DLR (Digital Realty Trust) Shiller PE Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DLR Digital Realty Trust Inc DLR
86 GF Score
Price $186.33
GF Value $184.51
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is Digital Realty Trust Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Digital Realty Trust  (NYSE:DLR) 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.


Digital Realty Trust Shiller PE Ratio Related Terms


Digital Realty Trust Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Digital Realty 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.

Digital Realty Trust Shiller PE Ratio Chart

Digital Realty 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 80.69 44.49 57.27 72.50 58.25

Digital Realty 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 66.16 65.73 57.60 65.63 62.53

DLR vs AMT, IRM, EQIX: Shiller PE Ratio Comparison

For the REIT - Specialty subindustry, Digital Realty 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.


Digital Realty Trust Shiller PE Ratio vs REITs Industry

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

* The bar in red indicates where Digital Realty Trust's Shiller PE Ratio falls into.


DLR
86GF Score
Digital Realty Trust Inc DLR
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Digital Realty 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.

Digital Realty Trust's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Digital Realty 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)
=1.2137/333.9520*333.9520
=1.214

Current CPI (Jun. 2026) = 333.9520.

Digital Realty Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 1.254 241.428 1.735
201612 0.486 241.432 0.673
201703 0.412 243.801 0.565
201706 0.358 244.955 0.487
201709 -0.024 246.819 -0.033
201712 0.259 246.524 0.350
201803 0.418 249.554 0.559
201806 0.315 251.989 0.418
201809 0.325 252.439 0.430
201812 0.151 251.233 0.200
201903 0.460 254.202 0.604
201906 0.152 256.143 0.198
201909 0.238 256.759 0.309
201912 1.501 256.974 1.950
202003 0.904 258.115 1.169
202006 0.201 257.797 0.260
202009 -0.138 260.280 -0.177
202012 0.157 260.474 0.202
202103 1.321 264.877 1.665
202106 0.451 271.696 0.554
202109 0.437 274.310 0.532
202112 3.713 278.802 4.447
202203 0.221 287.504 0.257
202206 0.187 296.311 0.211
202209 0.754 296.808 0.848
202212 -0.025 296.797 -0.028
202303 0.201 301.836 0.222
202306 0.352 305.109 0.385
202309 2.333 307.789 2.532
202312 0.059 306.746 0.065
202403 0.822 312.332 0.879
202406 0.199 314.175 0.211
202409 0.093 315.301 0.098
202412 0.513 315.605 0.543
202503 0.272 319.799 0.284
202506 2.939 322.561 3.042
202509 0.148 324.800 0.152
202512 0.239 324.054 0.246
202603 0.455 330.213 0.460
202606 1.214 333.952 1.214

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.

Is Digital Realty Trust (DLR) Overvalued in 2026?

Based on GuruFocus' analysis, Digital Realty Trust stock appears to be overvalued. The current stock price of $186.33 is trading 1% above its estimated GF Value™ of $184.51. GuruFocus considers Digital Realty Trust to be Fairly Valued.

Key valuation signals for DLR:

  • Shiller PE Ratio:
  • GF Value™: $184.51 vs. price of $186.33 (1% above fair value)
  • GF Score™: 86/100 with 10 warning signs

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


Digital Realty Trust Business Description

Industry Real EstateREITs
Address 2323 Bryan Street, Suite 1800, Dallas, TX, USA, 75201
Digital Realty is one of the leading providers of cloud- and carrier-neutral data centers, offering colocation and interconnection services to hyperscalers and large businesses. Digital Realty operates 300 properties in 57 metropolitan areas across 31 countries, serving 5,000 customers. Renting physical space accounts for about 90% of Digital Realty's revenue. The firm enables hyperscalers and other clients to store servers, data, and networking equipment. The other 10% of revenue is generated primarily through interconnection services (8%) and other fee income (2%).
86GF Score

Get the complete analysis for DLR

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

$186.33
Price
$184.51
GF Value