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NexPoint Residential Trust (FRA:5O4) Cyclically Adjusted PS Ratio : 4.49 (As of Jun. 08, 2024)


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What is NexPoint Residential Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-08), NexPoint Residential Trust's current share price is €35.00. NexPoint Residential Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €7.80. NexPoint Residential Trust's Cyclically Adjusted PS Ratio for today is 4.49.

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

FRA:5O4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.2   Med: 3.75   Max: 4.43
Current: 4.43

During the past years, NexPoint Residential Trust's highest Cyclically Adjusted PS Ratio was 4.43. The lowest was 3.20. And the median was 3.75.

FRA:5O4's Cyclically Adjusted PS Ratio is ranked better than
54.88% of 492 companies
in the REITs industry
Industry Median: 4.875 vs FRA:5O4: 4.43

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.

NexPoint Residential Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.359. 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 €7.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NexPoint Residential Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NexPoint Residential 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.

NexPoint Residential Trust Cyclically Adjusted PS Ratio Chart

NexPoint Residential 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 - - - - 4.10

NexPoint Residential 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 - - 3.85 4.10 3.67

Competitive Comparison of NexPoint Residential Trust's Cyclically Adjusted PS Ratio

For the REIT - Residential subindustry, NexPoint Residential 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.


NexPoint Residential Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



NexPoint Residential 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.

NexPoint Residential Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.00/7.8
=4.49

* 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.

NexPoint Residential Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, NexPoint Residential 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)
=2.359/131.7762*131.7762
=2.359

Current CPI (Mar. 2024) = 131.7762.

NexPoint Residential Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.234 100.560 0.307
201409 0.432 100.428 0.567
201412 0.774 99.070 1.030
201503 1.108 99.621 1.466
201506 1.203 100.684 1.574
201509 1.288 100.392 1.691
201512 1.406 99.792 1.857
201603 1.413 100.470 1.853
201606 1.407 101.688 1.823
201609 1.379 101.861 1.784
201612 1.452 101.863 1.878
201703 1.624 102.862 2.080
201706 1.460 103.349 1.862
201709 1.451 104.136 1.836
201712 1.380 104.011 1.748
201803 1.327 105.290 1.661
201806 1.433 106.317 1.776
201809 1.471 106.507 1.820
201812 1.526 105.998 1.897
201903 1.527 107.251 1.876
201906 1.573 108.070 1.918
201909 1.732 108.329 2.107
201912 1.751 108.420 2.128
202003 1.841 108.902 2.228
202006 1.852 108.767 2.244
202009 1.737 109.815 2.084
202012 1.639 109.897 1.965
202103 1.736 111.754 2.047
202106 1.735 114.631 1.994
202109 1.904 115.734 2.168
202112 1.872 117.630 2.097
202203 2.154 121.301 2.340
202206 2.423 125.017 2.554
202209 2.685 125.227 2.825
202212 2.562 125.222 2.696
202303 2.526 127.348 2.614
202306 2.502 128.729 2.561
202309 2.488 129.860 2.525
202312 2.402 129.419 2.446
202403 2.359 131.776 2.359

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.


NexPoint Residential Trust  (FRA:5O4) 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.


NexPoint Residential Trust Cyclically Adjusted PS Ratio Related Terms

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


NexPoint Residential Trust (FRA:5O4) Business Description

Traded in Other Exchanges
Address
300 Crescent Court, Suite 700, Dallas, TX, USA, 75201
NexPoint Residential Trust Inc is an us-based real estate investment trust company. Its company's investment objectives are to maximize the cash flow and value of properties owned, acquire properties with cash flow growth potential, provide quarterly cash distributions, and achieve long-term capital appreciation for stockholders. The company seeks to achieve these objectives through targeted management and a capex value-add program. It focuses on acquiring multifamily properties in markets with attractive job growth and household formation fundamentals primarily in the Southeastern and Southwestern United States. The company generates revenue from the rental of multifamily properties.

NexPoint Residential Trust (FRA:5O4) Headlines

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