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Orix JreitTSE:8954 +0.81%71 Cyclically Adjusted PS Ratio is 10.11 as of Aug. 13, 2026, which is 0% above its 10-year median of 10.06. GuruFocus rates TSE:8954 with a GF Score™ of 71/100 and a GF Value™ of 円101,786.55 (Fairly Valued). The stock has 9 warning signs investors should review. Among 546 REITs companies, Orix Jreit ranks worse than 83.88% on this metric.
The historical rank and industry rank for Orix Jreit's Cyclically Adjusted PS Ratio or its related term are showing as below:
TSE:8954'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.06 Med: 10.06 Max: 14.07
Current: 10.03
During the past 13 years, Orix Jreit's highest Cyclically Adjusted PS Ratio was 14.07. The lowest was 6.06. And the median was 10.06.
TSE:8954's Cyclically Adjusted PS Ratio is ranked worse than 83.88% of 546
companies
in the REITs industry
Industry Median: 5.78
vs TSE:8954: 10.03
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.
Orix Jreit's adjusted revenue per share data of for the fiscal year that ended in Aug25 was 円9,794.022. 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 円9,870.65 for the trailing ten years ended in Aug25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Orix Jreit (TSE:8954) 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.
Orix Jreit Cyclically Adjusted PS Ratio Related Terms
Orix Jreit Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Orix Jreit'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.
TSE:8954 vs BXP, ARE, VNO: Cyclically Adjusted PS Ratio Comparison
For the REIT - Office subindustry, Orix Jreit'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.
Orix Jreit Cyclically Adjusted PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Orix Jreit's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Orix Jreit's Cyclically Adjusted PS Ratio falls into.
Orix Jreit 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.
Orix Jreit's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 10.11 mean?
Orix Jreit (TSE:8954) has a Cyclically Adjusted PS Ratio of 10.11 as of Aug. 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 Orix Jreit and its competitors. This is near median its historical median of 10.06. Over the past decade, Orix Jreit's Cyclically Adjusted PS Ratio has ranged from 6.06 to 14.07. According to the industry distribution chart, Orix Jreit ranks #458 out of 546 companies in the REITs industry, placing it in the top 83.9%.
Is Orix Jreit's Cyclically Adjusted PS Ratio too high?
Orix Jreit's current Cyclically Adjusted PS Ratio of 10.11 is near median its 10-year median of 10.06. Over the past 10 years, this metric has ranged from a low of 6.06 to a high of 14.07. The REITs industry median Cyclically Adjusted PS Ratio is 5.78. Orix Jreit's value of 10.11 is 74.9% above this industry median. Based on the distribution chart, Orix Jreit ranks #458 out of 546 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Orix Jreit has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Orix Jreit's Cyclically Adjusted PS Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Orix Jreit ranks #458 out of 546 companies for Cyclically Adjusted PS Ratio. This places Orix Jreit in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.78. Orix Jreit's value of 10.11 is 74.9% above this benchmark. Historically, Orix Jreit's own Cyclically Adjusted PS Ratio has ranged from 6.06 to 14.07 over the past decade. While the company's 10-year median is 10.06 vs. the industry median of 5.78, Orix Jreit has consistently been above 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 5.78, based on 546 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. Orix Jreit's current Cyclically Adjusted PS Ratio of 10.11 is 74.9% above 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 Orix Jreit and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orix Jreit's current Cyclically Adjusted PS Ratio is 10.11, which is near median its own 10-year median of 10.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orix Jreit stock overvalued right now?
Based on GuruFocus' analysis, Orix Jreit (TSE:8954) is currently considered Fairly Valued. The stock's GF Value™ is 円101,786.55, compared to a current price of 円99,800.00 — trading 2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.11, which is near median its 10-year median of 10.06 and 74.9% above the REITs industry median of 5.78. Orix Jreit's overall GF Score™ is 71/100 with 9 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 Orix Jreit (TSE:8954), the current Cyclically Adjusted PS Ratio is 10.11 as of Aug. 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 Orix Jreit (TSE:8954) Overvalued in 2026?
Based on GuruFocus' analysis, Orix Jreit stock appears to be undervalued.
The current stock price of 円99,800.00 is trading 2% below its estimated GF Value™ of 円101,786.55.
GuruFocus considers Orix Jreit to be Fairly Valued.
Key valuation signals for TSE:8954:
Cyclically Adjusted PS Ratio: 10.11 (near median its 10-year median of 10.06)
GF Value™: 円101,786.55 vs. price of 円99,800.00 (2% below fair value)
Industry Position: 74.9% above the REITs median (#458 of 546)
No single metric tells the full story. See the TSE:8954 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Orix Jreit Inc is a real estate investment trust engaged in the acquisition, ownership, and leasing of properties throughout Japan. In terms of asset acquisition price, the majority of the company's real estate portfolio comprises office buildings. Retail facilities and residential properties together also make up a considerable percentage of this portfolio. Orix JREIT's real estate assets are mostly located in the Greater Tokyo area, with those in the Central Wards of Tokyo representing the geographic segment in terms of property acquisition price. The company derives nearly all of its income in the form of rental revenue from tenants.
71GF Score
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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