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The historical rank and industry rank for Ichigo Hotel REIT Investment's Cyclically Adjusted PB Ratio or its related term are showing as below:
TSE:3463'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79 Med: 0.92 Max: 1.05
Current: 0.91
During the past 10 years, Ichigo Hotel REIT Investment's highest Cyclically Adjusted PB Ratio was 1.05. The lowest was 0.79. And the median was 0.92.
TSE:3463's Cyclically Adjusted PB Ratio is ranked worse than 56.32% of 554
companies
in the REITs industry
Industry Median: 0.805
vs TSE:3463: 0.91
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.
Ichigo Hotel REIT Investment's adjusted book value per share data of for the fiscal year that ended in Jul25 was 円125,613.260. 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 円135,460.99 for the trailing ten years ended in Jul25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Ichigo Hotel REIT Investment (TSE:3463) 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.
Ichigo Hotel REIT Investment Cyclically Adjusted PB Ratio Related Terms
Ichigo Hotel REIT Investment Cyclically Adjusted PB Ratio Historical Data
* 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.
Ichigo Hotel REIT Investment Cyclically Adjusted PB Ratio Chart
TSE:3463 vs HST, RHP, APLE: Cyclically Adjusted PB Ratio Comparison
For the REIT - Hotel & Motel subindustry, Ichigo 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.
Ichigo Hotel REIT Investment Cyclically Adjusted PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Ichigo Hotel REIT Investment's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Ichigo Hotel REIT Investment's Cyclically Adjusted PB Ratio falls into.
Ichigo 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.
* 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.
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.
What does a Cyclically Adjusted PB Ratio of 0.81 mean?
Ichigo Hotel REIT Investment (TSE:3463) has a Cyclically Adjusted PB Ratio of 0.81 as of Aug. 06, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Ichigo Hotel REIT Investment and its competitors. This is 12% below median its historical median of 0.92. Over the past decade, Ichigo Hotel REIT Investment's Cyclically Adjusted PB Ratio has ranged from 0.79 to 1.05. According to the industry distribution chart, Ichigo Hotel REIT Investment ranks #312 out of 554 companies in the REITs industry, placing it in the top 56.3%.
Is Ichigo Hotel REIT Investment's Cyclically Adjusted PB Ratio too high?
Ichigo Hotel REIT Investment's current Cyclically Adjusted PB Ratio of 0.81 is 12% below median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 1.05. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. Ichigo Hotel REIT Investment's value of 0.81 is 0.6% above this industry median. Based on the distribution chart, Ichigo Hotel REIT Investment ranks #312 out of 554 companies in the REITs industry, which is below the industry midpoint. Overall, Ichigo Hotel REIT Investment has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ichigo Hotel REIT Investment's Cyclically Adjusted PB Ratio compare to HST and RHP?
According to the REITs industry distribution chart, Ichigo Hotel REIT Investment ranks #312 out of 554 companies for Cyclically Adjusted PB Ratio. This places Ichigo Hotel REIT Investment in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.81. Ichigo Hotel REIT Investment's value of 0.81 is 0.6% above this benchmark. Historically, Ichigo Hotel REIT Investment's own Cyclically Adjusted PB Ratio has ranged from 0.79 to 1.05 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.81, Ichigo Hotel REIT Investment has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.81, based on 554 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ichigo Hotel REIT Investment's current Cyclically Adjusted PB Ratio of 0.81 is 0.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Ichigo Hotel REIT Investment and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichigo Hotel REIT Investment's current Cyclically Adjusted PB Ratio is 0.81, which is 12% below median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo Hotel REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Ichigo Hotel REIT Investment (TSE:3463) is currently considered Possible Value Trap. The stock's GF Value™ is 円170,424.37, compared to a current price of 円109,500.00 — trading 35.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.81, which is 12% below median its 10-year median of 0.92 and 0.6% above the REITs industry median of 0.81. Ichigo Hotel REIT Investment's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Ichigo Hotel REIT Investment (TSE:3463), the current Cyclically Adjusted PB Ratio is 0.81 as of Aug. 06, 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 Ichigo Hotel REIT Investment (TSE:3463) Overvalued in 2026?
Based on GuruFocus' analysis, Ichigo Hotel REIT Investment stock appears to be undervalued.
The current stock price of 円109,500.00 is trading 35.7% below its estimated GF Value™ of 円170,424.37.
GuruFocus considers Ichigo Hotel REIT Investment to be Possible Value Trap.
Key valuation signals for TSE:3463:
Cyclically Adjusted PB Ratio: 0.81 (12% below median its 10-year median of 0.92)
GF Value™: 円170,424.37 vs. price of 円109,500.00 (35.7% below fair value)
Industry Position: 0.6% above the REITs median (#312 of 554)
No single metric tells the full story. See the TSE:3463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichigo Hotel REIT Investment Corp operates as a real estate investment trust (REIT) investing in hotel properties. Its investment portfolio includes hotel properties in Sapporo, Kushiro, Yokohama, Tokyo, Hamamatsu, Nagoya, Tokoname, Suzuka, Kyoto, Kobe, Okayama, Osaka, Matsuyama, Hiroshima, Fukuoka and Okinawa.
62GF Score
Get the complete analysis for TSE:3463
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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