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Safehold (FRA:J0W) Shiller PE Ratio : (As of Jun. 19, 2024)


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What is Safehold Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Safehold Shiller PE Ratio Historical Data

The historical data trend for Safehold'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.

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Safehold Shiller PE Ratio Chart

Safehold Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
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Safehold Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of Safehold's Shiller PE Ratio

For the REIT - Diversified subindustry, Safehold'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.


Safehold's Shiller PE Ratio Distribution in the REITs Industry

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

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



Safehold 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.

Safehold's E10 for the quarter that ended in Mar. 2023 is calculated as:

For example, Safehold's adjusted earnings per share data for the three months ended in Mar. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.409/127.3478*127.3478
=0.409

Current CPI (Mar. 2023) = 127.3478.

Safehold Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201306 -1.469 98.518 -1.899
201309 -1.683 98.790 -2.170
201312 -3.102 98.326 -4.018
201403 -1.401 99.695 -1.790
201406 -0.874 100.560 -1.107
201409 1.019 100.428 1.292
201412 -1.673 99.070 -2.151
201503 -1.501 99.621 -1.919
201506 -2.005 100.684 -2.536
201509 -0.390 100.392 -0.495
201512 0.459 99.792 0.586
201603 -1.515 100.470 -1.920
201606 2.058 101.688 2.577
201609 2.450 101.861 3.063
201612 -1.600 101.863 -2.000
201703 -2.221 102.862 -2.750
201706 11.348 103.349 13.983
201709 -2.517 104.136 -3.078
201712 -0.370 104.011 -0.453
201803 1.774 105.290 2.146
201806 2.889 106.317 3.460
201809 -1.500 106.507 -1.794
201812 -9.339 105.998 -11.220
201903 -1.438 107.251 -1.707
201906 25.167 108.070 29.656
201909 -0.681 108.329 -0.801
201912 -4.050 108.420 -4.757
202003 -1.584 108.902 -1.852
202006 -1.721 108.767 -2.015
202009 -0.159 109.815 -0.184
202012 -1.336 109.897 -1.548
202103 -0.052 111.754 -0.059
202106 -1.401 114.631 -1.556
202109 8.022 115.734 8.827
202112 0.608 117.630 0.658
202203 2.384 121.301 2.503
202206 -10.051 125.017 -10.238
202209 0.884 125.227 0.899
202212 -7.316 125.222 -7.440
202303 0.409 127.348 0.409

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.


Safehold  (FRA:J0W) 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.


Safehold Shiller PE Ratio Related Terms

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Safehold (FRA:J0W) Business Description

Traded in Other Exchanges
N/A
Address
1114 Avenue of the Americas, 39th Floor, New York, NY, USA, 10036
Safehold Inc is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. It continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk.

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