GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Global One Real Estate Investment Corp (TSE:8958) » Definitions » Shiller PE Ratio

Global One Real Estate Investment (TSE:8958) Shiller PE Ratio : 22.30 (As of May. 14, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Global One Real Estate Investment Shiller PE Ratio?

As of today (2024-05-14), Global One Real Estate Investment's current share price is 円105800.00. Global One Real Estate Investment's E10 for the fiscal year that ended in Sep23 was 円4,744.08. Global One Real Estate Investment's Shiller PE Ratio for today is 22.30.

The historical rank and industry rank for Global One Real Estate Investment's Shiller PE Ratio or its related term are showing as below:

TSE:8958' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.18   Med: 26.44   Max: 38.53
Current: 22.13

During the past 13 years, Global One Real Estate Investment's highest Shiller PE Ratio was 38.53. The lowest was 17.18. And the median was 26.44.

TSE:8958's Shiller PE Ratio is ranked worse than
74.16% of 445 companies
in the REITs industry
Industry Median: 11.58 vs TSE:8958: 22.13

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.

Global One Real Estate Investment's adjusted earnings per share data of for the fiscal year that ended in Sep23 was 円6,214.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円4,744.08 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global One Real Estate Investment Shiller PE Ratio Historical Data

The historical data trend for Global One Real Estate 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.

Global One Real Estate Investment Shiller PE Ratio Chart

Global One Real Estate Investment Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.24 25.70 28.11 25.17 24.20

Global One Real Estate Investment Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 28.11 - 25.17 - 24.20

Competitive Comparison of Global One Real Estate Investment's Shiller PE Ratio

For the REIT - Office subindustry, Global One Real Estate 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.


Global One Real Estate Investment's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Global One Real Estate Investment's Shiller PE Ratio falls into.



Global One Real Estate 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.

Global One Real Estate Investment's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=105800.00/4744.08
=22.30

* 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.

Global One Real Estate Investment's E10 for the fiscal year that ended in Sep23 is calculated as:

For example, Global One Real Estate Investment's adjusted earnings per share data for the fiscal year that ended in Sep23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep23 (Change)*Current CPI (Sep23)
=6214.33/106.2000*106.2000
=6,214.330

Current CPI (Sep23) = 106.2000.

Global One Real Estate Investment Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 4,195.500 98.500 4,523.473
201509 3,887.000 98.500 4,190.857
201609 3,226.500 98.000 3,496.472
201709 3,867.500 98.800 4,157.171
201809 4,163.000 99.900 4,425.532
201909 4,921.000 100.100 5,220.881
202009 4,802.240 99.900 5,105.084
202109 4,890.880 100.100 5,188.926
202209 4,774.510 103.100 4,918.069
202309 6,214.330 106.200 6,214.330

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.


Global One Real Estate Investment  (TSE:8958) 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.


Global One Real Estate Investment Shiller PE Ratio Related Terms

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


Global One Real Estate Investment (TSE:8958) Business Description

Traded in Other Exchanges
N/A
Address
4-1, Kojimachi, Chiyoda-ku, Tokyo, JPN
Global One Real Estate Investment Corp is a real estate investment company based in Japan. It invests in the properties from long-term standpoint and properties that continue to boost demand for a certain period after the acquisition. The company selects investment properties with following criteria: easy accessibility from train stations, newly built and large buildings with extensive office space. It mainly invests in class-A office buildings in the Tokyo metropolitan area, the Chubu area and the Kinki area of Japan.

Global One Real Estate Investment (TSE:8958) Headlines

No Headlines