GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dexus Industria REIT (ASX:DXI) » Definitions » Shiller PE Ratio

Dexus Industria REIT (ASX:DXI) Shiller PE Ratio : 8.31 (As of May. 17, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Dexus Industria REIT Shiller PE Ratio?

As of today (2024-05-17), Dexus Industria REIT's current share price is A$2.99. Dexus Industria REIT's E10 for the fiscal year that ended in Jun23 was A$0.36. Dexus Industria REIT's Shiller PE Ratio for today is 8.31.

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

ASX:DXI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.89   Med: 7.71   Max: 8.58
Current: 8.18

During the past 10 years, Dexus Industria REIT's highest Shiller PE Ratio was 8.58. The lowest was 6.89. And the median was 7.71.

ASX:DXI's Shiller PE Ratio is ranked better than
70.63% of 446 companies
in the REITs industry
Industry Median: 11.385 vs ASX:DXI: 8.18

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.

Dexus Industria REIT's adjusted earnings per share data of for the fiscal year that ended in Jun23 was A$-0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$0.36 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dexus Industria REIT Shiller PE Ratio Historical Data

The historical data trend for Dexus Industria 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.

Dexus Industria REIT Shiller PE Ratio Chart

Dexus Industria 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 - - - - 7.15

Dexus Industria 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 - - - 7.15 -

Competitive Comparison of Dexus Industria REIT's Shiller PE Ratio

For the REIT - Industrial subindustry, Dexus Industria 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.


Dexus Industria REIT's Shiller PE Ratio Distribution in the REITs Industry

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

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



Dexus Industria 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.

Dexus Industria REIT's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.99/0.36
=8.31

* 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.

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

For example, Dexus Industria 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)
=-0.02/124.1700*124.1700
=-0.020

Current CPI (Jun23) = 124.1700.

Dexus Industria REIT Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.263 98.352 0.332
201506 0.178 99.838 0.221
201606 0.249 100.859 0.307
201706 0.646 102.809 0.780
201806 0.290 104.945 0.343
201906 0.174 106.617 0.203
202006 0.265 106.246 0.310
202106 0.503 110.332 0.566
202206 0.534 117.112 0.566
202306 -0.020 124.170 -0.020

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.


Dexus Industria REIT  (ASX:DXI) 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.


Dexus Industria REIT Shiller PE Ratio Related Terms

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


Dexus Industria REIT (ASX:DXI) Business Description

Traded in Other Exchanges
N/A
Address
50 Bridge Street, Level 30, Australia Square, Sydney, NSW, AUS, 2000
Dexus Industria REIT is a real estate investment trust which owns interests in a workspace-focused portfolio of established, industrial, and business park assets located across Sydney, Melbourne, Brisbane, and Adelaide. The company's objective is to provide investors with stable cash returns and the potential for income and capital growth by investing in workspace-focused real estate. It derives all income from investments in properties, which are located in Australia.

Dexus Industria REIT (ASX:DXI) Headlines

No Headlines