Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for CPN Retail Growth Leasehold REIT's Cyclically Adjusted PS Ratio or its related term are showing as below:
BKK:CPNREIT'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.16 Med: 10.71 Max: 23.46
Current: 6.68
During the past years, CPN Retail Growth Leasehold REIT's highest Cyclically Adjusted PS Ratio was 23.46. The lowest was 5.16. And the median was 10.71.
BKK:CPNREIT's Cyclically Adjusted PS Ratio is ranked worse than 59.52% of 541
companies
in the REITs industry
Industry Median: 5.72
vs BKK:CPNREIT: 6.68
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.
CPN Retail Growth Leasehold REIT's adjusted revenue per share data for the three months ended in Jun. 2026 was ฿0.489. 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 ฿2.00 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
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.
CPN Retail Growth Leasehold REIT Cyclically Adjusted PS Ratio Related Terms
CPN Retail Growth Leasehold REIT Cyclically Adjusted PS Ratio Historical Data
* 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.
CPN Retail Growth Leasehold REIT Cyclically Adjusted PS Ratio Chart
BKK:CPNREIT vs VICI, WPC, BNL: Cyclically Adjusted PS Ratio Comparison
For the REIT - Diversified subindustry, CPN Retail Growth Leasehold REIT'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.
CPN Retail Growth Leasehold REIT Cyclically Adjusted PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, CPN Retail Growth Leasehold REIT's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where CPN Retail Growth Leasehold REIT's Cyclically Adjusted PS Ratio falls into.
CPN Retail Growth Leasehold REIT 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.
* 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 PS Ratio of 6.60 mean?
CPN Retail Growth Leasehold REIT (BKK:CPNREIT) has a Cyclically Adjusted PS Ratio of 6.60 as of Aug. 31, 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 CPN Retail Growth Leasehold REIT and its competitors. This is 38% below median its historical median of 10.71. Over the past decade, CPN Retail Growth Leasehold REIT's Cyclically Adjusted PS Ratio has ranged from 5.16 to 23.46. According to the industry distribution chart, CPN Retail Growth Leasehold REIT ranks #322 out of 541 companies in the REITs industry, placing it in the top 59.5%.
Is CPN Retail Growth Leasehold REIT's Cyclically Adjusted PS Ratio too high?
CPN Retail Growth Leasehold REIT's current Cyclically Adjusted PS Ratio of 6.60 is 38% below median its 10-year median of 10.71. Over the past 10 years, this metric has ranged from a low of 5.16 to a high of 23.46. The REITs industry median Cyclically Adjusted PS Ratio is 5.72. CPN Retail Growth Leasehold REIT's value of 6.60 is 15.4% above this industry median. Based on the distribution chart, CPN Retail Growth Leasehold REIT ranks #322 out of 541 companies in the REITs industry, which is below the industry midpoint. Overall, CPN Retail Growth Leasehold REIT has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CPN Retail Growth Leasehold REIT's Cyclically Adjusted PS Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, CPN Retail Growth Leasehold REIT ranks #322 out of 541 companies for Cyclically Adjusted PS Ratio. This places CPN Retail Growth Leasehold REIT in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.72. CPN Retail Growth Leasehold REIT's value of 6.60 is 15.4% above this benchmark. Historically, CPN Retail Growth Leasehold REIT's own Cyclically Adjusted PS Ratio has ranged from 5.16 to 23.46 over the past decade. While the company's 10-year median is 10.71 vs. the industry median of 5.72, CPN Retail Growth Leasehold REIT 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 REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.72, based on 541 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. CPN Retail Growth Leasehold REIT's current Cyclically Adjusted PS Ratio of 6.60 is 15.4% 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 CPN Retail Growth Leasehold REIT and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPN Retail Growth Leasehold REIT's current Cyclically Adjusted PS Ratio is 6.60, which is 38% below median its own 10-year median of 10.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPN Retail Growth Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, CPN Retail Growth Leasehold REIT (BKK:CPNREIT) is currently considered Fairly Valued. The stock's GF Value™ is ฿11.99, compared to a current price of ฿13.20 — trading 10.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.60, which is 38% below median its 10-year median of 10.71 and 15.4% above the REITs industry median of 5.72. CPN Retail Growth Leasehold REIT's overall GF Score™ is 82/100 with 10 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 CPN Retail Growth Leasehold REIT (BKK:CPNREIT), the current Cyclically Adjusted PS Ratio is 6.60 as of Aug. 31, 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 CPN Retail Growth Leasehold REIT (BKK:CPNREIT) Overvalued in 2026?
Based on GuruFocus' analysis, CPN Retail Growth Leasehold REIT stock appears to be overvalued.
The current stock price of ฿13.20 is trading 10.1% above its estimated GF Value™ of ฿11.99.
GuruFocus considers CPN Retail Growth Leasehold REIT to be Fairly Valued.
Key valuation signals for BKK:CPNREIT:
Cyclically Adjusted PS Ratio: 6.60 (38% below median its 10-year median of 10.71)
GF Value™: ฿11.99 vs. price of ฿13.20 (10.1% above fair value)
Industry Position: 15.4% above the REITs median (#322 of 541)
No single metric tells the full story. See the BKK:CPNREIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CPN Retail Growth Leasehold REIT is a closed-end real estate investment trust. Its main business is investing in properties and leasehold rights, seeking the benefits from properties, and properties for rent. The company has invested in a few projects including shopping projects namely Central Rama 2, Central Rama 3, Central Pinklao and Central Chiangmai Airport, and 2 office buildings, Central Pinklao Tower A and Tower B, as well as invested in additional assets, namely Central Pattaya Shopping Center and Hilton Pattaya Hotel Its operational locality is Thailand. The Trust's reportable operating segment was only investments in leasehold properties and securities, which operated in only one geographical segment, i.e. Thailand by recognize revenue over the time.
82GF Score
Get the complete analysis for BKK:CPNREIT
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:CPNREIT has been successfully added to your 
