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KDX Realty Investment (TSE:8972) PB Ratio : 1.16 (As of May. 10, 2024)


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What is KDX Realty 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 (2024-05-10), KDX Realty Investment's share price is 円158100.00. KDX Realty Investment's Book Value per Share for the quarter that ended in Apr. 2023 was 円135,828.81. Hence, KDX Realty Investment's PB Ratio of today is 1.16.

Good Sign:

KDX Realty Investment Corp stock PB Ratio (=1.15) is close to 3-year low of 1.05

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

TSE:8972' s PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.23   Max: 1.69
Current: 1.17

During the past 13 years, KDX Realty Investment's highest PB Ratio was 1.69. The lowest was 0.69. And the median was 1.23.

TSE:8972's PB Ratio is ranked worse than
76.06% of 848 companies
in the REITs industry
Industry Median: 0.84 vs TSE:8972: 1.17

During the past 12 months, KDX Realty Investment's average Book Value Per Share Growth Rate was 0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of KDX Realty Investment was 1.10% per year. The lowest was -6.40% per year. And the median was 0.20% per year.

Back to Basics: PB Ratio


KDX Realty Investment PB Ratio Historical Data

The historical data trend for KDX Realty 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.

KDX Realty Investment PB Ratio Chart

KDX Realty Investment Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.58 1.12 1.34 1.25

KDX Realty Investment Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
PB 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 1.50 1.34 1.26 1.25 1.11

Competitive Comparison of KDX Realty Investment's PB Ratio

For the REIT - Diversified subindustry, KDX Realty 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.


KDX Realty Investment's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where KDX Realty Investment's PB Ratio falls into.



KDX Realty 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.

KDX Realty Investment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2023)
=158100.00/135828.806
=1.16

* 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.

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

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.


KDX Realty Investment  (TSE:8972) 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.


KDX Realty Investment PB Ratio Related Terms

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


KDX Realty Investment (TSE:8972) Business Description

Traded in Other Exchanges
N/A
Address
2-1-6 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 105-0004
KDX Realty Investment Corp is a Japan-based real estate investment trust. It is engaged in the business of investing in office and residential buildings. The company has around 100 properties, which include Mid-sized Office Buildings and other office building, central urban properties, residential properties, and others. The company owns properties in 5 Central wards of Tokyo, Tokyo Metropolitan area, and other regional areas.

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