CapitaLand Ascendas REIT (STU:S3Z) Cyclically Adjusted PS Ratio: (As of Sep. 04, 2026)

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STU:S3Z CapitaLand Ascendas REIT STU:S3Z
59 GF Score
Price €1.56
GF Value €1.80
Valuation Modestly Undervalued
! 9 Warning Signs
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What is CapitaLand Ascendas REIT Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


CapitaLand Ascendas REIT  (STU:S3Z) 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.


CapitaLand Ascendas REIT Cyclically Adjusted PS Ratio Related Terms


CapitaLand Ascendas REIT Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CapitaLand Ascendas 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.

CapitaLand Ascendas REIT Cyclically Adjusted PS Ratio Chart

CapitaLand Ascendas REIT Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.53 8.28 8.84 7.22 7.82

CapitaLand Ascendas REIT Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 7.22 0.00 7.82 0.00

STU:S3Z vs PLD, PSA, EXR: Cyclically Adjusted PS Ratio Comparison

For the REIT - Industrial subindustry, CapitaLand Ascendas 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.


CapitaLand Ascendas REIT Cyclically Adjusted PS Ratio vs REITs Industry

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

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


STU:S3Z
59GF Score
CapitaLand Ascendas REIT STU:S3Z
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CapitaLand Ascendas 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.

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

For example, CapitaLand Ascendas 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)
=0.225/324.0540*324.0540
=0.225

Current CPI (Dec25) = 324.0540.

CapitaLand Ascendas REIT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.187 238.132 0.254
201703 0.194 243.801 0.258
201803 0.178 249.554 0.231
201903 0.187 254.202 0.238
202012 0.173 260.474 0.215
202112 0.193 278.802 0.224
202212 0.225 296.797 0.246
202312 0.236 306.746 0.249
202412 0.245 315.605 0.252
202512 0.225 324.054 0.225

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 CapitaLand Ascendas REIT (STU:S3Z) Overvalued in 2026?

Based on GuruFocus' analysis, CapitaLand Ascendas REIT stock appears to be undervalued. The current stock price of €1.56 is trading 13.3% below its estimated GF Value™ of €1.80. GuruFocus considers CapitaLand Ascendas REIT to be Modestly Undervalued.

Key valuation signals for STU:S3Z:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €1.80 vs. price of €1.56 (13.3% below fair value)
  • GF Score™: 59/100 with 9 warning signs

No single metric tells the full story. See the STU:S3Z stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CapitaLand Ascendas REIT Business Description

Industry Real EstateREITs
Other Exchanges ACDSF:USAA17U:Singapore
Address 168 Robinson Road, No. 30-01 Capital Tower, Singapore, SGP, 068912
CapitaLand Ascendas REIT is a real estate investment trust focusing on the industrial and business space. As of Dec. 31, 2025, it held a SGD 18.2 billion portfolio of 222 properties across Singapore, Australia, Europe, and the US. The property types encompass business and science parks, high-specification industrial properties, data centers, light industrial properties, and logistics and distribution centers. The trust is externally managed by Ascendas Funds Management, a subsidiary of CapitaLand Investment, which owns a 17.5% stake in the trust.
59GF Score

Get the complete analysis for STU:S3Z

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

€1.56
Price
€1.80
GF Value