China Merchants Commercial REIT (STU:5C3) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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STU:5C3 China Merchants Commercial REIT STU:5C3
70 GF Score
Price €0.10
GF Value €0.11
! 8 Warning Signs
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What is China Merchants Commercial REIT Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Merchants Commercial REIT  (STU:5C3) 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.


China Merchants Commercial REIT Cyclically Adjusted PS Ratio Related Terms


China Merchants Commercial REIT Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for China Merchants Commercial 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.

China Merchants Commercial REIT Cyclically Adjusted PS Ratio Chart

China Merchants Commercial 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 - - - - 2.77

China Merchants Commercial REIT Semi-Annual Data
Jun18 Dec18 Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 - - - 2.77 2.19

STU:5C3 vs BXP, ARE, VNO: Cyclically Adjusted PS Ratio Comparison

For the REIT - Office subindustry, China Merchants Commercial 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.


China Merchants Commercial REIT Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where China Merchants Commercial REIT's Cyclically Adjusted PS Ratio falls into.


STU:5C3
70GF Score
China Merchants Commercial REIT STU:5C3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Merchants Commercial 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.

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

For example, China Merchants Commercial 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)
=0.048/120.7036*120.7036
=0.048

Current CPI (Dec25) = 120.7036.

China Merchants Commercial REIT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.045 103.225 0.053
201712 0.042 104.984 0.048
201812 0.045 107.622 0.050
201912 0.004 110.700 0.004
202012 0.058 109.711 0.064
202112 0.059 112.349 0.063
202212 0.013 114.548 0.014
202312 0.059 117.296 0.061
202412 0.062 118.945 0.063
202512 0.048 120.704 0.048

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 China Merchants Commercial REIT (STU:5C3) Overvalued in 2026?

Based on GuruFocus' analysis, China Merchants Commercial REIT stock appears to be undervalued. The current stock price of €0.10 is trading 6.6% below its estimated GF Value™ of €0.11.

Key valuation signals for STU:5C3:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €0.11 vs. price of €0.10 (6.6% below fair value)
  • GF Score™: 70/100 with 8 warning signs

No single metric tells the full story. See the STU:5C3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Merchants Commercial REIT Business Description

Industry Real EstateREITs
Other Exchanges 01503:Hong Kong
Address Connaught Road Central, Room 2603-2606, 26th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG, 168-200
China Merchants Commercial REIT and its subsidiaries are engaged in the property investment. The operating business segments of the company are office buildings and shopping center. Its properties include New Times Plaza, Cyberport Building, Technology Building, Garden City Shopping Centre ,Onward Science And Trade Center and Technology Building 2 among others.
70GF Score

Get the complete analysis for STU:5C3

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

€0.10
Price
€0.11
GF Value