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Outfront Media (Outfront Media) Shiller PE Ratio : 34.48 (As of Apr. 30, 2024)


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What is Outfront Media Shiller PE Ratio?

As of today (2024-04-30), Outfront Media's current share price is $15.86. Outfront Media's E10 for the quarter that ended in Dec. 2023 was $0.46. Outfront Media's Shiller PE Ratio for today is 34.48.

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

OUT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.1   Med: 25.65   Max: 36.5
Current: 34.48

During the past years, Outfront Media's highest Shiller PE Ratio was 36.50. The lowest was 17.10. And the median was 25.65.

OUT's Shiller PE Ratio is ranked worse than
89.06% of 448 companies
in the REITs industry
Industry Median: 11.32 vs OUT: 34.48

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.

Outfront Media's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.350. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Outfront Media Shiller PE Ratio Historical Data

The historical data trend for Outfront Media'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.

Outfront Media Shiller PE Ratio Chart

Outfront Media 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 - - 31.82 19.37 30.44

Outfront Media Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 19.37 19.55 30.98 21.03 30.44

Competitive Comparison of Outfront Media's Shiller PE Ratio

For the REIT - Specialty subindustry, Outfront Media'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.


Outfront Media's Shiller PE Ratio Distribution in the REITs Industry

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

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



Outfront Media 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.

Outfront Media's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=15.86/0.46
=34.48

* 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.

Outfront Media's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Outfront Media's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.35/129.4194*129.4194
=0.350

Current CPI (Dec. 2023) = 129.4194.

Outfront Media Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.090 99.695 0.117
201406 0.190 100.560 0.245
201409 2.060 100.428 2.655
201412 0.230 99.070 0.300
201503 0.010 99.621 0.013
201506 0.160 100.684 0.206
201509 0.150 100.392 0.193
201512 -0.540 99.792 -0.700
201603 -0.020 100.470 -0.026
201606 0.210 101.688 0.267
201609 0.280 101.861 0.356
201612 0.190 101.863 0.241
201703 0.020 102.862 0.025
201706 0.270 103.349 0.338
201709 0.360 104.136 0.447
201712 0.250 104.011 0.311
201803 0.060 105.290 0.074
201806 -0.040 106.317 -0.049
201809 0.330 106.507 0.401
201812 0.400 105.998 0.488
201903 0.040 107.251 0.048
201906 0.350 108.070 0.419
201909 0.270 108.329 0.323
201912 0.310 108.420 0.370
202003 0.040 108.902 0.048
202006 -0.440 108.767 -0.524
202009 -0.140 109.815 -0.165
202012 0.020 109.897 0.024
202103 -0.520 111.754 -0.602
202106 -0.050 114.631 -0.056
202109 0.180 115.734 0.201
202112 0.410 117.630 0.451
202203 -0.040 121.301 -0.043
202206 0.280 125.017 0.290
202209 0.230 125.227 0.238
202212 0.340 125.222 0.351
202303 -0.190 127.348 -0.193
202306 -2.920 128.729 -2.936
202309 0.090 129.860 0.090
202312 0.350 129.419 0.350

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.


Outfront Media  (NYSE:OUT) 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.


Outfront Media Shiller PE Ratio Related Terms

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


Outfront Media (Outfront Media) Business Description

Traded in Other Exchanges
Address
405 Lexington Avenue, 17th Floor, New York, NY, USA, 10174
Outfront Media Inc is a real estate investment trust involved in the ownership of advertising space on its portfolio of billboards and transit displays. The Company generates revenue in the form of rental income by allowing other companies to advertise on its properties and structures under short-term contracts. Outfront Media segments its operations into the United States and International units. Although it also owns assets in Canada and Latin America, the company derives the vast majority of its revenue from billboard advertising agreements in the U.S. Roughly half of the U.S. division's revenue comes from its displays in the New York City and Los Angeles markets. Outfront Media's major customers include entities within the retail, television, healthcare, and entertainment industries.
Executives
Clive A. Punter officer: EVP and Chief Revenue Officer C/O CBS OUTDOOR AMERICAS INC., 405 LEXINGTON AVENUE, NEW YORK NY 10174
Patrick Martin officer: SVP, Controller, CAO 405 LEXINGTON AVENUE, 14TH FLOOR, NEW YORK NY 10174
Jeremy J. Male officer: Chief Executive Officer C/O OUTFRONT MEDIA INC., 405 LEXINGTON AVENUE, NEW YORK NY 10019
Richard H. Sauer officer: EVP, General Counsel & Sec. C/O OUTFRONT MEDIA INC., 405 LEXINGTON AVENUE, NEW YORK NY 10019
Peter Mathes director C/O OUTFRONT MEDIA INC., 405 LEXINGTON AVENUE, NEW YORK NY 10174
Pep Viii-a Aiv Spv, L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii (scotland) Spv, L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii-a Spv, L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii Spv, L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii Gp Llc 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii Co-invest Spv, L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Michael J Dominguez director C/O PROVIDENCE EQUITY PARTNERS, INC., 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Providence Equity Gp Viii (scotland) L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Providence Equity Partners Viii-a L.p. 10 percent owner PROVIDENCE EQUITY PARTNERS L.L.C., 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Providence Equity Partners Viii (scotland) L.p. 10 percent owner PROVIDENCE EQUITY PARTNERS L.L.C., 50 KENNEDY PLAZA, PROVIDENCE RI 02903