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Annaly Capital Management (FRA:AAYA) Shiller PE Ratio : 18.28 (As of May. 08, 2024)


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What is Annaly Capital Management Shiller PE Ratio?

As of today (2024-05-08), Annaly Capital Management's current share price is €18.098. Annaly Capital Management's E10 for the quarter that ended in Mar. 2024 was €0.99. Annaly Capital Management's Shiller PE Ratio for today is 18.28.

The historical rank and industry rank for Annaly Capital Management's Shiller PE Ratio or its related term are showing as below:

FRA:AAYA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.46   Med: 7.74   Max: 22.68
Current: 18.14

During the past years, Annaly Capital Management's highest Shiller PE Ratio was 22.68. The lowest was 4.46. And the median was 7.74.

FRA:AAYA's Shiller PE Ratio is ranked worse than
66.74% of 445 companies
in the REITs industry
Industry Median: 11.52 vs FRA:AAYA: 18.14

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.

Annaly Capital Management's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.782. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Annaly Capital Management Shiller PE Ratio Historical Data

The historical data trend for Annaly Capital Management'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.

Annaly Capital Management Shiller PE Ratio Chart

Annaly Capital Management 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 9.72 12.63 9.62 6.79 22.05

Annaly Capital Management 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 7.56 11.60 12.34 22.05 18.19

Competitive Comparison of Annaly Capital Management's Shiller PE Ratio

For the REIT - Mortgage subindustry, Annaly Capital Management'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.


Annaly Capital Management's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Annaly Capital Management's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Annaly Capital Management's Shiller PE Ratio falls into.



Annaly Capital Management 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.

Annaly Capital Management's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=18.098/0.99
=18.28

* 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.

Annaly Capital Management's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Annaly Capital Management'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)
=0.782/129.4194*129.4194
=0.782

Current CPI (Mar. 2024) = 129.4194.

Annaly Capital Management Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -1.089 100.560 -1.402
201409 1.086 100.428 1.400
201412 -2.303 99.070 -3.009
201503 -1.922 99.621 -2.497
201506 3.315 100.684 4.261
201509 -2.424 100.392 -3.125
201512 2.534 99.792 3.286
201603 -3.448 100.470 -4.441
201606 -1.139 101.688 -1.450
201609 2.495 101.861 3.170
201612 6.788 101.863 8.624
201703 1.533 102.862 1.929
201706 -0.036 103.349 -0.045
201709 1.040 104.136 1.293
201712 2.096 104.011 2.608
201803 3.633 105.290 4.466
201806 1.678 106.317 2.043
201809 0.994 106.507 1.208
201812 -6.118 105.998 -7.470
201903 -2.230 107.251 -2.691
201906 -4.390 108.070 -5.257
201909 -1.961 108.329 -2.343
201912 2.952 108.420 3.524
202003 -9.303 108.902 -11.056
202006 2.060 108.767 2.451
202009 2.377 109.815 2.801
202012 1.973 109.897 2.323
202103 4.133 111.754 4.786
202106 -0.764 114.631 -0.863
202109 1.156 115.734 1.293
202112 0.956 117.630 1.052
202203 4.958 121.301 5.290
202206 2.081 125.017 2.154
202209 -0.707 125.227 -0.731
202212 -1.850 125.222 -1.912
202303 -1.672 127.348 -1.699
202306 0.249 128.729 0.250
202309 -1.134 129.860 -1.130
202312 -0.807 129.419 -0.807
202403 0.782 129.419 0.782

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.


Annaly Capital Management  (FRA:AAYA) 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.


Annaly Capital Management Shiller PE Ratio Related Terms

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


Annaly Capital Management (FRA:AAYA) Business Description

Traded in Other Exchanges
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
Annaly Capital Management Inc is an American mortgage real estate investment trust. The Company owns a portfolio of real estate related investments, including mortgage pass-through certificates, collateralized mortgage obligations, credit risk transfer securities, other securities representing interests in or obligations backed by pools of mortgage loans, residential mortgage loans and mortgage servicing rights. Its business objective is to generate net income for distribution to its stockholders and optimize its returns through prudent management of its diversified investment strategies. The Company's three investment groups are comprised of the following: Annaly Agency Group, Annaly Residential Credit Group, Annaly Mortgage Servicing Rights Group.

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