Ajial Real Estate & Entertainment Co (KUW:AREEC) Shiller PE Ratio : 27.00 (As of Jun. 24, 2024)

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What is Ajial Real Estate & Entertainment Co Shiller PE Ratio?

As of today (2024-06-24), Ajial Real Estate & Entertainment Co's current share price is KWD0.27. Ajial Real Estate & Entertainment Co's E10 for the quarter that ended in Mar. 2024 was KWD0.01. Ajial Real Estate & Entertainment Co's Shiller PE Ratio for today is 27.00.

The historical rank and industry rank for Ajial Real Estate & Entertainment Co's Shiller PE Ratio or its related term are showing as below:

KUW:AREEC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.28 Med: 25.43 Max: 28
Current: 19.28

During the past years, Ajial Real Estate & Entertainment Co's highest Shiller PE Ratio was 28.00. The lowest was 19.28. And the median was 25.43.

KUW:AREEC's Shiller PE Ratio is ranked worse than
74.77% of 1078 companies
in the Real Estate industry
Industry Median: 10.88 vs KUW:AREEC: 19.28

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.

Ajial Real Estate & Entertainment Co's adjusted earnings per share data for the three months ended in Mar. 2024 was KWD0.008. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is KWD0.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Ajial Real Estate & Entertainment Co Shiller PE Ratio Historical Data

The historical data trend for Ajial Real Estate & Entertainment Co'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.

Ajial Real Estate & Entertainment Co Shiller PE Ratio Chart

Ajial Real Estate & Entertainment Co Annual Data

Trend

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Dec23

Shiller PE Ratio

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21.00

18.57

Ajial Real Estate & Entertainment Co 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															18.57	18.55	18.40	18.57	18.51

Competitive Comparison of Ajial Real Estate & Entertainment Co's Shiller PE Ratio

For the Real Estate Services subindustry, Ajial Real Estate & Entertainment Co'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.

Ajial Real Estate & Entertainment Co's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Ajial Real Estate & Entertainment Co's Shiller PE Ratio falls into.

Ajial Real Estate & Entertainment Co 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.

Ajial Real Estate & Entertainment Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio	=	Share Price	/	E10
	=	0.27	/	0.01
	=	27.00

Ajial Real Estate & Entertainment Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Ajial Real Estate & Entertainment Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS	=	Earnings per Share (Diluted)	/	CPI of Mar. 2024 (Change)	*	Current CPI (Mar. 2024)
	=	0.008	/	131.7762	*	131.7762
	=	0.008

Current CPI (Mar. 2024) = 131.7762.

Ajial Real Estate & Entertainment Co Quarterly Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
201406	-0.001	100.560	-0.001
201409	0.007	100.428	0.009
201412	-0.005	99.070	-0.007
201503	0.002	99.621	0.003
201506	0.004	100.684	0.005
201509	0.003	100.392	0.004
201512	-0.005	99.792	-0.007
201603	0.004	100.470	0.005
201606	0.004	101.688	0.005
201609	0.004	101.861	0.005
201612	-0.004	101.863	-0.005
201703	0.005	102.862	0.006
201706	0.003	103.349	0.004
201709	0.008	104.136	0.010
201712	-0.002	104.011	-0.003
201803	0.005	105.290	0.006
201806	0.007	106.317	0.009
201809	0.003	106.507	0.004
201812	-0.003	105.998	-0.004
201903	0.004	107.251	0.005
201906	0.005	108.070	0.006
201909	0.005	108.329	0.006
201912	-0.005	108.420	-0.006
202003	0.003	108.902	0.004
202006	0.002	108.767	0.002
202009	0.003	109.815	0.004
202012	-0.002	109.897	-0.002
202103	0.008	111.754	0.009
202106	0.005	114.631	0.006
202109	0.005	115.734	0.006
202112	0.002	117.630	0.002
202203	0.004	121.301	0.004
202206	0.004	125.017	0.004
202209	0.004	125.227	0.004
202212	0.007	125.222	0.007
202303	0.004	127.348	0.004
202306	0.006	128.729	0.006
202309	0.007	129.860	0.007
202312	0.004	129.419	0.004
202403	0.008	131.776	0.008

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.

Ajial Real Estate & Entertainment Co (KUW:AREEC) 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.

Ajial Real Estate & Entertainment Co Shiller PE Ratio Related Terms

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Ajial Real Estate & Entertainment Co (KUW:AREEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ajial Real Estate & Entertainment Co (KUW:AREEC) » Definitions » Shiller PE Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Hamra Tower, 26th Floor, Office No. 2, P.O. Box 22448, Safat, Kuwait City, KWT, 13085

Website

http://www.ajial-realestate.com

Ajial Real Estate & Entertainment Co is a real estate company. Its activities include buying and selling lands, renting and selling of real estate domestically and outside Kuwait, establishing and maintaining residential complexes, the building of commercial markets and entertainment centres, touristic facilities and special accommodations, provide contracting services and trading of building materials. The company's segments include Real estate investing activities that invests and trades in real estate and construction or development of real estate for the sale; and Equities and other investing activities that invest in financial and real estate funds and manages the group's liquidity requirements.

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