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Open House Group Co Ltd
TSE:3288

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Open House Group Co Ltd
TSE:3288
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Price: 9 162 JPY -1.9% Market Closed
Market Cap: ¥1.1T

P/S

0.8
Current
42%
More Expensive
vs 3-y average of 0.5

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.8
=
Market Cap
¥1.3T
/
Revenue
¥1.4T

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.8
=
Market Cap
¥1.3T
/
Revenue
¥1.4T

Valuation Scenarios

Open House Group Co Ltd is trading above its 3-year average

If P/S returns to its 3-Year Average (0.5), the stock would be worth ¥6 469.62 (29% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-29%
Maximum Upside
+45%
Average Upside
5%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 0.8 ¥9 162
0%
3-Year Average 0.5 ¥6 469.62
-29%
5-Year Average 0.6 ¥7 449.43
-19%
Industry Average 1 ¥11 442.27
+25%
Country Average 1.1 ¥13 248.67
+45%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
¥1.3T
/
Jan 2026
¥1.4T
=
0.8
Current
¥1.3T
/
Sep 2026
¥1.5T
=
0.8
Forward
¥1.3T
/
Sep 2027
¥1.6T
=
0.8
Forward
¥1.3T
/
Sep 2028
¥1.7T
=
0.7
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
JP
Open House Group Co Ltd
TSE:3288
1T JPY 0.8 9.8
US
D R Horton Inc
NYSE:DHI
43.8B USD 1.3 13.8
US
DR Horton Inc
XMUN:HO2
27.1B EUR 1 10
US
Pultegroup Inc
NYSE:PHM
23.3B USD 1.4 11.4
US
Lennar Corp
NYSE:LEN
22.3B USD 0.7 12.6
US
NVR Inc
NYSE:NVR
17.6B USD 1.8 14.2
JP
Sekisui House Ltd
TSE:1928
2.2T JPY 0.5 9.5
US
Toll Brothers Inc
NYSE:TOL
13.5B USD 1.2 9.8
US
TopBuild Corp
NYSE:BLD
12.4B USD 2.3 23.8
UK
Barratt Developments P L C
LSE:BDEV
6.8B GBP 1.6 31.3
US
Installed Building Products Inc
NYSE:IBP
7.8B USD 2.6 29.3

Market Distribution

In line with most companies in Japan
Percentile
34rd
Based on 5 249 companies
34rd percentile
0.8
Low
0 — 0.7
Typical Range
0.7 — 1.9
High
1.9 —
Distribution Statistics
Japan
Min 0
30th Percentile 0.7
Median 1.1
70th Percentile 1.9
Max 12 107 466

Open House Group Co Ltd
Glance View

Market Cap
1.1T JPY
Industry
Consumer products

Nestled in the bustling urban landscapes of Japan, Open House Group Co Ltd stands as a prominent player in the real estate market. Founded in 1997, the company has crafted its niche by adopting an innovative business approach situated at the intersection of real estate and customer needs. With a vision to provide accessible housing solutions in urban areas, Open House Group adeptly navigates the complexities of the housing market through a blend of residential property sales, brokerage, and development. Its core operation revolves around purchasing or developing residential and commercial properties—particularly in high-demand urban locales such as Tokyo—and selling these properties to individuals and families. This model not only capitalizes on the thriving real estate market but also meets the increasing demand for modern, urban living spaces. The company's prowess is further amplified by its strategic integration of various services within the real estate ecosystem. Through its brokerage services, Open House Group connects property seekers with the market's diverse offerings, ensuring a seamless transaction experience. Additionally, the firm has expanded its footprint into asset management and financial services, bridging the gap between real estate and financial portfolios for its clients. By offering mortgage services and property management solutions, Open House Group capitalizes on the entire lifecycle of real estate investment, capturing value from acquisition to management, and eventually, resale. Their comprehensive approach not only reinforces customer loyalty but also diversifies revenue streams, solidifying its position as a diversified powerhouse in the competitive Japanese real estate market.

Intrinsic Value
17 017.17 JPY
Undervaluation 46%
Intrinsic Value
Price ¥9 162
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