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Rayonier (FRA:RA6) Shiller PE Ratio : 31.24 (As of May. 07, 2024)


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What is Rayonier Shiller PE Ratio?

As of today (2024-05-07), Rayonier's current share price is €27.80. Rayonier's E10 for the quarter that ended in Mar. 2024 was €0.89. Rayonier's Shiller PE Ratio for today is 31.24.

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

FRA:RA6' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.48   Med: 17.62   Max: 34.76
Current: 31.04

During the past years, Rayonier's highest Shiller PE Ratio was 34.76. The lowest was 10.48. And the median was 17.62.

FRA:RA6's Shiller PE Ratio is ranked worse than
84.79% of 447 companies
in the REITs industry
Industry Median: 11.52 vs FRA:RA6: 31.04

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.

Rayonier's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.009. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rayonier Shiller PE Ratio Historical Data

The historical data trend for Rayonier'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.

Rayonier Shiller PE Ratio Chart

Rayonier 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 20.82 20.87 30.02 26.93 33.22

Rayonier 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 30.12 30.15 28.29 33.22 34.43

Competitive Comparison of Rayonier's Shiller PE Ratio

For the REIT - Specialty subindustry, Rayonier'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.


Rayonier's Shiller PE Ratio Distribution in the REITs Industry

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

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



Rayonier 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.

Rayonier's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=27.80/0.89
=31.24

* 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.

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

For example, Rayonier'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)
=0.009/129.4194*129.4194
=0.009

Current CPI (Mar. 2024) = 129.4194.

Rayonier Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.088 100.560 0.113
201409 0.194 100.428 0.250
201412 0.057 99.070 0.074
201503 0.129 99.621 0.168
201506 -0.009 100.684 -0.012
201509 0.143 100.392 0.184
201512 0.073 99.792 0.095
201603 0.108 100.470 0.139
201606 0.792 101.688 1.008
201609 0.285 101.861 0.362
201612 0.370 101.863 0.470
201703 0.252 102.862 0.317
201706 0.178 103.349 0.223
201709 0.159 104.136 0.198
201712 0.422 104.011 0.525
201803 0.251 105.290 0.309
201806 0.240 106.317 0.292
201809 0.154 106.507 0.187
201812 0.018 105.998 0.022
201903 0.168 107.251 0.203
201906 0.124 108.070 0.148
201909 -0.003 108.329 -0.004
201912 0.108 108.420 0.129
202003 0.181 108.902 0.215
202006 0.009 108.767 0.011
202009 -0.008 109.815 -0.009
202012 0.058 109.897 0.068
202103 0.067 111.754 0.078
202106 0.340 114.631 0.384
202109 0.451 115.734 0.504
202112 0.053 117.630 0.058
202203 0.182 121.301 0.194
202206 0.151 125.017 0.156
202209 0.141 125.227 0.146
202212 0.208 125.222 0.215
202303 0.056 127.348 0.057
202306 0.120 128.729 0.121
202309 0.122 129.860 0.122
202312 0.779 129.419 0.779
202403 0.009 129.419 0.009

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.


Rayonier  (FRA:RA6) 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.


Rayonier Shiller PE Ratio Related Terms

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


Rayonier (FRA:RA6) Business Description

Traded in Other Exchanges
Address
1 Rayonier Way, Wildlight, FL, USA, 32097
Rayonier owns and manages over 2 million acres of timberland in the United States. It is one the largest private landowners in North America. The firm also owns timberland in New Zealand. Rayonier is structured as a real estate investment trust and is not required to pay federal income taxes on earnings generated by timber harvest activities.

Rayonier (FRA:RA6) Headlines

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