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Tritax Big Box REIT (LSE:BBOX) Shiller PE Ratio : 9.27 (As of May. 17, 2024)


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What is Tritax Big Box REIT Shiller PE Ratio?

As of today (2024-05-17), Tritax Big Box REIT's current share price is £1.669. Tritax Big Box REIT's E10 for the fiscal year that ended in Dec23 was £0.18. Tritax Big Box REIT's Shiller PE Ratio for today is 9.27.

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

LSE:BBOX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.14   Med: 8.72   Max: 9.36
Current: 8.92

During the past 10 years, Tritax Big Box REIT's highest Shiller PE Ratio was 9.36. The lowest was 8.14. And the median was 8.72.

LSE:BBOX's Shiller PE Ratio is ranked better than
64.94% of 445 companies
in the REITs industry
Industry Median: 11.58 vs LSE:BBOX: 8.92

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.

Tritax Big Box REIT's adjusted earnings per share data of for the fiscal year that ended in Dec23 was £0.037. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.18 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tritax Big Box REIT Shiller PE Ratio Historical Data

The historical data trend for Tritax Big Box REIT'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.

Tritax Big Box REIT Shiller PE Ratio Chart

Tritax Big Box REIT Annual Data
Trend Feb13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 9.47

Tritax Big Box REIT Semi-Annual Data
Feb13 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - - - 9.47

Competitive Comparison of Tritax Big Box REIT's Shiller PE Ratio

For the REIT - Industrial subindustry, Tritax Big Box REIT'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.


Tritax Big Box REIT's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Tritax Big Box REIT's Shiller PE Ratio falls into.



Tritax Big Box REIT 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.

Tritax Big Box REIT's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.669/0.18
=9.27

* 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.

Tritax Big Box REIT's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Tritax Big Box REIT's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.037/130.5000*130.5000
=0.037

Current CPI (Dec23) = 130.5000.

Tritax Big Box REIT Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201302 0.000 97.500 0.000
201512 0.214 100.400 0.278
201612 0.104 102.200 0.133
201712 0.194 105.000 0.241
201812 0.175 107.100 0.213
201912 0.084 108.500 0.101
202012 0.263 109.400 0.314
202112 0.553 114.700 0.629
202212 -0.321 125.300 -0.334
202312 0.037 130.500 0.037

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.


Tritax Big Box REIT  (LSE:BBOX) 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.


Tritax Big Box REIT Shiller PE Ratio Related Terms

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Tritax Big Box REIT (LSE:BBOX) Business Description

Traded in Other Exchanges
Address
6 Duke Street, 3rd Floor, St. James's, London, GBR, SW1Y 6BN
Tritax Big Box REIT PLC is a UK based real estate investment trust. With the focus on the acquisition and management of large-scale logistics real estate Tritax operates in the Investment Property segment. It owns and operates big boxes stores which also serves as the breakdown point for bulk palleted deliveries and are often port-centric in their location focus. The customers it caters operate in the business of retail, logistics, consumer products and automotive.

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