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Dynex Capital (FRA:DYT1) Shiller PE Ratio : 8.16 (As of May. 04, 2024)


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What is Dynex Capital Shiller PE Ratio?

As of today (2024-05-04), Dynex Capital's current share price is €11.02. Dynex Capital's E10 for the quarter that ended in Mar. 2024 was €1.35. Dynex Capital's Shiller PE Ratio for today is 8.16.

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

FRA:DYT1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.68   Med: 8.76   Max: 32.97
Current: 8.2

During the past years, Dynex Capital's highest Shiller PE Ratio was 32.97. The lowest was 5.68. And the median was 8.76.

FRA:DYT1's Shiller PE Ratio is ranked better than
70.09% of 448 companies
in the REITs industry
Industry Median: 11.495 vs FRA:DYT1: 8.20

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.

Dynex Capital's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.589. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dynex Capital Shiller PE Ratio Historical Data

The historical data trend for Dynex Capital'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.

Dynex Capital Shiller PE Ratio Chart

Dynex Capital 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 11.10 10.27 9.13 7.11 9.03

Dynex Capital 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 7.55 8.35 8.01 9.03 8.45

Competitive Comparison of Dynex Capital's Shiller PE Ratio

For the REIT - Mortgage subindustry, Dynex Capital'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.


Dynex Capital's Shiller PE Ratio Distribution in the REITs Industry

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

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



Dynex Capital 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.

Dynex Capital's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.02/1.35
=8.16

* 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.

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

For example, Dynex Capital'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)
=0.589/129.4194*129.4194
=0.589

Current CPI (Mar. 2024) = 129.4194.

Dynex Capital Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.335 100.560 -0.431
201409 1.211 100.428 1.561
201412 0.073 99.070 0.095
201503 -0.582 99.621 -0.756
201506 1.390 100.684 1.787
201509 -1.978 100.392 -2.550
201512 1.680 99.792 2.179
201603 -2.182 100.470 -2.811
201606 -0.294 101.688 -0.374
201609 0.668 101.861 0.849
201612 3.868 101.863 4.914
201703 0.365 102.862 0.459
201706 -0.534 103.349 -0.669
201709 0.378 104.136 0.470
201712 0.913 104.011 1.136
201803 1.800 105.290 2.213
201806 0.582 106.317 0.708
201809 1.011 106.507 1.228
201812 -3.534 105.998 -4.315
201903 -2.142 107.251 -2.585
201906 -4.407 108.070 -5.278
201909 -1.498 108.329 -1.790
201912 2.034 108.420 2.428
202003 -4.190 108.902 -4.979
202006 7.379 108.767 8.780
202009 1.375 109.815 1.620
202012 1.315 109.897 1.549
202103 3.528 111.754 4.086
202106 -1.187 114.631 -1.340
202109 0.298 115.734 0.333
202112 0.292 117.630 0.321
202203 2.824 121.301 3.013
202206 0.653 125.017 0.676
202209 -1.081 125.227 -1.117
202212 0.802 125.222 0.829
202303 -0.757 127.348 -0.769
202306 0.886 128.729 0.891
202309 -0.768 129.860 -0.765
202312 0.358 129.419 0.358
202403 0.589 129.419 0.589

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.


Dynex Capital  (FRA:DYT1) 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.


Dynex Capital Shiller PE Ratio Related Terms

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


Dynex Capital (FRA:DYT1) Business Description

Traded in Other Exchanges
Address
4991 Lake Brook Drive, Suite 100, Glen Allen, Richmond, VA, USA, 23060-9245
Dynex Capital Inc is a real estate investment trust. The company primarily invests in residential and commercial mortgage-backed securities. Its investments consist principally of Agency mortgage-backed securities including residential MBS and commercial MBS.

Dynex Capital (FRA:DYT1) Headlines

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