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Kite Realty Group Trust (Kite Realty Group Trust) Cyclically Adjusted PS Ratio : 4.64 (As of Apr. 30, 2024)


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What is Kite Realty Group Trust Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Kite Realty Group Trust's current share price is $21.70. Kite Realty Group Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.68. Kite Realty Group Trust's Cyclically Adjusted PS Ratio for today is 4.64.

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

KRG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.39   Med: 2.56   Max: 4.9
Current: 4.64

During the past years, Kite Realty Group Trust's highest Cyclically Adjusted PS Ratio was 4.90. The lowest was 1.39. And the median was 2.56.

KRG's Cyclically Adjusted PS Ratio is ranked better than
53.05% of 492 companies
in the REITs industry
Industry Median: 5 vs KRG: 4.64

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.

Kite Realty Group Trust's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.912. 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 $4.68 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kite Realty Group Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kite Realty Group 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.

Kite Realty Group Trust Cyclically Adjusted PS Ratio Chart

Kite Realty Group 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 3.69 3.01 4.41 4.32 4.89

Kite Realty Group 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 4.32 4.33 4.64 4.49 4.89

Competitive Comparison of Kite Realty Group Trust's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, Kite Realty Group 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.


Kite Realty Group Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Kite Realty Group Trust's Cyclically Adjusted PS Ratio falls into.



Kite Realty Group 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.

Kite Realty Group Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.70/4.68
=4.64

* 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.

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

For example, Kite Realty Group 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)
=0.912/129.4194*129.4194
=0.912

Current CPI (Dec. 2023) = 129.4194.

Kite Realty Group Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.302 99.695 1.690
201406 1.242 100.560 1.598
201409 1.058 100.428 1.363
201412 1.044 99.070 1.364
201503 1.038 99.621 1.348
201506 0.999 100.684 1.284
201509 1.045 100.392 1.347
201512 1.070 99.792 1.388
201603 1.061 100.470 1.367
201606 1.050 101.688 1.336
201609 1.043 101.861 1.325
201612 1.062 101.863 1.349
201703 1.077 102.862 1.355
201706 1.108 103.349 1.387
201709 1.042 104.136 1.295
201712 1.062 104.011 1.321
201803 1.073 105.290 1.319
201806 1.096 106.317 1.334
201809 1.024 106.507 1.244
201812 1.038 105.998 1.267
201903 0.994 107.251 1.199
201906 0.971 108.070 1.163
201909 0.893 108.329 1.067
201912 0.896 108.420 1.070
202003 0.832 108.902 0.989
202006 0.752 108.767 0.895
202009 0.773 109.815 0.911
202012 0.812 109.897 0.956
202103 0.822 111.754 0.952
202106 0.823 114.631 0.929
202109 0.845 115.734 0.945
202112 0.744 117.630 0.819
202203 0.888 121.301 0.947
202206 0.922 125.017 0.954
202209 0.914 125.227 0.945
202212 0.934 125.222 0.965
202303 0.940 127.348 0.955
202306 0.949 128.729 0.954
202309 0.942 129.860 0.939
202312 0.912 129.419 0.912

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.


Kite Realty Group Trust  (NYSE:KRG) 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.


Kite Realty Group Trust Cyclically Adjusted PS Ratio Related Terms

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


Kite Realty Group Trust (Kite Realty Group Trust) Business Description

Industry
Traded in Other Exchanges
Address
30 South Meridian Street, Suite 1100, Indianapolis, IN, USA, 46204
Kite Realty Group Trust that owns mainly community shopping centers concentrated in Indiana (39% of base rent), Florida (10.9%), Maryland (6.8%), New York (6%), North Carolina (5.4%) and Texas (25.7%). At year-end 2022, Kite owned interests in 183 retail operating properties and three commercial properties, representing 8.9 million of gross leasable area. It also had eight properties under development or redevelopment.
Executives
Steven P Grimes director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
John A Kite director, officer: CEO, Pres & Trustee KITE REALTY GROUP TRUST, 30 S MERIDIAN STREET, SUITE 1100, INDIANAPOLIS IN 46204
Charles H Wurtzebach director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Gerald M Gorski director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Bonnie Biumi director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Peter L Lynch director 2021 SPRING ROAD SUITE 200, OAK BROOK IL 60523
Derrick Burks director C/O EQUITY LIFESTYLE PROPERTIES INC, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Caroline L. Young director C/O KITE REALTY GROUP TRUST, 30 S. MERIDIAN STREET, SUITE 1100, INDIANAPOLIS IN 46204
R Fear Heath officer: EVP & Chief Financial Officer C/O GGP INC., 350 N. ORLEANS, SUITE 300, CHICAGO IL 60654
Lee A Daniels director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
William E Bindley director
Barton R Peterson director LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285
David Buell officer: Senior VP & CAO KITE REALTY GROUP TRUST, 30 SOUTH MERIDIAN STREET, SUITE 1100, INDIANAPOLIS IN 46204
Thomas K Mcgowan officer: EVP & COO KITE REALTY GROUP TRUST, 30 S MERIDIAN STREET, SUITE 1100, INDIANAPOLIS IN 46204
Thomas R Olinger officer: Senior VP & CAO 30 S. MERIDIAN STREET, SUITE 1100, INDIANAPOLIS IN 46204