Granite Point Mortgage Trust (FRA:G18) Cyclically Adjusted PS Ratio: (As of Aug. 08, 2026)

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:G18 Granite Point Mortgage Trust Inc FRA:G18
51 GF Score
Price €1.06
GF Value €2.29
! 3 Warning Signs
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What is Granite Point Mortgage Trust Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Granite Point Mortgage Trust  (FRA:G18) 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.


Granite Point Mortgage Trust Cyclically Adjusted PS Ratio Related Terms


Granite Point Mortgage Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Granite Point Mortgage 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.

Granite Point Mortgage Trust Cyclically Adjusted PS Ratio Chart

Granite Point Mortgage Trust 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 0.00 0.00 0.00 0.00 1.38

Granite Point Mortgage Trust 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 0.00 1.69 1.38 0.82 0.85

FRA:G18 vs LOAN, CHMI, LFT: Cyclically Adjusted PS Ratio Comparison

For the REIT - Mortgage subindustry, Granite Point Mortgage 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.


Granite Point Mortgage Trust Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where Granite Point Mortgage Trust's Cyclically Adjusted PS Ratio falls into.


FRA:G18
51GF Score
Granite Point Mortgage Trust Inc FRA:G18
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Granite Point Mortgage 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.

Granite Point Mortgage Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Granite Point Mortgage Trust'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)
=0.136/333.9520*333.9520
=0.136

Current CPI (Jun. 2026) = 333.9520.

Granite Point Mortgage Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.268 241.428 0.371
201612 0.345 241.432 0.477
201703 0.376 243.801 0.515
201706 0.371 244.955 0.506
201709 0.350 246.819 0.474
201712 0.402 246.524 0.545
201803 0.354 249.554 0.474
201806 0.378 251.989 0.501
201809 0.399 252.439 0.528
201812 0.369 251.233 0.490
201903 0.374 254.202 0.491
201906 0.353 256.143 0.460
201909 0.432 256.759 0.562
201912 0.451 256.974 0.586
202003 0.470 258.115 0.608
202006 0.426 257.797 0.552
202009 0.361 260.280 0.463
202012 0.392 260.474 0.503
202103 0.309 264.877 0.390
202106 0.307 271.696 0.377
202109 0.311 274.310 0.379
202112 0.307 278.802 0.368
202203 0.379 287.504 0.440
202206 0.369 296.311 0.416
202209 0.327 296.808 0.368
202212 0.322 296.797 0.362
202303 0.385 301.836 0.426
202306 0.375 305.109 0.410
202309 0.358 307.789 0.388
202312 0.308 306.746 0.335
202403 0.223 312.332 0.238
202406 0.143 314.175 0.152
202409 0.183 315.301 0.194
202412 0.183 315.605 0.194
202503 0.192 319.799 0.200
202506 0.204 322.561 0.211
202509 0.235 324.800 0.242
202512 0.174 324.054 0.179
202603 0.190 330.213 0.192
202606 0.136 333.952 0.136

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.

Is Granite Point Mortgage Trust (FRA:G18) Overvalued in 2026?

Based on GuruFocus' analysis, Granite Point Mortgage Trust stock appears to be undervalued. The current stock price of €1.06 is trading 53.7% below its estimated GF Value™ of €2.29.

Key valuation signals for FRA:G18:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €2.29 vs. price of €1.06 (53.7% below fair value)
  • GF Score™: 51/100 with 3 warning signs

No single metric tells the full story. See the FRA:G18 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Granite Point Mortgage Trust Business Description

Industry Real EstateREITs
Other Exchanges GPMT:USA
Address 1114 Avenue of the Americas, Suite 3020, New York, NY, USA, 10036
Granite Point Mortgage Trust Inc focuses on directly originating, investing in, and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments. The company constructs its investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity, and diversification, and assesses each investment from a fundamental value perspective relative to other opportunities available in the market. It typically provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancing, and a range of business plans, including lease-up, renovation, repositioning and repurposing of the commercial property.
51GF Score

Get the complete analysis for FRA:G18

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

€1.06
Price
€2.29
GF Value