WRFRF (Wharf Real Estate Investment Co) Cyclically Adjusted PS Ratio: 3.75 (As of Jul. 14, 2026) — Near Median

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WRFRF Wharf Real Estate Investment Co Ltd WRFRF
69 GF Score
Price $2.70
GF Value $3.09
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Wharf Real Estate Investment Co Cyclically Adjusted PS Ratio?

Wharf Real Estate Investment Co WRFRF -6.90% 69 Cyclically Adjusted PS Ratio is 3.75 as of Jul. 14, 2026, which is 7% below its 10-year median of 4.03. GuruFocus rates WRFRF with a GF Score™ of 69/100 and a GF Value™ of $3.09 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,360 Real Estate companies, Wharf Real Estate Investment Co ranks worse than 70.81% on this metric.

As of today (2026-07-14), Wharf Real Estate Investment Co's current share price is $2.70. Wharf Real Estate Investment Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was $0.72. Wharf Real Estate Investment Co's Cyclically Adjusted PS Ratio for today is 3.75.

The historical rank and industry rank for Wharf Real Estate Investment Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

WRFRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.04   Med: 4.03   Max: 5.26
Current: 4.16

During the past 12 years, Wharf Real Estate Investment Co's highest Cyclically Adjusted PS Ratio was 5.26. The lowest was 3.04. And the median was 4.03.

WRFRF's Cyclically Adjusted PS Ratio is ranked worse than
70.81% of 1360 companies
in the Real Estate industry
Industry Median: 1.845 vs WRFRF: 4.16

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.

Wharf Real Estate Investment Co's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $0.542. 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 $0.72 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wharf Real Estate Investment Co  (OTCPK:WRFRF) 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.


Wharf Real Estate Investment Co Cyclically Adjusted PS Ratio Related Terms


Wharf Real Estate Investment Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Wharf Real Estate Investment Co'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.

Wharf Real Estate Investment Co Cyclically Adjusted PS Ratio Chart

Wharf Real Estate Investment Co 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 0.00 0.00 4.51 3.51 4.48

Wharf Real Estate Investment Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 4.51 0.00 3.51 0.00 4.48

WRFRF vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Wharf Real Estate Investment Co'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.


Wharf Real Estate Investment Co Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Wharf Real Estate Investment Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Wharf Real Estate Investment Co's Cyclically Adjusted PS Ratio falls into.


WRFRF
69GF Score
Wharf Real Estate Investment Co Ltd WRFRF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wharf Real Estate Investment Co 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.

Wharf Real Estate Investment Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.70/0.72
=3.75

* 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.

Wharf Real Estate Investment Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Wharf Real Estate Investment Co'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)
=0.542/120.7036*120.7036
=0.542

Current CPI (Dec25) = 120.7036.

Wharf Real Estate Investment Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.715 103.225 0.836
201712 0.881 104.984 1.013
201812 0.694 107.622 0.778
201912 0.677 110.700 0.738
202012 0.659 109.711 0.725
202112 0.678 112.349 0.728
202212 0.527 114.548 0.555
202312 0.561 117.296 0.577
202412 0.547 118.945 0.555
202512 0.542 120.704 0.542

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 3.75 mean?
Wharf Real Estate Investment Co (WRFRF) has a Cyclically Adjusted PS Ratio of 3.75 as of Jul. 14, 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 Wharf Real Estate Investment Co and its competitors. This is near median its historical median of 4.03. Over the past decade, Wharf Real Estate Investment Co's Cyclically Adjusted PS Ratio has ranged from 3.04 to 5.26. According to the industry distribution chart, Wharf Real Estate Investment Co ranks #963 out of 1360 companies in the Real Estate industry, placing it in the top 70.8%.
Is Wharf Real Estate Investment Co's Cyclically Adjusted PS Ratio too high?
Wharf Real Estate Investment Co's current Cyclically Adjusted PS Ratio of 3.75 is near median its 10-year median of 4.03. Over the past 10 years, this metric has ranged from a low of 3.04 to a high of 5.26. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.85. Wharf Real Estate Investment Co's value of 3.75 is 103.3% above this industry median. Based on the distribution chart, Wharf Real Estate Investment Co ranks #963 out of 1360 companies in the Real Estate industry, which is below the industry midpoint. Overall, Wharf Real Estate Investment Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wharf Real Estate Investment Co's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Wharf Real Estate Investment Co ranks #963 out of 1360 companies for Cyclically Adjusted PS Ratio. This places Wharf Real Estate Investment Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.85. Wharf Real Estate Investment Co's value of 3.75 is 103.3% above this benchmark. Historically, Wharf Real Estate Investment Co's own Cyclically Adjusted PS Ratio has ranged from 3.04 to 5.26 over the past decade. While the company's 10-year median is 4.03 vs. the industry median of 1.85, Wharf Real Estate Investment Co 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.85, based on 1,360 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. Wharf Real Estate Investment Co's current Cyclically Adjusted PS Ratio of 3.75 is 103.3% 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 Wharf Real Estate Investment Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wharf Real Estate Investment Co's current Cyclically Adjusted PS Ratio is 3.75, which is near median its own 10-year median of 4.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wharf Real Estate Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Wharf Real Estate Investment Co (WRFRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.09, compared to a current price of $2.70 — trading 12.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.75, which is near median its 10-year median of 4.03 and 103.3% above the Real Estate industry median of 1.85. Wharf Real Estate Investment Co's overall GF Score™ is 69/100 with 3 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 Wharf Real Estate Investment Co (WRFRF), the current Cyclically Adjusted PS Ratio is 3.75 as of Jul. 14, 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 Wharf Real Estate Investment Co (WRFRF) Overvalued in 2026?

Based on GuruFocus' analysis, Wharf Real Estate Investment Co stock appears to be undervalued. The current stock price of $2.70 is trading 12.6% below its estimated GF Value™ of $3.09. GuruFocus considers Wharf Real Estate Investment Co to be Modestly Undervalued.

Key valuation signals for WRFRF:

  • Cyclically Adjusted PS Ratio: 3.75 (near median its 10-year median of 4.03)
  • GF Value™: $3.09 vs. price of $2.70 (12.6% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 103.3% above the Real Estate median (#963 of 1360)

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


Wharf Real Estate Investment Co Business Description

Other Exchanges 01997:Hong Kong4WF:Germany
Address Canton Road, 16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG
Wharf spun off Wharf Real Estate Investment Co. in November 2017. It is a leading property investor with a focus on prime retail assets in Hong Kong. Rental income from flagship assets Harbour City and Times Square accounts for over 85% of revenue. The balance comes from Plaza Hollywood, The Murray, and Marco Polo hotels, and two offices in the central business district. The group also holds two malls in Singapore and a mixed development in Suzhou. Wharf was originally a shipping company but transformed into a property developer and investor in the 1960s by redeveloping its unused industrial assets, many located in city center and waterfront locations. The Harbour City site had been wharfs, and the Times Square site was a tram depot in the 1970s. Wheelock holds a 49% stake in the group.
69GF Score

Get the complete analysis for WRFRF

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

$2.70
Price
$3.09
GF Value