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CIM Real Estate Finance Trust (CIM Real Estate Finance Trust) Shiller PE Ratio : 14.97 (As of May. 06, 2024)


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What is CIM Real Estate Finance Trust Shiller PE Ratio?

As of today (2024-05-06), CIM Real Estate Finance Trust's current share price is $3.5932. CIM Real Estate Finance Trust's E10 for the quarter that ended in Dec. 2023 was $0.24. CIM Real Estate Finance Trust's Shiller PE Ratio for today is 14.97.

The historical rank and industry rank for CIM Real Estate Finance Trust's Shiller PE Ratio or its related term are showing as below:

CMRF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.96   Max: 26.18
Current: 15.23

During the past years, CIM Real Estate Finance Trust's highest Shiller PE Ratio was 26.18. The lowest was 0.01. And the median was 0.96.

CMRF's Shiller PE Ratio is ranked worse than
61.3% of 447 companies
in the REITs industry
Industry Median: 11.52 vs CMRF: 15.23

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.

CIM Real Estate Finance Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CIM Real Estate Finance Trust Shiller PE Ratio Historical Data

The historical data trend for CIM Real Estate Finance 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.

* Premium members only.

CIM Real Estate Finance Trust Shiller PE Ratio Chart

CIM Real Estate Finance Trust 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 - - - 0.01 16.15

CIM Real Estate Finance Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.01 0.01 20.75 15.19 16.15

Competitive Comparison of CIM Real Estate Finance Trust's Shiller PE Ratio

For the REIT - Retail subindustry, CIM Real Estate Finance 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.


CIM Real Estate Finance Trust's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where CIM Real Estate Finance Trust's Shiller PE Ratio falls into.



CIM Real Estate Finance 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.

CIM Real Estate Finance Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.5932/0.24
=14.97

* 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.

CIM Real Estate Finance Trust's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, CIM Real Estate Finance Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.11/129.4194*129.4194
=-0.110

Current CPI (Dec. 2023) = 129.4194.

CIM Real Estate Finance Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.010 99.695 0.013
201406 0.010 100.560 0.013
201409 -0.010 100.428 -0.013
201412 0.030 99.070 0.039
201503 0.050 99.621 0.065
201506 0.060 100.684 0.077
201509 0.060 100.392 0.077
201512 0.040 99.792 0.052
201603 0.060 100.470 0.077
201606 0.060 101.688 0.076
201609 0.060 101.861 0.076
201612 0.050 101.863 0.064
201703 0.050 102.862 0.063
201706 0.060 103.349 0.075
201709 0.100 104.136 0.124
201712 0.040 104.011 0.050
201803 0.060 105.290 0.074
201806 0.060 106.317 0.073
201809 0.050 106.507 0.061
201812 -0.050 105.998 -0.061
201903 0.030 107.251 0.036
201906 0.030 108.070 0.036
201909 0.010 108.329 0.012
201912 0.520 108.420 0.621
202003 -0.040 108.902 -0.048
202006 -0.010 108.767 -0.012
202009 0.010 109.815 0.012
202012 -0.040 109.897 -0.047
202103 -0.010 111.754 -0.012
202106 0.160 114.631 0.181
202109 0.120 115.734 0.134
202112 -0.030 117.630 -0.033
202203 0.090 121.301 0.096
202206 0.170 125.017 0.176
202209 0.040 125.227 0.041
202212 0.036 125.222 0.037
202303 0.120 127.348 0.122
202306 0.070 128.729 0.070
202309 -0.030 129.860 -0.030
202312 -0.110 129.419 -0.110

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.


CIM Real Estate Finance Trust  (OTCPK:CMRF) 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.


CIM Real Estate Finance Trust Shiller PE Ratio Related Terms

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


CIM Real Estate Finance Trust (CIM Real Estate Finance Trust) Business Description

Traded in Other Exchanges
N/A
Address
2398 East Camelback Road, 4th Floor, Phoenix, AZ, USA, 85016
CIM Real Estate Finance Trust Inc is a real estate investment trust. The company invests in commercial real estate investments consisting of necessity retail properties located throughout the United States. The company operates a diversified portfolio of core commercial real estate consisting of net leased properties located throughout the United States and short-duration senior secured loans and other credit investments.
Executives
Jason K Schreiber director 263 NINTH AVENUE APARTMENT 9B, NEW YORK NY 10001
Krol Emily Vande director 30003 N. 68TH STREET, SCOTTSDALE AZ 85266
Roger Snell director 2325 E CAMELBACK RD, SUITE 1100, PHOENIX AZ 85016
Stephen O Evans director 5825 EAST STARLIGHT WAY, PARADISE VALLEY AZ 85253
Gary Robert A Iv director 1551 NORTH TUSTIN AVENUE, SUITE 200, SANTA ANA CA 92705
Calvin E Hollis director 2325 E. CAMELBACK ROAD, 10TH FLOOR, PHOENIX AZ 85016
Marcus E Bromley director
Howard A Silver director 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Elaine Y Wong director 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Avraham Shemesh director C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
W Brian Kretzmer director 26110 ENTERPRISE WAY, STE 200, LAKE FOREST CA 92630
Richard S Ressler director, officer: CEO & President C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Smith Jeffrey Randall Jr officer: See Remarks COLE CAPITAL, 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Nathan David Debacker officer: See Remarks 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Glenn J Rufrano director C/O NEW PLAN EXCEL REALTY TRUST, INC., 1120 AVENUE OF THE AMERICAS, SUITE 1200, NEW YORK NY 10036

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