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SITE Centers (SITE Centers) Shiller PE Ratio : 70.95 (As of Apr. 29, 2024)


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What is SITE Centers Shiller PE Ratio?

As of today (2024-04-29), SITE Centers's current share price is $13.48. SITE Centers's E10 for the quarter that ended in Dec. 2023 was $0.19. SITE Centers's Shiller PE Ratio for today is 70.95.

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

SITC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.12   Med: 84.19   Max: 683
Current: 71.05

During the past years, SITE Centers's highest Shiller PE Ratio was 683.00. The lowest was 27.12. And the median was 84.19.

SITC's Shiller PE Ratio is ranked worse than
96.65% of 448 companies
in the REITs industry
Industry Median: 11.32 vs SITC: 71.05

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.

SITE Centers's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SITE Centers Shiller PE Ratio Historical Data

The historical data trend for SITE Centers'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.

SITE Centers Shiller PE Ratio Chart

SITE Centers 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 - - - 393.83 71.84

SITE Centers 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 393.83 304.02 187.31 125.24 71.84

Competitive Comparison of SITE Centers's Shiller PE Ratio

For the REIT - Retail subindustry, SITE Centers'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.


SITE Centers's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where SITE Centers's Shiller PE Ratio falls into.



SITE Centers 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.

SITE Centers's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13.48/0.19
=70.95

* 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.

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

For example, SITE Centers'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)
=0.92/129.4194*129.4194
=0.920

Current CPI (Dec. 2023) = 129.4194.

SITE Centers Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.140 99.695 -0.182
201406 0.380 100.560 0.489
201409 0.340 100.428 0.438
201412 -0.100 99.070 -0.131
201503 -1.380 99.621 -1.793
201506 0.060 100.684 0.077
201509 0.300 100.392 0.387
201512 0.480 99.792 0.623
201603 0.220 100.470 0.283
201606 0.200 101.688 0.255
201609 -0.360 101.861 -0.457
201612 0.160 101.863 0.203
201703 -0.320 102.862 -0.403
201706 0.130 103.349 0.163
201709 -0.040 104.136 -0.050
201712 -1.240 104.011 -1.543
201803 -0.340 105.290 -0.418
201806 -0.070 106.317 -0.085
201809 -0.090 106.507 -0.109
201812 0.930 105.998 1.135
201903 0.150 107.251 0.181
201906 0.050 108.070 0.060
201909 0.080 108.329 0.096
201912 0.050 108.420 0.060
202003 0.150 108.902 0.178
202006 -0.050 108.767 -0.059
202009 0.010 109.815 0.012
202012 -0.030 109.897 -0.035
202103 0.050 111.754 0.058
202106 0.060 114.631 0.068
202109 0.120 115.734 0.134
202112 0.260 117.630 0.286
202203 0.050 121.301 0.053
202206 0.270 125.017 0.280
202209 0.300 125.227 0.310
202212 0.120 125.222 0.124
202303 0.060 127.348 0.061
202306 0.010 128.729 0.010
202309 0.220 129.860 0.219
202312 0.920 129.419 0.920

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.


SITE Centers  (NYSE:SITC) 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.


SITE Centers Shiller PE Ratio Related Terms

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


SITE Centers (SITE Centers) Business Description

Traded in Other Exchanges
Address
3300 Enterprise Parkway, Beachwood, OH, USA, 44122
SITE Centers Corp is a United States-based self-administered and self-managed REIT that operates as a fully integrated real estate company. The company is the owner and manager of open-air shopping centers that provide a compelling shopping experience and merchandise mix for retail partners and consumers.
Executives
John M Cattonar officer: EVP & Chief Investment Officer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
David R Lukes director, officer: President & CEO 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Christa A Vesy officer: Sr. V.P. & Chief Acct. Officer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Fennerty Conor officer: EVP, CFO & Treasurer 3300 ENTERPRISE PKWY, BEACHWOOD OH 44122
Alexander Otto director, 10 percent owner C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Katharina Otto-bernstein 10 percent owner C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Victor B Macfarlane director 151 EXECUTIVE PARK BLVD, BUILDING 2, SAN FRANCISCO CA 94134
Dawn M. Sweeney director 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Michael Makinen officer: EVP & COO 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Terrance R Ahern director 1500 W 3RD ST, STE 410, CLEVELAND OH 44113
Thomas Finne director C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Linda B. Abraham director 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Scott D Roulston director 3300 ENTERPRISE PARKWAY, CLEVELAND OH 44122
Matthew Louis Ostrower officer: EVP, CFO & Treasurer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Robert H Gidel director 677 N WASHINGTON BLVD, SARASOTA FL 34236