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The RMR Group (The RMR Group) Shiller PE Ratio : 6.98 (As of Apr. 29, 2024)


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What is The RMR Group Shiller PE Ratio?

As of today (2024-04-29), The RMR Group's current share price is $24.00. The RMR Group's E10 for the quarter that ended in Dec. 2023 was $3.44. The RMR Group's Shiller PE Ratio for today is 6.98.

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

RMR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.56   Med: 7.03   Max: 8.25
Current: 6.98

During the past years, The RMR Group's highest Shiller PE Ratio was 8.25. The lowest was 6.56. And the median was 7.03.

RMR's Shiller PE Ratio is ranked better than
68.85% of 1085 companies
in the Real Estate industry
Industry Median: 10.91 vs RMR: 6.98

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.

The RMR Group's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The RMR Group Shiller PE Ratio Historical Data

The historical data trend for The RMR Group'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.

The RMR Group Shiller PE Ratio Chart

The RMR Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
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The RMR Group 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 - - - - 8.20

Competitive Comparison of The RMR Group's Shiller PE Ratio

For the Real Estate Services subindustry, The RMR Group'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.


The RMR Group's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, The RMR Group's Shiller PE Ratio distribution charts can be found below:

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



The RMR Group 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.

The RMR Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=24.00/3.44
=6.98

* 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.

The RMR Group's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, The RMR Group'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)
=0.41/129.4194*129.4194
=0.410

Current CPI (Dec. 2023) = 129.4194.

The RMR Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201309 0.000 98.790 0.000
201406 0.000 100.560 0.000
201409 -4.907 100.428 -6.324
201412 1.228 99.070 1.604
201503 1.574 99.621 2.045
201506 0.061 100.684 0.078
201509 6.333 100.392 8.164
201512 1.070 99.792 1.388
201603 0.380 100.470 0.489
201606 0.420 101.688 0.535
201609 0.460 101.861 0.584
201612 1.460 101.863 1.855
201703 0.430 102.862 0.541
201706 0.430 103.349 0.538
201709 0.310 104.136 0.385
201712 4.390 104.011 5.462
201803 0.520 105.290 0.639
201806 0.520 106.317 0.633
201809 0.500 106.507 0.608
201812 3.220 105.998 3.931
201903 0.500 107.251 0.603
201906 0.360 108.070 0.431
201909 0.510 108.329 0.609
201912 0.580 108.420 0.692
202003 0.390 108.902 0.463
202006 0.410 108.767 0.488
202009 0.380 109.815 0.448
202012 0.510 109.897 0.601
202103 0.300 111.754 0.347
202106 0.500 114.631 0.565
202109 0.820 115.734 0.917
202112 0.490 117.630 0.539
202203 0.390 121.301 0.416
202206 0.460 125.017 0.476
202209 0.730 125.227 0.754
202212 0.370 125.222 0.382
202303 1.110 127.348 1.128
202306 1.480 128.729 1.488
202309 -2.206 129.860 -2.199
202312 0.410 129.419 0.410

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.


The RMR Group  (NAS:RMR) 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.


The RMR Group Shiller PE Ratio Related Terms

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


The RMR Group (The RMR Group) Business Description

Traded in Other Exchanges
Address
255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634
The RMR Group Inc is a holding company that conducts its business through its subsidiary, which is an alternative asset management company that invests in real estate and manages real estate-related businesses. Its business consists of providing management services to publicly owned real estate investment trusts, or REITs, and real estate-related operating companies. It also provides management services to real estate securities mutual funds and commercial real estate finance companies. The company's operating segment is RMR LLC and All Other Operations. The RMR Group derives its revenue from providing business and property management services as well as advisory and other services.
Executives
Christopher J. Bilotto officer: Exec. VP of The RMR Group LLC C/O THE RMR GROUP LLC, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jennifer F. Mintzer officer: Exec. VP of The RMR Group LLC C/O DIVERSIFIED HEALTHCARE TRUST, TWO NEWTON PL., 255 WASHINGTON STREET, NEWTON MA 02458
Jonathan Veitch director TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jonathan Pertchik officer: Exec. VP of The RMR Group LLC C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Andrew J Rebholz officer: Exec. VP of The RMR Group LLC C/O TRAVELCENTERS OF AMERICA LLC, 400 CENTRE STREET, NEWTON MA 02458
Rosen Plevneliev director THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Frederick N Zeytoonjian director C/O REIT MANAGEMENT & RESEARCH LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Watkins Walter C. Jr. director C/O THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458-1634
Ann Logan director C/O PHH CORPORATION, 3000 LEADENHALL RD, MOUNT LAUREL NJ 08054
John G. Murray officer: Exec. VP of The RMR Group LLC C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Thomas M O'brien officer: Exec. VP of The RMR Group LLC 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
David M Blackman officer: Exec. VP of The RMR Group LLC C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Mackey Bruce J Jr officer: Exec. VP of The RMR Group LLC C/O FIVE STAR QUALITY CARE, INC., 400 CENTRE STREET, NEWTON MA 02458
Matthew P. Jordan officer: CFO and Treasurer C/O THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
Senior Housing Properties Trust 10 percent owner C/O THE RMR GROUP, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458