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BTB Real Estate Investment Trust (BTB Real Estate Investment Trust) Cyclically Adjusted PS Ratio : 1.61 (As of May. 16, 2024)


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What is BTB Real Estate Investment Trust Cyclically Adjusted PS Ratio?

As of today (2024-05-16), BTB Real Estate Investment Trust's current share price is $2.357. BTB Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.46. BTB Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 1.61.

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

BTBIF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.53   Max: 2.07
Current: 1.65

During the past years, BTB Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 2.07. The lowest was 1.12. And the median was 1.53.

BTBIF's Cyclically Adjusted PS Ratio is ranked better than
86.09% of 489 companies
in the REITs industry
Industry Median: 4.97 vs BTBIF: 1.65

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.

BTB Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.275. 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 $1.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BTB Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BTB Real Estate Investment 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.

BTB Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

BTB Real Estate Investment 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 1.93 1.57 1.92 1.75 1.47

BTB Real Estate Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.72 1.57 1.47 1.47 1.61

Competitive Comparison of BTB Real Estate Investment Trust's Cyclically Adjusted PS Ratio

For the REIT - Office subindustry, BTB Real Estate Investment 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.


BTB Real Estate Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



BTB Real Estate Investment 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.

BTB Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.357/1.46
=1.61

* 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.

BTB Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, BTB Real Estate Investment Trust's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.275/125.4675*125.4675
=0.275

Current CPI (Mar. 2024) = 125.4675.

BTB Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.513 99.473 0.647
201409 0.451 99.394 0.569
201412 0.446 98.367 0.569
201503 0.424 99.789 0.533
201506 0.414 100.500 0.517
201509 0.402 100.421 0.502
201512 0.390 99.947 0.490
201603 0.403 101.054 0.500
201606 0.406 102.002 0.499
201609 0.335 101.765 0.413
201612 0.320 101.449 0.396
201703 0.335 102.634 0.410
201706 0.325 103.029 0.396
201709 0.347 103.345 0.421
201712 0.330 103.345 0.401
201803 0.342 105.004 0.409
201806 0.320 105.557 0.380
201809 0.322 105.636 0.382
201812 0.297 105.399 0.354
201903 0.292 106.979 0.342
201906 0.297 107.690 0.346
201909 0.292 107.611 0.340
201912 0.312 107.769 0.363
202003 0.274 107.927 0.319
202006 0.272 108.401 0.315
202009 0.283 108.164 0.328
202012 0.276 108.559 0.319
202103 0.294 110.298 0.334
202106 0.290 111.720 0.326
202109 0.256 112.905 0.284
202112 0.281 113.774 0.310
202203 0.294 117.646 0.314
202206 0.266 120.806 0.276
202209 0.263 120.648 0.274
202212 0.271 120.964 0.281
202303 0.280 122.702 0.286
202306 0.276 124.203 0.279
202309 0.266 125.230 0.267
202312 0.274 125.468 0.274
202403 0.275 125.468 0.275

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.


BTB Real Estate Investment Trust  (OTCPK:BTBIF) 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.


BTB Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms

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BTB Real Estate Investment Trust (BTB Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
1411, Crescent Street, Suite 300, Montreal, QC, CAN, H3G 2B3
BTB Real Estate Investment Trust is a real estate investment trust. It owns and manages properties across Canada. The company has three operating segments; Industrial, Off-downtown core office, and Necessity-based retail. It derives a majority of its revenue in the form of rental revenue.

BTB Real Estate Investment Trust (BTB Real Estate Investment Trust) Headlines