Alexandria Real Estate Equities (LTS:0HCH) Cyclically Adjusted PS Ratio: 2.78 (As of Aug. 10, 2026) — 74% Below Median

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LTS:0HCH Alexandria Real Estate Equities Inc LTS:0HCH
53 GF Score
Price $49.82
GF Value $91.99
Valuation Possible Value Trap
! 10 Warning Signs
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What is Alexandria Real Estate Equities Cyclically Adjusted PS Ratio?

Alexandria Real Estate Equities LTS:0HCH +0.13% 53 Cyclically Adjusted PS Ratio is 2.78 as of Aug. 10, 2026, which is 74% below its 10-year median of 10.73. GuruFocus rates LTS:0HCH with a GF Score™ of 53/100 and a GF Value™ of $91.99 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 547 REITs companies, Alexandria Real Estate Equities ranks better than 76.42% on this metric.

As of today (2026-08-10), Alexandria Real Estate Equities's current share price is $49.815. Alexandria Real Estate Equities's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $17.92. Alexandria Real Estate Equities's Cyclically Adjusted PS Ratio for today is 2.78.

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

LTS:0HCH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.37   Med: 10.73   Max: 16.64
Current: 2.82

During the past years, Alexandria Real Estate Equities's highest Cyclically Adjusted PS Ratio was 16.64. The lowest was 2.37. And the median was 10.73.

LTS:0HCH's Cyclically Adjusted PS Ratio is ranked better than
76.42% of 547 companies
in the REITs industry
Industry Median: 5.84 vs LTS:0HCH: 2.82

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.

Alexandria Real Estate Equities's adjusted revenue per share data for the three months ended in Jun. 2026 was $3.768. 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 $17.92 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alexandria Real Estate Equities  (LTS:0HCH) 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.


Alexandria Real Estate Equities Cyclically Adjusted PS Ratio Related Terms


Alexandria Real Estate Equities Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Alexandria Real Estate Equities'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.

Alexandria Real Estate Equities Cyclically Adjusted PS Ratio Chart

Alexandria Real Estate Equities 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 16.63 9.90 8.09 5.89 2.85

Alexandria Real Estate Equities 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 4.26 4.85 2.85 2.66 2.99

LTS:0HCH vs VNO, BXP, CUZ: Cyclically Adjusted PS Ratio Comparison

For the REIT - Office subindustry, Alexandria Real Estate Equities'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.


Alexandria Real Estate Equities Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where Alexandria Real Estate Equities's Cyclically Adjusted PS Ratio falls into.


LTS:0HCH
53GF Score
Alexandria Real Estate Equities Inc LTS:0HCH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alexandria Real Estate Equities 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.

Alexandria Real Estate Equities's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.815/17.92
=2.78

* 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.

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

For example, Alexandria Real Estate Equities'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)
=3.768/333.9520*333.9520
=3.768

Current CPI (Jun. 2026) = 333.9520.

Alexandria Real Estate Equities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.911 241.428 4.027
201612 3.033 241.432 4.195
201703 3.045 243.801 4.171
201706 3.002 244.955 4.093
201709 3.034 246.819 4.105
201712 3.109 246.524 4.212
201803 3.173 249.554 4.246
201806 3.157 251.989 4.184
201809 3.194 252.439 4.225
201812 3.180 251.233 4.227
201903 3.194 254.202 4.196
201906 3.333 256.143 4.345
201909 3.441 256.759 4.476
201912 3.521 256.974 4.576
202003 3.593 258.115 4.649
202006 3.502 257.797 4.537
202009 4.319 260.280 5.541
202012 3.446 260.474 4.418
202103 3.477 264.877 4.384
202106 3.481 271.696 4.279
202109 3.606 274.310 4.390
202112 3.722 278.802 4.458
202203 3.872 287.504 4.498
202206 3.971 296.311 4.475
202209 4.066 296.808 4.575
202212 4.024 296.797 4.528
202303 4.028 301.836 4.457
202306 4.122 305.109 4.512
202309 4.140 307.789 4.492
202312 4.340 306.746 4.725
202403 4.394 312.332 4.698
202406 4.390 314.175 4.666
202409 4.509 315.301 4.776
202412 4.431 315.605 4.689
202503 4.358 319.799 4.551
202506 4.333 322.561 4.486
202509 4.324 324.800 4.446
202512 4.278 324.054 4.409
202603 3.822 330.213 3.865
202606 3.768 333.952 3.768

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 2.78 mean?
Alexandria Real Estate Equities (LTS:0HCH) has a Cyclically Adjusted PS Ratio of 2.78 as of Aug. 10, 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 Alexandria Real Estate Equities and its competitors. This is 74% below median its historical median of 10.73. Over the past decade, Alexandria Real Estate Equities' Cyclically Adjusted PS Ratio has ranged from 2.37 to 16.64. According to the industry distribution chart, Alexandria Real Estate Equities ranks #129 out of 547 companies in the REITs industry, placing it in the top 23.6%.
Is Alexandria Real Estate Equities' Cyclically Adjusted PS Ratio too high?
Alexandria Real Estate Equities' current Cyclically Adjusted PS Ratio of 2.78 is 74% below median its 10-year median of 10.73. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 16.64. The REITs industry median Cyclically Adjusted PS Ratio is 5.84. Alexandria Real Estate Equities' value of 2.78 is 52.4% below this industry median. Based on the distribution chart, Alexandria Real Estate Equities ranks #129 out of 547 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Alexandria Real Estate Equities has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alexandria Real Estate Equities' Cyclically Adjusted PS Ratio compare to VNO and BXP?
According to the REITs industry distribution chart, Alexandria Real Estate Equities ranks #129 out of 547 companies for Cyclically Adjusted PS Ratio. This places Alexandria Real Estate Equities in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.84. Alexandria Real Estate Equities' value of 2.78 is 52.4% below this benchmark. Historically, Alexandria Real Estate Equities' own Cyclically Adjusted PS Ratio has ranged from 2.37 to 16.64 over the past decade. While the company's 10-year median is 10.73 vs. the industry median of 5.84, Alexandria Real Estate Equities 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 5.84, based on 547 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. Alexandria Real Estate Equities's current Cyclically Adjusted PS Ratio of 2.78 is 52.4% 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 Alexandria Real Estate Equities and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alexandria Real Estate Equities's current Cyclically Adjusted PS Ratio is 2.78, which is 74% below median its own 10-year median of 10.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexandria Real Estate Equities stock overvalued right now?
Based on GuruFocus' analysis, Alexandria Real Estate Equities (LTS:0HCH) is currently considered Possible Value Trap. The stock's GF Value™ is $91.99, compared to a current price of $49.82 — trading 45.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.78, which is 74% below median its 10-year median of 10.73 and 52.4% below the REITs industry median of 5.84. Alexandria Real Estate Equities' overall GF Score™ is 53/100 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 Alexandria Real Estate Equities (LTS:0HCH), the current Cyclically Adjusted PS Ratio is 2.78 as of Aug. 10, 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 Alexandria Real Estate Equities (LTS:0HCH) Overvalued in 2026?

Based on GuruFocus' analysis, Alexandria Real Estate Equities stock appears to be undervalued. The current stock price of $49.82 is trading 45.8% below its estimated GF Value™ of $91.99. GuruFocus considers Alexandria Real Estate Equities to be Possible Value Trap.

Key valuation signals for LTS:0HCH:

  • Cyclically Adjusted PS Ratio: 2.78 (74% below median its 10-year median of 10.73)
  • GF Value™: $91.99 vs. price of $49.82 (45.8% below fair value)
  • GF Score™: 53/100 with 10 warning signs
  • Industry Position: 52.4% below the REITs median (#129 of 547)

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


Alexandria Real Estate Equities Business Description

Industry Real EstateREITs
Address 26 North Euclid Avenue, Pasadena, CA, USA, 91101
Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT). It is engaged in the business of providing space for lease to life science, agtech, and technology tenants. The company has established a market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle, Texas, and Canada. The Company is a life science real estate investment trust focused on developing, redeveloping, and operating properties that provide space for lease to tenants in the life science industry.
53GF Score

Get the complete analysis for LTS:0HCH

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

$49.82
Price
$91.99
GF Value