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Dream Industrial Real Estate Investment Trust (FRA:6MS) Shiller PE Ratio : 9.46 (As of Jun. 08, 2024)


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What is Dream Industrial Real Estate Investment Trust Shiller PE Ratio?

As of today (2024-06-08), Dream Industrial Real Estate Investment Trust's current share price is €8.133. Dream Industrial Real Estate Investment Trust's E10 for the quarter that ended in Mar. 2024 was €0.86. Dream Industrial Real Estate Investment Trust's Shiller PE Ratio for today is 9.46.

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

FRA:6MS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.95   Med: 10.63   Max: 13.7
Current: 9.36

During the past years, Dream Industrial Real Estate Investment Trust's highest Shiller PE Ratio was 13.70. The lowest was 8.95. And the median was 10.63.

FRA:6MS's Shiller PE Ratio is ranked better than
61.56% of 450 companies
in the REITs industry
Industry Median: 11.275 vs FRA:6MS: 9.36

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.

Dream Industrial Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.177. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dream Industrial Real Estate Investment Trust Shiller PE Ratio Historical Data

The historical data trend for Dream Industrial Real Estate Investment 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.

Dream Industrial Real Estate Investment Trust Shiller PE Ratio Chart

Dream Industrial Real Estate Investment Trust 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 - - - 8.72 10.91

Dream Industrial Real Estate Investment Trust 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 11.16 10.81 9.87 10.91 10.05

Competitive Comparison of Dream Industrial Real Estate Investment Trust's Shiller PE Ratio

For the REIT - Industrial subindustry, Dream Industrial Real Estate Investment 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.


Dream Industrial Real Estate Investment Trust's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Dream Industrial Real Estate Investment Trust's Shiller PE Ratio falls into.



Dream Industrial Real Estate Investment 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.

Dream Industrial Real Estate Investment Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.133/0.86
=9.46

* 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.

Dream Industrial Real Estate Investment Trust's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Dream Industrial Real Estate Investment Trust'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)
=0.177/126.2576*126.2576
=0.177

Current CPI (Mar. 2024) = 126.2576.

Dream Industrial Real Estate Investment Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.138 99.473 0.175
201409 0.196 99.394 0.249
201412 0.200 98.367 0.257
201503 0.035 99.789 0.044
201506 0.248 100.500 0.312
201509 0.122 100.421 0.153
201512 -0.129 99.947 -0.163
201603 -0.067 101.054 -0.084
201606 0.002 102.002 0.002
201609 0.110 101.765 0.136
201612 -0.088 101.449 -0.110
201703 0.104 102.634 0.128
201706 -0.060 103.029 -0.074
201709 0.069 103.345 0.084
201712 0.139 103.345 0.170
201803 0.273 105.004 0.328
201806 0.102 105.557 0.122
201809 0.174 105.636 0.208
201812 0.398 105.399 0.477
201903 -0.046 106.979 -0.054
201906 0.412 107.690 0.483
201909 -0.015 107.611 -0.018
201912 0.536 107.769 0.628
202003 0.167 107.927 0.195
202006 0.011 108.401 0.013
202009 0.275 108.164 0.321
202012 0.307 108.559 0.357
202103 0.341 110.298 0.390
202106 0.530 111.720 0.599
202109 0.476 112.905 0.532
202112 0.542 113.774 0.601
202203 1.226 117.646 1.316
202206 0.464 120.806 0.485
202209 0.347 120.648 0.363
202212 -0.092 120.964 -0.096
202303 -0.044 122.702 -0.045
202306 0.201 124.203 0.204
202309 0.124 125.230 0.125
202312 -0.021 125.072 -0.021
202403 0.177 126.258 0.177

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.


Dream Industrial Real Estate Investment Trust  (FRA:6MS) 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.


Dream Industrial Real Estate Investment Trust Shiller PE Ratio Related Terms

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Dream Industrial Real Estate Investment Trust (FRA:6MS) Business Description

Traded in Other Exchanges
Address
30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1
Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. Its portfolio comprises industrial properties located in key markets across Canada, Europe and the USA. Its objective is to build upon and grow its portfolio and to provide stable and sustainable cash distributions to its unitholders. Geographically the business is organized into Ontario, Quebec, Western Canada, Europe and the USA. Substantial revenue is derived from the European portfolio.

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