GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ARMOUR Residential REIT Inc (FRA:2AR) » Definitions » Shiller PE Ratio

ARMOUR Residential REIT (FRA:2AR) Shiller PE Ratio : (As of Jun. 09, 2024)


View and export this data going back to 2012. Start your Free Trial

What is ARMOUR Residential REIT Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ARMOUR Residential REIT Shiller PE Ratio Historical Data

The historical data trend for ARMOUR Residential REIT'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.

ARMOUR Residential REIT Shiller PE Ratio Chart

ARMOUR Residential REIT 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 - - - - -

ARMOUR Residential REIT 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 - - - - -

Competitive Comparison of ARMOUR Residential REIT's Shiller PE Ratio

For the REIT - Mortgage subindustry, ARMOUR Residential REIT'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.


ARMOUR Residential REIT's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where ARMOUR Residential REIT's Shiller PE Ratio falls into.



ARMOUR Residential REIT 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.

ARMOUR Residential REIT's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, ARMOUR Residential REIT'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)
=0.221/131.7762*131.7762
=0.221

Current CPI (Mar. 2024) = 131.7762.

ARMOUR Residential REIT Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -6.182 100.560 -8.101
201409 4.346 100.428 5.703
201412 -13.300 99.070 -17.691
201503 -13.675 99.621 -18.089
201506 19.602 100.684 25.655
201509 -23.077 100.392 -30.291
201512 11.888 99.792 15.698
201603 -34.708 100.470 -45.523
201606 2.092 101.688 2.711
201609 13.900 101.861 17.982
201612 11.613 101.863 15.023
201703 6.218 102.862 7.966
201706 3.115 103.349 3.972
201709 2.433 104.136 3.079
201712 6.760 104.011 8.565
201803 3.893 105.290 4.872
201806 0.942 106.317 1.168
201809 4.371 106.507 5.408
201812 -22.590 105.998 -28.084
201903 -9.779 107.251 -12.015
201906 -13.895 108.070 -16.943
201909 -4.949 108.329 -6.020
201912 8.370 108.420 10.173
202003 -31.449 108.902 -38.055
202006 3.419 108.767 4.142
202009 3.651 109.815 4.381
202012 5.343 109.897 6.407
202103 4.326 111.754 5.101
202106 -3.943 114.631 -4.533
202109 1.530 115.734 1.742
202112 -1.425 117.630 -1.596
202203 -3.269 121.301 -3.551
202206 -2.743 125.017 -2.891
202209 -6.040 125.227 -6.356
202212 2.407 125.222 2.533
202303 -0.887 127.348 -0.918
202306 0.923 128.729 0.945
202309 -3.673 129.860 -3.727
202312 1.797 129.419 1.830
202403 0.221 131.776 0.221

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.


ARMOUR Residential REIT  (FRA:2AR) 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.


ARMOUR Residential REIT Shiller PE Ratio Related Terms

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


ARMOUR Residential REIT (FRA:2AR) Business Description

Traded in Other Exchanges
Address
3001 Ocean Drive, Suite 201, Vero Beach, FL, USA, 32963
ARMOUR Residential REIT Inc is a real estate investment trust that invests in residential mortgage-backed securities or RMBS. These are issued or guaranteed by U.S.-government-sponsored enterprises, such as Fannie Mae, Freddie Mac, or Ginnie Mae. The company's investment portfolio is composed of mortgage-backed securities, adjustable-rate mortgage securities, and multifamily mortgage-backed securities. In terms of total fair value, most Armour's investments are long-term, fixed-rate agency RMBS. Multifamily RMBS also represents a substantial amount. Fannie Mae guarantees most of the company's holdings. Armour derives substantially all its revenue as interest income from its investments.

ARMOUR Residential REIT (FRA:2AR) Headlines

No Headlines