APYRF (Allied Properties Real Estate Investment Trust) Cyclically Adjusted PS Ratio: 2.03 (As of Jul. 06, 2026) — 73% Below Median


APYRF Allied Properties Real Estate Investment Trust APYRF
58 GF Score
Price $7.22
GF Value $10.52
Valuation Possible Value Trap
! 9 Warning Signs
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What is Allied Properties Real Estate Investment Trust Cyclically Adjusted PS Ratio?

Allied Properties Real Estate Investment Trust APYRF +3.72% 58 Cyclically Adjusted PS Ratio is 2.03 as of Jul. 06, 2026, which is 73% below its 10-year median of 7.64. GuruFocus rates APYRF with a GF Score™ of 58/100 and a GF Value™ of $10.52 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 556 REITs companies, Allied Properties Real Estate Investment Trust ranks better than 84.71% on this metric.

As of today (2026-07-06), Allied Properties Real Estate Investment Trust's current share price is $7.22. Allied Properties Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $3.56. Allied Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 2.03.

The historical rank and industry rank for Allied Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

APYRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.8   Med: 7.64   Max: 11.99
Current: 2.05

During the past years, Allied Properties Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 11.99. The lowest was 1.80. And the median was 7.64.

APYRF's Cyclically Adjusted PS Ratio is ranked better than
84.71% of 556 companies
in the REITs industry
Industry Median: 5.905 vs APYRF: 2.05

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.

Allied Properties Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.536. 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 $3.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allied Properties Real Estate Investment Trust  (OTCPK:APYRF) 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.


Allied Properties Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms


Allied Properties Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Allied Properties Real Estate Investment 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.

Allied Properties Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

Allied Properties Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.72 4.95 3.90 3.37 2.66

Allied Properties Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.20 3.37 4.09 2.66 1.83

APYRF vs BXP, ARE, VNO: Cyclically Adjusted PS Ratio Comparison

For the REIT - Office subindustry, Allied Properties Real Estate Investment 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.


Allied Properties Real Estate Investment Trust Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Allied Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Allied Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio falls into.


APYRF
58GF Score
Allied Properties Real Estate Investment Trust APYRF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Allied Properties Real Estate Investment 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.

Allied Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.22/3.56
=2.03

* 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.

Allied Properties Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Allied Properties Real Estate Investment Trust's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.536/132.2600*132.2600
=0.536

Current CPI (Mar. 2026) = 132.2600.

Allied Properties Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.933 102.002 1.210
201609 0.904 101.765 1.175
201612 0.923 101.449 1.203
201703 0.899 102.634 1.159
201706 0.912 103.029 1.171
201709 0.973 103.345 1.245
201712 0.906 103.345 1.159
201803 0.888 105.004 1.118
201806 0.868 105.557 1.088
201809 0.835 105.636 1.045
201812 0.807 105.399 1.013
201903 0.825 106.979 1.020
201906 0.801 107.690 0.984
201909 0.924 107.611 1.136
201912 1.058 107.769 1.298
202003 0.808 107.927 0.990
202006 0.818 108.401 0.998
202009 0.849 108.164 1.038
202012 0.890 108.559 1.084
202103 0.880 110.298 1.055
202106 0.890 111.720 1.054
202109 0.883 112.905 1.034
202112 0.310 113.774 0.360
202203 0.745 117.646 0.838
202206 0.731 120.806 0.800
202209 0.707 120.648 0.775
202212 0.716 120.964 0.783
202303 0.724 122.702 0.780
202306 0.733 124.203 0.781
202309 0.732 125.230 0.773
202312 0.805 125.072 0.851
202403 0.759 126.258 0.795
202406 0.766 127.522 0.794
202409 0.774 127.285 0.804
202412 0.779 127.364 0.809
202503 0.751 129.181 0.769
202506 0.759 129.892 0.773
202509 0.765 130.290 0.777
202512 0.772 130.370 0.783
202603 0.536 132.260 0.536

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 2.03 mean?
Allied Properties Real Estate Investment Trust (APYRF) has a Cyclically Adjusted PS Ratio of 2.03 as of Jul. 06, 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 Allied Properties Real Estate Investment Trust and its competitors. This is 73% below median its historical median of 7.64. Over the past decade, Allied Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio has ranged from 1.80 to 11.99. According to the industry distribution chart, Allied Properties Real Estate Investment Trust ranks #85 out of 556 companies in the REITs industry, placing it in the top 15.3%.
Is Allied Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio too high?
Allied Properties Real Estate Investment Trust's current Cyclically Adjusted PS Ratio of 2.03 is 73% below median its 10-year median of 7.64. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 11.99. The REITs industry median Cyclically Adjusted PS Ratio is 5.91. Allied Properties Real Estate Investment Trust's value of 2.03 is 65.6% below this industry median. Based on the distribution chart, Allied Properties Real Estate Investment Trust ranks #85 out of 556 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Allied Properties Real Estate Investment Trust has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Allied Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Allied Properties Real Estate Investment Trust ranks #85 out of 556 companies for Cyclically Adjusted PS Ratio. This places Allied Properties Real Estate Investment Trust in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.91. Allied Properties Real Estate Investment Trust's value of 2.03 is 65.6% below this benchmark. Historically, Allied Properties Real Estate Investment Trust's own Cyclically Adjusted PS Ratio has ranged from 1.80 to 11.99 over the past decade. While the company's 10-year median is 7.64 vs. the industry median of 5.91, Allied Properties Real Estate Investment Trust has consistently been below 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 REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.91, based on 556 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. Allied Properties Real Estate Investment Trust's current Cyclically Adjusted PS Ratio of 2.03 is 65.6% below 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 Allied Properties Real Estate Investment Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allied Properties Real Estate Investment Trust's current Cyclically Adjusted PS Ratio is 2.03, which is 73% below median its own 10-year median of 7.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied Properties Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Allied Properties Real Estate Investment Trust (APYRF) is currently considered Possible Value Trap. The stock's GF Value™ is $10.52, compared to a current price of $7.22 — trading 31.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.03, which is 73% below median its 10-year median of 7.64 and 65.6% below the REITs industry median of 5.91. Allied Properties Real Estate Investment Trust's overall GF Score™ is 58/100 with 9 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 Allied Properties Real Estate Investment Trust (APYRF), the current Cyclically Adjusted PS Ratio is 2.03 as of Jul. 06, 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 Allied Properties Real Estate Investment Trust (APYRF) Overvalued in 2026?

Based on GuruFocus' analysis, Allied Properties Real Estate Investment Trust stock appears to be undervalued. The current stock price of $7.22 is trading 31.4% below its estimated GF Value™ of $10.52. GuruFocus considers Allied Properties Real Estate Investment Trust to be Possible Value Trap.

Key valuation signals for APYRF:

  • Cyclically Adjusted PS Ratio: 2.03 (73% below median its 10-year median of 7.64)
  • GF Value™: $10.52 vs. price of $7.22 (31.4% below fair value)
  • GF Score™: 58/100 with 9 warning signs
  • Industry Position: 65.6% below the REITs median (#85 of 556)

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


Allied Properties Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges 5G8:GermanyAP.UN:Canada
Address 134 Peter Street, Suite 1700, Toronto, ON, CAN, M5V 2H2
Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of urban office environments across Canadian cities. Maximum of the total square footage in the company's real estate portfolio is located in Toronto, Calgary, Vancouver and Montreal. Allied Properties derives nearly all of its income in the form of rental revenue from tenants in its properties. The majority of this revenue comes from its assets located in Central Canada. Allied Properties' maximum tenants include IT, banking, government, marketing, and telecommunications firms. The company also controls a number of telecommunications / IT and retail properties within its real estate portfolio.
58GF Score

Get the complete analysis for APYRF

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

$7.22
Price
$10.52
GF Value