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Alexander's (FRA:AXE) Shiller PE Ratio : 12.27 (As of May. 27, 2024)


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What is Alexander's Shiller PE Ratio?

As of today (2024-05-27), Alexander's's current share price is €190.00. Alexander's's E10 for the quarter that ended in Mar. 2024 was €15.48. Alexander's's Shiller PE Ratio for today is 12.27.

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

FRA:AXE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.49   Med: 12.86   Max: 18.41
Current: 12.17

During the past years, Alexander's's highest Shiller PE Ratio was 18.41. The lowest was 6.49. And the median was 12.86.

FRA:AXE's Shiller PE Ratio is ranked worse than
53.03% of 445 companies
in the REITs industry
Industry Median: 11.43 vs FRA:AXE: 12.17

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.

Alexander's's adjusted earnings per share data for the three months ended in Mar. 2024 was €2.889. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €15.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alexander's Shiller PE Ratio Historical Data

The historical data trend for Alexander's'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.

Alexander's Shiller PE Ratio Chart

Alexander's 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 11.94 10.16 8.70 13.81 12.55

Alexander's 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 12.06 10.72 10.62 12.55 12.59

Competitive Comparison of Alexander's's Shiller PE Ratio

For the REIT - Retail subindustry, Alexander's'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.


Alexander's's Shiller PE Ratio Distribution in the REITs Industry

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

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



Alexander's 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.

Alexander's's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=190.00/15.48
=12.27

* 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.

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

For example, Alexander's'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)
=2.889/131.7762*131.7762
=2.889

Current CPI (Mar. 2024) = 131.7762.

Alexander's Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 2.421 100.560 3.173
201409 2.685 100.428 3.523
201412 2.879 99.070 3.829
201503 3.225 99.621 4.266
201506 3.020 100.684 3.953
201509 3.163 100.392 4.152
201512 4.232 99.792 5.588
201603 3.870 100.470 5.076
201606 3.791 101.688 4.913
201609 3.662 101.861 4.737
201612 4.010 101.863 5.188
201703 3.964 102.862 5.078
201706 3.596 103.349 4.585
201709 3.331 104.136 4.215
201712 2.957 104.011 3.746
201803 -1.541 105.290 -1.929
201806 2.936 106.317 3.639
201809 2.511 106.507 3.107
201812 1.714 105.998 2.131
201903 3.089 107.251 3.795
201906 1.947 108.070 2.374
201909 2.924 108.329 3.557
201912 2.538 108.420 3.085
202003 0.805 108.902 0.974
202006 2.140 108.767 2.593
202009 1.095 109.815 1.314
202012 2.959 109.897 3.548
202103 2.932 111.754 3.457
202106 4.192 114.631 4.819
202109 1.887 115.734 2.149
202112 13.425 117.630 15.040
202203 2.579 121.301 2.802
202206 2.734 125.017 2.882
202209 2.980 125.227 3.136
202212 2.426 125.222 2.553
202303 2.045 127.348 2.116
202306 11.547 128.729 11.820
202309 1.968 129.860 1.997
202312 2.916 129.419 2.969
202403 2.889 131.776 2.889

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.


Alexander's  (FRA:AXE) 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.


Alexander's Shiller PE Ratio Related Terms

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Alexander's (FRA:AXE) Business Description

Traded in Other Exchanges
Address
210 Route 4 East, Paramus, NJ, USA, 07652
Alexander's Inc is a real estate investment trust engaged in leasing, managing, developing and redeveloping its properties. It has six properties in the greater New York City metropolitan area. All of the revenues come from properties located in New York City which include revenues from leasing of space to tenants at their properties and revenues from parking and tenant services.

Alexander's (FRA:AXE) Headlines

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