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MFA Financial (STU:M4ZA) Shiller PE Ratio : 6.57 (As of May. 27, 2024)


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What is MFA Financial Shiller PE Ratio?

As of today (2024-05-27), MFA Financial's current share price is €9.72. MFA Financial's E10 for the quarter that ended in Mar. 2024 was €1.48. MFA Financial's Shiller PE Ratio for today is 6.57.

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

STU:M4ZA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.67   Med: 8.24   Max: 13.91
Current: 6.64

During the past years, MFA Financial's highest Shiller PE Ratio was 13.91. The lowest was 1.67. And the median was 8.24.

STU:M4ZA's Shiller PE Ratio is ranked better than
79.78% of 445 companies
in the REITs industry
Industry Median: 11.43 vs STU:M4ZA: 6.64

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.

MFA Financial's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.129. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MFA Financial Shiller PE Ratio Historical Data

The historical data trend for MFA Financial'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.

MFA Financial Shiller PE Ratio Chart

MFA Financial 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 8.65 6.22 7.31 4.99 6.75

MFA Financial 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 5.06 6.08 5.65 6.75 7.09

Competitive Comparison of MFA Financial's Shiller PE Ratio

For the REIT - Mortgage subindustry, MFA Financial'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.


MFA Financial's Shiller PE Ratio Distribution in the REITs Industry

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

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



MFA Financial 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.

MFA Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.72/1.48
=6.57

* 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.

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

For example, MFA Financial'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)
=0.129/131.7762*131.7762
=0.129

Current CPI (Mar. 2024) = 131.7762.

MFA Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.589 100.560 0.772
201409 0.621 100.428 0.815
201412 0.681 99.070 0.906
201503 0.776 99.621 1.026
201506 0.713 100.684 0.933
201509 0.713 100.392 0.936
201512 0.698 99.792 0.922
201603 0.718 100.470 0.942
201606 0.712 101.688 0.923
201609 0.748 101.861 0.968
201612 0.683 101.863 0.884
201703 0.748 102.862 0.958
201706 0.712 103.349 0.908
201709 0.503 104.136 0.637
201712 0.811 104.011 1.027
201803 0.649 105.290 0.812
201806 0.582 106.317 0.721
201809 0.651 106.507 0.805
201812 0.457 105.998 0.568
201903 0.673 107.251 0.827
201906 0.708 108.070 0.863
201909 0.726 108.329 0.883
201912 0.756 108.420 0.919
202003 -7.312 108.902 -8.848
202006 0.675 108.767 0.818
202009 0.577 109.815 0.692
202012 0.263 109.897 0.315
202103 0.563 111.754 0.664
202106 0.440 114.631 0.506
202109 0.918 115.734 1.045
202112 0.283 117.630 0.317
202203 -0.781 121.301 -0.848
202206 -1.003 125.017 -1.057
202209 -0.626 125.227 -0.659
202212 -0.019 125.222 -0.020
202303 0.579 127.348 0.599
202306 -0.314 128.729 -0.321
202309 -0.600 129.860 -0.609
202312 0.734 129.419 0.747
202403 0.129 131.776 0.129

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.


MFA Financial  (STU:M4ZA) 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.


MFA Financial Shiller PE Ratio Related Terms

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


MFA Financial (STU:M4ZA) Business Description

Traded in Other Exchanges
Address
One Vanderbilt Avenue, 48th Floor, New York, NY, USA, 10017
MFA Financial Inc is a specialty finance company that invests in and finances residential mortgage assets. Its principal business objective is to deliver shareholder value through the generation of distributable income and through asset performance linked to residential mortgage credit fundamentals. The company selectively invests in residential mortgage assets with a focus on credit analysis, projected prepayment rates, interest rate sensitivity and expected return. The company is an internally managed real estate investment trust or REIT.

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