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Kimco Realty (FRA:KIC) Shiller PE Ratio : 13.94 (As of May. 04, 2024)


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What is Kimco Realty Shiller PE Ratio?

As of today (2024-05-04), Kimco Realty's current share price is €17.70. Kimco Realty's E10 for the quarter that ended in Dec. 2023 was €1.27. Kimco Realty's Shiller PE Ratio for today is 13.94.

The historical rank and industry rank for Kimco Realty's Shiller PE Ratio or its related term are showing as below:

FRA:KIC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.25   Med: 23.32   Max: 36.48
Current: 13.93

During the past years, Kimco Realty's highest Shiller PE Ratio was 36.48. The lowest was 9.25. And the median was 23.32.

FRA:KIC's Shiller PE Ratio is ranked worse than
58.26% of 448 companies
in the REITs industry
Industry Median: 11.495 vs FRA:KIC: 13.93

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.

Kimco Realty's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.202. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kimco Realty Shiller PE Ratio Historical Data

The historical data trend for Kimco Realty'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.

Kimco Realty Shiller PE Ratio Chart

Kimco Realty 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 25.08 14.46 19.88 16.52 15.54

Kimco Realty 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 14.65 14.59 12.85 15.54 -

Competitive Comparison of Kimco Realty's Shiller PE Ratio

For the REIT - Retail subindustry, Kimco Realty'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.


Kimco Realty's Shiller PE Ratio Distribution in the REITs Industry

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

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



Kimco Realty 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.

Kimco Realty's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=17.70/1.27
=13.94

* 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.

Kimco Realty's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Kimco Realty'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)
=0.202/129.4194*129.4194
=0.202

Current CPI (Dec. 2023) = 129.4194.

Kimco Realty Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.130 99.695 0.169
201406 0.132 100.560 0.170
201409 0.341 100.428 0.439
201412 0.073 99.070 0.095
201503 0.656 99.621 0.852
201506 0.241 100.684 0.310
201509 0.134 100.392 0.173
201512 0.799 99.792 1.036
201603 0.278 100.470 0.358
201606 0.409 101.688 0.521
201609 -0.116 101.861 -0.147
201612 0.152 101.863 0.193
201703 0.140 102.862 0.176
201706 0.276 103.349 0.346
201709 0.201 104.136 0.250
201712 0.144 104.011 0.179
201803 0.243 105.290 0.299
201806 0.308 106.317 0.375
201809 0.163 106.507 0.198
201812 0.149 105.998 0.182
201903 0.212 107.251 0.256
201906 0.177 108.070 0.212
201909 0.127 108.329 0.152
201912 0.198 108.420 0.236
202003 0.172 108.902 0.204
202006 1.518 108.767 1.806
202009 -0.085 109.815 -0.100
202012 0.370 109.897 0.436
202103 0.252 111.754 0.292
202106 0.208 114.631 0.235
202109 0.774 115.734 0.866
202112 0.115 117.630 0.127
202203 0.336 121.301 0.358
202206 -0.199 125.017 -0.206
202209 0.081 125.227 0.084
202212 -0.085 125.222 -0.088
202303 0.430 127.348 0.437
202306 0.148 128.729 0.149
202309 0.169 129.860 0.168
202312 0.202 129.419 0.202

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.


Kimco Realty  (FRA:KIC) 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.


Kimco Realty Shiller PE Ratio Related Terms

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


Kimco Realty (FRA:KIC) Business Description

Address
500 North Broadway, Suite 201, Jericho, NY, USA, 11753
One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 5,282 shopping centers throughout major markets in the U.S., representing roughly 77 million square feet.

Kimco Realty (FRA:KIC) Headlines

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