ESCON Japan REIT Investment (TSE:2971) PB Ratio: 1.00 (As of Jul. 31, 2026) — Near Median

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TSE:2971 ESCON Japan REIT Investment Corp TSE:2971
60 GF Score
Price 円111,800.00
GF Value 円134,535.91
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is ESCON Japan REIT Investment PB Ratio?

ESCON Japan REIT Investment TSE:2971 -1.32% 60 PB Ratio is 1.00 as of Jul. 31, 2026, which is 8% below its 10-year median of 1.09. GuruFocus rates TSE:2971 with a GF Score™ of 60/100 and a GF Value™ of 円134,535.91 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 915 REITs companies, ESCON Japan REIT Investment ranks worse than 66.56% on this metric.

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. As of today (2026-07-31), ESCON Japan REIT Investment's share price is 円111800.00. ESCON Japan REIT Investment's Book Value per Share for the quarter that ended in Jan. 2026 was 円112,126.76. Hence, ESCON Japan REIT Investment's PB Ratio of today is 1.00.

Good Sign:

ESCON Japan REIT Investment Corp stock PB Ratio (=1.04) is close to 5-year low of 0.94.

The historical rank and industry rank for ESCON Japan REIT Investment's PB Ratio or its related term are showing as below:

TSE:2971' s PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.09   Max: 1.5
Current: 1

During the past 7 years, ESCON Japan REIT Investment's highest PB Ratio was 1.50. The lowest was 0.71. And the median was 1.09.

TSE:2971's PB Ratio is ranked worse than
66.56% of 915 companies
in the REITs industry
Industry Median: 0.86 vs TSE:2971: 1.00

During the past 12 months, ESCON Japan REIT Investment's 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 1.70% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of ESCON Japan REIT Investment was 3.90% per year. The lowest was 0.00% per year. And the median was 2.40% per year.

Back to Basics: PB Ratio


ESCON Japan REIT Investment  (TSE:2971) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


ESCON Japan REIT Investment PB Ratio Related Terms


ESCON Japan REIT Investment PB Ratio Historical Data

* Premium members only.

The historical data trend for ESCON Japan REIT Investment'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.

ESCON Japan REIT Investment PB Ratio Chart

ESCON Japan REIT Investment Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
PB Ratio
Get a 7-Day Free Trial 1.44 1.07 1.04 1.06 1.11

ESCON Japan REIT Investment Semi-Annual Data
Oct17 Apr18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.06 1.06 1.00 1.11 1.12

TSE:2971 vs SPG, O, KIM: PB Ratio Comparison

For the REIT - Retail subindustry, ESCON Japan REIT 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.


ESCON Japan REIT Investment PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, ESCON Japan REIT Investment's PB Ratio distribution charts can be found below:

* The bar in red indicates where ESCON Japan REIT Investment's PB Ratio falls into.


TSE:2971
60GF Score
ESCON Japan REIT Investment Corp TSE:2971
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ESCON Japan REIT Investment PB Ratio Calculation

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.

ESCON Japan REIT Investment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=111800.00/112126.762
=1.00

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.00 mean?
ESCON Japan REIT Investment (TSE:2971) has a PB Ratio of 1.00 as of Jul. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ESCON Japan REIT Investment and its competitors. This is near median its historical median of 1.09. Over the past decade, ESCON Japan REIT Investment's PB Ratio has ranged from 0.71 to 1.50. According to the industry distribution chart, ESCON Japan REIT Investment ranks #609 out of 915 companies in the REITs industry, placing it in the top 66.6%.
Is ESCON Japan REIT Investment's PB Ratio too high?
ESCON Japan REIT Investment's current PB Ratio of 1.00 is near median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.50. The REITs industry median PB Ratio is 0.86. ESCON Japan REIT Investment's value of 1.00 is 16.3% above this industry median. Based on the distribution chart, ESCON Japan REIT Investment ranks #609 out of 915 companies in the REITs industry, which is below the industry midpoint. Overall, ESCON Japan REIT Investment has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ESCON Japan REIT Investment's PB Ratio compare to SPG and O?
According to the REITs industry distribution chart, ESCON Japan REIT Investment ranks #609 out of 915 companies for PB Ratio. This places ESCON Japan REIT Investment in the lower half of its industry. The industry median PB Ratio is 0.86. ESCON Japan REIT Investment's value of 1.00 is 16.3% above this benchmark. Historically, ESCON Japan REIT Investment's own PB Ratio has ranged from 0.71 to 1.50 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 0.86, ESCON Japan REIT 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 0.86, based on 915 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. ESCON Japan REIT Investment's current PB Ratio of 1.00 is 16.3% 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 ESCON Japan REIT Investment 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. ESCON Japan REIT Investment's current PB Ratio is 1.00, which is near median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ESCON Japan REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, ESCON Japan REIT Investment (TSE:2971) is currently considered Modestly Undervalued. The stock's GF Value™ is 円134,535.91, compared to a current price of 円111,800.00 — trading 16.9% below its estimated fair value. The current PB Ratio is 1.00, which is near median its 10-year median of 1.09 and 16.3% above the REITs industry median of 0.86. ESCON Japan REIT Investment's overall GF Score™ is 60/100 with 7 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 ESCON Japan REIT Investment (TSE:2971), the current PB Ratio is 1.00 as of Jul. 31, 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 ESCON Japan REIT Investment (TSE:2971) Overvalued in 2026?

Based on GuruFocus' analysis, ESCON Japan REIT Investment stock appears to be undervalued. The current stock price of 円111,800.00 is trading 16.9% below its estimated GF Value™ of 円134,535.91. GuruFocus considers ESCON Japan REIT Investment to be Modestly Undervalued.

Key valuation signals for TSE:2971:

  • PB Ratio: 1.00 (near median its 10-year median of 1.09)
  • GF Value™: 円134,535.91 vs. price of 円111,800.00 (16.9% below fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 16.3% above the REITs median (#609 of 915)

No single metric tells the full story. See the TSE:2971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ESCON Japan REIT Investment Business Description

Industry Real EstateREITs
Address Okura Prestige Tower 20F, 2-10-4 Toranomon, Minato-ku, Tokyo, JPN, 105-0001
ESCON Japan REIT Investment Corp is a Japanese real estate investment trust that invests in lifestyle-related assets. Its main investment is leasehold land properties known as "sokochi," with stable, high-quality commercial facilities occupying the site.
60GF Score

Get the complete analysis for TSE:2971

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円111,800.00
Price
円134,535.91
GF Value