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Nippon Building Fund (OTCPK:NBFJF) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Nippon Building Fund Forward PE Ratio Related Terms
Nippon Building Fund Forward PE Ratio Historical Data
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The historical data trend for Nippon Building Fund's Forward PE 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.
Nippon Building Fund Forward PE Ratio Chart
Nippon Building Fund Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
6.16
42.68
Nippon Building Fund Semi-Annual Data
2024-12
2025-06
2025-12
Forward PE Ratio
6.16
27.52
42.68
NBFJF vs BXP, ARE, VNO: Forward PE Ratio Comparison
For the REIT - Office subindustry, Nippon Building Fund's Forward PE Ratio, along with its competitors' market caps and Forward PE 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 Building Fund Forward PE Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Nippon Building Fund's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Nippon Building Fund's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Nippon Building Fund (NBFJF) has a Forward PE Ratio of 39.91 as of Aug. 04, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Nippon Building Fund and its competitors. According to the industry distribution chart, Nippon Building Fund ranks #382 out of 458 companies in the REITs industry, placing it in the top 83.4%.
Is Nippon Building Fund's Forward PE Ratio too high?
Nippon Building Fund's current Forward PE Ratio is 39.91. The REITs industry median Forward PE Ratio is 16.65. Nippon Building Fund's value of 39.91 is 139.7% above this industry median. Based on the distribution chart, Nippon Building Fund ranks #382 out of 458 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Nippon Building Fund has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Building Fund's Forward PE Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Nippon Building Fund ranks #382 out of 458 companies for Forward PE Ratio. This places Nippon Building Fund in the lower half of its industry. The industry median Forward PE Ratio is 16.65. Nippon Building Fund's value of 39.91 is 139.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a REITs company?
The median Forward PE Ratio among REITs companies is 16.65, based on 458 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nippon Building Fund's current Forward PE Ratio of 39.91 is 139.7% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Nippon Building Fund and its competitors. For the REITs industry, the median Forward PE Ratio is 16.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Building Fund's current Forward PE Ratio is 39.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Building Fund stock overvalued right now?
Nippon Building Fund (NBFJF) has a current Forward PE Ratio of 39.91. The stock's GF Value™ is $661.83, compared to a current price of $842.92 — trading 27.4% above its estimated fair value. The current Forward PE Ratio is 39.91 and 139.7% above the REITs industry median of 16.65. Nippon Building Fund's overall GF Score™ is 56/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Nippon Building Fund (NBFJF), the current Forward PE Ratio is 39.91 as of Aug. 04, 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 Building Fund (NBFJF) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Building Fund stock appears to be overvalued.
The current stock price of $842.92 is trading 27.4% above its estimated GF Value™ of $661.83.
Key valuation signals for NBFJF:
Forward PE Ratio: 39.91
GF Value™: $661.83 vs. price of $842.92 (27.4% above fair value)
Industry Position: 139.7% above the REITs median (#382 of 458)
No single metric tells the full story. See the NBFJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Building Fund Inc is a Japanese real estate investment trust engaged in the acquisition, ownership, and leasing of properties in the Greater Tokyo area. The company's real estate portfolio comprises of large corporate office buildings. The majority of these are located in the five wards of Tokyo's central business district. Office space located throughout the rest of Tokyo also makes up a substantial percentage of Nippon Building Fund's assets. The company derives the majority of its income in the form of rental revenue from tenants. Nippon Building Fund's customers are firms from the service, electrical equipment, and information and communications industries in terms of square footage used.
56GF Score
Get the complete analysis for NBFJF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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