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OUE (SGX:LJ3) Shiller PE Ratio : 5.26 (As of Jun. 08, 2024)


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What is OUE Shiller PE Ratio?

As of today (2024-06-08), OUE's current share price is S$1.21. OUE's E10 for the fiscal year that ended in Dec23 was S$0.23. OUE's Shiller PE Ratio for today is 5.26.

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

SGX:LJ3' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.94   Med: 5.5   Max: 10.69
Current: 5.29

During the past 13 years, OUE's highest Shiller PE Ratio was 10.69. The lowest was 2.94. And the median was 5.50.

SGX:LJ3's Shiller PE Ratio is ranked better than
78.21% of 1074 companies
in the Real Estate industry
Industry Median: 10.955 vs SGX:LJ3: 5.29

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.

OUE's adjusted earnings per share data of for the fiscal year that ended in Dec23 was S$0.096. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is S$0.23 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


OUE Shiller PE Ratio Historical Data

The historical data trend for OUE'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.

OUE Shiller PE Ratio Chart

OUE 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 4.42 5.76 7.32 6.04 5.25

OUE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 7.32 - 6.04 - 5.25

Competitive Comparison of OUE's Shiller PE Ratio

For the Real Estate - Diversified subindustry, OUE'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.


OUE's Shiller PE Ratio Distribution in the Real Estate Industry

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

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



OUE 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.

OUE's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.21/0.23
=5.26

* 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.

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

For example, OUE'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)
=0.096/129.4194*129.4194
=0.096

Current CPI (Dec23) = 129.4194.

OUE Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 1.200 99.070 1.568
201512 0.170 99.792 0.220
201612 0.160 101.863 0.203
201712 0.001 104.011 0.001
201812 0.002 105.998 0.002
201912 0.265 108.420 0.316
202012 -0.382 109.897 -0.450
202112 0.092 117.630 0.101
202212 0.220 125.222 0.227
202312 0.096 129.419 0.096

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.


OUE  (SGX:LJ3) 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.


OUE Shiller PE Ratio Related Terms

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OUE (SGX:LJ3) Business Description

Traded in Other Exchanges
N/A
Address
50 Collyer Quay, Number 18-01/02, OUE Bayfront, Singapore, SGP, 049321
OUE Ltd is a real estate owner, developer, and manager. The company operates in five primary business segments: investment properties, hospitality, development properties, healthcare, and consumer. The hotel segment owns and operates hotels. The property investment segment leases commercial property and manages real estate trusts in Singapore, the U.S., and China. The property development segment includes the sale of residential properties under development in Singapore. The healthcare segment includes the operation of healthcare-related real estate. The consumer segment includes restaurants. OUE generates the majority of its revenue in Singapore, although diversified holdings give the company operations.

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