GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Orix Jreit Inc (TSE:8954) » Definitions » Shiller PE Ratio

Orix Jreit (TSE:8954) Shiller PE Ratio : 23.06 (As of May. 12, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Orix Jreit Shiller PE Ratio?

As of today (2024-05-12), Orix Jreit's current share price is 円166400.00. Orix Jreit's E10 for the fiscal year that ended in Aug23 was 円7,215.78. Orix Jreit's Shiller PE Ratio for today is 23.06.

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

TSE:8954' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.38   Med: 28.49   Max: 40.4
Current: 23.06

During the past 13 years, Orix Jreit's highest Shiller PE Ratio was 40.40. The lowest was 17.38. And the median was 28.49.

TSE:8954's Shiller PE Ratio is ranked worse than
76.35% of 444 companies
in the REITs industry
Industry Median: 11.51 vs TSE:8954: 23.06

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.

Orix Jreit's adjusted earnings per share data of for the fiscal year that ended in Aug23 was 円6,903.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円7,215.78 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orix Jreit Shiller PE Ratio Historical Data

The historical data trend for Orix Jreit'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.

Orix Jreit Shiller PE Ratio Chart

Orix Jreit 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 36.93 25.19 30.61 27.97 25.10

Orix Jreit 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 - 27.97 - 25.10 -

Competitive Comparison of Orix Jreit's Shiller PE Ratio

For the REIT - Office subindustry, Orix Jreit'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.


Orix Jreit's Shiller PE Ratio Distribution in the REITs Industry

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

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



Orix Jreit 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.

Orix Jreit's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=166400.00/7215.78
=23.06

* 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.

Orix Jreit's E10 for the fiscal year that ended in Aug23 is calculated as:

For example, Orix Jreit'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)
=6903.26/105.9000*105.9000
=6,903.260

Current CPI (Aug23) = 105.9000.

Orix Jreit Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201408 5,172.000 98.300 5,571.870
201508 5,998.000 98.400 6,455.165
201608 6,455.060 97.900 6,982.542
201708 6,830.480 98.500 7,343.633
201808 6,899.000 99.800 7,320.682
201908 7,006.230 100.000 7,419.598
202008 8,297.460 100.100 8,778.232
202108 7,051.810 99.700 7,490.338
202208 7,653.990 102.700 7,892.478
202308 6,903.260 105.900 6,903.260

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.


Orix Jreit  (TSE:8954) 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.


Orix Jreit Shiller PE Ratio Related Terms

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


Orix Jreit (TSE:8954) Business Description

Traded in Other Exchanges
N/A
Address
4-1, Hamamatsucho 2-chome, Minato-ku, Tokyo, JPN, 105-6135
Orix Jreit Inc is a real estate investment trust engaged in the acquisition, ownership, and leasing of properties throughout Japan. In terms of asset acquisition price, the majority of the company's real estate portfolio comprises office buildings. Retail facilities and residential properties together also make up a considerable percentage of this portfolio. Orix JREIT's real estate assets are mostly located in the Greater Tokyo area, with those in the Central Wards of Tokyo representing the largest geographic segment in terms of property acquisition price. The company derives nearly all of its income in the form of rental revenue from tenants. Finance and real estate, transportation, and retail companies are Orix JREIT's major customers.

Orix Jreit (TSE:8954) Headlines

No Headlines