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Growthpoint Properties (JSE:GRT) Shiller PE Ratio : 7.64 (As of Dec. 14, 2024)


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What is Growthpoint Properties Shiller PE Ratio?

As of today (2024-12-14), Growthpoint Properties's current share price is R13.30. Growthpoint Properties's E10 for the fiscal year that ended in Jun24 was R1.74. Growthpoint Properties's Shiller PE Ratio for today is 7.64.

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

JSE:GRT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.52   Med: 14.9   Max: 247.33
Current: 7.59

During the past 13 years, Growthpoint Properties's highest Shiller PE Ratio was 247.33. The lowest was 4.52. And the median was 14.90.

JSE:GRT's Shiller PE Ratio is ranked better than
76.57% of 461 companies
in the REITs industry
Industry Median: 12.38 vs JSE:GRT: 7.59

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.

Growthpoint Properties's adjusted earnings per share data of for the fiscal year that ended in Jun24 was R0.372. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R1.74 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Growthpoint Properties Shiller PE Ratio Historical Data

The historical data trend for Growthpoint Properties'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.

Growthpoint Properties Shiller PE Ratio Chart

Growthpoint Properties Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.32 10.83 6.87 5.67 6.98

Growthpoint Properties Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 6.87 - 5.67 - 6.98

Competitive Comparison of Growthpoint Properties's Shiller PE Ratio

For the REIT - Diversified subindustry, Growthpoint Properties'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.


Growthpoint Properties's Shiller PE Ratio Distribution in the REITs Industry

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

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



Growthpoint Properties 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.

Growthpoint Properties's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13.30/1.74
=7.64

* 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.

Growthpoint Properties's E10 for the fiscal year that ended in Jun24 is calculated as:

For example, Growthpoint Properties's adjusted earnings per share data for the fiscal year that ended in Jun24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun24 (Change)*Current CPI (Jun24)
=0.372/156.2282*156.2282
=0.372

Current CPI (Jun24) = 156.2282.

Growthpoint Properties Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 2.927 100.173 4.565
201606 1.895 106.713 2.774
201706 2.662 112.054 3.711
201806 2.280 116.959 3.046
201906 2.137 122.191 2.732
202006 -2.299 124.807 -2.878
202106 -0.153 131.113 -0.182
202206 2.321 140.835 2.575
202306 0.689 148.802 0.723
202406 0.372 156.228 0.372

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.


Growthpoint Properties  (JSE:GRT) 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.


Growthpoint Properties Shiller PE Ratio Related Terms

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


Growthpoint Properties Business Description

Traded in Other Exchanges
N/A
Address
The Place, 1 Sandton Drive, Sandton, GT, ZAF, 2196
Growthpoint Properties Ltd is a property investment holding company engaged in the ownership of a variety of properties in South Africa and Australia. The company generates majority of its revenue from the Retail and office segments. These buildings, which are mainly office parks and low rises, are also Growthpoint's maximum valuable real estate assets. The operating segments of the company include Retail, Office, Industrial, Trading and Development, V&A Waterfront, Healthcare (GHPH), Student Accommodation (GSAH), Lango, GWI, GOZ and C&R.

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