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NIPPON REIT Investment (TSE:3296) Price-to-Owner-Earnings : 17.62 (As of Jun. 11, 2024)


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What is NIPPON REIT Investment Price-to-Owner-Earnings?

As of today (2024-06-11), NIPPON REIT Investment's share price is 円336000.00. NIPPON REIT Investment's Owner Earnings per Share (TTM) ended in Dec. 2023 was 円19071.15. It's Price-to-Owner-Earnings for today is 17.62.


The historical rank and industry rank for NIPPON REIT Investment's Price-to-Owner-Earnings or its related term are showing as below:

TSE:3296' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 10.33   Med: 17.27   Max: 62.19
Current: 17.64

During the past 11 years, the highest Price-to-Owner-Earnings of NIPPON REIT Investment was 62.19. The lowest was 10.33. And the median was 17.27.


TSE:3296's Price-to-Owner-Earnings is ranked worse than
58.82% of 255 companies
in the REITs industry
Industry Median: 15.47 vs TSE:3296: 17.64

As of today (2024-06-11), NIPPON REIT Investment's share price is 円336000.00. NIPPON REIT Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was 円17,235.95. Therefore, NIPPON REIT Investment's PE Ratio for today is 19.49.

As of today (2024-06-11), NIPPON REIT Investment's share price is 円336000.00. NIPPON REIT Investment's EPS without NRI for the trailing twelve months (TTM) ended in was 円17,235.96. Therefore, NIPPON REIT Investment's PE Ratio without NRI for today is 19.49.

During the past 11 years, NIPPON REIT Investment's highest PE Ratio without NRI was 3306.27. The lowest was 12.05. And the median was 19.84.


NIPPON REIT Investment Price-to-Owner-Earnings Historical Data

The historical data trend for NIPPON REIT Investment's Price-to-Owner-Earnings 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.

NIPPON REIT Investment Price-to-Owner-Earnings Chart

NIPPON REIT Investment Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 14.69 12.18 60.53 17.62

NIPPON REIT Investment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Owner-Earnings 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 12.18 - 60.53 - 17.62

Competitive Comparison of NIPPON REIT Investment's Price-to-Owner-Earnings

For the REIT - Diversified subindustry, NIPPON REIT Investment's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


NIPPON REIT Investment's Price-to-Owner-Earnings Distribution in the REITs Industry

For the REITs industry and Real Estate sector, NIPPON REIT Investment's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where NIPPON REIT Investment's Price-to-Owner-Earnings falls into.



NIPPON REIT Investment Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

NIPPON REIT Investment's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=336000.00/19071.15
=17.62

* 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.


NIPPON REIT Investment  (TSE:3296) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


NIPPON REIT Investment Price-to-Owner-Earnings Related Terms

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NIPPON REIT Investment (TSE:3296) Business Description

Traded in Other Exchanges
N/A
Address
No. 17 No. 18 Shinkawa, Chuo-ku, Tokyo-chome, JPN
NIPPON REIT Investment Corp is engaged in the property leasing business. The company manages assets by investing the funds paid in by the unitholders primarily in real estate-related assets. The company develops a portfolio of properties focused on income growth and stability, aiming to maximize unitholder value.

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