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, Daiwa Office Investment's share price is 円583000.00.
Daiwa Office Investment's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was 円60,002.05. Hence, Daiwa Office Investment's PS Ratio for today is 9.72.
Good Sign:
Daiwa Office Investment Corp stock PS Ratio (=9.81) is close to 3-year low of 9.44
The historical rank and industry rank for Daiwa Office Investment's PS Ratio or its related term are showing as below:
TSE:8976'
s PS Ratio Range Over the Past 10 Years
Min: 7.54 Med: 12.13 Max: 16.08
Current: 9.72
During the past 13 years, Daiwa Office Investment's highest PS Ratio was 16.08. The lowest was 7.54. And the median was 12.13.
TSE:8976's PS Ratio is ranked worse than 75.09% of 827
companies
in the REITs industry
Industry Median: 6.52
vs TSE:8976: 9.72
Daiwa Office Investment Corp has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Daiwa Office Investment was 1.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 1.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 3.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 4.70% per year.
During the past 13 years, Daiwa Office Investment's highest 3-Year average Revenue per Share Growth Rate was 8.20% per year. The lowest was -27.70% per year. And the median was 4.25% per year.
* 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 Daiwa Office Investment's PS Ratio
For the REIT - Office subindustry, Daiwa Office 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.
Daiwa Office Investment's PS Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Daiwa Office Investment's PS Ratio distribution charts can be found below:
* The bar in red indicates where Daiwa Office Investment's PS Ratio falls into.
Daiwa Office 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.
Daiwa Office Investment's Share Price of today is 円583000.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Daiwa Office Investment's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was 円60,002.05.
* 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:
Daiwa Office Investment (TSE:8976) 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.
Daiwa Office Investment PS Ratio Related Terms
Thank you for viewing the detailed overview of Daiwa Office Investment's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Daiwa Office Investment (TSE:8976) Business Description
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.
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