ACNDF (CapitaLand India Trust) Cyclically Adjusted PS Ratio: 4.71 (As of Jul. 04, 2026) — 26% Below Median


ACNDF CapitaLand India Trust ACNDF
63 GF Score
Price $0.80
GF Value $0.96
Valuation Modestly Undervalued
! 8 Warning Signs
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What is CapitaLand India Trust Cyclically Adjusted PS Ratio?

CapitaLand India Trust ACNDF +4.46% 63 Cyclically Adjusted PS Ratio is 4.71 as of Jul. 04, 2026, which is 26% below its 10-year median of 6.40. GuruFocus rates ACNDF with a GF Scoreâ„¢ of 63/100 and a GF Valueâ„¢ of $0.96 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,358 Real Estate companies, CapitaLand India Trust ranks worse than 75.18% on this metric.

As of today (2026-07-04), CapitaLand India Trust's current share price is $0.8011. CapitaLand India Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was $0.17. CapitaLand India Trust's Cyclically Adjusted PS Ratio for today is 4.71.

The historical rank and industry rank for CapitaLand India Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

ACNDF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.33   Med: 6.4   Max: 10.39
Current: 4.87

During the past 13 years, CapitaLand India Trust's highest Cyclically Adjusted PS Ratio was 10.39. The lowest was 4.33. And the median was 6.40.

ACNDF's Cyclically Adjusted PS Ratio is ranked worse than
75.18% of 1358 companies
in the Real Estate industry
Industry Median: 1.82 vs ACNDF: 4.87

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

CapitaLand India Trust's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $0.170. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $0.17 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


CapitaLand India Trust  (OTCPK:ACNDF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


CapitaLand India Trust Cyclically Adjusted PS Ratio Related Terms


CapitaLand India Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CapitaLand India Trust's Cyclically Adjusted PS Ratio 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.

CapitaLand India Trust Cyclically Adjusted PS Ratio Chart

CapitaLand India Trust Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.71 5.87 5.80 5.21 5.71

CapitaLand India Trust Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.80 0.00 5.21 0.00 5.71

ACNDF vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, CapitaLand India Trust's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


CapitaLand India Trust Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, CapitaLand India Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CapitaLand India Trust's Cyclically Adjusted PS Ratio falls into.


ACNDF
63GF Score
CapitaLand India Trust ACNDF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CapitaLand India Trust Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

CapitaLand India Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.8011/0.17
=4.71

* 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.

CapitaLand India Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, CapitaLand India Trust's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.17/324.0540*324.0540
=0.170

Current CPI (Dec25) = 324.0540.

CapitaLand India Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.113 238.132 0.154
201703 0.119 243.801 0.158
201803 0.150 249.554 0.195
201903 0.129 254.202 0.164
202012 0.125 260.474 0.156
202112 0.122 278.802 0.142
202212 0.134 296.797 0.146
202312 0.141 306.746 0.149
202412 0.154 315.605 0.158
202512 0.170 324.054 0.170

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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 PS Ratio of 4.71 mean?
CapitaLand India Trust (ACNDF) has a Cyclically Adjusted PS Ratio of 4.71 as of Jul. 04, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on CapitaLand India Trust and its competitors. This is 26% below median its historical median of 6.40. Over the past decade, CapitaLand India Trust's Cyclically Adjusted PS Ratio has ranged from 4.33 to 10.39. According to the industry distribution chart, CapitaLand India Trust ranks #1021 out of 1358 companies in the Real Estate industry, placing it in the top 75.2%.
Is CapitaLand India Trust's Cyclically Adjusted PS Ratio too high?
CapitaLand India Trust's current Cyclically Adjusted PS Ratio of 4.71 is 26% below median its 10-year median of 6.40. Over the past 10 years, this metric has ranged from a low of 4.33 to a high of 10.39. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.82. CapitaLand India Trust's value of 4.71 is 158.8% above this industry median. Based on the distribution chart, CapitaLand India Trust ranks #1021 out of 1358 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, CapitaLand India Trust has a GF Scoreâ„¢ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CapitaLand India Trust's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, CapitaLand India Trust ranks #1021 out of 1358 companies for Cyclically Adjusted PS Ratio. This places CapitaLand India Trust in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.82. CapitaLand India Trust's value of 4.71 is 158.8% above this benchmark. Historically, CapitaLand India Trust's own Cyclically Adjusted PS Ratio has ranged from 4.33 to 10.39 over the past decade. While the company's 10-year median is 6.40 vs. the industry median of 1.82, CapitaLand India 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 PS Ratio for a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.82, based on 1,358 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CapitaLand India Trust's current Cyclically Adjusted PS Ratio of 4.71 is 158.8% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on CapitaLand India Trust and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CapitaLand India Trust's current Cyclically Adjusted PS Ratio is 4.71, which is 26% below median its own 10-year median of 6.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CapitaLand India Trust stock overvalued right now?
Based on GuruFocus' analysis, CapitaLand India Trust (ACNDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.96, compared to a current price of $0.80 — trading 16.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.71, which is 26% below median its 10-year median of 6.40 and 158.8% above the Real Estate industry median of 1.82. CapitaLand India Trust's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For CapitaLand India Trust (ACNDF), the current Cyclically Adjusted PS Ratio is 4.71 as of Jul. 04, 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 CapitaLand India Trust (ACNDF) Overvalued in 2026?

Based on GuruFocus' analysis, CapitaLand India Trust stock appears to be undervalued. The current stock price of $0.80 is trading 16.6% below its estimated GF Value™ of $0.96. GuruFocus considers CapitaLand India Trust to be Modestly Undervalued.

Key valuation signals for ACNDF:

  • Cyclically Adjusted PS Ratio: 4.71 (26% below median its 10-year median of 6.40)
  • GF Value™: $0.96 vs. price of $0.80 (16.6% below fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 158.8% above the Real Estate median (#1021 of 1358)

No single metric tells the full story. See the ACNDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CapitaLand India Trust Business Description

Other Exchanges CY6U:Singapore
Address 168 Robinson Road, No. 30-01, Capital Tower, Singapore, SGP, 068912
CapitaLand India Trust is a Singapore-listed property trust that is focused on owning income producing real estate used as business space in India and real estate related assets in relation to the foregoing. Its principal objective is to own income-producing real estate used as business space in India. The trust's portfolio includes IT business parks, industrial facilities, logistics park and data centre developments in India. The company's revenues are derived prominently from corporate tenants.
63GF Score

Get the complete analysis for ACNDF

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.80
Price
$0.96
GF Value