Fukuoka REIT (TSE:8968) PB Ratio : 1.30 (As of May. 14, 2024)

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What is Fukuoka REIT 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 (2024-05-14), Fukuoka REIT's share price is 円166300.00. Fukuoka REIT's Book Value per Share for the quarter that ended in Aug. 2023 was 円128,048.31. Hence, Fukuoka REIT's PB Ratio of today is 1.30.

Good Sign:

Fukuoka REIT Corp stock PB Ratio (=1.29) is close to 3-year low of 1.21

The historical rank and industry rank for Fukuoka REIT's PB Ratio or its related term are showing as below:

TSE:8968' s PB Ratio Range Over the Past 10 Years
Min: 0.57 Med: 1.35 Max: 2.06
Current: 1.29

During the past 13 years, Fukuoka REIT's highest PB Ratio was 2.06. The lowest was 0.57. And the median was 1.35.

TSE:8968's PB Ratio is ranked worse than
82.12% of 850 companies
in the REITs industry
Industry Median: 0.835 vs TSE:8968: 1.29

During the past 12 months, Fukuoka REIT's average Book Value Per Share Growth Rate was 0.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fukuoka REIT was 5.50% per year. The lowest was -2.00% per year. And the median was 0.70% per year.

Back to Basics: PB Ratio

Fukuoka REIT PB Ratio Historical Data

The historical data trend for Fukuoka REIT'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.

Fukuoka REIT PB Ratio Chart

Fukuoka REIT Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

PB Ratio

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1.39

1.07

1.37

1.33

1.27

Fukuoka REIT Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
PB Ratio	Get a 7-Day Free Trial															1.23	1.33	1.29	1.27	-

Competitive Comparison of Fukuoka REIT's PB Ratio

For the REIT - Diversified subindustry, Fukuoka REIT'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.

Fukuoka REIT's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fukuoka REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where Fukuoka REIT's PB Ratio falls into.

Fukuoka REIT 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.

Fukuoka REIT's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Aug. 2023)
	=	166300.00	/	128048.309
	=	1.30

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.

Fukuoka REIT (TSE:8968) 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.

Fukuoka REIT PB Ratio Related Terms

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

Fukuoka REIT (TSE:8968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fukuoka REIT Corp (TSE:8968) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-25 Sumiyoshi, Hakata, Fukuoka, JPN, 812-0018

Website

http://www.fukuoka-reit.jp

Fukuoka REIT Corp is an REIT based in Japan. The company manages a portfolio with a focus on entertainment retail facilities and office buildings in the Fukuoka metropolitan area and other neighbouring areas in the Kyushu region. Fukuoka REIT's asset manager, Fukuoka Realty, provides real estate management, acquisition, arrangement of new property, fundraising, and other operations under contracts. The firm diversifies in retail, office buildings, and other types of property, including residences, hotels, logistics facilities, and public and other facilities. Retail property represents more than half of the portfolio assets.

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