United Urban Investment (TSE:8960) PB Ratio: 1.38 (As of Jul. 14, 2026) — Near Median

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TSE:8960 United Urban Investment Corp TSE:8960
66 GF Score
Price 円161,400.00
GF Value 円168,097.85
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is United Urban Investment PB Ratio?

United Urban Investment TSE:8960 66 PB Ratio is 1.38 as of Jul. 14, 2026, which is 2% above its 10-year median of 1.35. GuruFocus rates TSE:8960 with a GF Score™ of 66/100 and a GF Value™ of 円168,097.85 (Fairly Valued). The stock has 4 warning signs investors should review. Among 929 REITs companies, United Urban Investment ranks worse than 82.88% 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 (2026-07-14), United Urban Investment's share price is 円161400.00. United Urban Investment's Book Value per Share for the quarter that ended in Nov. 2025 was 円117,000.13. Hence, United Urban Investment's PB Ratio of today is 1.38.

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

TSE:8960' s PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.35   Max: 1.89
Current: 1.38

During the past 13 years, United Urban Investment's highest PB Ratio was 1.89. The lowest was 0.67. And the median was 1.35.

TSE:8960's PB Ratio is ranked worse than
82.88% of 929 companies
in the REITs industry
Industry Median: 0.86 vs TSE:8960: 1.38

During the past 12 months, United Urban Investment's average Book Value Per Share Growth Rate was -0.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of United Urban Investment was 4.30% per year. The lowest was -0.50% per year. And the median was 1.50% per year.

Back to Basics: PB Ratio


United Urban Investment  (TSE:8960) 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.


United Urban Investment PB Ratio Related Terms


United Urban Investment PB Ratio Historical Data

* Premium members only.

The historical data trend for United Urban 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.

United Urban Investment PB Ratio Chart

United Urban Investment Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.33 1.25 1.17 1.58

United Urban Investment Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 1.20 1.17 1.29 1.58

TSE:8960 vs VICI, WPC: PB Ratio Comparison

For the REIT - Diversified subindustry, United Urban 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.


United Urban Investment PB Ratio vs REITs Industry

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

* The bar in red indicates where United Urban Investment's PB Ratio falls into.


TSE:8960
66GF Score
United Urban Investment Corp TSE:8960
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Urban 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.

United Urban Investment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Nov. 2025)
=161400.00/117000.132
=1.38

* 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 1.38 mean?
United Urban Investment (TSE:8960) has a PB Ratio of 1.38 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 United Urban Investment and its competitors. This is near median its historical median of 1.35. Over the past decade, United Urban Investment's PB Ratio has ranged from 0.67 to 1.89. According to the industry distribution chart, United Urban Investment ranks #770 out of 929 companies in the REITs industry, placing it in the top 82.9%.
Is United Urban Investment's PB Ratio too high?
United Urban Investment's current PB Ratio of 1.38 is near median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 1.89. The REITs industry median PB Ratio is 0.86. United Urban Investment's value of 1.38 is 60.5% above this industry median. Based on the distribution chart, United Urban Investment ranks #770 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, United Urban Investment has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United Urban Investment's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, United Urban Investment ranks #770 out of 929 companies for PB Ratio. This places United Urban Investment in the lower half of its industry. The industry median PB Ratio is 0.86. United Urban Investment's value of 1.38 is 60.5% above this benchmark. Historically, United Urban Investment's own PB Ratio has ranged from 0.67 to 1.89 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 0.86, United Urban 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 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. United Urban Investment's current PB Ratio of 1.38 is 60.5% 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 United Urban 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. United Urban Investment's current PB Ratio is 1.38, which is near median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Urban Investment stock overvalued right now?
Based on GuruFocus' analysis, United Urban Investment (TSE:8960) is currently considered Fairly Valued. The stock's GF Value™ is 円168,097.85, compared to a current price of 円161,400.00 — trading 4% below its estimated fair value. The current PB Ratio is 1.38, which is near median its 10-year median of 1.35 and 60.5% above the REITs industry median of 0.86. United Urban Investment's overall GF Score™ is 66/100 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 United Urban Investment (TSE:8960), the current PB Ratio is 1.38 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 United Urban Investment (TSE:8960) Overvalued in 2026?

Based on GuruFocus' analysis, United Urban Investment stock appears to be undervalued. The current stock price of 円161,400.00 is trading 4% below its estimated GF Value™ of 円168,097.85. GuruFocus considers United Urban Investment to be Fairly Valued.

Key valuation signals for TSE:8960:

  • PB Ratio: 1.38 (near median its 10-year median of 1.35)
  • GF Value™: 円168,097.85 vs. price of 円161,400.00 (4% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 60.5% above the REITs median (#770 of 929)

No single metric tells the full story. See the TSE:8960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Urban Investment Business Description

Industry Real EstateREITs
Address 4-3-1 Toranomon, Shiroyama Trust Tower 18Floor, Minato-ku, Tokyo, JPN, 105-6018
United Urban Investment Corp is a real estate investment trust. The company invests in real estates such as retail properties, office buildings, hotels, residential properties and others. The company's primary objective is to secure steady earnings over the medium to long term through investment in varied both in types of use and geographical location. The company invests in real estates located in the Tokyo metropolitan area and other cities in Japan including government-designated cities, and surrounding areas thereof.
66GF Score

Get the complete analysis for TSE:8960

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

円161,400.00
Price
円168,097.85
GF Value