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, Japan Real Estate Investment's share price is 円539000.00.
Japan Real Estate Investment's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was 円54,147.66. Hence, Japan Real Estate Investment's PS Ratio for today is 9.95.
Good Sign:
Japan Real Estate Investment Corp stock PS Ratio (=9.86) is close to 10-year low of 9.73
The historical rank and industry rank for Japan Real Estate Investment's PS Ratio or its related term are showing as below:
TSE:8952'
s PS Ratio Range Over the Past 10 Years
Min: 9.73 Med: 12.41 Max: 16.35
Current: 9.95
During the past 13 years, Japan Real Estate Investment's highest PS Ratio was 16.35. The lowest was 9.73. And the median was 12.41.
TSE:8952's PS Ratio is ranked worse than 76.14% of 830
companies
in the REITs industry
Industry Median: 6.515
vs TSE:8952: 9.95
During the past 13 years, Japan Real Estate Investment's highest 3-Year average Revenue per Share Growth Rate was 2.80% per year. The lowest was -1.10% per year. And the median was 1.95% per year.
Back to Basics: PS Ratio
Japan Real Estate Investment PS Ratio Historical Data
* 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.
Competitive Comparison of Japan Real Estate Investment's PS Ratio
For the REIT - Office subindustry, Japan Real Estate 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.
Japan Real Estate Investment's PS Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Japan Real Estate Investment's PS Ratio distribution charts can be found below:
* The bar in red indicates where Japan Real Estate Investment's PS Ratio falls into.
Japan Real Estate 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.
Japan Real Estate Investment's Share Price of today is 円539000.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Japan Real Estate Investment's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was 円54,147.66.
* 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:
Japan Real Estate Investment (TSE:8952) 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.
Japan Real Estate Investment PS Ratio Related Terms
Thank you for viewing the detailed overview of Japan Real Estate Investment's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Japan Real Estate Investment (TSE:8952) Business Description
Japan Real Estate Investment Corp, or J-REIT, is a Japanese real estate investment trust that invests in, owns, and leases office properties. The vast majority of the company's real estate portfolio is located within Tokyo's 23 wards and the Tokyo metropolitan area in terms of total value. Within this area, most of J-REIT's offices reside within the Tokyo central business district. The company derives nearly all of its income in the form of rental revenue from the leasing of its office properties. While J-REIT tenants hail from a diverse assortment of industries, firms from the service, information services, electric devices, and financial services industries are its largest customers in terms of total leased space.
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