MIAPF (Minto Apartment REIT) Cyclically Adjusted PS Ratio: 4.83 (As of Jul. 12, 2026) — 20% Above Median


MIAPF Minto Apartment REIT MIAPF
48 GF Score
Price $12.55
GF Value $11.56
Valuation Fairly Valued
! 9 Warning Signs
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What is Minto Apartment REIT Cyclically Adjusted PS Ratio?

Minto Apartment REIT MIAPF -0.32% 48 Cyclically Adjusted PS Ratio is 4.83 as of Jul. 12, 2026, which is 20% above its 10-year median of 4.03. GuruFocus rates MIAPF with a GF Score™ of 48/100 and a GF Value™ of $11.56 (Fairly Valued). The stock has 9 warning signs investors should review. Among 554 REITs companies, Minto Apartment REIT ranks better than 57.58% on this metric.

As of today (2026-07-12), Minto Apartment REIT's current share price is $12.55. Minto Apartment REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was $2.60. Minto Apartment REIT's Cyclically Adjusted PS Ratio for today is 4.83.

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

MIAPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.77   Med: 4.03   Max: 4.91
Current: 4.91

During the past 11 years, Minto Apartment REIT's highest Cyclically Adjusted PS Ratio was 4.91. The lowest was 3.77. And the median was 4.03.

MIAPF's Cyclically Adjusted PS Ratio is ranked better than
57.58% of 554 companies
in the REITs industry
Industry Median: 5.915 vs MIAPF: 4.91

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.

Minto Apartment REIT's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $3.056. 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 $2.60 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minto Apartment REIT  (OTCPK:MIAPF) 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.


Minto Apartment REIT Cyclically Adjusted PS Ratio Related Terms


Minto Apartment REIT Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Minto Apartment REIT'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.

Minto Apartment REIT Cyclically Adjusted PS Ratio Chart

Minto Apartment REIT 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 0.00 0.00 0.00 3.97 3.78

Minto Apartment REIT 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 0.00 0.00 0.00 3.78 0.00

MIAPF vs AVB, EQR, ESS: Cyclically Adjusted PS Ratio Comparison

For the REIT - Residential subindustry, Minto Apartment REIT'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.


Minto Apartment REIT Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where Minto Apartment REIT's Cyclically Adjusted PS Ratio falls into.


MIAPF
48GF Score
Minto Apartment REIT MIAPF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Minto Apartment REIT 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.

Minto Apartment REIT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.55/2.60
=4.83

* 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.

Minto Apartment REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Minto Apartment REIT's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=3.056/130.3661*130.3661
=3.056

Current CPI (Dec25) = 130.3661.

Minto Apartment REIT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 1.535 101.449 1.973
201712 1.689 103.345 2.131
201812 1.993 105.399 2.465
201912 2.186 107.769 2.644
202012 2.689 108.559 3.229
202112 2.409 113.774 2.760
202212 2.654 120.964 2.860
202312 2.950 125.072 3.075
202412 2.786 127.364 2.852
202512 3.056 130.366 3.056

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 4.83 mean?
Minto Apartment REIT (MIAPF) has a Cyclically Adjusted PS Ratio of 4.83 as of Jul. 12, 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 Minto Apartment REIT and its competitors. This is 20% above median its historical median of 4.03. Over the past decade, Minto Apartment REIT's Cyclically Adjusted PS Ratio has ranged from 3.77 to 4.91. According to the industry distribution chart, Minto Apartment REIT ranks #235 out of 554 companies in the REITs industry, placing it in the top 42.4%.
Is Minto Apartment REIT's Cyclically Adjusted PS Ratio too high?
Minto Apartment REIT's current Cyclically Adjusted PS Ratio of 4.83 is 20% above median its 10-year median of 4.03. Over the past 10 years, this metric has ranged from a low of 3.77 to a high of 4.91. The REITs industry median Cyclically Adjusted PS Ratio is 5.92. Minto Apartment REIT's value of 4.83 is 18.3% below this industry median. Based on the distribution chart, Minto Apartment REIT ranks #235 out of 554 companies in the REITs industry, which is above the industry midpoint. Overall, Minto Apartment REIT has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minto Apartment REIT's Cyclically Adjusted PS Ratio compare to AVB and EQR?
According to the REITs industry distribution chart, Minto Apartment REIT ranks #235 out of 554 companies for Cyclically Adjusted PS Ratio. This puts Minto Apartment REIT in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.92. Minto Apartment REIT's value of 4.83 is 18.3% below this benchmark. Historically, Minto Apartment REIT's own Cyclically Adjusted PS Ratio has ranged from 3.77 to 4.91 over the past decade. While the company's 10-year median is 4.03 vs. the industry median of 5.92, Minto Apartment REIT 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 5.92, based on 554 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. Minto Apartment REIT's current Cyclically Adjusted PS Ratio of 4.83 is 18.3% 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 Minto Apartment REIT and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minto Apartment REIT's current Cyclically Adjusted PS Ratio is 4.83, which is 20% above median its own 10-year median of 4.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minto Apartment REIT stock overvalued right now?
Based on GuruFocus' analysis, Minto Apartment REIT (MIAPF) is currently considered Fairly Valued. The stock's GF Value™ is $11.56, compared to a current price of $12.55 — trading 8.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.83, which is 20% above median its 10-year median of 4.03 and 18.3% below the REITs industry median of 5.92. Minto Apartment REIT's overall GF Score™ is 48/100 with 9 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 Minto Apartment REIT (MIAPF), the current Cyclically Adjusted PS Ratio is 4.83 as of Jul. 12, 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 Minto Apartment REIT (MIAPF) Overvalued in 2026?

Based on GuruFocus' analysis, Minto Apartment REIT stock appears to be overvalued. The current stock price of $12.55 is trading 8.6% above its estimated GF Value™ of $11.56. GuruFocus considers Minto Apartment REIT to be Fairly Valued.

Key valuation signals for MIAPF:

  • Cyclically Adjusted PS Ratio: 4.83 (20% above median its 10-year median of 4.03)
  • GF Value™: $11.56 vs. price of $12.55 (8.6% above fair value)
  • GF Score™: 48/100 with 9 warning signs
  • Industry Position: 18.3% below the REITs median (#235 of 554)

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


Minto Apartment REIT Business Description

Industry Real EstateREITs
Other Exchanges MI.UN:Canada
Address 180 Kent Street, Suite 200, Ottawa, ON, CAN, K1P 0B6
Minto Apartment REIT is an unincorporated, open-ended real estate investment trust. It owns, develops, and operates a portfolio of income-producing multi-residential rental properties located in Canada. Its portfolio consists of interests in multi-residential rental properties, including four mixed-use residential apartments and commercial buildings. The Reit's primary source of revenue is rental revenue.
48GF Score

Get the complete analysis for MIAPF

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

$12.55
Price
$11.56
GF Value