Nomura Real Estate HoldingsTSE:3231 +1.92%82 Median PS Value is 円874.14 as of Jun. 29, 2026, which is 100% below its 10-year median of 1.16. GuruFocus rates TSE:3231 with a GF Score™ of 82/100 and a GF Value™ of 円1,084.03 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,093 Real Estate companies, Nomura Real Estate Holdings ranks worse than 62.76% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Nomura Real Estate Holdings's Median PS Value or its related term are showing as below:
TSE:3231'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.69 Med: 1.16 Max: 1.41
Current: 1.08
During the past 13 years, the highest Price to Median PS Value of Nomura Real Estate Holdings was 1.41. The lowest was 0.69. And the median was 1.16.
TSE:3231's Price-to-Median-PS-Value is ranked worse than 62.76% of 1093
companies
in the Real Estate industry
Industry Median: 0.87
vs TSE:3231: 1.08
Nomura Real Estate Holdings (TSE:3231) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Nomura Real Estate Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
943.80
/
874.14
=
1.08
* 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.
Nomura Real Estate Holdings Median PS Value Related Terms
Nomura Real Estate Holdings Median PS Value 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.
TSE:3231 vs CBRE, BEKE, JLL: Median PS Value Comparison
For the Real Estate Services subindustry, Nomura Real Estate Holdings's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Nomura Real Estate Holdings Price-to-Median-PS-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Nomura Real Estate Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Nomura Real Estate Holdings's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.7963.
Nomura Real Estate Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1097.82.
* 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.
Nomura Real Estate Holdings (TSE:3231) has a Median PS Value of 円874.14 as of Jun. 29, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Nomura Real Estate Holdings and its competitors. This is 75257% above median its historical median of 1.16. Over the past decade, Nomura Real Estate Holdings' Median PS Value has ranged from 0.69 to 1.41. According to the industry distribution chart, Nomura Real Estate Holdings ranks #686 out of 1093 companies in the Real Estate industry, placing it in the top 62.8%.
Is Nomura Real Estate Holdings' Median PS Value too high?
Nomura Real Estate Holdings' current Median PS Value of 円874.14 is 75257% above median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.41. Based on the distribution chart, Nomura Real Estate Holdings ranks #686 out of 1093 companies in the Real Estate industry, which is below the industry midpoint. Overall, Nomura Real Estate Holdings has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nomura Real Estate Holdings' Median PS Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Nomura Real Estate Holdings ranks #686 out of 1093 companies for Median PS Value. This places Nomura Real Estate Holdings in the lower half of its industry. The industry median Median PS Value is 0.87. Historically, Nomura Real Estate Holdings' own Median PS Value has ranged from 0.69 to 1.41 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Real Estate company?
The median Median PS Value among Real Estate companies is 0.87, based on 1,093 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Nomura Real Estate Holdings and its competitors. For the Real Estate industry, the median Median PS Value is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Real Estate Holdings's current Median PS Value is 円874.14, which is 75257% above median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Real Estate Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nomura Real Estate Holdings (TSE:3231) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,084.03, compared to a current price of 円943.80 — trading 12.9% below its estimated fair value. The current Median PS Value is 円874.14, which is 75257% above median its 10-year median of 1.16. Nomura Real Estate Holdings' overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Nomura Real Estate Holdings (TSE:3231), the current Median PS Value is 円874.14 as of Jun. 29, 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 Nomura Real Estate Holdings (TSE:3231) Overvalued in 2026?
Based on GuruFocus' analysis, Nomura Real Estate Holdings stock appears to be undervalued.
The current stock price of 円943.80 is trading 12.9% below its estimated GF Value™ of 円1,084.03.
GuruFocus considers Nomura Real Estate Holdings to be Modestly Undervalued.
Key valuation signals for TSE:3231:
Median PS Value: 円874.14 (75257% above median its 10-year median of 1.16)
GF Value™: 円1,084.03 vs. price of 円943.80 (12.9% below fair value)
No single metric tells the full story. See the TSE:3231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nomura Real Estate Holdings Inc comprises Nomura Real Estate Development and other group companies. It operates in residential development, leasing, investment management, property brokerage, commercial real estate, property management, and other areas. Residential development is the leading business and provides a diverse group of services. Condominiums and detached housing are among the various property types offered. The group launches numerous properties under its branded names, like Proud and Ohana, in various parts of the Tokyo metropolitan area. In addition to commercial property development, the group provides corporate real estate brokerage and architectural design.
82GF Score
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