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SKT (Tanger) Shiller PE Ratio : 30.86 (As of Apr. 26, 2025)


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What is Tanger Shiller PE Ratio?

As of today (2025-04-26), Tanger's current share price is $32.09. Tanger's E10 for the quarter that ended in Dec. 2024 was $1.04. Tanger's Shiller PE Ratio for today is 30.86.

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

SKT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.22   Med: 22.06   Max: 56.7
Current: 30.74

During the past years, Tanger's highest Shiller PE Ratio was 56.70. The lowest was 4.22. And the median was 22.06.

SKT's Shiller PE Ratio is ranked worse than
87.77% of 466 companies
in the REITs industry
Industry Median: 11.92 vs SKT: 30.74

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.

Tanger's adjusted earnings per share data for the three months ended in Dec. 2024 was $0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.04 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tanger Shiller PE Ratio Historical Data

The historical data trend for Tanger'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.

Tanger Shiller PE Ratio Chart

Tanger 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 10.29 19.66 17.10 26.93 32.69

Tanger 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 26.93 28.17 25.81 31.78 32.69

Competitive Comparison of Tanger's Shiller PE Ratio

For the REIT - Retail subindustry, Tanger'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.


Tanger's Shiller PE Ratio Distribution in the REITs Industry

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

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


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Tanger 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.

Tanger's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=32.09/1.04
=30.86

* 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.

Tanger's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, Tanger'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)
=0.23/133.1571*133.1571
=0.230

Current CPI (Dec. 2024) = 133.1571.

Tanger Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.360 99.621 0.481
201506 0.260 100.684 0.344
201509 0.460 100.392 0.610
201512 1.130 99.792 1.508
201603 0.280 100.470 0.371
201606 0.760 101.688 0.995
201609 0.720 101.861 0.941
201612 0.250 101.863 0.327
201703 0.230 102.862 0.298
201706 0.310 103.349 0.399
201709 -0.170 104.136 -0.217
201712 0.330 104.011 0.422
201803 0.240 105.290 0.304
201806 0.240 106.317 0.301
201809 -0.240 106.507 -0.300
201812 0.210 105.998 0.264
201903 0.660 107.251 0.819
201906 0.150 108.070 0.185
201909 0.250 108.329 0.307
201912 -0.130 108.420 -0.160
202003 -0.300 108.902 -0.367
202006 -0.250 108.767 -0.306
202009 0.140 109.815 0.170
202012 0.003 109.897 0.004
202103 0.040 111.754 0.048
202106 0.020 114.631 0.023
202109 -0.110 115.734 -0.127
202112 0.120 117.630 0.136
202203 0.190 121.301 0.209
202206 0.190 125.017 0.202
202209 0.220 125.227 0.234
202212 0.170 125.222 0.181
202303 0.220 127.348 0.230
202306 0.230 128.729 0.238
202309 0.260 129.860 0.267
202312 0.220 129.419 0.226
202403 0.200 131.776 0.202
202406 0.220 132.554 0.221
202409 0.220 133.029 0.220
202412 0.230 133.157 0.230

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.


Tanger  (NYSE:SKT) 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.


Tanger Shiller PE Ratio Related Terms

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


Tanger Business Description

Traded in Other Exchanges
Address
3200 Northline Avenue, Suite 360, Greensboro, NC, USA, 27408
Tanger Inc is an owners and operators of outlet and open-air centers in the United States and Canada. It is a fully-integrated, self-administered and self-managed REIT, which focuses on developing, acquiring, owning, operating and managing outlet and open-air shopping centers. Its consolidated portfolio consisted of 31 outlet centers and 2 open-air lifestyle centers, with a total gross leasable area of approximately 13.0 million square feet.
Executives
Gallardo Leslie Swanson officer: Executive VP Operations 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Guerrieri Thomas Joseph Jr officer: VP, CAO and Controller 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Susan E Skerritt director 3200 NORTHLINE AVE, SUITE 360, GREENSBORO NC 27408
Thomas Reddin director 11115 RUSHMORE DR, CHARLOTTE NC 28277
Steven B Tanger director, officer: President,
Jessica K Norman officer: EVP, General Counsel,Secretary 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Michael J Bilerman officer: See Remarks 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Justin C Stein officer: EVP, Leasing 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Andrew R Wingrove officer: EVP, Chief Commercial Officer 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Carrie A Warren officer: Senior V.P. of Marketing 5900 HENSON FARM RD, SUMMERFIELD NC 27358
Chad Perry officer: EVP,General Counsel,Secretary C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Sandeep Mathrani director
James Floyd Williams officer: Vice President & Controller 3204 COTTINGHAM COURT, GREENSBORO NC 27410
Stephen Yalof officer: President & COO 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Charles Allen Worsham officer: SVP,Construction & Development 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408