MIRARTH Real Estate Investment (TSE:3492) Book Value per Share: 円99,274.16 (As of Feb. 2026)

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TSE:3492 MIRARTH Real Estate Investment Corp TSE:3492
59 GF Score
Price 円80,500.00
GF Value 円103,571.39
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is MIRARTH Real Estate Investment Book Value per Share?

MIRARTH Real Estate Investment TSE:3492 +0.37% 59 Book Value per Share is 円99,274.16 as of Feb. 2026. GuruFocus rates TSE:3492 with a GF Score™ of 59/100 and a GF Value™ of 円103,571.39 (Modestly Undervalued). The stock has 5 warning signs investors should review.

MIRARTH Real Estate Investment's book value per share for the quarter that ended in Feb. 2026 was 円99,274.16.

During the past 12 months, MIRARTH Real Estate Investment's average Book Value Per Share Growth Rate was 0.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.50% 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 8 years, the highest 3-Year average Book Value Per Share Growth Rate of MIRARTH Real Estate Investment was 3.00% per year. The lowest was -4.90% per year. And the median was 0.40% per year.

MIRARTH Real Estate Investment's current price is 円80500.00. Its book value per share for the quarter that ended in Feb. 2026 was 円99,274.16. Hence, today's PB Ratio of MIRARTH Real Estate Investment is 0.81.

During the past 8 years, the highest P/B Ratio of MIRARTH Real Estate Investment was 1.39. The lowest was 0.62. And the median was 0.98.

Good Sign:

MIRARTH Real Estate Investment Corp stock PB Ratio (=0.81) is close to 5-year low of 0.81.


MIRARTH Real Estate Investment  (TSE:3492) 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.


MIRARTH Real Estate Investment Book Value per Share Related Terms


MIRARTH Real Estate Investment Book Value per Share Historical Data

* Premium members only.

The historical data trend for MIRARTH Real Estate Investment'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.

MIRARTH Real Estate Investment Book Value per Share Chart

MIRARTH Real Estate Investment Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Book Value per Share
Get a 7-Day Free Trial 101,047.48 103,052.62 101,877.45 87,012.28 99,206.78

MIRARTH Real Estate Investment Semi-Annual Data
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 101,952.42 87,012.28 99,047.83 99,206.78 99,274.16

TSE:3492 vs VICI, WPC: Book Value per Share Comparison

For the REIT - Diversified subindustry, MIRARTH Real Estate Investment'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.


MIRARTH Real Estate Investment PB Ratio vs REITs Industry

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

* The bar in red indicates where MIRARTH Real Estate Investment's PB Ratio falls into.


TSE:3492
59GF Score
MIRARTH Real Estate Investment Corp TSE:3492
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MIRARTH Real Estate Investment Book Value per Share Calculation

MIRARTH Real Estate Investment's Book Value Per Share for the fiscal year that ended in Aug. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(90,377-0)/1
=99,206.78

MIRARTH Real Estate Investment'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)
=(90,439-0)/1
=99,274.16

* 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 円99,274.16 mean?
MIRARTH Real Estate Investment (TSE:3492) has a Book Value per Share of 円99,274.16 as of Feb. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on MIRARTH Real Estate Investment and its competitors.
Is MIRARTH Real Estate Investment's Book Value per Share too high?
MIRARTH Real Estate Investment's current Book Value per Share is 円99,274.16. Overall, MIRARTH Real Estate Investment has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MIRARTH Real Estate Investment's Book Value per Share compare to VICI and WPC?
MIRARTH Real Estate Investment's Book Value per Share of 円99,274.16 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 MIRARTH Real Estate Investment and its competitors. MIRARTH Real Estate Investment's current Book Value per Share is 円99,274.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIRARTH Real Estate Investment stock overvalued right now?
Based on GuruFocus' analysis, MIRARTH Real Estate Investment (TSE:3492) is currently considered Modestly Undervalued. The stock's GF Value™ is 円103,571.39, compared to a current price of 円80,500.00 — trading 22.3% below its estimated fair value. The current Book Value per Share is 円99,274.16. MIRARTH Real Estate Investment's overall GF Score™ is 59/100 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 MIRARTH Real Estate Investment (TSE:3492), the current Book Value per Share is 円99,274.16 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 MIRARTH Real Estate Investment (TSE:3492) Overvalued in 2026?

Based on GuruFocus' analysis, MIRARTH Real Estate Investment stock appears to be undervalued. The current stock price of 円80,500.00 is trading 22.3% below its estimated GF Value™ of 円103,571.39. GuruFocus considers MIRARTH Real Estate Investment to be Modestly Undervalued.

Key valuation signals for TSE:3492:

  • Book Value per Share: 円99,274.16
  • GF Value™: 円103,571.39 vs. price of 円80,500.00 (22.3% below fair value)
  • GF Score™: 59/100 with 5 warning signs

No single metric tells the full story. See the TSE:3492 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MIRARTH Real Estate Investment Business Description

Industry Real EstateREITs
Address 2-2-1 Otemachi, Shin-Otemachi Building, 3rd Floor, Chiyoda-ku, Tokyo, JPN, 107-0052
MIRARTH Real Estate Investment Corp is a J-REIT that invests in residential properties, as well as office buildings, retail facilities, hotels, and other properties. It aims to build a diverse, comprehensive portfolio consisting of residential, office, hotel, commercial, and other properties by maximizing the strengths of each sponsor company through property development, property revitalization, and flexible property acquisition in the external real estate market.
59GF Score

Get the complete analysis for TSE:3492

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

円80,500.00
Price
円103,571.39
GF Value