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Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Shiller PE Ratio : 9.28 (As of May. 13, 2024)


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What is Dusit Thani Freehold and Leasehold REIT Shiller PE Ratio?

As of today (2024-05-13), Dusit Thani Freehold and Leasehold REIT's current share price is ฿4.64. Dusit Thani Freehold and Leasehold REIT's E10 for the fiscal year that ended in Dec23 was ฿0.50. Dusit Thani Freehold and Leasehold REIT's Shiller PE Ratio for today is 9.28.

The historical rank and industry rank for Dusit Thani Freehold and Leasehold REIT's Shiller PE Ratio or its related term are showing as below:

BKK:DREIT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.53   Med: 9.57   Max: 11.85
Current: 9.19

During the past 13 years, Dusit Thani Freehold and Leasehold REIT's highest Shiller PE Ratio was 11.85. The lowest was 6.53. And the median was 9.57.

BKK:DREIT's Shiller PE Ratio is ranked better than
61.57% of 445 companies
in the REITs industry
Industry Median: 11.58 vs BKK:DREIT: 9.19

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.

Dusit Thani Freehold and Leasehold REIT's adjusted earnings per share data of for the fiscal year that ended in Dec23 was ฿0.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ฿0.50 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dusit Thani Freehold and Leasehold REIT Shiller PE Ratio Historical Data

The historical data trend for Dusit Thani Freehold and Leasehold REIT'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.

Dusit Thani Freehold and Leasehold REIT Shiller PE Ratio Chart

Dusit Thani Freehold and Leasehold REIT 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 - 7.10 9.17 11.32 9.99

Dusit Thani Freehold and Leasehold REIT 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 11.32 - - - 9.99

Competitive Comparison of Dusit Thani Freehold and Leasehold REIT's Shiller PE Ratio

For the REIT - Hotel & Motel subindustry, Dusit Thani Freehold and Leasehold 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.


Dusit Thani Freehold and Leasehold REIT's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dusit Thani Freehold and Leasehold REIT's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Dusit Thani Freehold and Leasehold REIT's Shiller PE Ratio falls into.



Dusit Thani Freehold and Leasehold 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.

Dusit Thani Freehold and Leasehold REIT's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.64/0.5
=9.28

* 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.

Dusit Thani Freehold and Leasehold REIT's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Dusit Thani Freehold and Leasehold REIT's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.38/129.4194*129.4194
=0.380

Current CPI (Dec23) = 129.4194.

Dusit Thani Freehold and Leasehold REIT Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.732 99.070 0.956
201512 0.427 99.792 0.554
201612 0.220 101.863 0.280
201712 0.000 104.011 0.000
201812 0.430 105.998 0.525
201912 0.171 108.420 0.204
202012 0.451 109.897 0.531
202112 0.558 117.630 0.614
202212 0.448 125.222 0.463
202312 0.380 129.419 0.380

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.


Dusit Thani Freehold and Leasehold REIT  (BKK:DREIT) 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.


Dusit Thani Freehold and Leasehold REIT Shiller PE Ratio Related Terms

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Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Business Description

Traded in Other Exchanges
N/A
Address
Phayathai Road, No. 319 Chamchuri Square Building, 29th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
Dusit Thani Freehold and Leasehold REIT is a closed-end property fund engaged in seeking funds from investors to invest in property or property leasehold rights. The Trust invests in freehold and leasehold properties, including sublease high-quality real estate, hotels, and other types of property relevant or beneficial to hotel properties. Its operating segment includes Leasing and others. The company generates maximum revenue from the Leasing segment.

Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Headlines

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