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Land Business Co (TSE:8944) Shiller PE Ratio : 7.40 (As of Dec. 04, 2024)


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What is Land Business Co Shiller PE Ratio?

As of today (2024-12-04), Land Business Co's current share price is 円201.00. Land Business Co's E10 for the quarter that ended in Mar. 2024 was 円27.17. Land Business Co's Shiller PE Ratio for today is 7.40.

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

TSE:8944' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.75   Med: 10.75   Max: 36.11
Current: 7.21

During the past years, Land Business Co's highest Shiller PE Ratio was 36.11. The lowest was 6.75. And the median was 10.75.

TSE:8944's Shiller PE Ratio is ranked better than
68.98% of 1025 companies
in the Real Estate industry
Industry Median: 11.84 vs TSE:8944: 7.21

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.

Land Business Co's adjusted earnings per share data for the three months ended in Mar. 2024 was 円-16.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円27.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Land Business Co Shiller PE Ratio Historical Data

The historical data trend for Land Business Co'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.

Land Business Co Shiller PE Ratio Chart

Land Business Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.39 14.99 10.71 8.38 11.89

Land Business Co 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 8.76 9.30 11.89 9.14 10.38

Competitive Comparison of Land Business Co's Shiller PE Ratio

For the Real Estate Services subindustry, Land Business Co'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.


Land Business Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Land Business Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Land Business Co's Shiller PE Ratio falls into.



Land Business Co 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.

Land Business Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=201.00/27.17
=7.40

* 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.

Land Business Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Land Business Co'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)
=-16.22/107.2000*107.2000
=-16.220

Current CPI (Mar. 2024) = 107.2000.

Land Business Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.890 98.000 2.067
201409 104.014 98.500 113.201
201412 2.060 97.900 2.256
201503 3.450 97.900 3.778
201506 3.844 98.400 4.188
201509 2.940 98.500 3.200
201512 2.470 98.100 2.699
201603 6.189 97.900 6.777
201606 3.176 98.100 3.471
201609 3.730 98.000 4.080
201612 4.060 98.400 4.423
201703 6.248 98.100 6.828
201706 4.920 98.500 5.355
201709 4.540 98.800 4.926
201712 3.320 99.400 3.581
201803 4.520 99.200 4.885
201806 4.961 99.200 5.361
201809 5.320 99.900 5.709
201812 4.060 99.700 4.365
201903 5.060 99.700 5.441
201906 5.226 99.800 5.613
201909 2.436 100.100 2.609
201912 2.520 100.500 2.688
202003 7.630 100.300 8.155
202006 5.000 99.900 5.365
202009 3.572 99.900 3.833
202012 1.080 99.300 1.166
202103 0.086 99.900 0.092
202106 2.820 99.500 3.038
202109 11.890 100.100 12.733
202112 -0.450 100.100 -0.482
202203 -2.381 101.100 -2.525
202206 -1.880 101.800 -1.980
202209 18.155 103.100 18.877
202212 -22.010 104.100 -22.665
202303 35.324 104.400 36.271
202306 10.119 105.200 10.311
202309 -5.830 106.200 -5.885
202312 14.080 106.800 14.133
202403 -16.220 107.200 -16.220

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.


Land Business Co  (TSE:8944) 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.


Land Business Co Shiller PE Ratio Related Terms

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Land Business Co Business Description

Traded in Other Exchanges
N/A
Address
Kasumigaseki Building 30th Floor, Kasumigaseki 3-2-5, Chiyoda-ku, Tokyo, JPN
Land Business Co Ltd is a real estate services company based in Japan. The company operates through two segments: Real Estate Investment business and Design and Construction business. In the Real Estate Investment business, the company acquires land, inject the know-how, cultivated in the design and build office buildings. The Design and Construction business consists of design supervision business, building and consulting business to support real estate owners.

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