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Quality Houses Business Complex Leasehold REITBKK:QHBREIT 41 Cyclically Adjusted PS Ratio is 2.21 as of Sep. 07, 2026, which is 64% below its 10-year median of 6.15. GuruFocus rates BKK:QHBREIT with a GF Score™ of 41/100. The stock has 3 warning signs investors should review. Among 544 REITs companies, Quality Houses Business Complex Leasehold REIT ranks better than 83.09% on this metric.
BKK:QHBREIT's Cyclically Adjusted PS Ratio is ranked better than 83.09% of 544
companies
in the REITs industry
Industry Median: 5.71
vs BKK:QHBREIT: 2.20
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.
Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT) 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.
Quality Houses Business Complex Leasehold REIT Cyclically Adjusted PS Ratio Related Terms
Quality Houses Business Complex 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.
Quality Houses Business Complex Leasehold REIT Cyclically Adjusted PS Ratio Chart
Quality Houses Business Complex Leasehold REIT Annual Data
BKK:QHBREIT vs BXP, ARE, VNO: Cyclically Adjusted PS Ratio Comparison
For the REIT - Office subindustry, Quality Houses Business Complex 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.
Quality Houses Business Complex Leasehold REIT Cyclically Adjusted PS Ratio vs REITs Industry
Quality Houses Business Complex 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 2.21 mean?
Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT) has a Cyclically Adjusted PS Ratio of 2.21 as of Sep. 07, 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 Quality Houses Business Complex Leasehold REIT and its competitors. This is 64% below median its historical median of 6.15. Over the past decade, Quality Houses Business Complex Leasehold REIT's Cyclically Adjusted PS Ratio has ranged from 1.90 to 10.99. According to the industry distribution chart, Quality Houses Business Complex Leasehold REIT ranks #92 out of 544 companies in the REITs industry, placing it in the top 16.9%.
Is Quality Houses Business Complex Leasehold REIT's Cyclically Adjusted PS Ratio too high?
Quality Houses Business Complex Leasehold REIT's current Cyclically Adjusted PS Ratio of 2.21 is 64% below median its 10-year median of 6.15. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 10.99. The REITs industry median Cyclically Adjusted PS Ratio is 5.71. Quality Houses Business Complex Leasehold REIT's value of 2.21 is 61.3% below this industry median. Based on the distribution chart, Quality Houses Business Complex Leasehold REIT ranks #92 out of 544 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Quality Houses Business Complex Leasehold REIT has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Quality Houses Business Complex Leasehold REIT's Cyclically Adjusted PS Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Quality Houses Business Complex Leasehold REIT ranks #92 out of 544 companies for Cyclically Adjusted PS Ratio. This places Quality Houses Business Complex Leasehold REIT in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.71. Quality Houses Business Complex Leasehold REIT's value of 2.21 is 61.3% below this benchmark. Historically, Quality Houses Business Complex Leasehold REIT's own Cyclically Adjusted PS Ratio has ranged from 1.90 to 10.99 over the past decade. While the company's 10-year median is 6.15 vs. the industry median of 5.71, Quality Houses Business Complex Leasehold REIT 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 5.71, based on 544 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. Quality Houses Business Complex Leasehold REIT's current Cyclically Adjusted PS Ratio of 2.21 is 61.3% 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 Quality Houses Business Complex Leasehold REIT and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quality Houses Business Complex Leasehold REIT's current Cyclically Adjusted PS Ratio is 2.21, which is 64% below median its own 10-year median of 6.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality Houses Business Complex Leasehold REIT stock overvalued right now?
Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT) has a current Cyclically Adjusted PS Ratio of 2.21. The current Cyclically Adjusted PS Ratio is 2.21, which is 64% below median its 10-year median of 6.15 and 61.3% below the REITs industry median of 5.71. Quality Houses Business Complex Leasehold REIT's overall GF Score™ is 41/100 with 3 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 Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT), the current Cyclically Adjusted PS Ratio is 2.21 as of Sep. 07, 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.
Quality Houses Business Complex Leasehold REIT is a Thailand-based closed-end property trust. It purchases, leases, and subleases immovable properties, and seeks benefits by way of letting, subletting transfer, or disposal of those immovable properties. Its properties include the Q House Ploenchit Building, Q House Lumpini Building, and Wave Place Building. The company operates in one reportable operating segment, which is Rental of immovable properties. Its operations are located in Thailand.
41GF Score
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