Boardwalk Real Estate Investment Trust (FRA:YG8) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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FRA:YG8 Boardwalk Real Estate Investment Trust FRA:YG8
71 GF Score
Price €36.84
GF Value €45.57
! 5 Warning Signs
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What is Boardwalk Real Estate Investment Trust 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


Boardwalk Real Estate Investment Trust  (FRA:YG8) 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.


Boardwalk Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms


Boardwalk Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for Boardwalk Real Estate Investment Trust'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.

Boardwalk Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

Boardwalk Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
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Boardwalk Real Estate Investment Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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FRA:YG8 vs VMRK, EQR, ESS: Cyclically Adjusted PS Ratio Comparison

For the REIT - Residential subindustry, Boardwalk Real Estate Investment Trust'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.


Boardwalk Real Estate Investment Trust Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where Boardwalk Real Estate Investment Trust's Cyclically Adjusted PS Ratio falls into.


FRA:YG8
71GF Score
Boardwalk Real Estate Investment Trust FRA:YG8
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boardwalk Real Estate Investment Trust 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.

Boardwalk Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Boardwalk Real Estate Investment Trust'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)
=3.426/333.9520*333.9520
=3.426

Current CPI (Jun. 2026) = 333.9520.

Boardwalk Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.148 241.428 2.971
201612 2.092 241.432 2.894
201703 2.079 243.801 2.848
201706 2.080 244.955 2.836
201709 2.079 246.819 2.813
201712 2.092 246.524 2.834
201803 2.107 249.554 2.820
201806 2.338 251.989 3.098
201809 2.346 252.439 3.104
201812 2.170 251.233 2.884
201903 2.412 254.202 3.169
201906 2.443 256.143 3.185
201909 2.467 256.759 3.209
201912 2.265 256.974 2.943
202003 2.277 258.115 2.946
202006 2.510 257.797 3.251
202009 2.277 260.280 2.922
202012 2.284 260.474 2.928
202103 2.487 264.877 3.136
202106 2.526 271.696 3.105
202109 2.543 274.310 3.096
202112 2.346 278.802 2.810
202203 2.599 287.504 3.019
202206 2.440 296.311 2.750
202209 2.752 296.808 3.096
202212 2.565 296.797 2.886
202303 2.864 301.836 3.169
202306 2.943 305.109 3.221
202309 3.024 307.789 3.281
202312 2.657 306.746 2.893
202403 2.941 312.332 3.145
202406 2.761 314.175 2.935
202409 3.105 315.301 3.289
202412 2.894 315.605 3.062
202503 3.177 319.799 3.318
202506 3.215 322.561 3.329
202509 3.006 324.800 3.091
202512 3.366 324.054 3.469
202603 3.385 330.213 3.423
202606 3.426 333.952 3.426

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 Boardwalk Real Estate Investment Trust (FRA:YG8) Overvalued in 2026?

Based on GuruFocus' analysis, Boardwalk Real Estate Investment Trust stock appears to be undervalued. The current stock price of €36.84 is trading 19.2% below its estimated GF Value™ of €45.57.

Key valuation signals for FRA:YG8:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €45.57 vs. price of €36.84 (19.2% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the FRA:YG8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Boardwalk Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges BOWFF:USABEI.UN:Canada
Address 1501 - 1st Street S.W, Suite 200, First West Place, Calgary, AB, CAN, T2R 0W1
Boardwalk Real Estate Investment Trust is a fully integrated, Resident Member/customer-oriented real estate investment trust focused on and specializing in the acquisition, refurbishment, management, ownership and development of affordable multi-family residential communities. It looks to acquire, develop, own and manage quality rental communities concentrated in attractive growth markets. Boardwalk owned over 200 properties containing 34,405 residential suites in British Columbia, Alberta, Saskatchewan, Ontario, and Quebec, representing over 29 million net rentable square feet.
71GF Score

Get the complete analysis for FRA:YG8

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

€36.84
Price
€45.57
GF Value