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Ichigo Office REIT Investment (TSE:8975) Book Value per Share : 円67,398.99 (As of Oct. 2023)


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What is Ichigo Office REIT Investment Book Value per Share?

Ichigo Office REIT Investment's book value per share for the quarter that ended in Oct. 2023 was 円67,398.99.

During the past 3 years, the average Book Value Per Share Growth Rate was -0.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ichigo Office REIT Investment was 3.70% per year. The lowest was -3.50% per year. And the median was 0.20% per year.

Ichigo Office REIT Investment's current price is 円83000.00. Its book value per share for the quarter that ended in Oct. 2023 was 円67,398.99. Hence, today's PB Ratio of Ichigo Office REIT Investment is 1.23.

During the past 13 years, the highest P/B Ratio of Ichigo Office REIT Investment was 1.76. The lowest was 0.80. And the median was 1.26.

Good Sign:

Ichigo Office REIT Investment Corp stock PB Ratio (=1.24) is close to 3-year low of 1.14


Ichigo Office REIT Investment Book Value per Share Historical Data

The historical data trend for Ichigo Office REIT Investment's Book Value per Share 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.

Ichigo Office REIT Investment Book Value per Share Chart

Ichigo Office REIT Investment Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67,847.98 68,030.72 67,677.99 67,406.93 67,398.99

Ichigo Office REIT Investment Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Book Value per Share 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 67,677.99 67,931.88 67,406.93 69,577.36 67,398.99

Competitive Comparison of Ichigo Office REIT Investment's Book Value per Share

For the REIT - Office subindustry, Ichigo Office REIT Investment's PB Ratio, along with its competitors' market caps and PB 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.


Ichigo Office REIT Investment's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ichigo Office REIT Investment's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ichigo Office REIT Investment's PB Ratio falls into.



Ichigo Office REIT Investment Book Value per Share Calculation

Ichigo Office REIT Investment's Book Value Per Share for the fiscal year that ended in Oct. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(102,000-0)/2
=67,398.99

Ichigo Office REIT Investment's Book Value Per Share for the quarter that ended in Oct. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(102,000-0)/2
=67,398.99

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Ichigo Office REIT Investment  (TSE:8975) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Ichigo Office REIT Investment Book Value per Share Related Terms

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Ichigo Office REIT Investment (TSE:8975) Business Description

Traded in Other Exchanges
N/A
Address
1-1-1 Uchisaiwai-cho, Chiyoda-ku, Tokyo, JPN, 100-0011
Ichigo Office REIT Investment Corp is investment company operating in Japan. Its investment strategy is focused on mid-size offices which offer return stability and upside potential. The company seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a wide array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. It provides stable cash flows, supporting stable dividends and upside for shareholders through rental income earned in mid-size offices.

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