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Equity Lifestyle PropertiesFRA:MHV 87 Cyclically Adjusted PS Ratio is 9.11 as of Jul. 20, 2026, which is 14% below its 10-year median of 10.62. GuruFocus rates FRA:MHV with a GF Score™ of 87/100 and a GF Value™ of €59.26 (Fairly Valued). The stock has 3 warning signs investors should review. Among 552 REITs companies, Equity Lifestyle Properties ranks worse than 74.82% on this metric.
The historical rank and industry rank for Equity Lifestyle Properties's Cyclically Adjusted PS Ratio or its related term are showing as below:
FRA:MHV'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.78 Med: 10.62 Max: 16.98
Current: 9.01
During the past years, Equity Lifestyle Properties's highest Cyclically Adjusted PS Ratio was 16.98. The lowest was 7.78. And the median was 10.62.
FRA:MHV's Cyclically Adjusted PS Ratio is ranked worse than 74.82% of 552
companies
in the REITs industry
Industry Median: 5.895
vs FRA:MHV: 9.01
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.
Equity Lifestyle Properties's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.640. 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 €6.26 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Equity Lifestyle Properties (FRA:MHV) 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.
Equity Lifestyle Properties Cyclically Adjusted PS Ratio Related Terms
Equity Lifestyle Properties Cyclically Adjusted PS Ratio Historical Data
* 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.
Equity Lifestyle Properties Cyclically Adjusted PS Ratio Chart
FRA:MHV vs AMH, UDR, CPT: Cyclically Adjusted PS Ratio Comparison
For the REIT - Residential subindustry, Equity Lifestyle 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.
Equity Lifestyle Properties Cyclically Adjusted PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Equity Lifestyle Properties's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Equity Lifestyle Properties's Cyclically Adjusted PS Ratio falls into.
Equity Lifestyle 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.
* 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.
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 9.11 mean?
Equity Lifestyle Properties (FRA:MHV) has a Cyclically Adjusted PS Ratio of 9.11 as of Jul. 20, 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 Equity Lifestyle Properties and its competitors. This is 14% below median its historical median of 10.62. Over the past decade, Equity Lifestyle Properties' Cyclically Adjusted PS Ratio has ranged from 7.78 to 16.98. According to the industry distribution chart, Equity Lifestyle Properties ranks #413 out of 552 companies in the REITs industry, placing it in the top 74.8%.
Is Equity Lifestyle Properties' Cyclically Adjusted PS Ratio too high?
Equity Lifestyle Properties' current Cyclically Adjusted PS Ratio of 9.11 is 14% below median its 10-year median of 10.62. Over the past 10 years, this metric has ranged from a low of 7.78 to a high of 16.98. The REITs industry median Cyclically Adjusted PS Ratio is 5.90. Equity Lifestyle Properties' value of 9.11 is 54.5% above this industry median. Based on the distribution chart, Equity Lifestyle Properties ranks #413 out of 552 companies in the REITs industry, which is below the industry midpoint. Overall, Equity Lifestyle Properties has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Equity Lifestyle Properties' Cyclically Adjusted PS Ratio compare to AMH and UDR?
According to the REITs industry distribution chart, Equity Lifestyle Properties ranks #413 out of 552 companies for Cyclically Adjusted PS Ratio. This places Equity Lifestyle Properties in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.90. Equity Lifestyle Properties' value of 9.11 is 54.5% above this benchmark. Historically, Equity Lifestyle Properties' own Cyclically Adjusted PS Ratio has ranged from 7.78 to 16.98 over the past decade. While the company's 10-year median is 10.62 vs. the industry median of 5.90, Equity Lifestyle Properties has consistently been above 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 5.90, based on 552 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. Equity Lifestyle Properties's current Cyclically Adjusted PS Ratio of 9.11 is 54.5% 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 Equity Lifestyle Properties and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equity Lifestyle Properties's current Cyclically Adjusted PS Ratio is 9.11, which is 14% below median its own 10-year median of 10.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equity Lifestyle Properties stock overvalued right now?
Based on GuruFocus' analysis, Equity Lifestyle Properties (FRA:MHV) is currently considered Fairly Valued. The stock's GF Value™ is €59.26, compared to a current price of €57.00 — trading 3.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 9.11, which is 14% below median its 10-year median of 10.62 and 54.5% above the REITs industry median of 5.90. Equity Lifestyle Properties' overall GF Score™ is 87/100 with 3 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 Equity Lifestyle Properties (FRA:MHV), the current Cyclically Adjusted PS Ratio is 9.11 as of Jul. 20, 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 Equity Lifestyle Properties (FRA:MHV) Overvalued in 2026?
Based on GuruFocus' analysis, Equity Lifestyle Properties stock appears to be undervalued.
The current stock price of €57.00 is trading 3.8% below its estimated GF Value™ of €59.26.
GuruFocus considers Equity Lifestyle Properties to be Fairly Valued.
Key valuation signals for FRA:MHV:
Cyclically Adjusted PS Ratio: 9.11 (14% below median its 10-year median of 10.62)
GF Value™: €59.26 vs. price of €57.00 (3.8% below fair value)
Industry Position: 54.5% above the REITs median (#413 of 552)
No single metric tells the full story. See the FRA:MHV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 455 properties across the US with a higher concentration in the Sunbelt; 38% of the company's properties are in Florida, 12% in Arizona, and 8% in California. Equity Lifestyle targets owning properties in attractive retirement destinations. More than 70% of the company's properties are either age-restricted or have an average resident age over 55.
87GF Score
Get the complete analysis for FRA:MHV
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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