The historical rank and industry rank for Daiwa Office Investment's PB Ratio or its related term are showing as below:
DAFVF'
s PB Ratio Range Over the Past 10 Years
Min: 0.83 Med: 1.25 Max: 1.75
Current: 1.28
During the past 13 years, Daiwa Office Investment's highest PB Ratio was 1.75. The lowest was 0.83. And the median was 1.25.
DAFVF's PB Ratio is ranked worse than 80.77% of 931
companies
in the REITs industry
Industry Median: 0.87
vs DAFVF: 1.28
During the past 12 months, Daiwa Office Investment's average Book Value Per Share Growth Rate was 0.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Daiwa Office Investment was 0.70% per year. The lowest was -0.10% per year. And the median was 0.20% per year.
Back to Basics: PB Ratio
Daiwa Office Investment (OTCPK:DAFVF) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* 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.
For the REIT - Office subindustry, Daiwa Office Investment's PB Ratio, along with its competitors' market caps and PB 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.
Daiwa Office Investment PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Daiwa Office Investment's PB Ratio distribution charts can be found below:
* The bar in red indicates where Daiwa Office Investment's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Daiwa Office Investment (DAFVF) has a PB Ratio of 0.90 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Daiwa Office Investment and its competitors. This is 28% below median its historical median of 1.25. Over the past decade, Daiwa Office Investment's PB Ratio has ranged from 0.83 to 1.75. According to the industry distribution chart, Daiwa Office Investment ranks #752 out of 931 companies in the REITs industry, placing it in the top 80.8%.
Is Daiwa Office Investment's PB Ratio too high?
Daiwa Office Investment's current PB Ratio of 0.90 is 28% below median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.75. The REITs industry median PB Ratio is 0.87. Daiwa Office Investment's value of 0.90 is 3.4% above this industry median. Based on the distribution chart, Daiwa Office Investment ranks #752 out of 931 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Daiwa Office Investment has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Daiwa Office Investment's PB Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Daiwa Office Investment ranks #752 out of 931 companies for PB Ratio. This places Daiwa Office Investment in the lower half of its industry. The industry median PB Ratio is 0.87. Daiwa Office Investment's value of 0.90 is 3.4% above this benchmark. Historically, Daiwa Office Investment's own PB Ratio has ranged from 0.83 to 1.75 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 0.87, Daiwa Office Investment has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a REITs company?
The median PB Ratio among REITs companies is 0.87, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Daiwa Office Investment's current PB Ratio of 0.90 is 3.4% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Daiwa Office Investment and its competitors. For the REITs industry, the median PB Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa Office Investment's current PB Ratio is 0.90, which is 28% below median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Office Investment stock overvalued right now?
Daiwa Office Investment (DAFVF) has a current PB Ratio of 0.90. The stock's GF Value™ is $1,579.97, compared to a current price of $1,500.00 — trading 5.1% below its estimated fair value. The current PB Ratio is 0.90, which is 28% below median its 10-year median of 1.25 and 3.4% above the REITs industry median of 0.87. Daiwa Office Investment's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Daiwa Office Investment (DAFVF), the current PB Ratio is 0.90 as of Jul. 05, 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 Office Investment (DAFVF) Overvalued in 2026?
Based on GuruFocus' analysis, Daiwa Office Investment stock appears to be undervalued.
The current stock price of $1,500.00 is trading 5.1% below its estimated GF Value™ of $1,579.97.
Key valuation signals for DAFVF:
PB Ratio: 0.90 (28% below median its 10-year median of 1.25)
GF Value™: $1,579.97 vs. price of $1,500.00 (5.1% below fair value)
Industry Position: 3.4% above the REITs median (#752 of 931)
No single metric tells the full story. See the DAFVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.
62GF Score
Get the complete analysis for DAFVF
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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