Tritax Big Box REIT (LSE:BBOX) Cyclically Adjusted PS Ratio: 8.23 (As of Jul. 22, 2026) — Near Median

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LSE:BBOX Tritax Big Box REIT PLC LSE:BBOX
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Price £1.65
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What is Tritax Big Box REIT Cyclically Adjusted PS Ratio?

Tritax Big Box REIT LSE:BBOX -0.78% 35 Cyclically Adjusted PS Ratio is 8.23 as of Jul. 22, 2026, which is 9% above its 10-year median of 7.53. GuruFocus rates LSE:BBOX with a GF Score™ of 35/100. The stock has 10 warning signs investors should review. Among 552 REITs companies, Tritax Big Box REIT ranks worse than 70.83% on this metric.

As of today (2026-07-22), Tritax Big Box REIT's current share price is £1.646. Tritax Big Box REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was £0.20. Tritax Big Box REIT's Cyclically Adjusted PS Ratio for today is 8.23.

The historical rank and industry rank for Tritax Big Box REIT's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:BBOX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.48   Med: 7.53   Max: 8.87
Current: 8.38

During the past 12 years, Tritax Big Box REIT's highest Cyclically Adjusted PS Ratio was 8.87. The lowest was 6.48. And the median was 7.53.

LSE:BBOX's Cyclically Adjusted PS Ratio is ranked worse than
70.83% of 552 companies
in the REITs industry
Industry Median: 5.905 vs LSE:BBOX: 8.38

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.

Tritax Big Box REIT's adjusted revenue per share data of for the fiscal year that ended in Dec25 was £0.195. 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 £0.20 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tritax Big Box REIT  (LSE:BBOX) 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.


Tritax Big Box REIT Cyclically Adjusted PS Ratio Related Terms


Tritax Big Box REIT Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tritax Big Box REIT'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.

Tritax Big Box REIT Cyclically Adjusted PS Ratio Chart

Tritax Big Box REIT 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 8.76 6.52 7.63

Tritax Big Box REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 8.76 0.00 6.52 0.00 7.63

LSE:BBOX vs PLD, PSA, EXR: Cyclically Adjusted PS Ratio Comparison

For the REIT - Industrial subindustry, Tritax Big Box REIT'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.


Tritax Big Box REIT Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Tritax Big Box REIT's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tritax Big Box REIT's Cyclically Adjusted PS Ratio falls into.


LSE:BBOX
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Tritax Big Box REIT PLC LSE:BBOX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tritax Big Box REIT 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.

Tritax Big Box REIT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.646/0.20
=8.23

* 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.

Tritax Big Box REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Tritax Big Box REIT'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)
=0.195/139.9000*139.9000
=0.195

Current CPI (Dec25) = 139.9000.

Tritax Big Box REIT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.112 102.200 0.153
201712 0.204 105.000 0.272
201812 0.183 107.100 0.239
201912 0.097 108.500 0.125
202012 0.285 109.400 0.364
202112 0.560 114.700 0.683
202212 -0.312 125.300 -0.348
202312 0.060 130.500 0.064
202412 0.239 135.100 0.247
202512 0.195 139.900 0.195

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 8.23 mean?
Tritax Big Box REIT (LSE:BBOX) has a Cyclically Adjusted PS Ratio of 8.23 as of Jul. 22, 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 Tritax Big Box REIT and its competitors. This is near median its historical median of 7.53. Over the past decade, Tritax Big Box REIT's Cyclically Adjusted PS Ratio has ranged from 6.48 to 8.87. According to the industry distribution chart, Tritax Big Box REIT ranks #391 out of 552 companies in the REITs industry, placing it in the top 70.8%.
Is Tritax Big Box REIT's Cyclically Adjusted PS Ratio too high?
Tritax Big Box REIT's current Cyclically Adjusted PS Ratio of 8.23 is near median its 10-year median of 7.53. Over the past 10 years, this metric has ranged from a low of 6.48 to a high of 8.87. The REITs industry median Cyclically Adjusted PS Ratio is 5.91. Tritax Big Box REIT's value of 8.23 is 39.4% above this industry median. Based on the distribution chart, Tritax Big Box REIT ranks #391 out of 552 companies in the REITs industry, which is below the industry midpoint. Overall, Tritax Big Box REIT has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Tritax Big Box REIT's Cyclically Adjusted PS Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Tritax Big Box REIT ranks #391 out of 552 companies for Cyclically Adjusted PS Ratio. This places Tritax Big Box REIT in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.91. Tritax Big Box REIT's value of 8.23 is 39.4% above this benchmark. Historically, Tritax Big Box REIT's own Cyclically Adjusted PS Ratio has ranged from 6.48 to 8.87 over the past decade. While the company's 10-year median is 7.53 vs. the industry median of 5.91, Tritax Big Box REIT 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 552 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. Tritax Big Box REIT's current Cyclically Adjusted PS Ratio of 8.23 is 39.4% 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 Tritax Big Box REIT 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. Tritax Big Box REIT's current Cyclically Adjusted PS Ratio is 8.23, which is near median its own 10-year median of 7.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tritax Big Box REIT stock overvalued right now?
Tritax Big Box REIT (LSE:BBOX) has a current Cyclically Adjusted PS Ratio of 8.23. The current Cyclically Adjusted PS Ratio is 8.23, which is near median its 10-year median of 7.53 and 39.4% above the REITs industry median of 5.91. Tritax Big Box REIT's overall GF Score™ is 35/100 with 10 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 Tritax Big Box REIT (LSE:BBOX), the current Cyclically Adjusted PS Ratio is 8.23 as of Jul. 22, 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.

Tritax Big Box REIT Business Description

Industry Real EstateREITs
Address 72 Broadwick Street, London, GBR, W1F 9QZ
Tritax Big Box REIT PLC is a UK-based real estate investment trust. It owns, manages, and develops critical logistics real estate in the UK. The company is engaged in a single segment business, being the investment in UK logistics assets and land options with a view to developing logistics and holding these for investment purposes. The company proactively manages its 100-plus assets - from small to big boxes - using its sector specialism and deep market insights to stay ahead of trends and meet its clients' evolving needs.
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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