Nomura Real Estate HoldingsNMEHF 85 PB Ratio is 0.98 as of Jul. 05, 2026, which is 10% above its 10-year median of 0.89. GuruFocus rates NMEHF with a GF Score™ of 85/100 and a GF Value™ of $6.67 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,713 Real Estate companies, Nomura Real Estate Holdings ranks worse than 59.95% on this metric.
Nomura Real Estate Holdings Inc stock PB Ratio (=1.01) is close to 1-year low of 0.95.
The historical rank and industry rank for Nomura Real Estate Holdings's PB Ratio or its related term are showing as below:
NMEHF'
s PB Ratio Range Over the Past 10 Years
Min: 0.49 Med: 0.89 Max: 1.34
Current: 1.01
During the past 13 years, Nomura Real Estate Holdings's highest PB Ratio was 1.34. The lowest was 0.49. And the median was 0.89.
NMEHF's PB Ratio is ranked worse than 59.95% of 1713
companies
in the Real Estate industry
Industry Median: 0.83
vs NMEHF: 1.01
During the past 12 months, Nomura Real Estate Holdings's average Book Value Per Share Growth Rate was 7.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nomura Real Estate Holdings was 57.30% per year. The lowest was 0.90% per year. And the median was 7.25% per year.
Back to Basics: PB Ratio
Nomura Real Estate Holdings (OTCPK:NMEHF) 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.
Nomura Real Estate Holdings PB Ratio Related Terms
Nomura Real Estate Holdings PB Ratio Historical Data
* 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 Real Estate Services subindustry, Nomura Real Estate Holdings'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.
Nomura Real Estate Holdings PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Nomura Real Estate Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nomura Real Estate Holdings'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.
Nomura Real Estate Holdings (NMEHF) has a PB Ratio of 0.98 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 Nomura Real Estate Holdings and its competitors. This is 10% above median its historical median of 0.89. Over the past decade, Nomura Real Estate Holdings' PB Ratio has ranged from 0.49 to 1.34. According to the industry distribution chart, Nomura Real Estate Holdings ranks #1027 out of 1713 companies in the Real Estate industry, placing it in the top 60%.
Is Nomura Real Estate Holdings' PB Ratio too high?
Nomura Real Estate Holdings' current PB Ratio of 0.98 is 10% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.34. The Real Estate industry median PB Ratio is 0.83. Nomura Real Estate Holdings' value of 0.98 is 18.1% above this industry median. Based on the distribution chart, Nomura Real Estate Holdings ranks #1027 out of 1713 companies in the Real Estate industry, which is below the industry midpoint. Overall, Nomura Real Estate Holdings has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nomura Real Estate Holdings' PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Nomura Real Estate Holdings ranks #1027 out of 1713 companies for PB Ratio. This places Nomura Real Estate Holdings in the lower half of its industry. The industry median PB Ratio is 0.83. Nomura Real Estate Holdings' value of 0.98 is 18.1% above this benchmark. Historically, Nomura Real Estate Holdings' own PB Ratio has ranged from 0.49 to 1.34 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.83, Nomura Real Estate Holdings 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.83, based on 1,713 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. Nomura Real Estate Holdings's current PB Ratio of 0.98 is 18.1% 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 Nomura Real Estate Holdings and its competitors. For the Real Estate industry, the median PB Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Real Estate Holdings's current PB Ratio is 0.98, which is 10% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Real Estate Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nomura Real Estate Holdings (NMEHF) is currently considered Modestly Undervalued. The stock's GF Value™ is $6.67, compared to a current price of $5.77 — trading 13.5% below its estimated fair value. The current PB Ratio is 0.98, which is 10% above median its 10-year median of 0.89 and 18.1% above the Real Estate industry median of 0.83. Nomura Real Estate Holdings' overall GF Score™ is 85/100 with 3 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 Nomura Real Estate Holdings (NMEHF), the current PB Ratio is 0.98 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 Nomura Real Estate Holdings (NMEHF) Overvalued in 2026?
Based on GuruFocus' analysis, Nomura Real Estate Holdings stock appears to be undervalued.
The current stock price of $5.77 is trading 13.5% below its estimated GF Value™ of $6.67.
GuruFocus considers Nomura Real Estate Holdings to be Modestly Undervalued.
Key valuation signals for NMEHF:
PB Ratio: 0.98 (10% above median its 10-year median of 0.89)
GF Value™: $6.67 vs. price of $5.77 (13.5% below fair value)
Industry Position: 18.1% above the Real Estate median (#1027 of 1713)
No single metric tells the full story. See the NMEHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nomura Real Estate Holdings Inc comprises Nomura Real Estate Development and other group companies. It operates in residential development, leasing, investment management, property brokerage, commercial real estate, property management, and other areas. Residential development is the leading business and provides a diverse group of services. Condominiums and detached housing are among the various property types offered. The group launches numerous properties under its branded names, like Proud and Ohana, in various parts of the Tokyo metropolitan area. In addition to commercial property development, the group provides corporate real estate brokerage and architectural design.
85GF Score
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