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Altarea SCA (XPAR:ALTA) Shiller PE Ratio : 8.55 (As of May. 04, 2024)


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What is Altarea SCA Shiller PE Ratio?

As of today (2024-05-04), Altarea SCA's current share price is €94.60. Altarea SCA's E10 for the fiscal year that ended in Dec22 was €11.07. Altarea SCA's Shiller PE Ratio for today is 8.55.

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

XPAR:ALTA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.03   Med: 18.23   Max: 63.7
Current: 7.2

During the past 13 years, Altarea SCA's highest Shiller PE Ratio was 63.70. The lowest was 6.03. And the median was 18.23.

XPAR:ALTA's Shiller PE Ratio is ranked better than
75.22% of 448 companies
in the REITs industry
Industry Median: 11.495 vs XPAR:ALTA: 7.20

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.

Altarea SCA's adjusted earnings per share data of for the fiscal year that ended in Dec22 was €15.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €11.07 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altarea SCA Shiller PE Ratio Historical Data

The historical data trend for Altarea SCA'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.

Altarea SCA Shiller PE Ratio Chart

Altarea SCA 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 16.04 15.49 17.62 11.40 -

Altarea SCA Semi-Annual Data
Jun14 Dec14 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 Premium Member Only 17.62 - 11.40 - -

Competitive Comparison of Altarea SCA's Shiller PE Ratio

For the REIT - Residential subindustry, Altarea SCA'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.


Altarea SCA's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Altarea SCA's Shiller PE Ratio falls into.



Altarea SCA 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.

Altarea SCA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=94.60/11.07
=8.55

* 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.

Altarea SCA's E10 for the fiscal year that ended in Dec22 is calculated as:

For example, Altarea SCA's adjusted earnings per share data for the fiscal year that ended in Dec22 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec22 (Change)*Current CPI (Dec22)
=15.83/114.1600*114.1600
=15.830

Current CPI (Dec22) = 114.1600.

Altarea SCA Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 12.485 99.800 14.281
201412 9.090 99.860 10.392
201512 8.319 100.040 9.493
201612 11.587 100.650 13.142
201712 20.179 101.850 22.618
201812 15.381 103.470 16.970
201912 13.908 104.980 15.124
202012 -17.780 104.960 -19.338
202112 11.490 107.850 12.162
202212 15.830 114.160 15.830

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.


Altarea SCA  (XPAR:ALTA) 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.


Altarea SCA Shiller PE Ratio Related Terms

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Altarea SCA (XPAR:ALTA) Business Description

Traded in Other Exchanges
Address
8 avenue Delcasse, Paris, FRA, 75008
Altarea SCA is a real estate investment trust primarily engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. The company's entry-level and midrange residential apartment properties generate most of this income. In terms of geography, the vast majority of Altarea's revenue comes from its holdings in France's major urban areas, such as the Greater Paris region.

Altarea SCA (XPAR:ALTA) Headlines

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