Global One Real Estate Investment (TSE:8958) PB Ratio: 1.08 (As of Jul. 21, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

TSE:8958 Global One Real Estate Investment Corp TSE:8958
61 GF Score
Price 円110,700.00
GF Value 円138,405.13
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Global One Real Estate Investment PB Ratio?

Global One Real Estate Investment TSE:8958 -0.36% 61 PB Ratio is 1.08 as of Jul. 21, 2026, which is 2% below its 10-year median of 1.10. GuruFocus rates TSE:8958 with a GF Score™ of 61/100 and a GF Value™ of 円138,405.13 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 928 REITs companies, Global One Real Estate Investment ranks worse than 71.98% 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 (2026-07-21), Global One Real Estate Investment's share price is 円110700.00. Global One Real Estate Investment's Book Value per Share for the quarter that ended in Mar. 2026 was 円102,814.15. Hence, Global One Real Estate Investment's PB Ratio of today is 1.08.

Good Sign:

Global One Real Estate Investment Corp stock PB Ratio (=1.08) is close to 1-year low of 1.05.

The historical rank and industry rank for Global One Real Estate Investment's PB Ratio or its related term are showing as below:

TSE:8958' s PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.1   Max: 1.54
Current: 1.08

During the past 13 years, Global One Real Estate Investment's highest PB Ratio was 1.54. The lowest was 0.66. And the median was 1.10.

TSE:8958's PB Ratio is ranked worse than
71.98% of 928 companies
in the REITs industry
Industry Median: 0.86 vs TSE:8958: 1.08

During the past 3 years, the average Book Value Per Share Growth Rate was 0.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Global One Real Estate Investment was 1.20% per year. The lowest was -0.40% per year. And the median was 0.30% per year.

Back to Basics: PB Ratio


Global One Real Estate Investment  (TSE:8958) 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.


Global One Real Estate Investment PB Ratio Related Terms


Global One Real Estate Investment PB Ratio Historical Data

* Premium members only.

The historical data trend for Global One Real Estate 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.

Global One Real Estate Investment PB Ratio Chart

Global One Real Estate Investment Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.09 1.13 0.98 1.39

Global One Real Estate Investment Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only 1.07 0.98 1.11 1.39 1.17

TSE:8958 vs BXP, ARE, VNO: PB Ratio Comparison

For the REIT - Office subindustry, Global One Real Estate 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.


Global One Real Estate Investment PB Ratio vs REITs Industry

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

* The bar in red indicates where Global One Real Estate Investment's PB Ratio falls into.


TSE:8958
61GF Score
Global One Real Estate Investment Corp TSE:8958
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global One Real Estate 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.

Global One Real Estate Investment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=110700.00/102814.147
=1.08

* 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 1.08 mean?
Global One Real Estate Investment (TSE:8958) has a PB Ratio of 1.08 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Global One Real Estate Investment and its competitors. This is near median its historical median of 1.10. Over the past decade, Global One Real Estate Investment's PB Ratio has ranged from 0.66 to 1.54. According to the industry distribution chart, Global One Real Estate Investment ranks #668 out of 928 companies in the REITs industry, placing it in the top 72%.
Is Global One Real Estate Investment's PB Ratio too high?
Global One Real Estate Investment's current PB Ratio of 1.08 is near median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.54. The REITs industry median PB Ratio is 0.86. Global One Real Estate Investment's value of 1.08 is 25.6% above this industry median. Based on the distribution chart, Global One Real Estate Investment ranks #668 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, Global One Real Estate Investment has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Global One Real Estate Investment's PB Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Global One Real Estate Investment ranks #668 out of 928 companies for PB Ratio. This places Global One Real Estate Investment in the lower half of its industry. The industry median PB Ratio is 0.86. Global One Real Estate Investment's value of 1.08 is 25.6% above this benchmark. Historically, Global One Real Estate Investment's own PB Ratio has ranged from 0.66 to 1.54 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 0.86, Global One Real Estate 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 928 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. Global One Real Estate Investment's current PB Ratio of 1.08 is 25.6% 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 Global One Real Estate 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. Global One Real Estate Investment's current PB Ratio is 1.08, which is near median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global One Real Estate Investment stock overvalued right now?
Based on GuruFocus' analysis, Global One Real Estate Investment (TSE:8958) is currently considered Modestly Undervalued. The stock's GF Value™ is 円138,405.13, compared to a current price of 円110,700.00 — trading 20% below its estimated fair value. The current PB Ratio is 1.08, which is near median its 10-year median of 1.10 and 25.6% above the REITs industry median of 0.86. Global One Real Estate Investment's overall GF Score™ is 61/100 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 Global One Real Estate Investment (TSE:8958), the current PB Ratio is 1.08 as of Jul. 21, 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 Global One Real Estate Investment (TSE:8958) Overvalued in 2026?

Based on GuruFocus' analysis, Global One Real Estate Investment stock appears to be undervalued. The current stock price of 円110,700.00 is trading 20% below its estimated GF Value™ of 円138,405.13. GuruFocus considers Global One Real Estate Investment to be Modestly Undervalued.

Key valuation signals for TSE:8958:

  • PB Ratio: 1.08 (near median its 10-year median of 1.10)
  • GF Value™: 円138,405.13 vs. price of 円110,700.00 (20% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 25.6% above the REITs median (#668 of 928)

No single metric tells the full story. See the TSE:8958 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global One Real Estate Investment Business Description

Industry Real EstateREITs
Address Otemachi First Square 1-5-1, 13th Floor East Tower, Otemachi, Chiyoda-ku, Tokyo, JPN
Global One Real Estate Investment Corp is a real estate investment company based in Japan focused on pursuing maximum returns for unitholders. Its key watchwords in selecting properties are Conveniently situated; Newly or recently built; and Large office buildings. The group cautiously selects prime properties at prime locations with an sustainable competitiveness in the marketplace.
61GF Score

Get the complete analysis for TSE:8958

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

円110,700.00
Price
円138,405.13
GF Value