Last week, the Office REITs industry hasn't moved much but Nippon Building Fund is up 5.3% in that time. Unfortunately though, the industry is down 7.6% over the past 12 months. As for the next few years, earnings are forecast to decline by 4.2% per annum.
Has the Japanese Office REITs Industry valuation changed over the past few years?
Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
---|---|---|---|---|---|---|
Mon, 30 Oct 2023 | JP¥4.2t | JP¥424.1b | JP¥181.1b | 21.5x | 23.3x | 9.9x |
Wed, 27 Sep 2023 | JP¥4.2t | JP¥424.8b | JP¥184.9b | 21.3x | 22.9x | 10x |
Fri, 25 Aug 2023 | JP¥4.2t | JP¥428.0b | JP¥184.9b | 21.8x | 22.8x | 9.9x |
Sun, 23 Jul 2023 | JP¥4.2t | JP¥427.4b | JP¥192.9b | 20.8x | 21.8x | 9.8x |
Tue, 20 Jun 2023 | JP¥4.0t | JP¥423.9b | JP¥187.8b | 20.5x | 21.3x | 9.4x |
Thu, 18 May 2023 | JP¥3.9t | JP¥417.8b | JP¥184.2b | 20.4x | 21.4x | 9.4x |
Sat, 15 Apr 2023 | JP¥4.2t | JP¥427.0b | JP¥190.5b | 21.2x | 21.9x | 9.8x |
21.8x
Which industries have driven the changes within the Japanese Real Estate industry?
JP Market | 0.03% | |
Real Estate | 0.13% | |
Office REITs | 2.15% |
Which companies have driven the market over the last 7 days?
Company | Last Price | 7D | 1Y | Valuation | |
---|---|---|---|---|---|
8951 Nippon Building Fund | JP¥603.00k | 2.2% +JP¥22.1b | -8.8% | PB1.5x | |
8976 Daiwa Office Investment | JP¥659.00k | 1.1% +JP¥3.3b | -6.1% | PB1.3x | |
3234 Mori Hills REIT Investment | JP¥140.90k | 1.1% +JP¥3.1b | -13.4% | PB1.3x | |
3290 One REIT | JP¥256.80k | 2.1% +JP¥1.4b | 3.6% | PB1.1x | |
8958 Global One Real Estate Investment | JP¥114.00k | 0.6% +JP¥716.0m | -0.7% | PB1.1x |