GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Starts Proceed Investment Corp (TSE:8979) » Definitions » Shiller PE Ratio

Starts Proceed Investment (TSE:8979) Shiller PE Ratio : 21.90 (As of May. 17, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Starts Proceed Investment Shiller PE Ratio?

As of today (2024-05-17), Starts Proceed Investment's current share price is 円208000.00. Starts Proceed Investment's E10 for the fiscal year that ended in Oct22 was 円9,496.89. Starts Proceed Investment's Shiller PE Ratio for today is 21.90.

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

TSE:8979' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.27   Med: 23.4   Max: 29.59
Current: 22

During the past 13 years, Starts Proceed Investment's highest Shiller PE Ratio was 29.59. The lowest was 17.27. And the median was 23.40.

TSE:8979's Shiller PE Ratio is ranked worse than
73.71% of 445 companies
in the REITs industry
Industry Median: 11.58 vs TSE:8979: 22.00

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.

Starts Proceed Investment's adjusted earnings per share data of for the fiscal year that ended in Oct22 was 円9,845.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円9,496.89 for the trailing ten years ended in Oct22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starts Proceed Investment Shiller PE Ratio Historical Data

The historical data trend for Starts Proceed 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.

Starts Proceed Investment Shiller PE Ratio Chart

Starts Proceed Investment Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.35 24.84 22.37 26.53 24.97

Starts Proceed Investment Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 - 26.53 - 24.97 -

Competitive Comparison of Starts Proceed Investment's Shiller PE Ratio

For the REIT - Residential subindustry, Starts Proceed 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.


Starts Proceed Investment's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Starts Proceed Investment's Shiller PE Ratio falls into.



Starts Proceed 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.

Starts Proceed Investment's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=208000.00/9496.89
=21.90

* 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.

Starts Proceed Investment's E10 for the fiscal year that ended in Oct22 is calculated as:

For example, Starts Proceed Investment's adjusted earnings per share data for the fiscal year that ended in Oct22 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Oct22 (Change)*Current CPI (Oct22)
=9845.14/103.7000*103.7000
=9,845.140

Current CPI (Oct22) = 103.7000.

Starts Proceed Investment Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201310 7,836.000 95.500 8,508.829
201410 7,777.000 98.200 8,212.575
201510 8,227.000 98.500 8,661.319
201610 8,307.000 98.600 8,736.672
201710 9,559.000 98.800 10,033.080
201810 9,055.020 100.200 9,371.313
201910 9,126.300 100.400 9,426.268
202010 12,123.200 99.800 12,596.952
202110 9,225.830 99.900 9,576.762
202210 9,845.140 103.700 9,845.140

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.


Starts Proceed Investment  (TSE:8979) 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.


Starts Proceed Investment Shiller PE Ratio Related Terms

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


Starts Proceed Investment (TSE:8979) Business Description

Traded in Other Exchanges
N/A
Address
3-2-9 Nihonbashi, Chuo-ku, Tokyo, JPN
Starts Proceed Investment Corp operates as a REIT in Japan. The Company invests in lease real estate properties, short-term leasing apartments, and special feature business hotel.

Starts Proceed Investment (TSE:8979) Headlines

No Headlines