Smartstop Self Storage REIT (FRA:D630) Cyclically Adjusted PS Ratio: 10.20 (As of Sep. 22, 2026)

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FRA:D630 Smartstop Self Storage REIT Inc FRA:D630
38 GF Score
Price €28.00
! 10 Warning Signs
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What is Smartstop Self Storage REIT Cyclically Adjusted PS Ratio?

Smartstop Self Storage REIT FRA:D630 38 Cyclically Adjusted PS Ratio is 10.20 as of Sep. 22, 2026. GuruFocus rates FRA:D630 with a GF Score™ of 38/100. The stock has 10 warning signs investors should review. Among 544 REITs companies, Smartstop Self Storage REIT ranks worse than 183823.35% on this metric.

As of today (2026-09-22), Smartstop Self Storage REIT's current share price is €28.00. Smartstop Self Storage REIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €2.75. Smartstop Self Storage REIT's Cyclically Adjusted PS Ratio for today is 10.20.

The historical rank and industry rank for Smartstop Self Storage REIT's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:D630's Cyclically Adjusted PS Ratio is not ranked *
in the REITs industry.
Industry Median: 5.635
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Smartstop Self Storage REIT's adjusted revenue per share data for the three months ended in Jun. 2026 was €1.230. 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 €2.75 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Smartstop Self Storage REIT  (FRA:D630) 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.


Smartstop Self Storage REIT Cyclically Adjusted PS Ratio Related Terms


Smartstop Self Storage REIT Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Smartstop Self Storage REIT'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.

Smartstop Self Storage REIT Cyclically Adjusted PS Ratio Chart

Smartstop Self Storage REIT 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 - - - - 10.18

Smartstop Self Storage REIT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 12.12 12.41 10.38 9.68 10.20

FRA:D630 vs IIPR, ILPT, LXP: Cyclically Adjusted PS Ratio Comparison

For the REIT - Industrial subindustry, Smartstop Self Storage REIT'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.


Smartstop Self Storage REIT Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Smartstop Self Storage REIT's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Smartstop Self Storage REIT's Cyclically Adjusted PS Ratio falls into.


FRA:D630
38GF Score
Smartstop Self Storage REIT Inc FRA:D630
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Smartstop Self Storage REIT 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.

Smartstop Self Storage REIT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.00/2.745
=10.20

* 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.

Smartstop Self Storage REIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Smartstop Self Storage REIT's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.23/333.9520*333.9520
=1.230

Current CPI (Jun. 2026) = 333.9520.

Smartstop Self Storage REIT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.290 241.428 0.401
201612 0.344 241.432 0.476
201703 0.300 243.801 0.411
201706 0.310 244.955 0.423
201709 0.302 246.819 0.409
201712 0.294 246.524 0.398
201803 0.284 249.554 0.380
201806 0.294 251.989 0.390
201809 0.304 252.439 0.402
201812 0.309 251.233 0.411
201903 0.362 254.202 0.476
201906 0.397 256.143 0.518
201909 0.456 256.759 0.593
201912 0.466 256.974 0.606
202003 0.466 258.115 0.603
202006 0.518 257.797 0.671
202009 0.449 260.280 0.576
202012 0.463 260.474 0.594
202103 0.446 264.877 0.562
202106 0.418 271.696 0.514
202109 0.422 274.310 0.514
202112 0.483 278.802 0.579
202203 0.503 287.504 0.584
202206 0.543 296.311 0.612
202209 0.579 296.808 0.651
202212 0.572 296.797 0.644
202303 0.550 301.836 0.609
202306 0.563 305.109 0.616
202309 0.557 307.789 0.604
202312 0.553 306.746 0.602
202403 1.023 312.332 1.094
202406 1.069 314.175 1.136
202409 1.065 315.301 1.128
202412 1.106 315.605 1.170
202503 1.121 319.799 1.171
202506 1.063 322.561 1.101
202509 1.089 324.800 1.120
202512 1.216 324.054 1.253
202603 1.211 330.213 1.225
202606 1.230 333.952 1.230

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 10.20 mean?
Smartstop Self Storage REIT (FRA:D630) has a Cyclically Adjusted PS Ratio of 10.20 as of Sep. 22, 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 Smartstop Self Storage REIT and its competitors. According to the industry distribution chart, Smartstop Self Storage REIT ranks #999999 out of 544 companies in the REITs industry.
Is Smartstop Self Storage REIT's Cyclically Adjusted PS Ratio too high?
Smartstop Self Storage REIT's current Cyclically Adjusted PS Ratio is 10.20. The REITs industry median Cyclically Adjusted PS Ratio is 5.64. Smartstop Self Storage REIT's value of 10.20 is 81% above this industry median. Based on the distribution chart, Smartstop Self Storage REIT ranks #999999 out of 544 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Smartstop Self Storage REIT has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Smartstop Self Storage REIT's Cyclically Adjusted PS Ratio compare to IIPR and ILPT?
According to the REITs industry distribution chart, Smartstop Self Storage REIT ranks #999999 out of 544 companies for Cyclically Adjusted PS Ratio. This places Smartstop Self Storage REIT in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.64. Smartstop Self Storage REIT's value of 10.20 is 81% above this benchmark. 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 5.64, based on 544 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. Smartstop Self Storage REIT's current Cyclically Adjusted PS Ratio of 10.20 is 81% 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 Smartstop Self Storage REIT and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartstop Self Storage REIT's current Cyclically Adjusted PS Ratio is 10.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartstop Self Storage REIT stock overvalued right now?
Smartstop Self Storage REIT (FRA:D630) has a current Cyclically Adjusted PS Ratio of 10.20. The current Cyclically Adjusted PS Ratio is 10.20 and 81% above the REITs industry median of 5.64. Smartstop Self Storage REIT's overall GF Score™ is 38/100 with 10 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 Smartstop Self Storage REIT (FRA:D630), the current Cyclically Adjusted PS Ratio is 10.20 as of Sep. 22, 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.

Smartstop Self Storage REIT Business Description

Industry Real EstateREITs
Other Exchanges SMA:USA
Address 10 Terrace Road, Ladera Ranch, CA, USA, 92694
SmartStop Self Storage REIT Inc. is a self-managed, self-administered real estate investment trust that owns, acquires, develops, and operates self-storage facilities in the United States and Canada. Its properties, marketed under the SmartStop Self Storage brand, serve residential and commercial customers seeking month-to-month storage for household goods, vehicles, and business inventory. The company operates through two segments: self-storage operations, which generate the majority of revenue through rental income and related fees, and a managed REIT platform business that provides asset management and property management services to third-party self-storage investment vehicles in exchange for fees. SmartStop has expanded through acquisitions of existing facilities, development of new properties, and joint ventures, with a portfolio concentrated in major metropolitan markets and high-growth regions across North America.
38GF Score

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

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