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Annaly Capital ManagementFRA:AAYA +0.25%24 Cyclically Adjusted PS Ratio is 7.03 as of Jul. 15, 2026, which is 7% above its 10-year median of 6.56. GuruFocus rates FRA:AAYA with a GF Score™ of 24/100. The stock has 9 warning signs investors should review. Among 554 REITs companies, Annaly Capital Management ranks worse than 58.12% on this metric.
The historical rank and industry rank for Annaly Capital Management's Cyclically Adjusted PS Ratio or its related term are showing as below:
FRA:AAYA'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.25 Med: 6.56 Max: 9.37
Current: 6.87
During the past years, Annaly Capital Management's highest Cyclically Adjusted PS Ratio was 9.37. The lowest was 3.25. And the median was 6.56.
FRA:AAYA's Cyclically Adjusted PS Ratio is ranked worse than 58.12% of 554
companies
in the REITs industry
Industry Median: 5.91
vs FRA:AAYA: 6.87
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.
Annaly Capital Management's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.397. 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 €2.86 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Annaly Capital Management (FRA:AAYA) 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.
Annaly Capital Management Cyclically Adjusted PS Ratio Related Terms
Annaly Capital Management Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Annaly Capital Management'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.
Annaly Capital Management Cyclically Adjusted PS Ratio Chart
FRA:AAYA vs AGNC, STWD, RITM: Cyclically Adjusted PS Ratio Comparison
For the REIT - Mortgage subindustry, Annaly Capital Management'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.
Annaly Capital Management Cyclically Adjusted PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Annaly Capital Management's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Annaly Capital Management's Cyclically Adjusted PS Ratio falls into.
Annaly Capital Management 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.
* 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.
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 7.03 mean?
Annaly Capital Management (FRA:AAYA) has a Cyclically Adjusted PS Ratio of 7.03 as of Jul. 15, 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 Annaly Capital Management and its competitors. This is near median its historical median of 6.56. Over the past decade, Annaly Capital Management's Cyclically Adjusted PS Ratio has ranged from 3.25 to 9.37. According to the industry distribution chart, Annaly Capital Management ranks #322 out of 554 companies in the REITs industry, placing it in the top 58.1%.
Is Annaly Capital Management's Cyclically Adjusted PS Ratio too high?
Annaly Capital Management's current Cyclically Adjusted PS Ratio of 7.03 is near median its 10-year median of 6.56. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 9.37. The REITs industry median Cyclically Adjusted PS Ratio is 5.91. Annaly Capital Management's value of 7.03 is 19% above this industry median. Based on the distribution chart, Annaly Capital Management ranks #322 out of 554 companies in the REITs industry, which is below the industry midpoint. Overall, Annaly Capital Management has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Annaly Capital Management's Cyclically Adjusted PS Ratio compare to AGNC and STWD?
According to the REITs industry distribution chart, Annaly Capital Management ranks #322 out of 554 companies for Cyclically Adjusted PS Ratio. This places Annaly Capital Management in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.91. Annaly Capital Management's value of 7.03 is 19% above this benchmark. Historically, Annaly Capital Management's own Cyclically Adjusted PS Ratio has ranged from 3.25 to 9.37 over the past decade. While the company's 10-year median is 6.56 vs. the industry median of 5.91, Annaly Capital Management 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 5.91, based on 554 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. Annaly Capital Management's current Cyclically Adjusted PS Ratio of 7.03 is 19% 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 Annaly Capital Management and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Annaly Capital Management's current Cyclically Adjusted PS Ratio is 7.03, which is near median its own 10-year median of 6.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Annaly Capital Management stock overvalued right now?
Annaly Capital Management (FRA:AAYA) has a current Cyclically Adjusted PS Ratio of 7.03. The current Cyclically Adjusted PS Ratio is 7.03, which is near median its 10-year median of 6.56 and 19% above the REITs industry median of 5.91. Annaly Capital Management's overall GF Score™ is 24/100 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 Annaly Capital Management (FRA:AAYA), the current Cyclically Adjusted PS Ratio is 7.03 as of Jul. 15, 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.
Annaly Capital Management Inc is an American mortgage real estate investment trust. Its business objective is to generate net income for distribution to its stockholders and optimize its returns through prudent management of its diversified investment strategies. The company's reportable operating segments are: the Agency segment, which invests in Agency mortgage-backed securities collateralized by residential mortgages; the Residential Credit segment, which invests in non-Agency residential whole loans and securitized products within the residential and commercial markets; the Mortgage Servicing Rights segment; and Corporate & Other. Maximum revenue for the company is generated from its Agency segment.
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