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China Merchants LandFRA:TNY1 43 Cyclically Adjusted PS Ratio is 0.05 as of Sep. 12, 2026, which is 67% below its 10-year median of 0.15. GuruFocus rates FRA:TNY1 with a GF Score™ of 43/100 and a GF Value™ of €0.03. The stock has 8 warning signs investors should review. Among 1,358 Real Estate companies, China Merchants Land ranks better than 96.98% on this metric.
The historical rank and industry rank for China Merchants Land's Cyclically Adjusted PS Ratio or its related term are showing as below:
FRA:TNY1'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.15 Max: 0.51
Current: 0.05
During the past 13 years, China Merchants Land's highest Cyclically Adjusted PS Ratio was 0.51. The lowest was 0.04. And the median was 0.15.
FRA:TNY1's Cyclically Adjusted PS Ratio is ranked better than 96.98% of 1358
companies
in the Real Estate industry
Industry Median: 1.795
vs FRA:TNY1: 0.05
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.
China Merchants Land's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €0.649. 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 €0.50 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
China Merchants Land (FRA:TNY1) 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.
China Merchants Land Cyclically Adjusted PS Ratio Related Terms
China Merchants Land Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for China Merchants Land'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.
China Merchants Land Cyclically Adjusted PS Ratio Chart
China Merchants Land Cyclically Adjusted PS Ratio Competitor Comparison
For the Real Estate - Diversified subindustry, China Merchants Land'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.
China Merchants Land Cyclically Adjusted PS Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, China Merchants Land's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where China Merchants Land's Cyclically Adjusted PS Ratio falls into.
China Merchants Land 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 0.05 mean?
China Merchants Land (FRA:TNY1) has a Cyclically Adjusted PS Ratio of 0.05 as of Sep. 12, 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 China Merchants Land and its competitors. This is 67% below median its historical median of 0.15. Over the past decade, China Merchants Land's Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.51. According to the industry distribution chart, China Merchants Land ranks #41 out of 1358 companies in the Real Estate industry, placing it in the top 3%.
Is China Merchants Land's Cyclically Adjusted PS Ratio too high?
China Merchants Land's current Cyclically Adjusted PS Ratio of 0.05 is 67% below median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.51. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.80. China Merchants Land's value of 0.05 is 97.2% below this industry median. Based on the distribution chart, China Merchants Land ranks #41 out of 1358 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, China Merchants Land has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does China Merchants Land's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, China Merchants Land ranks #41 out of 1358 companies for Cyclically Adjusted PS Ratio. This places China Merchants Land in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.80. China Merchants Land's value of 0.05 is 97.2% below this benchmark. Historically, China Merchants Land's own Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.51 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 1.80, China Merchants Land 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.80, based on 1,358 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. China Merchants Land's current Cyclically Adjusted PS Ratio of 0.05 is 97.2% 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 China Merchants Land and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Merchants Land's current Cyclically Adjusted PS Ratio is 0.05, which is 67% below median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Land stock overvalued right now?
China Merchants Land (FRA:TNY1) has a current Cyclically Adjusted PS Ratio of 0.05. The stock's GF Value™ is €0.03, compared to a current price of €0.02 — trading 18.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.05, which is 67% below median its 10-year median of 0.15 and 97.2% below the Real Estate industry median of 1.80. China Merchants Land's overall GF Score™ is 43/100 with 8 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 China Merchants Land (FRA:TNY1), the current Cyclically Adjusted PS Ratio is 0.05 as of Sep. 12, 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 China Merchants Land (FRA:TNY1) Overvalued in 2026?
Based on GuruFocus' analysis, China Merchants Land stock appears to be undervalued.
The current stock price of €0.02 is trading 18.3% below its estimated GF Value™ of €0.03.
Key valuation signals for FRA:TNY1:
Cyclically Adjusted PS Ratio: 0.05 (67% below median its 10-year median of 0.15)
GF Value™: €0.03 vs. price of €0.02 (18.3% below fair value)
Industry Position: 97.2% below the Real Estate median (#41 of 1358)
No single metric tells the full story. See the FRA:TNY1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Merchants Land Ltd is an investment holding company. The company is principally engaged in the development, sale, lease, investment and management of properties; assets management; and investment holding activities. The company has two operating segment Development and sales of properties and property leasing (Properties Segment); and Asset management for office premises and shopping malls (Asset Management Segment). The company generated majority of revenue from Properties Segment. The company has presence in Foshan, Guangzhou, Nanjing and Jurong, Chongqing, Xi'an, and Hong Kong.
43GF Score
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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