Kingston Properties (XJAM:KPREIT) Cyclically Adjusted PS Ratio: 10.72 (As of Aug. 15, 2026) — 39% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XJAM:KPREIT Kingston Properties Ltd XJAM:KPREIT
89 GF Score
Price JMD9.65
GF Value JMD14.01
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Kingston Properties Cyclically Adjusted PS Ratio?

Kingston Properties XJAM:KPREIT -11.47% 89 Cyclically Adjusted PS Ratio is 10.72 as of Aug. 15, 2026, which is 39% above its 10-year median of 7.73. GuruFocus rates XJAM:KPREIT with a GF Score™ of 89/100 and a GF Value™ of JMD14.01 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 546 REITs companies, Kingston Properties ranks worse than 90.48% on this metric.

As of today (2026-08-15), Kingston Properties's current share price is JMD9.65. Kingston Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was JMD0.90. Kingston Properties's Cyclically Adjusted PS Ratio for today is 10.72.

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

XJAM:KPREIT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.61   Med: 7.73   Max: 15.47
Current: 12.82

During the past years, Kingston Properties's highest Cyclically Adjusted PS Ratio was 15.47. The lowest was 4.61. And the median was 7.73.

XJAM:KPREIT's Cyclically Adjusted PS Ratio is ranked worse than
90.48% of 546 companies
in the REITs industry
Industry Median: 5.775 vs XJAM:KPREIT: 12.82

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.

Kingston Properties's adjusted revenue per share data for the three months ended in Mar. 2026 was JMD0.334. 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 JMD0.90 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kingston Properties  (XJAM:KPREIT) 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.


Kingston Properties Cyclically Adjusted PS Ratio Related Terms


Kingston Properties Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kingston Properties'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.

Kingston Properties Cyclically Adjusted PS Ratio Chart

Kingston Properties 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 7.47 6.33 7.11 10.12 10.74

Kingston Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 10.69 10.95 10.66 10.74 13.39

XJAM:KPREIT vs VICI, WPC, BNL: Cyclically Adjusted PS Ratio Comparison

For the REIT - Diversified subindustry, Kingston Properties'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.


Kingston Properties Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where Kingston Properties's Cyclically Adjusted PS Ratio falls into.


XJAM:KPREIT
89GF Score
Kingston Properties Ltd XJAM:KPREIT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kingston Properties 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.

Kingston Properties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.65/0.90
=10.72

* 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.

Kingston Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Kingston Properties's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.334/330.2130*330.2130
=0.334

Current CPI (Mar. 2026) = 330.2130.

Kingston Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.127 241.018 0.174
201609 0.136 241.428 0.186
201612 0.114 241.432 0.156
201703 0.188 243.801 0.255
201706 0.191 244.955 0.257
201709 0.174 246.819 0.233
201712 0.214 246.524 0.287
201803 0.216 249.554 0.286
201806 0.188 251.989 0.246
201809 0.161 252.439 0.211
201812 0.202 251.233 0.266
201903 0.224 254.202 0.291
201906 0.198 256.143 0.255
201909 0.200 256.759 0.257
201912 0.114 256.974 0.146
202003 0.105 258.115 0.134
202006 0.105 257.797 0.134
202009 0.132 260.280 0.167
202012 0.170 260.474 0.216
202103 0.170 264.877 0.212
202106 0.155 271.696 0.188
202109 0.178 274.310 0.214
202112 0.200 278.802 0.237
202203 0.191 287.504 0.219
202206 0.196 296.311 0.218
202209 0.157 296.808 0.175
202212 0.152 296.797 0.169
202303 0.160 301.836 0.175
202306 0.160 305.109 0.173
202309 0.173 307.789 0.186
202312 0.214 306.746 0.230
202403 0.205 312.332 0.217
202406 0.223 314.175 0.234
202409 0.210 315.301 0.220
202412 0.228 315.605 0.239
202503 0.254 319.799 0.262
202506 0.300 322.561 0.307
202509 0.274 324.800 0.279
202512 0.309 324.054 0.315
202603 0.334 330.213 0.334

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 10.72 mean?
Kingston Properties (XJAM:KPREIT) has a Cyclically Adjusted PS Ratio of 10.72 as of Aug. 15, 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 Kingston Properties and its competitors. This is 39% above median its historical median of 7.73. Over the past decade, Kingston Properties' Cyclically Adjusted PS Ratio has ranged from 4.61 to 15.47. According to the industry distribution chart, Kingston Properties ranks #494 out of 546 companies in the REITs industry, placing it in the top 90.5%.
Is Kingston Properties' Cyclically Adjusted PS Ratio too high?
Kingston Properties' current Cyclically Adjusted PS Ratio of 10.72 is 39% above median its 10-year median of 7.73. Over the past 10 years, this metric has ranged from a low of 4.61 to a high of 15.47. The REITs industry median Cyclically Adjusted PS Ratio is 5.78. Kingston Properties' value of 10.72 is 85.6% above this industry median. Based on the distribution chart, Kingston Properties ranks #494 out of 546 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Kingston Properties has a GF Score™ of 89/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kingston Properties' Cyclically Adjusted PS Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Kingston Properties ranks #494 out of 546 companies for Cyclically Adjusted PS Ratio. This places Kingston Properties in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.78. Kingston Properties' value of 10.72 is 85.6% above this benchmark. Historically, Kingston Properties' own Cyclically Adjusted PS Ratio has ranged from 4.61 to 15.47 over the past decade. While the company's 10-year median is 7.73 vs. the industry median of 5.78, Kingston Properties 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. Kingston Properties's current Cyclically Adjusted PS Ratio of 10.72 is 85.6% 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 Kingston Properties 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. Kingston Properties's current Cyclically Adjusted PS Ratio is 10.72, which is 39% above median its own 10-year median of 7.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingston Properties stock overvalued right now?
Based on GuruFocus' analysis, Kingston Properties (XJAM:KPREIT) is currently considered Possible Value Trap. The stock's GF Value™ is JMD14.01, compared to a current price of JMD9.65 — trading 31.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.72, which is 39% above median its 10-year median of 7.73 and 85.6% above the REITs industry median of 5.78. Kingston Properties' overall GF Score™ is 89/100 with 4 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 Kingston Properties (XJAM:KPREIT), the current Cyclically Adjusted PS Ratio is 10.72 as of Aug. 15, 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 Kingston Properties (XJAM:KPREIT) Overvalued in 2026?

Based on GuruFocus' analysis, Kingston Properties stock appears to be undervalued. The current stock price of JMD9.65 is trading 31.1% below its estimated GF Value™ of JMD14.01. GuruFocus considers Kingston Properties to be Possible Value Trap.

Key valuation signals for XJAM:KPREIT:

  • Cyclically Adjusted PS Ratio: 10.72 (39% above median its 10-year median of 7.73)
  • GF Value™: JMD14.01 vs. price of JMD9.65 (31.1% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 85.6% above the REITs median (#494 of 546)

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


Kingston Properties Business Description

Industry Real EstateREITs
Address 36-38 Red Hills Road, Building B, 1st Floor, Kingston, JAM, 10
Kingston Properties Ltd is a real estate investment vehicle specializing in value-add commercial property investments in the office, industrial, multi-family, mixed-use, retail, and other real estate spaces. The company owns and manages a portfolio of income-generating properties across Jamaica, the Cayman Islands, the United Kingdom, and the United States of America, and also has interests in real estate private equity funds in the United States of America. Its tenants include residential clients and medium to large-sized companies across industries with local, regional, and international operations.
89GF Score

Get the complete analysis for XJAM:KPREIT

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

JMD9.65
Price
JMD14.01
GF Value