BOWFF (Boardwalk Real Estate Investment Trust) Cyclically Adjusted PS Ratio: 5.67 (As of Aug. 21, 2026) — 11% Above Median

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BOWFF Boardwalk Real Estate Investment Trust BOWFF
72 GF Score
Price $47.06
GF Value $51.82
Valuation Fairly Valued
! 5 Warning Signs
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What is Boardwalk Real Estate Investment Trust Cyclically Adjusted PS Ratio?

Boardwalk Real Estate Investment Trust BOWFF 72 Cyclically Adjusted PS Ratio is 5.67 as of Aug. 21, 2026, which is 11% above its 10-year median of 5.11. GuruFocus rates BOWFF with a GF Score™ of 72/100 and a GF Value™ of $51.82 (Fairly Valued). The stock has 5 warning signs investors should review. Among 541 REITs companies, Boardwalk Real Estate Investment Trust ranks better than 52.31% on this metric.

As of today (2026-08-21), Boardwalk Real Estate Investment Trust's current share price is $47.06. Boardwalk Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $8.30. Boardwalk Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 5.67.

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

BOWFF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.05   Med: 5.11   Max: 8.05
Current: 5.45

During the past years, Boardwalk Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 8.05. The lowest was 2.05. And the median was 5.11.

BOWFF's Cyclically Adjusted PS Ratio is ranked better than
52.31% of 541 companies
in the REITs industry
Industry Median: 5.77 vs BOWFF: 5.45

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.

Boardwalk Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Jun. 2026 was $2.441. 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 $8.30 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boardwalk Real Estate Investment Trust  (OTCPK:BOWFF) 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.


Boardwalk Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms


Boardwalk Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Boardwalk 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.

Boardwalk Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

Boardwalk 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 5.40 4.62 6.39 5.72 5.63

Boardwalk Real Estate Investment Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.09 6.01 5.63 5.42 5.51

BOWFF vs AVB, EQR, ESS: Cyclically Adjusted PS Ratio Comparison

For the REIT - Residential subindustry, Boardwalk 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.


Boardwalk Real Estate Investment Trust Cyclically Adjusted PS Ratio vs REITs Industry

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

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


BOWFF
72GF Score
Boardwalk Real Estate Investment Trust BOWFF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Boardwalk 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.

Boardwalk 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
=47.06/8.30
=5.67

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.441/133.5265*133.5265
=2.441

Current CPI (Jun. 2026) = 133.5265.

Boardwalk Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.639 101.765 2.151
201612 1.720 101.449 2.264
201703 1.553 102.634 2.020
201706 1.564 103.029 2.027
201709 1.693 103.345 2.187
201712 1.639 103.345 2.118
201803 1.629 105.004 2.071
201806 1.781 105.557 2.253
201809 1.800 105.636 2.275
201812 1.280 105.399 1.622
201903 1.804 106.979 2.252
201906 1.677 107.690 2.079
201909 1.863 107.611 2.312
201912 1.886 107.769 2.337
202003 1.631 107.927 2.018
202006 1.852 108.401 2.281
202009 1.721 108.164 2.125
202012 1.783 108.559 2.193
202103 1.979 110.298 2.396
202106 2.067 111.720 2.470
202109 2.007 112.905 2.374
202112 1.997 113.774 2.344
202203 2.030 117.646 2.304
202206 1.894 120.806 2.093
202209 2.055 120.648 2.274
202212 1.910 120.964 2.108
202303 2.093 122.702 2.278
202306 2.215 124.203 2.381
202309 2.235 125.230 2.383
202312 2.293 125.072 2.448
202403 2.173 126.258 2.298
202406 2.015 127.522 2.110
202409 2.292 127.285 2.404
202412 1.612 127.364 1.690
202503 2.213 129.181 2.287
202506 2.352 129.892 2.418
202509 2.173 130.287 2.227
202512 1.800 130.366 1.844
202603 2.264 132.262 2.286
202606 2.441 133.527 2.441

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 5.67 mean?
Boardwalk Real Estate Investment Trust (BOWFF) has a Cyclically Adjusted PS Ratio of 5.67 as of Aug. 21, 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 Boardwalk Real Estate Investment Trust and its competitors. This is 11% above median its historical median of 5.11. Over the past decade, Boardwalk Real Estate Investment Trust's Cyclically Adjusted PS Ratio has ranged from 2.05 to 8.05. According to the industry distribution chart, Boardwalk Real Estate Investment Trust ranks #258 out of 541 companies in the REITs industry, placing it in the top 47.7%.
Is Boardwalk Real Estate Investment Trust's Cyclically Adjusted PS Ratio too high?
Boardwalk Real Estate Investment Trust's current Cyclically Adjusted PS Ratio of 5.67 is 11% above median its 10-year median of 5.11. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 8.05. The REITs industry median Cyclically Adjusted PS Ratio is 5.77. Boardwalk Real Estate Investment Trust's value of 5.67 is 1.7% below this industry median. Based on the distribution chart, Boardwalk Real Estate Investment Trust ranks #258 out of 541 companies in the REITs industry, which is above the industry midpoint. Overall, Boardwalk Real Estate Investment Trust has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Boardwalk Real Estate Investment Trust's Cyclically Adjusted PS Ratio compare to AVB and EQR?
According to the REITs industry distribution chart, Boardwalk Real Estate Investment Trust ranks #258 out of 541 companies for Cyclically Adjusted PS Ratio. This puts Boardwalk Real Estate Investment Trust in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.77. Boardwalk Real Estate Investment Trust's value of 5.67 is 1.7% below this benchmark. Historically, Boardwalk Real Estate Investment Trust's own Cyclically Adjusted PS Ratio has ranged from 2.05 to 8.05 over the past decade. While the company's 10-year median is 5.11 vs. the industry median of 5.77, Boardwalk 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 5.77, 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. Boardwalk Real Estate Investment Trust's current Cyclically Adjusted PS Ratio of 5.67 is 1.7% 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 Boardwalk Real Estate Investment Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boardwalk Real Estate Investment Trust's current Cyclically Adjusted PS Ratio is 5.67, which is 11% above median its own 10-year median of 5.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boardwalk Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Boardwalk Real Estate Investment Trust (BOWFF) is currently considered Fairly Valued. The stock's GF Value™ is $51.82, compared to a current price of $47.06 — trading 9.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.67, which is 11% above median its 10-year median of 5.11 and 1.7% below the REITs industry median of 5.77. Boardwalk Real Estate Investment Trust's overall GF Score™ is 72/100 with 5 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 Boardwalk Real Estate Investment Trust (BOWFF), the current Cyclically Adjusted PS Ratio is 5.67 as of Aug. 21, 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 Boardwalk Real Estate Investment Trust (BOWFF) Overvalued in 2026?

Based on GuruFocus' analysis, Boardwalk Real Estate Investment Trust stock appears to be undervalued. The current stock price of $47.06 is trading 9.2% below its estimated GF Value™ of $51.82. GuruFocus considers Boardwalk Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for BOWFF:

  • Cyclically Adjusted PS Ratio: 5.67 (11% above median its 10-year median of 5.11)
  • GF Value™: $51.82 vs. price of $47.06 (9.2% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 1.7% below the REITs median (#258 of 541)

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


Boardwalk Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges BEI.UN:Canada
Address 1501 - 1st Street S.W, Suite 200, First West Place, Calgary, AB, CAN, T2R 0W1
Boardwalk Real Estate Investment Trust is a fully integrated, Resident Member/customer-oriented real estate investment trust focused on and specializing in the acquisition, refurbishment, management, ownership and development of affordable multi-family residential communities. It looks to acquire, develop, own and manage quality rental communities concentrated in attractive growth markets. Boardwalk owned over 200 properties containing 34,405 residential suites in British Columbia, Alberta, Saskatchewan, Ontario, and Quebec, representing over 29 million net rentable square feet.
72GF Score

Get the complete analysis for BOWFF

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

$47.06
Price
$51.82
GF Value