Daiwa Office Investment (TSE:8976) Book Value per Share: 円260,071.37 (As of May. 2026)

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TSE:8976 Daiwa Office Investment Corp TSE:8976
62 GF Score
Price 円350,500.00
GF Value 円364,217.18
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Daiwa Office Investment Book Value per Share?

Daiwa Office Investment TSE:8976 +1.45% 62 Book Value per Share is 円260,071.37 as of May. 2026. GuruFocus rates TSE:8976 with a GF Score™ of 62/100 and a GF Value™ of 円364,217.18 (Fairly Valued). The stock has 8 warning signs investors should review.

Daiwa Office Investment's book value per share for the quarter that ended in May. 2026 was 円260,071.37.

During the past 12 months, Daiwa Office Investment's average Book Value Per Share Growth Rate was 0.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.20% 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 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Daiwa Office Investment was 0.70% per year. The lowest was -0.10% per year. And the median was 0.20% per year.

Daiwa Office Investment's current price is 円350500.00. Its book value per share for the quarter that ended in May. 2026 was 円260,071.37. Hence, today's PB Ratio of Daiwa Office Investment is 1.35.

During the past 13 years, the highest P/B Ratio of Daiwa Office Investment was 1.75. The lowest was 0.83. And the median was 1.26.

Warning Sign:

Daiwa Office Investment Corp stock PB Ratio (=1.35) is close to 3-year high of 1.49.


Daiwa Office Investment  (TSE:8976) 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.


Daiwa Office Investment Book Value per Share Related Terms


Daiwa Office Investment Book Value per Share Historical Data

* Premium members only.

The historical data trend for Daiwa Office 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.

Daiwa Office Investment Book Value per Share Chart

Daiwa Office Investment Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 259,666.20 259,874.65 258,611.61 258,644.88 258,951.90

Daiwa Office Investment Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 258,456.50 258,951.90 259,191.36 259,349.11 260,071.37

TSE:8976 vs BXP, ARE, VNO: Book Value per Share Comparison

For the REIT - Office subindustry, Daiwa Office 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.


Daiwa Office Investment PB Ratio vs REITs Industry

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

* The bar in red indicates where Daiwa Office Investment's PB Ratio falls into.


TSE:8976
62GF Score
Daiwa Office Investment Corp TSE:8976
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daiwa Office Investment Book Value per Share Calculation

Daiwa Office Investment's Book Value Per Share for the fiscal year that ended in Nov. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(244,968-0)/1
=258,951.90

Daiwa Office Investment's Book Value Per Share for the quarter that ended in May. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(243,167-0)/1
=260,071.36

* 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260,071.37 mean?
Daiwa Office Investment (TSE:8976) has a Book Value per Share of 円260,071.37 as of May. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Daiwa Office Investment and its competitors.
Is Daiwa Office Investment's Book Value per Share too high?
Daiwa Office Investment's current Book Value per Share is 円260,071.37. Overall, Daiwa Office Investment has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiwa Office Investment's Book Value per Share compare to BXP and ARE?
Daiwa Office Investment's Book Value per Share of 円260,071.37 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 Daiwa Office Investment and its competitors. Daiwa Office Investment's current Book Value per Share is 円260,071.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Office Investment stock overvalued right now?
Based on GuruFocus' analysis, Daiwa Office Investment (TSE:8976) is currently considered Fairly Valued. The stock's GF Value™ is 円364,217.18, compared to a current price of 円350,500.00 — trading 3.8% below its estimated fair value. The current Book Value per Share is 円260,071.37. Daiwa Office Investment's overall GF Score™ is 62/100 with 8 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 Daiwa Office Investment (TSE:8976), the current Book Value per Share is 円260,071.37 as of May. 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 Daiwa Office Investment (TSE:8976) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa Office Investment stock appears to be undervalued. The current stock price of 円350,500.00 is trading 3.8% below its estimated GF Value™ of 円364,217.18. GuruFocus considers Daiwa Office Investment to be Fairly Valued.

Key valuation signals for TSE:8976:

  • Book Value per Share: 円260,071.37
  • GF Value™: 円364,217.18 vs. price of 円350,500.00 (3.8% below fair value)
  • GF Score™: 62/100 with 8 warning signs

No single metric tells the full story. See the TSE:8976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daiwa Office Investment Business Description

Industry Real EstateREITs
Address 6-2-1 Ginza, Chuo-ku, Tokyo, JPN
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.
62GF Score

Get the complete analysis for TSE:8976

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

円350,500.00
Price
円364,217.18
GF Value