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Equity Lifestyle Properties (Equity Lifestyle Properties) Shiller PE Ratio

: 43.34 (As of Today)
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As of today (2024-04-24), Equity Lifestyle Properties's current share price is $61.115. Equity Lifestyle Properties's E10 for the quarter that ended in Dec. 2023 was $1.41. Equity Lifestyle Properties's Shiller PE Ratio for today is 43.34.

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

ELS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 43.28   Med: 74.09   Max: 93.93
Current: 43.34

During the past years, Equity Lifestyle Properties's highest Shiller PE Ratio was 93.93. The lowest was 43.28. And the median was 74.09.

ELS's Shiller PE Ratio is ranked worse than
91.42% of 443 companies
in the REITs industry
Industry Median: 11.36 vs ELS: 43.34

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.

Equity Lifestyle Properties's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.41 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Equity Lifestyle Properties Shiller PE Ratio Historical Data

The historical data trend for Equity Lifestyle 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.

Equity Lifestyle 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 86.07 69.62 79.80 50.39 50.04

Equity Lifestyle Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 50.39 50.84 49.36 46.02 50.04

Competitive Comparison

For the REIT - Residential subindustry, Equity Lifestyle 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.


Equity Lifestyle Properties Shiller PE Ratio Distribution

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

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



Equity Lifestyle 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.

Equity Lifestyle Properties's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=61.115/1.41
=43.34

* 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.

Equity Lifestyle Properties's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Equity Lifestyle Properties's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.49/129.4194*129.4194
=0.490

Current CPI (Dec. 2023) = 129.4194.

Equity Lifestyle Properties Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.230 99.695 0.299
201406 0.150 100.560 0.193
201409 0.155 100.428 0.200
201412 0.175 99.070 0.229
201503 0.160 99.621 0.208
201506 0.190 100.684 0.244
201509 0.215 100.392 0.277
201512 0.205 99.792 0.266
201603 0.300 100.470 0.386
201606 0.210 101.688 0.267
201609 0.240 101.861 0.305
201612 0.215 101.863 0.273
201703 0.325 102.862 0.409
201706 0.225 103.349 0.282
201709 0.280 104.136 0.348
201712 0.255 104.011 0.317
201803 0.340 105.290 0.418
201806 0.260 106.317 0.316
201809 0.310 106.507 0.377
201812 0.280 105.998 0.342
201903 0.630 107.251 0.760
201906 0.260 108.070 0.311
201909 0.350 108.329 0.418
201912 0.300 108.420 0.358
202003 0.370 108.902 0.440
202006 0.250 108.767 0.297
202009 0.280 109.815 0.330
202012 0.280 109.897 0.330
202103 0.360 111.754 0.417
202106 0.330 114.631 0.373
202109 0.380 115.734 0.425
202112 0.360 117.630 0.396
202203 0.450 121.301 0.480
202206 0.330 125.017 0.342
202209 0.360 125.227 0.372
202212 0.390 125.222 0.403
202303 0.440 127.348 0.447
202306 0.340 128.729 0.342
202309 0.410 129.860 0.409
202312 0.490 129.419 0.490

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.


Equity Lifestyle Properties  (NYSE:ELS) 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.


Equity Lifestyle Properties Shiller PE Ratio Related Terms

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


Equity Lifestyle Properties (Equity Lifestyle Properties) Business Description

Traded in Other Exchanges
N/A
Address
Two North Riverside Plaza, Suite 800, Chicago, IL, USA, 60606
Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 450 properties across the U.S. with a higher concentration in the Sunbelt region with 34% of the company's properties located in Florida, 11% in California, and 10% in Arizona. Equity Lifestyle targets owning properties in attractive retirement destinations with over 70% of the company's properties either being age-restricted or having an average resident age over 55.
Executives
Derrick Burks director C/O EQUITY LIFESTYLE PROPERTIES INC, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Paul Seavey officer: Sr Vice President & Treasurer C/O EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Freedman Constance director C/O EQUITY LIFESTYLE PROPERTIES, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Andrew Berkenfield director C/O EQUITY LIFESTYLE PROPERTIES, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Patrick Waite officer: EVP & Chief Operating Officer C/O EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Marguerite M Nader officer: Vice President-Business Deve. 2S601 AVENUE LA TOURS, OAK BROOK IL 60523
Valerie Henry officer: Chief Accounting Officer C/O EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Roger Maynard officer: Senior Vice President MANUFACTURED HOME COMMUNITIES, INC., 2 N. RIVERSIDE PLAZA #8, CHICAGO IL 60606
Scott R Peppet director 1820 DEER VALLEY ROAD, BOULDER CO 80305
David J Contis director 2 NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Samuel Zell director, 10 percent owner, officer: Chairman of the Board TWO N RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Howard Walker director, officer: Chief Executive Officer MANUFACTURED HOME COMMUNITIES INC, 2 N RIVERSIDE PLAZA 800, CHICAGO IL 60606
Sheli Z Rosenberg director C/O EQUITY GROUP INVESTMENTS, L.L.C., TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Matthew Williams director C/O EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Tao Huang director C/O MORNINGSTAR, INC., 225 WEST WACKER DRIVE, CHICAGO IL 60606

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