GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mapletree Industrial Trust (OTCPK:MAPIF) » Definitions » Cyclically Adjusted PS Ratio

Mapletree Industrial Trust (Mapletree Industrial Trust) Cyclically Adjusted PS Ratio : 9.18 (As of Jun. 11, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Mapletree Industrial Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Mapletree Industrial Trust's current share price is $1.56. Mapletree Industrial Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.17. Mapletree Industrial Trust's Cyclically Adjusted PS Ratio for today is 9.18.

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

MAPIF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.05   Med: 11.47   Max: 17.15
Current: 9.65

During the past years, Mapletree Industrial Trust's highest Cyclically Adjusted PS Ratio was 17.15. The lowest was 8.05. And the median was 11.47.

MAPIF's Cyclically Adjusted PS Ratio is ranked worse than
83.13% of 492 companies
in the REITs industry
Industry Median: 4.875 vs MAPIF: 9.65

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.

Mapletree Industrial Trust's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.044. 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 $0.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mapletree Industrial Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mapletree Industrial 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.

Mapletree Industrial Trust Cyclically Adjusted PS Ratio Chart

Mapletree Industrial Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 9.17 14.20 12.69 10.56

Mapletree Industrial 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 10.11 10.56 9.75 9.88 11.01

Competitive Comparison of Mapletree Industrial Trust's Cyclically Adjusted PS Ratio

For the REIT - Industrial subindustry, Mapletree Industrial 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.


Mapletree Industrial Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Mapletree Industrial 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.

Mapletree Industrial Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.56/0.17
=9.18

* 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.

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

For example, Mapletree Industrial 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)
=0.044/129.4194*129.4194
=0.044

Current CPI (Dec. 2023) = 129.4194.

Mapletree Industrial Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.027 99.695 0.035
201406 0.037 100.560 0.048
201409 0.036 100.428 0.046
201412 0.034 99.070 0.044
201503 0.026 99.621 0.034
201506 0.035 100.684 0.045
201509 0.033 100.392 0.043
201512 0.033 99.792 0.043
201603 0.034 100.470 0.044
201606 0.034 101.688 0.043
201609 0.034 101.861 0.043
201612 0.032 101.863 0.041
201703 0.035 102.862 0.044
201706 0.035 103.349 0.044
201709 0.038 104.136 0.047
201712 0.036 104.011 0.045
201803 0.026 105.290 0.032
201806 0.036 106.317 0.044
201809 0.036 106.507 0.044
201812 0.036 105.998 0.044
201903 0.028 107.251 0.034
201906 0.036 108.070 0.043
201909 0.036 108.329 0.043
201912 0.034 108.420 0.041
202003 0.033 108.902 0.039
202006 0.027 108.767 0.032
202009 0.029 109.815 0.034
202012 0.035 109.897 0.041
202103 0.042 111.754 0.049
202106 0.037 114.631 0.042
202109 0.039 115.734 0.044
202112 0.040 117.630 0.044
202203 0.041 121.301 0.044
202206 0.040 125.017 0.041
202209 0.041 125.227 0.042
202212 0.042 125.222 0.043
202303 0.042 127.348 0.043
202306 0.043 128.729 0.043
202309 0.043 129.860 0.043
202312 0.044 129.419 0.044

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.


Mapletree Industrial Trust  (OTCPK:MAPIF) 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.


Mapletree Industrial Trust Cyclically Adjusted PS Ratio Related Terms

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


Mapletree Industrial Trust (Mapletree Industrial Trust) Business Description

Traded in Other Exchanges
Address
10 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Industrial Trust is a real estate investment trust focusing on industrial properties and data centers. Its property portfolio consists of 85 properties in Singapore and 56 properties in North America (including 13 data centers held through a joint venture with its sponsor, Mapletree Investments Private Limited). Types of property owned includes data centers, high-tech buildings, business parks and general industrial. The trust is externally managed by Mapletree Industrial Trust Management Limited, a subsidiary of its sponsor, which owns around 31% stake in the trust.

Mapletree Industrial Trust (Mapletree Industrial Trust) Headlines

From GuruFocus

Mapletree Industrial Trust's Dividend Analysis

By GuruFocus Research 11-01-2023