Keppel DC REIT (FRA:R09) Cyclically Adjusted PS Ratio: (As of Aug. 10, 2026)

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FRA:R09 Keppel DC REIT FRA:R09
71 GF Score
Price €1.43
GF Value €1.68
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Keppel DC 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


Keppel DC REIT  (FRA:R09) 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.


Keppel DC REIT Cyclically Adjusted PS Ratio Related Terms


Keppel DC REIT Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Keppel DC 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.

Keppel DC REIT Cyclically Adjusted PS Ratio Chart

Keppel DC 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 0.00 0.00 12.62 13.06 12.88

Keppel DC REIT Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 13.06 0.00 12.88 0.00

FRA:R09 vs BXP, ARE, VNO: Cyclically Adjusted PS Ratio Comparison

For the REIT - Office subindustry, Keppel DC 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.


Keppel DC REIT Cyclically Adjusted PS Ratio vs REITs Industry

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

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


FRA:R09
71GF Score
Keppel DC REIT FRA:R09
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keppel DC 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.

Keppel DC REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Keppel DC REIT's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.128/324.0540*324.0540
=0.128

Current CPI (Dec25) = 324.0540.

Keppel DC REIT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.069 241.432 0.093
201712 0.075 246.524 0.099
201812 0.087 251.233 0.112
201912 0.090 256.974 0.113
202012 0.099 260.474 0.123
202112 0.104 278.802 0.121
202212 0.111 296.797 0.121
202312 0.112 306.746 0.118
202412 0.125 315.605 0.128
202512 0.128 324.054 0.128

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 Keppel DC REIT (FRA:R09) Overvalued in 2026?

Based on GuruFocus' analysis, Keppel DC REIT stock appears to be undervalued. The current stock price of €1.43 is trading 14.8% below its estimated GF Value™ of €1.68. GuruFocus considers Keppel DC REIT to be Modestly Undervalued.

Key valuation signals for FRA:R09:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €1.68 vs. price of €1.43 (14.8% below fair value)
  • GF Score™: 71/100 with 10 warning signs

No single metric tells the full story. See the FRA:R09 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keppel DC REIT Business Description

Industry Real EstateREITs
Other Exchanges KPDCF:USAAJBU:Singapore
Address 16 Collyer Quay, No. 07-01, Singapore, SGP, 049318
Keppel DC REIT is a real estate investment trust that principally invests in real estate assets used primarily for data center purposes and assets necessary to support the digital economy. As at March 31, 2026, it held a SGD 6.3 billion portfolio of 25 properties across 10 countries in Asia and Europe. Its properties are leased out as colocation, fully fitted, and shell and core data centers. The trust is externally managed by Keppel DC REIT Management Pte. Ltd., and parent company Keppel Limited owns around a 20% stake in the trust.
71GF Score

Get the complete analysis for FRA:R09

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

€1.43
Price
€1.68
GF Value