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W.P. Carey (FRA:WPY) Shiller PE Ratio : 19.63 (As of May. 04, 2024)


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What is W.P. Carey Shiller PE Ratio?

As of today (2024-05-04), W.P. Carey's current share price is €52.40. W.P. Carey's E10 for the quarter that ended in Mar. 2024 was €2.67. W.P. Carey's Shiller PE Ratio for today is 19.63.

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

FRA:WPY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.26   Med: 29   Max: 38.12
Current: 19.58

During the past years, W.P. Carey's highest Shiller PE Ratio was 38.12. The lowest was 17.26. And the median was 29.00.

FRA:WPY's Shiller PE Ratio is ranked worse than
68.3% of 448 companies
in the REITs industry
Industry Median: 11.495 vs FRA:WPY: 19.58

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.

W.P. Carey's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.662. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


W.P. Carey Shiller PE Ratio Historical Data

The historical data trend for W.P. Carey'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.

W.P. Carey Shiller PE Ratio Chart

W.P. Carey 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 32.62 27.90 32.70 27.82 21.69

W.P. Carey 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 26.06 22.60 17.79 21.69 19.50

Competitive Comparison of W.P. Carey's Shiller PE Ratio

For the REIT - Diversified subindustry, W.P. Carey'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.


W.P. Carey's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where W.P. Carey's Shiller PE Ratio falls into.



W.P. Carey 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.

W.P. Carey's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=52.40/2.67
=19.63

* 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.

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

For example, W.P. Carey'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)
=0.662/129.4194*129.4194
=0.662

Current CPI (Mar. 2024) = 129.4194.

W.P. Carey Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.471 100.560 0.606
201409 0.210 100.428 0.271
201412 0.243 99.070 0.317
201503 0.314 99.621 0.408
201506 0.526 100.684 0.676
201509 0.178 100.392 0.229
201512 0.441 99.792 0.572
201603 0.485 100.470 0.625
201606 0.427 101.688 0.543
201609 0.918 101.861 1.166
201612 0.417 101.863 0.530
201703 0.496 102.862 0.624
201706 0.525 103.349 0.657
201709 0.621 104.136 0.772
201712 0.583 104.011 0.725
201803 0.487 105.290 0.599
201806 0.599 106.317 0.729
201809 0.608 106.507 0.739
201812 1.169 105.998 1.427
201903 0.363 107.251 0.438
201906 0.336 108.070 0.402
201909 0.218 108.329 0.260
201912 0.675 108.420 0.806
202003 0.344 108.902 0.409
202006 0.542 108.767 0.645
202009 0.722 109.815 0.851
202012 0.625 109.897 0.736
202103 0.244 111.754 0.283
202106 0.556 114.631 0.628
202109 0.629 115.734 0.703
202112 0.469 117.630 0.516
202203 0.745 121.301 0.795
202206 0.624 125.017 0.646
202209 0.515 125.227 0.532
202212 0.944 125.222 0.976
202303 1.298 127.348 1.319
202306 0.618 128.729 0.621
202309 0.543 129.860 0.541
202312 0.605 129.419 0.605
202403 0.662 129.419 0.662

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.


W.P. Carey  (FRA:WPY) 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.


W.P. Carey Shiller PE Ratio Related Terms

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W.P. Carey (FRA:WPY) Business Description

Traded in Other Exchanges
Address
One Manhattan West, 395 9th Avenue, 58th Floor, New York, NY, USA, 10001
W.P. Carey Inc is a real estate investment trust principally involved in the ownership of properties located in the U.S., Western Europe, and Northern Europe. W.P. Carey organizes its operations into Real Estate and Investment Management segments. The vast majority of the company's income is derived from its Real Estate division in the form of lease revenue from long-term agreements with companies. W.P. Carey's real estate portfolio is primarily comprised of single-tenant office, industrial, warehouse, and retail facilities located around the world. most of the company's revenue comes from properties in the USA. The company's Investment Management unit generates revenue from providing real estate advisory and portfolio management services to other REITs.

W.P. Carey (FRA:WPY) Headlines

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