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Farmland Partners (FRA:0FA) Shiller PE Ratio : 1,040.00 (As of May. 15, 2024)


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What is Farmland Partners Shiller PE Ratio?

As of today (2024-05-15), Farmland Partners's current share price is €10.40. Farmland Partners's E10 for the quarter that ended in Mar. 2024 was €0.01. Farmland Partners's Shiller PE Ratio for today is 1,040.00.

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

FRA:0FA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1050   Med: 1114.5   Max: 1596.74
Current: 1596.74

During the past years, Farmland Partners's highest Shiller PE Ratio was 1596.74. The lowest was 1050.00. And the median was 1114.50.

FRA:0FA's Shiller PE Ratio is ranked worse than
99.78% of 445 companies
in the REITs industry
Industry Median: 11.58 vs FRA:0FA: 1596.74

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.

Farmland Partners's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.009. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Farmland Partners Shiller PE Ratio Historical Data

The historical data trend for Farmland Partners'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.

Farmland Partners Shiller PE Ratio Chart

Farmland Partners 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 - - - - 2,021.08

Farmland Partners 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 - - - 2,021.08 1,581.07

Competitive Comparison of Farmland Partners's Shiller PE Ratio

For the REIT - Specialty subindustry, Farmland Partners'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.


Farmland Partners's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Farmland Partners's Shiller PE Ratio falls into.



Farmland Partners 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.

Farmland Partners's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=10.40/0.01
=1,040.00

* 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.

Farmland Partners's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Farmland Partners'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)
=0.009/129.4194*129.4194
=0.009

Current CPI (Mar. 2024) = 129.4194.

Farmland Partners Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.088 100.560 -0.113
201409 0.001 100.428 0.001
201412 -0.041 99.070 -0.054
201503 -0.018 99.621 -0.023
201506 -0.003 100.684 -0.004
201509 0.036 100.392 0.046
201512 0.037 99.792 0.048
201603 -0.135 100.470 -0.174
201606 -0.003 101.688 -0.004
201609 -0.053 101.861 -0.067
201612 0.284 101.863 0.361
201703 -0.093 102.862 -0.117
201706 0.018 103.349 0.023
201709 0.008 104.136 0.010
201712 0.059 104.011 0.073
201803 -0.065 105.290 -0.080
201806 -0.060 106.317 -0.073
201809 0.017 106.507 0.021
201812 0.079 105.998 0.096
201903 -0.089 107.251 -0.107
201906 0.071 108.070 0.085
201909 -0.136 108.329 -0.162
201912 0.081 108.420 0.097
202003 -0.081 108.902 -0.096
202006 -0.089 108.767 -0.106
202009 -0.076 109.815 -0.090
202012 0.049 109.897 0.058
202103 -0.017 111.754 -0.020
202106 -0.158 114.631 -0.178
202109 -0.145 115.734 -0.162
202112 0.195 117.630 0.215
202203 0.004 121.301 0.004
202206 0.038 125.017 0.039
202209 0.010 125.227 0.010
202212 0.104 125.222 0.107
202303 0.019 127.348 0.019
202306 0.111 128.729 0.112
202309 0.066 129.860 0.066
202312 0.284 129.419 0.284
202403 0.009 129.419 0.009

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.


Farmland Partners  (FRA:0FA) 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.


Farmland Partners Shiller PE Ratio Related Terms

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


Farmland Partners (FRA:0FA) Business Description

Traded in Other Exchanges
Address
4600 South Syracuse Street, Suite 1450, Denver, CO, USA, 80237
Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company and owns and contracts of farmland and storage facilities located across the United States. Its properties are farmed by over 100 tenants growing more than 26 commercial crops. Farmland Partners generates its revenues through the rent it receives from its tenants.

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