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Sun Communities (BSP:S2UI34) Shiller PE Ratio : 74.37 (As of Jun. 23, 2024)


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What is Sun Communities Shiller PE Ratio?

As of today (2024-06-23), Sun Communities's current share price is R$31.98. Sun Communities's E10 for the quarter that ended in Mar. 2024 was R$0.43. Sun Communities's Shiller PE Ratio for today is 74.37.

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

BSP:S2UI34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 57.61   Med: 170.48   Max: 8352
Current: 67.98

During the past years, Sun Communities's highest Shiller PE Ratio was 8352.00. The lowest was 57.61. And the median was 170.48.

BSP:S2UI34's Shiller PE Ratio is ranked worse than
96.22% of 450 companies
in the REITs industry
Industry Median: 11.06 vs BSP:S2UI34: 67.98

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.

Sun Communities's adjusted earnings per share data for the three months ended in Mar. 2024 was R$-1.096. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$0.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sun Communities Shiller PE Ratio Historical Data

The historical data trend for Sun Communities'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.

Sun Communities Shiller PE Ratio Chart

Sun Communities 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 188.50 158.35 153.02 87.57 76.52

Sun Communities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 88.05 77.40 65.09 76.52 74.38

Competitive Comparison of Sun Communities's Shiller PE Ratio

For the REIT - Residential subindustry, Sun Communities'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.


Sun Communities's Shiller PE Ratio Distribution in the REITs Industry

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

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



Sun Communities 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.

Sun Communities's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=31.98/0.43
=74.37

* 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.

Sun Communities's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Sun Communities's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-1.096/131.7762*131.7762
=-1.096

Current CPI (Mar. 2024) = 131.7762.

Sun Communities Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.268 100.560 0.351
201409 1.286 100.428 1.687
201412 -0.740 99.070 -0.984
201503 0.408 99.621 0.540
201506 0.716 100.684 0.937
201509 2.069 100.392 2.716
201512 6.054 99.792 7.994
201603 0.518 100.470 0.679
201606 -0.411 101.688 -0.533
201609 0.878 101.861 1.136
201612 -0.067 101.863 -0.087
201703 0.907 102.862 1.162
201706 0.527 103.349 0.672
201709 0.971 104.136 1.229
201712 0.297 104.011 0.376
201803 1.246 105.290 1.559
201806 0.943 106.317 1.169
201809 2.301 106.507 2.847
201812 0.427 105.998 0.531
201903 1.536 107.251 1.887
201906 1.774 108.070 2.163
201909 2.595 108.329 3.157
201912 1.272 108.420 1.546
202003 -0.831 108.902 -1.006
202006 3.165 108.767 3.835
202009 4.482 109.815 5.378
202012 0.360 109.897 0.432
202103 1.296 111.754 1.528
202106 4.928 114.631 5.665
202109 10.558 115.734 12.021
202112 0.622 117.630 0.697
202203 0.050 121.301 0.054
202206 3.079 125.017 3.245
202209 6.922 125.227 7.284
202212 0.210 125.222 0.221
202303 -1.875 127.348 -1.940
202306 3.495 128.729 3.578
202309 6.470 129.860 6.565
202312 -3.185 129.419 -3.243
202403 -1.096 131.776 -1.096

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.


Sun Communities  (BSP:S2UI34) 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.


Sun Communities Shiller PE Ratio Related Terms

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


Sun Communities (BSP:S2UI34) Business Description

Traded in Other Exchanges
Address
27777 Franklin Road, Suite 200, Southfield, MI, USA, 48034
Sun Communities is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently owns a portfolio of 670 properties, which includes 353 manufactured housing communities, 182 residential vehicle communities, and 135 marina properties. Sun targets owning properties that are desirable as second homes or vacation properties with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.

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