Ichigo Hotel REIT Investment (TSE:3463) Cyclically Adjusted PS Ratio: 7.62 (As of Jul. 30, 2026) — Near Median

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TSE:3463 Ichigo Hotel REIT Investment Corp TSE:3463
69 GF Score
Price 円118,000.00
GF Value 円169,784.78
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Ichigo Hotel REIT Investment Cyclically Adjusted PS Ratio?

Ichigo Hotel REIT Investment TSE:3463 -3.12% 69 Cyclically Adjusted PS Ratio is 7.62 as of Jul. 30, 2026, which is 5% below its 10-year median of 8.05. GuruFocus rates TSE:3463 with a GF Score™ of 69/100 and a GF Value™ of 円169,784.78 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 546 REITs companies, Ichigo Hotel REIT Investment ranks worse than 67.58% on this metric.

As of today (2026-07-30), Ichigo Hotel REIT Investment's current share price is 円118000.00. Ichigo Hotel REIT Investment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul25 was 円15,478.19. Ichigo Hotel REIT Investment's Cyclically Adjusted PS Ratio for today is 7.62.

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

TSE:3463' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.93   Med: 8.05   Max: 9.15
Current: 7.92

During the past 10 years, Ichigo Hotel REIT Investment's highest Cyclically Adjusted PS Ratio was 9.15. The lowest was 6.93. And the median was 8.05.

TSE:3463's Cyclically Adjusted PS Ratio is ranked worse than
67.58% of 546 companies
in the REITs industry
Industry Median: 5.895 vs TSE:3463: 7.92

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.

Ichigo Hotel REIT Investment's adjusted revenue per share data of for the fiscal year that ended in Jul25 was 円25,327.948. 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 円15,478.19 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 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.


Ichigo Hotel REIT Investment Cyclically Adjusted PS Ratio Related Terms


Ichigo Hotel REIT Investment Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ichigo Hotel REIT 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.

Ichigo Hotel REIT Investment Cyclically Adjusted PS Ratio Chart

Ichigo Hotel REIT Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 8.52

Ichigo Hotel REIT Investment Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.00 0.00 8.52 0.00

TSE:3463 vs HST, RHP, APLE: Cyclically Adjusted PS Ratio Comparison

For the REIT - Hotel & Motel subindustry, Ichigo Hotel REIT 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.


Ichigo Hotel REIT Investment Cyclically Adjusted PS Ratio vs REITs Industry

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

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


TSE:3463
69GF Score
Ichigo Hotel REIT Investment Corp TSE:3463
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ichigo Hotel REIT 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.

Ichigo Hotel REIT Investment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=118000.00/15478.19
=7.62

* 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's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul25 is calculated as:

For example, Ichigo Hotel REIT Investment's adjusted Revenue per Share data for the fiscal year that ended in Jul25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jul25 (Change)*Current CPI (Jul25)
=25327.948/111.9000*111.9000
=25,327.948

Current CPI (Jul25) = 111.9000.

Ichigo Hotel REIT Investment Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201607 10,461.387 97.900 11,957.397
201707 12,891.798 98.300 14,675.404
201807 14,047.270 99.200 15,845.660
201907 16,586.506 99.800 18,597.495
202007 17,702.424 100.000 19,809.012
202107 8,445.231 99.700 9,478.649
202207 9,310.549 102.300 10,184.266
202307 13,073.514 105.700 13,840.362
202407 14,621.365 108.600 15,065.661
202507 25,327.948 111.900 25,327.948

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 7.62 mean?
Ichigo Hotel REIT Investment (TSE:3463) has a Cyclically Adjusted PS Ratio of 7.62 as of Jul. 30, 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 Ichigo Hotel REIT Investment and its competitors. This is near median its historical median of 8.05. Over the past decade, Ichigo Hotel REIT Investment's Cyclically Adjusted PS Ratio has ranged from 6.93 to 9.15. According to the industry distribution chart, Ichigo Hotel REIT Investment ranks #369 out of 546 companies in the REITs industry, placing it in the top 67.6%.
Is Ichigo Hotel REIT Investment's Cyclically Adjusted PS Ratio too high?
Ichigo Hotel REIT Investment's current Cyclically Adjusted PS Ratio of 7.62 is near median its 10-year median of 8.05. Over the past 10 years, this metric has ranged from a low of 6.93 to a high of 9.15. The REITs industry median Cyclically Adjusted PS Ratio is 5.90. Ichigo Hotel REIT Investment's value of 7.62 is 29.3% above this industry median. Based on the distribution chart, Ichigo Hotel REIT Investment ranks #369 out of 546 companies in the REITs industry, which is below the industry midpoint. Overall, Ichigo Hotel REIT Investment has a GF Score™ of 69/100 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 PS Ratio compare to HST and RHP?
According to the REITs industry distribution chart, Ichigo Hotel REIT Investment ranks #369 out of 546 companies for Cyclically Adjusted PS Ratio. This places Ichigo Hotel REIT Investment in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.90. Ichigo Hotel REIT Investment's value of 7.62 is 29.3% above this benchmark. Historically, Ichigo Hotel REIT Investment's own Cyclically Adjusted PS Ratio has ranged from 6.93 to 9.15 over the past decade. While the company's 10-year median is 8.05 vs. the industry median of 5.90, 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 PS Ratio for a REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.90, based on 546 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. Ichigo Hotel REIT Investment's current Cyclically Adjusted PS Ratio of 7.62 is 29.3% 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 Ichigo Hotel REIT Investment and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.90 — 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 PS Ratio is 7.62, which is near median its own 10-year median of 8.05. 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169,784.78, compared to a current price of 円118,000.00 — trading 30.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.62, which is near median its 10-year median of 8.05 and 29.3% above the REITs industry median of 5.90. Ichigo Hotel REIT Investment's overall GF Score™ is 69/100 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 Ichigo Hotel REIT Investment (TSE:3463), the current Cyclically Adjusted PS Ratio is 7.62 as of Jul. 30, 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118,000.00 is trading 30.5% below its estimated GF Value™ of 円169,784.78. GuruFocus considers Ichigo Hotel REIT Investment to be Possible Value Trap.

Key valuation signals for TSE:3463:

  • Cyclically Adjusted PS Ratio: 7.62 (near median its 10-year median of 8.05)
  • GF Value™: 円169,784.78 vs. price of 円118,000.00 (30.5% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 29.3% above the REITs median (#369 of 546)

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 Business Description

Industry Real EstateREITs
Address Marunouchi Park Building, 2-6-1 Marunouchi, 20th floor, Chiyoda-ku, Tokyo, JPN, 100-6920
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.
69GF Score

Get the complete analysis for TSE:3463

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

円118,000.00
Price
円169,784.78
GF Value