NMMRF (Nomura Real Estate Master Fund) Book Value per Share: $832.70 (As of Feb. 2026)


NMMRF Nomura Real Estate Master Fund Inc NMMRF
57 GF Score
Price $1,008.35
GF Value $1,049.59
! 5 Warning Signs
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What is Nomura Real Estate Master Fund Book Value per Share?

Nomura Real Estate Master Fund NMMRF 57 Book Value per Share is $832.70 as of Feb. 2026. GuruFocus rates NMMRF with a GF Score™ of 57/100 and a GF Value™ of $1,049.59. The stock has 5 warning signs investors should review.

Nomura Real Estate Master Fund's book value per share for the quarter that ended in Feb. 2026 was $832.70.

During the past 12 months, Nomura Real Estate Master Fund'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 -0.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Nomura Real Estate Master Fund was 10.30% per year. The lowest was -0.60% per year. And the median was -0.15% per year.

Nomura Real Estate Master Fund's current price is $1008.35. Its book value per share for the quarter that ended in Feb. 2026 was $832.70. Hence, today's PB Ratio of Nomura Real Estate Master Fund is 1.14.

During the past 11 years, the highest P/B Ratio of Nomura Real Estate Master Fund was 1.80. The lowest was 0.60. And the median was 1.23.


Nomura Real Estate Master Fund  (OTCPK:NMMRF) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Nomura Real Estate Master Fund Book Value per Share Related Terms


Nomura Real Estate Master Fund Book Value per Share Historical Data

* Premium members only.

The historical data trend for Nomura Real Estate Master Fund's Book Value per Share 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.

Nomura Real Estate Master Fund Book Value per Share Chart

Nomura Real Estate Master Fund Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,251.39 1,196.82 964.36 900.46 888.06

Nomura Real Estate Master Fund Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Book Value per Share 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 867.00 888.06 856.41 880.27 832.70

NMMRF vs SPG, O, KIM: Book Value per Share Comparison

For the REIT - Retail subindustry, Nomura Real Estate Master Fund'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.


Nomura Real Estate Master Fund PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Nomura Real Estate Master Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Nomura Real Estate Master Fund's PB Ratio falls into.


NMMRF
57GF Score
Nomura Real Estate Master Fund Inc NMMRF
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Nomura Real Estate Master Fund Book Value per Share Calculation

Nomura Real Estate Master Fund's Book Value Per Share for the fiscal year that ended in Aug. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4,144.6-0.0)/4.7
=888.06

Nomura Real Estate Master Fund's Book Value Per Share for the quarter that ended in Feb. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3,868.7-0.0)/4.6
=832.70

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $832.70 mean?
Nomura Real Estate Master Fund (NMMRF) has a Book Value per Share of $832.70 as of Feb. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Nomura Real Estate Master Fund and its competitors.
Is Nomura Real Estate Master Fund's Book Value per Share too high?
Nomura Real Estate Master Fund's current Book Value per Share is $832.70. Overall, Nomura Real Estate Master Fund has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Nomura Real Estate Master Fund's Book Value per Share compare to SPG and O?
Nomura Real Estate Master Fund's Book Value per Share of $832.70 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 Book Value per Share for a REITs company?
A good Book Value per Share depends on the REITs industry context. However, Book Value per Share 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 Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Nomura Real Estate Master Fund and its competitors. Nomura Real Estate Master Fund's current Book Value per Share is $832.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Real Estate Master Fund stock overvalued right now?
Nomura Real Estate Master Fund (NMMRF) has a current Book Value per Share of $832.70. The stock's GF Value™ is $1,049.59, compared to a current price of $1,008.35 — trading 3.9% below its estimated fair value. The current Book Value per Share is $832.70. Nomura Real Estate Master Fund's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Nomura Real Estate Master Fund (NMMRF), the current Book Value per Share is $832.70 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 Nomura Real Estate Master Fund (NMMRF) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura Real Estate Master Fund stock appears to be undervalued. The current stock price of $1,008.35 is trading 3.9% below its estimated GF Value™ of $1,049.59.

Key valuation signals for NMMRF:

  • Book Value per Share: $832.70
  • GF Value™: $1,049.59 vs. price of $1,008.35 (3.9% below fair value)
  • GF Score™: 57/100 with 5 warning signs

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


Nomura Real Estate Master Fund Business Description

Industry Real EstateREITs
Other Exchanges 3462:Japan
Address 1-13-1 Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8645
Nomura Real Estate Master Fund Inc is a Japanese based company operates as a real estate investment trust. It is implementing medium- to long-term management Strategy, to achieve securing stable income over the medium to long term period, also ensures the steady growth of assets under management. The company invests in logistic facilities and commercial facilities in the Tokyo metropolitan area. It is managed by the fund manager Nomura Real Estate Asset Management Co Ltd.
57GF Score

Get the complete analysis for NMMRF

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

$1,008.35
Price
$1,049.59
GF Value