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Grainger (LSE:GRI) Shiller PE Ratio : 11.33 (As of Jun. 23, 2024)


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What is Grainger Shiller PE Ratio?

As of today (2024-06-23), Grainger's current share price is £2.38. Grainger's E10 for the fiscal year that ended in Sep23 was £0.21. Grainger's Shiller PE Ratio for today is 11.33.

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

LSE:GRI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.1   Med: 23.78   Max: 243.04
Current: 11.44

During the past 13 years, Grainger's highest Shiller PE Ratio was 243.04. The lowest was 10.10. And the median was 23.78.

LSE:GRI's Shiller PE Ratio is ranked worse than
52.74% of 1077 companies
in the Real Estate industry
Industry Median: 10.95 vs LSE:GRI: 11.44

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.

Grainger's adjusted earnings per share data of for the fiscal year that ended in Sep23 was £0.035. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.21 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grainger Shiller PE Ratio Historical Data

The historical data trend for Grainger'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.

Grainger Shiller PE Ratio Chart

Grainger Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.31 19.66 18.87 11.10 11.23

Grainger Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 - 11.10 - 11.23 -

Competitive Comparison of Grainger's Shiller PE Ratio

For the Real Estate Services subindustry, Grainger'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.


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

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

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



Grainger 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.

Grainger's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.38/0.21
=11.33

* 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.

Grainger's E10 for the fiscal year that ended in Sep23 is calculated as:

For example, Grainger's adjusted earnings per share data for the fiscal year that ended in Sep23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep23 (Change)*Current CPI (Sep23)
=0.035/130.1000*130.1000
=0.035

Current CPI (Sep23) = 130.1000.

Grainger Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.162 100.000 0.211
201509 0.093 100.200 0.121
201609 0.294 101.500 0.377
201709 0.162 104.300 0.202
201809 0.189 106.600 0.231
201909 0.198 108.400 0.238
202009 0.127 109.200 0.151
202109 0.161 112.400 0.186
202209 0.309 122.300 0.329
202309 0.035 130.100 0.035

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.


Grainger  (LSE:GRI) 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.


Grainger Shiller PE Ratio Related Terms

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Grainger (LSE:GRI) Business Description

Traded in Other Exchanges
Address
St James' Boulevard, Citygate, Newcastle upon Tyne, GBR, NE1 4JE
Grainger PLC owns, leases, and manages residential properties. The company derives the vast majority of its revenue through property sales and rental income. The business categorizes its operations into U.K. residential, retirement solutions, fund and third-party management, the U.K. and European development, German residential, and other. U.K. Residential represents the bulk of the group's revenue, with retirement solutions and the U.K and European development also contributing a substantial portion. The company also offers residential fund- and asset management services. The two segments for the company are PRS and Reversionary.

Grainger (LSE:GRI) Headlines

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