Mori Hills Reit Investment (TSE:3234) PB Ratio : 1.27 (As of May. 11, 2024)

View and export this data going back to 2006. Start your Free Trial

What is Mori Hills Reit Investment PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-11), Mori Hills Reit Investment's share price is 円136200.00. Mori Hills Reit Investment's Book Value per Share for the quarter that ended in Jul. 2023 was 円106,869.77. Hence, Mori Hills Reit Investment's PB Ratio of today is 1.27.

Good Sign:

Mori Hills Reit Investment Corp stock PB Ratio (=1.29) is close to 3-year low of 1.21

The historical rank and industry rank for Mori Hills Reit Investment's PB Ratio or its related term are showing as below:

TSE:3234' s PB Ratio Range Over the Past 10 Years
Min: 0.83 Med: 1.45 Max: 1.98
Current: 1.27

During the past 13 years, Mori Hills Reit Investment's highest PB Ratio was 1.98. The lowest was 0.83. And the median was 1.45.

TSE:3234's PB Ratio is ranked worse than
81.13% of 848 companies
in the REITs industry
Industry Median: 0.84 vs TSE:3234: 1.27

During the past 12 months, Mori Hills Reit Investment's average Book Value Per Share Growth Rate was 1.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mori Hills Reit Investment was 4.00% per year. The lowest was -7.10% per year. And the median was 0.80% per year.

Back to Basics: PB Ratio

Mori Hills Reit Investment PB Ratio Historical Data

The historical data trend for Mori Hills Reit Investment's PB 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.

Mori Hills Reit Investment PB Ratio Chart

Mori Hills Reit Investment Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

PB Ratio

Get a 7-Day Free Trial

1.54

1.31

1.54

1.45

1.35

Mori Hills Reit Investment Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
PB Ratio	Get a 7-Day Free Trial															1.34	1.45	1.38	1.35	-

Competitive Comparison of Mori Hills Reit Investment's PB Ratio

For the REIT - Diversified subindustry, Mori Hills Reit Investment's PB Ratio, along with its competitors' market caps and PB 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.

Mori Hills Reit Investment's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mori Hills Reit Investment's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mori Hills Reit Investment's PB Ratio falls into.

Mori Hills Reit Investment PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Mori Hills Reit Investment's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jul. 2023)
	=	136200.00	/	106869.765
	=	1.27

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Mori Hills Reit Investment (TSE:3234) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Mori Hills Reit Investment PB Ratio Related Terms

Thank you for viewing the detailed overview of Mori Hills Reit Investment's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Mori Hills Reit Investment (TSE:3234) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mori Hills Reit Investment Corp (TSE:3234) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

12-32 Akasaka 1-chome, Minato-ku, Tokyo, JPN

Website

http://www.mori-hills-reit.co.jp

Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate primarily office buildings and residential and retail properties available for lease in Tokyo.

Mori Hills Reit Investment (TSE:3234) Headlines

No Headlines