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Firm Capital Property Trust (TSX:FCD.UN) Shiller PE Ratio : 5.10 (As of May. 24, 2024)


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What is Firm Capital Property Trust Shiller PE Ratio?

As of today (2024-05-24), Firm Capital Property Trust's current share price is C$5.10. Firm Capital Property Trust's E10 for the quarter that ended in Mar. 2024 was C$1.00. Firm Capital Property Trust's Shiller PE Ratio for today is 5.10.

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

TSX:FCD.UN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.7   Med: 5.16   Max: 6.11
Current: 5.15

During the past years, Firm Capital Property Trust's highest Shiller PE Ratio was 6.11. The lowest was 4.70. And the median was 5.16.

TSX:FCD.UN's Shiller PE Ratio is ranked better than
87.64% of 445 companies
in the REITs industry
Industry Median: 11.5 vs TSX:FCD.UN: 5.15

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.

Firm Capital Property Trust's adjusted earnings per share data for the three months ended in Mar. 2024 was C$0.268. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$1.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Firm Capital Property Trust Shiller PE Ratio Historical Data

The historical data trend for Firm Capital Property 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.

Firm Capital Property Trust Shiller PE Ratio Chart

Firm Capital Property Trust 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 - - - 5.64 4.84

Firm Capital Property Trust 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 5.52 5.15 5.28 4.84 4.84

Competitive Comparison of Firm Capital Property Trust's Shiller PE Ratio

For the REIT - Retail subindustry, Firm Capital Property 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.


Firm Capital Property Trust's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Firm Capital Property Trust's Shiller PE Ratio falls into.



Firm Capital Property 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.

Firm Capital Property Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.10/1
=5.10

* 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.

Firm Capital Property Trust's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Firm Capital Property Trust'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)
=0.268/126.2576*126.2576
=0.268

Current CPI (Mar. 2024) = 126.2576.

Firm Capital Property Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.132 99.473 0.168
201409 0.177 99.394 0.225
201412 0.143 98.367 0.184
201503 0.117 99.789 0.148
201506 0.378 100.500 0.475
201509 0.261 100.421 0.328
201512 0.152 99.947 0.192
201603 0.182 101.054 0.227
201606 0.110 102.002 0.136
201609 0.107 101.765 0.133
201612 0.258 101.449 0.321
201703 0.175 102.634 0.215
201706 0.404 103.029 0.495
201709 0.289 103.345 0.353
201712 0.377 103.345 0.461
201803 0.387 105.004 0.465
201806 0.216 105.557 0.258
201809 0.178 105.636 0.213
201812 0.158 105.399 0.189
201903 0.121 106.979 0.143
201906 0.350 107.690 0.410
201909 0.145 107.611 0.170
201912 0.667 107.769 0.781
202003 -0.175 107.927 -0.205
202006 0.126 108.401 0.147
202009 0.134 108.164 0.156
202012 0.457 108.559 0.532
202103 0.346 110.298 0.396
202106 0.945 111.720 1.068
202109 0.289 112.905 0.323
202112 0.193 113.774 0.214
202203 0.157 117.646 0.168
202206 -0.541 120.806 -0.565
202209 0.137 120.648 0.143
202212 0.234 120.964 0.244
202303 0.146 122.702 0.150
202306 0.151 124.203 0.153
202309 -0.065 125.230 -0.066
202312 0.184 125.072 0.186
202403 0.268 126.258 0.268

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.


Firm Capital Property Trust  (TSX:FCD.UN) 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.


Firm Capital Property Trust Shiller PE Ratio Related Terms

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Firm Capital Property Trust (TSX:FCD.UN) Business Description

Traded in Other Exchanges
Address
163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5
Firm Capital Property Trust is a Canada-based open-ended real estate investment trust. It is focused on creating long-term value for unitholders through capital preservation and disciplined investing to achieve stable distributable income. The company operates in five reportable segments: Grocery Anchored Retail, Non-Grocery Anchored Retail, Industrial, Multi-Residential, and Core Service Office Provider. A vast majority of its revenues are derived from the Grocery anchored retail segment.

Firm Capital Property Trust (TSX:FCD.UN) Headlines

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