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Gramercy Property Trust (FRA:GGU1) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


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What is Gramercy Property Trust Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gramercy Property Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gramercy Property 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.

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Gramercy Property Trust Cyclically Adjusted PS Ratio Chart

Gramercy Property Trust Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PS Ratio
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Gramercy Property Trust Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of Gramercy Property Trust's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, Gramercy Property 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.


Gramercy Property Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Gramercy Property 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.

Gramercy Property Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2015 is calculated as:

For example, Gramercy Property Trust's adjusted Revenue per Share data for the three months ended in Sep. 2015 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=0.837/100.3915*100.3915
=0.837

Current CPI (Sep. 2015) = 100.3915.

Gramercy Property Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200512 2.583 83.032 3.123
200603 2.670 84.298 3.180
200606 2.813 85.606 3.299
200609 2.869 85.606 3.365
200612 3.818 85.142 4.502
200703 3.405 86.640 3.945
200706 4.294 87.906 4.904
200709 13.851 87.964 15.808
200712 3.199 88.616 3.624
200803 2.967 90.090 3.306
200806 4.839 92.320 5.262
200809 5.584 92.307 6.073
200812 9.704 88.697 10.983
200903 6.088 89.744 6.810
200906 5.873 91.003 6.479
200909 5.395 91.120 5.944
200912 11.970 91.111 13.189
201003 6.431 91.821 7.031
201006 4.604 91.962 5.026
201009 5.684 92.162 6.192
201012 -9.031 92.474 -9.804
201103 1.648 94.283 1.755
201106 2.788 95.235 2.939
201109 1.959 95.727 2.054
201112 -6.431 95.213 -6.781
201203 0.494 96.783 0.512
201206 0.605 96.819 0.627
201209 0.540 97.633 0.555
201212 0.557 96.871 0.577
201303 0.487 98.209 0.498
201306 0.839 98.518 0.855
201309 0.654 98.790 0.665
201312 0.694 98.326 0.709
201403 0.541 99.695 0.545
201406 0.521 100.560 0.520
201409 0.776 100.428 0.776
201412 -0.939 99.070 -0.952
201503 0.824 99.621 0.830
201506 0.744 100.684 0.742
201509 0.837 100.392 0.837

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.


Gramercy Property Trust  (FRA:GGU1) 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.


Gramercy Property Trust Cyclically Adjusted PS Ratio Related Terms

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Gramercy Property Trust (FRA:GGU1) Business Description

Traded in Other Exchanges
N/A
Address
Gramercy Property Trust Inc, formerly Gramercy Capital Corporation was formed in April 2004 as a Maryland corporation and it completed the initial public offering in August 2004. The Company is a self-managed, integrated commercial real estate investment and asset management company. Its business is segmented into two segments - Realty/Corporate, Asset Management. The Realty/Corporate segment includes activities related to investment and ownership of commercial properties with credit grade tenants throughout the United States. The Realty/Corporate segment generates revenues from rental revenues from properties that kit owns. The Asset Management segment includes activities related to third-party asset and property management of commercial properties leased primarily to financial institutions and affiliated users throughout the United States. The Asset Management segment generates revenues from fee income related to the Management Agreement with KBS and from its Joint Venture with Garrison. As of December 31, 2012, the Company owned directly or in joint venture, a portfolio of 116 office and industrial buildings totaling approximately 4.9 million square feet, net leased on a long-term basis to tenants, including Bank of America, Nestlé Waters, Philips Electronics and others. Its asset and property management business operates under the name Gramercy Asset Management. It currently manages approximately $1.7 billion of commercial properties leased primarily to regulated financial institutions and affiliated users throughout the United States. Additionally, it has a commercial real estate finance business which operates under the name Gramercy Finance. It manages approximately $1.7 billion of whole loans, bridge loans, subordinate interests in whole loans, mezzanine loans, preferred equity and commercial mortgage-backed securities and other real estate securities which are financed through three non-recourse CDOs. It primarily competes with other REITs, specialty finance companies, insurance companies, mutual funds, hedge funds, institutional investors, investment banking firms, private equity firms, and other entities.

Gramercy Property Trust (FRA:GGU1) Headlines

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