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GLP J-REIT (TSE:3281) Shiller PE Ratio : 26.37 (As of May. 27, 2024)


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What is GLP J-REIT Shiller PE Ratio?

As of today (2024-05-27), GLP J-REIT's current share price is 円131300.00. GLP J-REIT's E10 for the fiscal year that ended in Aug23 was 円4,978.56. GLP J-REIT's Shiller PE Ratio for today is 26.37.

The historical rank and industry rank for GLP J-REIT's Shiller PE Ratio or its related term are showing as below:

TSE:3281' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.58   Med: 29.7   Max: 35.07
Current: 26.37

During the past 11 years, GLP J-REIT's highest Shiller PE Ratio was 35.07. The lowest was 23.58. And the median was 29.70.

TSE:3281's Shiller PE Ratio is ranked worse than
81.35% of 445 companies
in the REITs industry
Industry Median: 11.43 vs TSE:3281: 26.37

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.

GLP J-REIT's adjusted earnings per share data of for the fiscal year that ended in Aug23 was 円5,729.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円4,978.56 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


GLP J-REIT Shiller PE Ratio Historical Data

The historical data trend for GLP J-REIT'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.

GLP J-REIT Shiller PE Ratio Chart

GLP J-REIT 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 - - - 35.79 27.58

GLP J-REIT 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 - 35.79 - 27.58 -

Competitive Comparison of GLP J-REIT's Shiller PE Ratio

For the REIT - Industrial subindustry, GLP J-REIT'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.


GLP J-REIT's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, GLP J-REIT's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where GLP J-REIT's Shiller PE Ratio falls into.



GLP J-REIT 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.

GLP J-REIT's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=131300.00/4978.56
=26.37

* 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.

GLP J-REIT's E10 for the fiscal year that ended in Aug23 is calculated as:

For example, GLP J-REIT'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)
=5729.59/105.9000*105.9000
=5,729.590

Current CPI (Aug23) = 105.9000.

GLP J-REIT Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201408 3,866.780 98.300 4,165.738
201508 3,909.000 98.400 4,206.942
201608 4,091.000 97.900 4,425.300
201708 4,448.000 98.500 4,782.164
201808 4,574.000 99.800 4,853.573
201908 4,868.460 100.000 5,155.699
202008 4,810.830 100.100 5,089.579
202108 5,311.370 99.700 5,641.666
202208 5,562.030 102.700 5,735.336
202308 5,729.590 105.900 5,729.590

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.


GLP J-REIT  (TSE:3281) 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.


GLP J-REIT Shiller PE Ratio Related Terms

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GLP J-REIT (TSE:3281) Business Description

Traded in Other Exchanges
N/A
Address
Shiodome City Center, 1-5-2, Higashi-Shimbashi, Minato-ku, Tokyo, JPN
GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.

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