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Mapletree Industrial Trust (FRA:M2L) Shiller PE Ratio : 11.20 (As of May. 27, 2024)


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What is Mapletree Industrial Trust Shiller PE Ratio?

As of today (2024-05-27), Mapletree Industrial Trust's current share price is €1.4554. Mapletree Industrial Trust's E10 for the quarter that ended in Dec. 2023 was €0.13. Mapletree Industrial Trust's Shiller PE Ratio for today is 11.20.

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

FRA:M2L' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.98   Med: 12.98   Max: 16.67
Current: 11.78

During the past years, Mapletree Industrial Trust's highest Shiller PE Ratio was 16.67. The lowest was 6.98. And the median was 12.98.

FRA:M2L's Shiller PE Ratio is ranked worse than
51.46% of 445 companies
in the REITs industry
Industry Median: 11.43 vs FRA:M2L: 11.78

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.

Mapletree Industrial Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.023. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mapletree Industrial Trust Shiller PE Ratio Historical Data

The historical data trend for Mapletree Industrial 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.

Mapletree Industrial Trust Shiller PE Ratio Chart

Mapletree Industrial Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 9.87 15.85 14.39 12.84

Mapletree Industrial Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.37 12.84 11.84 12.00 13.38

Competitive Comparison of Mapletree Industrial Trust's Shiller PE Ratio

For the REIT - Industrial subindustry, Mapletree Industrial 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.


Mapletree Industrial Trust's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Mapletree Industrial Trust's Shiller PE Ratio falls into.



Mapletree Industrial 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.

Mapletree Industrial Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.4554/0.13
=11.20

* 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.

Mapletree Industrial Trust's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Mapletree Industrial Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.023/129.4194*129.4194
=0.023

Current CPI (Dec. 2023) = 129.4194.

Mapletree Industrial Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.065 99.695 0.084
201406 0.015 100.560 0.019
201409 0.016 100.428 0.021
201412 0.016 99.070 0.021
201503 0.094 99.621 0.122
201506 0.018 100.684 0.023
201509 0.017 100.392 0.022
201512 0.018 99.792 0.023
201603 0.047 100.470 0.061
201606 0.018 101.688 0.023
201609 0.018 101.861 0.023
201612 0.018 101.863 0.023
201703 0.045 102.862 0.057
201706 0.019 103.349 0.024
201709 0.019 104.136 0.024
201712 0.019 104.011 0.024
201803 0.046 105.290 0.057
201806 0.019 106.317 0.023
201809 0.019 106.507 0.023
201812 0.019 105.998 0.023
201903 0.034 107.251 0.041
201906 0.020 108.070 0.024
201909 0.021 108.329 0.025
201912 0.021 108.420 0.025
202003 0.051 108.902 0.061
202006 0.021 108.767 0.025
202009 0.019 109.815 0.022
202012 0.017 109.897 0.020
202103 -0.013 111.754 -0.015
202106 0.022 114.631 0.025
202109 0.023 115.734 0.026
202112 0.024 117.630 0.026
202203 0.040 121.301 0.043
202206 0.026 125.017 0.027
202209 0.026 125.227 0.027
202212 0.025 125.222 0.026
202303 -0.003 127.348 -0.003
202306 0.023 128.729 0.023
202309 0.022 129.860 0.022
202312 0.023 129.419 0.023

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.


Mapletree Industrial Trust  (FRA:M2L) 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.


Mapletree Industrial Trust Shiller PE Ratio Related Terms

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Mapletree Industrial Trust (FRA:M2L) Business Description

Traded in Other Exchanges
Address
10 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Industrial Trust is a real estate investment trust focusing on industrial properties and data centers. Its property portfolio consists of 85 properties in Singapore and 56 properties in North America (including 13 data centers held through a joint venture with its sponsor, Mapletree Investments Private Limited). Types of property owned includes data centers, high-tech buildings, business parks and general industrial. The trust is externally managed by Mapletree Industrial Trust Management Limited, a subsidiary of its sponsor, which owns around 31% stake in the trust.

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