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Corem Property Group AB (OSTO:CORE B) Shiller PE Ratio : 4.77 (As of May. 08, 2024)


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What is Corem Property Group AB Shiller PE Ratio?

As of today (2024-05-08), Corem Property Group AB's current share price is kr9.055. Corem Property Group AB's E10 for the quarter that ended in Mar. 2024 was kr1.90. Corem Property Group AB's Shiller PE Ratio for today is 4.77.

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

OSTO:CORE B' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.28   Med: 9.52   Max: 15.02
Current: 4.43

During the past years, Corem Property Group AB's highest Shiller PE Ratio was 15.02. The lowest was 2.28. And the median was 9.52.

OSTO:CORE B's Shiller PE Ratio is ranked better than
81.73% of 1078 companies
in the Real Estate industry
Industry Median: 11.01 vs OSTO:CORE B: 4.43

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.

Corem Property Group AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr-0.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr1.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corem Property Group AB Shiller PE Ratio Historical Data

The historical data trend for Corem Property Group AB'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.

Corem Property Group AB Shiller PE Ratio Chart

Corem Property Group AB 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 12.67 9.58 12.14 3.79 5.47

Corem Property Group AB 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 2.95 2.44 2.96 5.47 5.73

Competitive Comparison of Corem Property Group AB's Shiller PE Ratio

For the Real Estate Services subindustry, Corem Property Group AB'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.


Corem Property Group AB's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Corem Property Group AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Corem Property Group AB's Shiller PE Ratio falls into.



Corem Property Group AB 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.

Corem Property Group AB's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.055/1.9
=4.77

* 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.

Corem Property Group AB's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Corem Property Group AB'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)
=-0.28/130.9575*130.9575
=-0.280

Current CPI (Mar. 2024) = 130.9575.

Corem Property Group AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.022 100.432 0.029
201409 0.189 100.161 0.247
201412 0.068 100.225 0.089
201503 0.273 99.950 0.358
201506 0.897 99.995 1.175
201509 0.146 100.228 0.191
201512 0.666 100.276 0.870
201603 0.218 100.751 0.283
201606 0.245 101.019 0.318
201609 0.724 101.138 0.937
201612 1.099 102.022 1.411
201703 0.490 102.022 0.629
201706 0.650 102.752 0.828
201709 0.468 103.279 0.593
201712 0.625 103.793 0.789
201803 0.650 103.962 0.819
201806 0.550 104.875 0.687
201809 0.690 105.679 0.855
201812 1.160 105.912 1.434
201903 0.670 105.886 0.829
201906 1.550 106.742 1.902
201909 3.210 107.214 3.921
201912 2.920 107.766 3.548
202003 -4.130 106.563 -5.075
202006 0.170 107.498 0.207
202009 1.870 107.635 2.275
202012 1.580 108.296 1.911
202103 1.140 108.360 1.378
202106 2.440 108.928 2.933
202109 0.810 110.338 0.961
202112 1.905 112.486 2.218
202203 1.470 114.825 1.677
202206 0.040 118.384 0.044
202209 -0.320 122.296 -0.343
202212 -3.360 126.365 -3.482
202303 -0.950 127.042 -0.979
202306 -1.810 129.407 -1.832
202309 -2.160 130.224 -2.172
202312 -2.970 130.958 -2.970
202403 -0.280 130.958 -0.280

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.


Corem Property Group AB  (OSTO:CORE B) 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.


Corem Property Group AB Shiller PE Ratio Related Terms

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


Corem Property Group AB (OSTO:CORE B) Business Description

Address
Riddargatan 13 C Vaxel, Box 560 85, Stockholm, SWE, 102 17
Corem Property Group AB is engaged in the acquisition, management, development, and renewal of industrial, storage, logistical and commercial real estates in Sweden and Denmark. Its activities are divided into five geographical regions namely Stockholm, South, West, Smaland, and Malardalen.

Corem Property Group AB (OSTO:CORE B) Headlines

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