GLPJF (GLP J-REIT) Accumulated Depreciation: $-504.4 Mil (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GLPJF GLP J-REIT GLPJF
81 GF Score
Price $824.70
GF Value $866.67
! 6 Warning Signs
View Full Analysis

What is GLP J-REIT Accumulated Depreciation?

GLP J-REIT GLPJF -5.09% 81 Accumulated Depreciation is $-504.4 Mil as of Feb. 2026. GuruFocus rates GLPJF with a GF Score™ of 81/100 and a GF Value™ of $866.67. The stock has 6 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

GLP J-REIT's quarterly accumulated depreciation increased from Feb. 2025 ($-475.3 Mil) to Aug. 2025 ($-508.6 Mil) but then stayed the same from Aug. 2025 ($-508.6 Mil) to Feb. 2026 ($-504.4 Mil).

GLP J-REIT's annual accumulated depreciation increased from Aug. 2023 ($-443.0 Mil) to Aug. 2024 ($-475.0 Mil) and increased from Aug. 2024 ($-475.0 Mil) to Aug. 2025 ($-508.6 Mil).

GLP J-REIT Accumulated Depreciation Related Terms

GLP J-REIT Accumulated Depreciation Historical Data

* Premium members only.

The historical data trend for GLP J-REIT's Accumulated Depreciation 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.

GLP J-REIT Accumulated Depreciation Chart

GLP J-REIT Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -455.31 -415.75 -443.03 -474.96 -508.57

GLP J-REIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Accumulated Depreciation 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 -437.80 -474.96 -475.28 -508.57 -504.43
GLPJF
81GF Score
GLP J-REIT GLPJF
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GLP J-REIT Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $-504.4 Mil mean?
GLP J-REIT (GLPJF) has a Accumulated Depreciation of $-504.4 Mil as of Feb. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on GLP J-REIT and its competitors.
Is GLP J-REIT's Accumulated Depreciation too high?
GLP J-REIT's current Accumulated Depreciation is $-504.4 Mil. Overall, GLP J-REIT has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does GLP J-REIT's Accumulated Depreciation compare to PLD and PSA?
GLP J-REIT's Accumulated Depreciation of $-504.4 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a REITs company?
A good Accumulated Depreciation depends on the REITs industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on GLP J-REIT and its competitors. GLP J-REIT's current Accumulated Depreciation is $-504.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GLP J-REIT stock overvalued right now?
GLP J-REIT (GLPJF) has a current Accumulated Depreciation of $-504.4 Mil. The stock's GF Value™ is $866.67, compared to a current price of $824.70 — trading 4.8% below its estimated fair value. The current Accumulated Depreciation is $-504.4 Mil. GLP J-REIT's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For GLP J-REIT (GLPJF), the current Accumulated Depreciation is $-504.4 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is GLP J-REIT (GLPJF) Overvalued in 2026?

Based on GuruFocus' analysis, GLP J-REIT stock appears to be undervalued. The current stock price of $824.70 is trading 4.8% below its estimated GF Value™ of $866.67.

Key valuation signals for GLPJF:

  • Accumulated Depreciation: $-504.4 Mil
  • GF Value™: $866.67 vs. price of $824.70 (4.8% below fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the GLPJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

GLP J-REIT Business Description

Industry Real EstateREITs
Other Exchanges 3281:Japan
Address Tokyo Midtown Yaesu, 16F, Yaesu Central Tower, 2-2-1 Yaesu, Chuo-ku, Tokyo, JPN
GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.
81GF Score

Get the complete analysis for GLPJF

Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$824.70
Price
$866.67
GF Value