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Sankei Real EstateTSE:2972 -0.26%59 PB Ratio is 1.17 as of Jul. 14, 2026, which is 31% above its 10-year median of 0.89. GuruFocus rates TSE:2972 with a GF Score™ of 59/100 and a GF Value™ of 円85,601.71 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 929 REITs companies, Sankei Real Estate ranks worse than 76.32% on this metric.
Sankei Real Estate Inc stock PB Ratio (=1.17) is close to 10-year high of 1.29.
The historical rank and industry rank for Sankei Real Estate's PB Ratio or its related term are showing as below:
TSE:2972'
s PB Ratio Range Over the Past 10 Years
Min: 0.68 Med: 0.89 Max: 1.29
Current: 1.17
During the past 7 years, Sankei Real Estate's highest PB Ratio was 1.29. The lowest was 0.68. And the median was 0.89.
TSE:2972's PB Ratio is ranked worse than 76.32% of 929
companies
in the REITs industry
Industry Median: 0.86
vs TSE:2972: 1.17
During the past 12 months, Sankei Real Estate's average Book Value Per Share Growth Rate was -10.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.70% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Sankei Real Estate was 1.10% per year. The lowest was -0.20% per year. And the median was 1.00% per year.
Back to Basics: PB Ratio
Sankei Real Estate (TSE:2972) 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.
Sankei Real Estate PB Ratio Related Terms
Sankei Real Estate PB Ratio Historical Data
* Premium members only.
The historical data trend for Sankei Real Estate'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 - Office subindustry, Sankei Real Estate'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.
Sankei Real Estate PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Sankei Real Estate's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sankei Real Estate'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.
Sankei Real Estate (TSE:2972) has a PB Ratio of 1.17 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sankei Real Estate and its competitors. This is 31% above median its historical median of 0.89. Over the past decade, Sankei Real Estate's PB Ratio has ranged from 0.68 to 1.29. According to the industry distribution chart, Sankei Real Estate ranks #709 out of 929 companies in the REITs industry, placing it in the top 76.3%.
Is Sankei Real Estate's PB Ratio too high?
Sankei Real Estate's current PB Ratio of 1.17 is 31% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.29. The REITs industry median PB Ratio is 0.86. Sankei Real Estate's value of 1.17 is 36% above this industry median. Based on the distribution chart, Sankei Real Estate ranks #709 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Sankei Real Estate has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sankei Real Estate's PB Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Sankei Real Estate ranks #709 out of 929 companies for PB Ratio. This places Sankei Real Estate in the lower half of its industry. The industry median PB Ratio is 0.86. Sankei Real Estate's value of 1.17 is 36% above this benchmark. Historically, Sankei Real Estate's own PB Ratio has ranged from 0.68 to 1.29 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.86, Sankei Real Estate 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 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. Sankei Real Estate's current PB Ratio of 1.17 is 36% 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 Sankei Real Estate 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. Sankei Real Estate's current PB Ratio is 1.17, which is 31% 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 Sankei Real Estate stock overvalued right now?
Based on GuruFocus' analysis, Sankei Real Estate (TSE:2972) is currently considered Significantly Overvalued. The stock's GF Value™ is 円85,601.71, compared to a current price of 円113,700.00 — trading 32.8% above its estimated fair value. The current PB Ratio is 1.17, which is 31% above median its 10-year median of 0.89 and 36% above the REITs industry median of 0.86. Sankei Real Estate's overall GF Score™ is 59/100 with 9 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 Sankei Real Estate (TSE:2972), the current PB Ratio is 1.17 as of Jul. 14, 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 Sankei Real Estate (TSE:2972) Overvalued in 2026?
Based on GuruFocus' analysis, Sankei Real Estate stock appears to be overvalued.
The current stock price of 円113,700.00 is trading 32.8% above its estimated GF Value™ of 円85,601.71.
GuruFocus considers Sankei Real Estate to be Significantly Overvalued.
Key valuation signals for TSE:2972:
PB Ratio: 1.17 (31% above median its 10-year median of 0.89)
GF Value™: 円85,601.71 vs. price of 円113,700.00 (32.8% above fair value)
Industry Position: 36% above the REITs median (#709 of 929)
No single metric tells the full story. See the TSE:2972 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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