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Plaza Retail REIT (Plaza Retail REIT) Shiller PE Ratio : (As of May. 15, 2024)


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What is Plaza Retail REIT Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Plaza Retail REIT Shiller PE Ratio Historical Data

The historical data trend for Plaza Retail REIT'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.

Plaza Retail REIT Shiller PE Ratio Chart

Plaza Retail REIT 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 10.43 9.49 10.83 10.48 7.72

Plaza Retail REIT 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 9.82 8.61 7.75 7.72 -

Competitive Comparison of Plaza Retail REIT's Shiller PE Ratio

For the REIT - Retail subindustry, Plaza Retail REIT'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.


Plaza Retail REIT's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Plaza Retail REIT's Shiller PE Ratio falls into.



Plaza Retail REIT 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.

Plaza Retail REIT's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Plaza Retail REIT'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)
=0.063/125.4675*125.4675
=0.063

Current CPI (Mar. 2024) = 125.4675.

Plaza Retail REIT Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.046 99.473 -0.058
201409 0.094 99.394 0.119
201412 0.141 98.367 0.180
201503 0.138 99.789 0.174
201506 0.071 100.500 0.089
201509 0.074 100.421 0.092
201512 0.037 99.947 0.046
201603 0.034 101.054 0.042
201606 0.090 102.002 0.111
201609 0.057 101.765 0.070
201612 0.073 101.449 0.090
201703 0.002 102.634 0.002
201706 0.045 103.029 0.055
201709 0.061 103.345 0.074
201712 0.073 103.345 0.089
201803 -0.024 105.004 -0.029
201806 0.054 105.557 0.064
201809 0.051 105.636 0.061
201812 0.008 105.399 0.010
201903 0.118 106.979 0.138
201906 0.124 107.690 0.144
201909 0.074 107.611 0.086
201912 0.061 107.769 0.071
202003 -0.015 107.927 -0.017
202006 -0.226 108.401 -0.262
202009 0.068 108.164 0.079
202012 0.071 108.559 0.082
202103 0.095 110.298 0.108
202106 0.153 111.720 0.172
202109 0.215 112.905 0.239
202112 0.313 113.774 0.345
202203 0.198 117.646 0.211
202206 0.054 120.806 0.056
202209 0.053 120.648 0.055
202212 0.102 120.964 0.106
202303 0.051 122.702 0.052
202306 0.088 124.203 0.089
202309 0.023 125.230 0.023
202312 -0.026 125.468 -0.026
202403 0.063 125.468 0.063

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.


Plaza Retail REIT  (OTCPK:PAZRF) 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.


Plaza Retail REIT Shiller PE Ratio Related Terms

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Plaza Retail REIT (Plaza Retail REIT) Business Description

Traded in Other Exchanges
Address
98 Main Street, Fredericton, NB, CAN, E3A 9N6
Plaza Retail REIT is an open-ended real estate investment trust and is a retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio includes interests in approximately 268 properties totaling approximately 8.6 million square feet across Canada and additional lands held for development. Its portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants.

Plaza Retail REIT (Plaza Retail REIT) Headlines

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