Wereldhave Belgium (FRA:WPU) Cyclically Adjusted PS Ratio: 6.20 (As of Jul. 28, 2026) — Near Median

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FRA:WPU Wereldhave Belgium FRA:WPU
78 GF Score
Price €53.00
GF Value €49.40
! 11 Warning Signs
View Full Analysis

What is Wereldhave Belgium Cyclically Adjusted PS Ratio?

Wereldhave Belgium FRA:WPU 78 Cyclically Adjusted PS Ratio is 6.20 as of Jul. 28, 2026, which is 3% above its 10-year median of 6.03. GuruFocus rates FRA:WPU with a GF Score™ of 78/100 and a GF Value™ of €49.40. The stock has 11 warning signs investors should review. Among 546 REITs companies, Wereldhave Belgium ranks worse than 51.28% on this metric.

As of today (2026-07-28), Wereldhave Belgium's current share price is €53.00. Wereldhave Belgium's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €8.55. Wereldhave Belgium's Cyclically Adjusted PS Ratio for today is 6.20.

The historical rank and industry rank for Wereldhave Belgium's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:WPU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.38   Med: 6.03   Max: 20.34
Current: 6.03

During the past 13 years, Wereldhave Belgium's highest Cyclically Adjusted PS Ratio was 20.34. The lowest was 4.38. And the median was 6.03.

FRA:WPU's Cyclically Adjusted PS Ratio is ranked worse than
51.28% of 546 companies
in the REITs industry
Industry Median: 5.845 vs FRA:WPU: 6.03

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.

Wereldhave Belgium's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €10.006. 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 €8.55 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wereldhave Belgium  (FRA:WPU) 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 Belgium Cyclically Adjusted PS Ratio Related Terms


Wereldhave Belgium Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Wereldhave Belgium'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 Belgium Cyclically Adjusted PS Ratio Chart

Wereldhave Belgium 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 5.67 5.05 4.84 4.40 5.99

Wereldhave Belgium 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 4.40 0.00 5.99 0.00

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

For the REIT - Retail subindustry, Wereldhave Belgium'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 Belgium Cyclically Adjusted PS Ratio vs REITs Industry

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

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


FRA:WPU
78GF Score
Wereldhave Belgium FRA:WPU
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wereldhave Belgium 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 Belgium's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.00/8.55
=6.20

* 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 Belgium's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Wereldhave Belgium'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)
=10.006/135.0700*135.0700
=10.006

Current CPI (Dec25) = 135.0700.

Wereldhave Belgium Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 7.149 102.614 9.410
201712 7.295 104.804 9.402
201812 7.977 107.252 10.046
201912 7.649 108.065 9.560
202012 7.002 108.511 8.716
202112 6.455 114.705 7.601
202212 6.697 126.578 7.146
202312 7.309 128.292 7.695
202412 8.745 132.346 8.925
202512 10.006 135.070 10.006

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.

What does a Cyclically Adjusted PS Ratio of 6.20 mean?
Wereldhave Belgium (FRA:WPU) has a Cyclically Adjusted PS Ratio of 6.20 as of Jul. 28, 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 Wereldhave Belgium and its competitors. This is near median its historical median of 6.03. Over the past decade, Wereldhave Belgium's Cyclically Adjusted PS Ratio has ranged from 4.38 to 20.34. According to the industry distribution chart, Wereldhave Belgium ranks #280 out of 546 companies in the REITs industry, placing it in the top 51.3%.
Is Wereldhave Belgium's Cyclically Adjusted PS Ratio too high?
Wereldhave Belgium's current Cyclically Adjusted PS Ratio of 6.20 is near median its 10-year median of 6.03. Over the past 10 years, this metric has ranged from a low of 4.38 to a high of 20.34. The REITs industry median Cyclically Adjusted PS Ratio is 5.85. Wereldhave Belgium's value of 6.20 is 6.1% above this industry median. Based on the distribution chart, Wereldhave Belgium ranks #280 out of 546 companies in the REITs industry, which is below the industry midpoint. Overall, Wereldhave Belgium has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Wereldhave Belgium's Cyclically Adjusted PS Ratio compare to SPG and O?
According to the REITs industry distribution chart, Wereldhave Belgium ranks #280 out of 546 companies for Cyclically Adjusted PS Ratio. This places Wereldhave Belgium in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.85. Wereldhave Belgium's value of 6.20 is 6.1% above this benchmark. Historically, Wereldhave Belgium's own Cyclically Adjusted PS Ratio has ranged from 4.38 to 20.34 over the past decade. While the company's 10-year median is 6.03 vs. the industry median of 5.85, Wereldhave Belgium 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 5.85, based on 546 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. Wereldhave Belgium's current Cyclically Adjusted PS Ratio of 6.20 is 6.1% 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 Wereldhave Belgium and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wereldhave Belgium's current Cyclically Adjusted PS Ratio is 6.20, which is near median its own 10-year median of 6.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wereldhave Belgium stock overvalued right now?
Wereldhave Belgium (FRA:WPU) has a current Cyclically Adjusted PS Ratio of 6.20. The stock's GF Value™ is €49.40, compared to a current price of €53.00 — trading 7.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.20, which is near median its 10-year median of 6.03 and 6.1% above the REITs industry median of 5.85. Wereldhave Belgium's overall GF Score™ is 78/100 with 11 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 Wereldhave Belgium (FRA:WPU), the current Cyclically Adjusted PS Ratio is 6.20 as of Jul. 28, 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 Wereldhave Belgium (FRA:WPU) Overvalued in 2026?

Based on GuruFocus' analysis, Wereldhave Belgium stock appears to be overvalued. The current stock price of €53.00 is trading 7.3% above its estimated GF Value™ of €49.40.

Key valuation signals for FRA:WPU:

  • Cyclically Adjusted PS Ratio: 6.20 (near median its 10-year median of 6.03)
  • GF Value™: €49.40 vs. price of €53.00 (7.3% above fair value)
  • GF Score™: 78/100 with 11 warning signs
  • Industry Position: 6.1% above the REITs median (#280 of 546)

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


Wereldhave Belgium Business Description

Industry Real EstateREITs
Other Exchanges 0N2C:UKWEHB:Belgium
Address Medialaan 30 bus 6, Vilvoorde, BEL, 1800
Wereldhave Belgium is a publicly-regulated real estate company with a focus on commercial property and operating in Belgium. Wereldhave Belgium targets shopping centers as new investments. Its operational shopping center portfolio includes locations in Liege, Nivelles, Tournai, Ghent, Genk, Waterloo, and Kortrijk. The company also owns office properties in Brussels, Vilvoorde, and Antwerp. The company's focus is to create value through both active management and redevelopment, with tactics that include maintaining contact with lessees to acquire up-to-date market information. The company has two segments: offices and retail.
78GF Score

Get the complete analysis for FRA:WPU

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

€53.00
Price
€49.40
GF Value