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NewRiver REIT (LSE:NRR) Shiller PE Ratio : 18.28 (As of May. 23, 2024)


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What is NewRiver REIT Shiller PE Ratio?

As of today (2024-05-23), NewRiver REIT's current share price is £0.731. NewRiver REIT's E10 for the fiscal year that ended in Mar23 was £0.04. NewRiver REIT's Shiller PE Ratio for today is 18.28.

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

LSE:NRR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.16   Med: 12.59   Max: 22.65
Current: 17.04

During the past 13 years, NewRiver REIT's highest Shiller PE Ratio was 22.65. The lowest was 3.16. And the median was 12.59.

LSE:NRR's Shiller PE Ratio is ranked worse than
64.49% of 445 companies
in the REITs industry
Industry Median: 11.5 vs LSE:NRR: 17.04

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.

NewRiver REIT's adjusted earnings per share data of for the fiscal year that ended in Mar23 was £-0.054. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.04 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


NewRiver REIT Shiller PE Ratio Historical Data

The historical data trend for NewRiver REIT'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.

NewRiver REIT Shiller PE Ratio Chart

NewRiver REIT 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 12.75 4.79 13.24 17.80 18.00

NewRiver REIT Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 17.80 - 18.00 -

Competitive Comparison of NewRiver REIT's Shiller PE Ratio

For the REIT - Retail subindustry, NewRiver REIT'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.


NewRiver REIT's Shiller PE Ratio Distribution in the REITs Industry

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

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



NewRiver REIT 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.

NewRiver REIT's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.731/0.04
=18.28

* 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.

NewRiver REIT's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, NewRiver REIT's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=-0.054/126.8000*126.8000
=-0.054

Current CPI (Mar23) = 126.8000.

NewRiver REIT Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.332 99.300 0.424
201503 0.362 99.600 0.461
201603 0.389 100.400 0.491
201703 0.154 102.700 0.190
201803 0.160 105.100 0.193
201903 -0.121 107.000 -0.143
202003 -0.396 108.600 -0.462
202103 -0.491 109.700 -0.568
202203 -0.086 116.500 -0.094
202303 -0.054 126.800 -0.054

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.


NewRiver REIT  (LSE:NRR) 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.


NewRiver REIT Shiller PE Ratio Related Terms

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NewRiver REIT (LSE:NRR) Business Description

Traded in Other Exchanges
Address
89 Whitfield Street, London, GBR, W1T 4DE
NewRiver REIT PLC is a real estate investment trust that invests in, manages, and develops retail and leisure properties. The company's property portfolio comprises shopping centers, retail warehouses, and pubs across the United Kingdom. The retail properties contribute the most of the total revenue, and these are largely located in Yorkshire and Humberside, London, Northeast and Southeast England, Scotland, and Wales. The company generates most of its revenue from leasing properties to tenants, which include discount retailers, fashion and accessory stores, groceries, homeware and furniture stores, and dining venues.

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