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Nintendo Co. Ltd. Message Board

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  • jlharryas jlharryas Feb 14, 2008 9:01 PM Flag

    P/E for Japanese Stocks

    thank you for the web sight. i had a feeling that you were the right person to ask. im not very tech savvy, so this sight puts me in touch with a lot of knowledgable people. i was refering to the midway eng. with the wimote,nun deal. i heard that a suit has been filed. and was just wondering what was up. the posts on his utube video are funny. i agree, par by december. sector rotation, count on it. im early --i just couldnt pass up the sale. so i blew my nat gas roll. for a toy co. im fired.

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    • P/E is current stock price divided by earnings.

      Japan price is 51,000 Yen. For the first 9 months of this fiscal year they have reported earnings of 2024 yen/share. They have forecasted earnings of 2150/share for the fiscal year ending in March.

      (The reason they only predict a little income for Jan-Mar is most likely due to currency conversion concerns due to the weak us dollar/yen ratio)

      That gives a P/E of 23.72 for the 2007 Fiscal year, based 3/4 on history, and 1/4 on a projection (which is traditionally a low estimate).

      Earnings for the Oct-Dec 2007 period alone were 1035 yen. Estimates for 2008 could easily be around 3500 yen/share giving a forward P/E of 14.5 for 2008 (that's a total guesstimate).

 
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