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CoreCivic (STU:PSRA) Shiller PE Ratio : 11.07 (As of May. 22, 2024)


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What is CoreCivic Shiller PE Ratio?

As of today (2024-05-22), CoreCivic's current share price is €14.165. CoreCivic's E10 for the quarter that ended in Mar. 2024 was €1.28. CoreCivic's Shiller PE Ratio for today is 11.07.

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

STU:PSRA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.28   Med: 11.28   Max: 28.84
Current: 11.27

During the past years, CoreCivic's highest Shiller PE Ratio was 28.84. The lowest was 3.28. And the median was 11.28.

STU:PSRA's Shiller PE Ratio is ranked better than
77.27% of 528 companies
in the Business Services industry
Industry Median: 19.81 vs STU:PSRA: 11.27

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.

CoreCivic's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.074. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CoreCivic Shiller PE Ratio Historical Data

The historical data trend for CoreCivic'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.

CoreCivic Shiller PE Ratio Chart

CoreCivic 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 9.35 3.71 6.04 6.96 10.35

CoreCivic 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 6.27 6.39 7.82 10.35 11.32

Competitive Comparison of CoreCivic's Shiller PE Ratio

For the Security & Protection Services subindustry, CoreCivic'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.


CoreCivic's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CoreCivic's Shiller PE Ratio distribution charts can be found below:

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



CoreCivic 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.

CoreCivic's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=14.165/1.28
=11.07

* 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.

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

For example, CoreCivic'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)
=0.074/131.7762*131.7762
=0.074

Current CPI (Mar. 2024) = 131.7762.

CoreCivic Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.353 100.560 0.463
201409 0.380 100.428 0.499
201412 0.203 99.070 0.270
201503 0.453 99.621 0.599
201506 0.490 100.684 0.641
201509 0.383 100.392 0.503
201512 0.376 99.792 0.497
201603 0.350 100.470 0.459
201606 0.436 101.688 0.565
201609 0.419 101.861 0.542
201612 0.493 101.863 0.638
201703 0.393 102.862 0.503
201706 0.338 103.349 0.431
201709 0.294 104.136 0.372
201712 0.296 104.011 0.375
201803 0.260 105.290 0.325
201806 0.282 106.317 0.350
201809 0.291 106.507 0.360
201812 0.308 105.998 0.383
201903 0.363 107.251 0.446
201906 0.363 108.070 0.443
201909 0.372 108.329 0.453
201912 0.315 108.420 0.383
202003 0.244 108.902 0.295
202006 0.160 108.767 0.194
202009 0.187 109.815 0.224
202012 -0.181 109.897 -0.217
202103 -0.882 111.754 -1.040
202106 0.108 114.631 0.124
202109 0.213 115.734 0.243
202112 0.204 117.630 0.229
202203 0.145 121.301 0.158
202206 0.085 125.017 0.090
202209 0.586 125.227 0.617
202212 0.198 125.222 0.208
202303 0.103 127.348 0.107
202306 0.120 128.729 0.123
202309 0.112 129.860 0.114
202312 0.211 129.419 0.215
202403 0.074 131.776 0.074

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.


CoreCivic  (STU:PSRA) 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.


CoreCivic Shiller PE Ratio Related Terms

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


CoreCivic (STU:PSRA) Business Description

Traded in Other Exchanges
Address
5501 Virginia Way, Suite 110, Brentwood, TN, USA, 37027
CoreCivic Inc is an owner and operator of private prisons and detention centers in the United States. It operates in three segments: Safety, Community, and Properties. The Safety segment operates roughly 50 facilities and owns majority of them. The Community segment owns and operates close to 30 residential reentry centers. The Properties segment owns approximately 15 properties for lease to third parties and government agencies. The vast majority of the company's revenue comes from the Safety segment. Its customers are federal, state, and local government agencies. Commercial contracts are typically 3-5 years long with multiple renewal options. CoreCivic operated as a Real Estate Investment Trust until January 2021 when it was reorganized as a taxable C Corporation.

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