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During the past 12 months, Starts Proceed Investment's average EPS without NRIGrowth Rate was -11.90% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was -0.90% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was -2.70% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 1.30% per year.
During the past 13 years, Starts Proceed Investment's highest 3-Year average EPS without NRI Growth Rate was 7.80% per year. The lowest was -8.20% per year. And the median was 2.25% per year.
Starts Proceed Investment (TSE:8979) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Starts Proceed Investment Earnings per Share (Diluted) Related Terms
Starts Proceed Investment Earnings per Share (Diluted) Historical Data
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The historical data trend for Starts Proceed Investment's Earnings per Share (Diluted) 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.
Starts Proceed Investment Earnings per Share (Diluted) Chart
TSE:8979 vs VMRK, EQR, ESS: Earnings per Share (Diluted) Comparison
For the REIT - Residential subindustry, Starts Proceed Investment's PE Ratio, along with its competitors' market caps and 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 PE Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Starts Proceed Investment's PE Ratio distribution charts can be found below:
* The bar in red indicates where Starts Proceed Investment's PE Ratio falls into.
Starts Proceed Investment Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
Starts Proceed Investment's Earnings Per Share (Diluted) for the fiscal year that ended in Oct. 2025 is calculated as
Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円8,835.10
* 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.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of 円8,835.10 mean?
Starts Proceed Investment (TSE:8979) has a Earnings per Share (Diluted) of 円8,835.10 as of Apr. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Starts Proceed Investment and its competitors. According to the industry distribution chart, Starts Proceed Investment ranks #369 out of 657 companies in the REITs industry, placing it in the top 56.2%.
Is Starts Proceed Investment's Earnings per Share (Diluted) too high?
Starts Proceed Investment's current Earnings per Share (Diluted) is 円8,835.10. Based on the distribution chart, Starts Proceed Investment ranks #369 out of 657 companies in the REITs industry, which is below the industry midpoint. Overall, Starts Proceed Investment has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Starts Proceed Investment's Earnings per Share (Diluted) compare to VMRK and EQR?
According to the REITs industry distribution chart, Starts Proceed Investment ranks #369 out of 657 companies for Earnings per Share (Diluted). This places Starts Proceed Investment in the lower half of its industry. The industry median Earnings per Share (Diluted) is 1.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a REITs company?
The median Earnings per Share (Diluted) among REITs companies is 1.80, based on 657 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Starts Proceed Investment and its competitors. For the REITs industry, the median Earnings per Share (Diluted) is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starts Proceed Investment's current Earnings per Share (Diluted) is 円8,835.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starts Proceed Investment stock overvalued right now?
Based on GuruFocus' analysis, Starts Proceed Investment (TSE:8979) is currently considered Fairly Valued. The stock's GF Value™ is 円186,054.63, compared to a current price of 円191,200.00 — trading 2.8% above its estimated fair value. The current Earnings per Share (Diluted) is 円8,835.10. Starts Proceed Investment's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Starts Proceed Investment (TSE:8979), the current Earnings per Share (Diluted) is 円8,835.10 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Starts Proceed Investment (TSE:8979) Overvalued in 2026?
Based on GuruFocus' analysis, Starts Proceed Investment stock appears to be overvalued.
The current stock price of 円191,200.00 is trading 2.8% above its estimated GF Value™ of 円186,054.63.
GuruFocus considers Starts Proceed Investment to be Fairly Valued.
Key valuation signals for TSE:8979:
Earnings per Share (Diluted): 円8,835.10
GF Value™: 円186,054.63 vs. price of 円191,200.00 (2.8% above fair value)
No single metric tells the full story. See the TSE:8979 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
59GF Score
Get the complete analysis for TSE:8979
Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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