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SITE Centers (FRA:DDR2) Shiller PE Ratio : 75.29 (As of May. 06, 2024)


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What is SITE Centers Shiller PE Ratio?

As of today (2024-05-06), SITE Centers's current share price is €12.80. SITE Centers's E10 for the quarter that ended in Mar. 2024 was €0.17. SITE Centers's Shiller PE Ratio for today is 75.29.

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

FRA:DDR2' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.12   Med: 83.94   Max: 683
Current: 71.68

During the past years, SITE Centers's highest Shiller PE Ratio was 683.00. The lowest was 27.12. And the median was 83.94.

FRA:DDR2's Shiller PE Ratio is ranked worse than
96.42% of 447 companies
in the REITs industry
Industry Median: 11.52 vs FRA:DDR2: 71.68

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.

SITE Centers's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SITE Centers Shiller PE Ratio Historical Data

The historical data trend for SITE Centers'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.

SITE Centers Shiller PE Ratio Chart

SITE Centers 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 - - - 393.83 71.84

SITE Centers 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 304.02 187.31 125.24 71.84 75.17

Competitive Comparison of SITE Centers's Shiller PE Ratio

For the REIT - Retail subindustry, SITE Centers'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.


SITE Centers's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where SITE Centers's Shiller PE Ratio falls into.



SITE Centers 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.

SITE Centers's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=12.80/0.17
=75.29

* 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.

SITE Centers's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, SITE Centers'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)
=-0.12/129.4194*129.4194
=-0.120

Current CPI (Mar. 2024) = 129.4194.

SITE Centers Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.280 100.560 0.360
201409 0.264 100.428 0.340
201412 -0.081 99.070 -0.106
201503 -1.275 99.621 -1.656
201506 0.053 100.684 0.068
201509 0.267 100.392 0.344
201512 0.441 99.792 0.572
201603 0.198 100.470 0.255
201606 0.178 101.688 0.227
201609 -0.321 101.861 -0.408
201612 0.152 101.863 0.193
201703 -0.299 102.862 -0.376
201706 0.116 103.349 0.145
201709 -0.034 104.136 -0.042
201712 -1.048 104.011 -1.304
201803 -0.276 105.290 -0.339
201806 -0.060 106.317 -0.073
201809 -0.077 106.507 -0.094
201812 0.817 105.998 0.998
201903 0.133 107.251 0.160
201906 0.044 108.070 0.053
201909 0.073 108.329 0.087
201912 0.045 108.420 0.054
202003 0.136 108.902 0.162
202006 -0.044 108.767 -0.052
202009 0.008 109.815 0.009
202012 -0.025 109.897 -0.029
202103 0.042 111.754 0.049
202106 0.050 114.631 0.056
202109 0.102 115.734 0.114
202112 0.230 117.630 0.253
202203 0.045 121.301 0.048
202206 0.255 125.017 0.264
202209 0.303 125.227 0.313
202212 0.113 125.222 0.117
202303 0.056 127.348 0.057
202306 0.009 128.729 0.009
202309 0.206 129.860 0.205
202312 0.844 129.419 0.844
202403 -0.120 129.419 -0.120

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.


SITE Centers  (FRA:DDR2) 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.


SITE Centers Shiller PE Ratio Related Terms

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


SITE Centers (FRA:DDR2) Business Description

Traded in Other Exchanges
Address
3300 Enterprise Parkway, Beachwood, OH, USA, 44122
SITE Centers Corp is a United States-based self-administered and self-managed REIT that operates as a fully integrated real estate company. The company is the owner and manager of open-air shopping centers that provide a compelling shopping experience and merchandise mix for retail partners and consumers.

SITE Centers (FRA:DDR2) Headlines

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