GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Phillips Edison & Co Inc (NAS:PECO) » Definitions » Shiller PE Ratio

Phillips Edison (Phillips Edison) Shiller PE Ratio : 1,102.67 (As of May. 06, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Phillips Edison Shiller PE Ratio?

As of today (2024-05-06), Phillips Edison's current share price is $33.08. Phillips Edison's E10 for the fiscal year that ended in Dec23 was $0.03. Phillips Edison's Shiller PE Ratio for today is 1,102.67.

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

PECO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1151   Med: 1182   Max: 1251.45
Current: 1251.45

During the past 11 years, Phillips Edison's highest Shiller PE Ratio was 1251.45. The lowest was 1151.00. And the median was 1182.00.

PECO's Shiller PE Ratio is ranked worse than
99.55% of 447 companies
in the REITs industry
Industry Median: 11.52 vs PECO: 1251.45

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.

Phillips Edison's adjusted earnings per share data of for the fiscal year that ended in Dec23 was $0.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.03 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Phillips Edison Shiller PE Ratio Historical Data

The historical data trend for Phillips Edison'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.

Phillips Edison Shiller PE Ratio Chart

Phillips Edison 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 - - - - 1,380.08

Phillips Edison 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 - - - 1,380.08 -

Competitive Comparison of Phillips Edison's Shiller PE Ratio

For the REIT - Retail subindustry, Phillips Edison'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.


Phillips Edison's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Phillips Edison's Shiller PE Ratio falls into.



Phillips Edison 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.

Phillips Edison's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=33.08/0.03
=1,102.67

* 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.

Phillips Edison's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Phillips Edison's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.48/129.4194*129.4194
=0.480

Current CPI (Dec23) = 129.4194.

Phillips Edison Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -0.373 99.070 -0.487
201512 0.220 99.792 0.285
201612 0.150 101.863 0.191
201712 -0.639 104.011 -0.795
201812 0.600 105.998 0.733
201912 -0.670 108.420 -0.800
202012 0.050 109.897 0.059
202112 0.150 117.630 0.165
202212 0.420 125.222 0.434
202312 0.480 129.419 0.480

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.


Phillips Edison  (NAS:PECO) 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.


Phillips Edison Shiller PE Ratio Related Terms

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


Phillips Edison (Phillips Edison) Business Description

Traded in Other Exchanges
N/A
Address
11501 Northlake Drive, Cincinnati, OH, USA, 45249
Phillips Edison & Co Inc is a real estate investment trust. It invests primarily in well-occupied, grocery-anchored neighborhood and community shopping centers. It holds an integrated in-house operating platform built on market leading expertise designed to optimize property value and consistently deliver a great shopping experience.
Executives
Anthony E Terry director 9002 SAN MARCO COURT, ORLANDO FL 32819
Parilee Edison Wang director 3982 SADDLEBACK ROAD, PARK CITY UT 84098
Leslie T Chao director 103 EISENHOWER PARKWAY, ROSELAND NJ 07068
Paul Massey director PHILLIPS EDISON-ARC SHOPPING CENTER REIT, 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
John P Caulfield officer: CFO, SVP & Treasurer 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Elizabeth Fischer director 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Jane Silfen director 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
David W Garrison director C/O SONICWALL, INC.,, 1143 BORREGAS AVE, SUNNYVALE CA 94089
John A. Strong director 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Tanya Brady officer: See Remarks C/O PHILLIPS EDISON & COMPANY, INC., 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Gregory S. Wood director 800 SOUTH ST. STE # 305, WALTHAM MA 02453
Stephen R Quazzo director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601
Devin Ignatius Murphy officer: CFO, Secretary and Treasurer 104 MAIN STREET, SOUTHPORT CT 06890
Jeffrey Edison director, officer: Chairman of the Board & CEO 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Robert Mark Addy officer: Executive Vice President 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249