Nippon Building FundNBFJF 56 PS Ratio is 10.85 as of Jul. 12, 2026, which is 6% below its 10-year median of 11.59. GuruFocus rates NBFJF with a GF Score™ of 56/100 and a GF Value™ of $702.03. The stock has 7 warning signs investors should review. Among 915 REITs companies, Nippon Building Fund ranks worse than 82.73% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Nippon Building Fund's share price is $842.924.
Nippon Building Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $77.68. Hence, Nippon Building Fund's PS Ratio for today is 10.85.
The historical rank and industry rank for Nippon Building Fund's PS Ratio or its related term are showing as below:
NBFJF'
s PS Ratio Range Over the Past 10 Years
Min: 9.21 Med: 11.59 Max: 16.09
Current: 11.16
During the past 13 years, Nippon Building Fund's highest PS Ratio was 16.09. The lowest was 9.21. And the median was 11.59.
NBFJF's PS Ratio is ranked worse than 82.73% of 915
companies
in the REITs industry
Industry Median: 6.71
vs NBFJF: 11.16
Nippon Building Fund Inc revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Nippon Building Fund was -2.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -0.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 0.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 1.60% per year.
During the past 13 years, Nippon Building Fund's highest 3-Year average Revenue per Share Growth Rate was 23.60% per year. The lowest was -19.50% per year. And the median was 0.60% per year.
Back to Basics: PS Ratio
Nippon Building Fund (OTCPK:NBFJF) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Nippon Building Fund PS Ratio Related Terms
Nippon Building Fund PS Ratio Historical Data
* Premium members only.
The historical data trend for Nippon Building Fund's PS 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, Nippon Building Fund's PS Ratio, along with its competitors' market caps and PS 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.
Nippon Building Fund PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Nippon Building Fund's PS Ratio distribution charts can be found below:
* The bar in red indicates where Nippon Building Fund's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Nippon Building Fund's Share Price of today is $842.924.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nippon Building Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $77.68.
* 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:
Nippon Building Fund (NBFJF) has a PS Ratio of 10.85 as of Jul. 12, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Nippon Building Fund and its competitors. This is near median its historical median of 11.59. Over the past decade, Nippon Building Fund's PS Ratio has ranged from 9.21 to 16.09. According to the industry distribution chart, Nippon Building Fund ranks #757 out of 915 companies in the REITs industry, placing it in the top 82.7%.
Is Nippon Building Fund's PS Ratio too high?
Nippon Building Fund's current PS Ratio of 10.85 is near median its 10-year median of 11.59. Over the past 10 years, this metric has ranged from a low of 9.21 to a high of 16.09. The REITs industry median PS Ratio is 6.71. Nippon Building Fund's value of 10.85 is 61.7% above this industry median. Based on the distribution chart, Nippon Building Fund ranks #757 out of 915 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Nippon Building Fund has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Building Fund's PS Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Nippon Building Fund ranks #757 out of 915 companies for PS Ratio. This places Nippon Building Fund in the lower half of its industry. The industry median PS Ratio is 6.71. Nippon Building Fund's value of 10.85 is 61.7% above this benchmark. Historically, Nippon Building Fund's own PS Ratio has ranged from 9.21 to 16.09 over the past decade. While the company's 10-year median is 11.59 vs. the industry median of 6.71, Nippon Building Fund 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 PS Ratio for a REITs company?
The median PS Ratio among REITs companies is 6.71, based on 915 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nippon Building Fund's current PS Ratio of 10.85 is 61.7% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Nippon Building Fund and its competitors. For the REITs industry, the median PS Ratio is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Building Fund's current PS Ratio is 10.85, which is near median its own 10-year median of 11.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Building Fund stock overvalued right now?
Nippon Building Fund (NBFJF) has a current PS Ratio of 10.85. The stock's GF Value™ is $702.03, compared to a current price of $842.92 — trading 20.1% above its estimated fair value. The current PS Ratio is 10.85, which is near median its 10-year median of 11.59 and 61.7% above the REITs industry median of 6.71. Nippon Building Fund's overall GF Score™ is 56/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Nippon Building Fund (NBFJF), the current PS Ratio is 10.85 as of Jul. 12, 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 Nippon Building Fund (NBFJF) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Building Fund stock appears to be overvalued.
The current stock price of $842.92 is trading 20.1% above its estimated GF Value™ of $702.03.
Key valuation signals for NBFJF:
PS Ratio: 10.85 (near median its 10-year median of 11.59)
GF Value™: $702.03 vs. price of $842.92 (20.1% above fair value)
Industry Position: 61.7% above the REITs median (#757 of 915)
No single metric tells the full story. See the NBFJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Building Fund Inc is a Japanese real estate investment trust engaged in the acquisition, ownership, and leasing of properties in the Greater Tokyo area. The company's real estate portfolio comprises of large corporate office buildings. The majority of these are located in the five wards of Tokyo's central business district. Office space located throughout the rest of Tokyo also makes up a substantial percentage of Nippon Building Fund's assets. The company derives the majority of its income in the form of rental revenue from tenants. Nippon Building Fund's customers are firms from the service, electrical equipment, and information and communications industries in terms of square footage used.
56GF Score
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