LH Shopping Centers Leasehold Real Estate Investment Trust (BKK:LHSC) Cyclically Adjusted PS Ratio: 5.60 (As of Jul. 28, 2026) — 24% Above Median

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BKK:LHSC LH Shopping Centers Leasehold Real Estate Investment Trust BKK:LHSC
89 GF Score
Price ฿15.40
GF Value ฿14.10
Valuation Fairly Valued
! 6 Warning Signs
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What is LH Shopping Centers Leasehold Real Estate Investment Trust Cyclically Adjusted PS Ratio?

LH Shopping Centers Leasehold Real Estate Investment Trust BKK:LHSC +0.65% 89 Cyclically Adjusted PS Ratio is 5.60 as of Jul. 28, 2026, which is 24% above its 10-year median of 4.52. GuruFocus rates BKK:LHSC with a GF Score™ of 89/100 and a GF Value™ of ฿14.10 (Fairly Valued). The stock has 6 warning signs investors should review. Among 547 REITs companies, LH Shopping Centers Leasehold Real Estate Investment Trust ranks better than 52.29% on this metric.

As of today (2026-07-28), LH Shopping Centers Leasehold Real Estate Investment Trust's current share price is ฿15.40. LH Shopping Centers Leasehold Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿2.75. LH Shopping Centers Leasehold Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 5.60.

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

BKK:LHSC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.21   Med: 4.52   Max: 5.6
Current: 5.56

During the past years, LH Shopping Centers Leasehold Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 5.60. The lowest was 4.21. And the median was 4.52.

BKK:LHSC's Cyclically Adjusted PS Ratio is ranked better than
52.29% of 547 companies
in the REITs industry
Industry Median: 5.82 vs BKK:LHSC: 5.56

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.

LH Shopping Centers Leasehold Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.905. 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 ฿2.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


LH Shopping Centers Leasehold Real Estate Investment Trust  (BKK:LHSC) 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.


LH Shopping Centers Leasehold Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms


LH Shopping Centers Leasehold Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for LH Shopping Centers Leasehold 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.

LH Shopping Centers Leasehold Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

LH Shopping Centers Leasehold 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 0.00 0.00 0.00 4.37 4.76

LH Shopping Centers Leasehold 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 4.59 4.31 4.54 4.76 5.05

BKK:LHSC vs VICI, WPC, BNL: Cyclically Adjusted PS Ratio Comparison

For the REIT - Diversified subindustry, LH Shopping Centers Leasehold 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.


LH Shopping Centers Leasehold Real Estate Investment Trust Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where LH Shopping Centers Leasehold Real Estate Investment Trust's Cyclically Adjusted PS Ratio falls into.


BKK:LHSC
89GF Score
LH Shopping Centers Leasehold Real Estate Investment Trust BKK:LHSC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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LH Shopping Centers Leasehold 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.

LH Shopping Centers Leasehold 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
=15.40/2.75
=5.60

* 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.

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

For example, LH Shopping Centers Leasehold 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)
=0.905/330.2130*330.2130
=0.905

Current CPI (Mar. 2026) = 330.2130.

LH Shopping Centers Leasehold Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.595 241.018 0.815
201609 0.612 241.428 0.837
201612 0.598 241.432 0.818
201703 0.603 243.801 0.817
201706 0.636 244.955 0.857
201709 0.633 246.819 0.847
201712 0.632 246.524 0.847
201803 0.638 249.554 0.844
201806 0.663 251.989 0.869
201809 0.692 252.439 0.905
201812 0.667 251.233 0.877
201903 0.670 254.202 0.870
201906 0.687 256.143 0.886
201909 0.683 256.759 0.878
201912 0.652 256.974 0.838
202003 0.538 258.115 0.688
202006 0.214 257.797 0.274
202009 0.290 260.280 0.368
202012 0.310 260.474 0.393
202103 0.263 264.877 0.328
202106 0.161 271.696 0.196
202109 0.107 274.310 0.129
202112 0.251 278.802 0.297
202203 0.284 287.504 0.326
202206 0.363 296.311 0.405
202209 0.451 296.808 0.502
202212 0.555 296.797 0.617
202303 0.579 301.836 0.633
202306 0.630 305.109 0.682
202309 0.664 307.789 0.712
202312 0.697 306.746 0.750
202403 0.703 312.332 0.743
202406 0.714 314.175 0.750
202409 0.719 315.301 0.753
202412 0.667 315.605 0.698
202503 0.870 319.799 0.898
202506 0.846 322.561 0.866
202509 0.846 324.800 0.860
202512 0.916 324.054 0.933
202603 0.905 330.213 0.905

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 5.60 mean?
LH Shopping Centers Leasehold Real Estate Investment Trust (BKK:LHSC) has a Cyclically Adjusted PS Ratio of 5.60 as of Jul. 28, 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 LH Shopping Centers Leasehold Real Estate Investment Trust and its competitors. This is 24% above median its historical median of 4.52. Over the past decade, LH Shopping Centers Leasehold Real Estate Investment Trust's Cyclically Adjusted PS Ratio has ranged from 4.21 to 5.60. According to the industry distribution chart, LH Shopping Centers Leasehold Real Estate Investment Trust ranks #261 out of 547 companies in the REITs industry, placing it in the top 47.7%.
Is LH Shopping Centers Leasehold Real Estate Investment Trust's Cyclically Adjusted PS Ratio too high?
LH Shopping Centers Leasehold Real Estate Investment Trust's current Cyclically Adjusted PS Ratio of 5.60 is 24% above median its 10-year median of 4.52. Over the past 10 years, this metric has ranged from a low of 4.21 to a high of 5.60. The REITs industry median Cyclically Adjusted PS Ratio is 5.82. LH Shopping Centers Leasehold Real Estate Investment Trust's value of 5.60 is 3.8% below this industry median. Based on the distribution chart, LH Shopping Centers Leasehold Real Estate Investment Trust ranks #261 out of 547 companies in the REITs industry, which is above the industry midpoint. Overall, LH Shopping Centers Leasehold Real Estate Investment Trust has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does LH Shopping Centers Leasehold Real Estate Investment Trust's Cyclically Adjusted PS Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, LH Shopping Centers Leasehold Real Estate Investment Trust ranks #261 out of 547 companies for Cyclically Adjusted PS Ratio. This puts LH Shopping Centers Leasehold Real Estate Investment Trust in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.82. LH Shopping Centers Leasehold Real Estate Investment Trust's value of 5.60 is 3.8% below this benchmark. Historically, LH Shopping Centers Leasehold Real Estate Investment Trust's own Cyclically Adjusted PS Ratio has ranged from 4.21 to 5.60 over the past decade. While the company's 10-year median is 4.52 vs. the industry median of 5.82, LH Shopping Centers Leasehold 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 5.82, based on 547 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. LH Shopping Centers Leasehold Real Estate Investment Trust's current Cyclically Adjusted PS Ratio of 5.60 is 3.8% 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 LH Shopping Centers Leasehold Real Estate Investment Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LH Shopping Centers Leasehold Real Estate Investment Trust's current Cyclically Adjusted PS Ratio is 5.60, which is 24% above median its own 10-year median of 4.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LH Shopping Centers Leasehold Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, LH Shopping Centers Leasehold Real Estate Investment Trust (BKK:LHSC) is currently considered Fairly Valued. The stock's GF Value™ is ฿14.10, compared to a current price of ฿15.40 — trading 9.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.60, which is 24% above median its 10-year median of 4.52 and 3.8% below the REITs industry median of 5.82. LH Shopping Centers Leasehold Real Estate Investment Trust's overall GF Score™ is 89/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For LH Shopping Centers Leasehold Real Estate Investment Trust (BKK:LHSC), the current Cyclically Adjusted PS Ratio is 5.60 as of Jul. 28, 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 LH Shopping Centers Leasehold Real Estate Investment Trust (BKK:LHSC) Overvalued in 2026?

Based on GuruFocus' analysis, LH Shopping Centers Leasehold Real Estate Investment Trust stock appears to be overvalued. The current stock price of ฿15.40 is trading 9.2% above its estimated GF Value™ of ฿14.10. GuruFocus considers LH Shopping Centers Leasehold Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for BKK:LHSC:

  • Cyclically Adjusted PS Ratio: 5.60 (24% above median its 10-year median of 4.52)
  • GF Value™: ฿14.10 vs. price of ฿15.40 (9.2% above fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 3.8% below the REITs median (#261 of 547)

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


LH Shopping Centers Leasehold Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address South Sathorn Road, 1 Q.House Lumpini Building14th Floor, Tungmahamek, Sathorn, Bangkok, THA, 10120
LH Shopping Centers Leasehold Real Estate Investment Trust is a specific closed-end real estate investment trust. The Trust's objectives are to raise funds from general investors and to use the proceeds from such fundraising for purchase and/or lease and/or sub-lease and/or take the transfer of leasehold rights and/or the transfer of sub-leasehold rights to immovable properties, and seek benefits from those properties, whether in the form of improving, changing, developing and/or disposing of the properties for the purpose of generating income and returns for the Trust and its unitholders.
89GF Score

Get the complete analysis for BKK:LHSC

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

฿15.40
Price
฿14.10
GF Value