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Rexford Industrial Realty (Rexford Industrial Realty) Shiller PE Ratio : 71.28 (As of May. 03, 2024)


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What is Rexford Industrial Realty Shiller PE Ratio?

As of today (2024-05-03), Rexford Industrial Realty's current share price is $43.48. Rexford Industrial Realty's E10 for the quarter that ended in Mar. 2024 was $0.61. Rexford Industrial Realty's Shiller PE Ratio for today is 71.28.

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

REXR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 69.3   Med: 128.39   Max: 267.24
Current: 71.28

During the past years, Rexford Industrial Realty's highest Shiller PE Ratio was 267.24. The lowest was 69.30. And the median was 128.39.

REXR's Shiller PE Ratio is ranked worse than
96.44% of 449 companies
in the REITs industry
Industry Median: 11.38 vs REXR: 71.28

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.

Rexford Industrial Realty's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rexford Industrial Realty Shiller PE Ratio Historical Data

The historical data trend for Rexford Industrial Realty'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.

Rexford Industrial Realty Shiller PE Ratio Chart

Rexford Industrial Realty 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 - - 260.19 119.79 94.98

Rexford Industrial Realty 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 120.83 96.90 88.54 94.98 82.23

Competitive Comparison of Rexford Industrial Realty's Shiller PE Ratio

For the REIT - Industrial subindustry, Rexford Industrial Realty'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.


Rexford Industrial Realty's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Rexford Industrial Realty's Shiller PE Ratio falls into.



Rexford Industrial Realty 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.

Rexford Industrial Realty's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=43.48/0.61
=71.28

* 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.

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

For example, Rexford Industrial Realty'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)
=0.27/129.4194*129.4194
=0.270

Current CPI (Mar. 2024) = 129.4194.

Rexford Industrial Realty Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.002 100.560 0.003
201409 -0.020 100.428 -0.026
201412 0.000 99.070 0.000
201503 0.001 99.621 0.001
201506 0.003 100.684 0.004
201509 0.010 100.392 0.013
201512 0.020 99.792 0.026
201603 0.020 100.470 0.026
201606 0.190 101.688 0.242
201609 0.030 101.861 0.038
201612 0.100 101.863 0.127
201703 0.060 102.862 0.075
201706 0.260 103.349 0.326
201709 0.010 104.136 0.012
201712 0.150 104.011 0.187
201803 0.150 105.290 0.184
201806 0.060 106.317 0.073
201809 0.070 106.507 0.085
201812 0.130 105.998 0.159
201903 0.080 107.251 0.097
201906 0.120 108.070 0.144
201909 0.090 108.329 0.108
201912 0.180 108.420 0.215
202003 0.090 108.902 0.107
202006 0.100 108.767 0.119
202009 0.210 109.815 0.247
202012 0.100 109.897 0.118
202103 0.190 111.754 0.220
202106 0.150 114.631 0.169
202109 0.230 115.734 0.257
202112 0.230 117.630 0.253
202203 0.270 121.301 0.288
202206 0.220 125.017 0.228
202209 0.210 125.227 0.217
202212 0.220 125.222 0.227
202303 0.300 127.348 0.305
202306 0.260 128.729 0.261
202309 0.270 129.860 0.269
202312 0.290 129.419 0.290
202403 0.270 129.419 0.270

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.


Rexford Industrial Realty  (NYSE:REXR) 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.


Rexford Industrial Realty Shiller PE Ratio Related Terms

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


Rexford Industrial Realty (Rexford Industrial Realty) Business Description

Address
11620 Wilshire Boulevard, Suite 1000, Los Angeles, CA, USA, 90025
Rexford Industrial Realty Inc is a real estate investment trust primarily engaged in the acquisition, ownership, and operation of industrial properties in Southern California. The company mainly focuses on leasing facilities in infill markets or relatively wealthy urban areas with a general scarcity of developable land. The vast majority of Rexford's real estate portfolio, in terms of square footage, revenue generation, and total value, comprises light manufacturing and distribution warehouse buildings located in Los Angeles and San Diego. The company's largest tenants are firms in the wholesale and retail, light manufacturing, industrial equipment, and food and beverage industries.
Executives
Laura E Clark officer: Chief Financial Officer 11620 WILSHIRE BOULEVARD, SUITE 1000, LOS ANGELES CA 90025
Howard Schwimmer director, officer: Co-CEO, Co-President 11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
David E. Lanzer officer: General Counsel 11620 WILSHIRE BLVD, SUITE 1000, LOS ANGELES CA 90025
Angela L. Kleiman director 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Michael S. Frankel director, officer: Co-CEO 11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
Debra L Morris director 11620 WILSHIRE BOULEVARD, SUITE 1000, LOS ANGELES CA 90025
Richard S Ziman director C/O AVP ADVISORS INC., 10940 WILSHIRE BLVD., STE. 1950, LOS ANGELES CA 90024
Adeel Khan officer: Chief Financial Officer 11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
Steven C Good director 11755 WILSHIRE BOULEVARD, SUITE 1700, LOS ANGELES CA 90025
Diana J Ingram director 11620 WILSHIRE BOULEVARD, SUITE 1000, LOS ANGELES CA 90025
Tyler H Rose director 12200 W OLYMPIC BLVD, SUITE 200, LOS ANGELES CA 90064
Peter E Schwab director C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Jonathan Abrams officer: General Counsel 355 SOUTH GRAND AVENUE, SUITE 3300, LOS ANGELES CA 90071
Joel S Marcus director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Leslie E Bider director 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401