GLP J-REITTSE:3281 -1.35%72 Median PS Value is 円162,108.84 as of Jun. 29, 2026, which is 100% below its 10-year median of 0.88. GuruFocus rates TSE:3281 with a GF Score™ of 72/100 and a GF Value™ of 円145,856.74 (Fairly Valued). The stock has 6 warning signs investors should review. Among 411 REITs companies, GLP J-REIT ranks better than 52.55% 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.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. GLP J-REIT's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was 円12364.854. GLP J-REIT's 10-Year median PS Ratio is 13.1105. Therefore, the Median PS Value for today is 円162,108.84.
As of today (2026-06-29), GLP J-REIT's share price is 円138400.00. GLP J-REIT's Median PS Value is 円162,108.84. Therefore, GLP J-REIT's Price to Median PS Value for today is 0.85.
The historical rank and industry rank for GLP J-REIT's Median PS Value or its related term are showing as below:
TSE:3281'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.85 Med: 0.88 Max: 0.91
Current: 0.85
During the past 13 years, the highest Price to Median PS Value of GLP J-REIT was 0.91. The lowest was 0.85. And the median was 0.88.
TSE:3281's Price-to-Median-PS-Value is ranked better than 52.55% of 411
companies
in the REITs industry
Industry Median: 0.88
vs TSE:3281: 0.85
GLP J-REIT (TSE:3281) 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.
GLP J-REIT's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
138400.00
/
162,108.84
=
0.85
* 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.
GLP J-REIT Median PS Value Related Terms
GLP J-REIT Median PS Value Historical Data
* Premium members only.
The historical data trend for GLP J-REIT's Median PS Value 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.
TSE:3281 vs PLD, PSA, EXR: Median PS Value Comparison
For the REIT - Industrial subindustry, GLP J-REIT'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.
GLP J-REIT Price-to-Median-PS-Value vs REITs Industry
For the REITs industry and Real Estate sector, GLP J-REIT's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where GLP J-REIT's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 13.1105.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. GLP J-REIT's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was 円12364.854.
* 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.
GLP J-REIT (TSE:3281) has a Median PS Value of 円162,108.84 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 GLP J-REIT and its competitors. This is 18421359% above median its historical median of 0.88. Over the past decade, GLP J-REIT's Median PS Value has ranged from 0.85 to 0.91. According to the industry distribution chart, GLP J-REIT ranks #195 out of 411 companies in the REITs industry, placing it in the top 47.4%.
Is GLP J-REIT's Median PS Value too high?
GLP J-REIT's current Median PS Value of 円162,108.84 is 18421359% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 0.91. Based on the distribution chart, GLP J-REIT ranks #195 out of 411 companies in the REITs industry, which is above the industry midpoint. Overall, GLP J-REIT has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GLP J-REIT's Median PS Value compare to PLD and PSA?
According to the REITs industry distribution chart, GLP J-REIT ranks #195 out of 411 companies for Median PS Value. This puts GLP J-REIT in the upper half of its industry. The industry median Median PS Value is 0.88. Historically, GLP J-REIT's own Median PS Value has ranged from 0.85 to 0.91 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 REITs company?
The median Median PS Value among REITs companies is 0.88, based on 411 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 GLP J-REIT and its competitors. For the REITs industry, the median Median PS Value is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GLP J-REIT's current Median PS Value is 円162,108.84, which is 18421359% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GLP J-REIT stock overvalued right now?
Based on GuruFocus' analysis, GLP J-REIT (TSE:3281) is currently considered Fairly Valued. The stock's GF Value™ is 円145,856.74, compared to a current price of 円138,400.00 — trading 5.1% below its estimated fair value. The current Median PS Value is 円162,108.84, which is 18421359% above median its 10-year median of 0.88. GLP J-REIT's overall GF Score™ is 72/100 with 6 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 GLP J-REIT (TSE:3281), the current Median PS Value is 円162,108.84 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 GLP J-REIT (TSE:3281) Overvalued in 2026?
Based on GuruFocus' analysis, GLP J-REIT stock appears to be undervalued.
The current stock price of 円138,400.00 is trading 5.1% below its estimated GF Value™ of 円145,856.74.
GuruFocus considers GLP J-REIT to be Fairly Valued.
Key valuation signals for TSE:3281:
Median PS Value: 円162,108.84 (18421359% above median its 10-year median of 0.88)
GF Value™: 円145,856.74 vs. price of 円138,400.00 (5.1% below fair value)
No single metric tells the full story. See the TSE:3281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.
72GF Score
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