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Sumitomo Realty & Development Co (FRA:RL2) Shiller PE Ratio : 15.58 (As of Jun. 13, 2024)


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What is Sumitomo Realty & Development Co Shiller PE Ratio?

As of today (2024-06-13), Sumitomo Realty & Development Co's current share price is €28.20. Sumitomo Realty & Development Co's E10 for the quarter that ended in Dec. 2023 was €1.81. Sumitomo Realty & Development Co's Shiller PE Ratio for today is 15.58.

The historical rank and industry rank for Sumitomo Realty & Development Co's Shiller PE Ratio or its related term are showing as below:

FRA:RL2' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.15   Med: 18.44   Max: 27.65
Current: 17.21

During the past years, Sumitomo Realty & Development Co's highest Shiller PE Ratio was 27.65. The lowest was 11.15. And the median was 18.44.

FRA:RL2's Shiller PE Ratio is ranked worse than
68.99% of 1074 companies
in the Real Estate industry
Industry Median: 10.95 vs FRA:RL2: 17.21

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.

Sumitomo Realty & Development Co's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.533. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sumitomo Realty & Development Co Shiller PE Ratio Historical Data

The historical data trend for Sumitomo Realty & Development Co'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.

Sumitomo Realty & Development Co Shiller PE Ratio Chart

Sumitomo Realty & Development Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.70 18.53 14.48 11.36 -

Sumitomo Realty & Development Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.36 13.09 13.90 14.73 -

Competitive Comparison of Sumitomo Realty & Development Co's Shiller PE Ratio

For the Real Estate Services subindustry, Sumitomo Realty & Development Co'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.


Sumitomo Realty & Development Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sumitomo Realty & Development Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sumitomo Realty & Development Co's Shiller PE Ratio falls into.



Sumitomo Realty & Development Co 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.

Sumitomo Realty & Development Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=28.20/1.81
=15.58

* 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.

Sumitomo Realty & Development Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Sumitomo Realty & Development Co'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)
=0.533/106.8000*106.8000
=0.533

Current CPI (Dec. 2023) = 106.8000.

Sumitomo Realty & Development Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.103 95.700 0.115
201406 0.343 98.000 0.374
201409 0.234 98.500 0.254
201412 0.302 97.900 0.329
201503 0.350 97.900 0.382
201506 0.361 98.400 0.392
201509 0.366 98.500 0.397
201512 0.408 98.100 0.444
201603 0.252 97.900 0.275
201606 0.591 98.100 0.643
201609 0.480 98.000 0.523
201612 0.497 98.400 0.539
201703 0.270 98.100 0.294
201706 0.725 98.500 0.786
201709 0.499 98.800 0.539
201712 0.541 99.400 0.581
201803 0.185 99.200 0.199
201806 0.803 99.200 0.865
201809 0.501 99.900 0.536
201812 0.319 99.700 0.342
201903 0.517 99.700 0.554
201906 0.965 99.800 1.033
201909 0.666 100.100 0.711
201912 0.342 100.500 0.363
202003 0.499 100.300 0.531
202006 1.141 99.900 1.220
202009 0.537 99.900 0.574
202012 0.522 99.300 0.561
202103 0.213 99.900 0.228
202106 0.782 99.500 0.839
202109 0.682 100.100 0.728
202112 0.622 100.100 0.664
202203 0.347 101.100 0.367
202206 0.788 101.800 0.827
202209 0.612 103.100 0.634
202212 0.613 104.100 0.629
202303 0.388 104.400 0.397
202306 0.784 105.200 0.796
202309 0.656 106.200 0.660
202312 0.533 106.800 0.533

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.


Sumitomo Realty & Development Co  (FRA:RL2) 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.


Sumitomo Realty & Development Co Shiller PE Ratio Related Terms

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Sumitomo Realty & Development Co (FRA:RL2) Business Description

Traded in Other Exchanges
Address
Shinjuku NS Building, 4-1, Nishi-Shinjuku 2-chome, Shinjuku-ku, Tokyo, JPN, 163-0820
Sumitomo Realty & Development is one of the three big Japanese real estate companies. Unlike Mitsubishi Estate in Marunouchi or Mitsui Fudosan in Nihonbashi, it did not inherit a cluster of prime properties from its prewar predecessor, so Sumitomo Realty has built up a portfolio dispersed across central Tokyo (not just in the main business districts) by opportunistically redeveloping plots of land acquired piecemeal. After office leasing, condo development is a relatively important business for Sumitomo Realty, contributing close to one fourth of its operating profit. The firm is slightly smaller than Mitsubishi Estate and Mitsui Fudosan by assets and has more financial leverage than they do.

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