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Ashford Hospitality Trust (Ashford Hospitality Trust) Cyclically Adjusted PS Ratio : 0.00 (As of Apr. 30, 2024)


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What is Ashford Hospitality Trust Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Ashford Hospitality Trust's current share price is $1.17. Ashford Hospitality Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1,095.61. Ashford Hospitality Trust's Cyclically Adjusted PS Ratio for today is 0.00.

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

During the past years, Ashford Hospitality Trust's highest Cyclically Adjusted PS Ratio was 0.88. The lowest was 0.01. And the median was 0.44.

AHT's Cyclically Adjusted PS Ratio is not ranked *
in the REITs industry.
Industry Median: 5
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Ashford Hospitality Trust's adjusted revenue per share data for the three months ended in Dec. 2023 was $9.164. 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 $1,095.61 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ashford Hospitality Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ashford Hospitality Trust'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.

* Premium members only.

Ashford Hospitality Trust Cyclically Adjusted PS Ratio Chart

Ashford Hospitality Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.02 0.01 - -

Ashford Hospitality Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Ashford Hospitality Trust's Cyclically Adjusted PS Ratio

For the REIT - Hotel & Motel subindustry, Ashford Hospitality Trust'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.


Ashford Hospitality Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Ashford Hospitality Trust's Cyclically Adjusted PS Ratio falls into.



Ashford Hospitality Trust 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.

Ashford Hospitality Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.17/1095.61
=0.00

* 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.

Ashford Hospitality Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ashford Hospitality Trust's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=9.164/129.4194*129.4194
=9.164

Current CPI (Dec. 2023) = 129.4194.

Ashford Hospitality Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 238.508 99.695 309.622
201406 234.418 100.560 301.694
201409 223.097 100.428 287.501
201412 212.464 99.070 277.552
201503 219.697 99.621 285.412
201506 370.078 100.684 475.699
201509 380.100 100.392 490.005
201512 312.834 99.792 405.710
201603 390.831 100.470 503.443
201606 434.571 101.688 553.083
201609 393.578 101.861 500.060
201612 361.173 101.863 458.880
201703 373.111 102.862 469.442
201706 409.937 103.349 513.346
201709 370.750 104.136 460.767
201712 358.411 104.011 445.965
201803 358.708 105.290 440.916
201806 401.614 106.317 488.885
201809 365.056 106.507 443.590
201812 345.909 105.998 422.342
201903 360.883 107.251 435.478
201906 415.564 108.070 497.662
201909 374.237 108.329 447.095
201912 355.367 108.420 424.196
202003 280.475 108.902 333.319
202006 41.770 108.767 49.701
202009 79.051 109.815 93.163
202012 14.023 109.897 16.514
202103 13.947 111.754 16.152
202106 12.121 114.631 13.685
202109 8.827 115.734 9.871
202112 7.212 117.630 7.935
202203 7.212 121.301 7.695
202206 10.140 125.017 10.497
202209 9.547 125.227 9.867
202212 9.233 125.222 9.543
202303 9.566 127.348 9.722
202306 10.914 128.729 10.973
202309 9.954 129.860 9.920
202312 9.164 129.419 9.164

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.


Ashford Hospitality Trust  (NYSE:AHT) 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.


Ashford Hospitality Trust Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Ashford Hospitality Trust's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ashford Hospitality Trust (Ashford Hospitality Trust) Business Description

Address
14185 Dallas Parkway, Suite 1200, Dallas, TX, USA, 75254
Ashford Hospitality Trust Inc. is a real estate investment trust that invests in full-service upscale and upper-upscale hotel properties in the U.S. The company owns and operates its assets through its operating partnership, Ashford Hospitality Limited Partnership. All of its hotels are located across the U.S. and operate under the Marriott, Hilton, Hyatt, Crowne Plaza, and Sheraton brands. Ashford's sole segment is Direct Hotel Investments, through which it owns hotels by acquisition or development. Ashford also provides rest estate investment services, such as mezzanine financing, first mortgage financing, and sales-leaseback transactions. Its revenue streams include Room revenue, Food and beverage revenue, and Other revenue. Room revenue accounts for the majority of total revenue.
Executives
Davinder Singh Sra director 14185 DALLAS PARKWAY, SUITE 1200, DALLAS TX 75254
Deric S Eubanks officer: Chief Financial Officer 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Ansell Benjamin J Md director 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Brookfield Asset Management Inc. 10 percent owner BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Oaktree Fund Gp I, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Aif Investment Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Aif Investments, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp Aif, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGLES CA 90071
Oaktree Fund Aif Series, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp Iii, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Atlas Ocm Holdings, Llc 10 percent owner C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Bam Partners Trust 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Oaktree Capital Management Gp, Llc 10 percent owner 333 SOUTH GRAND AVE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Real Estate Opportunities Fund Viii Gp Ltd. 10 percent owner C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FL, LOS ANGELES CA 90071
Oaktree Real Estate Opportunities Fund Viii Gp, L.p. 10 percent owner C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FL, LOS ANGELES CA 90071