Hudson Pacific Properties (FRA:HP91) Cyclically Adjusted PS Ratio: 0.32 (As of Aug. 04, 2026) — 87% Below Median

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FRA:HP91 Hudson Pacific Properties Inc FRA:HP91
57 GF Score
Price €12.30
GF Value €7.34
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Hudson Pacific Properties Cyclically Adjusted PS Ratio?

Hudson Pacific Properties FRA:HP91 +5.13% 57 Cyclically Adjusted PS Ratio is 0.32 as of Aug. 04, 2026, which is 87% below its 10-year median of 2.50. GuruFocus rates FRA:HP91 with a GF Score™ of 57/100 and a GF Value™ of €7.34 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 545 REITs companies, Hudson Pacific Properties ranks better than 97.98% on this metric.

As of today (2026-08-04), Hudson Pacific Properties's current share price is €12.30. Hudson Pacific Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €38.40. Hudson Pacific Properties's Cyclically Adjusted PS Ratio for today is 0.32.

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

FRA:HP91' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 2.5   Max: 7.98
Current: 0.31

During the past years, Hudson Pacific Properties's highest Cyclically Adjusted PS Ratio was 7.98. The lowest was 0.12. And the median was 2.50.

FRA:HP91's Cyclically Adjusted PS Ratio is ranked better than
97.98% of 545 companies
in the REITs industry
Industry Median: 5.88 vs FRA:HP91: 0.31

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.

Hudson Pacific Properties's adjusted revenue per share data for the three months ended in Mar. 2026 was €2.440. 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 €38.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hudson Pacific Properties  (FRA:HP91) 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.


Hudson Pacific Properties Cyclically Adjusted PS Ratio Related Terms


Hudson Pacific Properties Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hudson Pacific 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.

Hudson Pacific Properties Cyclically Adjusted PS Ratio Chart

Hudson Pacific 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 4.46 1.59 1.43 0.45 0.24

Hudson Pacific 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 0.43 0.40 0.41 0.24 0.13

FRA:HP91 vs PSTL, BDN, DEA: Cyclically Adjusted PS Ratio Comparison

For the REIT - Office subindustry, Hudson Pacific 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.


Hudson Pacific Properties Cyclically Adjusted PS Ratio vs REITs Industry

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

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


FRA:HP91
57GF Score
Hudson Pacific Properties Inc FRA:HP91
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hudson Pacific 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.30/38.40
=0.32

* 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.

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

For example, Hudson Pacific 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)
=2.44/330.2130*330.2130
=2.440

Current CPI (Mar. 2026) = 330.2130.

Hudson Pacific Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 10.015 241.018 13.721
201609 8.829 241.428 12.076
201612 8.009 241.432 10.954
201703 7.345 243.801 9.948
201706 7.204 244.955 9.711
201709 7.150 246.819 9.566
201712 7.210 246.524 9.658
201803 6.307 249.554 8.346
201806 6.703 251.989 8.784
201809 6.919 252.439 9.051
201812 7.884 251.233 10.362
201903 7.920 254.202 10.288
201906 7.876 256.143 10.154
201909 8.430 256.759 10.842
201912 8.690 256.974 11.167
202003 8.263 258.115 10.571
202006 7.933 257.797 10.161
202009 7.615 260.280 9.661
202012 7.738 260.474 9.810
202103 8.291 264.877 10.336
202106 8.204 271.696 9.971
202109 8.892 274.310 10.704
202112 9.709 278.802 11.499
202203 10.417 287.504 11.964
202206 11.577 296.311 12.902
202209 13.044 296.808 14.512
202212 12.660 296.797 14.085
202303 11.695 301.836 12.795
202306 11.241 305.109 12.166
202309 10.771 307.789 11.556
202312 10.176 306.746 10.954
202403 9.767 312.332 10.326
202406 10.041 314.175 10.554
202409 8.949 315.301 9.372
202412 9.924 315.605 10.383
202503 9.089 319.799 9.385
202506 5.690 322.561 5.825
202509 2.468 324.800 2.509
202512 3.381 324.054 3.445
202603 2.440 330.213 2.440

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 0.32 mean?
Hudson Pacific Properties (FRA:HP91) has a Cyclically Adjusted PS Ratio of 0.32 as of Aug. 04, 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 Hudson Pacific Properties and its competitors. This is 87% below median its historical median of 2.50. Over the past decade, Hudson Pacific Properties' Cyclically Adjusted PS Ratio has ranged from 0.12 to 7.98. According to the industry distribution chart, Hudson Pacific Properties ranks #11 out of 545 companies in the REITs industry, placing it in the top 2%.
Is Hudson Pacific Properties' Cyclically Adjusted PS Ratio too high?
Hudson Pacific Properties' current Cyclically Adjusted PS Ratio of 0.32 is 87% below median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 7.98. The REITs industry median Cyclically Adjusted PS Ratio is 5.88. Hudson Pacific Properties' value of 0.32 is 94.6% below this industry median. Based on the distribution chart, Hudson Pacific Properties ranks #11 out of 545 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hudson Pacific Properties has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hudson Pacific Properties' Cyclically Adjusted PS Ratio compare to PSTL and BDN?
According to the REITs industry distribution chart, Hudson Pacific Properties ranks #11 out of 545 companies for Cyclically Adjusted PS Ratio. This places Hudson Pacific Properties in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.88. Hudson Pacific Properties' value of 0.32 is 94.6% below this benchmark. Historically, Hudson Pacific Properties' own Cyclically Adjusted PS Ratio has ranged from 0.12 to 7.98 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 5.88, Hudson Pacific 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 5.88, 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. Hudson Pacific Properties's current Cyclically Adjusted PS Ratio of 0.32 is 94.6% 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 Hudson Pacific Properties and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hudson Pacific Properties's current Cyclically Adjusted PS Ratio is 0.32, which is 87% below median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hudson Pacific Properties stock overvalued right now?
Based on GuruFocus' analysis, Hudson Pacific Properties (FRA:HP91) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.34, compared to a current price of €12.30 — trading 67.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.32, which is 87% below median its 10-year median of 2.50 and 94.6% below the REITs industry median of 5.88. Hudson Pacific Properties' overall GF Score™ is 57/100 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 Hudson Pacific Properties (FRA:HP91), the current Cyclically Adjusted PS Ratio is 0.32 as of Aug. 04, 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 Hudson Pacific Properties (FRA:HP91) Overvalued in 2026?

Based on GuruFocus' analysis, Hudson Pacific Properties stock appears to be overvalued. The current stock price of €12.30 is trading 67.6% above its estimated GF Value™ of €7.34. GuruFocus considers Hudson Pacific Properties to be Significantly Overvalued.

Key valuation signals for FRA:HP91:

  • Cyclically Adjusted PS Ratio: 0.32 (87% below median its 10-year median of 2.50)
  • GF Value™: €7.34 vs. price of €12.30 (67.6% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 94.6% below the REITs median (#11 of 545)

No single metric tells the full story. See the FRA:HP91 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hudson Pacific Properties Business Description

Industry Real EstateREITs
Other Exchanges HPP:USA
Address 11601 Wilshire Boulevard, Ninth Floor, Los Angeles, CA, USA, 90025
Hudson Pacific Properties Inc is a vertically integrated real estate investment trust offering end-to-end real estate solutions for dynamic tenants in the synergistic, converging and secular growth industries of tech and media. It acquires, repositions, develops and operates sustainable high-quality office studio properties in high-barrier-to-entry tech and media epicenters. Its primary investment markets include Los Angeles, the San Francisco Bay Area, Seattle, New York and Vancouver, British Columbia. Its segments include Office properties and related operations and Studio properties and related operations. The majority of the revenue is derived from Office properties and related operations segment.
57GF Score

Get the complete analysis for FRA:HP91

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

€12.30
Price
€7.34
GF Value