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Firm Capital Apartment REIT (TSXV:FCA.U) Shiller PE Ratio : (As of Dec. 12, 2024)


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What is Firm Capital Apartment REIT Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Firm Capital Apartment REIT Shiller PE Ratio Historical Data

The historical data trend for Firm Capital Apartment 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.

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Firm Capital Apartment REIT Shiller PE Ratio Chart

Firm Capital Apartment REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Firm Capital Apartment REIT Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Firm Capital Apartment REIT's Shiller PE Ratio

For the REIT - Residential subindustry, Firm Capital Apartment 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.


Firm Capital Apartment REIT's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Firm Capital Apartment REIT's Shiller PE Ratio falls into.



Firm Capital Apartment 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.

Firm Capital Apartment REIT's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, Firm Capital Apartment REIT's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.106/127.2847*127.2847
=0.106

Current CPI (Sep. 2024) = 127.2847.

Firm Capital Apartment REIT Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -3.404 98.367 -4.405
201503 -0.262 99.789 -0.334
201506 -6.546 100.500 -8.291
201509 -0.524 100.421 -0.664
201512 -2.963 99.947 -3.773
201603 -1.310 101.054 -1.650
201606 -0.700 102.002 -0.874
201609 -0.760 101.765 -0.951
201612 -0.040 101.449 -0.050
201703 -0.050 102.634 -0.062
201706 0.020 103.029 0.025
201709 -0.070 103.345 -0.086
201712 0.320 103.345 0.394
201803 0.020 105.004 0.024
201806 0.180 105.557 0.217
201809 0.260 105.636 0.313
201812 0.339 105.399 0.409
201903 0.251 106.979 0.299
201906 0.198 107.690 0.234
201909 0.061 107.611 0.072
201912 0.507 107.769 0.599
202003 0.130 107.927 0.153
202006 0.167 108.401 0.196
202009 0.080 108.164 0.094
202012 0.320 108.559 0.375
202103 -0.382 110.298 -0.441
202106 0.098 111.720 0.112
202109 0.336 112.905 0.379
202112 0.457 113.774 0.511
202203 -0.045 117.646 -0.049
202206 -1.355 120.806 -1.428
202209 -0.189 120.648 -0.199
202212 -0.268 120.964 -0.282
202303 -0.645 122.702 -0.669
202306 -0.244 124.203 -0.250
202309 -0.195 125.230 -0.198
202312 -0.062 125.072 -0.063
202403 -0.171 126.258 -0.172
202406 -0.370 127.522 -0.369
202409 0.106 127.285 0.106

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.


Firm Capital Apartment REIT  (TSXV:FCA.U) 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.


Firm Capital Apartment REIT Shiller PE Ratio Related Terms

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Firm Capital Apartment REIT Business Description

Traded in Other Exchanges
Address
163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5
Firm Capital Apartment REIT is a multi-residential real estate investment entity that pursues real estate and debt investments through two platforms namely Income Producing Real Estate Investments that acquire income-producing real estate assets in cities across the United States, and Mortgage Debt Investments that provide multi-residential real estate debt and equity lending platform in cities across the United States focused on providing all forms of bridge mortgage loans and joint venture capital. The Trust has a portfolio in two geographical areas; the U.S. Sunbelt which includes properties in Texas, Florida and Georgia. This represents 67% of the Investment Portfolio. The U.S. Northeast includes properties in New York, New Jersey, Maryland, and Connecticut.

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