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Grandy House (TSE:8999) Shiller PE Ratio : 8.98 (As of Jun. 04, 2024)


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What is Grandy House Shiller PE Ratio?

As of today (2024-06-04), Grandy House's current share price is 円578.00. Grandy House's E10 for the quarter that ended in Dec. 2023 was 円64.37. Grandy House's Shiller PE Ratio for today is 8.98.

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

TSE:8999' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.42   Med: 8.53   Max: 10.76
Current: 9.04

During the past years, Grandy House's highest Shiller PE Ratio was 10.76. The lowest was 5.42. And the median was 8.53.

TSE:8999's Shiller PE Ratio is ranked better than
57.61% of 1078 companies
in the Real Estate industry
Industry Median: 11.005 vs TSE:8999: 9.04

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.

Grandy House's adjusted earnings per share data for the three months ended in Dec. 2023 was 円2.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円64.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grandy House Shiller PE Ratio Historical Data

The historical data trend for Grandy House'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.

Grandy House Shiller PE Ratio Chart

Grandy House Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.80 6.64 8.49 8.30 8.17

Grandy House Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.30 8.17 8.77 9.74 9.54

Competitive Comparison of Grandy House's Shiller PE Ratio

For the Real Estate Services subindustry, Grandy House'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.


Grandy House's Shiller PE Ratio Distribution in the Real Estate Industry

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

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



Grandy House 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.

Grandy House's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=578.00/64.37
=8.98

* 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.

Grandy House's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Grandy House's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.26/106.8000*106.8000
=2.260

Current CPI (Dec. 2023) = 106.8000.

Grandy House Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 12.635 95.700 14.101
201406 9.440 98.000 10.288
201409 12.820 98.500 13.900
201412 13.650 97.900 14.891
201503 18.560 97.900 20.247
201506 15.260 98.400 16.563
201509 15.810 98.500 17.142
201512 16.369 98.100 17.821
201603 12.757 97.900 13.917
201606 19.380 98.100 21.099
201609 16.240 98.000 17.698
201612 13.537 98.400 14.693
201703 11.450 98.100 12.465
201706 12.780 98.500 13.857
201709 19.190 98.800 20.744
201712 12.050 99.400 12.947
201803 18.570 99.200 19.993
201806 10.010 99.200 10.777
201809 18.320 99.900 19.585
201812 20.700 99.700 22.174
201903 21.640 99.700 23.181
201906 14.400 99.800 15.410
201909 15.400 100.100 16.431
201912 6.310 100.500 6.706
202003 12.150 100.300 12.937
202006 -3.840 99.900 -4.105
202009 14.830 99.900 15.854
202012 15.330 99.300 16.488
202103 32.800 99.900 35.065
202106 21.460 99.500 23.034
202109 23.700 100.100 25.286
202112 21.080 100.100 22.491
202203 21.260 101.100 22.459
202206 25.000 101.800 26.228
202209 17.660 103.100 18.294
202212 14.700 104.100 15.081
202303 16.630 104.400 17.012
202306 3.660 105.200 3.716
202309 4.960 106.200 4.988
202312 2.260 106.800 2.260

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.


Grandy House  (TSE:8999) 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.


Grandy House Shiller PE Ratio Related Terms

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Grandy House (TSE:8999) Business Description

Traded in Other Exchanges
N/A
Address
4-3-18, Odori, Tochigi Prefecture, UTSUNOMIYA, JPN, 3320-081
Grandy House Corp is a real estate company based in Japan. The company's three reportable segments are classified as Real Estate Sales, Construction Material Sales, and Real Estate Leasing. The Real Estate Sales business includes sales of new homes including building contract and sale of land and existing homes and home renovation. The Construction Material Sales business comprises of production and sale of pre-cut materials for housing and sale of construction materials and home facilities and equipment. In the Real Estate Leasing business, activities comprise the leasing of office, homes, related properties, and parking facilities.

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