Frasers Logisticsmmercial Trust (FRA:4ZS) Cyclically Adjusted PS Ratio: 7.15 (As of Jul. 31, 2026) — Near Median

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FRA:4ZS Frasers Logistics & Commercial Trust FRA:4ZS
52 GF Score
Price €0.64
GF Value €0.68
Valuation Fairly Valued
! 9 Warning Signs
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What is Frasers Logisticsmmercial Trust Cyclically Adjusted PS Ratio?

Frasers Logisticsmmercial Trust FRA:4ZS -0.26% 52 Cyclically Adjusted PS Ratio is 7.15 as of Jul. 31, 2026, which is 7% below its 10-year median of 7.69. GuruFocus rates FRA:4ZS with a GF Score™ of 52/100 and a GF Value™ of €0.68 (Fairly Valued). The stock has 9 warning signs investors should review. Among 546 REITs companies, Frasers Logisticsmmercial Trust ranks worse than 61.72% on this metric.

As of today (2026-07-31), Frasers Logisticsmmercial Trust's current share price is €0.6434. Frasers Logisticsmmercial Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep25 was €0.09. Frasers Logisticsmmercial Trust's Cyclically Adjusted PS Ratio for today is 7.15.

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

FRA:4ZS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6   Med: 7.69   Max: 11.33
Current: 7.22

During the past 13 years, Frasers Logisticsmmercial Trust's highest Cyclically Adjusted PS Ratio was 11.33. The lowest was 6.00. And the median was 7.69.

FRA:4ZS's Cyclically Adjusted PS Ratio is ranked worse than
61.72% of 546 companies
in the REITs industry
Industry Median: 5.885 vs FRA:4ZS: 7.22

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.

Frasers Logisticsmmercial Trust's adjusted revenue per share data of for the fiscal year that ended in Sep25 was €0.082. 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 €0.09 for the trailing ten years ended in Sep25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Frasers Logisticsmmercial Trust  (FRA:4ZS) 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.


Frasers Logisticsmmercial Trust Cyclically Adjusted PS Ratio Related Terms


Frasers Logisticsmmercial Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Frasers Logisticsmmercial 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.

Frasers Logisticsmmercial Trust Cyclically Adjusted PS Ratio Chart

Frasers Logisticsmmercial Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 10.19 8.52 8.82 6.96

Frasers Logisticsmmercial Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 8.82 0.00 6.96 0.00

FRA:4ZS vs PLD, PSA, EXR: Cyclically Adjusted PS Ratio Comparison

For the REIT - Industrial subindustry, Frasers Logisticsmmercial 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.


Frasers Logisticsmmercial Trust Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where Frasers Logisticsmmercial Trust's Cyclically Adjusted PS Ratio falls into.


FRA:4ZS
52GF Score
Frasers Logistics & Commercial Trust FRA:4ZS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frasers Logisticsmmercial 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.

Frasers Logisticsmmercial Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.6434/0.09
=7.15

* 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.

Frasers Logisticsmmercial Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep25 is calculated as:

For example, Frasers Logisticsmmercial Trust's adjusted Revenue per Share data for the fiscal year that ended in Sep25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep25 (Change)*Current CPI (Sep25)
=0.082/324.8000*324.8000
=0.082

Current CPI (Sep25) = 324.8000.

Frasers Logisticsmmercial Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.000 241.428 0.000
201709 0.074 246.819 0.097
201809 0.071 252.439 0.091
201909 0.069 256.759 0.087
202009 0.074 260.280 0.092
202109 0.080 274.310 0.095
202209 0.087 296.808 0.095
202309 0.077 307.789 0.081
202409 0.083 315.301 0.086
202509 0.082 324.800 0.082

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 7.15 mean?
Frasers Logisticsmmercial Trust (FRA:4ZS) has a Cyclically Adjusted PS Ratio of 7.15 as of Jul. 31, 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 Frasers Logisticsmmercial Trust and its competitors. This is near median its historical median of 7.69. Over the past decade, Frasers Logisticsmmercial Trust's Cyclically Adjusted PS Ratio has ranged from 6.00 to 11.33. According to the industry distribution chart, Frasers Logisticsmmercial Trust ranks #337 out of 546 companies in the REITs industry, placing it in the top 61.7%.
Is Frasers Logisticsmmercial Trust's Cyclically Adjusted PS Ratio too high?
Frasers Logisticsmmercial Trust's current Cyclically Adjusted PS Ratio of 7.15 is near median its 10-year median of 7.69. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 11.33. The REITs industry median Cyclically Adjusted PS Ratio is 5.89. Frasers Logisticsmmercial Trust's value of 7.15 is 21.5% above this industry median. Based on the distribution chart, Frasers Logisticsmmercial Trust ranks #337 out of 546 companies in the REITs industry, which is below the industry midpoint. Overall, Frasers Logisticsmmercial Trust has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Frasers Logisticsmmercial Trust's Cyclically Adjusted PS Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Frasers Logisticsmmercial Trust ranks #337 out of 546 companies for Cyclically Adjusted PS Ratio. This places Frasers Logisticsmmercial Trust in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.89. Frasers Logisticsmmercial Trust's value of 7.15 is 21.5% above this benchmark. Historically, Frasers Logisticsmmercial Trust's own Cyclically Adjusted PS Ratio has ranged from 6.00 to 11.33 over the past decade. While the company's 10-year median is 7.69 vs. the industry median of 5.89, Frasers Logisticsmmercial 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 546 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. Frasers Logisticsmmercial Trust's current Cyclically Adjusted PS Ratio of 7.15 is 21.5% 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 Frasers Logisticsmmercial 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. Frasers Logisticsmmercial Trust's current Cyclically Adjusted PS Ratio is 7.15, which is near median its own 10-year median of 7.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Logisticsmmercial Trust stock overvalued right now?
Based on GuruFocus' analysis, Frasers Logisticsmmercial Trust (FRA:4ZS) is currently considered Fairly Valued. The stock's GF Value™ is €0.68, compared to a current price of €0.64 — trading 5.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.15, which is near median its 10-year median of 7.69 and 21.5% above the REITs industry median of 5.89. Frasers Logisticsmmercial Trust's overall GF Score™ is 52/100 with 9 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 Frasers Logisticsmmercial Trust (FRA:4ZS), the current Cyclically Adjusted PS Ratio is 7.15 as of Jul. 31, 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 Frasers Logisticsmmercial Trust (FRA:4ZS) Overvalued in 2026?

Based on GuruFocus' analysis, Frasers Logisticsmmercial Trust stock appears to be undervalued. The current stock price of €0.64 is trading 5.4% below its estimated GF Value™ of €0.68. GuruFocus considers Frasers Logisticsmmercial Trust to be Fairly Valued.

Key valuation signals for FRA:4ZS:

  • Cyclically Adjusted PS Ratio: 7.15 (near median its 10-year median of 7.69)
  • GF Value™: €0.68 vs. price of €0.64 (5.4% below fair value)
  • GF Score™: 52/100 with 9 warning signs
  • Industry Position: 21.5% above the REITs median (#337 of 546)

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


Frasers Logisticsmmercial Trust Business Description

Industry Real EstateREITs
Other Exchanges FRLOF:USABUOU:Singapore
Address 438 Alexandra Road, No. 21-00 Alexandra Point, Singapore, SGP, 119958
Frasers Logistics & Commercial Trust was established following the merger between Frasers Logistics and Industrial Trust and Frasers Commercial Trust in April 2020. As of Mar. 31, 2026, the trust has a diversified portfolio of 113 logistics, industrial and commercial properties valued at around SGD 7.0 billion across Singapore, Australia, Germany, the Netherlands, and the United Kingdom. The trust is externally managed by Frasers Logistics & Commercial Asset Management, a subsidiary of Frasers Property, which owns around 23% of the trust.
52GF Score

Get the complete analysis for FRA:4ZS

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

€0.64
Price
€0.68
GF Value