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SM Prime Holdings (PHS:SMPH) Shiller PE Ratio : 24.74 (As of May. 17, 2024)


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What is SM Prime Holdings Shiller PE Ratio?

As of today (2024-05-17), SM Prime Holdings's current share price is ₱28.45. SM Prime Holdings's E10 for the quarter that ended in Mar. 2024 was ₱1.15. SM Prime Holdings's Shiller PE Ratio for today is 24.74.

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

PHS:SMPH' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.26   Med: 36.2   Max: 208.33
Current: 23.51

During the past years, SM Prime Holdings's highest Shiller PE Ratio was 208.33. The lowest was 23.26. And the median was 36.20.

PHS:SMPH's Shiller PE Ratio is ranked worse than
77.71% of 1081 companies
in the Real Estate industry
Industry Median: 11.14 vs PHS:SMPH: 23.51

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.

SM Prime Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was ₱0.363. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₱1.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SM Prime Holdings Shiller PE Ratio Historical Data

The historical data trend for SM Prime Holdings'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.

SM Prime Holdings Shiller PE Ratio Chart

SM Prime Holdings 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 45.49 40.72 34.17 34.11 28.91

SM Prime Holdings 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 30.60 29.97 26.88 28.91 28.37

Competitive Comparison of SM Prime Holdings's Shiller PE Ratio

For the Real Estate - Diversified subindustry, SM Prime Holdings'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.


SM Prime Holdings's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where SM Prime Holdings's Shiller PE Ratio falls into.



SM Prime Holdings 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.

SM Prime Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=28.45/1.15
=24.74

* 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.

SM Prime Holdings's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, SM Prime Holdings'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)
=0.363/131.7762*131.7762
=0.363

Current CPI (Mar. 2024) = 131.7762.

SM Prime Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.188 100.560 0.246
201409 0.132 100.428 0.173
201412 0.171 99.070 0.227
201503 0.438 99.621 0.579
201506 0.209 100.684 0.274
201509 0.146 100.392 0.192
201512 0.188 99.792 0.248
201603 0.202 100.470 0.265
201606 0.234 101.688 0.303
201609 0.169 101.861 0.219
201612 0.221 101.863 0.286
201703 0.229 102.862 0.293
201706 0.270 103.349 0.344
201709 0.196 104.136 0.248
201712 0.261 104.011 0.331
201803 0.263 105.290 0.329
201806 0.313 106.317 0.388
201809 0.236 106.507 0.292
201812 0.303 105.998 0.377
201903 0.305 107.251 0.375
201906 0.364 108.070 0.444
201909 0.287 108.329 0.349
201912 0.364 108.420 0.442
202003 0.288 108.902 0.348
202006 0.073 108.767 0.088
202009 0.136 109.815 0.163
202012 0.126 109.897 0.151
202103 0.224 111.754 0.264
202106 0.179 114.631 0.206
202109 0.138 115.734 0.157
202112 0.214 117.630 0.240
202203 0.257 121.301 0.279
202206 0.232 125.017 0.245
202209 0.274 125.227 0.288
202212 0.280 125.222 0.295
202303 0.327 127.348 0.338
202306 0.347 128.729 0.355
202309 0.370 129.860 0.375
202312 0.343 129.419 0.349
202403 0.363 131.776 0.363

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.


SM Prime Holdings  (PHS:SMPH) 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.


SM Prime Holdings Shiller PE Ratio Related Terms

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


SM Prime Holdings (PHS:SMPH) Business Description

Traded in Other Exchanges
Address
Coral Way cor. J.W. Diokno Boulevard, 10th Floor, Mall of Asia Arena Annex Building, Mall of Asia Complex, Brgy. 76, Zone 10, CBP-1A, Pasay, PHL, 1300
SM Prime Holdings Inc is an integrated property developer in Southeast Asia. Through subsidiaries and business units, it sells affordable condominium units and develops and leases office buildings in Metro Manila. It also houses a unit that develops and manages hotel and convention centers across the Philippines. Residential properties are strategically offered near business and lifestyle districts and provide a host of amenities at prices that cater to the middle market. Malls are the leading revenue provider and are equipped to handle thousands of residents in addition to cinema operations.

SM Prime Holdings (PHS:SMPH) Headlines

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