Slate Grocery REIT (FRA:JR7) Cyclically Adjusted PS Ratio: (As of Sep. 02, 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:JR7 Slate Grocery REIT FRA:JR7
81 GF Score
Price €8.68
GF Value €8.91
! 10 Warning Signs
View Full Analysis

What is Slate Grocery REIT Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Slate Grocery REIT  (FRA:JR7) 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.


Slate Grocery REIT Cyclically Adjusted PS Ratio Related Terms


Slate Grocery REIT Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Slate Grocery 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.

Slate Grocery REIT Cyclically Adjusted PS Ratio Chart

Slate Grocery 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 3.92 3.71 2.67 2.96 3.22

Slate Grocery 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 3.03 3.05 3.22 3.16 3.58

FRA:JR7 vs SPG, O, KIM: Cyclically Adjusted PS Ratio Comparison

For the REIT - Retail subindustry, Slate Grocery 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.


Slate Grocery REIT Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where Slate Grocery REIT's Cyclically Adjusted PS Ratio falls into.


FRA:JR7
81GF Score
Slate Grocery REIT FRA:JR7
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Slate Grocery 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.

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

For example, Slate Grocery 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)
=0.832/333.9520*333.9520
=0.832

Current CPI (Jun. 2026) = 333.9520.

Slate Grocery REIT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.643 241.428 0.889
201612 0.724 241.432 1.001
201703 0.683 243.801 0.936
201706 0.589 244.955 0.803
201709 0.583 246.819 0.789
201712 0.526 246.524 0.713
201803 0.681 249.554 0.911
201806 0.662 251.989 0.877
201809 0.673 252.439 0.890
201812 0.710 251.233 0.944
201903 0.734 254.202 0.964
201906 0.723 256.143 0.943
201909 0.711 256.759 0.925
201912 0.754 256.974 0.980
202003 0.687 258.115 0.889
202006 0.637 257.797 0.825
202009 0.643 260.280 0.825
202012 0.553 260.474 0.709
202103 0.561 264.877 0.707
202106 0.570 271.696 0.701
202109 0.582 274.310 0.709
202112 0.564 278.802 0.676
202203 0.589 287.504 0.684
202206 0.608 296.311 0.685
202209 0.795 296.808 0.894
202212 0.778 296.797 0.875
202303 0.772 301.836 0.854
202306 0.763 305.109 0.835
202309 0.784 307.789 0.851
202312 0.797 306.746 0.868
202403 0.792 312.332 0.847
202406 0.798 314.175 0.848
202409 0.781 315.301 0.827
202412 0.840 315.605 0.889
202503 0.813 319.799 0.849
202506 0.752 322.561 0.779
202509 0.752 324.800 0.773
202512 0.772 324.054 0.796
202603 0.849 330.213 0.859
202606 0.832 333.952 0.832

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 Slate Grocery REIT (FRA:JR7) Overvalued in 2026?

Based on GuruFocus' analysis, Slate Grocery REIT stock appears to be undervalued. The current stock price of €8.68 is trading 2.6% below its estimated GF Value™ of €8.91.

Key valuation signals for FRA:JR7:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €8.91 vs. price of €8.68 (2.6% below fair value)
  • GF Score™: 81/100 with 10 warning signs

No single metric tells the full story. See the FRA:JR7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Slate Grocery REIT Business Description

Industry Real EstateREITs
Address 121 King Street West, Suite 1600, Toronto, ON, CAN, M5H 3T9
Slate Grocery REIT is an unincorporated, open-ended mutual fund trust focused on acquiring, owning, and leasing a portfolio of diversified revenue-producing commercial real estate properties in the United States of America with an emphasis on grocery-anchored retail properties.
81GF Score

Get the complete analysis for FRA:JR7

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

€8.68
Price
€8.91
GF Value