NIPOF (Japan Hotel REIT Investment) PB Ratio: 1.28 (As of Jun. 24, 2026) — 15% Below Median


NIPOF Japan Hotel REIT Investment Corp NIPOF
75 GF Score
Price $471.74
GF Value $755.11
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Japan Hotel REIT Investment PB Ratio?

Japan Hotel REIT Investment NIPOF 75 PB Ratio is 1.28 as of Jun. 24, 2026, which is 15% below its 10-year median of 1.51. GuruFocus rates NIPOF with a GF Score™ of 75/100 and a GF Value™ of $755.11 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 929 REITs companies, Japan Hotel REIT Investment ranks worse than 82.13% 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 (2026-06-24), Japan Hotel REIT Investment's share price is $471.74. Japan Hotel REIT Investment's Book Value per Share for the quarter that ended in Dec. 2025 was $368.84. Hence, Japan Hotel REIT Investment's PB Ratio of today is 1.28.

Good Sign:

Japan Hotel REIT Investment Corp stock PB Ratio (=1.34) is close to 3-year low of 1.23.

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

NIPOF' s PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.51   Max: 14.79
Current: 1.27

During the past 13 years, Japan Hotel REIT Investment's highest PB Ratio was 14.79. The lowest was 0.47. And the median was 1.51.

NIPOF's PB Ratio is ranked worse than
82.13% of 929 companies
in the REITs industry
Industry Median: 0.87 vs NIPOF: 1.27

During the past 12 months, Japan Hotel REIT Investment's average Book Value Per Share Growth Rate was 3.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 116.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.00% 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 Japan Hotel REIT Investment was 116.70% per year. The lowest was -52.60% per year. And the median was 2.60% per year.

Back to Basics: PB Ratio


Japan Hotel REIT Investment  (OTCPK:NIPOF) 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.


Japan Hotel REIT Investment PB Ratio Related Terms


Japan Hotel REIT Investment PB Ratio Historical Data

* Premium members only.

The historical data trend for Japan Hotel 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.

Japan Hotel REIT Investment PB Ratio Chart

Japan Hotel REIT Investment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 10.93 1.25 1.33 1.41

Japan Hotel REIT Investment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.25 1.53 1.33 1.34 1.41

NIPOF vs HST, RHP, APLE: PB Ratio Comparison

For the REIT - Hotel & Motel subindustry, Japan Hotel 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.


Japan Hotel REIT Investment PB Ratio vs REITs Industry

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

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


NIPOF
75GF Score
Japan Hotel REIT Investment Corp NIPOF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Hotel 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=471.74/368.838
=1.28

* 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 1.28 mean?
Japan Hotel REIT Investment (NIPOF) has a PB Ratio of 1.28 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Japan Hotel REIT Investment and its competitors. This is 15% below median its historical median of 1.51. Over the past decade, Japan Hotel REIT Investment's PB Ratio has ranged from 0.47 to 14.79. According to the industry distribution chart, Japan Hotel REIT Investment ranks #763 out of 929 companies in the REITs industry, placing it in the top 82.1%.
Is Japan Hotel REIT Investment's PB Ratio too high?
Japan Hotel REIT Investment's current PB Ratio of 1.28 is 15% below median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 14.79. The REITs industry median PB Ratio is 0.87. Japan Hotel REIT Investment's value of 1.28 is 47.1% above this industry median. Based on the distribution chart, Japan Hotel REIT Investment ranks #763 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Japan Hotel REIT Investment has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Japan Hotel REIT Investment's PB Ratio compare to HST and RHP?
According to the REITs industry distribution chart, Japan Hotel REIT Investment ranks #763 out of 929 companies for PB Ratio. This places Japan Hotel REIT Investment in the lower half of its industry. The industry median PB Ratio is 0.87. Japan Hotel REIT Investment's value of 1.28 is 47.1% above this benchmark. Historically, Japan Hotel REIT Investment's own PB Ratio has ranged from 0.47 to 14.79 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 0.87, Japan Hotel 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 0.87, based on 929 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. Japan Hotel REIT Investment's current PB Ratio of 1.28 is 47.1% 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 Japan Hotel REIT 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. Japan Hotel REIT Investment's current PB Ratio is 1.28, which is 15% below median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Hotel REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Japan Hotel REIT Investment (NIPOF) is currently considered Possible Value Trap. The stock's GF Value™ is $755.11, compared to a current price of $471.74 — trading 37.5% below its estimated fair value. The current PB Ratio is 1.28, which is 15% below median its 10-year median of 1.51 and 47.1% above the REITs industry median of 0.87. Japan Hotel REIT Investment's overall GF Score™ is 75/100 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 Japan Hotel REIT Investment (NIPOF), the current PB Ratio is 1.28 as of Jun. 24, 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 Japan Hotel REIT Investment (NIPOF) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Hotel REIT Investment stock appears to be undervalued. The current stock price of $471.74 is trading 37.5% below its estimated GF Value™ of $755.11. GuruFocus considers Japan Hotel REIT Investment to be Possible Value Trap.

Key valuation signals for NIPOF:

  • PB Ratio: 1.28 (15% below median its 10-year median of 1.51)
  • GF Value™: $755.11 vs. price of $471.74 (37.5% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 47.1% above the REITs median (#763 of 929)

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


Japan Hotel REIT Investment Business Description

Industry Real EstateREITs
Other Exchanges 8985:Japan
Address 4-1-18, Ebisu, Shibuya-ku, Ebisu Neonato 4th Floor, Tokyo, JPN, 150-0013
Japan Hotel REIT Investment Corp is a real estate investment trust. It aims to achieve stable earnings and sustainable growth in the asset from mid- to long-term perspectives. The company invests in business hotels, resort hotels, and city hotels, mainly located in the metropolitan areas and other cities of Japan.
75GF Score

Get the complete analysis for NIPOF

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

$471.74
Price
$755.11
GF Value