Four Corners Property Trust (FRA:4Z1) Cyclically Adjusted PS Ratio: 8.91 (As of Jul. 24, 2026) — Near Median

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FRA:4Z1 Four Corners Property Trust Inc FRA:4Z1
83 GF Score
Price €22.80
GF Value €22.49
Valuation Fairly Valued
! 7 Warning Signs
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What is Four Corners Property Trust Cyclically Adjusted PS Ratio?

Four Corners Property Trust FRA:4Z1 83 Cyclically Adjusted PS Ratio is 8.91 as of Jul. 24, 2026, which is 6% below its 10-year median of 9.50. GuruFocus rates FRA:4Z1 with a GF Score™ of 83/100 and a GF Value™ of €22.49 (Fairly Valued). The stock has 7 warning signs investors should review. Among 551 REITs companies, Four Corners Property Trust ranks worse than 72.96% on this metric.

As of today (2026-07-24), Four Corners Property Trust's current share price is €22.80. Four Corners Property Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €2.56. Four Corners Property Trust's Cyclically Adjusted PS Ratio for today is 8.91.

The historical rank and industry rank for Four Corners Property Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:4Z1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.84   Med: 9.5   Max: 11.88
Current: 8.63

During the past years, Four Corners Property Trust's highest Cyclically Adjusted PS Ratio was 11.88. The lowest was 7.84. And the median was 9.50.

FRA:4Z1's Cyclically Adjusted PS Ratio is ranked worse than
72.96% of 551 companies
in the REITs industry
Industry Median: 5.89 vs FRA:4Z1: 8.63

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.

Four Corners Property Trust's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.617. 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 €2.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Four Corners Property Trust  (FRA:4Z1) 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.


Four Corners Property Trust Cyclically Adjusted PS Ratio Related Terms


Four Corners Property Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Four Corners Property 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.

Four Corners Property Trust Cyclically Adjusted PS Ratio Chart

Four Corners Property Trust 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 0.00 0.00 0.00 10.09 7.84

Four Corners Property Trust 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 10.32 9.40 8.30 7.84 7.90

FRA:4Z1 vs IVT, AKR, UE: Cyclically Adjusted PS Ratio Comparison

For the REIT - Retail subindustry, Four Corners Property 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.


Four Corners Property Trust Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Four Corners Property Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Four Corners Property Trust's Cyclically Adjusted PS Ratio falls into.


FRA:4Z1
83GF Score
Four Corners Property Trust Inc FRA:4Z1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Four Corners Property 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.

Four Corners Property Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.80/2.56
=8.91

* 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.

Four Corners Property Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Four Corners Property Trust'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)
=0.617/330.2130*330.2130
=0.617

Current CPI (Mar. 2026) = 330.2130.

Four Corners Property Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.459 241.018 0.629
201609 0.459 241.428 0.628
201612 0.495 241.432 0.677
201703 0.510 243.801 0.691
201706 0.488 244.955 0.658
201709 0.459 246.819 0.614
201712 0.468 246.524 0.627
201803 0.460 249.554 0.609
201806 0.479 251.989 0.628
201809 0.472 252.439 0.617
201812 0.487 251.233 0.640
201903 0.512 254.202 0.665
201906 0.511 256.143 0.659
201909 0.532 256.759 0.684
201912 0.533 256.974 0.685
202003 0.547 258.115 0.700
202006 0.516 257.797 0.661
202009 0.512 260.280 0.650
202012 0.493 260.474 0.625
202103 0.516 264.877 0.643
202106 0.537 271.696 0.653
202109 0.564 274.310 0.679
202112 0.592 278.802 0.701
202203 0.615 287.504 0.706
202206 0.651 296.311 0.725
202209 0.689 296.808 0.767
202212 0.643 296.797 0.715
202303 0.650 301.836 0.711
202306 0.640 305.109 0.693
202309 0.671 307.789 0.720
202312 0.659 306.746 0.709
202403 0.665 312.332 0.703
202406 0.671 314.175 0.705
202409 0.634 315.301 0.664
202412 0.672 315.605 0.703
202503 0.661 319.799 0.683
202506 0.624 322.561 0.639
202509 0.606 324.800 0.616
202512 0.607 324.054 0.619
202603 0.617 330.213 0.617

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 8.91 mean?
Four Corners Property Trust (FRA:4Z1) has a Cyclically Adjusted PS Ratio of 8.91 as of Jul. 24, 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 Four Corners Property Trust and its competitors. This is near median its historical median of 9.50. Over the past decade, Four Corners Property Trust's Cyclically Adjusted PS Ratio has ranged from 7.84 to 11.88. According to the industry distribution chart, Four Corners Property Trust ranks #402 out of 551 companies in the REITs industry, placing it in the top 73%.
Is Four Corners Property Trust's Cyclically Adjusted PS Ratio too high?
Four Corners Property Trust's current Cyclically Adjusted PS Ratio of 8.91 is near median its 10-year median of 9.50. Over the past 10 years, this metric has ranged from a low of 7.84 to a high of 11.88. The REITs industry median Cyclically Adjusted PS Ratio is 5.89. Four Corners Property Trust's value of 8.91 is 51.3% above this industry median. Based on the distribution chart, Four Corners Property Trust ranks #402 out of 551 companies in the REITs industry, which is below the industry midpoint. Overall, Four Corners Property Trust has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Four Corners Property Trust's Cyclically Adjusted PS Ratio compare to IVT and AKR?
According to the REITs industry distribution chart, Four Corners Property Trust ranks #402 out of 551 companies for Cyclically Adjusted PS Ratio. This places Four Corners Property Trust in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.89. Four Corners Property Trust's value of 8.91 is 51.3% above this benchmark. Historically, Four Corners Property Trust's own Cyclically Adjusted PS Ratio has ranged from 7.84 to 11.88 over the past decade. While the company's 10-year median is 9.50 vs. the industry median of 5.89, Four Corners Property Trust has consistently been above 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 5.89, based on 551 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. Four Corners Property Trust's current Cyclically Adjusted PS Ratio of 8.91 is 51.3% above 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 Four Corners Property Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Four Corners Property Trust's current Cyclically Adjusted PS Ratio is 8.91, which is near median its own 10-year median of 9.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Four Corners Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Four Corners Property Trust (FRA:4Z1) is currently considered Fairly Valued. The stock's GF Value™ is €22.49, compared to a current price of €22.80 — trading 1.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 8.91, which is near median its 10-year median of 9.50 and 51.3% above the REITs industry median of 5.89. Four Corners Property Trust's overall GF Score™ is 83/100 with 7 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 Four Corners Property Trust (FRA:4Z1), the current Cyclically Adjusted PS Ratio is 8.91 as of Jul. 24, 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 Four Corners Property Trust (FRA:4Z1) Overvalued in 2026?

Based on GuruFocus' analysis, Four Corners Property Trust stock appears to be overvalued. The current stock price of €22.80 is trading 1.4% above its estimated GF Value™ of €22.49. GuruFocus considers Four Corners Property Trust to be Fairly Valued.

Key valuation signals for FRA:4Z1:

  • Cyclically Adjusted PS Ratio: 8.91 (near median its 10-year median of 9.50)
  • GF Value™: €22.49 vs. price of €22.80 (1.4% above fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 51.3% above the REITs median (#402 of 551)

No single metric tells the full story. See the FRA:4Z1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Four Corners Property Trust Business Description

Industry Real EstateREITs
Other Exchanges FCPT:USA4Z1:Germany
Address 591 Redwood Highway, Suite 3215, Mill Valley, CA, USA, 94941
Four Corners Property Trust Inc is a real estate investment trust predominantly engaged in the ownership, acquisition and leasing of restaurant and retail properties. The company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. The firm operates through two segments namely, real estate operations and restaurant operations. The real estate operations segment consists of rental revenues generated by leasing restaurant and retail properties to tenants. The restaurant operations segment is conducted through a taxable REIT subsidiary (TRS) and consists of Kerrow Restaurant Operating Business. The firm generates majority of the revenue from the real estate operations segment.
83GF Score

Get the complete analysis for FRA:4Z1

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

€22.80
Price
€22.49
GF Value