Cousins Properties (FRA:CPZ1) Cyclically Adjusted PS Ratio: 5.27 (As of Jul. 23, 2026) — Near Median

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FRA:CPZ1 Cousins Properties Inc FRA:CPZ1
74 GF Score
Price €27.20
GF Value €24.32
! 12 Warning Signs
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What is Cousins Properties Cyclically Adjusted PS Ratio?

Cousins Properties FRA:CPZ1 -2.16% 74 Cyclically Adjusted PS Ratio is 5.27 as of Jul. 23, 2026, which is 4% above its 10-year median of 5.08. GuruFocus rates FRA:CPZ1 with a GF Score™ of 74/100 and a GF Value™ of €24.32. The stock has 12 warning signs investors should review. Among 551 REITs companies, Cousins Properties ranks better than 55.54% on this metric.

As of today (2026-07-23), Cousins Properties's current share price is €27.20. Cousins Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €5.16. Cousins Properties's Cyclically Adjusted PS Ratio for today is 5.27.

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

FRA:CPZ1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.26   Med: 5.08   Max: 8.15
Current: 5.23

During the past years, Cousins Properties's highest Cyclically Adjusted PS Ratio was 8.15. The lowest was 3.26. And the median was 5.08.

FRA:CPZ1's Cyclically Adjusted PS Ratio is ranked better than
55.54% of 551 companies
in the REITs industry
Industry Median: 5.89 vs FRA:CPZ1: 5.23

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.

Cousins Properties's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.368. 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 €5.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cousins Properties  (FRA:CPZ1) 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.


Cousins Properties Cyclically Adjusted PS Ratio Related Terms


Cousins Properties Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cousins Properties'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.

Cousins Properties Cyclically Adjusted PS Ratio Chart

Cousins Properties 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 7.66 4.66 4.53 5.47 4.42

Cousins Properties 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 5.27 5.42 5.28 4.42 3.78

FRA:CPZ1 vs KRC, CDP, SLG: Cyclically Adjusted PS Ratio Comparison

For the REIT - Office subindustry, Cousins Properties'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.


Cousins Properties Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where Cousins Properties's Cyclically Adjusted PS Ratio falls into.


FRA:CPZ1
74GF Score
Cousins Properties Inc FRA:CPZ1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cousins Properties 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.

Cousins Properties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.20/5.16
=5.27

* 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.

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

For example, Cousins Properties'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)
=1.368/330.2130*330.2130
=1.368

Current CPI (Mar. 2026) = 330.2130.

Cousins Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.817 241.018 1.119
201609 0.825 241.428 1.128
201612 1.102 241.432 1.507
201703 1.090 243.801 1.476
201706 0.992 244.955 1.337
201709 0.889 246.819 1.189
201712 0.903 246.524 1.210
201803 0.889 249.554 1.176
201806 0.934 251.989 1.224
201809 0.952 252.439 1.245
201812 1.009 251.233 1.326
201903 1.099 254.202 1.428
201906 1.096 256.143 1.413
201909 1.151 256.759 1.480
201912 1.177 256.974 1.512
202003 1.181 258.115 1.511
202006 1.075 257.797 1.377
202009 1.048 260.280 1.330
202012 1.012 260.474 1.283
202103 1.071 264.877 1.335
202106 1.041 271.696 1.265
202109 1.078 274.310 1.298
202112 1.127 278.802 1.335
202203 1.139 287.504 1.308
202206 1.178 296.311 1.313
202209 1.299 296.808 1.445
202212 1.209 296.797 1.345
202303 1.247 301.836 1.364
202306 1.240 305.109 1.342
202309 1.225 307.789 1.314
202312 1.188 306.746 1.279
202403 1.263 312.332 1.335
202406 1.296 314.175 1.362
202409 1.234 315.301 1.292
202412 1.360 315.605 1.423
202503 1.373 319.799 1.418
202506 1.234 322.561 1.263
202509 1.254 324.800 1.275
202512 1.291 324.054 1.316
202603 1.368 330.213 1.368

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 5.27 mean?
Cousins Properties (FRA:CPZ1) has a Cyclically Adjusted PS Ratio of 5.27 as of Jul. 23, 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 Cousins Properties and its competitors. This is near median its historical median of 5.08. Over the past decade, Cousins Properties' Cyclically Adjusted PS Ratio has ranged from 3.26 to 8.15. According to the industry distribution chart, Cousins Properties ranks #245 out of 551 companies in the REITs industry, placing it in the top 44.5%.
Is Cousins Properties' Cyclically Adjusted PS Ratio too high?
Cousins Properties' current Cyclically Adjusted PS Ratio of 5.27 is near median its 10-year median of 5.08. Over the past 10 years, this metric has ranged from a low of 3.26 to a high of 8.15. The REITs industry median Cyclically Adjusted PS Ratio is 5.89. Cousins Properties' value of 5.27 is 10.5% below this industry median. Based on the distribution chart, Cousins Properties ranks #245 out of 551 companies in the REITs industry, which is above the industry midpoint. Overall, Cousins Properties has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Cousins Properties' Cyclically Adjusted PS Ratio compare to KRC and CDP?
According to the REITs industry distribution chart, Cousins Properties ranks #245 out of 551 companies for Cyclically Adjusted PS Ratio. This puts Cousins Properties in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.89. Cousins Properties' value of 5.27 is 10.5% below this benchmark. Historically, Cousins Properties' own Cyclically Adjusted PS Ratio has ranged from 3.26 to 8.15 over the past decade. While the company's 10-year median is 5.08 vs. the industry median of 5.89, Cousins Properties 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 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. Cousins Properties's current Cyclically Adjusted PS Ratio of 5.27 is 10.5% 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 Cousins Properties 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. Cousins Properties's current Cyclically Adjusted PS Ratio is 5.27, which is near median its own 10-year median of 5.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cousins Properties stock overvalued right now?
Cousins Properties (FRA:CPZ1) has a current Cyclically Adjusted PS Ratio of 5.27. The stock's GF Value™ is €24.32, compared to a current price of €27.20 — trading 11.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.27, which is near median its 10-year median of 5.08 and 10.5% below the REITs industry median of 5.89. Cousins Properties' overall GF Score™ is 74/100 with 12 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 Cousins Properties (FRA:CPZ1), the current Cyclically Adjusted PS Ratio is 5.27 as of Jul. 23, 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 Cousins Properties (FRA:CPZ1) Overvalued in 2026?

Based on GuruFocus' analysis, Cousins Properties stock appears to be overvalued. The current stock price of €27.20 is trading 11.8% above its estimated GF Value™ of €24.32.

Key valuation signals for FRA:CPZ1:

  • Cyclically Adjusted PS Ratio: 5.27 (near median its 10-year median of 5.08)
  • GF Value™: €24.32 vs. price of €27.20 (11.8% above fair value)
  • GF Score™: 74/100 with 12 warning signs
  • Industry Position: 10.5% below the REITs median (#245 of 551)

No single metric tells the full story. See the FRA:CPZ1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cousins Properties Business Description

Industry Real EstateREITs
Other Exchanges CUZ:USA
Address 3344 Peachtree Road NE, Suite 1800, Atlanta, GA, USA, 30326-4802
Cousins Properties Inc is a real estate investment trust principally involved in the ownership, management, and development of properties in the Southern United States. Cousins Properties' real estate portfolio mainly comprises offices and mixed-use developments that encompass both apartment and retail space. Offices make up the vast majority of the portfolio in terms of total square footage. The segments operates in following geographical areas: Atlanta, Austin, Charlotte, Dallas, Phoenix, Tampa, and other markets. The company derives nearly all of its revenue in the form of rental income from its properties, the majority of which comes from its office locations. A diverse set of tenants in the cities of Houston and Atlanta represent the company's key markets.
74GF Score

Get the complete analysis for FRA:CPZ1

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

€27.20
Price
€24.32
GF Value