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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 Ichigo Office REIT Investment's Median PS Value or its related term are showing as below:
TSE:8975'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.76 Med: 0.91 Max: 1.24
Current: 1.04
During the past 13 years, the highest Price to Median PS Value of Ichigo Office REIT Investment was 1.24. The lowest was 0.76. And the median was 0.91.
TSE:8975's Price-to-Median-PS-Value is ranked worse than 77.83% of 406
companies
in the REITs industry
Industry Median: 0.845
vs TSE:8975: 1.04
Ichigo Office REIT Investment (TSE:8975) 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.
Ichigo Office REIT Investment's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
96000.00
/
92,503.07
=
1.04
* 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 Office REIT Investment Median PS Value Related Terms
Ichigo Office REIT Investment 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.
Ichigo Office REIT Investment Median PS Value Chart
TSE:8975 vs BXP, ARE, VNO: Median PS Value Comparison
For the REIT - Office subindustry, Ichigo Office REIT Investment'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.
Ichigo Office REIT Investment Price-to-Median-PS-Value vs REITs Industry
For the REITs industry and Real Estate sector, Ichigo Office REIT Investment's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Ichigo Office REIT Investment's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 7.8914.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ichigo Office REIT Investment's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was 円11722.034.
* 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 Office REIT Investment (TSE:8975) has a Median PS Value of 円92,503.07 as of Aug. 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 Ichigo Office REIT Investment and its competitors. According to the industry distribution chart, Ichigo Office REIT Investment ranks #316 out of 406 companies in the REITs industry, placing it in the top 77.8%.
Is Ichigo Office REIT Investment's Median PS Value too high?
Ichigo Office REIT Investment's current Median PS Value is 円92,503.07. Based on the distribution chart, Ichigo Office REIT Investment ranks #316 out of 406 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Ichigo Office REIT Investment has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ichigo Office REIT Investment's Median PS Value compare to BXP and ARE?
According to the REITs industry distribution chart, Ichigo Office REIT Investment ranks #316 out of 406 companies for Median PS Value. This places Ichigo Office REIT Investment in the lower half of its industry. The industry median Median PS Value is 0.85. 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 0.85, based on 406 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 Ichigo Office REIT Investment and its competitors. For the REITs industry, the median Median PS Value is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichigo Office REIT Investment's current Median PS Value is 円92,503.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo Office REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Ichigo Office REIT Investment (TSE:8975) is currently considered Fairly Valued. The stock's GF Value™ is 円88,031.39, compared to a current price of 円96,000.00 — trading 9.1% above its estimated fair value. The current Median PS Value is 円92,503.07. Ichigo Office REIT Investment's overall GF Score™ is 67/100 with 11 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 Ichigo Office REIT Investment (TSE:8975), the current Median PS Value is 円92,503.07 as of Aug. 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 Ichigo Office REIT Investment (TSE:8975) Overvalued in 2026?
Based on GuruFocus' analysis, Ichigo Office REIT Investment stock appears to be overvalued.
The current stock price of 円96,000.00 is trading 9.1% above its estimated GF Value™ of 円88,031.39.
GuruFocus considers Ichigo Office REIT Investment to be Fairly Valued.
Key valuation signals for TSE:8975:
Median PS Value: 円92,503.07
GF Value™: 円88,031.39 vs. price of 円96,000.00 (9.1% above fair value)
No single metric tells the full story. See the TSE:8975 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichigo Office REIT Investment Corp is investment company operating in Japan. Its investment strategy is focused on mid-size offices which offer return stability and upside potential. The company seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a wide array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. It provides stable cash flows, supporting stable dividends and upside for shareholders through rental income earned in mid-size offices.
67GF Score
Get the complete analysis for TSE:8975
Median PS Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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