Mitsui Fudosan Retail Fund Investment (TSE:8964) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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TSE:8964 Mitsui Fudosan Retail Fund Investment Corp TSE:8964
55 GF Score
Price 円75,000.00
GF Value 円89,516.67
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Mitsui Fudosan Retail Fund Investment Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsui Fudosan Retail Fund Investment  (TSE:8964) 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.


Mitsui Fudosan Retail Fund Investment Cyclically Adjusted PS Ratio Related Terms


Mitsui Fudosan Retail Fund Investment Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mitsui Fudosan Retail Fund Investment'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.

Mitsui Fudosan Retail Fund Investment Cyclically Adjusted PS Ratio Chart

Mitsui Fudosan Retail Fund Investment 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 11.63 11.49 9.28 7.97 9.38

Mitsui Fudosan Retail Fund Investment Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 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 9.22 7.93 8.32 9.33 8.02

TSE:8964 vs SPG, O, KIM: Cyclically Adjusted PS Ratio Comparison

For the REIT - Retail subindustry, Mitsui Fudosan Retail Fund Investment'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.


Mitsui Fudosan Retail Fund Investment Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Mitsui Fudosan Retail Fund Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mitsui Fudosan Retail Fund Investment's Cyclically Adjusted PS Ratio falls into.


TSE:8964
55GF Score
Mitsui Fudosan Retail Fund Investment Corp TSE:8964
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsui Fudosan Retail Fund Investment 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.

Mitsui Fudosan Retail Fund Investment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Mitsui Fudosan Retail Fund Investment'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)
=8807.211/113.0000*113.0000
=8,807.211

Current CPI (Dec25) = 113.0000.

Mitsui Fudosan Retail Fund Investment Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 7,905.006 98.400 9,077.903
201712 8,123.764 99.400 9,235.265
201812 8,302.236 99.700 9,409.756
201912 10,025.024 100.500 11,271.918
202012 8,360.068 99.300 9,513.471
202112 8,425.660 100.100 9,511.484
202212 9,524.237 104.100 10,338.509
202312 10,749.306 106.800 11,373.329
202412 10,354.997 110.700 10,570.141
202512 8,807.211 113.000 8,807.211

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 Mitsui Fudosan Retail Fund Investment (TSE:8964) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui Fudosan Retail Fund Investment stock appears to be undervalued. The current stock price of 円75,000.00 is trading 16.2% below its estimated GF Value™ of 円89,516.67. GuruFocus considers Mitsui Fudosan Retail Fund Investment to be Modestly Undervalued.

Key valuation signals for TSE:8964:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円89,516.67 vs. price of 円75,000.00 (16.2% below fair value)
  • GF Score™: 55/100 with 3 warning signs

No single metric tells the full story. See the TSE:8964 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsui Fudosan Retail Fund Investment Business Description

Industry Real EstateREITs
Address Kojun Building, 6th Floor, 6-8-7 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Frontier Real Estate Investment Corp is a real estate investment trust specializing in retail facilities. The company mainly invests in commercial buildings in the metropolitan area and local cities. The company aims at stable earnings and steady asset growth from midterm to long-term perspectives. Its property portfolio consists of AEON Shinagawa Seaside Shopping Center, AEON MALL Ibaraki, Papillon Plaza, Kamiikedai Tokyu Store, and Belltown Tambaguchi Eki-mae Store, among others.
55GF Score

Get the complete analysis for TSE:8964

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

円75,000.00
Price
円89,516.67
GF Value