Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
CapitaLand China TrustCLDHF -1.02%46 Cyclically Adjusted PS Ratio is 2.45 as of Jul. 17, 2026, which is 49% below its 10-year median of 4.85. GuruFocus rates CLDHF with a GF Scoreâ„¢ of 46/100 and a GF Valueâ„¢ of $0.47 (Fairly Valued). The stock has 6 warning signs investors should review. Among 554 REITs companies, CapitaLand China Trust ranks better than 80.14% on this metric.
The historical rank and industry rank for CapitaLand China Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:
CLDHF'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.24 Med: 4.85 Max: 7.55
Current: 2.52
During the past 13 years, CapitaLand China Trust's highest Cyclically Adjusted PS Ratio was 7.55. The lowest was 2.24. And the median was 4.85.
CLDHF's Cyclically Adjusted PS Ratio is ranked better than 80.14% of 554
companies
in the REITs industry
Industry Median: 5.91
vs CLDHF: 2.52
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.
CapitaLand China Trust's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $0.134. 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 $0.20 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
CapitaLand China Trust (OTCPK:CLDHF) 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.
CapitaLand China Trust Cyclically Adjusted PS Ratio Related Terms
CapitaLand China Trust Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for CapitaLand China 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.
CapitaLand China Trust Cyclically Adjusted PS Ratio Chart
CLDHF vs SPG, O, KIM: Cyclically Adjusted PS Ratio Comparison
For the REIT - Retail subindustry, CapitaLand China 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.
CapitaLand China Trust Cyclically Adjusted PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, CapitaLand China Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where CapitaLand China Trust's Cyclically Adjusted PS Ratio falls into.
CapitaLand China 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.
* 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 2.45 mean?
CapitaLand China Trust (CLDHF) has a Cyclically Adjusted PS Ratio of 2.45 as of Jul. 17, 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 CapitaLand China Trust and its competitors. This is 49% below median its historical median of 4.85. Over the past decade, CapitaLand China Trust's Cyclically Adjusted PS Ratio has ranged from 2.24 to 7.55. According to the industry distribution chart, CapitaLand China Trust ranks #110 out of 554 companies in the REITs industry, placing it in the top 19.9%.
Is CapitaLand China Trust's Cyclically Adjusted PS Ratio too high?
CapitaLand China Trust's current Cyclically Adjusted PS Ratio of 2.45 is 49% below median its 10-year median of 4.85. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 7.55. The REITs industry median Cyclically Adjusted PS Ratio is 5.91. CapitaLand China Trust's value of 2.45 is 58.5% below this industry median. Based on the distribution chart, CapitaLand China Trust ranks #110 out of 554 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, CapitaLand China Trust has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CapitaLand China Trust's Cyclically Adjusted PS Ratio compare to SPG and O?
According to the REITs industry distribution chart, CapitaLand China Trust ranks #110 out of 554 companies for Cyclically Adjusted PS Ratio. This places CapitaLand China Trust in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.91. CapitaLand China Trust's value of 2.45 is 58.5% below this benchmark. Historically, CapitaLand China Trust's own Cyclically Adjusted PS Ratio has ranged from 2.24 to 7.55 over the past decade. While the company's 10-year median is 4.85 vs. the industry median of 5.91, CapitaLand China 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 5.91, based on 554 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. CapitaLand China Trust's current Cyclically Adjusted PS Ratio of 2.45 is 58.5% 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 CapitaLand China Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CapitaLand China Trust's current Cyclically Adjusted PS Ratio is 2.45, which is 49% below median its own 10-year median of 4.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CapitaLand China Trust stock overvalued right now?
Based on GuruFocus' analysis, CapitaLand China Trust (CLDHF) is currently considered Fairly Valued. The stock's GF Value™ is $0.47, compared to a current price of $0.49 — trading 4.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.45, which is 49% below median its 10-year median of 4.85 and 58.5% below the REITs industry median of 5.91. CapitaLand China Trust's overall GF Score™ is 46/100 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 CapitaLand China Trust (CLDHF), the current Cyclically Adjusted PS Ratio is 2.45 as of Jul. 17, 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 CapitaLand China Trust (CLDHF) Overvalued in 2026?
Based on GuruFocus' analysis, CapitaLand China Trust stock appears to be overvalued.
The current stock price of $0.49 is trading 4.3% above its estimated GF Value™ of $0.47.
GuruFocus considers CapitaLand China Trust to be Fairly Valued.
Key valuation signals for CLDHF:
Cyclically Adjusted PS Ratio: 2.45 (49% below median its 10-year median of 4.85)
GF Value™: $0.47 vs. price of $0.49 (4.3% above fair value)
Industry Position: 58.5% below the REITs median (#110 of 554)
No single metric tells the full story. See the CLDHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CapitaLand China Trust is a Singapore-based real estate investment trust which invests in retail properties. The company's portfolio consists predominantly of shopping malls located in multiple cities in mainland China, Hong Kong, SAR, and Macau. The company generates revenue from leasing properties to its tenants. Fashion and accessories stores, dining venues, and department stores collectively contribute the majority of total rental revenue. Other tenants include supermarkets, beauty and healthcare retailers, homeware and furniture stores, and leisure venues. The operating segments are Retail Malls, Business Parks, and Logistics Parks. The majority of revenue is generated from Retail Malls segment.
46GF Score
Get the complete analysis for CLDHF
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CLDHF has been successfully added to your 
