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Melcor Developments (Melcor Developments) Shiller PE Ratio : 5.76 (As of Jun. 20, 2024)


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What is Melcor Developments Shiller PE Ratio?

As of today (2024-06-20), Melcor Developments's current share price is $8.53. Melcor Developments's E10 for the quarter that ended in Mar. 2024 was $1.48. Melcor Developments's Shiller PE Ratio for today is 5.76.

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

MODVF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.42   Med: 6.19   Max: 13.2
Current: 5.74

During the past years, Melcor Developments's highest Shiller PE Ratio was 13.20. The lowest was 2.42. And the median was 6.19.

MODVF's Shiller PE Ratio is ranked better than
75.46% of 1076 companies
in the Real Estate industry
Industry Median: 10.955 vs MODVF: 5.74

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.

Melcor Developments's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Melcor Developments Shiller PE Ratio Historical Data

The historical data trend for Melcor Developments'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.

Melcor Developments Shiller PE Ratio Chart

Melcor Developments 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 5.70 4.34 6.67 5.00 5.59

Melcor Developments 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 5.68 5.23 5.58 5.59 5.62

Competitive Comparison of Melcor Developments's Shiller PE Ratio

For the Real Estate - Development subindustry, Melcor Developments'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.


Melcor Developments's Shiller PE Ratio Distribution in the Real Estate Industry

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

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



Melcor Developments 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.

Melcor Developments's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.53/1.48
=5.76

* 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.

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

For example, Melcor Developments'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)
=0.31/126.2576*126.2576
=0.310

Current CPI (Mar. 2024) = 126.2576.

Melcor Developments Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.508 99.473 0.645
201409 0.754 99.394 0.958
201412 1.266 98.367 1.625
201503 0.349 99.789 0.442
201506 0.097 100.500 0.122
201509 0.558 100.421 0.702
201512 0.715 99.947 0.903
201603 -0.174 101.054 -0.217
201606 0.039 102.002 0.048
201609 0.374 101.765 0.464
201612 0.547 101.449 0.681
201703 -0.202 102.634 -0.248
201706 0.090 103.029 0.110
201709 0.277 103.345 0.338
201712 0.752 103.345 0.919
201803 0.340 105.004 0.409
201806 0.038 105.557 0.045
201809 0.261 105.636 0.312
201812 0.811 105.399 0.971
201903 0.037 106.979 0.044
201906 0.068 107.690 0.080
201909 0.363 107.611 0.426
201912 0.387 107.769 0.453
202003 1.433 107.927 1.676
202006 -1.387 108.401 -1.615
202009 0.174 108.164 0.203
202012 -0.008 108.559 -0.009
202103 -0.334 110.298 -0.382
202106 0.221 111.720 0.250
202109 0.395 112.905 0.442
202112 1.055 113.774 1.171
202203 0.055 117.646 0.059
202206 0.617 120.806 0.645
202209 0.547 120.648 0.572
202212 0.847 120.964 0.884
202303 0.051 122.702 0.052
202306 0.519 124.203 0.528
202309 0.695 125.230 0.701
202312 0.253 125.072 0.255
202403 0.310 126.258 0.310

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.


Melcor Developments  (OTCPK:MODVF) 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.


Melcor Developments Shiller PE Ratio Related Terms

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Melcor Developments (Melcor Developments) Business Description

Traded in Other Exchanges
Address
10310 Jasper Avenue, Suite 900, Edmonton, AB, CAN, T5J 1Y8
Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions include Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing, and construction of commercial properties; Investment Properties operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation; the REIT, which is engaged in acquiring and owning leasable office, retail, industrial and residential sites; Recreation Property and Corporate.