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Kimco Realty (LTS:0JR1) Shiller PE Ratio : 13.57 (As of May. 25, 2024)


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What is Kimco Realty Shiller PE Ratio?

As of today (2024-05-25), Kimco Realty's current share price is $18.59. Kimco Realty's E10 for the quarter that ended in Mar. 2024 was $1.37. Kimco Realty's Shiller PE Ratio for today is 13.57.

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

LTS:0JR1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.25   Med: 23.22   Max: 36.48
Current: 13.49

During the past years, Kimco Realty's highest Shiller PE Ratio was 36.48. The lowest was 9.25. And the median was 23.22.

LTS:0JR1's Shiller PE Ratio is ranked worse than
56.98% of 444 companies
in the REITs industry
Industry Median: 11.48 vs LTS:0JR1: 13.49

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.

Kimco Realty's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kimco Realty Shiller PE Ratio Historical Data

The historical data trend for Kimco Realty'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.

Kimco Realty Shiller PE Ratio Chart

Kimco Realty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.08 14.46 19.88 16.52 15.54

Kimco Realty 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 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 14.65 14.59 12.85 15.54 14.32

Competitive Comparison of Kimco Realty's Shiller PE Ratio

For the REIT - Retail subindustry, Kimco Realty'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.


Kimco Realty's Shiller PE Ratio Distribution in the REITs Industry

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

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



Kimco Realty 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.

Kimco Realty's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=18.59/1.37
=13.57

* 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.

Kimco Realty's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Kimco Realty'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)
=-0.03/131.7762*131.7762
=-0.030

Current CPI (Mar. 2024) = 131.7762.

Kimco Realty Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.180 100.560 0.236
201409 0.440 100.428 0.577
201412 0.090 99.070 0.120
201503 0.710 99.621 0.939
201506 0.270 100.684 0.353
201509 0.150 100.392 0.197
201512 0.870 99.792 1.149
201603 0.310 100.470 0.407
201606 0.460 101.688 0.596
201609 -0.130 101.861 -0.168
201612 0.160 101.863 0.207
201703 0.150 102.862 0.192
201706 0.310 103.349 0.395
201709 0.240 104.136 0.304
201712 0.170 104.011 0.215
201803 0.300 105.290 0.375
201806 0.360 106.317 0.446
201809 0.190 106.507 0.235
201812 0.170 105.998 0.211
201903 0.240 107.251 0.295
201906 0.200 108.070 0.244
201909 0.140 108.329 0.170
201912 0.220 108.420 0.267
202003 0.190 108.902 0.230
202006 1.710 108.767 2.072
202009 -0.100 109.815 -0.120
202012 0.450 109.897 0.540
202103 0.300 111.754 0.354
202106 0.250 114.631 0.287
202109 0.910 115.734 1.036
202112 0.130 117.630 0.146
202203 0.370 121.301 0.402
202206 -0.210 125.017 -0.221
202209 0.080 125.227 0.084
202212 -0.090 125.222 -0.095
202303 0.460 127.348 0.476
202306 0.160 128.729 0.164
202309 0.180 129.860 0.183
202312 0.220 129.419 0.224
202403 -0.030 131.776 -0.030

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.


Kimco Realty  (LTS:0JR1) 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.


Kimco Realty Shiller PE Ratio Related Terms

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


Kimco Realty (LTS:0JR1) Business Description

Address
500 North Broadway, Suite 201, Jericho, NY, USA, 11753
One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 5,282 shopping centers throughout major markets in the U.S., representing roughly 77 million square feet.

Kimco Realty (LTS:0JR1) Headlines

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