Hankyu Hanshin REIT (TSE:8977) ROE % Adjusted to Book Value: 3.90% (As of Nov. 2025)

What is Hankyu Hanshin REIT ROE % Adjusted to Book Value?

Hankyu Hanshin REIT TSE:8977 +1.16% 58 ROE % Adjusted to Book Value is 3.90% as of Nov. 2025. GuruFocus rates TSE:8977 with a GF Score™ of 58/100 and a GF Value™ of 円161,504.99 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Hankyu Hanshin REIT's ROE % for the quarter that ended in Nov. 2025 was 5.42%. Hankyu Hanshin REIT's PB Ratio for the quarter that ended in Nov. 2025 was 1.39. Hankyu Hanshin REIT's ROE % Adjusted to Book Value for the quarter that ended in Nov. 2025 was 3.90%.

Hankyu Hanshin REIT ROE % Adjusted to Book Value Related Terms

Hankyu Hanshin REIT ROE % Adjusted to Book Value Historical Data

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The historical data trend for Hankyu Hanshin REIT's ROE % Adjusted to Book Value 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.

Hankyu Hanshin REIT ROE % Adjusted to Book Value Chart

Hankyu Hanshin REIT Annual Data

Trend

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Nov25

ROE % Adjusted to Book Value

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3.74

3.96

4.33

5.20

3.97

Hankyu Hanshin REIT Semi-Annual Data
	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24	May25	Nov25
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															4.34	4.54	5.33	4.75	3.90

TSE:8977 vs VICI, WPC: ROE % Adjusted to Book Value Comparison

For the REIT - Diversified subindustry, Hankyu Hanshin REIT's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Hankyu Hanshin REIT ROE % Adjusted to Book Value vs REITs Industry

For the REITs industry and Real Estate sector, Hankyu Hanshin REIT's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Hankyu Hanshin REIT's ROE % Adjusted to Book Value falls into.

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58GF Score

Hankyu Hanshin REIT Inc TSE:8977

ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.

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Hankyu Hanshin REIT ROE % Adjusted to Book Value Calculation

Hankyu Hanshin REIT's ROE % Adjusted to Book Value for the fiscal year that ended in Nov. 2025 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	5.52%	/	1.39
	=	3.97%

Hankyu Hanshin REIT's ROE % Adjusted to Book Value for the quarter that ended in Nov. 2025 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	5.42%	/	1.39
	=	3.90%

Frequently Asked Questions Learn more about ROE % Adjusted to Book Value →

What does a ROE % Adjusted to Book Value of 3.90% mean?

Hankyu Hanshin REIT (TSE:8977) has a ROE % Adjusted to Book Value of 3.90% as of Nov. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Hankyu Hanshin REIT and its competitors.

Is Hankyu Hanshin REIT's ROE % Adjusted to Book Value too high?

Hankyu Hanshin REIT's current ROE % Adjusted to Book Value is 3.90%. Overall, Hankyu Hanshin REIT has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Hankyu Hanshin REIT's ROE % Adjusted to Book Value compare to VICI and WPC?

Hankyu Hanshin REIT's ROE % Adjusted to Book Value of 3.90% can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROE % Adjusted to Book Value for a REITs company?

A good ROE % Adjusted to Book Value depends on the REITs industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROE % Adjusted to Book Value mean?

A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Hankyu Hanshin REIT and its competitors. Hankyu Hanshin REIT's current ROE % Adjusted to Book Value is 3.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hankyu Hanshin REIT stock overvalued right now?

Based on GuruFocus' analysis, Hankyu Hanshin REIT (TSE:8977) is currently considered Modestly Undervalued. The stock's GF Value™ is 円161,504.99, compared to a current price of 円139,900.00 — trading 13.4% below its estimated fair value. The current ROE % Adjusted to Book Value is 3.90%. Hankyu Hanshin REIT's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROE % Adjusted to Book Value calculated?

ROE % Adjusted to Book Value is calculated from a company's financial statements. For Hankyu Hanshin REIT (TSE:8977), the current ROE % Adjusted to Book Value is 3.90% as of Nov. 2025. 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 Hankyu Hanshin REIT (TSE:8977) Overvalued in 2026?

Based on GuruFocus' analysis, Hankyu Hanshin REIT stock appears to be undervalued. The current stock price of 円139,900.00 is trading 13.4% below its estimated GF Value™ of 円161,504.99. GuruFocus considers Hankyu Hanshin REIT to be Modestly Undervalued.

Key valuation signals for TSE:8977:

ROE % Adjusted to Book Value: 3.90%
GF Value™: 円161,504.99 vs. price of 円139,900.00 (13.4% below fair value)
GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the TSE:8977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hankyu Hanshin REIT Business Description

Industry Real Estate REITs

Comparable Companies TSE:3487 TSE:3492 TSE:3476 TSE:3451 TSE:3468 TSE:8968 TSE:2989 TSE:3470 TSE:3488 TSE:8957 ASX:GMG VICI WPC BSP:HSRE11 ASX:CHC ASX:SGP XPAR:COV ASX:GPT LSE:LAND MEX:FUNO11

Address 19-19, Chayamachi, Applause Tower, 19th floor, Osaka, JPN, 530-0013

Website https://www.hankyuhanshinreit.co.jp

Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.

58GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円139,900.00

Price

円161,504.99

GF Value

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