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The historical rank and industry rank for Bulgarian Real Estate Fund REIT's Shiller PE Ratio or its related term are showing as below:
XBUL:BREF'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.74 Med: 28.25 Max: 40.4
Current: 13.7
During the past years, Bulgarian Real Estate Fund REIT's highest Shiller PE Ratio was 40.40. The lowest was 12.74. And the median was 28.25.
XBUL:BREF's Shiller PE Ratio is ranked worse than 54.18% of 478
companies
in the REITs industry
Industry Median: 12.92
vs XBUL:BREF: 13.70
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.
Bulgarian Real Estate Fund REIT's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.20 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Bulgarian Real Estate Fund REIT (XBUL:BREF) 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.
Bulgarian Real Estate Fund REIT Shiller PE Ratio Related Terms
Bulgarian Real Estate Fund REIT Shiller PE Ratio Historical Data
* 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.
Bulgarian Real Estate Fund REIT Shiller PE Ratio Chart
XBUL:BREF vs VICI, WPC: Shiller PE Ratio Comparison
For the REIT - Diversified subindustry, Bulgarian Real Estate Fund 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.
Bulgarian Real Estate Fund REIT Shiller PE Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Bulgarian Real Estate Fund REIT's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Bulgarian Real Estate Fund REIT's Shiller PE Ratio falls into.
Bulgarian Real Estate Fund 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.
* 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.
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.
Bulgarian Real Estate Fund REIT (XBUL:BREF) has a Shiller PE Ratio of 13.40 as of Sep. 13, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Bulgarian Real Estate Fund REIT and its competitors. This is 53% below median its historical median of 28.25. Over the past decade, Bulgarian Real Estate Fund REIT's Shiller PE Ratio has ranged from 12.74 to 40.40. According to the industry distribution chart, Bulgarian Real Estate Fund REIT ranks #259 out of 478 companies in the REITs industry, placing it in the top 54.2%.
Is Bulgarian Real Estate Fund REIT's Shiller PE Ratio too high?
Bulgarian Real Estate Fund REIT's current Shiller PE Ratio of 13.40 is 53% below median its 10-year median of 28.25. Over the past 10 years, this metric has ranged from a low of 12.74 to a high of 40.40. The REITs industry median Shiller PE Ratio is 12.92. Bulgarian Real Estate Fund REIT's value of 13.40 is 3.7% above this industry median. Based on the distribution chart, Bulgarian Real Estate Fund REIT ranks #259 out of 478 companies in the REITs industry, which is below the industry midpoint. Overall, Bulgarian Real Estate Fund REIT has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bulgarian Real Estate Fund REIT's Shiller PE Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Bulgarian Real Estate Fund REIT ranks #259 out of 478 companies for Shiller PE Ratio. This places Bulgarian Real Estate Fund REIT in the lower half of its industry. The industry median Shiller PE Ratio is 12.92. Bulgarian Real Estate Fund REIT's value of 13.40 is 3.7% above this benchmark. Historically, Bulgarian Real Estate Fund REIT's own Shiller PE Ratio has ranged from 12.74 to 40.40 over the past decade. While the company's 10-year median is 28.25 vs. the industry median of 12.92, Bulgarian Real Estate Fund REIT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a REITs company?
The median Shiller PE Ratio among REITs companies is 12.92, based on 478 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bulgarian Real Estate Fund REIT's current Shiller PE Ratio of 13.40 is 3.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Bulgarian Real Estate Fund REIT and its competitors. For the REITs industry, the median Shiller PE Ratio is 12.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bulgarian Real Estate Fund REIT's current Shiller PE Ratio is 13.40, which is 53% below median its own 10-year median of 28.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgarian Real Estate Fund REIT stock overvalued right now?
Based on GuruFocus' analysis, Bulgarian Real Estate Fund REIT (XBUL:BREF) is currently considered Possible Value Trap. The stock's GF Value™ is €28.08, compared to a current price of €2.68 — trading 90.5% below its estimated fair value. The current Shiller PE Ratio is 13.40, which is 53% below median its 10-year median of 28.25 and 3.7% above the REITs industry median of 12.92. Bulgarian Real Estate Fund REIT's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Bulgarian Real Estate Fund REIT (XBUL:BREF), the current Shiller PE Ratio is 13.40 as of Sep. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bulgarian Real Estate Fund REIT (XBUL:BREF) Overvalued in 2026?
Based on GuruFocus' analysis, Bulgarian Real Estate Fund REIT stock appears to be undervalued.
The current stock price of €2.68 is trading 90.5% below its estimated GF Value™ of €28.08.
GuruFocus considers Bulgarian Real Estate Fund REIT to be Possible Value Trap.
Key valuation signals for XBUL:BREF:
Shiller PE Ratio: 13.40 (53% below median its 10-year median of 28.25)
GF Value™: €28.08 vs. price of €2.68 (90.5% below fair value)
Industry Position: 3.7% above the REITs median (#259 of 478)
No single metric tells the full story. See the XBUL:BREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bulgarian Real Estate Fund REIT is a special investment purpose joint-stock entity seated in the Republic of Bulgaria. The main activity of the fund is investing the cash funds raised through securities issuance in real property /securitization of real property/ through the purchase of ownership rights and other real rights over real property, carrying out construction and improvements therein for the purpose of making it available for management, renting, leasing and/or sale. Its investment objective is to achieve capital appreciation by means of diversified investments in business buildings, residential and other high-class properties, retail premises and agricultural land on the territory of Bulgaria.
74GF Score
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Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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