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Great Portland Estates (LSE:GPE) Shiller PE Ratio : 7.18 (As of May. 16, 2024)


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What is Great Portland Estates Shiller PE Ratio?

As of today (2024-05-16), Great Portland Estates's current share price is £4.305. Great Portland Estates's E10 for the fiscal year that ended in Mar23 was £0.60. Great Portland Estates's Shiller PE Ratio for today is 7.18.

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

LSE:GPE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.01   Med: 11.04   Max: 17.69
Current: 6.78

During the past 13 years, Great Portland Estates's highest Shiller PE Ratio was 17.69. The lowest was 6.01. And the median was 11.04.

LSE:GPE's Shiller PE Ratio is ranked better than
79.55% of 445 companies
in the REITs industry
Industry Median: 11.58 vs LSE:GPE: 6.78

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.

Great Portland Estates's adjusted earnings per share data of for the fiscal year that ended in Mar23 was £-0.648. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.60 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Great Portland Estates Shiller PE Ratio Historical Data

The historical data trend for Great Portland Estates'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.

Great Portland Estates Shiller PE Ratio Chart

Great Portland Estates Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.29 8.00 10.31 10.29 8.45

Great Portland Estates Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 10.29 - 8.45 -

Competitive Comparison of Great Portland Estates's Shiller PE Ratio

For the REIT - Office subindustry, Great Portland Estates'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.


Great Portland Estates's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Great Portland Estates's Shiller PE Ratio falls into.



Great Portland Estates 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.

Great Portland Estates's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.305/0.6
=7.18

* 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.

Great Portland Estates's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Great Portland Estates's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=-0.648/126.8000*126.8000
=-0.648

Current CPI (Mar23) = 126.8000.

Great Portland Estates Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.496 99.300 1.910
201503 1.800 99.600 2.292
201603 1.977 100.400 2.497
201703 -0.408 102.700 -0.504
201803 0.182 105.100 0.220
201903 0.171 107.000 0.203
202003 0.200 108.600 0.234
202103 -0.798 109.700 -0.922
202203 0.660 116.500 0.718
202303 -0.648 126.800 -0.648

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.


Great Portland Estates  (LSE:GPE) 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.


Great Portland Estates Shiller PE Ratio Related Terms

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Great Portland Estates (LSE:GPE) Business Description

Traded in Other Exchanges
Address
33 Cavendish Square, London, GBR, W1G 0PW
Great Portland Estates PLC, or GPE, is a real estate investment trust involved in the ownership and development of commercial property in central London. GPE invests in and redevelops London real estate. The company generates revenue from these assets through long-term lease agreements. Income is also derived from the management of other development projects. The majority of the company's real estate portfolio is comprised of office space, while retail locations also make up a significant percentage. Almost half of GPE's properties are located in the North of Oxford Street area. London's West End is home to a substantial share as well. GPE's tenants are primarily divided between retail & leisure shops; technology, media, & telecom companies; and professional & business services firms.

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