Highwoods PropertiesFRA:HQS +2.27%64 Median PS Value is €37.42 as of Jul. 02, 2026, which is 100% below its 10-year median of 0.88. GuruFocus rates FRA:HQS with a GF Score™ of 64/100 and a GF Value™ of €22.90 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 411 REITs companies, Highwoods Properties ranks better than 70.07% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Highwoods Properties's Median PS Value or its related term are showing as below:
FRA:HQS'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.39 Med: 0.88 Max: 1.44
Current: 0.72
During the past 13 years, the highest Price to Median PS Value of Highwoods Properties was 1.44. The lowest was 0.39. And the median was 0.88.
FRA:HQS's Price-to-Median-PS-Value is ranked better than 70.07% of 411
companies
in the REITs industry
Industry Median: 0.87
vs FRA:HQS: 0.72
Highwoods Properties (FRA:HQS) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Highwoods Properties's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
27.00
/
37.42
=
0.72
* 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.
Highwoods Properties Median PS Value Related Terms
Highwoods Properties Median PS Value Historical Data
* Premium members only.
The historical data trend for Highwoods Properties's Median PS Value 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.
FRA:HQS vs SLG, CDP, KRC: Median PS Value Comparison
For the REIT - Office subindustry, Highwoods Properties's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Highwoods Properties Price-to-Median-PS-Value vs REITs Industry
For the REITs industry and Real Estate sector, Highwoods Properties's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Highwoods Properties's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 5.9031.
Highwoods Properties's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €6.339.
* 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.
Highwoods Properties (FRA:HQS) has a Median PS Value of €37.42 as of Jul. 02, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Highwoods Properties and its competitors. This is 4152% above median its historical median of 0.88. Over the past decade, Highwoods Properties' Median PS Value has ranged from 0.39 to 1.44. According to the industry distribution chart, Highwoods Properties ranks #123 out of 411 companies in the REITs industry, placing it in the top 29.9%.
Is Highwoods Properties' Median PS Value too high?
Highwoods Properties' current Median PS Value of €37.42 is 4152% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.44. Based on the distribution chart, Highwoods Properties ranks #123 out of 411 companies in the REITs industry, which is above the industry midpoint. Overall, Highwoods Properties has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Highwoods Properties' Median PS Value compare to SLG and CDP?
According to the REITs industry distribution chart, Highwoods Properties ranks #123 out of 411 companies for Median PS Value. This puts Highwoods Properties in the upper half of its industry. The industry median Median PS Value is 0.87. Historically, Highwoods Properties' own Median PS Value has ranged from 0.39 to 1.44 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a REITs company?
The median Median PS Value among REITs companies is 0.87, based on 411 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Highwoods Properties and its competitors. For the REITs industry, the median Median PS Value is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highwoods Properties's current Median PS Value is €37.42, which is 4152% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highwoods Properties stock overvalued right now?
Based on GuruFocus' analysis, Highwoods Properties (FRA:HQS) is currently considered Modestly Overvalued. The stock's GF Value™ is €22.90, compared to a current price of €27.00 — trading 17.9% above its estimated fair value. The current Median PS Value is €37.42, which is 4152% above median its 10-year median of 0.88. Highwoods Properties' overall GF Score™ is 64/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Highwoods Properties (FRA:HQS), the current Median PS Value is €37.42 as of Jul. 02, 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 Highwoods Properties (FRA:HQS) Overvalued in 2026?
Based on GuruFocus' analysis, Highwoods Properties stock appears to be overvalued.
The current stock price of €27.00 is trading 17.9% above its estimated GF Value™ of €22.90.
GuruFocus considers Highwoods Properties to be Modestly Overvalued.
Key valuation signals for FRA:HQS:
Median PS Value: €37.42 (4152% above median its 10-year median of 0.88)
GF Value™: €22.90 vs. price of €27.00 (17.9% above fair value)
No single metric tells the full story. See the FRA:HQS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Highwoods Properties Inc is a fully integrated office REIT that owns, develops, acquires, leases, and manages office properties mainly in the best business districts of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond, and Tampa. Its principal business is the operation, acquisition, and development of rental office properties, with no material inter-segment transactions. The Company evaluates performance by geographic location, and the operating results by geographic grouping are regularly reviewed by the chief operating decision maker. The core portfolio consists mainly of office properties in its key markets, with the majority of revenue derived from its Raleigh properties.
64GF Score
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