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Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Japan Hotel REIT Investment Price-to-Tangible-Book Related Terms
Japan Hotel REIT Investment Price-to-Tangible-Book 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.
Japan Hotel REIT Investment Price-to-Tangible-Book Chart
NIPOF vs HST, RHP, APLE: Price-to-Tangible-Book Comparison
For the REIT - Hotel & Motel subindustry, Japan Hotel REIT Investment's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book vs REITs Industry
For the REITs industry and Real Estate sector, Japan Hotel REIT Investment's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Japan Hotel REIT Investment's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Japan Hotel REIT Investment (NIPOF) has a Price-to-Tangible-Book of 1.58 as of Aug. 26, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Japan Hotel REIT Investment and its competitors. According to the industry distribution chart, Japan Hotel REIT Investment ranks #784 out of 905 companies in the REITs industry, placing it in the top 86.6%.
Is Japan Hotel REIT Investment's Price-to-Tangible-Book too high?
Japan Hotel REIT Investment's current Price-to-Tangible-Book is 1.58. The REITs industry median Price-to-Tangible-Book is 0.84. Japan Hotel REIT Investment's value of 1.58 is 88.1% above this industry median. Based on the distribution chart, Japan Hotel REIT Investment ranks #784 out of 905 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Japan Hotel REIT Investment has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Japan Hotel REIT Investment's Price-to-Tangible-Book compare to HST and RHP?
According to the REITs industry distribution chart, Japan Hotel REIT Investment ranks #784 out of 905 companies for Price-to-Tangible-Book. This places Japan Hotel REIT Investment in the lower half of its industry. The industry median Price-to-Tangible-Book is 0.84. Japan Hotel REIT Investment's value of 1.58 is 88.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a REITs company?
The median Price-to-Tangible-Book among REITs companies is 0.84, based on 905 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Japan Hotel REIT Investment's current Price-to-Tangible-Book of 1.58 is 88.1% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Japan Hotel REIT Investment and its competitors. For the REITs industry, the median Price-to-Tangible-Book is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Hotel REIT Investment's current Price-to-Tangible-Book is 1.58. 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?
Japan Hotel REIT Investment (NIPOF) has a current Price-to-Tangible-Book of 1.58. The stock's GF Value™ is $633.85, compared to a current price of $520.03 — trading 18% below its estimated fair value. The current Price-to-Tangible-Book is 1.58 and 88.1% above the REITs industry median of 0.84. Japan Hotel REIT Investment's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Japan Hotel REIT Investment (NIPOF), the current Price-to-Tangible-Book is 1.58 as of Aug. 26, 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 $520.03 is trading 18% below its estimated GF Value™ of $633.85.
Key valuation signals for NIPOF:
Price-to-Tangible-Book: 1.58
GF Value™: $633.85 vs. price of $520.03 (18% below fair value)
Industry Position: 88.1% above the REITs median (#784 of 905)
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 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.
80GF Score
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Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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