HEKRF (Hektar Real Estate Investment Trust) Cyclically Adjusted PS Ratio: 1.00 (As of Aug. 20, 2026) — 44% Below Median

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HEKRF Hektar Real Estate Investment Trust HEKRF
40 GF Score
Price $0.10
GF Value $0.09
! 12 Warning Signs
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What is Hektar Real Estate Investment Trust Cyclically Adjusted PS Ratio?

Hektar Real Estate Investment Trust HEKRF -31.46% 40 Cyclically Adjusted PS Ratio is 1.00 as of Aug. 20, 2026, which is 44% below its 10-year median of 1.77. GuruFocus rates HEKRF with a GF Score™ of 40/100 and a GF Value™ of $0.09. The stock has 12 warning signs investors should review. Among 541 REITs companies, Hektar Real Estate Investment Trust ranks better than 88.72% on this metric.

As of today (2026-08-20), Hektar Real Estate Investment Trust's current share price is $0.10. Hektar Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.10. Hektar Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 1.00.

The historical rank and industry rank for Hektar Real Estate Investment Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

HEKRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.35   Med: 1.77   Max: 2.45
Current: 1.63

During the past years, Hektar Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 2.45. The lowest was 1.35. And the median was 1.77.

HEKRF's Cyclically Adjusted PS Ratio is ranked better than
88.72% of 541 companies
in the REITs industry
Industry Median: 5.77 vs HEKRF: 1.63

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.

Hektar Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.011. 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 $0.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hektar Real Estate Investment Trust  (OTCPK:HEKRF) 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.


Hektar Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms


Hektar Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hektar 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.

Hektar Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

Hektar Real Estate Investment Trust 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 1.57 2.12 1.99 1.76 1.46

Hektar Real Estate Investment Trust 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 1.55 1.40 1.45 1.46 1.46

HEKRF vs SPG, O, KIM: Cyclically Adjusted PS Ratio Comparison

For the REIT - Retail subindustry, Hektar 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.


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

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

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


HEKRF
40GF Score
Hektar Real Estate Investment Trust HEKRF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hektar 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.

Hektar Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.10/0.10
=1.00

* 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.

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

For example, Hektar Real Estate Investment Trust'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)
=0.011/330.2130*330.2130
=0.011

Current CPI (Mar. 2026) = 330.2130.

Hektar Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.019 241.018 0.026
201609 0.018 241.428 0.025
201612 0.017 241.432 0.023
201703 0.017 243.801 0.023
201706 0.018 244.955 0.024
201709 0.018 246.819 0.024
201712 0.018 246.524 0.024
201803 0.019 249.554 0.025
201806 0.018 251.989 0.024
201809 0.017 252.439 0.022
201812 0.018 251.233 0.024
201903 0.018 254.202 0.023
201906 0.018 256.143 0.023
201909 0.018 256.759 0.023
201912 0.018 256.974 0.023
202003 0.015 258.115 0.019
202006 0.012 257.797 0.015
202009 0.014 260.280 0.018
202012 0.016 260.474 0.020
202103 0.014 264.877 0.017
202106 0.013 271.696 0.016
202109 0.010 274.310 0.012
202112 0.013 278.802 0.015
202203 0.015 287.504 0.017
202206 0.014 296.311 0.016
202209 0.014 296.808 0.016
202212 0.013 296.797 0.014
202303 0.014 301.836 0.015
202306 0.012 305.109 0.013
202309 0.012 307.789 0.013
202312 0.012 306.746 0.013
202403 0.010 312.332 0.011
202406 0.011 314.175 0.012
202409 0.010 315.301 0.010
202412 0.010 315.605 0.010
202503 0.010 319.799 0.010
202506 0.011 322.561 0.011
202509 0.010 324.800 0.010
202512 0.011 324.054 0.011
202603 0.011 330.213 0.011

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 1.00 mean?
Hektar Real Estate Investment Trust (HEKRF) has a Cyclically Adjusted PS Ratio of 1.00 as of Aug. 20, 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 Hektar Real Estate Investment Trust and its competitors. This is 44% below median its historical median of 1.77. Over the past decade, Hektar Real Estate Investment Trust's Cyclically Adjusted PS Ratio has ranged from 1.35 to 2.45. According to the industry distribution chart, Hektar Real Estate Investment Trust ranks #61 out of 541 companies in the REITs industry, placing it in the top 11.3%.
Is Hektar Real Estate Investment Trust's Cyclically Adjusted PS Ratio too high?
Hektar Real Estate Investment Trust's current Cyclically Adjusted PS Ratio of 1.00 is 44% below median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 2.45. The REITs industry median Cyclically Adjusted PS Ratio is 5.77. Hektar Real Estate Investment Trust's value of 1.00 is 82.7% below this industry median. Based on the distribution chart, Hektar Real Estate Investment Trust ranks #61 out of 541 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hektar Real Estate Investment Trust has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Hektar Real Estate Investment Trust's Cyclically Adjusted PS Ratio compare to SPG and O?
According to the REITs industry distribution chart, Hektar Real Estate Investment Trust ranks #61 out of 541 companies for Cyclically Adjusted PS Ratio. This places Hektar Real Estate Investment Trust in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.77. Hektar Real Estate Investment Trust's value of 1.00 is 82.7% below this benchmark. Historically, Hektar Real Estate Investment Trust's own Cyclically Adjusted PS Ratio has ranged from 1.35 to 2.45 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 5.77, Hektar Real Estate Investment Trust 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 REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.77, based on 541 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. Hektar Real Estate Investment Trust's current Cyclically Adjusted PS Ratio of 1.00 is 82.7% 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 Hektar Real Estate Investment Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hektar Real Estate Investment Trust's current Cyclically Adjusted PS Ratio is 1.00, which is 44% below median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hektar Real Estate Investment Trust stock overvalued right now?
Hektar Real Estate Investment Trust (HEKRF) has a current Cyclically Adjusted PS Ratio of 1.00. The stock's GF Value™ is $0.09, compared to a current price of $0.10 — trading 11.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.00, which is 44% below median its 10-year median of 1.77 and 82.7% below the REITs industry median of 5.77. Hektar Real Estate Investment Trust's overall GF Score™ is 40/100 with 12 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 Hektar Real Estate Investment Trust (HEKRF), the current Cyclically Adjusted PS Ratio is 1.00 as of Aug. 20, 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 Hektar Real Estate Investment Trust (HEKRF) Overvalued in 2026?

Based on GuruFocus' analysis, Hektar Real Estate Investment Trust stock appears to be overvalued. The current stock price of $0.10 is trading 11.1% above its estimated GF Value™ of $0.09.

Key valuation signals for HEKRF:

  • Cyclically Adjusted PS Ratio: 1.00 (44% below median its 10-year median of 1.77)
  • GF Value™: $0.09 vs. price of $0.10 (11.1% above fair value)
  • GF Score™: 40/100 with 12 warning signs
  • Industry Position: 82.7% below the REITs median (#61 of 541)

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


Hektar Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges 5121:Malaysia
Address No 1, Jalan Dutamas 1, D1-U3-10, Block D1, Solaris Dutamas, Sri Hartamas, Kuala Lumpur, MYS, 50480
Hektar Real Estate Investment Trust is a retail-focused REIT. Hektar REIT's principal objective is to provide its Unitholders with defensible income distribution and to enhance the long-term value of the fund. It invests in income-producing real estate used for retail purposes. Its reportable segments include: Retail and Education, of which Retail segment derives maximum revenue. Hektar REIT's portfolio currently consists of shopping centers situated in Subang Jaya, Melaka, Muar, Sungai Petani, Segamat, and Kulim.
40GF Score

Get the complete analysis for HEKRF

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

$0.10
Price
$0.09
GF Value