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The historical rank and industry rank for Hoshino Resorts REIT's PB Ratio or its related term are showing as below:
HOSHF'
s PB Ratio Range Over the Past 10 Years
Min: 0.55 Med: 1.2 Max: 1.73
Current: 0.95
During the past 13 years, Hoshino Resorts REIT's highest PB Ratio was 1.73. The lowest was 0.55. And the median was 1.20.
HOSHF's PB Ratio is ranked worse than 61.71% of 922
companies
in the REITs industry
Industry Median: 0.86
vs HOSHF: 0.95
During the past 12 months, Hoshino Resorts REIT's average Book Value Per Share Growth Rate was 0.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hoshino Resorts REIT was 12.70% per year. The lowest was -0.30% per year. And the median was 1.30% per year.
Back to Basics: PB Ratio
Hoshino Resorts REIT (OTCPK:HOSHF) 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.
Hoshino Resorts REIT PB Ratio Related Terms
Hoshino Resorts REIT PB Ratio Historical Data
* Premium members only.
The historical data trend for Hoshino Resorts REIT's PB Ratio 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.
For the REIT - Hotel & Motel subindustry, Hoshino Resorts REIT'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.
Hoshino Resorts REIT PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Hoshino Resorts REIT's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hoshino Resorts REIT'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.
Hoshino Resorts REIT (HOSHF) has a PB Ratio of 1.07 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hoshino Resorts REIT and its competitors. This is 11% below median its historical median of 1.20. Over the past decade, Hoshino Resorts REIT's PB Ratio has ranged from 0.55 to 1.73. According to the industry distribution chart, Hoshino Resorts REIT ranks #569 out of 922 companies in the REITs industry, placing it in the top 61.7%.
Is Hoshino Resorts REIT's PB Ratio too high?
Hoshino Resorts REIT's current PB Ratio of 1.07 is 11% below median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.73. The REITs industry median PB Ratio is 0.86. Hoshino Resorts REIT's value of 1.07 is 24.4% above this industry median. Based on the distribution chart, Hoshino Resorts REIT ranks #569 out of 922 companies in the REITs industry, which is below the industry midpoint. Overall, Hoshino Resorts REIT has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Hoshino Resorts REIT's PB Ratio compare to HST and RHP?
According to the REITs industry distribution chart, Hoshino Resorts REIT ranks #569 out of 922 companies for PB Ratio. This places Hoshino Resorts REIT in the lower half of its industry. The industry median PB Ratio is 0.86. Hoshino Resorts REIT's value of 1.07 is 24.4% above this benchmark. Historically, Hoshino Resorts REIT's own PB Ratio has ranged from 0.55 to 1.73 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 0.86, Hoshino Resorts REIT 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 0.86, based on 922 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. Hoshino Resorts REIT's current PB Ratio of 1.07 is 24.4% 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 Hoshino Resorts REIT and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoshino Resorts REIT's current PB Ratio is 1.07, which is 11% below median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoshino Resorts REIT stock overvalued right now?
Hoshino Resorts REIT (HOSHF) has a current PB Ratio of 1.07. The stock's GF Value™ is $2,193.50, compared to a current price of $1,679.02 — trading 23.5% below its estimated fair value. The current PB Ratio is 1.07, which is 11% below median its 10-year median of 1.20 and 24.4% above the REITs industry median of 0.86. Hoshino Resorts REIT's overall GF Score™ is 71/100 with 5 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 Hoshino Resorts REIT (HOSHF), the current PB Ratio is 1.07 as of Jul. 22, 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 Hoshino Resorts REIT (HOSHF) Overvalued in 2026?
Based on GuruFocus' analysis, Hoshino Resorts REIT stock appears to be undervalued.
The current stock price of $1,679.02 is trading 23.5% below its estimated GF Value™ of $2,193.50.
Key valuation signals for HOSHF:
PB Ratio: 1.07 (11% below median its 10-year median of 1.20)
GF Value™: $2,193.50 vs. price of $1,679.02 (23.5% below fair value)
Industry Position: 24.4% above the REITs median (#569 of 922)
No single metric tells the full story. See the HOSHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hoshino Resorts REIT Inc is a closed-end real estate investment trust company. It aims to achieve stable earnings and sustainable growth of its investment assets, by investing in hotels, Japanese-Style Inns, and related facilities.
71GF Score
Get the complete analysis for HOSHF
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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