers and its competitors. This is 34% below median its historical median of 28.64. Over the past decade, Saul Centers' Shiller PE Ratio has ranged from 16.01 to 51.75. According to the industry distribution chart, Saul Centers ranks #314 out of 477 companies in the REITs industry, placing it in the top 65.8%.
Is Saul Centers' Shiller PE Ratio too high?
Saul Centers' current Shiller PE Ratio of 18.85 is 34% below median its 10-year median of 28.64. Over the past 10 years, this metric has ranged from a low of 16.01 to a high of 51.75. The REITs industry median Shiller PE Ratio is 13.37. Saul Centers' value of 18.85 is 41% above this industry median. Based on the distribution chart, Saul Centers ranks #314 out of 477 companies in the REITs industry, which is below the industry midpoint. Overall, Saul Centers has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saul Centers' Shiller PE Ratio compare to WSR and ALX?
According to the REITs industry distribution chart, Saul Centers ranks #314 out of 477 companies for Shiller PE Ratio. This places Saul Centers in the lower half of its industry. The industry median Shiller PE Ratio is 13.37. Saul Centers' value of 18.85 is 41% above this benchmark. Historically, Saul Centers' own Shiller PE Ratio has ranged from 16.01 to 51.75 over the past decade. While the company's 10-year median is 28.64 vs. the industry median of 13.37, Saul Centers has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a REITs company?
The median Shiller PE Ratio among REITs companies is 13.37, based on 477 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saul Centers's current Shiller PE Ratio of 18.85 is 41% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Saul Centers and its competitors. For the REITs industry, the median Shiller PE Ratio is 13.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saul Centers's current Shiller PE Ratio is 18.85, which is 34% below median its own 10-year median of 28.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saul Centers stock overvalued right now?
Based on GuruFocus' analysis, Saul Centers (BFS) is currently considered Modestly Undervalued. The stock's GF Value™ is $42.25, compared to a current price of $34.12 — trading 19.2% below its estimated fair value. The current Shiller PE Ratio is 18.85, which is 34% below median its 10-year median of 28.64 and 41% above the REITs industry median of 13.37. Saul Centers' overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Saul Centers (BFS), the current Shiller PE Ratio is 18.85 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Saul Centers (BFS) Overvalued in 2026?

Based on GuruFocus' analysis, Saul Centers stock appears to be undervalued. The current stock price of $34.12 is trading 19.2% below its estimated GF Value™ of $42.25. GuruFocus considers Saul Centers to be Modestly Undervalued.

Key valuation signals for BFS:

  • Shiller PE Ratio: 18.85 (34% below median its 10-year median of 28.64)
  • GF Value™: $42.25 vs. price of $34.12 (19.2% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 41% above the REITs median (#314 of 477)

No single metric tells the full story. See the BFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saul Centers Business Description

Industry Real EstateREITs
Other Exchanges BFSpE.PFD:USABFSpD.PFD:USA
Address 7501 Wisconsin Avenue, Suite 1500 East, Bethesda, MD, USA, 20814-6522
Saul Centers Inc is a self-managed real estate investment trust which invests in, operates and develops retail and commercial properties. The company's portfolio includes community and neighbourhood shopping centres, office properties, and mixed-use properties. Properties are located in the Washington, D.C. and Batlimore metropolitan areas. Saul Centers operates through two business segments: Shopping Centers segment, which contribute the maximum portion of total revenue; and mixed-use properties.Mixed-Use Properties segment include office, retail and multi-family residential use.
77GF Score

Get the complete analysis for BFS

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$34.12
Price
$42.25
GF Value