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Healthpeak Properties (FRA:HC5) Cyclically Adjusted PS Ratio : 4.43 (As of May. 24, 2024)


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What is Healthpeak Properties Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Healthpeak Properties's current share price is €17.50. Healthpeak Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.95. Healthpeak Properties's Cyclically Adjusted PS Ratio for today is 4.43.

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

FRA:HC5' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.69   Med: 7.02   Max: 10.52
Current: 4.45

During the past years, Healthpeak Properties's highest Cyclically Adjusted PS Ratio was 10.52. The lowest was 3.69. And the median was 7.02.

FRA:HC5's Cyclically Adjusted PS Ratio is ranked better than
52.97% of 489 companies
in the REITs industry
Industry Median: 4.97 vs FRA:HC5: 4.45

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.

Healthpeak Properties's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.919. 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 €3.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Healthpeak Properties Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Healthpeak Properties'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.

Healthpeak Properties Cyclically Adjusted PS Ratio Chart

Healthpeak Properties 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 8.17 7.37 8.54 5.81 4.66

Healthpeak Properties 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 5.07 4.64 4.25 4.66 4.38

Competitive Comparison of Healthpeak Properties's Cyclically Adjusted PS Ratio

For the REIT - Healthcare Facilities subindustry, Healthpeak Properties'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.


Healthpeak Properties's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Healthpeak Properties's Cyclically Adjusted PS Ratio falls into.



Healthpeak Properties 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.

Healthpeak Properties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.50/3.95
=4.43

* 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.

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

For example, Healthpeak Properties'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)
=0.919/131.7762*131.7762
=0.919

Current CPI (Mar. 2024) = 131.7762.

Healthpeak Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.860 100.560 1.127
201409 1.008 100.428 1.323
201412 -0.046 99.070 -0.061
201503 1.225 99.621 1.620
201506 1.171 100.684 1.533
201509 1.264 100.392 1.659
201512 0.129 99.792 0.170
201603 1.002 100.470 1.314
201606 1.016 101.688 1.317
201609 1.010 101.861 1.307
201612 1.093 101.863 1.414
201703 0.968 102.862 1.240
201706 0.871 103.349 1.111
201709 0.812 104.136 1.028
201712 0.798 104.011 1.011
201803 0.827 105.290 1.035
201806 0.855 106.317 1.060
201809 0.831 106.507 1.028
201812 -0.381 105.998 -0.474
201903 0.806 107.251 0.990
201906 0.909 108.070 1.108
201909 0.994 108.329 1.209
201912 -0.403 108.420 -0.490
202003 0.670 108.902 0.811
202006 0.674 108.767 0.817
202009 0.668 109.815 0.802
202012 0.659 109.897 0.790
202103 0.710 111.754 0.837
202106 0.726 114.631 0.835
202109 0.759 115.734 0.864
202112 0.793 117.630 0.888
202203 0.839 121.301 0.911
202206 0.908 125.017 0.957
202209 0.963 125.227 1.013
202212 0.920 125.222 0.968
202303 0.887 127.348 0.918
202306 0.920 128.729 0.942
202309 0.952 129.860 0.966
202312 0.928 129.419 0.945
202403 0.919 131.776 0.919

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.


Healthpeak Properties  (FRA:HC5) 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.


Healthpeak Properties Cyclically Adjusted PS Ratio Related Terms

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


Healthpeak Properties (FRA:HC5) Business Description

Traded in Other Exchanges
Address
4600 South Syracuse Street, Suite 500, Denver, CO, USA, 80237
Healthpeak owns a diversified healthcare portfolio of approximately 457 in-place properties spread across mainly medical office and life science assets, plus a handful of senior housing, hospital, and skilled nursing/post-acute care assets, as well.

Healthpeak Properties (FRA:HC5) Headlines

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