GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sumitomo Realty & Development Co Ltd (TSE:8830) » Definitions » Shiller PE Ratio

Sumitomo Realty & Development Co (TSE:8830) Shiller PE Ratio : 18.94 (As of Apr. 28, 2024)


View and export this data going back to 1970. Start your Free Trial

What is Sumitomo Realty & Development Co Shiller PE Ratio?

As of today (2024-04-28), Sumitomo Realty & Development Co's current share price is 円5391.00. Sumitomo Realty & Development Co's E10 for the quarter that ended in Dec. 2023 was 円284.67. Sumitomo Realty & Development Co's Shiller PE Ratio for today is 18.94.

The historical rank and industry rank for Sumitomo Realty & Development Co's Shiller PE Ratio or its related term are showing as below:

TSE:8830' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.15   Med: 18.46   Max: 27.65
Current: 18.94

During the past years, Sumitomo Realty & Development Co's highest Shiller PE Ratio was 27.65. The lowest was 11.15. And the median was 18.46.

TSE:8830's Shiller PE Ratio is ranked worse than
74.35% of 1076 companies
in the Real Estate industry
Industry Median: 10.675 vs TSE:8830: 18.94

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.

Sumitomo Realty & Development Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円83.699. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円284.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sumitomo Realty & Development Co Shiller PE Ratio Historical Data

The historical data trend for Sumitomo Realty & Development 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.

Sumitomo Realty & Development Co Shiller PE Ratio Chart

Sumitomo Realty & Development Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.47 13.70 18.53 14.48 11.36

Sumitomo Realty & Development Co 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 12.08 11.36 13.09 13.90 14.73

Competitive Comparison of Sumitomo Realty & Development Co's Shiller PE Ratio

For the Real Estate Services subindustry, Sumitomo Realty & Development 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.


Sumitomo Realty & Development Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sumitomo Realty & Development Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sumitomo Realty & Development Co's Shiller PE Ratio falls into.



Sumitomo Realty & Development 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.

Sumitomo Realty & Development Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5391.00/284.67
=18.94

* 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.

Sumitomo Realty & Development Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Sumitomo Realty & Development Co'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)
=83.699/106.8000*106.8000
=83.699

Current CPI (Dec. 2023) = 106.8000.

Sumitomo Realty & Development Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 14.525 95.700 16.210
201406 47.630 98.000 51.907
201409 32.370 98.500 35.098
201412 44.430 97.900 48.469
201503 45.546 97.900 49.687
201506 50.080 98.400 54.355
201509 49.410 98.500 53.573
201512 54.086 98.100 58.883
201603 31.650 97.900 34.527
201606 69.980 98.100 76.186
201609 54.886 98.000 59.815
201612 60.830 98.400 66.023
201703 32.640 98.100 35.535
201706 90.310 98.500 97.920
201709 65.840 98.800 71.171
201712 72.337 99.400 77.722
201803 24.129 99.200 25.978
201806 103.310 99.200 111.225
201809 65.540 99.900 70.067
201812 40.670 99.700 43.566
201903 64.989 99.700 69.617
201906 117.800 99.800 126.063
201909 78.898 100.100 84.179
201912 41.429 100.500 44.026
202003 59.370 100.300 63.218
202006 138.180 99.900 147.724
202009 66.760 99.900 71.371
202012 65.875 99.300 70.850
202103 27.508 99.900 29.408
202106 103.780 99.500 111.394
202109 88.448 100.100 94.368
202112 79.960 100.100 85.312
202203 45.259 101.100 47.811
202206 111.600 101.800 117.081
202209 86.847 103.100 89.964
202212 87.670 104.100 89.944
202303 55.535 104.400 56.812
202306 120.020 105.200 121.845
202309 103.480 106.200 104.065
202312 83.699 106.800 83.699

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.


Sumitomo Realty & Development Co  (TSE:8830) 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.


Sumitomo Realty & Development Co Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Sumitomo Realty & Development Co's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Sumitomo Realty & Development Co (TSE:8830) Business Description

Traded in Other Exchanges
Address
Shinjuku NS Building, 4-1, Nishi-Shinjuku 2-chome, Shinjuku-ku, Tokyo, JPN, 163-0820
Sumitomo Realty & Development is one of the three big Japanese real estate companies. Unlike Mitsubishi Estate in Marunouchi or Mitsui Fudosan in Nihonbashi, it did not inherit a cluster of prime properties from its prewar predecessor, so Sumitomo Realty has built up a portfolio dispersed across central Tokyo (not just in the main business districts) by opportunistically redeveloping plots of land acquired piecemeal. After office leasing, condo development is a relatively important business for Sumitomo Realty, contributing close to one fourth of its operating profit. The firm is slightly smaller than Mitsubishi Estate and Mitsui Fudosan by assets and has more financial leverage than they do.

Sumitomo Realty & Development Co (TSE:8830) Headlines

No Headlines