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Mapletree Pan Asia Commercial Trust (SGX:N2IU) Shiller PE Ratio : 6.78 (As of May. 03, 2024)


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What is Mapletree Pan Asia Commercial Trust Shiller PE Ratio?

As of today (2024-05-03), Mapletree Pan Asia Commercial Trust's current share price is S$1.22. Mapletree Pan Asia Commercial Trust's E10 for the quarter that ended in Dec. 2023 was S$0.18. Mapletree Pan Asia Commercial Trust's Shiller PE Ratio for today is 6.78.

The historical rank and industry rank for Mapletree Pan Asia Commercial Trust's Shiller PE Ratio or its related term are showing as below:

SGX:N2IU' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.72   Med: 8.84   Max: 10.53
Current: 7.22

During the past years, Mapletree Pan Asia Commercial Trust's highest Shiller PE Ratio was 10.53. The lowest was 6.72. And the median was 8.84.

SGX:N2IU's Shiller PE Ratio is ranked better than
74.61% of 449 companies
in the REITs industry
Industry Median: 11.38 vs SGX:N2IU: 7.22

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.

Mapletree Pan Asia Commercial Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was S$0.021. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is S$0.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mapletree Pan Asia Commercial Trust Shiller PE Ratio Historical Data

The historical data trend for Mapletree Pan Asia Commercial 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.

Mapletree Pan Asia Commercial Trust Shiller PE Ratio Chart

Mapletree Pan Asia Commercial Trust 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 - - - 9.74 9.67

Mapletree Pan Asia Commercial Trust Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Mar21 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 9.07 9.67 8.60 8.10 8.93

Competitive Comparison of Mapletree Pan Asia Commercial Trust's Shiller PE Ratio

For the REIT - Office subindustry, Mapletree Pan Asia Commercial 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.


Mapletree Pan Asia Commercial Trust's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mapletree Pan Asia Commercial Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mapletree Pan Asia Commercial Trust's Shiller PE Ratio falls into.



Mapletree Pan Asia Commercial 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.

Mapletree Pan Asia Commercial Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.22/0.18
=6.78

* 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.

Mapletree Pan Asia Commercial Trust's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Mapletree Pan Asia Commercial Trust'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)
=0.021/129.4194*129.4194
=0.021

Current CPI (Dec. 2023) = 129.4194.

Mapletree Pan Asia Commercial Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201306 0.016 98.518 0.021
201309 0.016 98.790 0.021
201312 0.017 98.326 0.022
201403 0.113 99.695 0.147
201406 0.018 100.560 0.023
201409 0.018 100.428 0.023
201412 0.019 99.070 0.025
201503 0.091 99.621 0.118
201506 0.018 100.684 0.023
201509 0.019 100.392 0.024
201512 0.019 99.792 0.025
201603 0.083 100.470 0.107
201606 0.019 101.688 0.024
201609 0.019 101.861 0.024
201612 0.021 101.863 0.027
201703 0.073 102.862 0.092
201706 0.021 103.349 0.026
201709 0.021 104.136 0.026
201712 0.021 104.011 0.026
201803 0.133 105.290 0.163
201806 0.022 106.317 0.027
201809 0.021 106.507 0.026
201812 0.021 105.998 0.026
201903 0.138 107.251 0.167
201906 0.022 108.070 0.026
201909 0.126 108.329 0.151
201912 0.023 108.420 0.027
202003 0.009 108.902 0.011
202009 -0.028 109.815 -0.033
202103 0.049 111.754 0.057
202109 0.053 115.734 0.059
202112 0.022 117.630 0.024
202203 0.030 121.301 0.032
202206 0.023 125.017 0.024
202209 0.056 125.227 0.058
202212 0.021 125.222 0.022
202303 0.007 127.348 0.007
202306 0.020 128.729 0.020
202309 0.020 129.860 0.020
202312 0.021 129.419 0.021

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.


Mapletree Pan Asia Commercial Trust  (SGX:N2IU) 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.


Mapletree Pan Asia Commercial Trust Shiller PE Ratio Related Terms

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Mapletree Pan Asia Commercial Trust (SGX:N2IU) Business Description

Traded in Other Exchanges
Address
10-80 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Pan Asia Commercial Trust was established in July 2022 as a result of the merger between Mapletree Commercial Trust and Mapletree North Asia Commercial Trust. The trust has a diversified portfolio of 18 properties, which includes business parks, offices and retail malls across Singapore, Hong Kong, China, Japan, and South Korea. The trust is externally managed by MPACT Management, a subsidiary of its sponsor, which owns around a 56% stake in the trust.

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