Wereldhave NV (FRA:WER) Cyclically Adjusted PS Ratio: (As of Jul. 26, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:WER Wereldhave NV FRA:WER
64 GF Score
Price €18.56
GF Value €12.13
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Wereldhave NV Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wereldhave NV  (FRA:WER) 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.


Wereldhave NV Cyclically Adjusted PS Ratio Related Terms


Wereldhave NV Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Wereldhave NV'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.

Wereldhave NV Cyclically Adjusted PS Ratio Chart

Wereldhave NV 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 0.00 1.47 2.46

Wereldhave NV Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 1.96 2.30 2.46 2.89 0.00

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

For the REIT - Retail subindustry, Wereldhave NV'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.


Wereldhave NV Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where Wereldhave NV's Cyclically Adjusted PS Ratio falls into.


FRA:WER
64GF Score
Wereldhave NV FRA:WER
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wereldhave NV 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.

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

For example, Wereldhave NV'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)
=0/138.6000*138.6000
=0.000

Current CPI (Jun. 2026) = 138.6000.

Wereldhave NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201106 2.340 93.570 3.466
201109 2.373 94.530 3.479
201112 -0.193 94.040 -0.284
201203 2.352 95.780 3.403
201206 2.368 95.570 3.434
201209 2.467 96.720 3.535
201212 -1.436 96.760 -2.057
201306 0.000 98.320 0.000
201312 0.000 98.360 0.000
201403 1.370 99.390 1.910
201406 1.451 99.240 2.026
201412 0.000 99.050 0.000
201503 1.693 99.750 2.352
201506 1.671 100.230 2.311
201512 0.000 99.730 0.000
201606 0.000 100.260 0.000
201612 0.000 100.710 0.000
201706 0.000 101.370 0.000
201712 0.000 101.970 0.000
201806 0.000 103.100 0.000
201812 0.000 103.970 0.000
201906 0.000 105.840 0.000
201912 0.000 106.800 0.000
202006 0.000 107.510 0.000
202012 0.000 107.850 0.000
202106 0.000 109.670 0.000
202112 0.000 114.010 0.000
202206 0.000 119.050 0.000
202212 0.000 124.940 0.000
202306 0.000 125.830 0.000
202312 0.000 126.450 0.000
202406 0.000 129.910 0.000
202409 0.660 131.610 0.695
202412 1.548 131.630 1.630
202503 0.827 133.330 0.860
202506 1.541 133.960 1.594
202509 0.663 135.920 0.676
202512 1.712 135.270 1.754
202603 0.844 136.910 0.854
202606 0.000 138.600 0.000

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 Wereldhave NV (FRA:WER) Overvalued in 2026?

Based on GuruFocus' analysis, Wereldhave NV stock appears to be overvalued. The current stock price of €18.56 is trading 53% above its estimated GF Value™ of €12.13. GuruFocus considers Wereldhave NV to be Significantly Overvalued.

Key valuation signals for FRA:WER:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €12.13 vs. price of €18.56 (53% above fair value)
  • GF Score™: 64/100 with 5 warning signs

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


Wereldhave NV Business Description

Industry Real EstateREITs
Address Nieuwe Passeerdersstraat 1, Amsterdam, NLD, 1016 XP
Wereldhave NV is a Dutch real estate investment company that owns and operates shopping centers in northwest continental Europe. The company's properties are located in large regional cities in the Netherlands, Belgium, Luxembourg, and France. Its Full Service Centers contribute to a finer everyday life for visitors and finer business for tenants by offering a one-stop location for groceries, shopping, leisure, relaxation, sports, health, work, and other daily needs. The group principally generates revenue from leasing retail space to tenants, which include fashion and accessories stores, restaurants and cafes, consumer electronics retailers, and homeware and household shops.
64GF Score

Get the complete analysis for FRA:WER

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

€18.56
Price
€12.13
GF Value