Land Securities Group (CHIX:LANDL) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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CHIX:LANDL Land Securities Group PLC CHIX:LANDL
64 GF Score
Price £6.27
GF Value £5.94
Valuation Fairly Valued
! 5 Warning Signs
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What is Land Securities Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Land Securities Group  (CHIX:LANDl) 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.


Land Securities Group Cyclically Adjusted PS Ratio Related Terms


Land Securities Group Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for Land Securities Group'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.

Land Securities Group Cyclically Adjusted PS Ratio Chart

Land Securities Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.12 5.24 5.41 4.48 4.48

Land Securities Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 5.38 5.29 4.45 4.65 4.45

CHIX:LANDL vs VICI, WPC: Cyclically Adjusted PS Ratio Comparison

For the REIT - Diversified subindustry, Land Securities Group'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.


Land Securities Group Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Land Securities Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Land Securities Group's Cyclically Adjusted PS Ratio falls into.


CHIX:LANDL
64GF Score
Land Securities Group PLC CHIX:LANDL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Land Securities Group 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.

Land Securities Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Land Securities Group's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=1.194/140.8000*140.8000
=1.194

Current CPI (Mar26) = 140.8000.

Land Securities Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 1.032 102.700 1.415
201803 1.068 105.100 1.431
201903 1.014 107.000 1.334
202003 1.001 108.600 1.298
202103 0.858 109.700 1.101
202203 0.926 116.500 1.119
202303 1.069 126.800 1.187
202403 1.112 131.600 1.190
202503 1.114 136.100 1.152
202603 1.194 140.800 1.194

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.

Is Land Securities Group (CHIX:LANDL) Overvalued in 2026?

Based on GuruFocus' analysis, Land Securities Group stock appears to be overvalued. The current stock price of £6.27 is trading 5.6% above its estimated GF Value™ of £5.94. GuruFocus considers Land Securities Group to be Fairly Valued.

Key valuation signals for CHIX:LANDL:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: £5.94 vs. price of £6.27 (5.6% above fair value)
  • GF Score™: 64/100 with 5 warning signs

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


Land Securities Group Business Description

Industry Real EstateREITs
Address 100 Victoria Street, London, GBR, SW1E 5JL
Land Securities Group PLC is a real estate investment trust engaged in buying, selling, developing, and managing commercial property in the United Kingdom. The company's real estate portfolio is made up of office, retail, and leisure spaces in the London and Greater London regions. Office locations in London's West End, offices in the City of London, and shopping centers comprise the majority of the value of Land Securities' total assets. The company derives nearly all of its revenue in the form of rental income from medium- to long-term leases with tenants. Land Securities' overall net rental income is fairly evenly split between revenue from its London office properties and its retail properties in Greater London. It segments as Office-led, Retail-led, Residential-led and Other assets.
64GF Score

Get the complete analysis for CHIX:LANDL

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

£6.27
Price
£5.94
GF Value