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MNARF Shiller PE Ratio : 3.81 (As of Apr. 13, 2025)


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What is Morguard North American Residential Real Estate Investment Trust Shiller PE Ratio?

As of today (2025-04-13), Morguard North American Residential Real Estate Investment Trust's current share price is $11.51. Morguard North American Residential Real Estate Investment Trust's E10 for the quarter that ended in Dec. 2024 was $3.02. Morguard North American Residential Real Estate Investment Trust's Shiller PE Ratio for today is 3.81.

The historical rank and industry rank for Morguard North American Residential Real Estate Investment Trust's Shiller PE Ratio or its related term are showing as below:

MNARF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.97   Med: 3.68   Max: 4.91
Current: 3.72

During the past years, Morguard North American Residential Real Estate Investment Trust's highest Shiller PE Ratio was 4.91. The lowest was 2.97. And the median was 3.68.

MNARF's Shiller PE Ratio is ranked better than
93.95% of 463 companies
in the REITs industry
Industry Median: 11.49 vs MNARF: 3.72

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.

Morguard North American Residential Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Dec. 2024 was $0.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.02 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Morguard North American Residential Real Estate Investment Trust Shiller PE Ratio Historical Data

The historical data trend for Morguard North American Residential Real Estate Investment Trust'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.

Morguard North American Residential Real Estate Investment Trust Shiller PE Ratio Chart

Morguard North American Residential Real Estate Investment Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.58 4.26 3.56 3.96

Morguard North American Residential Real Estate Investment Trust Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.56 3.78 3.54 4.54 3.96

Competitive Comparison of Morguard North American Residential Real Estate Investment Trust's Shiller PE Ratio

For the REIT - Residential subindustry, Morguard North American Residential Real Estate Investment Trust'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.


Morguard North American Residential Real Estate Investment Trust's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Morguard North American Residential Real Estate Investment Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Morguard North American Residential Real Estate Investment Trust's Shiller PE Ratio falls into.


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Morguard North American Residential Real Estate Investment Trust 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.

Morguard North American Residential Real Estate Investment Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.51/3.02
=3.81

* 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.

Morguard North American Residential Real Estate Investment Trust's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, Morguard North American Residential Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.94/127.3637*127.3637
=0.940

Current CPI (Dec. 2024) = 127.3637.

Morguard North American Residential Real Estate Investment Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 -0.274 99.789 -0.350
201506 0.872 100.500 1.105
201509 0.386 100.421 0.490
201512 0.057 99.947 0.073
201603 -0.631 101.054 -0.795
201606 0.139 102.002 0.174
201609 0.658 101.765 0.824
201612 0.593 101.449 0.744
201703 0.045 102.634 0.056
201706 1.326 103.029 1.639
201709 0.183 103.345 0.226
201712 2.127 103.345 2.621
201803 1.805 105.004 2.189
201806 0.398 105.557 0.480
201809 0.490 105.636 0.591
201812 1.200 105.399 1.450
201903 0.077 106.979 0.092
201906 0.908 107.690 1.074
201909 -0.038 107.611 -0.045
201912 0.674 107.769 0.797
202003 1.772 107.927 2.091
202006 0.371 108.401 0.436
202009 1.006 108.164 1.185
202012 0.145 108.559 0.170
202103 0.551 110.298 0.636
202106 0.393 111.720 0.448
202109 1.692 112.905 1.909
202112 2.252 113.774 2.521
202203 3.283 117.646 3.554
202206 3.249 120.806 3.425
202209 1.344 120.648 1.419
202212 -3.310 120.964 -3.485
202303 0.554 122.702 0.575
202306 1.589 124.203 1.629
202309 0.780 125.230 0.793
202312 0.496 125.072 0.505
202403 0.504 126.258 0.508
202406 0.947 127.522 0.946
202409 -0.419 127.285 -0.419
202412 0.940 127.364 0.940

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.


Morguard North American Residential Real Estate Investment Trust  (OTCPK:MNARF) 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.


Morguard North American Residential Real Estate Investment Trust Shiller PE Ratio Related Terms

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Morguard North American Residential Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
55 City Centre Drive, Suite 1000, Mississauga, ON, CAN, L5B 1M3
Morguard North American Residential Real Estate Investment Trust is an open-end real estate investment trust. The REIT invests in multi-suite residential rental properties in Canada and the United States. It acquires, develops, owns and manages multi-suite residential, commercial and hotel properties and serves as a real estate investment advisor and management company. The REIT operates into two reportable segments, Canada and the United States. The United States contributes to the vast majority of revenue.

Morguard North American Residential Real Estate Investment Trust Headlines