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Artis Real Estate Investment Trust (Artis Real Estate Investment Trust) Shiller PE Ratio : 16.75 (As of Jun. 02, 2024)


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What is Artis Real Estate Investment Trust Shiller PE Ratio?

As of today (2024-06-02), Artis Real Estate Investment Trust's current share price is $4.69. Artis Real Estate Investment Trust's E10 for the quarter that ended in Mar. 2024 was $0.28. Artis Real Estate Investment Trust's Shiller PE Ratio for today is 16.75.

The historical rank and industry rank for Artis Real Estate Investment Trust's Shiller PE Ratio or its related term are showing as below:

ARESF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.81   Med: 10.97   Max: 23.21
Current: 17.21

During the past years, Artis Real Estate Investment Trust's highest Shiller PE Ratio was 23.21. The lowest was 4.81. And the median was 10.97.

ARESF's Shiller PE Ratio is ranked worse than
65.85% of 448 companies
in the REITs industry
Industry Median: 11.25 vs ARESF: 17.21

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.

Artis Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.074. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Artis Real Estate Investment Trust Shiller PE Ratio Historical Data

The historical data trend for Artis 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.

Artis Real Estate Investment Trust Shiller PE Ratio Chart

Artis 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 9.03 8.28 9.87 10.31 16.17

Artis Real Estate Investment Trust 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 9.69 11.14 13.44 16.17 16.94

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

For the REIT - Diversified subindustry, Artis 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.


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

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

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



Artis 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.

Artis Real Estate Investment Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.69/0.28
=16.75

* 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.

Artis Real Estate Investment Trust's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Artis Real Estate Investment Trust'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)
=-0.074/126.2576*126.2576
=-0.074

Current CPI (Mar. 2024) = 126.2576.

Artis Real Estate Investment Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.332 99.473 0.421
201409 0.345 99.394 0.438
201412 0.321 98.367 0.412
201503 -0.103 99.789 -0.130
201506 0.299 100.500 0.376
201509 -0.151 100.421 -0.190
201512 -1.065 99.947 -1.345
201603 0.181 101.054 0.226
201606 0.140 102.002 0.173
201609 0.366 101.765 0.454
201612 -0.187 101.449 -0.233
201703 0.359 102.634 0.442
201706 0.165 103.029 0.202
201709 0.326 103.345 0.398
201712 0.251 103.345 0.307
201803 0.224 105.004 0.269
201806 0.343 105.557 0.410
201809 0.100 105.636 0.120
201812 0.007 105.399 0.008
201903 0.097 106.979 0.114
201906 0.075 107.690 0.088
201909 0.211 107.611 0.248
201912 0.152 107.769 0.178
202003 -0.609 107.927 -0.712
202006 0.266 108.401 0.310
202009 0.227 108.164 0.265
202012 0.164 108.559 0.191
202103 0.398 110.298 0.456
202106 1.318 111.720 1.490
202109 0.221 112.905 0.247
202112 0.359 113.774 0.398
202203 1.501 117.646 1.611
202206 -0.164 120.806 -0.171
202209 -0.645 120.648 -0.675
202212 -0.817 120.964 -0.853
202303 -0.168 122.702 -0.173
202306 -0.587 124.203 -0.597
202309 -0.953 125.230 -0.961
202312 -0.626 125.072 -0.632
202403 -0.074 126.258 -0.074

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.


Artis Real Estate Investment Trust  (OTCPK:ARESF) 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.


Artis Real Estate Investment Trust Shiller PE Ratio Related Terms

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Artis Real Estate Investment Trust (Artis Real Estate Investment Trust) Business Description

Address
220 Portage Avenue, Suite 600, Winnipeg, MB, CAN, R3C 0A5
Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and selects markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.

Artis Real Estate Investment Trust (Artis Real Estate Investment Trust) Headlines

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