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As of today (2024-05-11), Mid-America Apartment Communities's current share price is $135.47. Mid-America Apartment Communities's E10 for the quarter that ended in Mar. 2024 was $4.05. Mid-America Apartment Communities's Shiller PE Ratio for today is 33.45.
The historical rank and industry rank for Mid-America Apartment Communities's Shiller PE Ratio or its related term are showing as below:
During the past years, Mid-America Apartment Communities's highest Shiller PE Ratio was 81.23. The lowest was 30.86. And the median was 50.61.
MAA's Shiller PE Ratio is ranked worse thanE10 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.
Mid-America Apartment Communities's adjusted earnings per share data for the three months ended in Mar. 2024 was $1.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.05 for the trailing ten years ended in Mar. 2024.
The historical data trend for Mid-America Apartment Communities'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.
Mid-America Apartment Communities 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 | 39.39 | 39.74 | 33.75 | 34.02 | 32.50 |
For the REIT - Residential subindustry, Mid-America Apartment Communities'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.
For the REITs industry and Real Estate sector, Mid-America Apartment Communities's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Mid-America Apartment Communities's Shiller PE Ratio falls into.
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.
Mid-America Apartment Communities's Shiller PE Ratio for today is calculated as
Shiller PE Ratio | = | Share Price | / | E10 |
= | 135.47 | / | 4.05 | |
= | 33.45 |
* 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.
Mid-America Apartment Communities's E10 for the quarter that ended in Mar. 2024 is calculated as:
For example, Mid-America Apartment Communities'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) |
= | 1.22 | / | 129.4194 | * | 129.4194 | |
= | 1.220 |
Current CPI (Mar. 2024) = 129.4194.
Mid-America Apartment Communities Quarterly Data
Earnings per Share (Diluted) | CPI | Adj_EPS | |
201406 | 0.420 | 100.560 | 0.541 |
201409 | 0.890 | 100.428 | 1.147 |
201412 | 0.460 | 99.070 | 0.601 |
201503 | 0.810 | 99.621 | 1.052 |
201506 | 1.810 | 100.684 | 2.327 |
201509 | 1.220 | 100.392 | 1.573 |
201512 | 0.570 | 99.792 | 0.739 |
201603 | 0.580 | 100.470 | 0.747 |
201606 | 0.600 | 101.688 | 0.764 |
201609 | 1.120 | 101.861 | 1.423 |
201612 | 0.440 | 101.863 | 0.559 |
201703 | 0.360 | 102.862 | 0.453 |
201706 | 0.420 | 103.349 | 0.526 |
201709 | 1.000 | 104.136 | 1.243 |
201712 | 1.080 | 104.011 | 1.344 |
201803 | 0.420 | 105.290 | 0.516 |
201806 | 0.520 | 106.317 | 0.633 |
201809 | 0.460 | 106.507 | 0.559 |
201812 | 0.530 | 105.998 | 0.647 |
201903 | 0.550 | 107.251 | 0.664 |
201906 | 0.530 | 108.070 | 0.635 |
201909 | 0.680 | 108.329 | 0.812 |
201912 | 1.300 | 108.420 | 1.552 |
202003 | 0.310 | 108.902 | 0.368 |
202006 | 0.650 | 108.767 | 0.773 |
202009 | 0.520 | 109.815 | 0.613 |
202012 | 0.720 | 109.897 | 0.848 |
202103 | 0.400 | 111.754 | 0.463 |
202106 | 1.880 | 114.631 | 2.123 |
202109 | 0.730 | 115.734 | 0.816 |
202112 | 1.600 | 117.630 | 1.760 |
202203 | 0.950 | 121.301 | 1.014 |
202206 | 1.820 | 125.017 | 1.884 |
202209 | 1.050 | 125.227 | 1.085 |
202212 | 1.670 | 125.222 | 1.726 |
202303 | 1.160 | 127.348 | 1.179 |
202306 | 1.240 | 128.729 | 1.247 |
202309 | 0.940 | 129.860 | 0.937 |
202312 | 1.370 | 129.419 | 1.370 |
202403 | 1.220 | 129.419 | 1.220 |
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.
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.
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.
Thank you for viewing the detailed overview of Mid-America Apartment Communities's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Bolton H Eric Jr | director, officer: President and Chief Executive | |
Timothy Argo | officer: EVP, Chief Strategy & Analysis | 6815 POPLAR AVE, SUITE 500, GERMANTOWN TN 38138 |
Melanie Carpenter | officer: EVP & CHRO | 6815 POPLAR AVE, SUITE 500, GERMANTOWN TN 38138 |
Robert J. Delpriore | officer: EVP, General Counsel | 6584 POPLAR AVENUE, MEMPHIS TN 38138 |
William Reid Sanders | director | C/O TWO HARBORS INVESTMENT CORP., 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
Tamara D Fischer | director | 5200 DTC PARKWAY, SUITE 200, GREENWOOD VILLAGE CO 80111 |
John Case | director | 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025 |
Deborah H Caplan | director | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Adrian Hill | officer: EVP, Chief Investment Officer | 6815 POPLAR AVE, SUITE 500, GERMANTOWN TN 38138 |
Campbell Albert M Iii | officer: EVP-Director of Finance | 6584 POPLAR AVE., STE. 300, MEMPHIS TN 38138 |
Monica Houle Mcgurk | director | C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017 |
Grimes Thomas L Jr | officer: EVP-Director of Property Mgm | 6584 POPLAR AVE., STE. 300, MEMPHIS TN 38138 |
David P Stockert | director | 4401 NORTHSIDE PARKWAY, SUITE 800, ATLANTA GA 30327-3057 |
Green Edith Kelly | director | 3131 DEMOCRAT ROAD BLDG B206, MEMPHIS TN 38118 |
Russell R French | director | 9 NORTH PARKWAY SQUARE, 4200 NORTHSIDE PARKWAY, ATLANTA GA 30327 |
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