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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.
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 Daiwa Securities Living Investment's Median PS Value or its related term are showing as below:
TSE:8986'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.84 Med: 1.21 Max: 1.35
Current: 0.85
During the past 13 years, the highest Price to Median PS Value of Daiwa Securities Living Investment was 1.35. The lowest was 0.84. And the median was 1.21.
TSE:8986's Price-to-Median-PS-Value is ranked better than 53.06% of 409
companies
in the REITs industry
Industry Median: 0.87
vs TSE:8986: 0.85
Daiwa Securities Living Investment (TSE:8986) 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.
Daiwa Securities Living Investment's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
99100.00
/
116,476.31
=
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.
Daiwa Securities Living Investment Median PS Value Related Terms
Daiwa Securities Living 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.
Daiwa Securities Living Investment Median PS Value Chart
TSE:8986 vs AVB, EQR, ESS: Median PS Value Comparison
For the REIT - Residential subindustry, Daiwa Securities Living 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.
Daiwa Securities Living Investment Price-to-Median-PS-Value vs REITs Industry
For the REITs industry and Real Estate sector, Daiwa Securities Living Investment's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Daiwa Securities Living Investment's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 9.3884.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Daiwa Securities Living Investment's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円12406.343.
* 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.
Daiwa Securities Living Investment (TSE:8986) has a Median PS Value of 円116,476.31 as of Jul. 15, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Daiwa Securities Living Investment and its competitors. This is 9626041% above median its historical median of 1.21. Over the past decade, Daiwa Securities Living Investment's Median PS Value has ranged from 0.84 to 1.35. According to the industry distribution chart, Daiwa Securities Living Investment ranks #192 out of 409 companies in the REITs industry, placing it in the top 46.9%.
Is Daiwa Securities Living Investment's Median PS Value too high?
Daiwa Securities Living Investment's current Median PS Value of 円116,476.31 is 9626041% above median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 1.35. Based on the distribution chart, Daiwa Securities Living Investment ranks #192 out of 409 companies in the REITs industry, which is above the industry midpoint. Overall, Daiwa Securities Living Investment has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Daiwa Securities Living Investment's Median PS Value compare to AVB and EQR?
According to the REITs industry distribution chart, Daiwa Securities Living Investment ranks #192 out of 409 companies for Median PS Value. This puts Daiwa Securities Living Investment in the upper half of its industry. The industry median Median PS Value is 0.87. Historically, Daiwa Securities Living Investment's own Median PS Value has ranged from 0.84 to 1.35 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 0.87, based on 409 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 Daiwa Securities Living Investment and its competitors. For the REITs 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. Daiwa Securities Living Investment's current Median PS Value is 円116,476.31, which is 9626041% above median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Securities Living Investment stock overvalued right now?
Based on GuruFocus' analysis, Daiwa Securities Living Investment (TSE:8986) is currently considered Modestly Undervalued. The stock's GF Value™ is 円114,113.20, compared to a current price of 円99,100.00 — trading 13.2% below its estimated fair value. The current Median PS Value is 円116,476.31, which is 9626041% above median its 10-year median of 1.21. Daiwa Securities Living Investment's overall GF Score™ is 68/100 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 Daiwa Securities Living Investment (TSE:8986), the current Median PS Value is 円116,476.31 as of Jul. 15, 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 Daiwa Securities Living Investment (TSE:8986) Overvalued in 2026?
Based on GuruFocus' analysis, Daiwa Securities Living Investment stock appears to be undervalued.
The current stock price of 円99,100.00 is trading 13.2% below its estimated GF Value™ of 円114,113.20.
GuruFocus considers Daiwa Securities Living Investment to be Modestly Undervalued.
Key valuation signals for TSE:8986:
Median PS Value: 円116,476.31 (9626041% above median its 10-year median of 1.21)
GF Value™: 円114,113.20 vs. price of 円99,100.00 (13.2% below fair value)
No single metric tells the full story. See the TSE:8986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiwa Securities Living Investment Business Description
Daiwa Securities Living Investment Corp is an investment company operating in Japan. It invests in specified assets such as real estates that are used for residential purposes which are located across Japan.
68GF Score
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