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CapitaLand Ascendas REIT (SGX:A17U) Shiller PE Ratio : 14.44 (As of Apr. 28, 2024)


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What is CapitaLand Ascendas REIT Shiller PE Ratio?

As of today (2024-04-28), CapitaLand Ascendas REIT's current share price is S$2.60. CapitaLand Ascendas REIT's E10 for the fiscal year that ended in Dec23 was S$0.18. CapitaLand Ascendas REIT's Shiller PE Ratio for today is 14.44.

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

SGX:A17U' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.95   Med: 14.35   Max: 19.67
Current: 14.35

During the past 13 years, CapitaLand Ascendas REIT's highest Shiller PE Ratio was 19.67. The lowest was 9.95. And the median was 14.35.

SGX:A17U's Shiller PE Ratio is ranked worse than
60.09% of 446 companies
in the REITs industry
Industry Median: 11.37 vs SGX:A17U: 14.35

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.

CapitaLand Ascendas REIT's adjusted earnings per share data of for the fiscal year that ended in Dec23 was S$0.039. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is S$0.18 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


CapitaLand Ascendas REIT Shiller PE Ratio Historical Data

The historical data trend for CapitaLand Ascendas REIT'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.

CapitaLand Ascendas REIT Shiller PE Ratio Chart

CapitaLand Ascendas REIT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.64 15.96 15.61 14.39 16.72

CapitaLand Ascendas REIT Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 15.61 - 14.39 - 16.72

Competitive Comparison of CapitaLand Ascendas REIT's Shiller PE Ratio

For the REIT - Industrial subindustry, CapitaLand Ascendas REIT'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.


CapitaLand Ascendas REIT's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where CapitaLand Ascendas REIT's Shiller PE Ratio falls into.



CapitaLand Ascendas REIT 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.

CapitaLand Ascendas REIT's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.60/0.18
=14.44

* 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.

CapitaLand Ascendas REIT's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, CapitaLand Ascendas REIT's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.039/129.4194*129.4194
=0.039

Current CPI (Dec23) = 129.4194.

CapitaLand Ascendas REIT Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.180 99.695 0.234
201503 0.162 99.621 0.210
201603 0.124 100.470 0.160
201703 0.160 102.862 0.201
201803 0.160 105.290 0.197
201903 0.158 107.251 0.191
202012 0.121 109.897 0.142
202112 0.230 117.630 0.253
202212 0.179 125.222 0.185
202312 0.039 129.419 0.039

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.


CapitaLand Ascendas REIT  (SGX:A17U) 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.


CapitaLand Ascendas REIT Shiller PE Ratio Related Terms

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CapitaLand Ascendas REIT (SGX:A17U) Business Description

Traded in Other Exchanges
Address
168 Robinson Road, No. 30-01 Capital Tower, Singapore, SGP, 068912
CapitaLand Ascendas REIT is a real estate investment trust focusing on the industrial and business space. As of Dec. 31, 2022, it held a SGD 16.4 billion portfolio of 220 properties across Singapore, Australia, Europe, and the U.S. The property types encompass business and science parks, high-specification industrial properties, data centers, light industrial properties, and logistics and distribution centers. The trust is externally managed by Ascendas Funds Management, a subsidiary of CapitaLand Investment, which owns an 18% stake in the trust.

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