Mori Trust Reit (TSE:8961) Cyclically Adjusted PS Ratio: 10.17 (As of Aug. 05, 2026)

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TSE:8961 Mori Trust Reit Inc TSE:8961
12 GF Score
Price 円74,800.00
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What is Mori Trust Reit Cyclically Adjusted PS Ratio?

Mori Trust Reit TSE:8961 -0.66% 12 Cyclically Adjusted PS Ratio is 10.17 as of Aug. 05, 2026. GuruFocus rates TSE:8961 with a GF Score™ of 12/100.

As of today (2026-08-05), Mori Trust Reit's current share price is 円74800.00. Mori Trust Reit's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep22 was 円7,355.45. Mori Trust Reit's Cyclically Adjusted PS Ratio for today is 10.17.

The historical rank and industry rank for Mori Trust Reit's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:8961's Cyclically Adjusted PS Ratio is not ranked *
in the REITs industry.
Industry Median: 5.85
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Mori Trust Reit's adjusted revenue per share data of for the fiscal year that ended in Sep22 was 円5,844.974. 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7,355.45 for the trailing ten years ended in Sep22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mori Trust Reit  (TSE:8961) 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.


Mori Trust Reit Cyclically Adjusted PS Ratio Related Terms


Mori Trust Reit Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mori Trust 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.

Mori Trust Reit Cyclically Adjusted PS Ratio Chart

Mori Trust Reit Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.55 12.82 8.95 10.07 9.36

Mori Trust Reit Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Aug23 Feb24 Aug24
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 9.36 0.00 0.00 0.00

TSE:8961 vs ARE, BXP, VNO: Cyclically Adjusted PS Ratio Comparison

For the REIT - Office subindustry, Mori Trust 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.


Mori Trust Reit Cyclically Adjusted PS Ratio vs REITs Industry

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

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


TSE:8961
12GF Score
Mori Trust Reit Inc TSE:8961
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mori Trust 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.

Mori Trust Reit's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=74800.00/7355.45
=10.17

* 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.

Mori Trust Reit's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep22 is calculated as:

For example, Mori Trust Reit's adjusted Revenue per Share data for the fiscal year that ended in Sep22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep22 (Change)*Current CPI (Sep22)
=5844.974/103.1000*103.1000
=5,844.974

Current CPI (Sep22) = 103.1000.

Mori Trust Reit Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201309 7,080.067 95.400 7,651.519
201409 6,756.227 98.500 7,071.746
201509 9,898.726 98.500 10,361.002
201609 6,521.718 98.000 6,861.114
201709 7,756.085 98.800 8,093.647
201809 6,631.091 99.900 6,843.498
201909 6,668.081 100.100 6,867.924
202009 6,724.192 99.900 6,939.582
202109 6,815.264 100.100 7,019.518
202209 5,844.974 103.100 5,844.974

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 10.17 mean?
Mori Trust Reit (TSE:8961) has a Cyclically Adjusted PS Ratio of 10.17 as of Aug. 05, 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 Mori Trust Reit and its competitors.
Is Mori Trust Reit's Cyclically Adjusted PS Ratio too high?
Mori Trust Reit's current Cyclically Adjusted PS Ratio is 10.17. The REITs industry median Cyclically Adjusted PS Ratio is 5.85. Mori Trust Reit's value of 10.17 is 73.8% above this industry median. Overall, Mori Trust Reit has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mori Trust Reit's Cyclically Adjusted PS Ratio compare to ARE and BXP?
Mori Trust Reit's Cyclically Adjusted PS Ratio of 10.17 can be compared against companies in the REITs industry. The industry median Cyclically Adjusted PS Ratio is 5.85. Mori Trust Reit's value of 10.17 is 73.8% above this benchmark. 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 5.85, based on 545 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. Mori Trust Reit's current Cyclically Adjusted PS Ratio of 10.17 is 73.8% 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 Mori Trust Reit and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mori Trust Reit's current Cyclically Adjusted PS Ratio is 10.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mori Trust Reit stock overvalued right now?
Mori Trust Reit (TSE:8961) has a current Cyclically Adjusted PS Ratio of 10.17. The current Cyclically Adjusted PS Ratio is 10.17 and 73.8% above the REITs industry median of 5.85. Mori Trust Reit's overall GF Score™ is 12/100. 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 Mori Trust Reit (TSE:8961), the current Cyclically Adjusted PS Ratio is 10.17 as of Aug. 05, 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.

Mori Trust Reit Business Description

Industry Real EstateREITs
Address 3-1 Toranomon 4-chome, Minato-ku, Tokyo, JPN
Mori Trust Reit Inc is a real estate investment trust company. Its objective is to achieve sustainable growth and stable earnings from mid- to long-term perspectives. It invests in office buildings, commercial facilities, housings, and hotels. The company owns more than 10 properties in and around Central Tokyo and others. The company generates its revenue from its leasing business.
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円74,800.00
Price