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.
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.
Hankyu Hanshin REIT's book value per share for the quarter that ended in May. 2026 was 円125,144.03.
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 Hankyu Hanshin REIT was 8.70% per year. The lowest was -6.70% per year. And the median was 0.10% per year.
Hankyu Hanshin REIT's current price is 円144100.00. Its book value per share for the quarter that ended in May. 2026 was 円125,144.03. Hence, today's PB Ratio of Hankyu Hanshin REIT is 1.15.
During the past 13 years, the highest P/B Ratio of Hankyu Hanshin REIT was 1.49. The lowest was 0.73. And the median was 1.16.
Good Sign:
Hankyu Hanshin REIT Inc stock PB Ratio (=1.1) is close to 1-year low of 1.09.
Hankyu Hanshin REIT (TSE:8977) 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.
Hankyu Hanshin REIT Book Value per Share Related Terms
Hankyu Hanshin REIT Book Value per Share Historical Data
* Premium members only.
The historical data trend for Hankyu Hanshin REIT'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.
TSE:8977 vs VICI, WPC: Book Value per Share Comparison
For the REIT - Diversified subindustry, Hankyu Hanshin REIT'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.
Hankyu Hanshin REIT PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Hankyu Hanshin REIT's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hankyu Hanshin REIT's PB Ratio falls into.
* 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.
What does a Book Value per Share of 円125,144.03 mean?
Hankyu Hanshin REIT (TSE:8977) has a Book Value per Share of 円125,144.03 as of May. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Hankyu Hanshin REIT and its competitors.
Is Hankyu Hanshin REIT's Book Value per Share too high?
Hankyu Hanshin REIT's current Book Value per Share is 円125,144.03. Overall, Hankyu Hanshin REIT has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hankyu Hanshin REIT's Book Value per Share compare to VICI and WPC?
Hankyu Hanshin REIT's Book Value per Share of 円125,144.03 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 Hankyu Hanshin REIT and its competitors. Hankyu Hanshin REIT's current Book Value per Share is 円125,144.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hankyu Hanshin REIT stock overvalued right now?
Based on GuruFocus' analysis, Hankyu Hanshin REIT (TSE:8977) is currently considered Fairly Valued. The stock's GF Value™ is 円154,324.89, compared to a current price of 円144,100.00 — trading 6.6% below its estimated fair value. The current Book Value per Share is 円125,144.03. Hankyu Hanshin REIT's overall GF Score™ is 59/100 with 4 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 Hankyu Hanshin REIT (TSE:8977), the current Book Value per Share is 円125,144.03 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 Hankyu Hanshin REIT (TSE:8977) Overvalued in 2026?
Based on GuruFocus' analysis, Hankyu Hanshin REIT stock appears to be undervalued.
The current stock price of 円144,100.00 is trading 6.6% below its estimated GF Value™ of 円154,324.89.
GuruFocus considers Hankyu Hanshin REIT to be Fairly Valued.
Key valuation signals for TSE:8977:
Book Value per Share: 円125,144.03
GF Value™: 円154,324.89 vs. price of 円144,100.00 (6.6% below fair value)
No single metric tells the full story. See the TSE:8977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.
59GF Score
Get the complete analysis for TSE:8977
Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:8977 has been successfully added to your 
