Jones Lang LaSalle (FRA:4J2) Cyclically Adjusted PS Ratio: 0.69 (As of Jul. 27, 2026) — Near Median

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FRA:4J2 Jones Lang LaSalle Inc FRA:4J2
92 GF Score
Price €274.00
GF Value €250.49
Valuation Fairly Valued
! 5 Warning Signs
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What is Jones Lang LaSalle Cyclically Adjusted PS Ratio?

Jones Lang LaSalle FRA:4J2 -0.72% 92 Cyclically Adjusted PS Ratio is 0.69 as of Jul. 27, 2026, which is 4% below its 10-year median of 0.72. GuruFocus rates FRA:4J2 with a GF Score™ of 92/100 and a GF Value™ of €250.49 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,358 Real Estate companies, Jones Lang LaSalle ranks better than 73.34% on this metric.

As of today (2026-07-27), Jones Lang LaSalle's current share price is €274.00. Jones Lang LaSalle's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €398.59. Jones Lang LaSalle's Cyclically Adjusted PS Ratio for today is 0.69.

The historical rank and industry rank for Jones Lang LaSalle's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:4J2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.72   Max: 1.25
Current: 0.69

During the past years, Jones Lang LaSalle's highest Cyclically Adjusted PS Ratio was 1.25. The lowest was 0.35. And the median was 0.72.

FRA:4J2's Cyclically Adjusted PS Ratio is ranked better than
73.34% of 1358 companies
in the Real Estate industry
Industry Median: 1.78 vs FRA:4J2: 0.69

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.

Jones Lang LaSalle's adjusted revenue per share data for the three months ended in Mar. 2026 was €115.567. 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 €398.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jones Lang LaSalle  (FRA:4J2) 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.


Jones Lang LaSalle Cyclically Adjusted PS Ratio Related Terms


Jones Lang LaSalle Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Jones Lang LaSalle'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.

Jones Lang LaSalle Cyclically Adjusted PS Ratio Chart

Jones Lang LaSalle 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 0.99 0.50 0.52 0.62 0.74

Jones Lang LaSalle 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 0.59 0.59 0.67 0.74 0.65

FRA:4J2 vs BEKE, CSGP, COMP: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Jones Lang LaSalle'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.


Jones Lang LaSalle Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Jones Lang LaSalle's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jones Lang LaSalle's Cyclically Adjusted PS Ratio falls into.


FRA:4J2
92GF Score
Jones Lang LaSalle Inc FRA:4J2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jones Lang LaSalle 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.

Jones Lang LaSalle's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=274.00/398.59
=0.69

* 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.

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

For example, Jones Lang LaSalle'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)
=115.567/330.2130*330.2130
=115.567

Current CPI (Mar. 2026) = 330.2130.

Jones Lang LaSalle Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 31.316 241.018 42.905
201609 33.310 241.428 45.560
201612 173.626 241.432 237.473
201703 63.802 243.801 86.416
201706 67.462 244.955 90.943
201709 64.503 246.819 86.297
201712 80.049 246.524 107.224
201803 62.809 249.554 83.110
201806 72.720 251.989 95.294
201809 74.015 252.439 96.818
201812 93.570 251.233 122.986
201903 73.475 254.202 95.445
201906 82.012 256.143 105.728
201909 78.343 256.759 100.755
201912 92.783 256.974 119.227
202003 70.664 258.115 90.402
202006 62.471 257.797 80.019
202009 64.643 260.280 82.012
202012 75.929 260.474 96.258
202103 64.996 264.877 81.028
202106 71.303 271.696 86.660
202109 80.006 274.310 96.311
202112 101.680 278.802 120.430
202203 85.556 287.504 98.265
202206 100.569 296.311 112.075
202209 107.534 296.808 119.637
202212 109.809 296.797 122.172
202303 92.614 301.836 101.321
202306 96.484 305.109 104.423
202309 98.966 307.789 106.176
202312 111.891 306.746 120.451
202403 97.650 312.332 103.240
202406 108.224 314.175 113.749
202409 109.033 315.301 114.190
202412 134.325 315.605 140.542
202503 109.877 319.799 113.455
202506 112.112 322.561 114.772
202509 114.725 324.800 116.637
202512 134.916 324.054 137.480
202603 115.567 330.213 115.567

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.

What does a Cyclically Adjusted PS Ratio of 0.69 mean?
Jones Lang LaSalle (FRA:4J2) has a Cyclically Adjusted PS Ratio of 0.69 as of Jul. 27, 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 Jones Lang LaSalle and its competitors. This is near median its historical median of 0.72. Over the past decade, Jones Lang LaSalle's Cyclically Adjusted PS Ratio has ranged from 0.35 to 1.25. According to the industry distribution chart, Jones Lang LaSalle ranks #362 out of 1358 companies in the Real Estate industry, placing it in the top 26.7%.
Is Jones Lang LaSalle's Cyclically Adjusted PS Ratio too high?
Jones Lang LaSalle's current Cyclically Adjusted PS Ratio of 0.69 is near median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.25. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.78. Jones Lang LaSalle's value of 0.69 is 61.2% below this industry median. Based on the distribution chart, Jones Lang LaSalle ranks #362 out of 1358 companies in the Real Estate industry, which is above the industry midpoint. Overall, Jones Lang LaSalle has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jones Lang LaSalle's Cyclically Adjusted PS Ratio compare to BEKE and CSGP?
According to the Real Estate industry distribution chart, Jones Lang LaSalle ranks #362 out of 1358 companies for Cyclically Adjusted PS Ratio. This puts Jones Lang LaSalle in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.78. Jones Lang LaSalle's value of 0.69 is 61.2% below this benchmark. Historically, Jones Lang LaSalle's own Cyclically Adjusted PS Ratio has ranged from 0.35 to 1.25 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.78, Jones Lang LaSalle 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.78, based on 1,358 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. Jones Lang LaSalle's current Cyclically Adjusted PS Ratio of 0.69 is 61.2% 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 Jones Lang LaSalle and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jones Lang LaSalle's current Cyclically Adjusted PS Ratio is 0.69, which is near median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jones Lang LaSalle stock overvalued right now?
Based on GuruFocus' analysis, Jones Lang LaSalle (FRA:4J2) is currently considered Fairly Valued. The stock's GF Value™ is €250.49, compared to a current price of €274.00 — trading 9.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.69, which is near median its 10-year median of 0.72 and 61.2% below the Real Estate industry median of 1.78. Jones Lang LaSalle's overall GF Score™ is 92/100 with 5 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 Jones Lang LaSalle (FRA:4J2), the current Cyclically Adjusted PS Ratio is 0.69 as of Jul. 27, 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 Jones Lang LaSalle (FRA:4J2) Overvalued in 2026?

Based on GuruFocus' analysis, Jones Lang LaSalle stock appears to be overvalued. The current stock price of €274.00 is trading 9.4% above its estimated GF Value™ of €250.49. GuruFocus considers Jones Lang LaSalle to be Fairly Valued.

Key valuation signals for FRA:4J2:

  • Cyclically Adjusted PS Ratio: 0.69 (near median its 10-year median of 0.72)
  • GF Value™: €250.49 vs. price of €274.00 (9.4% above fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 61.2% below the Real Estate median (#362 of 1358)

No single metric tells the full story. See the FRA:4J2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jones Lang LaSalle Business Description

Other Exchanges JLL:USA0JPB:UK
Address 200 East Randolph Drive, Chicago, IL, USA, 60601
Jones Lang LaSalle provides a wide range of real estate-related services to owners, occupiers, and investors worldwide, including leasing, property and project management, and capital markets advisory. JLL's investment management arm, LaSalle Investment Management, manages over $86 billion for clients across diverse public and private real estate strategies as of the end of 2025.
92GF Score

Get the complete analysis for FRA:4J2

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

€274.00
Price
€250.49
GF Value