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Daiwa House REIT Investment (TSE:8984) Shiller PE Ratio : 28.48 (As of May. 13, 2024)


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What is Daiwa House REIT Investment Shiller PE Ratio?

As of today (2024-05-13), Daiwa House REIT Investment's current share price is 円263900.00. Daiwa House REIT Investment's E10 for the fiscal year that ended in Aug23 was 円9,264.84. Daiwa House REIT Investment's Shiller PE Ratio for today is 28.48.

The historical rank and industry rank for Daiwa House REIT Investment's Shiller PE Ratio or its related term are showing as below:

TSE:8984' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.33   Med: 32.94   Max: 40.94
Current: 28.48

During the past 13 years, Daiwa House REIT Investment's highest Shiller PE Ratio was 40.94. The lowest was 21.33. And the median was 32.94.

TSE:8984's Shiller PE Ratio is ranked worse than
82.92% of 445 companies
in the REITs industry
Industry Median: 11.58 vs TSE:8984: 28.48

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.

Daiwa House REIT Investment's adjusted earnings per share data of for the fiscal year that ended in Aug23 was 円9,632.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円9,264.84 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daiwa House REIT Investment Shiller PE Ratio Historical Data

The historical data trend for Daiwa House REIT Investment'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.

Daiwa House REIT Investment Shiller PE Ratio Chart

Daiwa House REIT Investment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.02 32.42 38.24 36.15 29.81

Daiwa House REIT Investment Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - 36.15 - 29.81 -

Competitive Comparison of Daiwa House REIT Investment's Shiller PE Ratio

For the REIT - Diversified subindustry, Daiwa House REIT Investment'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.


Daiwa House REIT Investment's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Daiwa House REIT Investment's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Daiwa House REIT Investment's Shiller PE Ratio falls into.



Daiwa House REIT Investment 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.

Daiwa House REIT Investment's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=263900.00/9264.84
=28.48

* 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.

Daiwa House REIT Investment's E10 for the fiscal year that ended in Aug23 is calculated as:

For example, Daiwa House REIT Investment's adjusted earnings per share data for the fiscal year that ended in Aug23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Aug23 (Change)*Current CPI (Aug23)
=9632.83/105.9000*105.9000
=9,632.830

Current CPI (Aug23) = 105.9000.

Daiwa House REIT Investment Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201408 7,806.500 98.300 8,410.054
201508 8,326.000 98.400 8,960.604
201608 8,545.000 97.900 9,243.264
201708 7,117.000 98.500 7,651.678
201808 8,300.980 99.800 8,808.355
201908 8,880.160 100.000 9,404.089
202008 8,924.000 100.100 9,441.075
202108 10,345.300 99.700 10,988.639
202208 9,802.360 102.700 10,107.789
202308 9,632.830 105.900 9,632.830

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.


Daiwa House REIT Investment  (TSE:8984) 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.


Daiwa House REIT Investment Shiller PE Ratio Related Terms

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Daiwa House REIT Investment (TSE:8984) Business Description

Traded in Other Exchanges
N/A
Address
2-4-8, Nagatacho, 7th Floor, Nissei Nagatacho Building, Chiyoda-ku, Tokyo, JPN, 100-0014
Daiwa House REIT Investment Corp is a diversified real estate investment trust which invests in real estate properties. Its core assets are logistics properties, residential properties, retail properties, and hotels. It invests mainly in three metropolitan areas the greater Tokyo area, the greater Nagoya area, and the greater Osaka area. The firm's portfolio consists of assets with various risk-return profiles. It generates revenue from rental activity on a straight-line accrual basis over the life of each lease contract. The company operates only in Japan.

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