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Redefine PropertiesJSE:RDF -0.34%54 Shiller PE Ratio is 12.53 as of Sep. 15, 2026, which is 70% above its 10-year median of 7.36. GuruFocus rates JSE:RDF with a GF Score™ of 54/100 and a GF Value™ of R3.56 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 478 REITs companies, Redefine Properties ranks better than 51.46% on this metric.
The historical rank and industry rank for Redefine Properties's Shiller PE Ratio or its related term are showing as below:
JSE:RDF'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.85 Med: 7.36 Max: 14.98
Current: 12.57
During the past 13 years, Redefine Properties's highest Shiller PE Ratio was 14.98. The lowest was 1.85. And the median was 7.36.
JSE:RDF's Shiller PE Ratio is ranked better than 51.46% of 478
companies
in the REITs industry
Industry Median: 12.835
vs JSE:RDF: 12.57
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.
Redefine Properties's adjusted earnings per share data of for the fiscal year that ended in Aug25 was R0.592. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R0.47 for the trailing ten years ended in Aug25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Redefine Properties (JSE:RDF) 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.
Redefine Properties Shiller PE Ratio Related Terms
Redefine Properties Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Redefine 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.
For the REIT - Diversified subindustry, Redefine 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.
Redefine Properties Shiller PE Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Redefine Properties's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Redefine Properties's Shiller PE Ratio falls into.
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.
* 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.
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.
Redefine Properties (JSE:RDF) has a Shiller PE Ratio of 12.53 as of Sep. 15, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Redefine Properties and its competitors. This is 70% above median its historical median of 7.36. Over the past decade, Redefine Properties' Shiller PE Ratio has ranged from 1.85 to 14.98. According to the industry distribution chart, Redefine Properties ranks #232 out of 478 companies in the REITs industry, placing it in the top 48.5%.
Is Redefine Properties' Shiller PE Ratio too high?
Redefine Properties' current Shiller PE Ratio of 12.53 is 70% above median its 10-year median of 7.36. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 14.98. The REITs industry median Shiller PE Ratio is 12.84. Redefine Properties' value of 12.53 is 2.4% below this industry median. Based on the distribution chart, Redefine Properties ranks #232 out of 478 companies in the REITs industry, which is above the industry midpoint. Overall, Redefine Properties has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Redefine Properties' Shiller PE Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Redefine Properties ranks #232 out of 478 companies for Shiller PE Ratio. This puts Redefine Properties in the upper half of its industry. The industry median Shiller PE Ratio is 12.84. Redefine Properties' value of 12.53 is 2.4% below this benchmark. Historically, Redefine Properties' own Shiller PE Ratio has ranged from 1.85 to 14.98 over the past decade. While the company's 10-year median is 7.36 vs. the industry median of 12.84, Redefine Properties has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a REITs company?
The median Shiller PE Ratio among REITs companies is 12.84, based on 478 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Redefine Properties's current Shiller PE Ratio of 12.53 is 2.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Redefine Properties and its competitors. For the REITs industry, the median Shiller PE Ratio is 12.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redefine Properties's current Shiller PE Ratio is 12.53, which is 70% above median its own 10-year median of 7.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redefine Properties stock overvalued right now?
Based on GuruFocus' analysis, Redefine Properties (JSE:RDF) is currently considered Significantly Overvalued. The stock's GF Value™ is R3.56, compared to a current price of R5.89 — trading 65.4% above its estimated fair value. The current Shiller PE Ratio is 12.53, which is 70% above median its 10-year median of 7.36 and 2.4% below the REITs industry median of 12.84. Redefine Properties' overall GF Score™ is 54/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Redefine Properties (JSE:RDF), the current Shiller PE Ratio is 12.53 as of Sep. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Redefine Properties (JSE:RDF) Overvalued in 2026?
Based on GuruFocus' analysis, Redefine Properties stock appears to be overvalued.
The current stock price of R5.89 is trading 65.4% above its estimated GF Value™ of R3.56.
GuruFocus considers Redefine Properties to be Significantly Overvalued.
Key valuation signals for JSE:RDF:
Shiller PE Ratio: 12.53 (70% above median its 10-year median of 7.36)
GF Value™: R3.56 vs. price of R5.89 (65.4% above fair value)
Industry Position: 2.4% below the REITs median (#232 of 478)
No single metric tells the full story. See the JSE:RDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland. Within South Africa, over half of the Company's properties by total value are situated in the province of Gauteng. The Group comprises the South Africa portfolio segment, including office, retail, industrial, specialised, and head office. Its international portfolio includes EPP, which is mainly retail; Redefine Europe, which is mainly industrial; Self Storage Investments, which is mainly self-storage; and Lango Real Estate, which represents the head office, along with head office funding related to international investments.
54GF Score
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