RYN (Rayonier) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

RYN Rayonier Inc RYN
80 GF Score
Price $20.14
GF Value $26.64
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Rayonier Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Rayonier  (NYSE:RYN) 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.


Rayonier Cyclically Adjusted PS Ratio Related Terms


Rayonier Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Rayonier'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.

Rayonier Cyclically Adjusted PS Ratio Chart

Rayonier 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 5.99 5.31 5.20 3.95 3.33

Rayonier Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.16 3.78 3.13 2.94 3.07

RYN vs OUT, EPR, FRMI: Cyclically Adjusted PS Ratio Comparison

For the REIT - Specialty subindustry, Rayonier'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.


Rayonier Cyclically Adjusted PS Ratio vs REITs Industry

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

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


RYN
80GF Score
Rayonier Inc RYN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Rayonier 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.

Rayonier's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Rayonier's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.309/333.9520*333.9520
=1.309

Current CPI (Jun. 2026) = 333.9520.

Rayonier Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.392 241.428 1.925
201612 1.799 241.432 2.488
201703 1.564 243.801 2.142
201706 1.545 244.955 2.106
201709 1.418 246.819 1.919
201712 2.018 246.524 2.734
201803 1.557 249.554 2.084
201806 1.893 251.989 2.509
201809 1.554 252.439 2.056
201812 1.279 251.233 1.700
201903 1.473 254.202 1.935
201906 1.427 256.143 1.860
201909 1.215 256.759 1.580
201912 1.387 256.974 1.802
202003 2.004 258.115 2.593
202006 1.425 257.797 1.846
202009 1.453 260.280 1.864
202012 1.454 260.474 1.864
202103 0.013 264.877 0.016
202106 0.005 271.696 0.006
202109 2.491 274.310 3.033
202112 1.769 278.802 2.119
202203 1.527 287.504 1.774
202206 1.684 296.311 1.898
202209 1.300 296.808 1.463
202212 1.630 296.797 1.834
202303 1.185 301.836 1.311
202306 1.384 305.109 1.515
202309 1.335 307.789 1.448
202312 3.092 306.746 3.366
202403 0.765 312.332 0.818
202406 0.669 314.175 0.711
202409 0.820 315.301 0.869
202412 4.212 315.605 4.457
202503 0.540 319.799 0.564
202506 0.675 322.561 0.699
202509 1.135 324.800 1.167
202512 0.725 324.054 0.747
202603 1.081 330.213 1.093
202606 1.309 333.952 1.309

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.

Is Rayonier (RYN) Overvalued in 2026?

Based on GuruFocus' analysis, Rayonier stock appears to be undervalued. The current stock price of $20.14 is trading 24.4% below its estimated GF Value™ of $26.64. GuruFocus considers Rayonier to be Modestly Undervalued.

Key valuation signals for RYN:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $26.64 vs. price of $20.14 (24.4% below fair value)
  • GF Score™: 80/100 with 7 warning signs

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


Rayonier Business Description

Industry Real EstateREITs
Other Exchanges RA6:Germany
Address 1 Rayonier Way, Wildlight, FL, USA, 32097
Rayonier Inc is a timberland real estate investment trust engaged in the ownership, management, and investment of timberlands. The company operates through Southern Timber, Pacific Northwest Timber, and Real Estate segments. The Southern Timber and Pacific Northwest Timber segments are involved in harvesting timber and related activities, as well as value-added services such as licensing properties for hunting, leasing land for mineral extraction and communication infrastructure, land-based solutions including carbon capture and solar energy, and log trading. The Real Estate segment is engaged in land sales across various categories, as well as residential and commercial leasing activities. It generates the majority of its revenue from the Southern Timber segment.
80GF Score

Get the complete analysis for RYN

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

$20.14
Price
$26.64
GF Value