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Panora Gayrimenkul Yatirim Ortakligi AS (IST:PAGYO) Shiller PE Ratio : 7.31 (As of May. 25, 2024)


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What is Panora Gayrimenkul Yatirim Ortakligi AS Shiller PE Ratio?

As of today (2024-05-25), Panora Gayrimenkul Yatirim Ortakligi AS's current share price is ₺46.50. Panora Gayrimenkul Yatirim Ortakligi AS's E10 for the quarter that ended in Dec. 2023 was ₺6.36. Panora Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio for today is 7.31.

The historical rank and industry rank for Panora Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio or its related term are showing as below:

IST:PAGYO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.43   Med: 9.26   Max: 23.93
Current: 7.32

During the past years, Panora Gayrimenkul Yatirim Ortakligi AS's highest Shiller PE Ratio was 23.93. The lowest was 5.43. And the median was 9.26.

IST:PAGYO's Shiller PE Ratio is ranked better than
73.87% of 444 companies
in the REITs industry
Industry Median: 11.48 vs IST:PAGYO: 7.32

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.

Panora Gayrimenkul Yatirim Ortakligi AS's adjusted earnings per share data for the three months ended in Dec. 2023 was ₺27.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₺6.36 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panora Gayrimenkul Yatirim Ortakligi AS Shiller PE Ratio Historical Data

The historical data trend for Panora Gayrimenkul Yatirim Ortakligi AS'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.

Panora Gayrimenkul Yatirim Ortakligi AS Shiller PE Ratio Chart

Panora Gayrimenkul Yatirim Ortakligi AS 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 - - 7.71 9.08 5.59

Panora Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9.08 7.04 7.58 11.16 5.59

Competitive Comparison of Panora Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio

For the REIT - Retail subindustry, Panora Gayrimenkul Yatirim Ortakligi AS'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.


Panora Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Panora Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Panora Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio falls into.



Panora Gayrimenkul Yatirim Ortakligi AS 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.

Panora Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=46.50/6.36
=7.31

* 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.

Panora Gayrimenkul Yatirim Ortakligi AS's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Panora Gayrimenkul Yatirim Ortakligi AS's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=27.92/129.4194*129.4194
=27.920

Current CPI (Dec. 2023) = 129.4194.

Panora Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.131 99.695 0.170
201406 0.118 100.560 0.152
201409 0.121 100.428 0.156
201412 0.587 99.070 0.767
201503 0.140 99.621 0.182
201506 0.117 100.684 0.150
201509 0.116 100.392 0.150
201512 0.732 99.792 0.949
201603 0.150 100.470 0.193
201606 0.117 101.688 0.149
201609 0.103 101.861 0.131
201612 0.115 101.863 0.146
201703 0.141 102.862 0.177
201706 0.129 103.349 0.162
201709 0.116 104.136 0.144
201712 1.821 104.011 2.266
201803 0.165 105.290 0.203
201806 0.138 106.317 0.168
201809 0.153 106.507 0.186
201812 0.306 105.998 0.374
201903 0.180 107.251 0.217
201906 0.170 108.070 0.204
201909 0.169 108.329 0.202
201912 0.208 108.420 0.248
202003 0.170 108.902 0.202
202006 -0.010 108.767 -0.012
202009 0.070 109.815 0.082
202012 0.104 109.897 0.122
202103 0.080 111.754 0.093
202106 0.080 114.631 0.090
202109 0.370 115.734 0.414
202112 2.518 117.630 2.770
202203 0.260 121.301 0.277
202206 0.290 125.017 0.300
202209 0.370 125.227 0.382
202212 19.970 125.222 20.639
202303 0.560 127.348 0.569
202306 1.010 128.729 1.015
202309 0.850 129.860 0.847
202312 27.920 129.419 27.920

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.


Panora Gayrimenkul Yatirim Ortakligi AS  (IST:PAGYO) 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.


Panora Gayrimenkul Yatirim Ortakligi AS Shiller PE Ratio Related Terms

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Panora Gayrimenkul Yatirim Ortakligi AS (IST:PAGYO) Business Description

Traded in Other Exchanges
N/A
Address
Turan Güne? Boulevard No: 182/1 OE-An, Cankaya, Ankara, TUR
Panora Gayrimenkul Yatirim Ortakligi AS operates & owns shopping centers.

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