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Safestore Holdings (LSE:SAFE) Shiller PE Ratio : 8.86 (As of May. 22, 2024)


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What is Safestore Holdings Shiller PE Ratio?

As of today (2024-05-22), Safestore Holdings's current share price is £8.77. Safestore Holdings's E10 for the fiscal year that ended in Oct23 was £0.99. Safestore Holdings's Shiller PE Ratio for today is 8.86.

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

LSE:SAFE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.2   Med: 16.52   Max: 25.85
Current: 8.58

During the past 13 years, Safestore Holdings's highest Shiller PE Ratio was 25.85. The lowest was 7.20. And the median was 16.52.

LSE:SAFE's Shiller PE Ratio is ranked better than
67.87% of 445 companies
in the REITs industry
Industry Median: 11.48 vs LSE:SAFE: 8.58

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.

Safestore Holdings's adjusted earnings per share data of for the fiscal year that ended in Oct23 was £0.918. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.99 for the trailing ten years ended in Oct23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Safestore Holdings Shiller PE Ratio Historical Data

The historical data trend for Safestore Holdings'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.

Safestore Holdings Shiller PE Ratio Chart

Safestore Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.75 17.26 18.45 9.86 6.89

Safestore Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 18.45 - 9.86 - 6.89

Competitive Comparison of Safestore Holdings's Shiller PE Ratio

For the REIT - Industrial subindustry, Safestore Holdings'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.


Safestore Holdings's Shiller PE Ratio Distribution in the REITs Industry

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

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



Safestore Holdings 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.

Safestore Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.77/0.99
=8.86

* 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.

Safestore Holdings's E10 for the fiscal year that ended in Oct23 is calculated as:

For example, Safestore Holdings's adjusted earnings per share data for the fiscal year that ended in Oct23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Oct23 (Change)*Current CPI (Oct23)
=0.918/130.2000*130.2000
=0.918

Current CPI (Oct23) = 130.2000.

Safestore Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201410 0.230 100.100 0.299
201510 0.520 100.300 0.675
201610 0.417 101.600 0.534
201710 0.373 104.400 0.465
201810 0.842 106.700 1.027
201910 0.626 108.300 0.753
202010 0.840 109.200 1.002
202110 1.764 113.400 2.025
202210 2.124 124.300 2.225
202310 0.918 130.200 0.918

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.


Safestore Holdings  (LSE:SAFE) 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.


Safestore Holdings Shiller PE Ratio Related Terms

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Safestore Holdings (LSE:SAFE) Business Description

Traded in Other Exchanges
Address
Brittanic House, Stirling Way, Borehamwood, Hertfordshire, GBR, WD6 2BT
Safestore Holdings PLC is a real estate investment trust that owns and leases storage space located in Paris and the United Kingdom. The company focuses on the acquisition and operation of storage locations in wealthy, densely populated areas in Europe. Safestore's properties in the United Kingdom comprise the vast majority of its total holdings. The company derives the majority of its revenue from the rental of its self-storage lockers and the remaining from the sale of insurance and packaging materials. Southeast England and London account for the majority of Safestore's income. Total occupancy is split fairly evenly between individuals and businesses ranging from online retailers to large, multinational companies.

Safestore Holdings (LSE:SAFE) Headlines