IRM (Iron Mountain) Shiller PE Ratio: (As of Sep. 21, 2026)

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IRM Iron Mountain Inc IRM
85 GF Score
Price $116.89
GF Value $118.92
Valuation Fairly Valued
! 7 Warning Signs
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What is Iron Mountain Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Iron Mountain  (NYSE:IRM) 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.


Iron Mountain Shiller PE Ratio Related Terms


Iron Mountain Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Iron Mountain'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.

Iron Mountain Shiller PE Ratio Chart

Iron Mountain 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 48.28 41.00 55.76 92.61 73.08

Iron Mountain 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 92.99 90.61 72.26 86.78 102.52

IRM vs CCI, SBAC, WY: Shiller PE Ratio Comparison

For the REIT - Specialty subindustry, Iron Mountain'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.


Iron Mountain Shiller PE Ratio vs REITs Industry

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

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


IRM
85GF Score
Iron Mountain Inc IRM
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Iron Mountain 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.

Iron Mountain's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Iron Mountain'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)
=0.3383/333.9520*333.9520
=0.338

Current CPI (Jun. 2026) = 333.9520.

Iron Mountain Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.026 241.428 0.035
201612 0.185 241.432 0.256
201703 0.220 243.801 0.301
201706 0.291 244.955 0.397
201709 0.094 246.819 0.127
201712 0.079 246.524 0.107
201803 0.156 249.554 0.209
201806 0.320 251.989 0.424
201809 0.230 252.439 0.304
201812 0.550 251.233 0.731
201903 0.103 254.202 0.135
201906 0.322 256.143 0.419
201909 0.374 256.759 0.487
201912 0.131 256.974 0.170
202003 0.222 258.115 0.288
202006 -0.025 257.797 -0.032
202009 0.133 260.280 0.171
202012 0.856 260.474 1.097
202103 0.158 264.877 0.199
202106 0.946 271.696 1.162
202109 0.232 274.310 0.283
202112 0.211 278.802 0.253
202203 0.145 287.504 0.168
202206 0.684 296.311 0.771
202209 0.657 296.808 0.739
202212 0.418 296.797 0.470
202303 0.220 301.836 0.244
202306 0.000 305.109 0.000
202309 0.309 307.789 0.336
202312 0.097 306.746 0.105
202403 0.251 312.332 0.268
202406 0.121 314.175 0.129
202409 -0.115 315.301 -0.121
202412 0.350 315.605 0.370
202503 0.054 319.799 0.057
202506 -0.152 322.561 -0.157
202509 0.283 324.800 0.291
202512 0.299 324.054 0.308
202603 0.481 330.213 0.486
202606 0.338 333.952 0.338

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 Iron Mountain (IRM) Overvalued in 2026?

Based on GuruFocus' analysis, Iron Mountain stock appears to be undervalued. The current stock price of $116.89 is trading 1.7% below its estimated GF Value™ of $118.92. GuruFocus considers Iron Mountain to be Fairly Valued.

Key valuation signals for IRM:

  • Shiller PE Ratio:
  • GF Value™: $118.92 vs. price of $116.89 (1.7% below fair value)
  • GF Score™: 85/100 with 7 warning signs

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


Iron Mountain Business Description

Industry Real EstateREITs
Address 85 New Hampshire Avenue, Suite 150, Portsmouth, NH, USA, 03801
Iron Mountain Inc is an information management services provider organized and operated as a real estate investment trust. The company offers solutions to its clients to address their information management, digital transformation, information security, data center, and asset lifecycle management (ALM) needs. Its customers come from various industries, including commercial, legal, financial, healthcare, technology, etc. The company has two reportable segments: Global Records and Information Management (Global RIM) and Global Data Center. Maximum revenue is generated from the Global RIM segment, which offers data and records management, secure shredding, consumer storage, and other related services. Geographically, the company generates maximum revenue from the United States.
85GF Score

Get the complete analysis for IRM

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

$116.89
Price
$118.92
GF Value