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Independence Realty TrustFRA:5O2 72 Cyclically Adjusted Price-to-FCF is 41.82 as of Jul. 22, 2026, which is 3% below its 10-year median of 43.12. GuruFocus rates FRA:5O2 with a GF Score™ of 72/100 and a GF Value™ of €14.36. The stock has 6 warning signs investors should review. Among 442 REITs companies, Independence Realty Trust ranks worse than 88.69% on this metric.
The historical rank and industry rank for Independence Realty Trust's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
FRA:5O2'
s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.11 Med: 43.12 Max: 70.97
Current: 42.97
During the past years, Independence Realty Trust's highest Cyclically Adjusted Price-to-FCF was 70.97. The lowest was 20.11. And the median was 43.12.
FRA:5O2's Cyclically Adjusted Price-to-FCF is ranked worse than 88.69% of 442
companies
in the REITs industry
Industry Median: 13.47
vs FRA:5O2: 42.97
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.
Independence Realty Trust's adjusted free cash flow per share data for the three months ended in Mar. 2026 was €0.116. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €0.33 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.
Independence Realty Trust Cyclically Adjusted Price-to-FCF Related Terms
Independence Realty Trust Cyclically Adjusted Price-to-FCF Historical Data
* Premium members only.
The historical data trend for Independence Realty Trust's Cyclically Adjusted Price-to-FCF 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.
FRA:5O2 vs MRP, JAN, UMH: Cyclically Adjusted Price-to-FCF Comparison
For the REIT - Residential subindustry, Independence Realty Trust's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.
Independence Realty Trust Cyclically Adjusted Price-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Independence Realty Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where Independence Realty Trust's Cyclically Adjusted Price-to-FCF falls into.
Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.
* 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.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted Price-to-FCF of 41.82 mean?
Independence Realty Trust (FRA:5O2) has a Cyclically Adjusted Price-to-FCF of 41.82 as of Jul. 22, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Independence Realty Trust and its competitors. This is near median its historical median of 43.12. Over the past decade, Independence Realty Trust's Cyclically Adjusted Price-to-FCF has ranged from 20.11 to 70.97. According to the industry distribution chart, Independence Realty Trust ranks #392 out of 442 companies in the REITs industry, placing it in the top 88.7%.
Is Independence Realty Trust's Cyclically Adjusted Price-to-FCF too high?
Independence Realty Trust's current Cyclically Adjusted Price-to-FCF of 41.82 is near median its 10-year median of 43.12. Over the past 10 years, this metric has ranged from a low of 20.11 to a high of 70.97. The REITs industry median Cyclically Adjusted Price-to-FCF is 13.47. Independence Realty Trust's value of 41.82 is 210.5% above this industry median. Based on the distribution chart, Independence Realty Trust ranks #392 out of 442 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Independence Realty Trust has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Independence Realty Trust's Cyclically Adjusted Price-to-FCF compare to MRP and JAN?
According to the REITs industry distribution chart, Independence Realty Trust ranks #392 out of 442 companies for Cyclically Adjusted Price-to-FCF. This places Independence Realty Trust in the lower half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 13.47. Independence Realty Trust's value of 41.82 is 210.5% above this benchmark. Historically, Independence Realty Trust's own Cyclically Adjusted Price-to-FCF has ranged from 20.11 to 70.97 over the past decade. While the company's 10-year median is 43.12 vs. the industry median of 13.47, Independence Realty Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Price-to-FCF for a REITs company?
The median Cyclically Adjusted Price-to-FCF among REITs companies is 13.47, based on 442 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Independence Realty Trust's current Cyclically Adjusted Price-to-FCF of 41.82 is 210.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Independence Realty Trust and its competitors. For the REITs industry, the median Cyclically Adjusted Price-to-FCF is 13.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independence Realty Trust's current Cyclically Adjusted Price-to-FCF is 41.82, which is near median its own 10-year median of 43.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independence Realty Trust stock overvalued right now?
Independence Realty Trust (FRA:5O2) has a current Cyclically Adjusted Price-to-FCF of 41.82. The stock's GF Value™ is €14.36, compared to a current price of €13.80 — trading 3.9% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 41.82, which is near median its 10-year median of 43.12 and 210.5% above the REITs industry median of 13.47. Independence Realty Trust's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For Independence Realty Trust (FRA:5O2), the current Cyclically Adjusted Price-to-FCF is 41.82 as of Jul. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Independence Realty Trust (FRA:5O2) Overvalued in 2026?
Based on GuruFocus' analysis, Independence Realty Trust stock appears to be undervalued.
The current stock price of €13.80 is trading 3.9% below its estimated GF Value™ of €14.36.
Key valuation signals for FRA:5O2:
Cyclically Adjusted Price-to-FCF: 41.82 (near median its 10-year median of 43.12)
GF Value™: €14.36 vs. price of €13.80 (3.9% below fair value)
Industry Position: 210.5% above the REITs median (#392 of 442)
No single metric tells the full story. See the FRA:5O2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Independence Realty Trust Inc is a real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It owns and operates multifamily apartment properties, across non-gateway U.S markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and various employment centers.
72GF Score
Get the complete analysis for FRA:5O2
Cyclically Adjusted Price-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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