JREIF (Japan Real Estate Investment) ROE %: 6.61% (As of Mar. 2026) — Near Median


JREIF Japan Real Estate Investment Corp JREIF
68 GF Score
Price $658.41
GF Value $625.97
! 6 Warning Signs
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What is Japan Real Estate Investment ROE %?

Japan Real Estate Investment JREIF -6.71% 68 ROE % is 6.61% as of Mar. 2026, which is 7% above its 10-year median of 6.20. GuruFocus rates JREIF with a GF Score™ of 68/100 and a GF Value™ of $625.97. The stock has 6 warning signs investors should review. Among 938 REITs companies, Japan Real Estate Investment ranks better than 55.01% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Japan Real Estate Investment's annualized net income for the quarter that ended in Mar. 2026 was $234.5 Mil. Japan Real Estate Investment's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $3,548.3 Mil. Therefore, Japan Real Estate Investment's annualized ROE % for the quarter that ended in Mar. 2026 was 6.61%.

The historical rank and industry rank for Japan Real Estate Investment's ROE % or its related term are showing as below:

JREIF' s ROE % Range Over the Past 10 Years
Min: 4.63   Med: 6.2   Max: 6.94
Current: 6.71

During the past 13 years, Japan Real Estate Investment's highest ROE % was 6.94%. The lowest was 4.63%. And the median was 6.20%.

JREIF's ROE % is ranked better than
55.01% of 938 companies
in the REITs industry
Industry Median: 6.13 vs JREIF: 6.71

Japan Real Estate Investment  (OTCPK:JREIF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=234.502/3548.3395
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(234.502 / 534.954)*(534.954 / 7176.679)*(7176.679 / 3548.3395)
=Net Margin %*Asset Turnover*Equity Multiplier
=43.84 %*0.0745*2.0225
=ROA %*Equity Multiplier
=3.27 %*2.0225
=6.61 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=234.502/3548.3395
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (234.502 / 238.544) * (238.544 / 259.57) * (259.57 / 534.954) * (534.954 / 7176.679) * (7176.679 / 3548.3395)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9831 * 0.919 * 48.52 % * 0.0745 * 2.0225
=6.61 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Japan Real Estate Investment ROE % Related Terms


Japan Real Estate Investment ROE % Historical Data

* Premium members only.

The historical data trend for Japan Real Estate Investment's ROE % 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.

Japan Real Estate Investment ROE % Chart

Japan Real Estate Investment Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.15 5.52 6.20 7.06 6.65

Japan Real Estate Investment Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % 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 6.87 7.13 6.81 6.59 6.61

JREIF vs BXP, ARE, VNO: ROE % Comparison

For the REIT - Office subindustry, Japan Real Estate Investment's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs REITs Industry

For the REITs industry and Real Estate sector, Japan Real Estate Investment's ROE % distribution charts can be found below:

* The bar in red indicates where Japan Real Estate Investment's ROE % falls into.


JREIF
68GF Score
Japan Real Estate Investment Corp JREIF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Real Estate Investment ROE % Calculation

Japan Real Estate Investment's annualized ROE % for the fiscal year that ended in Sep. 2025 is calculated as

ROE %=Net Income (A: Sep. 2025 )/( (Total Stockholders Equity (A: Sep. 2024 )+Total Stockholders Equity (A: Sep. 2025 ))/ count )
=247.994/( (3787.398+3671.162)/ 2 )
=247.994/3729.28
=6.65 %

Japan Real Estate Investment's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=234.502/( (3671.162+3425.517)/ 2 )
=234.502/3548.3395
=6.61 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 6.61% mean?
Japan Real Estate Investment (JREIF) has a ROE % of 6.61% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Japan Real Estate Investment and its competitors. This is near median its historical median of 6.20. Over the past decade, Japan Real Estate Investment's ROE % has ranged from 4.63 to 6.94. According to the industry distribution chart, Japan Real Estate Investment ranks #422 out of 938 companies in the REITs industry, placing it in the top 45%.
Is Japan Real Estate Investment's ROE % too high?
Japan Real Estate Investment's current ROE % of 6.61% is near median its 10-year median of 6.20. Over the past 10 years, this metric has ranged from a low of 4.63 to a high of 6.94. The REITs industry median ROE % is 6.13. Japan Real Estate Investment's value of 6.61% is 7.8% above this industry median. Based on the distribution chart, Japan Real Estate Investment ranks #422 out of 938 companies in the REITs industry, which is above the industry midpoint. Overall, Japan Real Estate Investment has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Japan Real Estate Investment's ROE % compare to BXP and ARE?
According to the REITs industry distribution chart, Japan Real Estate Investment ranks #422 out of 938 companies for ROE %. This puts Japan Real Estate Investment in the upper half of its industry. The industry median ROE % is 6.13. Japan Real Estate Investment's value of 6.61% is 7.8% above this benchmark. Historically, Japan Real Estate Investment's own ROE % has ranged from 4.63 to 6.94 over the past decade. While the company's 10-year median is 6.20 vs. the industry median of 6.13, Japan Real Estate 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 ROE % for a REITs company?
The median ROE % among REITs companies is 6.13, based on 938 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Japan Real Estate Investment's current ROE % of 6.61% is 7.8% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Japan Real Estate Investment and its competitors. For the REITs industry, the median ROE % is 6.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Real Estate Investment's current ROE % is 6.61%, which is near median its own 10-year median of 6.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Real Estate Investment stock overvalued right now?
Japan Real Estate Investment (JREIF) has a current ROE % of 6.61%. The stock's GF Value™ is $625.97, compared to a current price of $658.41 — trading 5.2% above its estimated fair value. The current ROE % is 6.61%, which is near median its 10-year median of 6.20 and 7.8% above the REITs industry median of 6.13. Japan Real Estate Investment's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Japan Real Estate Investment (JREIF), the current ROE % is 6.61% as of Mar. 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 Japan Real Estate Investment (JREIF) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Real Estate Investment stock appears to be overvalued. The current stock price of $658.41 is trading 5.2% above its estimated GF Value™ of $625.97.

Key valuation signals for JREIF:

  • ROE %: 6.61% (near median its 10-year median of 6.20)
  • GF Value™: $625.97 vs. price of $658.41 (5.2% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 7.8% above the REITs median (#422 of 938)

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


Japan Real Estate Investment Business Description

Industry Real EstateREITs
Other Exchanges 8952:JapanJUA:Germany
Address OTEMACHI Park Building 1-1-1 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
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, 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 customers.
68GF Score

Get the complete analysis for JREIF

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

$658.41
Price
$625.97
GF Value