Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Nippon Hotel & Residential Investment's Cyclically Adjusted PS Ratio or its related term are showing as below:
TSE:3472'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.02 Med: 5.68 Max: 6.22
Current: 5.19
During the past 10 years, Nippon Hotel & Residential Investment's highest Cyclically Adjusted PS Ratio was 6.22. The lowest was 5.02. And the median was 5.68.
TSE:3472's Cyclically Adjusted PS Ratio is ranked better than 56.59% of 546
companies
in the REITs industry
Industry Median: 5.885
vs TSE:3472: 5.19
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.
Nippon Hotel & Residential Investment's adjusted revenue per share data of for the fiscal year that ended in Nov25 was 円11,551.942. 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12,562.63 for the trailing ten years ended in Nov25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Nippon Hotel & Residential Investment (TSE:3472) 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.
Nippon Hotel & Residential Investment Cyclically Adjusted PS Ratio Related Terms
Nippon Hotel & Residential Investment Cyclically Adjusted PS 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.
Nippon Hotel & Residential Investment Cyclically Adjusted PS Ratio Chart
TSE:3472 vs HST, RHP, APLE: Cyclically Adjusted PS Ratio Comparison
For the REIT - Hotel & Motel subindustry, Nippon Hotel & Residential 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.
Nippon Hotel & Residential Investment Cyclically Adjusted PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Nippon Hotel & Residential Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Nippon Hotel & Residential Investment's Cyclically Adjusted PS Ratio falls into.
Nippon Hotel & Residential 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.
* 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 PS Ratio of 5.26 mean?
Nippon Hotel & Residential Investment (TSE:3472) has a Cyclically Adjusted PS Ratio of 5.26 as of Jul. 31, 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 Nippon Hotel & Residential Investment and its competitors. This is near median its historical median of 5.68. Over the past decade, Nippon Hotel & Residential Investment's Cyclically Adjusted PS Ratio has ranged from 5.02 to 6.22. According to the industry distribution chart, Nippon Hotel & Residential Investment ranks #237 out of 546 companies in the REITs industry, placing it in the top 43.4%.
Is Nippon Hotel & Residential Investment's Cyclically Adjusted PS Ratio too high?
Nippon Hotel & Residential Investment's current Cyclically Adjusted PS Ratio of 5.26 is near median its 10-year median of 5.68. Over the past 10 years, this metric has ranged from a low of 5.02 to a high of 6.22. The REITs industry median Cyclically Adjusted PS Ratio is 5.89. Nippon Hotel & Residential Investment's value of 5.26 is 10.6% below this industry median. Based on the distribution chart, Nippon Hotel & Residential Investment ranks #237 out of 546 companies in the REITs industry, which is above the industry midpoint. Overall, Nippon Hotel & Residential Investment has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Hotel & Residential Investment's Cyclically Adjusted PS Ratio compare to HST and RHP?
According to the REITs industry distribution chart, Nippon Hotel & Residential Investment ranks #237 out of 546 companies for Cyclically Adjusted PS Ratio. This puts Nippon Hotel & Residential Investment in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.89. Nippon Hotel & Residential Investment's value of 5.26 is 10.6% below this benchmark. Historically, Nippon Hotel & Residential Investment's own Cyclically Adjusted PS Ratio has ranged from 5.02 to 6.22 over the past decade. While the company's 10-year median is 5.68 vs. the industry median of 5.89, Nippon Hotel & Residential Investment has consistently been below 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 5.89, 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. Nippon Hotel & Residential Investment's current Cyclically Adjusted PS Ratio of 5.26 is 10.6% below 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 Nippon Hotel & Residential Investment and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Hotel & Residential Investment's current Cyclically Adjusted PS Ratio is 5.26, which is near median its own 10-year median of 5.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Hotel & Residential Investment stock overvalued right now?
Based on GuruFocus' analysis, Nippon Hotel & Residential Investment (TSE:3472) is currently considered Modestly Undervalued. The stock's GF Value™ is 円74,649.07, compared to a current price of 円66,100.00 — trading 11.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.26, which is near median its 10-year median of 5.68 and 10.6% below the REITs industry median of 5.89. Nippon Hotel & Residential Investment's overall GF Score™ is 57/100 with 5 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 Nippon Hotel & Residential Investment (TSE:3472), the current Cyclically Adjusted PS Ratio is 5.26 as of Jul. 31, 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 Nippon Hotel & Residential Investment (TSE:3472) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Hotel & Residential Investment stock appears to be undervalued.
The current stock price of 円66,100.00 is trading 11.5% below its estimated GF Value™ of 円74,649.07.
GuruFocus considers Nippon Hotel & Residential Investment to be Modestly Undervalued.
Key valuation signals for TSE:3472:
Cyclically Adjusted PS Ratio: 5.26 (near median its 10-year median of 5.68)
GF Value™: 円74,649.07 vs. price of 円66,100.00 (11.5% below fair value)
Industry Position: 10.6% below the REITs median (#237 of 546)
No single metric tells the full story. See the TSE:3472 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Hotel & Residential Investment Corp is a real estate investment trust. The firm invests in onsen and spa-related facilities, and Accomodation. The company principally invests in hot spring-related industries, such as hotels, hot spring facilities and theme parks.
57GF Score
Get the complete analysis for TSE:3472
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3472 has been successfully added to your 
