MAPIF (Mapletree Industrial Trust) Cyclically Adjusted PS Ratio: 7.45 (As of Jul. 21, 2026) — 28% Below Median

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MAPIF Mapletree Industrial Trust MAPIF
62 GF Score
Price $1.49
GF Value $1.73
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Mapletree Industrial Trust Cyclically Adjusted PS Ratio?

Mapletree Industrial Trust MAPIF 62 Cyclically Adjusted PS Ratio is 7.45 as of Jul. 21, 2026, which is 28% below its 10-year median of 10.32. GuruFocus rates MAPIF with a GF Score™ of 62/100 and a GF Value™ of $1.73 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 552 REITs companies, Mapletree Industrial Trust ranks worse than 68.66% on this metric.

As of today (2026-07-21), Mapletree Industrial Trust's current share price is $1.49. Mapletree Industrial Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.20. Mapletree Industrial Trust's Cyclically Adjusted PS Ratio for today is 7.45.

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

MAPIF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.96   Med: 10.32   Max: 17.15
Current: 7.98

During the past years, Mapletree Industrial Trust's highest Cyclically Adjusted PS Ratio was 17.15. The lowest was 7.96. And the median was 10.32.

MAPIF's Cyclically Adjusted PS Ratio is ranked worse than
68.66% of 552 companies
in the REITs industry
Industry Median: 5.895 vs MAPIF: 7.98

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.

Mapletree Industrial Trust's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.043. 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 Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mapletree Industrial Trust  (OTCPK:MAPIF) 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.


Mapletree Industrial Trust Cyclically Adjusted PS Ratio Related Terms


Mapletree Industrial Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mapletree Industrial 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.

Mapletree Industrial Trust Cyclically Adjusted PS Ratio Chart

Mapletree Industrial Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.78 10.63 10.09 8.81 7.98

Mapletree Industrial 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 8.81 8.49 8.83 8.68 7.98

MAPIF vs PLD, PSA, EXR: Cyclically Adjusted PS Ratio Comparison

For the REIT - Industrial subindustry, Mapletree Industrial 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.


Mapletree Industrial Trust Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where Mapletree Industrial Trust's Cyclically Adjusted PS Ratio falls into.


MAPIF
62GF Score
Mapletree Industrial Trust MAPIF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mapletree Industrial 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.

Mapletree Industrial Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.49/0.20
=7.45

* 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.

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

For example, Mapletree Industrial 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)
=0.043/330.2130*330.2130
=0.043

Current CPI (Mar. 2026) = 330.2130.

Mapletree Industrial Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.034 241.018 0.047
201609 0.034 241.428 0.047
201612 0.032 241.432 0.044
201703 0.035 243.801 0.047
201706 0.035 244.955 0.047
201709 0.038 246.819 0.051
201712 0.036 246.524 0.048
201803 0.026 249.554 0.034
201806 0.036 251.989 0.047
201809 0.036 252.439 0.047
201812 0.036 251.233 0.047
201903 0.028 254.202 0.036
201906 0.036 256.143 0.046
201909 0.036 256.759 0.046
201912 0.034 256.974 0.044
202003 0.024 258.115 0.031
202006 0.027 257.797 0.035
202009 0.029 260.280 0.037
202012 0.035 260.474 0.044
202103 0.042 264.877 0.052
202106 0.037 271.696 0.045
202109 0.039 274.310 0.047
202112 0.040 278.802 0.047
202203 0.041 287.504 0.047
202206 0.040 296.311 0.045
202209 0.041 296.808 0.046
202212 0.042 296.797 0.047
202303 0.042 301.836 0.046
202306 0.043 305.109 0.047
202309 0.043 307.789 0.046
202312 0.044 306.746 0.047
202403 0.045 312.332 0.048
202406 0.044 314.175 0.046
202409 0.047 315.301 0.049
202412 0.044 315.605 0.046
202503 0.045 319.799 0.046
202506 0.046 322.561 0.047
202509 0.044 324.800 0.045
202512 0.042 324.054 0.043
202603 0.043 330.213 0.043

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 7.45 mean?
Mapletree Industrial Trust (MAPIF) has a Cyclically Adjusted PS Ratio of 7.45 as of Jul. 21, 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 Mapletree Industrial Trust and its competitors. This is 28% below median its historical median of 10.32. Over the past decade, Mapletree Industrial Trust's Cyclically Adjusted PS Ratio has ranged from 7.96 to 17.15. According to the industry distribution chart, Mapletree Industrial Trust ranks #379 out of 552 companies in the REITs industry, placing it in the top 68.7%.
Is Mapletree Industrial Trust's Cyclically Adjusted PS Ratio too high?
Mapletree Industrial Trust's current Cyclically Adjusted PS Ratio of 7.45 is 28% below median its 10-year median of 10.32. Over the past 10 years, this metric has ranged from a low of 7.96 to a high of 17.15. The REITs industry median Cyclically Adjusted PS Ratio is 5.90. Mapletree Industrial Trust's value of 7.45 is 26.4% above this industry median. Based on the distribution chart, Mapletree Industrial Trust ranks #379 out of 552 companies in the REITs industry, which is below the industry midpoint. Overall, Mapletree Industrial Trust has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mapletree Industrial Trust's Cyclically Adjusted PS Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Mapletree Industrial Trust ranks #379 out of 552 companies for Cyclically Adjusted PS Ratio. This places Mapletree Industrial Trust in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.90. Mapletree Industrial Trust's value of 7.45 is 26.4% above this benchmark. Historically, Mapletree Industrial Trust's own Cyclically Adjusted PS Ratio has ranged from 7.96 to 17.15 over the past decade. While the company's 10-year median is 10.32 vs. the industry median of 5.90, Mapletree Industrial Trust 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 5.90, 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. Mapletree Industrial Trust's current Cyclically Adjusted PS Ratio of 7.45 is 26.4% 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 Mapletree Industrial Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mapletree Industrial Trust's current Cyclically Adjusted PS Ratio is 7.45, which is 28% below median its own 10-year median of 10.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mapletree Industrial Trust stock overvalued right now?
Based on GuruFocus' analysis, Mapletree Industrial Trust (MAPIF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.73, compared to a current price of $1.49 — trading 13.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.45, which is 28% below median its 10-year median of 10.32 and 26.4% above the REITs industry median of 5.90. Mapletree Industrial Trust's overall GF Score™ is 62/100 with 7 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 Mapletree Industrial Trust (MAPIF), the current Cyclically Adjusted PS Ratio is 7.45 as of Jul. 21, 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 Mapletree Industrial Trust (MAPIF) Overvalued in 2026?

Based on GuruFocus' analysis, Mapletree Industrial Trust stock appears to be undervalued. The current stock price of $1.49 is trading 13.9% below its estimated GF Value™ of $1.73. GuruFocus considers Mapletree Industrial Trust to be Modestly Undervalued.

Key valuation signals for MAPIF:

  • Cyclically Adjusted PS Ratio: 7.45 (28% below median its 10-year median of 10.32)
  • GF Value™: $1.73 vs. price of $1.49 (13.9% below fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 26.4% above the REITs median (#379 of 552)

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


Mapletree Industrial Trust Business Description

Industry Real EstateREITs
Other Exchanges ME8U:SingaporeM2L:Germany
Address 10 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Industrial Trust is a real estate investment trust focused on industrial properties and data centers. Its property portfolio consists of 136 properties in Singapore, North America, and Japan. Types of property owned include data centers, high-tech buildings, business parks, and general industrial. The trust is externally managed by Mapletree Industrial Trust Management Limited, a subsidiary of its sponsor, which owns around 31% stake in the trust.
62GF Score

Get the complete analysis for MAPIF

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

$1.49
Price
$1.73
GF Value