SRRTF (Slate Grocery REIT) Cyclically Adjusted PS Ratio: 3.68 (As of Jul. 19, 2026) — 19% Above Median

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SRRTF Slate Grocery REIT SRRTF
71 GF Score
Price $12.51
GF Value $10.98
Valuation Modestly Overvalued
! 14 Warning Signs
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What is Slate Grocery REIT Cyclically Adjusted PS Ratio?

Slate Grocery REIT SRRTF +0.29% 71 Cyclically Adjusted PS Ratio is 3.68 as of Jul. 19, 2026, which is 19% above its 10-year median of 3.10. GuruFocus rates SRRTF with a GF Score™ of 71/100 and a GF Value™ of $10.98 (Modestly Overvalued). The stock has 14 warning signs investors should review. Among 553 REITs companies, Slate Grocery REIT ranks better than 69.26% on this metric.

As of today (2026-07-19), Slate Grocery REIT's current share price is $12.51. Slate Grocery REIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $3.40. Slate Grocery REIT's Cyclically Adjusted PS Ratio for today is 3.68.

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

SRRTF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.2   Med: 3.1   Max: 4.51
Current: 3.66

During the past years, Slate Grocery REIT's highest Cyclically Adjusted PS Ratio was 4.51. The lowest was 2.20. And the median was 3.10.

SRRTF's Cyclically Adjusted PS Ratio is ranked better than
69.26% of 553 companies
in the REITs industry
Industry Median: 5.9 vs SRRTF: 3.66

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.

Slate Grocery REIT's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.981. 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 $3.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Slate Grocery REIT  (OTCPK:SRRTF) 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.


Slate Grocery REIT Cyclically Adjusted PS Ratio Related Terms


Slate Grocery REIT Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Slate Grocery 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.

Slate Grocery REIT Cyclically Adjusted PS Ratio Chart

Slate Grocery 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 3.92 3.71 2.67 2.96 3.22

Slate Grocery 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 3.00 3.03 3.05 3.22 3.16

SRRTF vs SPG, O, KIM: Cyclically Adjusted PS Ratio Comparison

For the REIT - Retail subindustry, Slate Grocery 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.


Slate Grocery REIT Cyclically Adjusted PS Ratio vs REITs Industry

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

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


SRRTF
71GF Score
Slate Grocery REIT SRRTF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Slate Grocery 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.

Slate Grocery REIT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.51/3.40
=3.68

* 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.

Slate Grocery REIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Slate Grocery REIT'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)
=0.981/132.2623*132.2623
=0.981

Current CPI (Mar. 2026) = 132.2623.

Slate Grocery REIT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.755 102.002 0.979
201609 0.722 101.765 0.938
201612 0.764 101.449 0.996
201703 0.731 102.634 0.942
201706 0.662 103.029 0.850
201709 0.695 103.345 0.889
201712 0.622 103.345 0.796
201803 0.839 105.004 1.057
201806 0.773 105.557 0.969
201809 0.785 105.636 0.983
201812 0.808 105.399 1.014
201903 0.829 106.979 1.025
201906 0.817 107.690 1.003
201909 0.783 107.611 0.962
201912 0.837 107.769 1.027
202003 0.759 107.927 0.930
202006 0.717 108.401 0.875
202009 0.757 108.164 0.926
202012 0.673 108.559 0.820
202103 0.668 110.298 0.801
202106 0.687 111.720 0.813
202109 0.685 112.905 0.802
202112 0.638 113.774 0.742
202203 0.649 117.646 0.730
202206 0.643 120.806 0.704
202209 0.788 120.648 0.864
202212 0.824 120.964 0.901
202303 0.826 122.702 0.890
202306 0.826 124.203 0.880
202309 0.837 125.230 0.884
202312 0.869 125.072 0.919
202403 0.861 126.258 0.902
202406 0.859 127.522 0.891
202409 0.867 127.285 0.901
202412 0.879 127.364 0.913
202503 0.879 129.181 0.900
202506 0.867 129.892 0.883
202509 0.882 130.287 0.895
202512 0.903 130.366 0.916
202603 0.981 132.262 0.981

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 3.68 mean?
Slate Grocery REIT (SRRTF) has a Cyclically Adjusted PS Ratio of 3.68 as of Jul. 19, 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 Slate Grocery REIT and its competitors. This is 19% above median its historical median of 3.10. Over the past decade, Slate Grocery REIT's Cyclically Adjusted PS Ratio has ranged from 2.20 to 4.51. According to the industry distribution chart, Slate Grocery REIT ranks #170 out of 553 companies in the REITs industry, placing it in the top 30.7%.
Is Slate Grocery REIT's Cyclically Adjusted PS Ratio too high?
Slate Grocery REIT's current Cyclically Adjusted PS Ratio of 3.68 is 19% above median its 10-year median of 3.10. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 4.51. The REITs industry median Cyclically Adjusted PS Ratio is 5.90. Slate Grocery REIT's value of 3.68 is 37.6% below this industry median. Based on the distribution chart, Slate Grocery REIT ranks #170 out of 553 companies in the REITs industry, which is above the industry midpoint. Overall, Slate Grocery REIT has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Slate Grocery REIT's Cyclically Adjusted PS Ratio compare to SPG and O?
According to the REITs industry distribution chart, Slate Grocery REIT ranks #170 out of 553 companies for Cyclically Adjusted PS Ratio. This puts Slate Grocery REIT in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.90. Slate Grocery REIT's value of 3.68 is 37.6% below this benchmark. Historically, Slate Grocery REIT's own Cyclically Adjusted PS Ratio has ranged from 2.20 to 4.51 over the past decade. While the company's 10-year median is 3.10 vs. the industry median of 5.90, Slate Grocery 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 5.90, based on 553 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. Slate Grocery REIT's current Cyclically Adjusted PS Ratio of 3.68 is 37.6% 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 Slate Grocery REIT and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Slate Grocery REIT's current Cyclically Adjusted PS Ratio is 3.68, which is 19% above median its own 10-year median of 3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Slate Grocery REIT stock overvalued right now?
Based on GuruFocus' analysis, Slate Grocery REIT (SRRTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.98, compared to a current price of $12.51 — trading 13.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.68, which is 19% above median its 10-year median of 3.10 and 37.6% below the REITs industry median of 5.90. Slate Grocery REIT's overall GF Score™ is 71/100 with 14 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 Slate Grocery REIT (SRRTF), the current Cyclically Adjusted PS Ratio is 3.68 as of Jul. 19, 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 Slate Grocery REIT (SRRTF) Overvalued in 2026?

Based on GuruFocus' analysis, Slate Grocery REIT stock appears to be overvalued. The current stock price of $12.51 is trading 13.9% above its estimated GF Value™ of $10.98. GuruFocus considers Slate Grocery REIT to be Modestly Overvalued.

Key valuation signals for SRRTF:

  • Cyclically Adjusted PS Ratio: 3.68 (19% above median its 10-year median of 3.10)
  • GF Value™: $10.98 vs. price of $12.51 (13.9% above fair value)
  • GF Score™: 71/100 with 14 warning signs
  • Industry Position: 37.6% below the REITs median (#170 of 553)

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


Slate Grocery REIT Business Description

Industry Real EstateREITs
Other Exchanges SGR.U:CanadaSGR.UN:Canada
Address 121 King Street West, Suite 1600, Toronto, ON, CAN, M5H 3T9
Slate Grocery REIT is an unincorporated, open-ended mutual fund trust focused on acquiring, owning, and leasing a portfolio of diversified revenue-producing commercial real estate properties in the United States of America with an emphasis on grocery-anchored retail properties.
71GF Score

Get the complete analysis for SRRTF

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

$12.51
Price
$10.98
GF Value