GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equity Lifestyle Properties Inc (FRA:MHV) » Definitions » Shiller PE Ratio

Equity Lifestyle Properties (FRA:MHV) Shiller PE Ratio : 43.94 (As of May. 13, 2024)


View and export this data going back to . Start your Free Trial

What is Equity Lifestyle Properties Shiller PE Ratio?

As of today (2024-05-13), Equity Lifestyle Properties's current share price is €58.00. Equity Lifestyle Properties's E10 for the quarter that ended in Mar. 2024 was €1.32. Equity Lifestyle Properties's Shiller PE Ratio for today is 43.94.

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

FRA:MHV' s Shiller PE Ratio Range Over the Past 10 Years
Min: 42.03   Med: 73.92   Max: 93.93
Current: 43.64

During the past years, Equity Lifestyle Properties's highest Shiller PE Ratio was 93.93. The lowest was 42.03. And the median was 73.92.

FRA:MHV's Shiller PE Ratio is ranked worse than
91.01% of 445 companies
in the REITs industry
Industry Median: 11.58 vs FRA:MHV: 43.64

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.

Equity Lifestyle Properties's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.543. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Equity Lifestyle Properties Shiller PE Ratio Historical Data

The historical data trend for Equity Lifestyle Properties'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.

Equity Lifestyle Properties Shiller PE Ratio Chart

Equity Lifestyle Properties 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 86.07 69.62 79.80 50.39 50.04

Equity Lifestyle Properties 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 50.84 49.36 46.02 50.04 44.76

Competitive Comparison of Equity Lifestyle Properties's Shiller PE Ratio

For the REIT - Residential subindustry, Equity Lifestyle Properties'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.


Equity Lifestyle Properties's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Equity Lifestyle Properties's Shiller PE Ratio falls into.



Equity Lifestyle Properties 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.

Equity Lifestyle Properties's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=58.00/1.32
=43.94

* 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.

Equity Lifestyle Properties's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Equity Lifestyle Properties'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)
=0.543/129.4194*129.4194
=0.543

Current CPI (Mar. 2024) = 129.4194.

Equity Lifestyle Properties Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.110 100.560 0.142
201409 0.120 100.428 0.155
201412 0.142 99.070 0.186
201503 0.148 99.621 0.192
201506 0.169 100.684 0.217
201509 0.192 100.392 0.248
201512 0.188 99.792 0.244
201603 0.269 100.470 0.347
201606 0.187 101.688 0.238
201609 0.214 101.861 0.272
201612 0.204 101.863 0.259
201703 0.304 102.862 0.382
201706 0.200 103.349 0.250
201709 0.235 104.136 0.292
201712 0.215 104.011 0.268
201803 0.276 105.290 0.339
201806 0.223 106.317 0.271
201809 0.266 106.507 0.323
201812 0.246 105.998 0.300
201903 0.558 107.251 0.673
201906 0.230 108.070 0.275
201909 0.318 108.329 0.380
201912 0.270 108.420 0.322
202003 0.335 108.902 0.398
202006 0.222 108.767 0.264
202009 0.238 109.815 0.280
202012 0.230 109.897 0.271
202103 0.302 111.754 0.350
202106 0.274 114.631 0.309
202109 0.323 115.734 0.361
202112 0.319 117.630 0.351
202203 0.409 121.301 0.436
202206 0.312 125.017 0.323
202209 0.364 125.227 0.376
202212 0.368 125.222 0.380
202303 0.411 127.348 0.418
202306 0.314 128.729 0.316
202309 0.384 129.860 0.383
202312 0.449 129.419 0.449
202403 0.543 129.419 0.543

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.


Equity Lifestyle Properties  (FRA:MHV) 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.


Equity Lifestyle Properties Shiller PE Ratio Related Terms

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


Equity Lifestyle Properties (FRA:MHV) Business Description

Traded in Other Exchanges
Address
Two North Riverside Plaza, Suite 800, Chicago, IL, USA, 60606
Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 450 properties across the U.S. with a higher concentration in the Sunbelt region with 34% of the company's properties located in Florida, 11% in California, and 10% in Arizona. Equity Lifestyle targets owning properties in attractive retirement destinations with over 70% of the company's properties either being age-restricted or having an average resident age over 55.

Equity Lifestyle Properties (FRA:MHV) Headlines

No Headlines