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MIRAI (TSE:3476) Book Value per Share : 円45,769.53 (As of Apr. 2023)


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What is MIRAI Book Value per Share?

MIRAI's book value per share for the quarter that ended in Apr. 2023 was 円45,769.53.

During the past 12 months, MIRAI's average Book Value Per Share Growth Rate was 0.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.10% 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 7 years, the highest 3-Year average Book Value Per Share Growth Rate of MIRAI was 802.70% per year. The lowest was -0.10% per year. And the median was 0.70% per year.

MIRAI's current price is 円45350.00. Its book value per share for the quarter that ended in Apr. 2023 was 円45,769.53. Hence, today's PB Ratio of MIRAI is 0.99.

During the past 7 years, the highest P/B Ratio of MIRAI was 1.45. The lowest was 0.63. And the median was 1.04.

Good Sign:

MIRAI Corp stock PB Ratio (=0.99) is close to 3-year low of 0.94


MIRAI Book Value per Share Historical Data

The historical data trend for MIRAI'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.

* Premium members only.

MIRAI Book Value per Share Chart

MIRAI Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Book Value per Share
Get a 7-Day Free Trial 45,392.59 44,843.15 45,377.56 45,305.50 45,741.36

MIRAI Semi-Annual Data
May16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 45,186.21 45,305.50 45,580.90 45,741.36 45,769.53

Competitive Comparison of MIRAI's Book Value per Share

For the REIT - Diversified subindustry, MIRAI'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.


MIRAI's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where MIRAI's PB Ratio falls into.



MIRAI Book Value per Share Calculation

MIRAI's Book Value Per Share for the fiscal year that ended in Oct. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(81,028-0)/2
=45,741.36

MIRAI's Book Value Per Share for the quarter that ended in Apr. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(81,078-0)/2
=45,769.53

* 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.


MIRAI  (TSE:3476) 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.


MIRAI Book Value per Share Related Terms

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MIRAI (TSE:3476) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 2, No. 1, Nishikamada, Chiyoda-ku, Tokyo, JPN, 101-0065
MIRAI Corp is a Japanese real estate investment trust. The company invests in diversified portfolio of real estate properties including office buildings, retail properties and hotel.

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