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Slate Office REIT (Slate Office REIT) Shiller PE Ratio : 0.75 (As of Jun. 22, 2024)


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What is Slate Office REIT Shiller PE Ratio?

As of today (2024-06-22), Slate Office REIT's current share price is $0.27. Slate Office REIT's E10 for the quarter that ended in Mar. 2024 was $0.36. Slate Office REIT's Shiller PE Ratio for today is 0.75.

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

SLTTF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.6   Med: 2.18   Max: 4.92
Current: 0.6

During the past years, Slate Office REIT's highest Shiller PE Ratio was 4.92. The lowest was 0.60. And the median was 2.18.

SLTTF's Shiller PE Ratio is ranked better than
98% of 450 companies
in the REITs industry
Industry Median: 11.06 vs SLTTF: 0.60

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.

Slate Office REIT's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.208. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Slate Office REIT Shiller PE Ratio Historical Data

The historical data trend for Slate Office 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.

Slate Office REIT Shiller PE Ratio Chart

Slate Office 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 - - - 4.71 1.56

Slate Office 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 4.57 2.96 2.14 1.56 1.50

Competitive Comparison of Slate Office REIT's Shiller PE Ratio

For the REIT - Office subindustry, Slate Office 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.


Slate Office REIT's Shiller PE Ratio Distribution in the REITs Industry

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

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



Slate Office 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.

Slate Office REIT's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.27/0.36
=0.75

* 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.

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

For example, Slate Office 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)
=-0.208/126.2576*126.2576
=-0.208

Current CPI (Mar. 2024) = 126.2576.

Slate Office REIT Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.145 99.473 -0.184
201409 0.351 99.394 0.446
201412 0.025 98.367 0.032
201503 -0.065 99.789 -0.082
201506 0.423 100.500 0.531
201509 0.101 100.421 0.127
201512 0.308 99.947 0.389
201603 0.077 101.054 0.096
201606 0.331 102.002 0.410
201609 0.055 101.765 0.068
201612 0.252 101.449 0.314
201703 0.137 102.634 0.169
201706 0.046 103.029 0.056
201709 0.309 103.345 0.378
201712 0.180 103.345 0.220
201803 0.097 105.004 0.117
201806 0.239 105.557 0.286
201809 0.181 105.636 0.216
201812 0.281 105.399 0.337
201903 0.059 106.979 0.070
201906 0.097 107.690 0.114
201909 0.280 107.611 0.329
201912 0.205 107.769 0.240
202003 -0.157 107.927 -0.184
202006 0.062 108.401 0.072
202009 0.167 108.164 0.195
202012 0.071 108.559 0.083
202103 0.202 110.298 0.231
202106 0.063 111.720 0.071
202109 0.093 112.905 0.104
202112 0.146 113.774 0.162
202203 0.285 117.646 0.306
202206 0.208 120.806 0.217
202209 0.161 120.648 0.168
202212 -0.814 120.964 -0.850
202303 -0.037 122.702 -0.038
202306 -0.185 124.203 -0.188
202309 -0.321 125.230 -0.324
202312 -0.509 125.072 -0.514
202403 -0.208 126.258 -0.208

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.


Slate Office REIT  (OTCPK:SLTTF) 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.


Slate Office REIT Shiller PE Ratio Related Terms

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Slate Office REIT (Slate Office REIT) Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 200, Toronto, ON, CAN, M5H 3T9
Slate Office REIT is an open-ended real estate investment trust. The company focuses on acquiring, holding, developing, maintaining, improving, leasing, managing, or otherwise dealing with office properties in Canada. the REIT's portfolio consists of approximately 34 commercial properties located in Canada. The company operates in Canada, United States, and Ireland.