Mori Hills Reit Investment (TSE:3234) PS Ratio: 11.03 (As of Jul. 22, 2026) — 22% Below Median

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TSE:3234 Mori Hills Reit Investment Corp TSE:3234
64 GF Score
Price 円131,600.00
GF Value 円142,648.58
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Mori Hills Reit Investment PS Ratio?

Mori Hills Reit Investment TSE:3234 -0.30% 64 PS Ratio is 11.03 as of Jul. 22, 2026, which is 22% below its 10-year median of 14.16. GuruFocus rates TSE:3234 with a GF Score™ of 64/100 and a GF Value™ of 円142,648.58 (Fairly Valued). The stock has 3 warning signs investors should review. Among 910 REITs companies, Mori Hills Reit Investment ranks worse than 82.2% 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, Mori Hills Reit Investment's share price is 円131600.00. Mori Hills Reit Investment's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2026 was 円11,932.49. Hence, Mori Hills Reit Investment's PS Ratio for today is 11.03.

Good Sign:

Mori Hills Reit Investment Corp stock PS Ratio (=11.11) is close to 5-year low of 10.49.

The historical rank and industry rank for Mori Hills Reit Investment's PS Ratio or its related term are showing as below:

TSE:3234' s PS Ratio Range Over the Past 10 Years
Min: 8.49   Med: 14.16   Max: 19.47
Current: 11.03

During the past 13 years, Mori Hills Reit Investment's highest PS Ratio was 19.47. The lowest was 8.49. And the median was 14.16.

TSE:3234's PS Ratio is ranked worse than
82.2% of 910 companies
in the REITs industry
Industry Median: 6.675 vs TSE:3234: 11.03

Mori Hills Reit Investment's Revenue per Sharefor the six months ended in Jan. 2026 was 円6,034.64. Its Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2026 was 円11,932.49.

Good Sign:

Mori Hills Reit Investment Corp has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Mori Hills Reit Investment was 2.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 3.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.50% per year.

During the past 13 years, Mori Hills Reit Investment's highest 3-Year average Revenue per Share Growth Rate was 5.90% per year. The lowest was -17.00% per year. And the median was 2.60% per year.

Back to Basics: PS Ratio


Mori Hills Reit Investment  (TSE:3234) 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.


Mori Hills Reit Investment PS Ratio Related Terms


Mori Hills Reit Investment PS Ratio Historical Data

* Premium members only.

The historical data trend for Mori Hills Reit Investment'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.

Mori Hills Reit Investment PS Ratio Chart

Mori Hills Reit Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.67 13.95 12.36 11.02 11.55

Mori Hills Reit Investment Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 11.02 0.00 11.55 0.00

TSE:3234 vs VICI, WPC: PS Ratio Comparison

For the REIT - Diversified subindustry, Mori Hills Reit Investment'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.


Mori Hills Reit Investment PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Mori Hills Reit Investment's PS Ratio distribution charts can be found below:

* The bar in red indicates where Mori Hills Reit Investment's PS Ratio falls into.


TSE:3234
64GF Score
Mori Hills Reit Investment Corp TSE:3234
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mori Hills Reit Investment 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.

Mori Hills Reit Investment's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=131600.00/11932.487
=11.03

Mori Hills Reit Investment's Share Price of today is 円131600.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mori Hills Reit Investment's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2026 was 円11,932.49.

* 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 11.03 mean?
Mori Hills Reit Investment (TSE:3234) has a PS Ratio of 11.03 as of Jul. 22, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Mori Hills Reit Investment and its competitors. This is 22% below median its historical median of 14.16. Over the past decade, Mori Hills Reit Investment's PS Ratio has ranged from 8.49 to 19.47. According to the industry distribution chart, Mori Hills Reit Investment ranks #748 out of 910 companies in the REITs industry, placing it in the top 82.2%.
Is Mori Hills Reit Investment's PS Ratio too high?
Mori Hills Reit Investment's current PS Ratio of 11.03 is 22% below median its 10-year median of 14.16. Over the past 10 years, this metric has ranged from a low of 8.49 to a high of 19.47. The REITs industry median PS Ratio is 6.68. Mori Hills Reit Investment's value of 11.03 is 65.2% above this industry median. Based on the distribution chart, Mori Hills Reit Investment ranks #748 out of 910 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Mori Hills Reit Investment has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mori Hills Reit Investment's PS Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Mori Hills Reit Investment ranks #748 out of 910 companies for PS Ratio. This places Mori Hills Reit Investment in the lower half of its industry. The industry median PS Ratio is 6.68. Mori Hills Reit Investment's value of 11.03 is 65.2% above this benchmark. Historically, Mori Hills Reit Investment's own PS Ratio has ranged from 8.49 to 19.47 over the past decade. While the company's 10-year median is 14.16 vs. the industry median of 6.68, Mori Hills 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 PS Ratio for a REITs company?
The median PS Ratio among REITs companies is 6.68, based on 910 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. Mori Hills Reit Investment's current PS Ratio of 11.03 is 65.2% 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 Mori Hills Reit Investment and its competitors. For the REITs industry, the median PS Ratio is 6.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mori Hills Reit Investment's current PS Ratio is 11.03, which is 22% below median its own 10-year median of 14.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mori Hills Reit Investment stock overvalued right now?
Based on GuruFocus' analysis, Mori Hills Reit Investment (TSE:3234) is currently considered Fairly Valued. The stock's GF Value™ is 円142,648.58, compared to a current price of 円131,600.00 — trading 7.7% below its estimated fair value. The current PS Ratio is 11.03, which is 22% below median its 10-year median of 14.16 and 65.2% above the REITs industry median of 6.68. Mori Hills Reit Investment's overall GF Score™ is 64/100 with 3 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 Mori Hills Reit Investment (TSE:3234), the current PS Ratio is 11.03 as of Jul. 22, 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 Mori Hills Reit Investment (TSE:3234) Overvalued in 2026?

Based on GuruFocus' analysis, Mori Hills Reit Investment stock appears to be undervalued. The current stock price of 円131,600.00 is trading 7.7% below its estimated GF Value™ of 円142,648.58. GuruFocus considers Mori Hills Reit Investment to be Fairly Valued.

Key valuation signals for TSE:3234:

  • PS Ratio: 11.03 (22% below median its 10-year median of 14.16)
  • GF Value™: 円142,648.58 vs. price of 円131,600.00 (7.7% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 65.2% above the REITs median (#748 of 910)

No single metric tells the full story. See the TSE:3234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mori Hills Reit Investment Business Description

Industry Real EstateREITs
Address 1-12-32 Akasaka, ARK Mori Building, Minato-ku, Tokyo, JPN, 107-6011
Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate office buildings and residential and retail properties available for lease in Tokyo.
64GF Score

Get the complete analysis for TSE:3234

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

円131,600.00
Price
円142,648.58
GF Value