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DCT Industrial Trust (DCT Industrial Trust) Shiller PE Ratio : 138.00 (As of May. 05, 2024)


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What is DCT Industrial Trust Shiller PE Ratio?

As of today (2024-05-05), DCT Industrial Trust's current share price is $42.78. DCT Industrial Trust's E10 for the quarter that ended in Jun. 2018 was $0.31. DCT Industrial Trust's Shiller PE Ratio for today is 138.00.

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

DCT's Shiller PE Ratio is not ranked *
in the REITs industry.
Industry Median: 11.495
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

DCT Industrial Trust's adjusted earnings per share data for the three months ended in Jun. 2018 was $0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.31 for the trailing ten years ended in Jun. 2018.

Shiller PE for Stocks: The True Measure of Stock Valuation


DCT Industrial Trust Shiller PE Ratio Historical Data

The historical data trend for DCT Industrial Trust'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.

DCT Industrial Trust Shiller PE Ratio Chart

DCT Industrial Trust Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 176.29 218.95

DCT Industrial Trust Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 197.47 216.69 218.95 173.94 216.27

Competitive Comparison of DCT Industrial Trust's Shiller PE Ratio

For the REIT - Industrial subindustry, DCT Industrial Trust'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.


DCT Industrial Trust's Shiller PE Ratio Distribution in the REITs Industry

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

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



DCT Industrial Trust 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.

DCT Industrial Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=42.78/0.31
=138.00

* 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.

DCT Industrial Trust's E10 for the quarter that ended in Jun. 2018 is calculated as:

For example, DCT Industrial Trust's adjusted earnings per share data for the three months ended in Jun. 2018 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=0.25/106.3168*106.3168
=0.250

Current CPI (Jun. 2018) = 106.3168.

DCT Industrial Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200809 0.160 92.307 0.184
200812 -0.320 88.697 -0.384
200903 0.080 89.744 0.095
200906 -0.080 91.003 -0.093
200909 -0.280 91.120 -0.327
200912 -0.080 91.111 -0.093
201003 -0.160 91.821 -0.185
201006 -0.200 91.962 -0.231
201009 -0.164 92.162 -0.189
201012 -0.200 92.474 -0.230
201103 -0.160 94.283 -0.180
201106 -0.160 95.235 -0.179
201109 -0.133 95.727 -0.148
201112 0.000 95.213 0.000
201203 -0.120 96.783 -0.132
201206 -0.240 96.819 -0.264
201209 0.120 97.633 0.131
201212 0.000 96.871 0.000
201303 0.000 98.209 0.000
201306 0.160 98.518 0.173
201309 -0.120 98.790 -0.129
201312 0.200 98.326 0.216
201403 0.000 99.695 0.000
201406 0.080 100.560 0.085
201409 0.150 100.428 0.159
201412 0.350 99.070 0.376
201503 0.320 99.621 0.342
201506 0.200 100.684 0.211
201509 0.090 100.392 0.095
201512 0.430 99.792 0.458
201603 0.410 100.470 0.434
201606 0.240 101.688 0.251
201609 0.170 101.861 0.177
201612 0.220 101.863 0.230
201703 0.160 102.862 0.165
201706 0.450 103.349 0.463
201709 0.280 104.136 0.286
201712 0.220 104.011 0.225
201803 0.520 105.290 0.525
201806 0.250 106.317 0.250

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.


DCT Industrial Trust  (NYSE:DCT) 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.


DCT Industrial Trust Shiller PE Ratio Related Terms

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DCT Industrial Trust (DCT Industrial Trust) Business Description

Traded in Other Exchanges
N/A
Address
DCT Industrial Trust Inc is a real estate investment trust engaged in the acquiring, leasing, and managing of large distribution and light industrial warehouses near large U.S. urban markets. The company segments its operations into East, Central, and West divisions. DCT's property portfolio is fairly evenly distributed amongst its three regional units both in terms of total square footage and the percent of total revenue derived from each. The largest cities in each region play host to the most buildings. The company generates nearly all of its revenue in the form of rental revenue from its fairly diversified base of tenants. Manufacturing, transportation and warehousing, and wholesale trade companies account for most of DCT's revenue and total occupied square feet.
Executives
Philip L Hawkins director, officer: President and CEO C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Marcus L. Smith director 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Mark Skomal officer: Chief Accounting Officer C/O CYRUSONE INC. 2850 N HARWOOD ST STE 2200 DALLAS TX 75201
Raymond B Greer director 1515 WEST 20TH STREET, P.O. BOX 612787, DFW INTERNATIONAL AIRPORT TX 75261
Thomas F August director 6214 PARK LANE, DALLAS TX 75225
Marilyn A Alexander director 565 DUNNEGAN DRIVE, LAGUNA BEACH CA 92651
Thomas G Wattles director, officer: Chairman ONE INDEPENDENT DRIVE, SUITE 114, JACKSONVILLE FL 32202
Stuart B Brown officer: Chief Financial Officer 518 17TH STREET, SUITE 1700, DENVER CO 80202

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