ELME (Elme Communities) Cyclically Adjusted PS Ratio: (As of Jul. 15, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

ELME Elme Communities ELME
36 GF Score
Price $1.53
GF Value $8.33
Valuation Possible Value Trap
! 7 Warning Signs
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What is Elme Communities Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Elme Communities  (NYSE:ELME) 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.


Elme Communities Cyclically Adjusted PS Ratio Related Terms


Elme Communities Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Elme Communities'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.

Elme Communities Cyclically Adjusted PS Ratio Chart

Elme Communities 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 6.34 4.41 3.73 4.09 0.00

Elme Communities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 4.70 4.35 4.69 0.00 0.00

ELME vs FREVS, MRTI, CLPR: Cyclically Adjusted PS Ratio Comparison

For the REIT - Residential subindustry, Elme Communities'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.


Elme Communities Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where Elme Communities's Cyclically Adjusted PS Ratio falls into.


ELME
36GF Score
Elme Communities ELME
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Elme Communities 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.

Elme Communities's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Elme Communities's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0/330.2130*330.2130
=0.000

Current CPI (Mar. 2026) = 330.2130.

Elme Communities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.104 241.018 1.513
201609 1.076 241.428 1.472
201612 1.029 241.432 1.407
201703 1.034 243.801 1.400
201706 1.086 244.955 1.464
201709 1.070 246.819 1.432
201712 0.466 246.524 0.624
201803 1.081 249.554 1.430
201806 0.958 251.989 1.255
201809 0.898 252.439 1.175
201812 0.899 251.233 1.182
201903 0.894 254.202 1.161
201906 0.961 256.143 1.239
201909 1.003 256.759 1.290
201912 -0.637 256.974 -0.819
202003 0.933 258.115 1.194
202006 0.533 257.797 0.683
202009 0.532 260.280 0.675
202012 0.516 260.474 0.654
202103 0.481 264.877 0.600
202106 0.489 271.696 0.594
202109 0.503 274.310 0.606
202112 0.528 278.802 0.625
202203 0.548 287.504 0.629
202206 0.588 296.311 0.655
202209 0.624 296.808 0.694
202212 0.635 296.797 0.706
202303 0.637 301.836 0.697
202306 0.645 305.109 0.698
202309 0.646 307.789 0.693
202312 0.670 306.746 0.721
202403 0.677 312.332 0.716
202406 0.684 314.175 0.719
202409 0.694 315.301 0.727
202412 0.697 315.605 0.729
202503 0.698 319.799 0.721
202506 0.705 322.561 0.722
202509 0.705 324.800 0.717
202512 0.000 324.054 0.000
202603 0.000 330.213 0.000

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 Elme Communities (ELME) Overvalued in 2026?

Based on GuruFocus' analysis, Elme Communities stock appears to be undervalued. The current stock price of $1.53 is trading 81.7% below its estimated GF Value™ of $8.33. GuruFocus considers Elme Communities to be Possible Value Trap.

Key valuation signals for ELME:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $8.33 vs. price of $1.53 (81.7% below fair value)
  • GF Score™: 36/100 with 7 warning signs

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


Elme Communities Business Description

Industry Real EstateREITs
Other Exchanges WRI:Germany
Address 7550 Wisconsin Avenue, Suite 900, Bethesda, MD, USA, 20814
Elme Communities is a real estate investment trust engaged in owning and operating properties in the greater Washington DC metropolitan area. The company's real estate portfolio is comprised of office, retail, and multifamily properties located near transportation nodes. It derives nearly all of its income in the form of rental revenue from tenants organized into long-term leases. The company's office assets contribute the majority of this income, while the rest is split fairly evenly between its retail and multifamily locations. Elme Communities' tenants are banking, consulting, law, and financial services firms. The company operates in a single reportable segment which includes the ownership, development, redevelopment and acquisition of apartment communities.
36GF Score

Get the complete analysis for ELME

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

$1.53
Price
$8.33
GF Value