DAFVF (Daiwa Office Investment) Cyclically Adjusted PS Ratio: 9.92 (As of Jul. 05, 2026) — 20% Below Median


DAFVF Daiwa Office Investment Corp DAFVF
62 GF Score
Price $1,500.00
GF Value $1,579.97
! 4 Warning Signs
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What is Daiwa Office Investment Cyclically Adjusted PS Ratio?

Daiwa Office Investment DAFVF 62 Cyclically Adjusted PS Ratio is 9.92 as of Jul. 05, 2026, which is 20% below its 10-year median of 12.45. GuruFocus rates DAFVF with a GF Scoreâ„¢ of 62/100 and a GF Valueâ„¢ of $1,579.97. The stock has 4 warning signs investors should review. Among 557 REITs companies, Daiwa Office Investment ranks worse than 86% on this metric.

As of today (2026-07-05), Daiwa Office Investment's current share price is $1500.00. Daiwa Office Investment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov24 was $151.21. Daiwa Office Investment's Cyclically Adjusted PS Ratio for today is 9.92.

The historical rank and industry rank for Daiwa Office Investment's Cyclically Adjusted PS Ratio or its related term are showing as below:

DAFVF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.16   Med: 12.45   Max: 19.41
Current: 10.96

During the past 13 years, Daiwa Office Investment's highest Cyclically Adjusted PS Ratio was 19.41. The lowest was 9.16. And the median was 12.45.

DAFVF's Cyclically Adjusted PS Ratio is ranked worse than
86% of 557 companies
in the REITs industry
Industry Median: 5.88 vs DAFVF: 10.96

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Daiwa Office Investment's adjusted revenue per share data of for the fiscal year that ended in Nov24 was $197.964. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $151.21 for the trailing ten years ended in Nov24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daiwa Office Investment  (OTCPK:DAFVF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Daiwa Office Investment Cyclically Adjusted PS Ratio Related Terms


Daiwa Office Investment Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Daiwa Office Investment's Cyclically Adjusted PS 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.

Daiwa Office Investment Cyclically Adjusted PS Ratio Chart

Daiwa Office Investment Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.34 14.01 12.39 11.73 9.92

Daiwa Office Investment Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Cyclically Adjusted PS 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 11.73 0.00 9.92 0.00 12.03

DAFVF vs BXP, ARE, VNO: Cyclically Adjusted PS Ratio Comparison

For the REIT - Office subindustry, Daiwa Office Investment's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs REITs Industry

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

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


DAFVF
62GF Score
Daiwa Office Investment Corp DAFVF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Daiwa Office Investment Cyclically Adjusted PS Ratio Calculation

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

Daiwa Office Investment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1500.00/151.21
=9.92

* 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's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov24 is calculated as:

For example, Daiwa Office Investment's adjusted Revenue per Share data for the fiscal year that ended in Nov24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov24 (Change)*Current CPI (Nov24)
=197.964/110.0000*110.0000
=197.964

Current CPI (Nov24) = 110.0000.

Daiwa Office Investment Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201511 195.912 98.100 219.677
201611 236.794 98.600 264.172
201711 224.996 99.100 249.743
201811 238.095 100.000 261.905
201911 260.724 100.500 285.370
202011 283.472 99.500 313.386
202111 259.625 100.100 285.302
202211 208.086 103.900 220.303
202311 200.335 106.900 206.145
202411 197.964 110.000 197.964

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 9.92 mean?
Daiwa Office Investment (DAFVF) has a Cyclically Adjusted PS Ratio of 9.92 as of Jul. 05, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Daiwa Office Investment and its competitors. This is 20% below median its historical median of 12.45. Over the past decade, Daiwa Office Investment's Cyclically Adjusted PS Ratio has ranged from 9.16 to 19.41. According to the industry distribution chart, Daiwa Office Investment ranks #479 out of 557 companies in the REITs industry, placing it in the top 86%.
Is Daiwa Office Investment's Cyclically Adjusted PS Ratio too high?
Daiwa Office Investment's current Cyclically Adjusted PS Ratio of 9.92 is 20% below median its 10-year median of 12.45. Over the past 10 years, this metric has ranged from a low of 9.16 to a high of 19.41. The REITs industry median Cyclically Adjusted PS Ratio is 5.88. Daiwa Office Investment's value of 9.92 is 68.7% above this industry median. Based on the distribution chart, Daiwa Office Investment ranks #479 out of 557 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Daiwa Office Investment has a GF Scoreâ„¢ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Daiwa Office Investment's Cyclically Adjusted PS Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Daiwa Office Investment ranks #479 out of 557 companies for Cyclically Adjusted PS Ratio. This places Daiwa Office Investment in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.88. Daiwa Office Investment's value of 9.92 is 68.7% above this benchmark. Historically, Daiwa Office Investment's own Cyclically Adjusted PS Ratio has ranged from 9.16 to 19.41 over the past decade. While the company's 10-year median is 12.45 vs. the industry median of 5.88, Daiwa Office 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 PS Ratio for a REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.88, based on 557 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Daiwa Office Investment's current Cyclically Adjusted PS Ratio of 9.92 is 68.7% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Daiwa Office Investment and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa Office Investment's current Cyclically Adjusted PS Ratio is 9.92, which is 20% below median its own 10-year median of 12.45. 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?
Daiwa Office Investment (DAFVF) has a current Cyclically Adjusted PS Ratio of 9.92. The stock's GF Value™ is $1,579.97, compared to a current price of $1,500.00 — trading 5.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 9.92, which is 20% below median its 10-year median of 12.45 and 68.7% above the REITs industry median of 5.88. Daiwa Office Investment's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Daiwa Office Investment (DAFVF), the current Cyclically Adjusted PS Ratio is 9.92 as of Jul. 05, 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 (DAFVF) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa Office Investment stock appears to be undervalued. The current stock price of $1,500.00 is trading 5.1% below its estimated GF Value™ of $1,579.97.

Key valuation signals for DAFVF:

  • Cyclically Adjusted PS Ratio: 9.92 (20% below median its 10-year median of 12.45)
  • GF Value™: $1,579.97 vs. price of $1,500.00 (5.1% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 68.7% above the REITs median (#479 of 557)

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


Daiwa Office Investment Business Description

Industry Real EstateREITs
Other Exchanges 8976:Japan
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 DAFVF

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1,500.00
Price
$1,579.97
GF Value