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Four Corners Property Trust (FRA:4Z1) Shiller PE Ratio : 17.46 (As of May. 26, 2024)


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What is Four Corners Property Trust Shiller PE Ratio?

As of today (2024-05-26), Four Corners Property Trust's current share price is €22.00. Four Corners Property Trust's E10 for the quarter that ended in Mar. 2024 was €1.26. Four Corners Property Trust's Shiller PE Ratio for today is 17.46.

The historical rank and industry rank for Four Corners Property Trust's Shiller PE Ratio or its related term are showing as below:

FRA:4Z1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.83   Med: 17.27   Max: 18.38
Current: 17.35

During the past years, Four Corners Property Trust's highest Shiller PE Ratio was 18.38. The lowest was 14.83. And the median was 17.27.

FRA:4Z1's Shiller PE Ratio is ranked worse than
65.77% of 444 companies
in the REITs industry
Industry Median: 11.48 vs FRA:4Z1: 17.35

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.

Four Corners Property Trust's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.239. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Four Corners Property Trust Shiller PE Ratio Historical Data

The historical data trend for Four Corners Property 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.

Four Corners Property Trust Shiller PE Ratio Chart

Four Corners Property 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 - - - - 18.41

Four Corners Property 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 - - 16.00 18.41 17.61

Competitive Comparison of Four Corners Property Trust's Shiller PE Ratio

For the REIT - Retail subindustry, Four Corners Property 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.


Four Corners Property Trust's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Four Corners Property Trust's Shiller PE Ratio falls into.



Four Corners Property 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.

Four Corners Property Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=22.00/1.26
=17.46

* 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.

Four Corners Property Trust's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Four Corners Property 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)
=0.239/131.7762*131.7762
=0.239

Current CPI (Mar. 2024) = 131.7762.

Four Corners Property Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 -0.002 99.070 -0.003
201503 0.003 99.621 0.004
201506 0.003 100.684 0.004
201509 0.002 100.392 0.003
201512 0.114 99.792 0.151
201603 1.446 100.470 1.897
201606 0.223 101.688 0.289
201609 0.223 101.861 0.288
201612 0.512 101.863 0.662
201703 0.243 102.862 0.311
201706 0.267 103.349 0.340
201709 0.260 104.136 0.329
201712 0.253 104.011 0.321
201803 0.211 105.290 0.264
201806 0.377 106.317 0.467
201809 0.231 106.507 0.286
201812 0.272 105.998 0.338
201903 0.230 107.251 0.283
201906 0.230 108.070 0.280
201909 0.245 108.329 0.298
201912 0.243 108.420 0.295
202003 0.244 108.902 0.295
202006 0.231 108.767 0.280
202009 0.229 109.815 0.275
202012 0.222 109.897 0.266
202103 0.227 111.754 0.268
202106 0.216 114.631 0.248
202109 0.238 115.734 0.271
202112 0.266 117.630 0.298
202203 0.254 121.301 0.276
202206 0.331 125.017 0.349
202209 0.303 125.227 0.319
202212 0.255 125.222 0.268
202303 0.252 127.348 0.261
202306 0.249 128.729 0.255
202309 0.253 129.860 0.257
202312 0.248 129.419 0.253
202403 0.239 131.776 0.239

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.


Four Corners Property Trust  (FRA:4Z1) 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.


Four Corners Property Trust Shiller PE Ratio Related Terms

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Four Corners Property Trust (FRA:4Z1) Business Description

Traded in Other Exchanges
Address
591 Redwood Highway, Suite 3215, Mill Valley, CA, USA, 94941
Four Corners Property Trust Inc is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. The firm operates through two segments namely, real estate operations and restaurant operations. The real estate operations segment consists of rental revenues primarily generated by leasing restaurant and retail properties to tenants. The restaurant operations segment is conducted through a taxable REIT subsidiary (TRS) and consists of Kerrow Restaurant Operating Business. The firm generates most of the revenue from the real estate operations segment.

Four Corners Property Trust (FRA:4Z1) Headlines

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