Dream Industrial Real Estate Investment Trust (Dream Industrial Real Estate Investment Trust) Shiller PE Ratio : 10.13 (As of May. 11, 2024)

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What is Dream Industrial Real Estate Investment Trust Shiller PE Ratio?

As of today (2024-05-11), Dream Industrial Real Estate Investment Trust's current share price is $9.62. Dream Industrial Real Estate Investment Trust's E10 for the quarter that ended in Mar. 2024 was $0.95. Dream Industrial Real Estate Investment Trust's Shiller PE Ratio for today is 10.13.

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

DREUF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.95 Med: 10.63 Max: 13.7
Current: 10.02

During the past years, Dream Industrial Real Estate Investment Trust's highest Shiller PE Ratio was 13.70. The lowest was 8.95. And the median was 10.63.

DREUF's Shiller PE Ratio is ranked better than
58.33% of 444 companies
in the REITs industry
Industry Median: 11.51 vs DREUF: 10.02

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.

Dream Industrial Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.191. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Dream Industrial Real Estate Investment Trust Shiller PE Ratio Historical Data

The historical data trend for Dream Industrial 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.

Dream Industrial Real Estate Investment Trust Shiller PE Ratio Chart

Dream Industrial Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Shiller PE Ratio

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8.72

10.88

Dream Industrial 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															11.16	10.81	9.87	10.88	10.11

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

For the REIT - Industrial subindustry, Dream Industrial 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.

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

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

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

Dream Industrial 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.

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

Shiller PE Ratio	=	Share Price	/	E10
	=	9.62	/	0.95
	=	10.13

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

For example, Dream Industrial 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)
	=	0.191	/	125.4675	*	125.4675
	=	0.191

Current CPI (Mar. 2024) = 125.4675.

Dream Industrial Real Estate Investment Trust Quarterly Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
201406	0.187	99.473	0.236
201409	0.253	99.394	0.319
201412	0.247	98.367	0.315
201503	0.038	99.789	0.048
201506	0.278	100.500	0.347
201509	0.137	100.421	0.171
201512	-0.140	99.947	-0.176
201603	-0.074	101.054	-0.092
201606	0.002	102.002	0.002
201609	0.124	101.765	0.153
201612	-0.093	101.449	-0.115
201703	0.111	102.634	0.136
201706	-0.067	103.029	-0.082
201709	0.082	103.345	0.100
201712	0.165	103.345	0.200
201803	0.337	105.004	0.403
201806	0.119	105.557	0.141
201809	0.203	105.636	0.241
201812	0.452	105.399	0.538
201903	-0.052	106.979	-0.061
201906	0.466	107.690	0.543
201909	-0.016	107.611	-0.019
201912	0.595	107.769	0.693
202003	0.184	107.927	0.214
202006	0.013	108.401	0.015
202009	0.324	108.164	0.376
202012	0.373	108.559	0.431
202103	0.408	110.298	0.464
202106	0.640	111.720	0.719
202109	0.560	112.905	0.622
202112	0.612	113.774	0.675
202203	1.349	117.646	1.439
202206	0.490	120.806	0.509
202209	0.344	120.648	0.358
202212	-0.098	120.964	-0.102
202303	-0.047	122.702	-0.048
202306	0.218	124.203	0.220
202309	0.132	125.230	0.132
202312	-0.023	125.468	-0.023
202403	0.191	125.468	0.191

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.

Dream Industrial Real Estate Investment Trust (OTCPK:DREUF) 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.

Dream Industrial Real Estate Investment Trust Shiller PE Ratio Related Terms

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Dream Industrial Real Estate Investment Trust (Dream Industrial Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Industrial Real Estate Investment Trust (OTCPK:DREUF) » Definitions » Shiller PE Ratio

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DIR.UN:Canada

Address

30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1

Website

https://www.dreamindustrialreit.ca

Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. Its portfolio comprises industrial properties located in key markets across Canada, Europe and the USA. Its objective is to build upon and grow its portfolio and to provide stable and sustainable cash distributions to its unitholders. Geographically the business is organized into Ontario, Quebec, Western Canada, Europe and the USA. Substantial revenue is derived from the European portfolio.