LTC Properties (HAM:LTP) Cyclically Adjusted PS Ratio: 7.08 (As of Jul. 07, 2026) — 19% Below Median


HAM:LTP LTC Properties Inc HAM:LTP
87 GF Score
Price €33.96
GF Value €42.64
Valuation Modestly Undervalued
! 6 Warning Signs
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What is LTC Properties Cyclically Adjusted PS Ratio?

LTC Properties HAM:LTP -0.88% 87 Cyclically Adjusted PS Ratio is 7.08 as of Jul. 07, 2026, which is 19% below its 10-year median of 8.73. GuruFocus rates HAM:LTP with a GF Score™ of 87/100 and a GF Value™ of €42.64 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 556 REITs companies, LTC Properties ranks worse than 61.51% on this metric.

As of today (2026-07-07), LTC Properties's current share price is €33.96. LTC Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €4.80. LTC Properties's Cyclically Adjusted PS Ratio for today is 7.08.

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

HAM:LTP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.26   Med: 8.73   Max: 15.65
Current: 7.13

During the past years, LTC Properties's highest Cyclically Adjusted PS Ratio was 15.65. The lowest was 6.26. And the median was 8.73.

HAM:LTP's Cyclically Adjusted PS Ratio is ranked worse than
61.51% of 556 companies
in the REITs industry
Industry Median: 5.905 vs HAM:LTP: 7.13

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.

LTC Properties's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.685. 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 €4.80 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


LTC Properties  (HAM:LTP) 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.


LTC Properties Cyclically Adjusted PS Ratio Related Terms


LTC Properties Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for LTC Properties'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.

LTC Properties Cyclically Adjusted PS Ratio Chart

LTC Properties 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 7.85 7.60 6.56 6.80 6.51

LTC Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.89 6.66 7.01 6.51 6.83

HAM:LTP vs SILA, DHC, MPT: Cyclically Adjusted PS Ratio Comparison

For the REIT - Healthcare Facilities subindustry, LTC Properties'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.


LTC Properties Cyclically Adjusted PS Ratio vs REITs Industry

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

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


HAM:LTP
87GF Score
LTC Properties Inc HAM:LTP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LTC Properties 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.

LTC Properties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.96/4.80
=7.08

* 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.

LTC Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, LTC Properties's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.685/330.2130*330.2130
=1.685

Current CPI (Mar. 2026) = 330.2130.

LTC Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.933 241.018 1.278
201609 0.925 241.428 1.265
201612 1.023 241.432 1.399
201703 1.006 243.801 1.363
201706 0.950 244.955 1.281
201709 0.871 246.819 1.165
201712 0.894 246.524 1.197
201803 0.859 249.554 1.137
201806 0.893 251.989 1.170
201809 0.898 252.439 1.175
201812 0.962 251.233 1.264
201903 1.009 254.202 1.311
201906 1.030 256.143 1.328
201909 1.071 256.759 1.377
201912 1.056 256.974 1.357
202003 1.062 258.115 1.359
202006 0.646 257.797 0.827
202009 0.829 260.280 1.052
202012 0.969 260.474 1.228
202103 0.864 264.877 1.077
202106 0.808 271.696 0.982
202109 0.813 274.310 0.979
202112 0.891 278.802 1.055
202203 0.941 287.504 1.081
202206 1.026 296.311 1.143
202209 1.083 296.808 1.205
202212 1.112 296.797 1.237
202303 1.122 301.836 1.227
202306 1.080 305.109 1.169
202309 1.121 307.789 1.203
202312 1.099 306.746 1.183
202403 1.098 312.332 1.161
202406 1.071 314.175 1.126
202409 1.132 315.301 1.186
202412 1.105 315.605 1.156
202503 0.993 319.799 1.025
202506 1.135 322.561 1.162
202509 1.280 324.800 1.301
202512 1.502 324.054 1.531
202603 1.685 330.213 1.685

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 7.08 mean?
LTC Properties (HAM:LTP) has a Cyclically Adjusted PS Ratio of 7.08 as of Jul. 07, 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 LTC Properties and its competitors. This is 19% below median its historical median of 8.73. Over the past decade, LTC Properties' Cyclically Adjusted PS Ratio has ranged from 6.26 to 15.65. According to the industry distribution chart, LTC Properties ranks #342 out of 556 companies in the REITs industry, placing it in the top 61.5%.
Is LTC Properties' Cyclically Adjusted PS Ratio too high?
LTC Properties' current Cyclically Adjusted PS Ratio of 7.08 is 19% below median its 10-year median of 8.73. Over the past 10 years, this metric has ranged from a low of 6.26 to a high of 15.65. The REITs industry median Cyclically Adjusted PS Ratio is 5.91. LTC Properties' value of 7.08 is 19.9% above this industry median. Based on the distribution chart, LTC Properties ranks #342 out of 556 companies in the REITs industry, which is below the industry midpoint. Overall, LTC Properties has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LTC Properties' Cyclically Adjusted PS Ratio compare to SILA and DHC?
According to the REITs industry distribution chart, LTC Properties ranks #342 out of 556 companies for Cyclically Adjusted PS Ratio. This places LTC Properties in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.91. LTC Properties' value of 7.08 is 19.9% above this benchmark. Historically, LTC Properties' own Cyclically Adjusted PS Ratio has ranged from 6.26 to 15.65 over the past decade. While the company's 10-year median is 8.73 vs. the industry median of 5.91, LTC Properties 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 5.91, based on 556 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. LTC Properties's current Cyclically Adjusted PS Ratio of 7.08 is 19.9% 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 LTC Properties and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LTC Properties's current Cyclically Adjusted PS Ratio is 7.08, which is 19% below median its own 10-year median of 8.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LTC Properties stock overvalued right now?
Based on GuruFocus' analysis, LTC Properties (HAM:LTP) is currently considered Modestly Undervalued. The stock's GF Value™ is €42.64, compared to a current price of €33.96 — trading 20.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.08, which is 19% below median its 10-year median of 8.73 and 19.9% above the REITs industry median of 5.91. LTC Properties' overall GF Score™ is 87/100 with 6 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 LTC Properties (HAM:LTP), the current Cyclically Adjusted PS Ratio is 7.08 as of Jul. 07, 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 LTC Properties (HAM:LTP) Overvalued in 2026?

Based on GuruFocus' analysis, LTC Properties stock appears to be undervalued. The current stock price of €33.96 is trading 20.4% below its estimated GF Value™ of €42.64. GuruFocus considers LTC Properties to be Modestly Undervalued.

Key valuation signals for HAM:LTP:

  • Cyclically Adjusted PS Ratio: 7.08 (19% below median its 10-year median of 8.73)
  • GF Value™: €42.64 vs. price of €33.96 (20.4% below fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 19.9% above the REITs median (#342 of 556)

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


LTC Properties Business Description

Industry Real EstateREITs
Other Exchanges LTC:USA0JSP:UKLTP:Germany
Address 3011 Townsgate Road, Suite 220, Westlake Village, CA, USA, 91361
LTC Properties Inc is a real estate investment trust. It invests in seniors housing and health care properties, mainly through ownership, sale-leasebacks, mortgage financing, joint ventures, construction financing, and structured finance solutions, including preferred equity, bridge, and mezzanine lending. The company's investment portfolio comprises several properties located throughout the USA, the majority of which are seniors housing and skilled nursing properties. The firm conducts and manages its business as two operating segments: Real Estate Investments, which generates maximum revenue, and SHOP.
87GF Score

Get the complete analysis for HAM:LTP

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

€33.96
Price
€42.64
GF Value