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NIPOF (Japan Hotel REIT Investment) Cyclically Adjusted PB Ratio : 1.34 (As of May. 15, 2025)


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What is Japan Hotel REIT Investment Cyclically Adjusted PB Ratio?

As of today (2025-05-15), Japan Hotel REIT Investment's current share price is $457.29. Japan Hotel REIT Investment's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was $340.03. Japan Hotel REIT Investment's Cyclically Adjusted PB Ratio for today is 1.34.

The historical rank and industry rank for Japan Hotel REIT Investment's Cyclically Adjusted PB Ratio or its related term are showing as below:

NIPOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.54   Max: 2.16
Current: 1.44

During the past 13 years, Japan Hotel REIT Investment's highest Cyclically Adjusted PB Ratio was 2.16. The lowest was 0.56. And the median was 1.54.

NIPOF's Cyclically Adjusted PB Ratio is ranked worse than
79.01% of 524 companies
in the REITs industry
Industry Median: 0.785 vs NIPOF: 1.44

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Japan Hotel REIT Investment's adjusted book value per share data of for the fiscal year that ended in Dec24 was $361.487. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $340.03 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Hotel REIT Investment Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Japan Hotel REIT Investment's Cyclically Adjusted PB Ratio 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.

Japan Hotel REIT Investment Cyclically Adjusted PB Ratio Chart

Japan Hotel REIT Investment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 1.24 1.76 1.48 1.42

Japan Hotel REIT Investment Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Cyclically Adjusted PB Ratio 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 1.76 - 1.48 - 1.42

Competitive Comparison of Japan Hotel REIT Investment's Cyclically Adjusted PB Ratio

For the REIT - Hotel & Motel subindustry, Japan Hotel REIT Investment's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Japan Hotel REIT Investment's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Japan Hotel REIT Investment's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Japan Hotel REIT Investment's Cyclically Adjusted PB Ratio falls into.


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Japan Hotel REIT Investment Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Japan Hotel REIT Investment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=457.29/340.03
=1.34

* 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.

Japan Hotel REIT Investment's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Japan Hotel REIT Investment's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=361.487/110.7000*110.7000
=361.487

Current CPI (Dec24) = 110.7000.

Japan Hotel REIT Investment Annual Data

Book Value per Share CPI Adj_Book
201512 339.716 98.100 383.349
201612 417.038 98.400 469.168
201712 445.831 99.400 496.514
201812 451.906 99.700 501.765
201912 485.863 100.500 535.174
202012 477.618 99.300 532.450
202112 435.685 100.100 481.821
202212 41.859 104.100 44.513
202312 366.934 106.800 380.333
202412 361.487 110.700 361.487

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Japan Hotel REIT Investment  (OTCPK:NIPOF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Japan Hotel REIT Investment Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Japan Hotel REIT Investment's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Japan Hotel REIT Investment Business Description

Traded in Other Exchanges
Address
2-6-2, Hamamatsu-cho, Minato-ku, Tokyo, JPN, 105-0013
Japan Hotel REIT Investment Corp is a real estate investment trust. It aims to achieve stable earnings and sustainable growth in the asset from mid- to long-term perspectives. The company invests in business hotels, resort hotels and city hotels mainly located in the major metropolitan areas and other cities of Japan.

Japan Hotel REIT Investment Headlines