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National Health Investors (STU:WX6) Shiller PE Ratio : 16.21 (As of May. 28, 2024)


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What is National Health Investors Shiller PE Ratio?

As of today (2024-05-28), National Health Investors's current share price is €59.50. National Health Investors's E10 for the quarter that ended in Mar. 2024 was €3.67. National Health Investors's Shiller PE Ratio for today is 16.21.

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

STU:WX6' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.87   Med: 20.45   Max: 25.34
Current: 16.03

During the past years, National Health Investors's highest Shiller PE Ratio was 25.34. The lowest was 9.87. And the median was 20.45.

STU:WX6's Shiller PE Ratio is ranked worse than
62.25% of 445 companies
in the REITs industry
Industry Median: 11.43 vs STU:WX6: 16.03

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.

National Health Investors's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.653. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Health Investors Shiller PE Ratio Historical Data

The historical data trend for National Health Investors'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.

National Health Investors Shiller PE Ratio Chart

National Health Investors 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 21.89 17.78 14.17 12.92 13.95

National Health Investors 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 12.53 12.60 12.64 13.95 15.50

Competitive Comparison of National Health Investors's Shiller PE Ratio

For the REIT - Healthcare Facilities subindustry, National Health Investors'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.


National Health Investors's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where National Health Investors's Shiller PE Ratio falls into.



National Health Investors 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.

National Health Investors's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=59.50/3.67
=16.21

* 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.

National Health Investors's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, National Health Investors'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)
=0.653/131.7762*131.7762
=0.653

Current CPI (Mar. 2024) = 131.7762.

National Health Investors Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.563 100.560 0.738
201409 0.590 100.428 0.774
201412 0.649 99.070 0.863
201503 0.729 99.621 0.964
201506 0.740 100.684 0.969
201509 0.793 100.392 1.041
201512 1.322 99.792 1.746
201603 0.763 100.470 1.001
201606 1.032 101.688 1.337
201609 0.742 101.861 0.960
201612 0.976 101.863 1.263
201703 1.028 102.862 1.317
201706 0.828 103.349 1.056
201709 0.789 104.136 0.998
201712 0.760 104.011 0.963
201803 0.746 105.290 0.934
201806 0.779 106.317 0.966
201809 0.831 106.507 1.028
201812 0.765 105.998 0.951
201903 0.735 107.251 0.903
201906 0.814 108.070 0.993
201909 0.881 108.329 1.072
201912 0.855 108.420 1.039
202003 1.240 108.902 1.500
202006 0.879 108.767 1.065
202009 0.807 109.815 0.968
202012 0.682 109.897 0.818
202103 0.655 111.754 0.772
202106 0.706 114.631 0.812
202109 0.570 115.734 0.649
202112 0.124 117.630 0.139
202203 0.163 121.301 0.177
202206 0.445 125.017 0.469
202209 0.788 125.227 0.829
202212 0.038 125.222 0.040
202303 0.738 127.348 0.764
202306 0.849 128.729 0.869
202309 0.637 129.860 0.646
202312 0.679 129.419 0.691
202403 0.653 131.776 0.653

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.


National Health Investors  (STU:WX6) 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.


National Health Investors Shiller PE Ratio Related Terms

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


National Health Investors (STU:WX6) Business Description

Traded in Other Exchanges
Address
222 Robert Rose Drive, Murfreesboro, TN, USA, 37129
National Health Investors Inc is a housing and medical facility REIT. The company operate through two reportable segments i.e. Real Estate Investments and Senior Housing Operating Portfolio. Real Estate Investments segment consists of real estate investments and lease, mortgage and other notes receivables in independent living facilities, assisted living facilities, entrance-fee communities, senior living campuses, skilled nursing facilities and a hospital. SHOP segment is comprised of two ventures that own the operations of independent living facilities. Company's revenues are derived from rental income, mortgage and other notes receivable interest income and resident fees and services.

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