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COPT Defense Properties (COPT Defense Properties) Shiller PE Ratio : 26.05 (As of May. 31, 2024)


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What is COPT Defense Properties Shiller PE Ratio?

As of today (2024-05-31), COPT Defense Properties's current share price is $24.23. COPT Defense Properties's E10 for the quarter that ended in Mar. 2024 was $0.93. COPT Defense Properties's Shiller PE Ratio for today is 26.05.

The historical rank and industry rank for COPT Defense Properties's Shiller PE Ratio or its related term are showing as below:

CDP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.28   Med: 71.39   Max: 104.53
Current: 26.07

During the past years, COPT Defense Properties's highest Shiller PE Ratio was 104.53. The lowest was 20.28. And the median was 71.39.

CDP's Shiller PE Ratio is ranked worse than
80.4% of 449 companies
in the REITs industry
Industry Median: 11.3 vs CDP: 26.07

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.

COPT Defense Properties's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


COPT Defense Properties Shiller PE Ratio Historical Data

The historical data trend for COPT Defense Properties'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.

COPT Defense Properties Shiller PE Ratio Chart

COPT Defense Properties 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 69.14 55.98 34.36 25.32 28.97

COPT Defense Properties 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 21.60 20.52 24.18 28.97 26.01

Competitive Comparison of COPT Defense Properties's Shiller PE Ratio

For the REIT - Office subindustry, COPT Defense Properties'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.


COPT Defense Properties's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, COPT Defense Properties's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where COPT Defense Properties's Shiller PE Ratio falls into.



COPT Defense Properties 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.

COPT Defense Properties's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=24.23/0.93
=26.05

* 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.

COPT Defense Properties's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, COPT Defense Properties'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)
=0.29/131.7762*131.7762
=0.290

Current CPI (Mar. 2024) = 131.7762.

COPT Defense Properties Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.020 100.560 0.026
201409 0.220 100.428 0.289
201412 0.010 99.070 0.013
201503 0.100 99.621 0.132
201506 0.130 100.684 0.170
201509 0.910 100.392 1.194
201512 0.590 99.792 0.779
201603 0.030 100.470 0.039
201606 -0.540 101.688 -0.700
201609 0.250 101.861 0.323
201612 0.220 101.863 0.285
201703 0.180 102.862 0.231
201706 0.080 103.349 0.102
201709 0.210 104.136 0.266
201712 0.100 104.011 0.127
201803 0.170 105.290 0.213
201806 0.190 106.317 0.235
201809 0.180 106.507 0.223
201812 0.157 105.998 0.195
201903 0.190 107.251 0.233
201906 0.950 108.070 1.158
201909 0.190 108.329 0.231
201912 0.380 108.420 0.462
202003 0.210 108.902 0.254
202006 0.210 108.767 0.254
202009 -0.290 109.815 -0.348
202012 0.730 109.897 0.875
202103 -0.060 111.754 -0.071
202106 0.380 114.631 0.437
202109 0.240 115.734 0.273
202112 0.120 117.630 0.134
202203 0.520 121.301 0.565
202206 0.290 125.017 0.306
202209 0.270 125.227 0.284
202212 0.450 125.222 0.474
202303 0.700 127.348 0.724
202306 0.270 128.729 0.276
202309 -1.940 129.860 -1.969
202312 0.300 129.419 0.305
202403 0.290 131.776 0.290

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.


COPT Defense Properties  (NYSE:CDP) 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.


COPT Defense Properties Shiller PE Ratio Related Terms

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


COPT Defense Properties (COPT Defense Properties) Business Description

Traded in Other Exchanges
Address
6711 Columbia Gateway Drive, Suite 300, Columbia, MD, USA, 21046
COPT Defense Properties is a real estate investment trust that acquires, manages, and leases office and data center properties throughout the U.S. The majority of the company's real estate portfolio is composed of office buildings in the Baltimore-Washington Corridor and Northern Virginia area. COPT derives nearly all of its income in the form of rental revenue from tenants. Most of the company's revenue comes from the leasing of properties to U.S. Government agencies and its contractors in the national security, defense, and IT sectors, such as Northrop Grumman and Boeing. Regional offices in urban submarkets make also make up a sizable percentage of COPT's total square footage.
Executives
Lisa G Trimberger director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA MD 21046
Steven D Kesler director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Robert L Denton director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Matthew T Myers officer: SVP-CAO & Controller 6711 COLUMBIA GATEWAY DR, SUITE 300, COLUMBIA MD 21046
Essye B. Miller director 6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA MD 21046
Greg J Thor officer: SVP--CAO & Controller C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA MD 21046
C Taylor Pickett director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
David M Jacobstein director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Raymond Lee Owens director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 30097
Stephen E Budorick officer: EVP & COO C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Todd W. Hartman officer: EVP & COO C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE SUITE 300, COLUMBIA MD 21046
Letitia A Long director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Philip L Hawkins director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Paul R Adkins officer: Executive Vice President &COO C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA MD 21046
Karen M Singer officer: VP, General Counsel & Sec