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Alexandria Real Estate Equities (BSP:A1RE34) Shiller PE Ratio : 49.27 (As of May. 16, 2024)


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What is Alexandria Real Estate Equities Shiller PE Ratio?

As of today (2024-05-16), Alexandria Real Estate Equities's current share price is R$161.60. Alexandria Real Estate Equities's E10 for the quarter that ended in Mar. 2024 was R$3.28. Alexandria Real Estate Equities's Shiller PE Ratio for today is 49.27.

The historical rank and industry rank for Alexandria Real Estate Equities's Shiller PE Ratio or its related term are showing as below:

BSP:A1RE34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.81   Med: 64.36   Max: 105.53
Current: 47.45

During the past years, Alexandria Real Estate Equities's highest Shiller PE Ratio was 105.53. The lowest was 23.81. And the median was 64.36.

BSP:A1RE34's Shiller PE Ratio is ranked worse than
92.81% of 445 companies
in the REITs industry
Industry Median: 11.58 vs BSP:A1RE34: 47.45

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.

Alexandria Real Estate Equities's adjusted earnings per share data for the three months ended in Mar. 2024 was R$1.208. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$3.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alexandria Real Estate Equities Shiller PE Ratio Historical Data

The historical data trend for Alexandria Real Estate Equities'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.

Alexandria Real Estate Equities Shiller PE Ratio Chart

Alexandria Real Estate Equities 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 97.54 88.76 95.95 55.12 49.21

Alexandria Real Estate Equities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 46.77 41.79 36.98 49.21 49.32

Competitive Comparison of Alexandria Real Estate Equities's Shiller PE Ratio

For the REIT - Office subindustry, Alexandria Real Estate Equities'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.


Alexandria Real Estate Equities's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Alexandria Real Estate Equities's Shiller PE Ratio falls into.



Alexandria Real Estate Equities 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.

Alexandria Real Estate Equities's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=161.60/3.28
=49.27

* 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.

Alexandria Real Estate Equities's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Alexandria Real Estate Equities's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.208/129.4194*129.4194
=1.208

Current CPI (Mar. 2024) = 129.4194.

Alexandria Real Estate Equities Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.218 100.560 0.281
201409 0.228 100.428 0.294
201412 -0.152 99.070 -0.199
201503 0.196 99.621 0.255
201506 0.342 100.684 0.440
201509 0.449 100.392 0.579
201512 0.475 99.792 0.616
201603 -0.046 100.470 -0.059
201606 -1.472 101.688 -1.873
201609 0.057 101.861 0.072
201612 -0.252 101.863 -0.320
201703 0.227 102.862 0.286
201706 0.288 103.349 0.361
201709 0.431 104.136 0.536
201712 0.313 104.011 0.389
201803 1.082 105.290 1.330
201806 0.481 106.317 0.586
201809 2.044 106.507 2.484
201812 -0.291 105.998 -0.355
201903 1.066 107.251 1.286
201906 0.655 108.070 0.784
201909 -0.453 108.329 -0.541
201912 1.785 108.420 2.131
202003 0.171 108.902 0.203
202006 2.361 108.767 2.809
202009 0.850 109.815 1.002
202012 4.193 109.897 4.938
202103 0.056 111.754 0.065
202106 3.281 114.631 3.704
202109 0.884 115.734 0.989
202112 0.664 117.630 0.731
202203 -1.194 121.301 -1.274
202206 2.107 125.017 2.181
202209 2.766 125.227 2.859
202212 0.407 125.222 0.421
202303 0.573 127.348 0.582
202306 0.619 128.729 0.622
202309 0.161 129.860 0.160
202312 -0.661 129.419 -0.661
202403 1.208 129.419 1.208

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.


Alexandria Real Estate Equities  (BSP:A1RE34) 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.


Alexandria Real Estate Equities Shiller PE Ratio Related Terms

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Alexandria Real Estate Equities (BSP:A1RE34) Business Description

Traded in Other Exchanges
Address
26 North Euclid Avenue, Pasadena, CA, USA, 91101
Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT). It is engaged in the business of providing space for lease to life science, agtech, and technology tenants. The company has established a significant market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, agtech, and technology campuses that provide tenants with highly dynamic and collaborative environments. Alexandria also provides strategic capital to transformative life science, agtech, and technology companies through venture capital platform.

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