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HomeFed (HomeFed) Shiller PE Ratio : 51.88 (As of May. 22, 2024)


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What is HomeFed Shiller PE Ratio?

As of today (2024-05-22), HomeFed's current share price is $38.39. HomeFed's E10 for the quarter that ended in Mar. 2019 was $0.74. HomeFed's Shiller PE Ratio for today is 51.88.

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

HOFD's Shiller PE Ratio is not ranked *
in the Real Estate industry.
Industry Median: 11.23
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

HomeFed's adjusted earnings per share data for the three months ended in Mar. 2019 was $-0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.74 for the trailing ten years ended in Mar. 2019.

Shiller PE for Stocks: The True Measure of Stock Valuation


HomeFed Shiller PE Ratio Historical Data

The historical data trend for HomeFed'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.

HomeFed Shiller PE Ratio Chart

HomeFed Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.35 54.71 75.40 88.75 50.95

HomeFed Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 85.45 82.21 90.26 50.95 51.54

Competitive Comparison of HomeFed's Shiller PE Ratio

For the Real Estate - Development subindustry, HomeFed'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.


HomeFed's Shiller PE Ratio Distribution in the Real Estate Industry

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

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



HomeFed 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.

HomeFed's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=38.39/0.74
=51.88

* 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.

HomeFed's E10 for the quarter that ended in Mar. 2019 is calculated as:

For example, HomeFed's adjusted earnings per share data for the three months ended in Mar. 2019 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2019 (Change)*Current CPI (Mar. 2019)
=-0.22/107.2505*107.2505
=-0.220

Current CPI (Mar. 2019) = 107.2505.

HomeFed Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200906 -0.060 91.003 -0.071
200909 0.270 91.120 0.318
200912 0.200 91.111 0.235
201003 -0.180 91.821 -0.210
201006 -0.180 91.962 -0.210
201009 0.090 92.162 0.105
201012 0.720 92.474 0.835
201103 -0.010 94.283 -0.011
201106 -0.163 95.235 -0.184
201109 0.240 95.727 0.269
201112 0.500 95.213 0.563
201203 -0.050 96.783 -0.055
201206 -0.181 96.819 -0.201
201209 0.260 97.633 0.286
201212 0.730 96.871 0.808
201303 -0.100 98.209 -0.109
201306 -0.140 98.518 -0.152
201309 0.110 98.790 0.119
201312 1.560 98.326 1.702
201403 -0.242 99.695 -0.260
201406 0.080 100.560 0.085
201409 0.100 100.428 0.107
201412 0.220 99.070 0.238
201503 -0.210 99.621 -0.226
201506 -0.100 100.684 -0.107
201509 0.130 100.392 0.139
201512 0.550 99.792 0.591
201603 -0.090 100.470 -0.096
201606 2.040 101.688 2.152
201609 0.090 101.861 0.095
201612 0.080 101.863 0.084
201703 0.020 102.862 0.021
201706 0.880 103.349 0.913
201709 0.030 104.136 0.031
201712 -0.220 104.011 -0.227
201803 0.570 105.290 0.581
201806 0.040 106.317 0.040
201809 -0.800 106.507 -0.806
201812 0.186 105.998 0.188
201903 -0.220 107.251 -0.220

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.


HomeFed  (OTCPK:HOFD) 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.


HomeFed Shiller PE Ratio Related Terms

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


HomeFed (HomeFed) Business Description

Traded in Other Exchanges
N/A
Address
1903 Wright Place, Suite 220, Carlsbad, CA, USA, 92008
HomeFed Corp is a real estate development company. The company segmented its operating activities into three reportable segments, Real Estate, Farming, and Corporate. The Real Estate operations consist of a variety of residential and commercial land development projects and other unimproved lands, and retail and office operating properties. Real Estate also includes equity method investments in BRP Holding and BRP Hotel. Farming operations consist of the Rampage property, a project with which it is conducting farming activities during the lengthy entitlement and development process. Corporate primarily consists of interest income and overhead expenses. Its property portfolio consists of master planned communities, income properties, and land holdings.
Executives
Brian P Friedman director
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Joseph S Steinberg director C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Patrick D Bienvenue director 1903 WRIGHT PLACE STE 220, CARLSBAD CA 92008
Ian M. Cumming director PO BOX 4902, JACKSON WY 83001