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Hedge Brasil Shopping Fundo DE Investimento Imobiliario (BSP:HGBS11) Shiller PE Ratio : 10.52 (As of Jun. 24, 2024)


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What is Hedge Brasil Shopping Fundo DE Investimento Imobiliario Shiller PE Ratio?

As of today (2024-06-24), Hedge Brasil Shopping Fundo DE Investimento Imobiliario's current share price is R$211.75. Hedge Brasil Shopping Fundo DE Investimento Imobiliario's E10 for the fiscal year that ended in Dec23 was R$20.13. Hedge Brasil Shopping Fundo DE Investimento Imobiliario's Shiller PE Ratio for today is 10.52.

The historical rank and industry rank for Hedge Brasil Shopping Fundo DE Investimento Imobiliario's Shiller PE Ratio or its related term are showing as below:

BSP:HGBS11' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.26   Med: 9.96   Max: 13.53
Current: 10.52

During the past 13 years, Hedge Brasil Shopping Fundo DE Investimento Imobiliario's highest Shiller PE Ratio was 13.53. The lowest was 7.26. And the median was 9.96.

BSP:HGBS11's Shiller PE Ratio is ranked better than
53.11% of 450 companies
in the REITs industry
Industry Median: 11.06 vs BSP:HGBS11: 10.52

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.

Hedge Brasil Shopping Fundo DE Investimento Imobiliario's adjusted earnings per share data of for the fiscal year that ended in Dec23 was R$26.519. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$20.13 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hedge Brasil Shopping Fundo DE Investimento Imobiliario Shiller PE Ratio Historical Data

The historical data trend for Hedge Brasil Shopping Fundo DE Investimento Imobiliario'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.

Hedge Brasil Shopping Fundo DE Investimento Imobiliario Shiller PE Ratio Chart

Hedge Brasil Shopping Fundo DE Investimento Imobiliario Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.05 10.08 9.18 10.28 11.46

Hedge Brasil Shopping Fundo DE Investimento Imobiliario Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 12.05 10.08 9.18 10.28 11.46

Competitive Comparison of Hedge Brasil Shopping Fundo DE Investimento Imobiliario's Shiller PE Ratio

For the REIT - Retail subindustry, Hedge Brasil Shopping Fundo DE Investimento Imobiliario'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.


Hedge Brasil Shopping Fundo DE Investimento Imobiliario's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hedge Brasil Shopping Fundo DE Investimento Imobiliario's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hedge Brasil Shopping Fundo DE Investimento Imobiliario's Shiller PE Ratio falls into.



Hedge Brasil Shopping Fundo DE Investimento Imobiliario 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.

Hedge Brasil Shopping Fundo DE Investimento Imobiliario's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=211.75/20.13
=10.52

* 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.

Hedge Brasil Shopping Fundo DE Investimento Imobiliario's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Hedge Brasil Shopping Fundo DE Investimento Imobiliario'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)
=26.519/157.1481*157.1481
=26.519

Current CPI (Dec23) = 157.1481.

Hedge Brasil Shopping Fundo DE Investimento Imobiliario Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.000 94.194 0.000
201512 17.031 104.247 25.674
201612 19.548 110.802 27.725
201712 31.967 114.068 44.040
201812 7.272 118.340 9.657
201912 29.963 123.436 38.146
202012 -13.690 129.012 -16.676
202112 1.838 141.992 2.034
202212 22.989 150.207 24.051
202312 26.519 157.148 26.519

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.


Hedge Brasil Shopping Fundo DE Investimento Imobiliario  (BSP:HGBS11) 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.


Hedge Brasil Shopping Fundo DE Investimento Imobiliario Shiller PE Ratio Related Terms

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Hedge Brasil Shopping Fundo DE Investimento Imobiliario (BSP:HGBS11) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Presidente Juscelino Kubitschek, 1830, Tower IV - 7th floor, Itaim Bibi, Sao Paulo, SP, BRA, 4543900
Hedge Brasil Shopping Fundo DE Investimento Imobiliario is a Brazilian real estate investment fund with objective to obtain capital appreciation by acquisition of interests in shopping centers. The objective of the Fund is the acquisition for commercial exploitation of commercial real estate projects, which are duly built or are subject to renovations, improvements or expansions, through the acquisition of portions and/or the entirety of real estate projects, directly or indirectly, through the assets provided for in the Regulation, for subsequent sale, rental or leasing, including assets and rights related to them.

Hedge Brasil Shopping Fundo DE Investimento Imobiliario (BSP:HGBS11) Headlines

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