KDX Realty Investment (TSE:8972) PS Ratio: 7.92 (As of Jul. 15, 2026) — 14% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:8972 KDX Realty Investment Corp TSE:8972
71 GF Score
Price 円156,400.00
GF Value 円174,709.27
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is KDX Realty Investment PS Ratio?

KDX Realty Investment TSE:8972 +0.97% 71 PS Ratio is 7.92 as of Jul. 15, 2026, which is 14% below its 10-year median of 9.22. GuruFocus rates TSE:8972 with a GF Score™ of 71/100 and a GF Value™ of 円174,709.27 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 915 REITs companies, KDX Realty Investment ranks worse than 62.4% 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, KDX Realty Investment's share price is 円156400.00. KDX Realty Investment's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was 円19,737.08. Hence, KDX Realty Investment's PS Ratio for today is 7.92.

Good Sign:

KDX Realty Investment Corp stock PS Ratio (=8.01) is close to 5-year low of 7.63.

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

TSE:8972' s PS Ratio Range Over the Past 10 Years
Min: 6.21   Med: 9.22   Max: 14.48
Current: 7.93

During the past 13 years, KDX Realty Investment's highest PS Ratio was 14.48. The lowest was 6.21. And the median was 9.22.

TSE:8972's PS Ratio is ranked worse than
62.4% of 915 companies
in the REITs industry
Industry Median: 6.68 vs TSE:8972: 7.93

KDX Realty Investment's Revenue per Sharefor the six months ended in Apr. 2026 was 円9,864.09. Its Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was 円19,737.08.

During the past 12 months, the average Revenue per Share Growth Rate of KDX Realty Investment was 2.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 1.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was -0.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was -0.20% per year.

During the past 13 years, KDX Realty Investment's highest 3-Year average Revenue per Share Growth Rate was 5.30% per year. The lowest was -14.50% per year. And the median was 0.95% per year.

Back to Basics: PS Ratio


KDX Realty Investment  (TSE:8972) 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.


KDX Realty Investment PS Ratio Related Terms


KDX Realty Investment PS Ratio Historical Data

* Premium members only.

The historical data trend for KDX Realty 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.

KDX Realty Investment PS Ratio Chart

KDX Realty Investment Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.86 9.00 13.53 7.63 8.76

KDX Realty Investment Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 7.63 0.00 8.76 0.00

TSE:8972 vs VICI, WPC: PS Ratio Comparison

For the REIT - Diversified subindustry, KDX Realty 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.


KDX Realty Investment PS Ratio vs REITs Industry

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

* The bar in red indicates where KDX Realty Investment's PS Ratio falls into.


TSE:8972
71GF Score
KDX Realty Investment Corp TSE:8972
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KDX Realty 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.

KDX Realty Investment's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=156400.00/19737.08
=7.92

KDX Realty Investment's Share Price of today is 円156400.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. KDX Realty Investment's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was 円19,737.08.

* 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 7.92 mean?
KDX Realty Investment (TSE:8972) has a PS Ratio of 7.92 as of Jul. 15, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on KDX Realty Investment and its competitors. This is 14% below median its historical median of 9.22. Over the past decade, KDX Realty Investment's PS Ratio has ranged from 6.21 to 14.48. According to the industry distribution chart, KDX Realty Investment ranks #571 out of 915 companies in the REITs industry, placing it in the top 62.4%.
Is KDX Realty Investment's PS Ratio too high?
KDX Realty Investment's current PS Ratio of 7.92 is 14% below median its 10-year median of 9.22. Over the past 10 years, this metric has ranged from a low of 6.21 to a high of 14.48. The REITs industry median PS Ratio is 6.68. KDX Realty Investment's value of 7.92 is 18.6% above this industry median. Based on the distribution chart, KDX Realty Investment ranks #571 out of 915 companies in the REITs industry, which is below the industry midpoint. Overall, KDX Realty Investment has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KDX Realty Investment's PS Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, KDX Realty Investment ranks #571 out of 915 companies for PS Ratio. This places KDX Realty Investment in the lower half of its industry. The industry median PS Ratio is 6.68. KDX Realty Investment's value of 7.92 is 18.6% above this benchmark. Historically, KDX Realty Investment's own PS Ratio has ranged from 6.21 to 14.48 over the past decade. While the company's 10-year median is 9.22 vs. the industry median of 6.68, KDX Realty 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 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. KDX Realty Investment's current PS Ratio of 7.92 is 18.6% 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 KDX Realty 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. KDX Realty Investment's current PS Ratio is 7.92, which is 14% below median its own 10-year median of 9.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KDX Realty Investment stock overvalued right now?
Based on GuruFocus' analysis, KDX Realty Investment (TSE:8972) is currently considered Modestly Undervalued. The stock's GF Value™ is 円174,709.27, compared to a current price of 円156,400.00 — trading 10.5% below its estimated fair value. The current PS Ratio is 7.92, which is 14% below median its 10-year median of 9.22 and 18.6% above the REITs industry median of 6.68. KDX Realty Investment's overall GF Score™ is 71/100 with 4 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 KDX Realty Investment (TSE:8972), the current PS Ratio is 7.92 as of Jul. 15, 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 KDX Realty Investment (TSE:8972) Overvalued in 2026?

Based on GuruFocus' analysis, KDX Realty Investment stock appears to be undervalued. The current stock price of 円156,400.00 is trading 10.5% below its estimated GF Value™ of 円174,709.27. GuruFocus considers KDX Realty Investment to be Modestly Undervalued.

Key valuation signals for TSE:8972:

  • PS Ratio: 7.92 (14% below median its 10-year median of 9.22)
  • GF Value™: 円174,709.27 vs. price of 円156,400.00 (10.5% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 18.6% above the REITs median (#571 of 915)

No single metric tells the full story. See the TSE:8972 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KDX Realty Investment Business Description

Industry Real EstateREITs
Address 2-1-6 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 105-0004
KDX Realty Investment Corp is a Japan-based real estate investment trust. It is engaged in the business of investing in office and residential buildings. The company has around 100 properties, which include Mid-sized Office Buildings and other office buildings, central urban properties, residential properties, and others. The company owns properties in 5 Central wards of Tokyo, Tokyo Metropolitan area, and other regional areas.
71GF Score

Get the complete analysis for TSE:8972

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

円156,400.00
Price
円174,709.27
GF Value