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SAorate Real Estate (JSE:SAC) Shiller PE Ratio : 5.02 (As of May. 24, 2024)


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What is SAorate Real Estate Shiller PE Ratio?

As of today (2024-05-24), SAorate Real Estate's current share price is R2.56. SAorate Real Estate's E10 for the fiscal year that ended in Dec23 was R0.51. SAorate Real Estate's Shiller PE Ratio for today is 5.02.

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

JSE:SAC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.33   Med: 5.48   Max: 12.77
Current: 5.04

During the past 13 years, SAorate Real Estate's highest Shiller PE Ratio was 12.77. The lowest was 1.33. And the median was 5.48.

JSE:SAC's Shiller PE Ratio is ranked better than
88.51% of 444 companies
in the REITs industry
Industry Median: 11.48 vs JSE:SAC: 5.04

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.

SAorate Real Estate's adjusted earnings per share data of for the fiscal year that ended in Dec23 was R0.485. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R0.51 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


SAorate Real Estate Shiller PE Ratio Historical Data

The historical data trend for SAorate Real Estate'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.

SAorate Real Estate Shiller PE Ratio Chart

SAorate Real Estate 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 5.08 3.50 4.56 4.55 4.57

SAorate Real Estate Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 4.56 - 4.55 - 4.57

Competitive Comparison of SAorate Real Estate's Shiller PE Ratio

For the REIT - Diversified subindustry, SAorate Real Estate'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.


SAorate Real Estate's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where SAorate Real Estate's Shiller PE Ratio falls into.



SAorate Real Estate 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.

SAorate Real Estate's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.56/0.51
=5.02

* 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.

SAorate Real Estate's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, SAorate Real Estate's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.485/152.7175*152.7175
=0.485

Current CPI (Dec23) = 152.7175.

SAorate Real Estate Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.484 96.794 0.764
201512 0.695 101.808 1.043
201612 1.069 109.002 1.498
201712 0.617 113.907 0.827
201812 0.335 118.921 0.430
201912 0.093 123.717 0.115
202012 -0.594 127.467 -0.712
202112 0.247 135.029 0.279
202212 0.329 145.156 0.346
202312 0.485 152.718 0.485

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.


SAorate Real Estate  (JSE:SAC) 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.


SAorate Real Estate Shiller PE Ratio Related Terms

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


SAorate Real Estate (JSE:SAC) Business Description

Traded in Other Exchanges
N/A
Address
Corner Lower Road and West Road South, GreenPark Corner, 16th Floor, Morningside, Johannesburg, GT, ZAF, 2196
SA Corporate Real Estate Ltd is a real estate investment trust. The company's portfolio includes mostly industrial and retail properties, with the remainder inner-city residential and commercial assets. The properties are mainly located in the metropolitan centres of South Africa, with more than half located in Gauteng, approximately one third in KwaZulu-Natal, and the others in Western Cape and other regions. The company's tenants consist of large national tenants, government tenants and franchisees.

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