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Urban Edge Properties (Urban Edge Properties) Shiller PE Ratio : 17.00 (As of May. 05, 2024)


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What is Urban Edge Properties Shiller PE Ratio?

As of today (2024-05-05), Urban Edge Properties's current share price is $17.00. Urban Edge Properties's E10 for the quarter that ended in Dec. 2023 was $1.00. Urban Edge Properties's Shiller PE Ratio for today is 17.00.

The historical rank and industry rank for Urban Edge Properties's Shiller PE Ratio or its related term are showing as below:

UE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.59   Med: 17.49   Max: 22.85
Current: 17.01

During the past years, Urban Edge Properties's highest Shiller PE Ratio was 22.85. The lowest was 14.59. And the median was 17.49.

UE's Shiller PE Ratio is ranked worse than
64.29% of 448 companies
in the REITs industry
Industry Median: 11.495 vs UE: 17.01

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.

Urban Edge Properties's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.880. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Urban Edge Properties Shiller PE Ratio Historical Data

The historical data trend for Urban Edge Properties'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.

Urban Edge Properties Shiller PE Ratio Chart

Urban Edge Properties 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 - - - 15.62 18.31

Urban Edge Properties 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 15.62 18.87 19.44 18.83 18.31

Competitive Comparison of Urban Edge Properties's Shiller PE Ratio

For the REIT - Retail subindustry, Urban Edge Properties'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.


Urban Edge Properties's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Urban Edge Properties's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Urban Edge Properties's Shiller PE Ratio falls into.



Urban Edge Properties 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.

Urban Edge Properties's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=17.00/1
=17.00

* 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.

Urban Edge Properties's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Urban Edge Properties'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)
=1.88/129.4194*129.4194
=1.880

Current CPI (Dec. 2023) = 129.4194.

Urban Edge Properties Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.180 99.695 0.234
201406 0.182 100.560 0.234
201409 0.137 100.428 0.177
201412 0.163 99.070 0.213
201503 -0.120 99.621 -0.156
201506 0.160 100.684 0.206
201509 0.190 100.392 0.245
201512 0.150 99.792 0.195
201603 0.190 100.470 0.245
201606 0.340 101.688 0.433
201609 0.190 101.861 0.241
201612 0.190 101.863 0.241
201703 0.500 102.862 0.629
201706 0.130 103.349 0.163
201709 0.150 104.136 0.186
201712 -0.130 104.011 -0.162
201803 0.180 105.290 0.221
201806 0.470 106.317 0.572
201809 0.210 106.507 0.255
201812 0.060 105.998 0.073
201903 0.220 107.251 0.265
201906 0.220 108.070 0.263
201909 0.450 108.329 0.538
201912 0.030 108.420 0.036
202003 0.400 108.902 0.475
202006 0.270 108.767 0.321
202009 -0.050 109.815 -0.059
202012 0.160 109.897 0.188
202103 0.170 111.754 0.197
202106 0.110 114.631 0.124
202109 0.240 115.734 0.268
202112 0.360 117.630 0.396
202203 0.080 121.301 0.085
202206 0.100 125.017 0.104
202209 0.100 125.227 0.103
202212 0.120 125.222 0.124
202303 -0.160 127.348 -0.163
202306 0.090 128.729 0.090
202309 0.310 129.860 0.309
202312 1.880 129.419 1.880

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.


Urban Edge Properties  (NYSE:UE) 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.


Urban Edge Properties Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Urban Edge Properties's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Urban Edge Properties (Urban Edge Properties) Business Description

Traded in Other Exchanges
N/A
Address
888 Seventh Avenue, New York, NY, USA, 10019
Urban Edge Properties is a real estate investment trust principally focused on the management and development of retail real estate properties in urban communities in the U.S. Having originally been created to hold the majority of Vornado Realty Trust's shopping center businesses, Urban Edge's asset portfolio is mostly composed of shopping centers and malls in terms of total square footage. The company's holdings include necessity and convenience-oriented retailers, such as department stores, grocers, health clubs, and restaurants. Urban Edge's properties are mainly located in the New York City metropolitan region and within the DC to Boston corridor. The company generates nearly all of its revenue through the collection of rent from a large number of tenants.
Executives
Catherine Rice director 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Milton Robert C. Iii officer: General Counsel and Secretary C/O CIFC CORP., 250 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10177
Jeffrey Mooallem officer: Chief Operating Officer 3 SERRAMONTE CENTER, DALY CITY CA 94015
Andrea Rosenthal Drazin officer: Chief Accounting Officer 849 BRADFORD AVENUE, WESTFIELD NJ 07090
Katherine M Sandstrom director 4600 SOUTH SYRACUSE STREET, SUITE 500, DENVER CO 80237
Mary Baglivo director C/O SAATCHI & SAATCHI, 17 HUDSON STREET, NEW YORK NY 10014
Norman K. Jenkins director 9211 GLADYS FARM WAY, GAITHERSBURG MD 20882
Susan Givens director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Herbert Eilberg officer: Chief Investment Officer C/O URBAN EDGE PROPERTIES, 888 7TH AVENUE, 6TH FLOOR, NEW YORK NY 10019
Vita Danielle De officer: EVP of Development 45 WOOTTON ROAD, ESSEX FELLS NJ 07021
Douglas William Sesler director 54 NORTHWAY, BRONXVILLE NY 10708
Steven Roth director
Christopher Weilminster officer: Chief Operating Officer C/O URBAN EDGE PROPERTIES, 888 7TH AVENUE, 6TH FLOOR, NEW YORK NY 10019
Briggs Donald Ten Eyck officer: President of Development 78 BLANCHARD RD., BURLINGTON MA 01803
Bernard Schachter officer: EVP - Asset Management C/O URBAN EDGE PROPERTIES, 210 ROUTE 4 EAST, PARAMUS NJ 07652