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Mitsubishi Estate Logistics REIT Investment (TSE:3481) PS Ratio : 10.16 (As of Dec. 11, 2024)


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What is Mitsubishi Estate Logistics REIT Investment PS Ratio?

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, Mitsubishi Estate Logistics REIT Investment's share price is 円341500.00. Mitsubishi Estate Logistics REIT Investment's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2024 was 円33,626.64. Hence, Mitsubishi Estate Logistics REIT Investment's PS Ratio for today is 10.16.

Good Sign:

Mitsubishi Estate Logistics REIT Investment Corp stock PS Ratio (=10.2) is close to 10-year low of 10.11

The historical rank and industry rank for Mitsubishi Estate Logistics REIT Investment's PS Ratio or its related term are showing as below:

TSE:3481' s PS Ratio Range Over the Past 10 Years
Min: 10.11   Med: 16.07   Max: 24.07
Current: 10.25

During the past 8 years, Mitsubishi Estate Logistics REIT Investment's highest PS Ratio was 24.07. The lowest was 10.11. And the median was 16.07.

TSE:3481's PS Ratio is ranked worse than
77.85% of 894 companies
in the REITs industry
Industry Median: 6.49 vs TSE:3481: 10.25

Mitsubishi Estate Logistics REIT Investment's Revenue per Sharefor the six months ended in Aug. 2024 was 円18,226.97. Its Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2024 was 円33,626.64.

During the past 12 months, the average Revenue per Share Growth Rate of Mitsubishi Estate Logistics REIT Investment was 13.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 10.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was 10.40% per year.

During the past 8 years, Mitsubishi Estate Logistics REIT Investment's highest 3-Year average Revenue per Share Growth Rate was 10.70% per year. The lowest was 6.70% per year. And the median was 10.10% per year.

Back to Basics: PS Ratio


Mitsubishi Estate Logistics REIT Investment PS Ratio Historical Data

The historical data trend for Mitsubishi Estate Logistics 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.

* Premium members only.

Mitsubishi Estate Logistics REIT Investment PS Ratio Chart

Mitsubishi Estate Logistics REIT Investment Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
PS Ratio
Get a 7-Day Free Trial 19.90 20.92 17.78 13.30 11.24

Mitsubishi Estate Logistics REIT Investment Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 17.78 - 13.30 - 11.24

Competitive Comparison of Mitsubishi Estate Logistics REIT Investment's PS Ratio

For the REIT - Industrial subindustry, Mitsubishi Estate Logistics 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.


Mitsubishi Estate Logistics REIT Investment's PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mitsubishi Estate Logistics REIT Investment's PS Ratio distribution charts can be found below:

* The bar in red indicates where Mitsubishi Estate Logistics REIT Investment's PS Ratio falls into.



Mitsubishi Estate Logistics 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.

Mitsubishi Estate Logistics REIT Investment's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=341500.00/33626.64
=10.16

Mitsubishi Estate Logistics REIT Investment's Share Price of today is 円341500.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mitsubishi Estate Logistics REIT Investment's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2024 was 円33,626.64.

* 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.


Mitsubishi Estate Logistics REIT Investment  (TSE:3481) 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.


Mitsubishi Estate Logistics REIT Investment PS Ratio Related Terms

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Mitsubishi Estate Logistics REIT Investment Business Description

Traded in Other Exchanges
N/A
Address
2-5-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
Mitsubishi Estate Logistics REIT Investment Corp operates as a real estate investment trust with logistics facilities as its main investment target. Its portfolio consists of eight properties mainly located in Tokyo metropolitan area.

Mitsubishi Estate Logistics REIT Investment Headlines

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