Japan Prime Realty Investment (FRA:58JA) Cyclically Adjusted PS Ratio: 9.81 (As of Aug. 05, 2026) — 10% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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:58JA Japan Prime Realty Investment Corp FRA:58JA
70 GF Score
Price €515.00
GF Value €483.45
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Japan Prime Realty Investment Cyclically Adjusted PS Ratio?

Japan Prime Realty Investment FRA:58JA -0.96% 70 Cyclically Adjusted PS Ratio is 9.81 as of Aug. 05, 2026, which is 10% below its 10-year median of 10.95. GuruFocus rates FRA:58JA with a GF Score™ of 70/100 and a GF Value™ of €483.45 (Fairly Valued). The stock has 4 warning signs investors should review. Among 545 REITs companies, Japan Prime Realty Investment ranks worse than 82.02% on this metric.

As of today (2026-08-05), Japan Prime Realty Investment's current share price is €515.00. Japan Prime Realty Investment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €52.49. Japan Prime Realty Investment's Cyclically Adjusted PS Ratio for today is 9.81.

The historical rank and industry rank for Japan Prime Realty Investment's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:58JA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.72   Med: 10.95   Max: 14.82
Current: 9.93

During the past 13 years, Japan Prime Realty Investment's highest Cyclically Adjusted PS Ratio was 14.82. The lowest was 6.72. And the median was 10.95.

FRA:58JA's Cyclically Adjusted PS Ratio is ranked worse than
82.02% of 545 companies
in the REITs industry
Industry Median: 5.85 vs FRA:58JA: 9.93

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.

Japan Prime Realty Investment's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €56.874. 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 €52.49 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Prime Realty Investment  (FRA:58JA) 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.


Japan Prime Realty Investment Cyclically Adjusted PS Ratio Related Terms


Japan Prime Realty Investment Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Japan Prime Realty Investment'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.

Japan Prime Realty Investment Cyclically Adjusted PS Ratio Chart

Japan Prime Realty Investment 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 11.55 10.29 9.49 8.27 10.76

Japan Prime Realty Investment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 9.49 0.00 8.27 0.00 10.76

FRA:58JA vs VICI, WPC: Cyclically Adjusted PS Ratio Comparison

For the REIT - Diversified subindustry, Japan Prime Realty Investment'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.


Japan Prime Realty Investment Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Japan Prime Realty Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Japan Prime Realty Investment's Cyclically Adjusted PS Ratio falls into.


FRA:58JA
70GF Score
Japan Prime Realty Investment Corp FRA:58JA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Prime Realty Investment 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.

Japan Prime Realty Investment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=515.00/52.49
=9.81

* 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.

Japan Prime Realty Investment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Japan Prime Realty Investment'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)
=56.874/113.0000*113.0000
=56.874

Current CPI (Dec25) = 113.0000.

Japan Prime Realty Investment Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 68.695 98.400 78.888
201712 61.538 99.400 69.958
201812 65.479 99.700 74.214
201912 71.740 100.500 80.663
202012 69.637 99.300 79.245
202112 72.125 100.100 81.420
202212 65.203 104.100 70.778
202312 56.816 106.800 60.114
202412 57.940 110.700 59.144
202512 56.874 113.000 56.874

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 9.81 mean?
Japan Prime Realty Investment (FRA:58JA) has a Cyclically Adjusted PS Ratio of 9.81 as of Aug. 05, 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 Japan Prime Realty Investment and its competitors. This is 10% below median its historical median of 10.95. Over the past decade, Japan Prime Realty Investment's Cyclically Adjusted PS Ratio has ranged from 6.72 to 14.82. According to the industry distribution chart, Japan Prime Realty Investment ranks #447 out of 545 companies in the REITs industry, placing it in the top 82%.
Is Japan Prime Realty Investment's Cyclically Adjusted PS Ratio too high?
Japan Prime Realty Investment's current Cyclically Adjusted PS Ratio of 9.81 is 10% below median its 10-year median of 10.95. Over the past 10 years, this metric has ranged from a low of 6.72 to a high of 14.82. The REITs industry median Cyclically Adjusted PS Ratio is 5.85. Japan Prime Realty Investment's value of 9.81 is 67.7% above this industry median. Based on the distribution chart, Japan Prime Realty Investment ranks #447 out of 545 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Japan Prime Realty Investment has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Prime Realty Investment's Cyclically Adjusted PS Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Japan Prime Realty Investment ranks #447 out of 545 companies for Cyclically Adjusted PS Ratio. This places Japan Prime Realty Investment in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.85. Japan Prime Realty Investment's value of 9.81 is 67.7% above this benchmark. Historically, Japan Prime Realty Investment's own Cyclically Adjusted PS Ratio has ranged from 6.72 to 14.82 over the past decade. While the company's 10-year median is 10.95 vs. the industry median of 5.85, Japan Prime Realty Investment 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 5.85, based on 545 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. Japan Prime Realty Investment's current Cyclically Adjusted PS Ratio of 9.81 is 67.7% 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 Japan Prime Realty Investment and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Prime Realty Investment's current Cyclically Adjusted PS Ratio is 9.81, which is 10% below median its own 10-year median of 10.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Prime Realty Investment stock overvalued right now?
Based on GuruFocus' analysis, Japan Prime Realty Investment (FRA:58JA) is currently considered Fairly Valued. The stock's GF Value™ is €483.45, compared to a current price of €515.00 — trading 6.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 9.81, which is 10% below median its 10-year median of 10.95 and 67.7% above the REITs industry median of 5.85. Japan Prime Realty Investment's overall GF Score™ is 70/100 with 4 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 Japan Prime Realty Investment (FRA:58JA), the current Cyclically Adjusted PS Ratio is 9.81 as of Aug. 05, 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 Japan Prime Realty Investment (FRA:58JA) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Prime Realty Investment stock appears to be overvalued. The current stock price of €515.00 is trading 6.5% above its estimated GF Value™ of €483.45. GuruFocus considers Japan Prime Realty Investment to be Fairly Valued.

Key valuation signals for FRA:58JA:

  • Cyclically Adjusted PS Ratio: 9.81 (10% below median its 10-year median of 10.95)
  • GF Value™: €483.45 vs. price of €515.00 (6.5% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 67.7% above the REITs median (#447 of 545)

No single metric tells the full story. See the FRA:58JA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Prime Realty Investment Business Description

Industry Real EstateREITs
Other Exchanges 8955:Japan
Address 4-16 Yaesu 1-chome, Chuo-ku, Tokyo, JPN, 103-0028
Japan Prime Realty Investment Corporation, or JPR, is a Japanese real estate investment trust involved in the ownership of properties in the Greater Tokyo region. The majority of JPR's real estate portfolio is comprised of office buildings, with retail properties making up the rest of the company's holdings. The vast majority of JPR's assets are in the Tokyo metropolitan area, which are mostly concentrated in Central Tokyo. The company generates nearly all of its revenue through collecting funds from investors, investing that money into real estate properties, and then collecting rental income from those properties. Its collection of tenants is fairly evenly distributed among service, information and communication, manufacturing, finance, retail, and real estate companies.
70GF Score

Get the complete analysis for FRA:58JA

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

€515.00
Price
€483.45
GF Value