NEPI Rockcastle NV (FRA:0A3) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:0A3 NEPI Rockcastle NV FRA:0A3
86 GF Score
Price €7.68
GF Value €6.97
Valuation Fairly Valued
! 8 Warning Signs
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What is NEPI Rockcastle NV Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


NEPI Rockcastle NV  (FRA:0A3) 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.


NEPI Rockcastle NV Cyclically Adjusted PS Ratio Related Terms


NEPI Rockcastle NV Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NEPI Rockcastle NV'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.

NEPI Rockcastle NV Cyclically Adjusted PS Ratio Chart

NEPI Rockcastle NV 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 - - - - 6.21

NEPI Rockcastle NV Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 - - - 6.21 6.81

FRA:0A3 vs JOE: Cyclically Adjusted PS Ratio Comparison

For the Real Estate - Diversified subindustry, NEPI Rockcastle NV'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.


NEPI Rockcastle NV Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, NEPI Rockcastle NV's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where NEPI Rockcastle NV's Cyclically Adjusted PS Ratio falls into.


FRA:0A3
86GF Score
NEPI Rockcastle NV FRA:0A3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NEPI Rockcastle NV 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.

NEPI Rockcastle NV's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, NEPI Rockcastle NV's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.3/135.4700*135.4700
=1.300

Current CPI (Dec25) = 135.4700.

NEPI Rockcastle NV Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.600 100.710 0.807
201712 0.740 101.970 0.983
201812 0.833 103.970 1.085
201912 0.956 106.800 1.213
202012 0.867 107.850 1.089
202112 0.881 114.010 1.047
202212 1.022 124.940 1.108
202312 1.205 126.450 1.291
202412 1.243 131.630 1.279
202512 1.300 135.470 1.300

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 NEPI Rockcastle NV (FRA:0A3) Overvalued in 2026?

Based on GuruFocus' analysis, NEPI Rockcastle NV stock appears to be overvalued. The current stock price of €7.68 is trading 10.2% above its estimated GF Value™ of €6.97. GuruFocus considers NEPI Rockcastle NV to be Fairly Valued.

Key valuation signals for FRA:0A3:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €6.97 vs. price of €7.68 (10.2% above fair value)
  • GF Score™: 86/100 with 8 warning signs

No single metric tells the full story. See the FRA:0A3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NEPI Rockcastle NV Business Description

Address WTC Zuidas Tower 10, 5th Floor, Strawinskylaan 563, Amsterdam, NH, NLD, 1077 XX
NEPI Rockcastle NV is a commercial property investor and developer. The business activities of the group have functioned through Retail, Office, Residential, Industrial, and Corporate segments. The company's geographic segment includes Romania, Poland, Bulgaria, Slovakia, Hungary, Croatia, Serbia, the Czech Republic, and Lithuania. The company generates the majority of its revenue from the Romania region, followed by Poland. The company has two business segments - Residential and Energy.
86GF Score

Get the complete analysis for FRA:0A3

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

€7.68
Price
€6.97
GF Value