Ichigo Hotel REIT Investment Corp stock PB Ratio (=0.94) is close to 2-year low of 0.85.
The historical rank and industry rank for Ichigo Hotel REIT Investment's PB Ratio or its related term are showing as below:
TSE:3463'
s PB Ratio Range Over the Past 10 Years
Min: 0.34 Med: 0.93 Max: 1.55
Current: 0.95
During the past 10 years, Ichigo Hotel REIT Investment's highest PB Ratio was 1.55. The lowest was 0.34. And the median was 0.93.
TSE:3463's PB Ratio is ranked worse than 59.87% of 927
companies
in the REITs industry
Industry Median: 0.86
vs TSE:3463: 0.95
During the past 12 months, Ichigo Hotel REIT Investment's average Book Value Per Share Growth Rate was -4.60% per year.
During the past 3 years, the 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 0.10% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Ichigo Hotel REIT Investment was 6.70% per year. The lowest was -0.60% per year. And the median was -0.10% per year.
Back to Basics: PB Ratio
Ichigo Hotel REIT Investment (TSE:3463) 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.
Ichigo Hotel REIT Investment PB Ratio Related Terms
Ichigo Hotel REIT Investment 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 REIT - Hotel & Motel subindustry, Ichigo 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.
Ichigo Hotel REIT Investment PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Ichigo Hotel REIT Investment's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ichigo Hotel REIT Investment'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.
Ichigo Hotel REIT Investment (TSE:3463) has a PB Ratio of 0.95 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ichigo Hotel REIT Investment and its competitors. This is near median its historical median of 0.93. Over the past decade, Ichigo Hotel REIT Investment's PB Ratio has ranged from 0.34 to 1.55. According to the industry distribution chart, Ichigo Hotel REIT Investment ranks #555 out of 927 companies in the REITs industry, placing it in the top 59.9%.
Is Ichigo Hotel REIT Investment's PB Ratio too high?
Ichigo Hotel REIT Investment's current PB Ratio of 0.95 is near median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 1.55. The REITs industry median PB Ratio is 0.86. Ichigo Hotel REIT Investment's value of 0.95 is 10.5% above this industry median. Based on the distribution chart, Ichigo Hotel REIT Investment ranks #555 out of 927 companies in the REITs industry, which is below the industry midpoint. Overall, Ichigo Hotel REIT Investment has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ichigo Hotel REIT Investment's PB Ratio compare to HST and RHP?
According to the REITs industry distribution chart, Ichigo Hotel REIT Investment ranks #555 out of 927 companies for PB Ratio. This places Ichigo Hotel REIT Investment in the lower half of its industry. The industry median PB Ratio is 0.86. Ichigo Hotel REIT Investment's value of 0.95 is 10.5% above this benchmark. Historically, Ichigo Hotel REIT Investment's own PB Ratio has ranged from 0.34 to 1.55 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.86, Ichigo 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 0.86, based on 927 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. Ichigo Hotel REIT Investment's current PB Ratio of 0.95 is 10.5% 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 Ichigo Hotel 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. Ichigo Hotel REIT Investment's current PB Ratio is 0.95, which is near median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo Hotel REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Ichigo Hotel REIT Investment (TSE:3463) is currently considered Modestly Undervalued. The stock's GF Value™ is 円168,081.11, compared to a current price of 円118,800.00 — trading 29.3% below its estimated fair value. The current PB Ratio is 0.95, which is near median its 10-year median of 0.93 and 10.5% above the REITs industry median of 0.86. Ichigo Hotel REIT Investment's overall GF Score™ is 66/100 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 Ichigo Hotel REIT Investment (TSE:3463), the current PB Ratio is 0.95 as of Jul. 09, 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 Ichigo Hotel REIT Investment (TSE:3463) Overvalued in 2026?
Based on GuruFocus' analysis, Ichigo Hotel REIT Investment stock appears to be undervalued.
The current stock price of 円118,800.00 is trading 29.3% below its estimated GF Value™ of 円168,081.11.
GuruFocus considers Ichigo Hotel REIT Investment to be Modestly Undervalued.
Key valuation signals for TSE:3463:
PB Ratio: 0.95 (near median its 10-year median of 0.93)
GF Value™: 円168,081.11 vs. price of 円118,800.00 (29.3% below fair value)
Industry Position: 10.5% above the REITs median (#555 of 927)
No single metric tells the full story. See the TSE:3463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichigo Hotel REIT Investment Corp operates as a real estate investment trust (REIT) investing in hotel properties. Its investment portfolio includes hotel properties in Sapporo, Kushiro, Yokohama, Tokyo, Hamamatsu, Nagoya, Tokoname, Suzuka, Kyoto, Kobe, Okayama, Osaka, Matsuyama, Hiroshima, Fukuoka and Okinawa.
66GF Score
Get the complete analysis for TSE:3463
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