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Daiwa House REIT Investment (TSE:8984) PB Ratio : 1.18 (As of May. 13, 2024)


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What is Daiwa House 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 (2024-05-13), Daiwa House REIT Investment's share price is 円263900.00. Daiwa House REIT Investment's Book Value per Share for the quarter that ended in Aug. 2023 was 円223,350.69. Hence, Daiwa House REIT Investment's PB Ratio of today is 1.18.

Good Sign:

Daiwa House REIT Investment Corp stock PB Ratio (=1.18) is close to 3-year low of 1.08

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

TSE:8984' s PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.37   Max: 2.07
Current: 1.18

During the past 13 years, Daiwa House REIT Investment's highest PB Ratio was 2.07. The lowest was 0.81. And the median was 1.37.

TSE:8984's PB Ratio is ranked worse than
77.76% of 850 companies
in the REITs industry
Industry Median: 0.835 vs TSE:8984: 1.18

During the past 12 months, Daiwa House REIT Investment's average Book Value Per Share Growth Rate was -0.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.10% per year. During the past 5 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 5.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Daiwa House REIT Investment was 14.50% per year. The lowest was -1.40% per year. And the median was 0.35% per year.

Back to Basics: PB Ratio


Daiwa House REIT Investment PB Ratio Historical Data

The historical data trend for Daiwa House 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.

Daiwa House REIT Investment PB Ratio Chart

Daiwa House REIT Investment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 1.24 1.46 1.43 1.24

Daiwa House REIT Investment 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 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 1.38 1.43 1.25 1.24 -

Competitive Comparison of Daiwa House REIT Investment's PB Ratio

For the REIT - Diversified subindustry, Daiwa House 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.


Daiwa House REIT Investment's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Daiwa House REIT Investment's PB Ratio falls into.



Daiwa House 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.

Daiwa House REIT Investment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Aug. 2023)
=263900.00/223350.688
=1.18

* 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.


Daiwa House REIT Investment  (TSE:8984) 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.


Daiwa House REIT Investment PB Ratio Related Terms

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


Daiwa House REIT Investment (TSE:8984) Business Description

Traded in Other Exchanges
N/A
Address
2-4-8, Nagatacho, 7th Floor, Nissei Nagatacho Building, Chiyoda-ku, Tokyo, JPN, 100-0014
Daiwa House REIT Investment Corp is a diversified real estate investment trust which invests in real estate properties. Its core assets are logistics properties, residential properties, retail properties, and hotels. It invests mainly in three metropolitan areas the greater Tokyo area, the greater Nagoya area, and the greater Osaka area. The firm's portfolio consists of assets with various risk-return profiles. It generates revenue from rental activity on a straight-line accrual basis over the life of each lease contract. The company operates only in Japan.

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