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Daiwa House REIT Investment (TSE:8984) PS Ratio : 10.28 (As of May. 13, 2024)


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What is Daiwa House 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, Daiwa House REIT Investment's share price is 円263900.00. Daiwa House REIT Investment's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2023 was 円25,674.25. Hence, Daiwa House REIT Investment's PS Ratio for today is 10.28.

Good Sign:

Daiwa House REIT Investment Corp stock PS Ratio (=10.31) is close to 3-year low of 9.42

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

TSE:8984' s PS Ratio Range Over the Past 10 Years
Min: 7.45   Med: 10.96   Max: 13.96
Current: 10.28

During the past 13 years, Daiwa House REIT Investment's highest PS Ratio was 13.96. The lowest was 7.45. And the median was 10.96.

TSE:8984's PS Ratio is ranked worse than
78.23% of 827 companies
in the REITs industry
Industry Median: 6.53 vs TSE:8984: 10.28

Daiwa House REIT Investment's Revenue per Sharefor the six months ended in Aug. 2023 was 円12,896.89. Its Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2023 was 円25,674.25.

Warning Sign:

Daiwa House REIT Investment Corp revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Daiwa House REIT Investment was -0.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 1.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 2.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 1.00% per year.

During the past 13 years, Daiwa House REIT Investment's highest 3-Year average Revenue per Share Growth Rate was 4.00% per year. The lowest was -9.30% per year. And the median was 1.90% per year.

Back to Basics: PS Ratio


Daiwa House REIT Investment PS Ratio Historical Data

The historical data trend for Daiwa House 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.

Daiwa House REIT Investment PS Ratio Chart

Daiwa House REIT Investment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.68 11.45 12.39 12.52 10.79

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
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 - 12.52 - 10.79 -

Competitive Comparison of Daiwa House REIT Investment's PS Ratio

For the REIT - Diversified subindustry, Daiwa House 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.


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

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

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



Daiwa House 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.

Daiwa House REIT Investment's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=263900.00/25674.245
=10.28

Daiwa House REIT Investment's Share Price of today is 円263900.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Daiwa House REIT Investment's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2023 was 円25,674.25.

* 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.


Daiwa House REIT Investment  (TSE:8984) 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.


Daiwa House REIT Investment PS Ratio Related Terms

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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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