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Choice Properties Real Estate Investment Trust (STU:6HC) Shiller PE Ratio : 11.72 (As of Sep. 21, 2024)


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What is Choice Properties Real Estate Investment Trust Shiller PE Ratio?

As of today (2024-09-21), Choice Properties Real Estate Investment Trust's current share price is €9.842. Choice Properties Real Estate Investment Trust's E10 for the quarter that ended in Jun. 2024 was €0.84. Choice Properties Real Estate Investment Trust's Shiller PE Ratio for today is 11.72.

The historical rank and industry rank for Choice Properties Real Estate Investment Trust's Shiller PE Ratio or its related term are showing as below:

STU:6HC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.08   Med: 11.2   Max: 12.6
Current: 12.16

During the past years, Choice Properties Real Estate Investment Trust's highest Shiller PE Ratio was 12.60. The lowest was 10.08. And the median was 11.20.

STU:6HC's Shiller PE Ratio is ranked better than
50.56% of 449 companies
in the REITs industry
Industry Median: 12.39 vs STU:6HC: 12.16

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.

Choice Properties Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Jun. 2024 was €0.481. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.84 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Choice Properties Real Estate Investment Trust Shiller PE Ratio Historical Data

The historical data trend for Choice Properties Real Estate Investment Trust'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.

Choice Properties Real Estate Investment Trust Shiller PE Ratio Chart

Choice Properties Real Estate Investment Trust 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 - - - - 12.38

Choice Properties Real Estate Investment Trust Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 11.14 10.74 12.38 11.79 10.24

Competitive Comparison of Choice Properties Real Estate Investment Trust's Shiller PE Ratio

For the REIT - Retail subindustry, Choice Properties Real Estate Investment Trust'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.


Choice Properties Real Estate Investment Trust's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Choice Properties Real Estate Investment Trust's Shiller PE Ratio falls into.



Choice Properties Real Estate Investment Trust 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.

Choice Properties Real Estate Investment Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.842/0.84
=11.72

* 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.

Choice Properties Real Estate Investment Trust's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, Choice Properties Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.481/127.5217*127.5217
=0.481

Current CPI (Jun. 2024) = 127.5217.

Choice Properties Real Estate Investment Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.971 99.394 1.246
201412 0.686 98.367 0.889
201503 -1.723 99.789 -2.202
201506 1.509 100.500 1.915
201509 -1.286 100.421 -1.633
201512 0.297 99.947 0.379
201603 -0.986 101.054 -1.244
201606 -4.211 102.002 -5.265
201609 1.577 101.765 1.976
201612 1.962 101.449 2.466
201703 0.182 102.634 0.226
201706 0.297 103.029 0.368
201709 2.207 103.345 2.723
201712 0.250 103.345 0.308
201803 4.166 105.004 5.059
201806 -0.755 105.557 -0.912
201809 0.148 105.636 0.179
201812 0.661 105.399 0.800
201903 -2.137 106.979 -2.547
201906 0.513 107.690 0.607
201909 -0.466 107.611 -0.552
201912 0.646 107.769 0.764
202003 0.308 107.927 0.364
202006 -0.090 108.401 -0.106
202009 0.088 108.164 0.104
202012 0.106 108.559 0.125
202103 -0.058 110.298 -0.067
202106 0.079 111.720 0.090
202109 0.152 112.905 0.172
202112 -0.156 113.774 -0.175
202203 0.384 117.646 0.416
202206 -0.012 120.806 -0.013
202209 0.992 120.648 1.049
202212 -0.556 120.964 -0.586
202303 0.255 122.702 0.265
202306 0.514 124.203 0.528
202309 0.417 125.230 0.425
202312 -0.421 125.072 -0.429
202403 0.134 126.258 0.135
202406 0.481 127.522 0.481

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.


Choice Properties Real Estate Investment Trust  (STU:6HC) 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.


Choice Properties Real Estate Investment Trust Shiller PE Ratio Related Terms

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Choice Properties Real Estate Investment Trust Business Description

Comparable Companies
Traded in Other Exchanges
Address
22 St. Clair Avenue East, Suite 700, Toronto, ON, CAN, M4T 2S5
Choice Properties Real Estate Investment Trust invests in commercial retail, industrial, mixed-use and residential properties across Canada. The company's portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick. Choice Properties generate the majority of revenue from leasing properties to its tenants. The company's principal tenant, the large-format retailer Loblaw Companies, contributes the vast majority of the total rent.

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