Real Fastigheter AB (NGM:REAL) Cyclically Adjusted PS Ratio: 0.05 (As of Jul. 13, 2026) — Near Median


NGM:REAL Real Fastigheter AB NGM:REAL
66 GF Score
Price kr9.95
GF Value kr10.19
Valuation Fairly Valued
! 6 Warning Signs
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What is Real Fastigheter AB Cyclically Adjusted PS Ratio?

Real Fastigheter AB NGM:REAL +0.51% 66 Cyclically Adjusted PS Ratio is 0.05 as of Jul. 13, 2026, which is at its 10-year median of 0.05. GuruFocus rates NGM:REAL with a GF Score™ of 66/100 and a GF Value™ of kr10.19 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,360 Real Estate companies, Real Fastigheter AB ranks better than 96.99% on this metric.

As of today (2026-07-13), Real Fastigheter AB's current share price is kr9.95. Real Fastigheter AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr191.81. Real Fastigheter AB's Cyclically Adjusted PS Ratio for today is 0.05.

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

NGM:REAL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.05   Max: 0.06
Current: 0.05

During the past years, Real Fastigheter AB's highest Cyclically Adjusted PS Ratio was 0.06. The lowest was 0.04. And the median was 0.05.

NGM:REAL's Cyclically Adjusted PS Ratio is ranked better than
96.99% of 1360 companies
in the Real Estate industry
Industry Median: 1.845 vs NGM:REAL: 0.05

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.

Real Fastigheter AB's adjusted revenue per share data for the three months ended in Mar. 2026 was kr1.529. 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 kr191.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Real Fastigheter AB  (NGM:REAL) 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.


Real Fastigheter AB Cyclically Adjusted PS Ratio Related Terms


Real Fastigheter AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Real Fastigheter AB'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.

Real Fastigheter AB Cyclically Adjusted PS Ratio Chart

Real Fastigheter AB 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 0.00 0.05

Real Fastigheter AB 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 0.04 0.04 0.04 0.05 0.05

NGM:REAL vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Real Fastigheter AB'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.


Real Fastigheter AB Cyclically Adjusted PS Ratio vs Real Estate Industry

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

* The bar in red indicates where Real Fastigheter AB's Cyclically Adjusted PS Ratio falls into.


NGM:REAL
66GF Score
Real Fastigheter AB NGM:REAL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Real Fastigheter AB 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.

Real Fastigheter AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.95/191.81
=0.05

* 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.

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

For example, Real Fastigheter AB'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)
=1.529/133.5600*133.5600
=1.529

Current CPI (Mar. 2026) = 133.5600.

Real Fastigheter AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 126.316 101.019 167.005
201609 142.105 101.138 187.661
201612 262.791 102.022 344.029
201703 306.667 102.022 401.469
201706 174.468 102.752 226.778
201709 127.451 103.279 164.819
201712 131.373 103.793 169.050
201803 24.189 103.962 31.076
201806 15.467 104.875 19.698
201809 16.095 105.679 20.341
201812 14.752 105.912 18.603
201903 16.057 105.886 20.254
201906 25.157 106.742 31.478
201909 25.367 107.214 31.601
201912 14.883 107.766 18.445
202003 26.415 106.563 33.107
202006 1.026 107.498 1.275
202009 0.998 107.635 1.238
202012 1.009 108.296 1.244
202103 1.122 108.360 1.383
202106 1.026 108.928 1.258
202109 1.093 110.338 1.323
202112 1.285 112.486 1.526
202203 1.258 114.825 1.463
202206 1.121 118.384 1.265
202209 1.122 122.296 1.225
202212 1.198 126.365 1.266
202303 1.300 127.042 1.367
202306 1.297 129.407 1.339
202309 1.280 130.224 1.313
202312 1.371 131.912 1.388
202403 1.435 132.205 1.450
202406 1.408 132.716 1.417
202409 1.310 132.304 1.322
202412 1.391 132.987 1.397
202503 1.556 132.825 1.565
202506 1.448 133.699 1.446
202509 1.327 133.480 1.328
202512 1.367 133.390 1.369
202603 1.529 133.560 1.529

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 0.05 mean?
Real Fastigheter AB (NGM:REAL) has a Cyclically Adjusted PS Ratio of 0.05 as of Jul. 13, 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 Real Fastigheter AB and its competitors. This is near median its historical median of 0.05. Over the past decade, Real Fastigheter AB's Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.06. According to the industry distribution chart, Real Fastigheter AB ranks #41 out of 1360 companies in the Real Estate industry, placing it in the top 3%.
Is Real Fastigheter AB's Cyclically Adjusted PS Ratio too high?
Real Fastigheter AB's current Cyclically Adjusted PS Ratio of 0.05 is near median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.06. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.85. Real Fastigheter AB's value of 0.05 is 97.3% below this industry median. Based on the distribution chart, Real Fastigheter AB ranks #41 out of 1360 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Real Fastigheter AB has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Real Fastigheter AB's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Real Fastigheter AB ranks #41 out of 1360 companies for Cyclically Adjusted PS Ratio. This places Real Fastigheter AB in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.85. Real Fastigheter AB's value of 0.05 is 97.3% below this benchmark. Historically, Real Fastigheter AB's own Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.06 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 1.85, Real Fastigheter AB 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.85, based on 1,360 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. Real Fastigheter AB's current Cyclically Adjusted PS Ratio of 0.05 is 97.3% 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 Real Fastigheter AB and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Real Fastigheter AB's current Cyclically Adjusted PS Ratio is 0.05, which is near median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Fastigheter AB stock overvalued right now?
Based on GuruFocus' analysis, Real Fastigheter AB (NGM:REAL) is currently considered Fairly Valued. The stock's GF Value™ is kr10.19, compared to a current price of kr9.95 — trading 2.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.05, which is near median its 10-year median of 0.05 and 97.3% below the Real Estate industry median of 1.85. Real Fastigheter AB's overall GF Score™ is 66/100 with 6 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 Real Fastigheter AB (NGM:REAL), the current Cyclically Adjusted PS Ratio is 0.05 as of Jul. 13, 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 Real Fastigheter AB (NGM:REAL) Overvalued in 2026?

Based on GuruFocus' analysis, Real Fastigheter AB stock appears to be undervalued. The current stock price of kr9.95 is trading 2.4% below its estimated GF Value™ of kr10.19. GuruFocus considers Real Fastigheter AB to be Fairly Valued.

Key valuation signals for NGM:REAL:

  • Cyclically Adjusted PS Ratio: 0.05 (near median its 10-year median of 0.05)
  • GF Value™: kr10.19 vs. price of kr9.95 (2.4% below fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 97.3% below the Real Estate median (#41 of 1360)

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


Real Fastigheter AB Business Description

Address Forumvagen 14, Nacka, SWE, 131 53
Real Fastigheter AB acquires, owns, and manages real estate properties in Sweden. The company business is diversified into segments such as manufacturing, light industry, warehousing, and logistics. Its project portfolio includes Habo, Torsas, Landskrona, Anderstorp Tora, Gislaved, Karlskrona, Tranas and others.
66GF Score

Get the complete analysis for NGM:REAL

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

kr9.95
Price
kr10.19
GF Value