NMMRF (Nomura Real Estate Master Fund) PS Ratio: 8.34 (As of Jun. 30, 2026) — 12% Below Median


NMMRF Nomura Real Estate Master Fund Inc NMMRF
58 GF Score
Price $1,008.35
GF Value $1,050.09
! 5 Warning Signs
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What is Nomura Real Estate Master Fund PS Ratio?

Nomura Real Estate Master Fund NMMRF 58 PS Ratio is 8.34 as of Jun. 30, 2026, which is 12% below its 10-year median of 9.44. GuruFocus rates NMMRF with a GF Score™ of 58/100 and a GF Value™ of $1,050.09. The stock has 5 warning signs investors should review. Among 920 REITs companies, Nomura Real Estate Master Fund ranks worse than 67.17% 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, Nomura Real Estate Master Fund's share price is $1008.35. Nomura Real Estate Master Fund's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was $120.95. Hence, Nomura Real Estate Master Fund's PS Ratio for today is 8.34.

The historical rank and industry rank for Nomura Real Estate Master Fund's PS Ratio or its related term are showing as below:

NMMRF' s PS Ratio Range Over the Past 10 Years
Min: 4.85   Med: 9.44   Max: 14.51
Current: 8.38

During the past 11 years, Nomura Real Estate Master Fund's highest PS Ratio was 14.51. The lowest was 4.85. And the median was 9.44.

NMMRF's PS Ratio is ranked worse than
67.17% of 920 companies
in the REITs industry
Industry Median: 6.695 vs NMMRF: 8.38

Nomura Real Estate Master Fund's Revenue per Sharefor the six months ended in Feb. 2026 was $57.16. Its Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was $120.95.

Warning Sign:

Nomura Real Estate Master 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 Nomura Real Estate Master Fund was -3.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 3.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 2.40% per year.

During the past 11 years, Nomura Real Estate Master Fund's highest 3-Year average Revenue per Share Growth Rate was 15.90% per year. The lowest was -2.80% per year. And the median was 3.60% per year.

Back to Basics: PS Ratio


Nomura Real Estate Master Fund  (OTCPK:NMMRF) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


Nomura Real Estate Master Fund PS Ratio Related Terms


Nomura Real Estate Master Fund PS Ratio Historical Data

* Premium members only.

The historical data trend for Nomura Real Estate Master 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.

Nomura Real Estate Master Fund PS Ratio Chart

Nomura Real Estate Master Fund Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.51 10.59 10.48 9.65 8.24

Nomura Real Estate Master Fund Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
PS 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 0.00 8.24 0.00 8.62 0.00

NMMRF vs SPG, O, KIM: PS Ratio Comparison

For the REIT - Retail subindustry, Nomura Real Estate Master 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.


Nomura Real Estate Master Fund PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Nomura Real Estate Master Fund's PS Ratio distribution charts can be found below:

* The bar in red indicates where Nomura Real Estate Master Fund's PS Ratio falls into.


NMMRF
58GF Score
Nomura Real Estate Master Fund Inc NMMRF
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nomura Real Estate Master Fund PS Ratio Calculation

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.

Nomura Real Estate Master Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1008.35/120.949
=8.34

Nomura Real Estate Master Fund's Share Price of today is $1008.35.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nomura Real Estate Master Fund's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was $120.95.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 8.34 mean?
Nomura Real Estate Master Fund (NMMRF) has a PS Ratio of 8.34 as of Jun. 30, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Nomura Real Estate Master Fund and its competitors. This is 12% below median its historical median of 9.44. Over the past decade, Nomura Real Estate Master Fund's PS Ratio has ranged from 4.85 to 14.51. According to the industry distribution chart, Nomura Real Estate Master Fund ranks #618 out of 920 companies in the REITs industry, placing it in the top 67.2%.
Is Nomura Real Estate Master Fund's PS Ratio too high?
Nomura Real Estate Master Fund's current PS Ratio of 8.34 is 12% below median its 10-year median of 9.44. Over the past 10 years, this metric has ranged from a low of 4.85 to a high of 14.51. The REITs industry median PS Ratio is 6.70. Nomura Real Estate Master Fund's value of 8.34 is 24.6% above this industry median. Based on the distribution chart, Nomura Real Estate Master Fund ranks #618 out of 920 companies in the REITs industry, which is below the industry midpoint. Overall, Nomura Real Estate Master Fund has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Nomura Real Estate Master Fund's PS Ratio compare to SPG and O?
According to the REITs industry distribution chart, Nomura Real Estate Master Fund ranks #618 out of 920 companies for PS Ratio. This places Nomura Real Estate Master Fund in the lower half of its industry. The industry median PS Ratio is 6.70. Nomura Real Estate Master Fund's value of 8.34 is 24.6% above this benchmark. Historically, Nomura Real Estate Master Fund's own PS Ratio has ranged from 4.85 to 14.51 over the past decade. While the company's 10-year median is 9.44 vs. the industry median of 6.70, Nomura Real Estate Master 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 6.70, based on 920 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. Nomura Real Estate Master Fund's current PS Ratio of 8.34 is 24.6% 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 Nomura Real Estate Master Fund and its competitors. For the REITs industry, the median PS Ratio is 6.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Real Estate Master Fund's current PS Ratio is 8.34, which is 12% below median its own 10-year median of 9.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Real Estate Master Fund stock overvalued right now?
Nomura Real Estate Master Fund (NMMRF) has a current PS Ratio of 8.34. The stock's GF Value™ is $1,050.09, compared to a current price of $1,008.35 — trading 4% below its estimated fair value. The current PS Ratio is 8.34, which is 12% below median its 10-year median of 9.44 and 24.6% above the REITs industry median of 6.70. Nomura Real Estate Master Fund's overall GF Score™ is 58/100 with 5 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 Nomura Real Estate Master Fund (NMMRF), the current PS Ratio is 8.34 as of Jun. 30, 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 Nomura Real Estate Master Fund (NMMRF) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura Real Estate Master Fund stock appears to be undervalued. The current stock price of $1,008.35 is trading 4% below its estimated GF Value™ of $1,050.09.

Key valuation signals for NMMRF:

  • PS Ratio: 8.34 (12% below median its 10-year median of 9.44)
  • GF Value™: $1,050.09 vs. price of $1,008.35 (4% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 24.6% above the REITs median (#618 of 920)

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


Nomura Real Estate Master Fund Business Description

Industry Real EstateREITs
Other Exchanges 3462:Japan
Address 1-13-1 Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8645
Nomura Real Estate Master Fund Inc is a Japanese based company operates as a real estate investment trust. It is implementing medium- to long-term management Strategy, to achieve securing stable income over the medium to long term period, also ensures the steady growth of assets under management. The company invests in logistic facilities and commercial facilities in the Tokyo metropolitan area. It is managed by the fund manager Nomura Real Estate Asset Management Co Ltd.
58GF Score

Get the complete analysis for NMMRF

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

$1,008.35
Price
$1,050.09
GF Value