Manulife US REIT (SGX:BTOU) PS Ratio: 0.77 (As of Jul. 29, 2026) — 86% Below Median

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What is Manulife US REIT PS Ratio?

Manulife US REIT SGX:BTOU -2.04% PS Ratio is 0.77 as of Jul. 29, 2026, which is 86% below its 10-year median of 5.57. The stock has 7 warning signs investors should review. Among 905 REITs companies, Manulife US REIT ranks better than 97.35% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Manulife US REIT's share price is $0.048. Manulife US REIT's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $0.06. Hence, Manulife US REIT's PS Ratio for today is 0.77.

The historical rank and industry rank for Manulife US REIT's PS Ratio or its related term are showing as below:

SGX:BTOU' s PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 5.57   Max: 13.38
Current: 0.77

During the past 13 years, Manulife US REIT's highest PS Ratio was 13.38. The lowest was 0.36. And the median was 5.57.

SGX:BTOU's PS Ratio is ranked better than
97.35% of 905 companies
in the REITs industry
Industry Median: 6.63 vs SGX:BTOU: 0.77

Manulife US REIT's Revenue per Sharefor the six months ended in Dec. 2025 was $0.03. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $0.06.

Warning Sign:

Manulife US REIT revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Manulife US REIT was -31.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was -18.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was -11.10% per year. During the past 10 years, the average Revenue per Share Growth Rate was -3.50% per year.

During the past 13 years, Manulife US REIT's highest 3-Year average Revenue per Share Growth Rate was 22.60% per year. The lowest was -24.60% per year. And the median was -5.40% per year.

Back to Basics: PS Ratio


Manulife US REIT  (SGX:BTOU) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Manulife US REIT PS Ratio Related Terms


Manulife US REIT PS Ratio Historical Data

* Premium members only.

The historical data trend for Manulife US REIT's 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.

Manulife US REIT PS Ratio Chart

Manulife US REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.83 2.61 0.68 0.98 1.15

Manulife US REIT Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.68 0.00 0.98 0.00 1.15

SGX:BTOU vs BXP, ARE, VNO: PS Ratio Comparison

For the REIT - Office subindustry, Manulife US REIT's PS Ratio, along with its competitors' market caps and 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.


Manulife US REIT PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Manulife US REIT's PS Ratio distribution charts can be found below:

* The bar in red indicates where Manulife US REIT's PS Ratio falls into.



Manulife US REIT PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Manulife US REIT's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.048/0.062
=0.77

Manulife US REIT's Share Price of today is $0.048.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Manulife US REIT's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $0.06.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 0.77 mean?
Manulife US REIT (SGX:BTOU) has a PS Ratio of 0.77 as of Jul. 29, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Manulife US REIT and its competitors. This is 86% below median its historical median of 5.57. Over the past decade, Manulife US REIT's PS Ratio has ranged from 0.36 to 13.38. According to the industry distribution chart, Manulife US REIT ranks #24 out of 905 companies in the REITs industry, placing it in the top 2.7%.
Is Manulife US REIT's PS Ratio too high?
Manulife US REIT's current PS Ratio of 0.77 is 86% below median its 10-year median of 5.57. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 13.38. The REITs industry median PS Ratio is 6.63. Manulife US REIT's value of 0.77 is 88.4% below this industry median. Based on the distribution chart, Manulife US REIT ranks #24 out of 905 companies in the REITs industry, which is in the top quartile — a strong position relative to peers.
How does Manulife US REIT's PS Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Manulife US REIT ranks #24 out of 905 companies for PS Ratio. This places Manulife US REIT in the top 3% of its industry — outperforming the majority of peers. The industry median PS Ratio is 6.63. Manulife US REIT's value of 0.77 is 88.4% below this benchmark. Historically, Manulife US REIT's own PS Ratio has ranged from 0.36 to 13.38 over the past decade. While the company's 10-year median is 5.57 vs. the industry median of 6.63, Manulife US REIT has consistently been below 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 PS Ratio for a REITs company?
The median PS Ratio among REITs companies is 6.63, based on 905 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manulife US REIT's current PS Ratio of 0.77 is 88.4% below 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Manulife US REIT and its competitors. For the REITs industry, the median PS Ratio is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manulife US REIT's current PS Ratio is 0.77, which is 86% below median its own 10-year median of 5.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manulife US REIT stock overvalued right now?
Based on GuruFocus' analysis, Manulife US REIT (SGX:BTOU) is currently considered Fairly Valued. The stock's GF Value™ is $0.05, compared to a current price of $0.05 — trading 4% below its estimated fair value. The current PS Ratio is 0.77, which is 86% below median its 10-year median of 5.57 and 88.4% below the REITs industry median of 6.63. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Manulife US REIT (SGX:BTOU), the current PS Ratio is 0.77 as of Jul. 29, 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.

Manulife US REIT Business Description

Industry Real EstateREITs
Address 8 Cross Street, No.16-03 Manulife Tower, Singapore, SGP, 048424
Manulife US REIT is a pure-play U.S. office REIT in Asia. The company along with its subsidiaries invests, directly or indirectly, in a portfolio of income-producing office real estate in markets in the U.S., as well as real estate-related assets. The Group's investment properties comprise commercial office properties. Some of its properties include Figueroa and Michelson in California along with Plaza and Exchange in New Jersey. Geographically, the majority is derived from the United States.