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Centuria Industrial REIT (ASX:CIP) Shiller PE Ratio : 7.00 (As of May. 21, 2024)


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What is Centuria Industrial REIT Shiller PE Ratio?

As of today (2024-05-21), Centuria Industrial REIT's current share price is A$3.22. Centuria Industrial REIT's E10 for the fiscal year that ended in Jun23 was A$0.46. Centuria Industrial REIT's Shiller PE Ratio for today is 7.00.

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

ASX:CIP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.51   Med: 6.7   Max: 7.76
Current: 7.1

During the past 11 years, Centuria Industrial REIT's highest Shiller PE Ratio was 7.76. The lowest was 5.51. And the median was 6.70.

ASX:CIP's Shiller PE Ratio is ranked better than
76.91% of 446 companies
in the REITs industry
Industry Median: 11.48 vs ASX:CIP: 7.10

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.

Centuria Industrial REIT's adjusted earnings per share data of for the fiscal year that ended in Jun23 was A$-0.121. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$0.46 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Centuria Industrial REIT Shiller PE Ratio Historical Data

The historical data trend for Centuria Industrial 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.

Centuria Industrial REIT Shiller PE Ratio Chart

Centuria Industrial REIT Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 5.93 6.80

Centuria Industrial REIT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 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 - 5.93 - 6.80 -

Competitive Comparison of Centuria Industrial REIT's Shiller PE Ratio

For the REIT - Industrial subindustry, Centuria Industrial 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.


Centuria Industrial REIT's Shiller PE Ratio Distribution in the REITs Industry

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

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



Centuria Industrial 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.

Centuria Industrial REIT's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.22/0.46
=7.00

* 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.

Centuria Industrial REIT's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Centuria Industrial REIT's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.121/124.1700*124.1700
=-0.121

Current CPI (Jun23) = 124.1700.

Centuria Industrial REIT Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.442 98.352 0.558
201506 0.351 99.838 0.437
201606 0.254 100.859 0.313
201706 0.237 102.809 0.286
201806 0.401 104.945 0.474
201906 0.339 106.617 0.395
202006 0.223 106.246 0.261
202106 1.177 110.332 1.325
202206 0.599 117.112 0.635
202306 -0.121 124.170 -0.121

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.


Centuria Industrial REIT  (ASX:CIP) 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.


Centuria Industrial REIT Shiller PE Ratio Related Terms

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Centuria Industrial REIT (ASX:CIP) Business Description

Traded in Other Exchanges
N/A
Address
Level 41, Chifley Tower, 2 Chifley Square, Sydney, NSW, AUS, 2000
Centuria Industrial REIT owns a AUD 4 billion portfolio of industrial properties, including distribution centers, manufacturing facilities, and data centers. Melbourne and Sydney are its biggest markets at more than a third of portfolio value each, followed by Brisbane, Perth and Adelaide. The trust is externally managed by Centuria Capital Group (ASX: CNI).

Centuria Industrial REIT (ASX:CIP) Headlines

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