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MIRAI (TSE:3476) Price-to-Owner-Earnings : (As of May. 26, 2024)


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What is MIRAI Price-to-Owner-Earnings?

As of today (2024-05-26), MIRAI's share price is 円45350.00. MIRAI does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.


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


TSE:3476's Price-to-Owner-Earnings is not ranked *
in the REITs industry.
Industry Median: 14.54
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-05-26), MIRAI's share price is 円45350.00. MIRAI's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2023 was 円2,693.79. Therefore, MIRAI's PE Ratio for today is 16.84.

As of today (2024-05-26), MIRAI's share price is 円45350.00. MIRAI's EPS without NRI for the trailing twelve months (TTM) ended in was 円2,693.79. Therefore, MIRAI's PE Ratio without NRI for today is 16.84.

During the past 7 years, MIRAI's highest PE Ratio without NRI was 23.19. The lowest was 9.39. And the median was 17.77.


MIRAI Price-to-Owner-Earnings Historical Data

The historical data trend for MIRAI'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.

MIRAI Price-to-Owner-Earnings Chart

MIRAI Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Price-to-Owner-Earnings
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MIRAI Semi-Annual Data
May16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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Competitive Comparison of MIRAI's Price-to-Owner-Earnings

For the REIT - Diversified subindustry, MIRAI'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.


MIRAI's Price-to-Owner-Earnings Distribution in the REITs Industry

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

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



MIRAI 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)."

MIRAI's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=45350.00/-3904.00
=

* 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.


MIRAI  (TSE:3476) Price-to-Owner-Earnings Explanation

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


MIRAI Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of MIRAI's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


MIRAI (TSE:3476) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 2, No. 1, Nishikamada, Chiyoda-ku, Tokyo, JPN, 101-0065
MIRAI Corp is a Japanese real estate investment trust. The company invests in diversified portfolio of real estate properties including office buildings, retail properties and hotel.

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