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Picton Propertyome (LSE:PCTN) Shiller PE Ratio : 6.78 (As of May. 22, 2024)


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What is Picton Propertyome Shiller PE Ratio?

As of today (2024-05-22), Picton Propertyome's current share price is £0.678. Picton Propertyome's E10 for the fiscal year that ended in Mar23 was £0.10. Picton Propertyome's Shiller PE Ratio for today is 6.78.

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

LSE:PCTN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.15   Med: 10.69   Max: 92.9
Current: 6.7

During the past 13 years, Picton Propertyome's highest Shiller PE Ratio was 92.90. The lowest was 6.15. And the median was 10.69.

LSE:PCTN's Shiller PE Ratio is ranked better than
80.49% of 446 companies
in the REITs industry
Industry Median: 11.48 vs LSE:PCTN: 6.70

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.

Picton Propertyome's adjusted earnings per share data of for the fiscal year that ended in Mar23 was £-0.165. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.10 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Picton Propertyome Shiller PE Ratio Historical Data

The historical data trend for Picton Propertyome'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.

Picton Propertyome Shiller PE Ratio Chart

Picton Propertyome 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 13.02 11.10 11.11 9.07 6.75

Picton Propertyome 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 - 9.07 - 6.75 -

Competitive Comparison of Picton Propertyome's Shiller PE Ratio

For the REIT - Diversified subindustry, Picton Propertyome'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.


Picton Propertyome's Shiller PE Ratio Distribution in the REITs Industry

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

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



Picton Propertyome 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.

Picton Propertyome's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.678/0.1
=6.78

* 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.

Picton Propertyome's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Picton Propertyome'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)
=-0.165/127.3478*127.3478
=-0.165

Current CPI (Mar23) = 127.3478.

Picton Propertyome Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.104 99.695 0.133
201503 0.154 99.621 0.197
201603 0.120 100.470 0.152
201703 0.079 102.862 0.098
201803 0.119 105.290 0.144
201903 0.057 107.251 0.068
202003 0.041 108.902 0.048
202103 0.062 111.754 0.071
202203 0.269 121.301 0.282
202303 -0.165 127.348 -0.165

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.


Picton Propertyome  (LSE:PCTN) 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.


Picton Propertyome Shiller PE Ratio Related Terms

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Picton Propertyome (LSE:PCTN) Business Description

Traded in Other Exchanges
N/A
Address
1st & 2nd Floors, Elizabeth House, Les Ruettes Brayes, Saint Peter Port, GGY, GY1 1EW
Picton Property Income Ltd is a UK Real Estate Investment Trust which invests in commercial property across the United Kingdom. It owns a property portfolio consisting of assets invested across the main commercial property sectors: Industrial, Office, Retail, and Leisure. The portfolio is invested in the industrial and office sectors and is biased towards London and the South East. Some of the properties include Parkbury Industrial Estate, River Way Industrial Estate, Angel Gate, Stanford House, Tower Wharf, and others.

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