MPCMF (Mapletree Pan Asia Commercial Trust) Cyclically Adjusted PS Ratio: 6.66 (As of Jul. 04, 2026) — 18% Below Median


MPCMF Mapletree Pan Asia Commercial Trust MPCMF
53 GF Score
Price $1.00
GF Value $0.96
Valuation Fairly Valued
! 7 Warning Signs
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What is Mapletree Pan Asia Commercial Trust Cyclically Adjusted PS Ratio?

Mapletree Pan Asia Commercial Trust MPCMF 53 Cyclically Adjusted PS Ratio is 6.66 as of Jul. 04, 2026, which is 18% below its 10-year median of 8.11. GuruFocus rates MPCMF with a GF Score™ of 53/100 and a GF Value™ of $0.96 (Fairly Valued). The stock has 7 warning signs investors should review. Among 557 REITs companies, Mapletree Pan Asia Commercial Trust ranks worse than 59.61% on this metric.

As of today (2026-07-04), Mapletree Pan Asia Commercial Trust's current share price is $0.9984. Mapletree Pan Asia Commercial Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.15. Mapletree Pan Asia Commercial Trust's Cyclically Adjusted PS Ratio for today is 6.66.

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

MPCMF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.33   Med: 8.11   Max: 13.33
Current: 7.07

During the past years, Mapletree Pan Asia Commercial Trust's highest Cyclically Adjusted PS Ratio was 13.33. The lowest was 6.33. And the median was 8.11.

MPCMF's Cyclically Adjusted PS Ratio is ranked worse than
59.61% of 557 companies
in the REITs industry
Industry Median: 5.88 vs MPCMF: 7.07

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 Pan Asia Commercial Trust's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.029. 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 $0.15 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mapletree Pan Asia Commercial Trust  (OTCPK:MPCMF) 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 Pan Asia Commercial Trust Cyclically Adjusted PS Ratio Related Terms


Mapletree Pan Asia Commercial Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mapletree Pan Asia Commercial 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 Pan Asia Commercial Trust Cyclically Adjusted PS Ratio Chart

Mapletree Pan Asia Commercial 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 12.02 10.77 7.30 6.99 7.23

Mapletree Pan Asia Commercial Trust Quarterly Data
Mar21 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 6.99 7.01 7.94 8.17 7.23

MPCMF vs BXP, ARE, VNO: Cyclically Adjusted PS Ratio Comparison

For the REIT - Office subindustry, Mapletree Pan Asia Commercial 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 Pan Asia Commercial Trust Cyclically Adjusted PS Ratio vs REITs Industry

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

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


MPCMF
53GF Score
Mapletree Pan Asia Commercial Trust MPCMF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mapletree Pan Asia Commercial 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 Pan Asia Commercial Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.9984/0.15
=6.66

* 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 Pan Asia Commercial Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Mapletree Pan Asia Commercial 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)
=0.029/330.2130*330.2130
=0.029

Current CPI (Mar. 2026) = 330.2130.

Mapletree Pan Asia Commercial Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201509 0.024 237.945 0.033
201512 0.024 236.525 0.034
201603 0.021 238.132 0.029
201606 0.025 241.018 0.034
201609 0.026 241.428 0.036
201612 0.026 241.432 0.036
201703 0.023 243.801 0.031
201706 0.027 244.955 0.036
201709 0.028 246.819 0.037
201712 0.028 246.524 0.038
201803 0.024 249.554 0.032
201806 0.028 251.989 0.037
201809 0.028 252.439 0.037
201812 0.028 251.233 0.037
201903 0.024 254.202 0.031
201906 0.028 256.143 0.036
201909 0.028 256.759 0.036
201912 0.031 256.974 0.040
202003 0.024 258.115 0.031
202009 0.000 260.280 0.000
202103 0.000 264.877 0.000
202109 0.000 274.310 0.000
202112 0.028 278.802 0.033
202203 0.027 287.504 0.031
202206 0.028 296.311 0.031
202209 0.031 296.808 0.034
202212 0.032 296.797 0.036
202303 0.035 301.836 0.038
202306 0.031 305.109 0.034
202309 0.031 307.789 0.033
202312 0.032 306.746 0.034
202403 0.032 312.332 0.034
202406 0.031 314.175 0.033
202409 0.031 315.301 0.032
202412 0.029 315.605 0.030
202503 0.029 319.799 0.030
202506 0.030 322.561 0.031
202509 0.030 324.800 0.030
202512 0.030 324.054 0.031
202603 0.029 330.213 0.029

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 6.66 mean?
Mapletree Pan Asia Commercial Trust (MPCMF) has a Cyclically Adjusted PS Ratio of 6.66 as of Jul. 04, 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 Pan Asia Commercial Trust and its competitors. This is 18% below median its historical median of 8.11. Over the past decade, Mapletree Pan Asia Commercial Trust's Cyclically Adjusted PS Ratio has ranged from 6.33 to 13.33. According to the industry distribution chart, Mapletree Pan Asia Commercial Trust ranks #332 out of 557 companies in the REITs industry, placing it in the top 59.6%.
Is Mapletree Pan Asia Commercial Trust's Cyclically Adjusted PS Ratio too high?
Mapletree Pan Asia Commercial Trust's current Cyclically Adjusted PS Ratio of 6.66 is 18% below median its 10-year median of 8.11. Over the past 10 years, this metric has ranged from a low of 6.33 to a high of 13.33. The REITs industry median Cyclically Adjusted PS Ratio is 5.88. Mapletree Pan Asia Commercial Trust's value of 6.66 is 13.3% above this industry median. Based on the distribution chart, Mapletree Pan Asia Commercial Trust ranks #332 out of 557 companies in the REITs industry, which is below the industry midpoint. Overall, Mapletree Pan Asia Commercial Trust has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mapletree Pan Asia Commercial Trust's Cyclically Adjusted PS Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Mapletree Pan Asia Commercial Trust ranks #332 out of 557 companies for Cyclically Adjusted PS Ratio. This places Mapletree Pan Asia Commercial Trust in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.88. Mapletree Pan Asia Commercial Trust's value of 6.66 is 13.3% above this benchmark. Historically, Mapletree Pan Asia Commercial Trust's own Cyclically Adjusted PS Ratio has ranged from 6.33 to 13.33 over the past decade. While the company's 10-year median is 8.11 vs. the industry median of 5.88, Mapletree Pan Asia Commercial 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 5.88, based on 557 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 Pan Asia Commercial Trust's current Cyclically Adjusted PS Ratio of 6.66 is 13.3% 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 Pan Asia Commercial Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mapletree Pan Asia Commercial Trust's current Cyclically Adjusted PS Ratio is 6.66, which is 18% below median its own 10-year median of 8.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mapletree Pan Asia Commercial Trust stock overvalued right now?
Based on GuruFocus' analysis, Mapletree Pan Asia Commercial Trust (MPCMF) is currently considered Fairly Valued. The stock's GF Value™ is $0.96, compared to a current price of $1.00 — trading 4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.66, which is 18% below median its 10-year median of 8.11 and 13.3% above the REITs industry median of 5.88. Mapletree Pan Asia Commercial Trust's overall GF Score™ is 53/100 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 Pan Asia Commercial Trust (MPCMF), the current Cyclically Adjusted PS Ratio is 6.66 as of Jul. 04, 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 Pan Asia Commercial Trust (MPCMF) Overvalued in 2026?

Based on GuruFocus' analysis, Mapletree Pan Asia Commercial Trust stock appears to be overvalued. The current stock price of $1.00 is trading 4% above its estimated GF Value™ of $0.96. GuruFocus considers Mapletree Pan Asia Commercial Trust to be Fairly Valued.

Key valuation signals for MPCMF:

  • Cyclically Adjusted PS Ratio: 6.66 (18% below median its 10-year median of 8.11)
  • GF Value™: $0.96 vs. price of $1.00 (4% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 13.3% above the REITs median (#332 of 557)

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


Mapletree Pan Asia Commercial Trust Business Description

Industry Real EstateREITs
Other Exchanges N2IU:SingaporeBI0:Germany
Address 10-80 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Pan Asia Commercial Trust was established in July 2022 as a result of the merger between Mapletree Commercial Trust and Mapletree North Asia Commercial Trust. The trust has a diversified portfolio of 15 properties, which includes business parks, offices and retail malls across Singapore, Hong Kong, China, Japan, and South Korea. The trust is externally managed by MPACT Management, a subsidiary of its sponsor, which owns around a 57% stake in the trust.
53GF Score

Get the complete analysis for MPCMF

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

$1.00
Price
$0.96
GF Value