PSP Swiss Property AG (XSWX:PSPN) Shiller PE Ratio: 18.03 (As of Sep. 06, 2026) — Near Median

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XSWX:PSPN PSP Swiss Property AG XSWX:PSPN
58 GF Score
Price CHF145.70
GF Value CHF164.41
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PSP Swiss Property AG Shiller PE Ratio?

PSP Swiss Property AG XSWX:PSPN 58 Shiller PE Ratio is 18.03 as of Sep. 06, 2026, which is 4% above its 10-year median of 17.40. GuruFocus rates XSWX:PSPN with a GF Score™ of 58/100 and a GF Value™ of CHF164.41 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,035 Real Estate companies, PSP Swiss Property AG ranks worse than 68.5% on this metric.

As of today (2026-09-06), PSP Swiss Property AG's current share price is CHF145.70. PSP Swiss Property AG's E10 for the quarter that ended in Jun. 2026 was CHF8.08. PSP Swiss Property AG's Shiller PE Ratio for today is 18.03.

The historical rank and industry rank for PSP Swiss Property AG's Shiller PE Ratio or its related term are showing as below:

XSWX:PSPN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.88   Med: 17.4   Max: 24.36
Current: 18.04

During the past years, PSP Swiss Property AG's highest Shiller PE Ratio was 24.36. The lowest was 13.88. And the median was 17.40.

XSWX:PSPN's Shiller PE Ratio is ranked worse than
68.5% of 1035 companies
in the Real Estate industry
Industry Median: 11.78 vs XSWX:PSPN: 18.04

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.

PSP Swiss Property AG's adjusted earnings per share data for the three months ended in Jun. 2026 was CHF3.740. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is CHF8.08 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PSP Swiss Property AG  (XSWX:PSPN) 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.


PSP Swiss Property AG Shiller PE Ratio Related Terms


PSP Swiss Property AG Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for PSP Swiss Property AG'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.

PSP Swiss Property AG Shiller PE Ratio Chart

PSP Swiss Property AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.96 16.04 17.52 18.00 18.84

PSP Swiss Property AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 19.63 18.33 18.84 20.56 17.84

XSWX:PSPN vs CBRE, BEKE, JLL: Shiller PE Ratio Comparison

For the Real Estate Services subindustry, PSP Swiss Property AG'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.


PSP Swiss Property AG Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PSP Swiss Property AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PSP Swiss Property AG's Shiller PE Ratio falls into.


XSWX:PSPN
58GF Score
PSP Swiss Property AG XSWX:PSPN
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PSP Swiss Property AG 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.

PSP Swiss Property AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=145.70/8.08
=18.03

* 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.

PSP Swiss Property AG's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, PSP Swiss Property AG's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.74/108.5600*108.5600
=3.740

Current CPI (Jun. 2026) = 108.5600.

PSP Swiss Property AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.820 99.604 0.894
201612 0.700 99.380 0.765
201703 0.870 100.040 0.944
201706 1.190 100.285 1.288
201709 1.540 100.254 1.668
201712 2.009 100.213 2.176
201803 0.880 100.836 0.947
201806 2.570 101.435 2.751
201809 1.350 101.246 1.448
201812 1.920 100.906 2.066
201903 1.740 101.571 1.860
201906 3.900 102.044 4.149
201909 1.150 101.396 1.231
201912 3.100 101.063 3.330
202003 1.040 101.048 1.117
202006 1.610 100.743 1.735
202009 1.270 100.585 1.371
202012 2.450 100.241 2.653
202103 1.940 100.800 2.089
202106 6.160 101.352 6.598
202109 1.300 101.533 1.390
202112 3.570 101.776 3.808
202203 1.700 103.205 1.788
202206 3.250 104.783 3.367
202209 1.240 104.835 1.284
202212 1.000 104.666 1.037
202303 1.240 106.245 1.267
202306 0.430 106.576 0.438
202309 1.710 106.570 1.742
202312 1.140 106.461 1.162
202403 1.770 107.355 1.790
202406 1.640 107.991 1.649
202409 1.520 107.468 1.535
202412 3.240 107.128 3.283
202503 1.320 107.722 1.330
202506 2.920 108.075 2.933
202509 1.420 107.710 1.431
202512 3.250 107.200 3.291
202603 1.410 108.060 1.417
202606 3.740 108.560 3.740

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 18.03 mean?
PSP Swiss Property AG (XSWX:PSPN) has a Shiller PE Ratio of 18.03 as of Sep. 06, 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 PSP Swiss Property AG and its competitors. This is near median its historical median of 17.40. Over the past decade, PSP Swiss Property AG's Shiller PE Ratio has ranged from 13.88 to 24.36. According to the industry distribution chart, PSP Swiss Property AG ranks #709 out of 1035 companies in the Real Estate industry, placing it in the top 68.5%.
Is PSP Swiss Property AG's Shiller PE Ratio too high?
PSP Swiss Property AG's current Shiller PE Ratio of 18.03 is near median its 10-year median of 17.40. Over the past 10 years, this metric has ranged from a low of 13.88 to a high of 24.36. The Real Estate industry median Shiller PE Ratio is 11.78. PSP Swiss Property AG's value of 18.03 is 53.1% above this industry median. Based on the distribution chart, PSP Swiss Property AG ranks #709 out of 1035 companies in the Real Estate industry, which is below the industry midpoint. Overall, PSP Swiss Property AG has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PSP Swiss Property AG's Shiller PE Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, PSP Swiss Property AG ranks #709 out of 1035 companies for Shiller PE Ratio. This places PSP Swiss Property AG in the lower half of its industry. The industry median Shiller PE Ratio is 11.78. PSP Swiss Property AG's value of 18.03 is 53.1% above this benchmark. Historically, PSP Swiss Property AG's own Shiller PE Ratio has ranged from 13.88 to 24.36 over the past decade. While the company's 10-year median is 17.40 vs. the industry median of 11.78, PSP Swiss Property AG 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 Real Estate company?
The median Shiller PE Ratio among Real Estate companies is 11.78, based on 1,035 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. PSP Swiss Property AG's current Shiller PE Ratio of 18.03 is 53.1% 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 PSP Swiss Property AG and its competitors. For the Real Estate industry, the median Shiller PE Ratio is 11.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PSP Swiss Property AG's current Shiller PE Ratio is 18.03, which is near median its own 10-year median of 17.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSP Swiss Property AG stock overvalued right now?
Based on GuruFocus' analysis, PSP Swiss Property AG (XSWX:PSPN) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF164.41, compared to a current price of CHF145.70 — trading 11.4% below its estimated fair value. The current Shiller PE Ratio is 18.03, which is near median its 10-year median of 17.40 and 53.1% above the Real Estate industry median of 11.78. PSP Swiss Property AG's overall GF Score™ is 58/100 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 PSP Swiss Property AG (XSWX:PSPN), the current Shiller PE Ratio is 18.03 as of Sep. 06, 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 PSP Swiss Property AG (XSWX:PSPN) Overvalued in 2026?

Based on GuruFocus' analysis, PSP Swiss Property AG stock appears to be undervalued. The current stock price of CHF145.70 is trading 11.4% below its estimated GF Value™ of CHF164.41. GuruFocus considers PSP Swiss Property AG to be Modestly Undervalued.

Key valuation signals for XSWX:PSPN:

  • Shiller PE Ratio: 18.03 (near median its 10-year median of 17.40)
  • GF Value™: CHF164.41 vs. price of CHF145.70 (11.4% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 53.1% above the Real Estate median (#709 of 1035)

No single metric tells the full story. See the XSWX:PSPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PSP Swiss Property AG Business Description

Address Kolinplatz 2, Zug, CHE, CH-6300
PSP Swiss Property AG is a general real estate company, with all its properties active in Switzerland. The company's operating segments are Real estate investments, Property management, and Holding. A majority of its revenue is generated from the Real estate investments segment, which comprises all properties of the Group, such as investment properties, investment properties for sale, own-used properties, development properties, as well as development projects for sale. Income in this segment is generated by the properties mainly in the form of rental income and net changes in fair value. The Property management segment includes all services and activities concerning the management of the company's real estate portfolio, and the Holding segment includes the traditional corporate functions.
58GF Score

Get the complete analysis for XSWX:PSPN

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF145.70
Price
CHF164.41
GF Value