GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Crombie Real Estate Investment Trust (TSX:CRR.UN) » Definitions » Shiller PE Ratio

Crombie Real Estate Investment Trust (TSX:CRR.UN) Shiller PE Ratio : (As of Apr. 30, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Crombie Real Estate Investment Trust Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Crombie Real Estate Investment Trust Shiller PE Ratio Historical Data

The historical data trend for Crombie 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.

Crombie Real Estate Investment Trust Shiller PE Ratio Chart

Crombie 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 - - - - -

Crombie Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - -

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

For the REIT - Diversified subindustry, Crombie 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.


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

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

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



Crombie 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.

Crombie Real Estate Investment Trust's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Crombie Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.085/125.4675*125.4675
=-0.085

Current CPI (Dec. 2023) = 125.4675.

Crombie Real Estate Investment Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.093 98.604 -0.118
201406 -0.087 99.473 -0.110
201409 -0.124 99.394 -0.157
201412 -0.026 98.367 -0.033
201503 -0.097 99.789 -0.122
201506 -0.089 100.500 -0.111
201509 -0.109 100.421 -0.136
201512 -0.093 99.947 -0.117
201603 0.106 101.054 0.132
201606 -0.025 102.002 -0.031
201609 -0.061 101.765 -0.075
201612 -0.010 101.449 -0.012
201703 -0.094 102.634 -0.115
201706 0.422 103.029 0.514
201709 -0.080 103.345 -0.097
201712 -0.043 103.345 -0.052
201803 -0.052 105.004 -0.062
201806 0.101 105.557 0.120
201809 -0.138 105.636 -0.164
201812 -0.089 105.399 -0.106
201903 0.091 106.979 0.107
201906 0.035 107.690 0.041
201909 -0.026 107.611 -0.030
201912 -0.032 107.769 -0.037
202003 -0.074 107.927 -0.086
202006 -0.164 108.401 -0.190
202009 -0.099 108.164 -0.115
202012 -0.119 108.559 -0.138
202103 -0.019 110.298 -0.022
202106 -0.110 111.720 -0.124
202109 -0.076 112.905 -0.084
202112 0.249 113.774 0.275
202203 -0.080 117.646 -0.085
202206 -0.050 120.806 -0.052
202209 -0.064 120.648 -0.067
202212 0.260 120.964 0.270
202303 -0.078 122.702 -0.080
202306 -0.105 124.203 -0.106
202309 -0.062 125.230 -0.062
202312 -0.085 125.468 -0.085

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.


Crombie Real Estate Investment Trust  (TSX:CRR.UN) 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.


Crombie Real Estate Investment Trust Shiller PE Ratio Related Terms

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


Crombie Real Estate Investment Trust (TSX:CRR.UN) Business Description

Traded in Other Exchanges
Address
610 East River Road, Suite 200, New Glasgow, NS, CAN, B2H 3S2
Crombie Real Estate Investment Trust is a Canada-based open-end REIT that focuses on the retail industry. The company invests, operates, and develops a portfolio of grocery-store- and drugstore-anchored shopping centres, freestanding stores, offices, and mixed-use developments. The properties are located primarily in Canada's urban and suburban markets. Crombie's major tenants include retailers such as Sobeys, Shoppers Drug Mart, Cineplex, and Province of Nova Scotia. The company's property portfolio includes Aberdeen Business Centre, Barrington Place, Brunswick Place, Kenmount Business Centre, Barrington Tower, CIBC Building, Amherst Centre, Avalon Mall, County Fair Mall, and others.

Crombie Real Estate Investment Trust (TSX:CRR.UN) Headlines

No Headlines