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Ichigo (TSE:2337) Shiller PE Ratio : 17.94 (As of May. 10, 2024)


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What is Ichigo Shiller PE Ratio?

As of today (2024-05-10), Ichigo's current share price is 円414.00. Ichigo's E10 for the quarter that ended in Feb. 2024 was 円23.08. Ichigo's Shiller PE Ratio for today is 17.94.

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

TSE:2337' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.73   Med: 17.22   Max: 26.22
Current: 18.24

During the past years, Ichigo's highest Shiller PE Ratio was 26.22. The lowest was 11.73. And the median was 17.22.

TSE:2337's Shiller PE Ratio is ranked worse than
71.08% of 1079 companies
in the Real Estate industry
Industry Median: 11.02 vs TSE:2337: 18.24

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.

Ichigo's adjusted earnings per share data for the three months ended in Feb. 2024 was 円5.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円23.08 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ichigo Shiller PE Ratio Historical Data

The historical data trend for Ichigo'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.

Ichigo Shiller PE Ratio Chart

Ichigo Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.85 19.96 14.34 13.88 16.89

Ichigo Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 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 13.88 11.61 13.93 15.46 16.89

Competitive Comparison of Ichigo's Shiller PE Ratio

For the Real Estate Services subindustry, Ichigo'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.


Ichigo's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Ichigo's Shiller PE Ratio falls into.



Ichigo 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.

Ichigo's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=414.00/23.08
=17.94

* 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.

Ichigo's E10 for the quarter that ended in Feb. 2024 is calculated as:

For example, Ichigo's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=5.68/106.9000*106.9000
=5.680

Current CPI (Feb. 2024) = 106.9000.

Ichigo Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 3.710 98.100 4.043
201408 1.250 98.300 1.359
201411 2.140 97.900 2.337
201502 6.370 97.600 6.977
201505 4.720 98.700 5.112
201508 3.670 98.400 3.987
201511 14.670 98.100 15.986
201602 2.640 97.800 2.886
201605 11.080 98.200 12.062
201608 12.600 97.900 13.758
201611 1.790 98.600 1.941
201702 4.090 98.100 4.457
201705 4.450 98.600 4.825
201708 13.280 98.500 14.413
201711 4.160 99.100 4.487
201802 6.200 99.500 6.661
201805 7.140 99.300 7.686
201808 4.150 99.800 4.445
201811 13.290 100.000 14.207
201902 6.550 99.700 7.023
201905 9.760 100.000 10.433
201908 7.880 100.000 8.424
201911 13.460 100.500 14.317
202002 -14.200 100.300 -15.134
202005 4.490 100.100 4.795
202008 1.270 100.100 1.356
202011 3.100 99.500 3.331
202102 1.614 99.800 1.729
202105 3.280 99.400 3.527
202108 0.400 99.700 0.429
202111 0.510 100.100 0.545
202202 9.610 100.700 10.202
202205 3.290 101.800 3.455
202208 4.090 102.700 4.257
202211 11.020 103.900 11.338
202302 2.071 104.000 2.129
202305 3.210 105.100 3.265
202308 15.550 105.900 15.697
202311 2.420 106.900 2.420
202402 5.680 106.900 5.680

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.


Ichigo  (TSE:2337) 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.


Ichigo Shiller PE Ratio Related Terms

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


Ichigo (TSE:2337) Business Description

Traded in Other Exchanges
Address
17F, The Imperial Hotel Tower, 1-1-1, Uchisaiwai-cho, Chiyoda-k, Tokyo, JPN, 100-0011
Ichigo Inc is a Japanese real estate owner and operator, and clean energy producer. It manages several real estate investment trusts and operates solar plants across Japan. REIT opportunities include midsize hotel and office properties. Revenue is generated through fees via the management of the Ichigo REIT and private funds, and other fee-generating real estate services related to sourcing, financing, operation, property management, facility management, and disposition of real estate assets. Additional income is generated through the sale of properties and rental income. Clean Energy services involve the production of mega solar power.

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