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Easterly Government Properties (Easterly Government Properties) Shiller PE Ratio : 99.67 (As of May. 11, 2024)


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What is Easterly Government Properties Shiller PE Ratio?

As of today (2024-05-11), Easterly Government Properties's current share price is $11.96. Easterly Government Properties's E10 for the quarter that ended in Mar. 2024 was $0.12. Easterly Government Properties's Shiller PE Ratio for today is 99.67.

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

DEA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 74.71   Med: 95.07   Max: 106.5
Current: 99.67

During the past years, Easterly Government Properties's highest Shiller PE Ratio was 106.50. The lowest was 74.71. And the median was 95.07.

DEA's Shiller PE Ratio is ranked worse than
97.3% of 444 companies
in the REITs industry
Industry Median: 11.51 vs DEA: 99.67

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.

Easterly Government Properties's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Easterly Government Properties Shiller PE Ratio Historical Data

The historical data trend for Easterly Government Properties'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.

Easterly Government Properties Shiller PE Ratio Chart

Easterly Government Properties 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 - - - - 87.90

Easterly Government Properties 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 101.63 104.85 80.48 87.90 96.62

Competitive Comparison of Easterly Government Properties's Shiller PE Ratio

For the REIT - Office subindustry, Easterly Government Properties'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.


Easterly Government Properties's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Easterly Government Properties's Shiller PE Ratio falls into.



Easterly Government Properties 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.

Easterly Government Properties's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.96/0.12
=99.67

* 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.

Easterly Government Properties's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Easterly Government Properties'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)
=0.04/129.4194*129.4194
=0.040

Current CPI (Mar. 2024) = 129.4194.

Easterly Government Properties Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.352 100.560 -0.453
201409 -0.148 100.428 -0.191
201412 0.292 99.070 0.381
201503 -0.220 99.621 -0.286
201506 0.020 100.684 0.026
201509 0.020 100.392 0.026
201512 0.030 99.792 0.039
201603 0.030 100.470 0.039
201606 0.020 101.688 0.025
201609 0.020 101.861 0.025
201612 0.030 101.863 0.038
201703 0.030 102.862 0.038
201706 0.020 103.349 0.025
201709 0.020 104.136 0.025
201712 0.030 104.011 0.037
201803 0.030 105.290 0.037
201806 0.020 106.317 0.024
201809 0.030 106.507 0.036
201812 0.010 105.998 0.012
201903 -0.010 107.251 -0.012
201906 0.080 108.070 0.096
201909 0.010 108.329 0.012
201912 0.020 108.420 0.024
202003 0.020 108.902 0.024
202006 0.050 108.767 0.059
202009 0.050 109.815 0.059
202012 0.030 109.897 0.035
202103 0.080 111.754 0.093
202106 0.100 114.631 0.113
202109 0.090 115.734 0.101
202112 0.080 117.630 0.088
202203 0.080 121.301 0.085
202206 0.080 125.017 0.083
202209 0.010 125.227 0.010
202212 0.180 125.222 0.186
202303 0.040 127.348 0.041
202306 0.050 128.729 0.050
202309 0.060 129.860 0.060
202312 0.040 129.419 0.040
202403 0.040 129.419 0.040

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.


Easterly Government Properties  (NYSE:DEA) 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.


Easterly Government Properties Shiller PE Ratio Related Terms

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


Easterly Government Properties (Easterly Government Properties) Business Description

Traded in Other Exchanges
Address
2001 K Street NW, Suite 775, Washington, DC, USA, 20006
Easterly Government Properties Inc is a real estate investment trust. It is engaged in the acquisition, development, and management of Class A commercial properties that are leased to U.S. government agencies. The company generates all its revenue by leasing its properties to such agencies.
Executives
Darrell W Crate director, officer: Chairman 138 CONANT STREET, BEVERLY MA 01915
John Stuart Burns officer: EVP, Government Relations EASTERLY GOVERNMENT PROPERTIES, INC., 2001 K STREET NW, SUITE 775 NORTH, WASHINGTON DC 20006
Franklin V. Logan officer: EVP, GC & Secretary EASTERLY GOVERNMENT PROPERTIES, INC., 2001 K STREET NW, SUITE 775 NORTH, WASHINGTON DC 20006
William C. Trimble director, officer: CEO and President EASTERLY GOVERNMENT PROPERTIES, INC., 2101 L STREET NW, SUITE 750, WASHINGTON DC 20037
Allison E. Marino officer: SVP & CAO C/O EASTERLY GOVERNMENT PROPERTIES, INC., 2001 K STREET NW, SUITE 775 NORTH, WASHINGTON DC 20006
Alison M. Bernard officer: EVP & CAO EASTERLY GOVERNMENT PROPERTIES, INC., 2101 L STREET NW, SUITE 750, WASHINGTON DC 20037
Scott D. Freeman director C/O EASTERLY GOVERNMENT PROPERTIES, INC., 2101 L STREET NW, SUITE 650, WASHINGTON DC 20037
James E Mead director C/O STRATEGIC HOTEL CAPITAL, INC., 77 WEST WACKER DRIVE, SUITE 4600, CHICAGO IL 60601
Tara S. Innes director C/O EASTERLY GOVERNMENT PROPERTIES, INC., 2101 L STREET NW, SUITE 650, WASHINGTON DC 20037
Ronald E. Kendall officer: EVP - Government Relations C/O EASTERLY GOVERNMENT PROPERTIES, 2101 L STREET NW, SUITE 750, WASHINGTON DC 20037
Meghan G. Baivier officer: EVP, CFO & COO C/O EASTERLY GOVERNMENT PROPERTIES, INC., 2101 L STREET NW, SUITE 750, WASHINGTON DC 20037
Cynthia A Fisher director 186 PARK STREET, NEWTON MA 02458
Henry Emil W Jr director C/O GLEACHER & CO INC, 660 MADISON AVE 19TH FLOOR, NEW YORK NY 10021
William H Binnie director
Usgp Ii Investor, Lp 10 percent owner 2101 L STREET, NW, SUITE 750, WASHINGTON DC 20037