CDPYF Shiller PE Ratio: 7.25 (As of Sep. 09, 2026) — 26% Below Median

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CDPYF Canadian Apartment Properties Real Estate Investment Trust CDPYF
66 GF Score
Price $23.20
GF Value $29.99
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Canadian Apartment Properties Real Estate Investment Trust Shiller PE Ratio?

Canadian Apartment Properties Real Estate Investment Trust CDPYF -1.65% 66 Shiller PE Ratio is 7.25 as of Sep. 09, 2026, which is 26% below its 10-year median of 9.76. GuruFocus rates CDPYF with a GF Score™ of 66/100 and a GF Value™ of $29.99 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 476 REITs companies, Canadian Apartment Properties Real Estate Investment Trust ranks better than 84.87% on this metric.

As of today (2026-09-09), Canadian Apartment Properties Real Estate Investment Trust's current share price is $23.20. Canadian Apartment Properties Real Estate Investment Trust's E10 for the quarter that ended in Jun. 2026 was $3.20. Canadian Apartment Properties Real Estate Investment Trust's Shiller PE Ratio for today is 7.25.

The historical rank and industry rank for Canadian Apartment Properties Real Estate Investment Trust's Shiller PE Ratio or its related term are showing as below:

CDPYF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.09   Med: 9.76   Max: 12.86
Current: 7.09

During the past years, Canadian Apartment Properties Real Estate Investment Trust's highest Shiller PE Ratio was 12.86. The lowest was 7.09. And the median was 9.76.

CDPYF's Shiller PE Ratio is ranked better than
84.87% of 476 companies
in the REITs industry
Industry Median: 13.11 vs CDPYF: 7.09

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.

Canadian Apartment Properties Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Jun. 2026 was $-0.295. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.20 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian Apartment Properties Real Estate Investment Trust  (OTCPK:CDPYF) 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.


Canadian Apartment Properties Real Estate Investment Trust Shiller PE Ratio Related Terms


Canadian Apartment Properties Real Estate Investment Trust Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Canadian Apartment Properties Real Estate Investment Trust'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.

Canadian Apartment Properties Real Estate Investment Trust Shiller PE Ratio Chart

Canadian Apartment Properties Real Estate Investment Trust 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 10.71 7.91 9.76 8.70 7.74

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 9.22 8.39 7.74 7.67 7.69

CDPYF vs VMRK, EQR, ESS: Shiller PE Ratio Comparison

For the REIT - Residential subindustry, Canadian Apartment Properties Real Estate Investment Trust'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.


Canadian Apartment Properties Real Estate Investment Trust Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Canadian Apartment Properties Real Estate Investment Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Apartment Properties Real Estate Investment Trust's Shiller PE Ratio falls into.


CDPYF
66GF Score
Canadian Apartment Properties Real Estate Investment Trust CDPYF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Apartment Properties Real Estate Investment Trust 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.

Canadian Apartment Properties Real Estate Investment Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=23.20/3.20
=7.25

* 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.

Canadian Apartment Properties Real Estate Investment Trust's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Canadian Apartment Properties Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.295/133.5265*133.5265
=-0.295

Current CPI (Jun. 2026) = 133.5265.

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.744 101.765 0.976
201612 0.686 101.449 0.903
201703 0.770 102.634 1.002
201706 0.563 103.029 0.730
201709 1.273 103.345 1.645
201712 2.136 103.345 2.760
201803 0.553 105.004 0.703
201806 1.375 105.557 1.739
201809 0.629 105.636 0.795
201812 3.791 105.399 4.803
201903 1.006 106.979 1.256
201906 0.793 107.690 0.983
201909 1.551 107.611 1.925
201912 2.315 107.769 2.868
202003 0.334 107.927 0.413
202006 0.264 108.401 0.325
202009 1.317 108.164 1.626
202012 2.202 108.559 2.708
202103 0.478 110.298 0.579
202106 2.139 111.720 2.557
202109 0.863 112.905 1.021
202112 2.824 113.774 3.314
202203 0.203 117.646 0.230
202206 -1.112 120.806 -1.229
202209 0.271 120.648 0.300
202212 0.654 120.964 0.722
202303 -0.442 122.702 -0.481
202306 0.177 124.203 0.190
202309 -1.562 125.230 -1.665
202312 0.039 125.072 0.042
202403 0.792 126.258 0.838
202406 0.482 127.522 0.505
202409 0.206 127.285 0.216
202412 -0.199 127.364 -0.209
202503 0.034 129.181 0.035
202506 0.339 129.892 0.348
202509 0.119 130.287 0.122
202512 0.403 130.366 0.413
202603 -0.856 132.262 -0.864
202606 -0.295 133.527 -0.295

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 7.25 mean?
Canadian Apartment Properties Real Estate Investment Trust (CDPYF) has a Shiller PE Ratio of 7.25 as of Sep. 09, 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 Canadian Apartment Properties Real Estate Investment Trust and its competitors. This is 26% below median its historical median of 9.76. Over the past decade, Canadian Apartment Properties Real Estate Investment Trust's Shiller PE Ratio has ranged from 7.09 to 12.86. According to the industry distribution chart, Canadian Apartment Properties Real Estate Investment Trust ranks #72 out of 476 companies in the REITs industry, placing it in the top 15.1%.
Is Canadian Apartment Properties Real Estate Investment Trust's Shiller PE Ratio too high?
Canadian Apartment Properties Real Estate Investment Trust's current Shiller PE Ratio of 7.25 is 26% below median its 10-year median of 9.76. Over the past 10 years, this metric has ranged from a low of 7.09 to a high of 12.86. The REITs industry median Shiller PE Ratio is 13.11. Canadian Apartment Properties Real Estate Investment Trust's value of 7.25 is 44.7% below this industry median. Based on the distribution chart, Canadian Apartment Properties Real Estate Investment Trust ranks #72 out of 476 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Canadian Apartment Properties Real Estate Investment Trust has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Apartment Properties Real Estate Investment Trust's Shiller PE Ratio compare to VMRK and EQR?
According to the REITs industry distribution chart, Canadian Apartment Properties Real Estate Investment Trust ranks #72 out of 476 companies for Shiller PE Ratio. This places Canadian Apartment Properties Real Estate Investment Trust in the top 15% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 13.11. Canadian Apartment Properties Real Estate Investment Trust's value of 7.25 is 44.7% below this benchmark. Historically, Canadian Apartment Properties Real Estate Investment Trust's own Shiller PE Ratio has ranged from 7.09 to 12.86 over the past decade. While the company's 10-year median is 9.76 vs. the industry median of 13.11, Canadian Apartment Properties Real Estate Investment Trust has consistently been below 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 13.11, based on 476 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. Canadian Apartment Properties Real Estate Investment Trust's current Shiller PE Ratio of 7.25 is 44.7% below 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 Canadian Apartment Properties Real Estate Investment Trust and its competitors. For the REITs industry, the median Shiller PE Ratio is 13.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Apartment Properties Real Estate Investment Trust's current Shiller PE Ratio is 7.25, which is 26% below median its own 10-year median of 9.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Apartment Properties Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Canadian Apartment Properties Real Estate Investment Trust (CDPYF) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.99, compared to a current price of $23.20 — trading 22.6% below its estimated fair value. The current Shiller PE Ratio is 7.25, which is 26% below median its 10-year median of 9.76 and 44.7% below the REITs industry median of 13.11. Canadian Apartment Properties Real Estate Investment Trust's overall GF Score™ is 66/100 with 6 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 Canadian Apartment Properties Real Estate Investment Trust (CDPYF), the current Shiller PE Ratio is 7.25 as of Sep. 09, 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 Canadian Apartment Properties Real Estate Investment Trust (CDPYF) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Apartment Properties Real Estate Investment Trust stock appears to be undervalued. The current stock price of $23.20 is trading 22.6% below its estimated GF Value™ of $29.99. GuruFocus considers Canadian Apartment Properties Real Estate Investment Trust to be Modestly Undervalued.

Key valuation signals for CDPYF:

  • Shiller PE Ratio: 7.25 (26% below median its 10-year median of 9.76)
  • GF Value™: $29.99 vs. price of $23.20 (22.6% below fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 44.7% below the REITs median (#72 of 476)

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


Canadian Apartment Properties Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges 0OJ:GermanyCAR.UN:Canada
Address 11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust. It owns and manages interests in multi-unit residential rental properties, principally located in and near urban centres across Canada, and to a lesser extent, in the Netherlands. The company operates in the following reportable segments: Canada and Europe. The majority of its revenue is derived from its income-producing real estate properties located in Canada.
66GF Score

Get the complete analysis for CDPYF

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

$23.20
Price
$29.99
GF Value