This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Nippon Building Fund's Median PS Value or its related term are showing as below:
TSE:8951'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.83 Med: 0.95 Max: 1.25
Current: 0.91
During the past 13 years, the highest Price to Median PS Value of Nippon Building Fund was 1.25. The lowest was 0.83. And the median was 0.95.
TSE:8951's Price-to-Median-PS-Value is ranked worse than 66.49% of 373
companies
in the REITs industry
Industry Median: 0.79
vs TSE:8951: 0.91
Nippon Building Fund Median PS Value Historical Data
The historical data trend for Nippon Building Fund's Median PS 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.
Competitive Comparison of Nippon Building Fund's Median PS Value
For the REIT - Office subindustry, Nippon Building Fund's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-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.
Nippon Building Fund's Price-to-Median-PS-Value Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Nippon Building Fund's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Nippon Building Fund's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 11.9161.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nippon Building Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was 円55483.833.
* 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.
Nippon Building Fund (TSE:8951) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Nippon Building Fund's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
600000.00
/
661,150.90
=
0.91
* 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.
Nippon Building Fund Median PS Value Related Terms
Thank you for viewing the detailed overview of Nippon Building Fund's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Nippon Building Fund (TSE:8951) Business Description
Nippon Building Fund Inc is a Japanese real estate investment trust engaged in the acquisition, ownership, and leasing of properties in the Greater Tokyo area. The company's real estate portfolio is primarily comprised of large corporate office buildings. The majority of these are located in the five wards of Tokyo's central business district. Office space located throughout the rest of Tokyo also makes up a substantial percentage of Nippon Building Fund's assets. The company derives the majority of its income in the form of rental revenue from tenants. Nippon Building Fund's largest customers are firms from the service, electrical equipment, and information and communications industries in terms of square footage used.
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