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Japanese (NIKKEI) Office REITs Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies11
- 7D-0.8%
- 3M-6.0%
- 1Y-6.1%
- YTD-5.2%
In the last week, Office REITs has been flat. Unfortunately though, the industry is down 6.1% over the past 12 months. In the next few years, earnings are forecast to decline by 5.2% annually.
Industry Valuation and Performance
Has the Japanese Office REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | JP¥3.6t | JP¥392.7b | JP¥170.2b | 18.6x | 20.9x | 9.1x |
| Tue, 19 Nov 2024 | JP¥3.7t | JP¥391.3b | JP¥170.7b | 19.2x | 21.7x | 9.5x |
| Thu, 17 Oct 2024 | JP¥3.8t | JP¥403.7b | JP¥169.6b | 19.4x | 22.2x | 9.3x |
| Sat, 14 Sep 2024 | JP¥3.9t | JP¥400.5b | JP¥165.7b | 20x | 23.6x | 9.8x |
| Mon, 12 Aug 2024 | JP¥3.6t | JP¥403.4b | JP¥166.0b | 19.4x | 21.8x | 9x |
| Wed, 10 Jul 2024 | JP¥3.5t | JP¥404.7b | JP¥166.6b | 19.9x | 21.2x | 8.7x |
| Fri, 07 Jun 2024 | JP¥3.6t | JP¥408.8b | JP¥169.9b | 19.9x | 21.3x | 8.9x |
| Sun, 05 May 2024 | JP¥3.8t | JP¥399.3b | JP¥167.1b | 20.8x | 22.6x | 9.5x |
| Tue, 02 Apr 2024 | JP¥3.7t | JP¥390.9b | JP¥163.5b | 20.9x | 22.7x | 9.5x |
| Thu, 29 Feb 2024 | JP¥3.7t | JP¥391.3b | JP¥163.1b | 20.2x | 22.4x | 9.3x |
| Sat, 27 Jan 2024 | JP¥3.8t | JP¥392.4b | JP¥164.9b | 21.2x | 23.1x | 9.7x |
| Mon, 25 Dec 2023 | JP¥3.9t | JP¥393.8b | JP¥164.2b | 21.6x | 23.6x | 9.8x |
| Wed, 22 Nov 2023 | JP¥3.9t | JP¥395.1b | JP¥167.7b | 21.4x | 23.1x | 9.8x |
| Fri, 20 Oct 2023 | JP¥4.2t | JP¥424.5b | JP¥184.9b | 21.4x | 22.6x | 9.9x |
| Sun, 17 Sep 2023 | JP¥4.3t | JP¥424.8b | JP¥184.9b | 21.9x | 23.1x | 10x |
| Tue, 15 Aug 2023 | JP¥4.3t | JP¥428.6b | JP¥191.8b | 21.7x | 22.2x | 9.9x |
| Thu, 13 Jul 2023 | JP¥4.1t | JP¥427.4b | JP¥192.9b | 20.9x | 21.5x | 9.7x |
| Sat, 10 Jun 2023 | JP¥4.0t | JP¥419.0b | JP¥184.8b | 20.6x | 21.7x | 9.6x |
| Mon, 08 May 2023 | JP¥4.0t | JP¥416.7b | JP¥184.1b | 20.6x | 21.5x | 9.5x |
| Wed, 05 Apr 2023 | JP¥4.3t | JP¥432.2b | JP¥195.6b | 21.2x | 21.8x | 9.9x |
Price to Earnings Ratio
21.8x
Current Industry PE
- Investors are relatively neutral on the Japanese Office REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 22.3x.
- The industry is trading close to its 3-year average PS ratio of 9.5x.
Past Earnings Growth
- The earnings for companies in the Office REITs industry have declined 4.5% per year over the last three years,
- Revenues have also declined 3.1% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Japanese Real Estate industry?
| JP Market | -1.46% | |
| Real Estate | -0.079% | |
| Office REITs | -0.75% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 8975 Ichigo Office REIT Investment | JP¥78.20k | 1.3% +JP¥1.6b | -5.0% | PB1.2x | |
| 8958 Global One Real Estate Investment | JP¥96.60k | 1.2% +JP¥1.1b | -11.2% | PB0.9x | |
| 3234 Mori Hills REIT Investment | JP¥122.50k | 0.08% +JP¥191.6m | -11.4% | PB1.1x | |
| 2972 SANKEI REAL ESTATE | JP¥73.80k | 0.4% +JP¥140.1m | -18.3% | PB0.7x |