Vonovia SE (LTS:0QFT) Cyclically Adjusted PS Ratio: 3.35 (As of Jul. 28, 2026) — 33% Below Median

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LTS:0QFT Vonovia SE LTS:0QFT
64 GF Score
Price €21.31
GF Value €22.75
Valuation Fairly Valued
! 4 Warning Signs
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What is Vonovia SE Cyclically Adjusted PS Ratio?

Vonovia SE LTS:0QFT +3.65% 64 Cyclically Adjusted PS Ratio is 3.35 as of Jul. 28, 2026, which is 33% below its 10-year median of 5.02. GuruFocus rates LTS:0QFT with a GF Score™ of 64/100 and a GF Value™ of €22.75 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,358 Real Estate companies, Vonovia SE ranks worse than 65.39% on this metric.

As of today (2026-07-28), Vonovia SE's current share price is €21.31. Vonovia SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €6.36. Vonovia SE's Cyclically Adjusted PS Ratio for today is 3.35.

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

LTS:0QFT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.18   Med: 5.02   Max: 11.67
Current: 3.27

During the past years, Vonovia SE's highest Cyclically Adjusted PS Ratio was 11.67. The lowest was 3.18. And the median was 5.02.

LTS:0QFT's Cyclically Adjusted PS Ratio is ranked worse than
65.39% of 1358 companies
in the Real Estate industry
Industry Median: 1.78 vs LTS:0QFT: 3.27

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.

Vonovia SE's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.548. 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 €6.36 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vonovia SE  (LTS:0QFT) 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.


Vonovia SE Cyclically Adjusted PS Ratio Related Terms


Vonovia SE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Vonovia SE'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.

Vonovia SE Cyclically Adjusted PS Ratio Chart

Vonovia SE 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 9.12 4.28 5.17 4.89 3.94

Vonovia SE 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 4.09 4.88 4.27 3.94 3.40

LTS:0QFT vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Vonovia SE'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.


Vonovia SE Cyclically Adjusted PS Ratio vs Real Estate Industry

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

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


LTS:0QFT
64GF Score
Vonovia SE LTS:0QFT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vonovia SE 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.

Vonovia SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.31/6.36
=3.35

* 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.

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

For example, Vonovia SE'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)
=1.548/131.2583*131.2583
=1.548

Current CPI (Mar. 2026) = 131.2583.

Vonovia SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.984 100.717 1.282
201609 0.900 101.017 1.169
201612 0.933 101.217 1.210
201703 1.014 101.417 1.312
201706 1.008 102.117 1.296
201709 0.987 102.717 1.261
201712 0.987 102.617 1.262
201803 0.983 102.917 1.254
201806 1.197 104.017 1.510
201809 1.276 104.718 1.599
201812 1.246 104.217 1.569
201903 1.097 104.217 1.382
201906 1.153 105.718 1.432
201909 1.146 106.018 1.419
201912 1.338 105.818 1.660
202003 1.190 105.718 1.477
202006 1.229 106.618 1.513
202009 1.230 105.818 1.526
202012 1.298 105.518 1.615
202103 1.245 107.518 1.520
202106 1.493 108.486 1.806
202109 1.535 109.435 1.841
202112 1.522 110.384 1.810
202203 1.556 113.968 1.792
202206 1.824 115.760 2.068
202209 1.897 118.818 2.096
202212 1.523 119.345 1.675
202303 1.695 122.402 1.818
202306 1.795 123.140 1.913
202309 1.492 124.195 1.577
202312 1.242 123.773 1.317
202403 1.600 125.038 1.680
202406 1.587 125.882 1.655
202409 1.707 126.198 1.775
202412 2.343 127.041 2.421
202503 1.663 127.779 1.708
202506 1.654 128.412 1.691
202509 1.602 129.255 1.627
202512 1.368 129.361 1.388
202603 1.548 131.258 1.548

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 3.35 mean?
Vonovia SE (LTS:0QFT) has a Cyclically Adjusted PS Ratio of 3.35 as of Jul. 28, 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 Vonovia SE and its competitors. This is 33% below median its historical median of 5.02. Over the past decade, Vonovia SE's Cyclically Adjusted PS Ratio has ranged from 3.18 to 11.67. According to the industry distribution chart, Vonovia SE ranks #888 out of 1358 companies in the Real Estate industry, placing it in the top 65.4%.
Is Vonovia SE's Cyclically Adjusted PS Ratio too high?
Vonovia SE's current Cyclically Adjusted PS Ratio of 3.35 is 33% below median its 10-year median of 5.02. Over the past 10 years, this metric has ranged from a low of 3.18 to a high of 11.67. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.78. Vonovia SE's value of 3.35 is 88.2% above this industry median. Based on the distribution chart, Vonovia SE ranks #888 out of 1358 companies in the Real Estate industry, which is below the industry midpoint. Overall, Vonovia SE has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vonovia SE's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Vonovia SE ranks #888 out of 1358 companies for Cyclically Adjusted PS Ratio. This places Vonovia SE in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.78. Vonovia SE's value of 3.35 is 88.2% above this benchmark. Historically, Vonovia SE's own Cyclically Adjusted PS Ratio has ranged from 3.18 to 11.67 over the past decade. While the company's 10-year median is 5.02 vs. the industry median of 1.78, Vonovia SE 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.78, based on 1,358 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. Vonovia SE's current Cyclically Adjusted PS Ratio of 3.35 is 88.2% 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 Vonovia SE and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vonovia SE's current Cyclically Adjusted PS Ratio is 3.35, which is 33% below median its own 10-year median of 5.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vonovia SE stock overvalued right now?
Based on GuruFocus' analysis, Vonovia SE (LTS:0QFT) is currently considered Fairly Valued. The stock's GF Value™ is €22.75, compared to a current price of €21.31 — trading 6.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.35, which is 33% below median its 10-year median of 5.02 and 88.2% above the Real Estate industry median of 1.78. Vonovia SE's overall GF Score™ is 64/100 with 4 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 Vonovia SE (LTS:0QFT), the current Cyclically Adjusted PS Ratio is 3.35 as of Jul. 28, 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 Vonovia SE (LTS:0QFT) Overvalued in 2026?

Based on GuruFocus' analysis, Vonovia SE stock appears to be undervalued. The current stock price of €21.31 is trading 6.3% below its estimated GF Value™ of €22.75. GuruFocus considers Vonovia SE to be Fairly Valued.

Key valuation signals for LTS:0QFT:

  • Cyclically Adjusted PS Ratio: 3.35 (33% below median its 10-year median of 5.02)
  • GF Value™: €22.75 vs. price of €21.31 (6.3% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 88.2% above the Real Estate median (#888 of 1358)

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


Vonovia SE Business Description

Address Universitatsstrasse 133, Bochum, DEU, 44803
Vonovia SE is a residential real estate company based out of Germany. It owns and manages a multitude of residential units in many German cities and regions. The company makes long-term investments in the maintenance, modernization, and senior-friendly conversion of its properties. In addition to conducting property management, it handles financing, service, and coordination tasks. The company manages its operations through four business segments; Rental, Value-add, Recurring Sales, and Development. Maximum revenue is generated from the Rental segment, which combines all of the business activities that are aimed at the value-enhancing management of its residential real estate. It includes the company's property management activities in Germany, Austria, and Sweden.
64GF Score

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

€21.31
Price
€22.75
GF Value