JRHIF (Daiwa Securities Living Investment) Cyclically Adjusted PS Ratio: 9.40 (As of Jul. 16, 2026) — Near Median

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JRHIF Daiwa Securities Living Investment Corp JRHIF
68 GF Score
Price $642.54
GF Value $748.98
! 6 Warning Signs
View Full Analysis

What is Daiwa Securities Living Investment Cyclically Adjusted PS Ratio?

Daiwa Securities Living Investment JRHIF 68 Cyclically Adjusted PS Ratio is 9.40 as of Jul. 16, 2026, which is 4% below its 10-year median of 9.76. GuruFocus rates JRHIF with a GF Score™ of 68/100 and a GF Value™ of $748.98. The stock has 6 warning signs investors should review. Among 554 REITs companies, Daiwa Securities Living Investment ranks worse than 71.84% on this metric.

As of today (2026-07-16), Daiwa Securities Living Investment's current share price is $642.54. Daiwa Securities Living Investment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep25 was $68.37. Daiwa Securities Living Investment's Cyclically Adjusted PS Ratio for today is 9.40.

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

JRHIF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.24   Med: 9.76   Max: 12.79
Current: 8.57

During the past 13 years, Daiwa Securities Living Investment's highest Cyclically Adjusted PS Ratio was 12.79. The lowest was 7.24. And the median was 9.76.

JRHIF's Cyclically Adjusted PS Ratio is ranked worse than
71.84% of 554 companies
in the REITs industry
Industry Median: 5.91 vs JRHIF: 8.57

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 Securities Living Investment's adjusted revenue per share data of for the fiscal year that ended in Sep25 was $84.091. 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 $68.37 for the trailing ten years ended in Sep25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daiwa Securities Living Investment  (OTCPK:JRHIF) 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 Securities Living Investment Cyclically Adjusted PS Ratio Related Terms


Daiwa Securities Living Investment Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Daiwa Securities Living 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 Securities Living Investment Cyclically Adjusted PS Ratio Chart

Daiwa Securities Living Investment Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.36 11.24 10.47 8.85 9.40

Daiwa Securities Living Investment Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.00 8.85 0.00 9.40 0.00

JRHIF vs AVB, EQR, ESS: Cyclically Adjusted PS Ratio Comparison

For the REIT - Residential subindustry, Daiwa Securities Living 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 Securities Living Investment Cyclically Adjusted PS Ratio vs REITs Industry

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

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


JRHIF
68GF Score
Daiwa Securities Living Investment Corp JRHIF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=642.54/68.37
=9.40

* 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 Securities Living Investment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep25 is calculated as:

For example, Daiwa Securities Living Investment's adjusted Revenue per Share data for the fiscal year that ended in Sep25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep25 (Change)*Current CPI (Sep25)
=84.091/112.0000*112.0000
=84.091

Current CPI (Sep25) = 112.0000.

Daiwa Securities Living Investment Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201609 96.315 98.000 110.074
201709 93.542 98.800 106.040
201809 89.946 99.900 100.840
201909 94.787 100.100 106.055
202009 91.704 99.900 102.811
202109 91.289 100.100 102.142
202209 71.848 103.100 78.050
202309 71.640 106.200 75.553
202409 79.745 108.900 82.015
202509 84.091 112.000 84.091

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 9.40 mean?
Daiwa Securities Living Investment (JRHIF) has a Cyclically Adjusted PS Ratio of 9.40 as of Jul. 16, 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 Securities Living Investment and its competitors. This is near median its historical median of 9.76. Over the past decade, Daiwa Securities Living Investment's Cyclically Adjusted PS Ratio has ranged from 7.24 to 12.79. According to the industry distribution chart, Daiwa Securities Living Investment ranks #398 out of 554 companies in the REITs industry, placing it in the top 71.8%.
Is Daiwa Securities Living Investment's Cyclically Adjusted PS Ratio too high?
Daiwa Securities Living Investment's current Cyclically Adjusted PS Ratio of 9.40 is near median its 10-year median of 9.76. Over the past 10 years, this metric has ranged from a low of 7.24 to a high of 12.79. The REITs industry median Cyclically Adjusted PS Ratio is 5.91. Daiwa Securities Living Investment's value of 9.40 is 59.1% above this industry median. Based on the distribution chart, Daiwa Securities Living Investment ranks #398 out of 554 companies in the REITs industry, which is below the industry midpoint. Overall, Daiwa Securities Living Investment has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Daiwa Securities Living Investment's Cyclically Adjusted PS Ratio compare to AVB and EQR?
According to the REITs industry distribution chart, Daiwa Securities Living Investment ranks #398 out of 554 companies for Cyclically Adjusted PS Ratio. This places Daiwa Securities Living Investment in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.91. Daiwa Securities Living Investment's value of 9.40 is 59.1% above this benchmark. Historically, Daiwa Securities Living Investment's own Cyclically Adjusted PS Ratio has ranged from 7.24 to 12.79 over the past decade. While the company's 10-year median is 9.76 vs. the industry median of 5.91, Daiwa Securities Living 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 5.91, based on 554 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 Securities Living Investment's current Cyclically Adjusted PS Ratio of 9.40 is 59.1% 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 Securities Living Investment and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa Securities Living Investment's current Cyclically Adjusted PS Ratio is 9.40, which is near median its own 10-year median of 9.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Securities Living Investment stock overvalued right now?
Daiwa Securities Living Investment (JRHIF) has a current Cyclically Adjusted PS Ratio of 9.40. The stock's GF Value™ is $748.98, compared to a current price of $642.54 — trading 14.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 9.40, which is near median its 10-year median of 9.76 and 59.1% above the REITs industry median of 5.91. Daiwa Securities Living Investment's overall GF Score™ is 68/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Daiwa Securities Living Investment (JRHIF), the current Cyclically Adjusted PS Ratio is 9.40 as of Jul. 16, 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 Securities Living Investment (JRHIF) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa Securities Living Investment stock appears to be undervalued. The current stock price of $642.54 is trading 14.2% below its estimated GF Value™ of $748.98.

Key valuation signals for JRHIF:

  • Cyclically Adjusted PS Ratio: 9.40 (near median its 10-year median of 9.76)
  • GF Value™: $748.98 vs. price of $642.54 (14.2% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 59.1% above the REITs median (#398 of 554)

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


Daiwa Securities Living Investment Business Description

Industry Real EstateREITs
Other Exchanges 8986:Japan
Address 6-2-1 Ginza, Chuo-ku, Tokyo, JPN, 105-0004
Daiwa Securities Living Investment Corp is an investment company operating in Japan. It invests in specified assets such as real estates that are used for residential purposes which are located across Japan.
68GF Score

Get the complete analysis for JRHIF

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

$642.54
Price
$748.98
GF Value