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Japan Metropolitan Fund Investment (TSE:8953) Shiller PE Ratio : 21.49 (As of May. 04, 2024)


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What is Japan Metropolitan Fund Investment Shiller PE Ratio?

As of today (2024-05-04), Japan Metropolitan Fund Investment's current share price is 円96600.00. Japan Metropolitan Fund Investment's E10 for the fiscal year that ended in Aug22 was 円4,494.79. Japan Metropolitan Fund Investment's Shiller PE Ratio for today is 21.49.

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

TSE:8953' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.46   Med: 25.49   Max: 33.22
Current: 21.02

During the past 13 years, Japan Metropolitan Fund Investment's highest Shiller PE Ratio was 33.22. The lowest was 11.46. And the median was 25.49.

TSE:8953's Shiller PE Ratio is ranked worse than
70.98% of 448 companies
in the REITs industry
Industry Median: 11.495 vs TSE:8953: 21.02

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.

Japan Metropolitan Fund Investment's adjusted earnings per share data of for the fiscal year that ended in Aug22 was 円4,671.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円4,494.79 for the trailing ten years ended in Aug22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Metropolitan Fund Investment Shiller PE Ratio Historical Data

The historical data trend for Japan Metropolitan Fund Investment'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.

Japan Metropolitan Fund Investment Shiller PE Ratio Chart

Japan Metropolitan Fund Investment Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.97 24.94 19.26 25.58 24.61

Japan Metropolitan Fund Investment 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 - 24.61 - 21.01 -

Competitive Comparison of Japan Metropolitan Fund Investment's Shiller PE Ratio

For the REIT - Retail subindustry, Japan Metropolitan Fund Investment'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.


Japan Metropolitan Fund Investment's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Japan Metropolitan Fund Investment's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Japan Metropolitan Fund Investment's Shiller PE Ratio falls into.



Japan Metropolitan Fund Investment 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.

Japan Metropolitan Fund Investment's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=96600.00/4494.79
=21.49

* 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.

Japan Metropolitan Fund Investment's E10 for the fiscal year that ended in Aug22 is calculated as:

For example, Japan Metropolitan Fund Investment's adjusted earnings per share data for the fiscal year that ended in Aug22 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Aug22 (Change)*Current CPI (Aug22)
=4671.12/102.7000*102.7000
=4,671.120

Current CPI (Aug22) = 102.7000.

Japan Metropolitan Fund Investment Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201308 3,930.000 95.100 4,244.069
201408 4,072.010 98.300 4,254.277
201508 4,192.000 98.400 4,375.187
201608 4,225.000 97.900 4,432.150
201708 4,272.500 98.500 4,454.678
201808 4,420.000 99.800 4,548.437
201908 4,568.330 100.000 4,691.675
202008 4,786.520 100.100 4,910.845
202108 4,237.950 99.700 4,365.471
202208 4,671.120 102.700 4,671.120

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.


Japan Metropolitan Fund Investment  (TSE:8953) 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.


Japan Metropolitan Fund Investment Shiller PE Ratio Related Terms

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Japan Metropolitan Fund Investment (TSE:8953) Business Description

Traded in Other Exchanges
Address
Marunouchi 2-chome, Tokyo Building 7-3, Chiyoda-ku, Tokyo, JPN, 100-6420
Japan Metropolitan Fund Investment Corp is a Japanese real estate investment trust that specialises in retail properties. The company principally generates revenue from leasing properties to tenants, which include supermarkets, clothing and accessory stores, cosmetic shops, general merchandise stores, and entertainment venues. The company's properties are located domestically in urban and suburban areas, with approximately half in the Greater Tokyo metropolitan area and the remaining in Osaka, Nagoya and surrounding areas, and other major cities.

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