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Agree RealtyBSP:A1DC34 -1.01%65 Cyclically Adjusted PS Ratio is 12.47 as of Aug. 07, 2026, which is 7% below its 10-year median of 13.34. GuruFocus rates BSP:A1DC34 with a GF Score™ of 65/100 and a GF Value™ of R$49.37 (Fairly Valued). The stock has 9 warning signs investors should review. Among 545 REITs companies, Agree Realty ranks worse than 89.17% on this metric.
The historical rank and industry rank for Agree Realty's Cyclically Adjusted PS Ratio or its related term are showing as below:
BSP:A1DC34'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 10.27 Med: 13.34 Max: 19.95
Current: 12.52
During the past years, Agree Realty's highest Cyclically Adjusted PS Ratio was 19.95. The lowest was 10.27. And the median was 13.34.
BSP:A1DC34's Cyclically Adjusted PS Ratio is ranked worse than 89.17% of 545
companies
in the REITs industry
Industry Median: 5.85
vs BSP:A1DC34: 12.52
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.
Agree Realty's adjusted revenue per share data for the three months ended in Jun. 2026 was R$1.090. 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 R$3.85 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Agree Realty (BSP:A1DC34) 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.
Agree Realty Cyclically Adjusted PS Ratio Related Terms
Agree Realty Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Agree Realty'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.
BSP:A1DC34 vs BRX, NNN, FRT: Cyclically Adjusted PS Ratio Comparison
For the REIT - Retail subindustry, Agree Realty'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.
Agree Realty Cyclically Adjusted PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Agree Realty's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Agree Realty's Cyclically Adjusted PS Ratio falls into.
Agree Realty 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.
Agree Realty's Cyclically Adjusted PS Ratio for today is calculated as
* 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 12.47 mean?
Agree Realty (BSP:A1DC34) has a Cyclically Adjusted PS Ratio of 12.47 as of Aug. 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 Agree Realty and its competitors. This is near median its historical median of 13.34. Over the past decade, Agree Realty's Cyclically Adjusted PS Ratio has ranged from 10.27 to 19.95. According to the industry distribution chart, Agree Realty ranks #486 out of 545 companies in the REITs industry, placing it in the top 89.2%.
Is Agree Realty's Cyclically Adjusted PS Ratio too high?
Agree Realty's current Cyclically Adjusted PS Ratio of 12.47 is near median its 10-year median of 13.34. Over the past 10 years, this metric has ranged from a low of 10.27 to a high of 19.95. The REITs industry median Cyclically Adjusted PS Ratio is 5.85. Agree Realty's value of 12.47 is 113.2% above this industry median. Based on the distribution chart, Agree Realty ranks #486 out of 545 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Agree Realty has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Agree Realty's Cyclically Adjusted PS Ratio compare to BRX and NNN?
According to the REITs industry distribution chart, Agree Realty ranks #486 out of 545 companies for Cyclically Adjusted PS Ratio. This places Agree Realty in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.85. Agree Realty's value of 12.47 is 113.2% above this benchmark. Historically, Agree Realty's own Cyclically Adjusted PS Ratio has ranged from 10.27 to 19.95 over the past decade. While the company's 10-year median is 13.34 vs. the industry median of 5.85, Agree Realty 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 5.85, based on 545 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. Agree Realty's current Cyclically Adjusted PS Ratio of 12.47 is 113.2% 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 Agree Realty and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agree Realty's current Cyclically Adjusted PS Ratio is 12.47, which is near median its own 10-year median of 13.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agree Realty stock overvalued right now?
Based on GuruFocus' analysis, Agree Realty (BSP:A1DC34) is currently considered Fairly Valued. The stock's GF Value™ is R$49.37, compared to a current price of R$48.01 — trading 2.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 12.47, which is near median its 10-year median of 13.34 and 113.2% above the REITs industry median of 5.85. Agree Realty's overall GF Score™ is 65/100 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 Agree Realty (BSP:A1DC34), the current Cyclically Adjusted PS Ratio is 12.47 as of Aug. 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.
Is Agree Realty (BSP:A1DC34) Overvalued in 2026?
Based on GuruFocus' analysis, Agree Realty stock appears to be undervalued.
The current stock price of R$48.01 is trading 2.8% below its estimated GF Value™ of R$49.37.
GuruFocus considers Agree Realty to be Fairly Valued.
Key valuation signals for BSP:A1DC34:
Cyclically Adjusted PS Ratio: 12.47 (near median its 10-year median of 13.34)
GF Value™: R$49.37 vs. price of R$48.01 (2.8% below fair value)
Industry Position: 113.2% above the REITs median (#486 of 545)
No single metric tells the full story. See the BSP:A1DC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Agree Realty Corporation operates as a fully integrated real estate investment trust mainly focused on the ownership, acquisition, development and management of retail properties net leased to industry-tenants. The Company is mainly in the business of acquiring, developing and managing retail real estate. Some of its properties in the portfolio include Walmart, 7-Eleven, Wawa, Gerber Collision and others.
65GF Score
Get the complete analysis for BSP:A1DC34
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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