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

Mori Hills Reit Investment (TSE:3234) PS Ratio : 11.65 (As of May. 11, 2024)


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

What is Mori Hills Reit Investment PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Mori Hills Reit Investment's share price is 円136200.00. Mori Hills Reit Investment's Revenue per Share for the trailing twelve months (TTM) ended in Jul. 2023 was 円11,686.72. Hence, Mori Hills Reit Investment's PS Ratio for today is 11.65.

Good Sign:

Mori Hills Reit Investment Corp stock PS Ratio (=11.75) is close to 3-year low of 11.03

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

TSE:3234' s PS Ratio Range Over the Past 10 Years
Min: 8.49   Med: 14.96   Max: 21.93
Current: 11.66

During the past 13 years, Mori Hills Reit Investment's highest PS Ratio was 21.93. The lowest was 8.49. And the median was 14.96.

TSE:3234's PS Ratio is ranked worse than
83.43% of 827 companies
in the REITs industry
Industry Median: 6.53 vs TSE:3234: 11.66

Mori Hills Reit Investment's Revenue per Sharefor the six months ended in Jul. 2023 was 円5,853.44. Its Revenue per Share for the trailing twelve months (TTM) ended in Jul. 2023 was 円11,686.72.

Good Sign:

Mori Hills Reit Investment Corp has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Mori Hills Reit Investment was 6.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 4.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 3.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.70% per year.

During the past 13 years, Mori Hills Reit Investment's highest 3-Year average Revenue per Share Growth Rate was 5.90% per year. The lowest was -17.00% per year. And the median was 2.55% per year.

Back to Basics: PS Ratio


Mori Hills Reit Investment PS Ratio Historical Data

The historical data trend for Mori Hills Reit Investment's PS 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 PS Ratio Chart

Mori Hills Reit Investment Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.83 13.37 15.67 13.95 12.36

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
PS 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 - 13.95 - 12.36 -

Competitive Comparison of Mori Hills Reit Investment's PS Ratio

For the REIT - Diversified subindustry, Mori Hills Reit Investment's PS Ratio, along with its competitors' market caps and PS 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 PS Ratio Distribution in the REITs Industry

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

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



Mori Hills Reit Investment PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Mori Hills Reit Investment's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=136200.00/11686.722
=11.65

Mori Hills Reit Investment's Share Price of today is 円136200.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mori Hills Reit Investment's Revenue per Share for the trailing twelve months (TTM) ended in Jul. 2023 was 円11,686.72.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


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

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Mori Hills Reit Investment PS Ratio Related Terms

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


Mori Hills Reit Investment (TSE:3234) Business Description

Traded in Other Exchanges
N/A
Address
12-32 Akasaka 1-chome, Minato-ku, Tokyo, JPN
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