COPT Defense Properties (MEX:CDP) Cyclically Adjusted PS Ratio: 4.23 (As of Jul. 07, 2026) — 14% Above Median


MEX:CDP COPT Defense Properties MEX:CDP
73 GF Score
Price MXN531.56
GF Value MXN407.19
! 11 Warning Signs
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What is COPT Defense Properties Cyclically Adjusted PS Ratio?

COPT Defense Properties MEX:CDP 73 Cyclically Adjusted PS Ratio is 4.23 as of Jul. 07, 2026, which is 14% above its 10-year median of 3.72. GuruFocus rates MEX:CDP with a GF Score™ of 73/100 and a GF Value™ of MXN407.19. The stock has 11 warning signs investors should review. Among 556 REITs companies, COPT Defense Properties ranks better than 56.12% on this metric.

As of today (2026-07-07), COPT Defense Properties's current share price is MXN531.56. COPT Defense Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN125.59. COPT Defense Properties's Cyclically Adjusted PS Ratio for today is 4.23.

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

MEX:CDP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.33   Med: 3.72   Max: 5.21
Current: 5.18

During the past years, COPT Defense Properties's highest Cyclically Adjusted PS Ratio was 5.21. The lowest was 2.33. And the median was 3.72.

MEX:CDP's Cyclically Adjusted PS Ratio is ranked better than
56.12% of 556 companies
in the REITs industry
Industry Median: 5.905 vs MEX:CDP: 5.18

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.

COPT Defense Properties's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN31.651. 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 MXN125.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


COPT Defense Properties  (MEX:CDP) 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.


COPT Defense Properties Cyclically Adjusted PS Ratio Related Terms


COPT Defense Properties Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for COPT Defense Properties'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.

COPT Defense Properties Cyclically Adjusted PS Ratio Chart

COPT Defense Properties 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 4.05 3.64 3.57 4.32 3.90

COPT Defense Properties 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 3.79 3.84 4.05 3.90 4.23

MEX:CDP vs KRC, SLG, CUZ: Cyclically Adjusted PS Ratio Comparison

For the REIT - Office subindustry, COPT Defense Properties'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.


COPT Defense Properties Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where COPT Defense Properties's Cyclically Adjusted PS Ratio falls into.


MEX:CDP
73GF Score
COPT Defense Properties MEX:CDP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

COPT Defense Properties 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.

COPT Defense Properties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=531.56/125.59
=4.23

* 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.

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

For example, COPT Defense Properties'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)
=31.651/330.2130*330.2130
=31.651

Current CPI (Mar. 2026) = 330.2130.

COPT Defense Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 28.618 241.018 39.209
201609 29.071 241.428 39.762
201612 30.673 241.432 41.952
201703 26.706 243.801 36.172
201706 27.595 244.955 37.200
201709 28.708 246.819 38.408
201712 32.452 246.524 43.469
201803 27.927 249.554 36.953
201806 28.294 251.989 37.077
201809 24.528 252.439 32.085
201812 25.033 251.233 32.903
201903 26.213 254.202 34.051
201906 29.733 256.143 38.331
201909 28.117 256.759 36.161
201912 21.604 256.974 27.761
202003 30.534 258.115 39.063
202006 29.804 257.797 38.176
202009 30.578 260.280 38.794
202012 24.306 260.474 30.814
202103 28.205 264.877 35.162
202106 27.840 271.696 33.836
202109 30.509 274.310 36.727
202112 33.880 278.802 40.127
202203 34.573 287.504 39.709
202206 33.175 296.311 36.971
202209 32.593 296.808 36.261
202212 30.334 296.797 33.749
202303 26.807 301.836 29.327
202306 25.744 305.109 27.862
202309 26.169 307.789 28.076
202312 27.190 306.746 29.270
202403 28.450 312.332 30.079
202406 30.431 314.175 31.984
202409 32.970 315.301 34.529
202412 33.837 315.605 35.403
202503 34.003 319.799 35.110
202506 31.583 322.561 32.332
202509 30.598 324.800 31.108
202512 31.121 324.054 31.712
202603 31.651 330.213 31.651

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 4.23 mean?
COPT Defense Properties (MEX:CDP) has a Cyclically Adjusted PS Ratio of 4.23 as of Jul. 07, 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 COPT Defense Properties and its competitors. This is 14% above median its historical median of 3.72. Over the past decade, COPT Defense Properties' Cyclically Adjusted PS Ratio has ranged from 2.33 to 5.21. According to the industry distribution chart, COPT Defense Properties ranks #244 out of 556 companies in the REITs industry, placing it in the top 43.9%.
Is COPT Defense Properties' Cyclically Adjusted PS Ratio too high?
COPT Defense Properties' current Cyclically Adjusted PS Ratio of 4.23 is 14% above median its 10-year median of 3.72. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 5.21. The REITs industry median Cyclically Adjusted PS Ratio is 5.91. COPT Defense Properties' value of 4.23 is 28.4% below this industry median. Based on the distribution chart, COPT Defense Properties ranks #244 out of 556 companies in the REITs industry, which is above the industry midpoint. Overall, COPT Defense Properties has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does COPT Defense Properties' Cyclically Adjusted PS Ratio compare to KRC and SLG?
According to the REITs industry distribution chart, COPT Defense Properties ranks #244 out of 556 companies for Cyclically Adjusted PS Ratio. This puts COPT Defense Properties in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.91. COPT Defense Properties' value of 4.23 is 28.4% below this benchmark. Historically, COPT Defense Properties' own Cyclically Adjusted PS Ratio has ranged from 2.33 to 5.21 over the past decade. While the company's 10-year median is 3.72 vs. the industry median of 5.91, COPT Defense Properties 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 5.91, based on 556 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. COPT Defense Properties's current Cyclically Adjusted PS Ratio of 4.23 is 28.4% 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 COPT Defense Properties 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. COPT Defense Properties's current Cyclically Adjusted PS Ratio is 4.23, which is 14% above median its own 10-year median of 3.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COPT Defense Properties stock overvalued right now?
COPT Defense Properties (MEX:CDP) has a current Cyclically Adjusted PS Ratio of 4.23. The stock's GF Value™ is MXN407.19, compared to a current price of MXN531.56 — trading 30.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.23, which is 14% above median its 10-year median of 3.72 and 28.4% below the REITs industry median of 5.91. COPT Defense Properties' overall GF Score™ is 73/100 with 11 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 COPT Defense Properties (MEX:CDP), the current Cyclically Adjusted PS Ratio is 4.23 as of Jul. 07, 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 COPT Defense Properties (MEX:CDP) Overvalued in 2026?

Based on GuruFocus' analysis, COPT Defense Properties stock appears to be overvalued. The current stock price of MXN531.56 is trading 30.5% above its estimated GF Value™ of MXN407.19.

Key valuation signals for MEX:CDP:

  • Cyclically Adjusted PS Ratio: 4.23 (14% above median its 10-year median of 3.72)
  • GF Value™: MXN407.19 vs. price of MXN531.56 (30.5% above fair value)
  • GF Score™: 73/100 with 11 warning signs
  • Industry Position: 28.4% below the REITs median (#244 of 556)

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


COPT Defense Properties Business Description

Industry Real EstateREITs
Other Exchanges CDP:USA
Address 6711 Columbia Gateway Drive, Suite 300, Columbia, MD, USA, 21046
COPT Defense Properties is a fully-integrated and self-managed real estate investment trust (REIT) focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (USG) defense installations and missions. The company has two reportable segments: Defense/IT Portfolio; and Other. Defense/IT Portfolio includes sub-segments such as: Fort George G. Meade and the Baltimore/Washington Corridor (Fort Meade/BW Corridor); Redstone Arsenal in Huntsville, Alabama; Northern Virginia Defense/IT Locations (NoVA Defense/IT); Lackland Air Force Base in San Antonio, Texas; locations serving the U.S. Navy (Navy Support); and data center shells in Northern Virginia.
73GF Score

Get the complete analysis for MEX:CDP

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

MXN531.56
Price
MXN407.19
GF Value