Ellington Financial (LTS:0A26) Cyclically Adjusted PS Ratio: 4.98 (As of Aug. 17, 2026) — 11% Below Median

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LTS:0A26 Ellington Financial Inc LTS:0A26
77 GF Score
Price $13.74
GF Value $12.11
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Ellington Financial Cyclically Adjusted PS Ratio?

Ellington Financial LTS:0A26 77 Cyclically Adjusted PS Ratio is 4.98 as of Aug. 17, 2026, which is 11% below its 10-year median of 5.62. GuruFocus rates LTS:0A26 with a GF Score™ of 77/100 and a GF Value™ of $12.11 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 541 REITs companies, Ellington Financial ranks better than 56.56% on this metric.

As of today (2026-08-17), Ellington Financial's current share price is $13.7365. Ellington Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $2.76. Ellington Financial's Cyclically Adjusted PS Ratio for today is 4.98.

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

LTS:0A26' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.6   Med: 5.62   Max: 7.75
Current: 5

During the past years, Ellington Financial's highest Cyclically Adjusted PS Ratio was 7.75. The lowest was 1.60. And the median was 5.62.

LTS:0A26's Cyclically Adjusted PS Ratio is ranked better than
56.56% of 541 companies
in the REITs industry
Industry Median: 5.78 vs LTS:0A26: 5.00

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.

Ellington Financial's adjusted revenue per share data for the three months ended in Jun. 2026 was $0.914. 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 $2.76 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ellington Financial  (LTS:0A26) 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.


Ellington Financial Cyclically Adjusted PS Ratio Related Terms


Ellington Financial Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ellington Financial'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.

Ellington Financial Cyclically Adjusted PS Ratio Chart

Ellington Financial 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 6.11 5.37 5.66 5.36 5.61

Ellington Financial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 5.59 5.44 5.61 4.47 4.98

LTS:0A26 vs ARR, ORC, TWO: Cyclically Adjusted PS Ratio Comparison

For the REIT - Mortgage subindustry, Ellington Financial'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.


Ellington Financial Cyclically Adjusted PS Ratio vs REITs Industry

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

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


LTS:0A26
77GF Score
Ellington Financial Inc LTS:0A26
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ellington Financial 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.

Ellington Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.7365/2.76
=4.98

* 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.

Ellington Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ellington Financial'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)
=0.914/333.9520*333.9520
=0.914

Current CPI (Jun. 2026) = 333.9520.

Ellington Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.150 241.428 0.207
201612 0.201 241.432 0.278
201703 0.598 243.801 0.819
201706 0.298 244.955 0.406
201709 0.332 246.819 0.449
201712 0.462 246.524 0.626
201803 0.852 249.554 1.140
201806 0.941 251.989 1.247
201809 0.468 252.439 0.619
201812 0.254 251.233 0.338
201903 0.746 254.202 0.980
201906 0.671 256.143 0.875
201909 0.663 256.759 0.862
201912 0.592 256.974 0.769
202003 -2.691 258.115 -3.482
202006 1.037 257.797 1.343
202009 1.102 260.280 1.414
202012 1.282 260.474 1.644
202103 1.044 264.877 1.316
202106 0.683 271.696 0.840
202109 0.536 274.310 0.653
202112 0.346 278.802 0.414
202203 0.128 287.504 0.149
202206 -0.615 296.311 -0.693
202209 0.103 296.808 0.116
202212 1.081 296.797 1.216
202303 1.114 301.836 1.233
202306 0.810 305.109 0.887
202309 0.712 307.789 0.773
202312 1.106 306.746 1.204
202403 0.826 312.332 0.883
202406 1.004 314.175 1.067
202409 0.692 315.301 0.733
202412 0.749 315.605 0.793
202503 0.799 319.799 0.834
202506 0.900 322.561 0.932
202509 0.746 324.800 0.767
202512 0.677 324.054 0.698
202603 1.045 330.213 1.057
202606 0.914 333.952 0.914

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 4.98 mean?
Ellington Financial (LTS:0A26) has a Cyclically Adjusted PS Ratio of 4.98 as of Aug. 17, 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 Ellington Financial and its competitors. This is 11% below median its historical median of 5.62. Over the past decade, Ellington Financial's Cyclically Adjusted PS Ratio has ranged from 1.60 to 7.75. According to the industry distribution chart, Ellington Financial ranks #235 out of 541 companies in the REITs industry, placing it in the top 43.4%.
Is Ellington Financial's Cyclically Adjusted PS Ratio too high?
Ellington Financial's current Cyclically Adjusted PS Ratio of 4.98 is 11% below median its 10-year median of 5.62. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 7.75. The REITs industry median Cyclically Adjusted PS Ratio is 5.78. Ellington Financial's value of 4.98 is 13.8% below this industry median. Based on the distribution chart, Ellington Financial ranks #235 out of 541 companies in the REITs industry, which is above the industry midpoint. Overall, Ellington Financial has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ellington Financial's Cyclically Adjusted PS Ratio compare to ARR and ORC?
According to the REITs industry distribution chart, Ellington Financial ranks #235 out of 541 companies for Cyclically Adjusted PS Ratio. This puts Ellington Financial in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.78. Ellington Financial's value of 4.98 is 13.8% below this benchmark. Historically, Ellington Financial's own Cyclically Adjusted PS Ratio has ranged from 1.60 to 7.75 over the past decade. While the company's 10-year median is 5.62 vs. the industry median of 5.78, Ellington Financial 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 5.78, 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. Ellington Financial's current Cyclically Adjusted PS Ratio of 4.98 is 13.8% 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 Ellington Financial and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ellington Financial's current Cyclically Adjusted PS Ratio is 4.98, which is 11% below median its own 10-year median of 5.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ellington Financial stock overvalued right now?
Based on GuruFocus' analysis, Ellington Financial (LTS:0A26) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.11, compared to a current price of $13.74 — trading 13.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.98, which is 11% below median its 10-year median of 5.62 and 13.8% below the REITs industry median of 5.78. Ellington Financial's overall GF Score™ is 77/100 with 8 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 Ellington Financial (LTS:0A26), the current Cyclically Adjusted PS Ratio is 4.98 as of Aug. 17, 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 Ellington Financial (LTS:0A26) Overvalued in 2026?

Based on GuruFocus' analysis, Ellington Financial stock appears to be overvalued. The current stock price of $13.74 is trading 13.4% above its estimated GF Value™ of $12.11. GuruFocus considers Ellington Financial to be Modestly Overvalued.

Key valuation signals for LTS:0A26:

  • Cyclically Adjusted PS Ratio: 4.98 (11% below median its 10-year median of 5.62)
  • GF Value™: $12.11 vs. price of $13.74 (13.4% above fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 13.8% below the REITs median (#235 of 541)

No single metric tells the full story. See the LTS:0A26 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ellington Financial Business Description

Industry Real EstateREITs
Other Exchanges EFC:USA1EL:Germany
Address 53 Forest Avenue, Old Greenwich, CT, USA, 06870
Ellington Financial Inc is a specialty finance company. Its primary investment objective is to generate attractive, risk-adjusted total returns for its shareholders by making investments. The company has two reportable segments; The Investment Portfolio Segment is focused on investing in a diverse array of financial assets, including residential and commercial mortgage loans, residential mortgage-backed securities, non-mortgage- and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments, and The Longbridge Segment is focused on the origination and servicing of reverse mortgage loans. It acquires reverse mortgage loans both through its origination activities and through secondary market purchases.
77GF Score

Get the complete analysis for LTS:0A26

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

$13.74
Price
$12.11
GF Value