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Daiwa Office Investment (TSE:8976) Price-to-Owner-Earnings : 40.80 (As of May. 13, 2024)


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What is Daiwa Office Investment Price-to-Owner-Earnings?

As of today (2024-05-13), Daiwa Office Investment's share price is 円583000.00. Daiwa Office Investment's Owner Earnings per Share (TTM) ended in Nov. 2022 was 円14288.45. It's Price-to-Owner-Earnings for today is 40.80.


The historical rank and industry rank for Daiwa Office Investment's Price-to-Owner-Earnings or its related term are showing as below:

TSE:8976' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 5.69   Med: 43.04   Max: 222.2
Current: 40.73

During the past 13 years, the highest Price-to-Owner-Earnings of Daiwa Office Investment was 222.20. The lowest was 5.69. And the median was 43.04.


TSE:8976's Price-to-Owner-Earnings is ranked worse than
86.48% of 244 companies
in the REITs industry
Industry Median: 14.26 vs TSE:8976: 40.73

As of today (2024-05-13), Daiwa Office Investment's share price is 円583000.00. Daiwa Office Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2023 was 円27,792.30. Therefore, Daiwa Office Investment's PE Ratio for today is 20.98.

As of today (2024-05-13), Daiwa Office Investment's share price is 円583000.00. Daiwa Office Investment's EPS without NRI for the trailing twelve months (TTM) ended in was 円27,792.38. Therefore, Daiwa Office Investment's PE Ratio without NRI for today is 20.98.

During the past 13 years, Daiwa Office Investment's highest PE Ratio without NRI was 46.02. The lowest was 16.67. And the median was 28.63.


Daiwa Office Investment Price-to-Owner-Earnings Historical Data

The historical data trend for Daiwa Office Investment's Price-to-Owner-Earnings 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 Office Investment Price-to-Owner-Earnings Chart

Daiwa Office Investment Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.92 46.96 165.34 67.65 47.38

Daiwa Office Investment Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Price-to-Owner-Earnings 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 67.65 - 47.38 - -

Competitive Comparison of Daiwa Office Investment's Price-to-Owner-Earnings

For the REIT - Office subindustry, Daiwa Office Investment's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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 Office Investment's Price-to-Owner-Earnings Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Daiwa Office Investment's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Daiwa Office Investment's Price-to-Owner-Earnings falls into.



Daiwa Office Investment Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Daiwa Office Investment's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=583000.00/14288.45
=40.80

* 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 Office Investment  (TSE:8976) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Daiwa Office Investment Price-to-Owner-Earnings Related Terms

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Daiwa Office Investment (TSE:8976) Business Description

Traded in Other Exchanges
N/A
Address
6-2-1 Ginza, Chuo-ku, Tokyo, JPN
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.

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