GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Resource America Inc (NAS:REXI) » Definitions » Cyclically Adjusted PS Ratio

Resource America (Resource America) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Resource America Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Resource America Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Resource America'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.

Resource America Cyclically Adjusted PS Ratio Chart

Resource America Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Dec13 Dec14 Dec15
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Resource America Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 - - - - -

Competitive Comparison of Resource America's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Resource America'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.


Resource America's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

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



Resource America 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.

Resource America's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2016 is calculated as:

For example, Resource America's adjusted Revenue per Share data for the three months ended in Jun. 2016 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=1.255/101.6881*101.6881
=1.255

Current CPI (Jun. 2016) = 101.6881.

Resource America Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200609 1.039 85.606 1.234
200612 1.257 85.142 1.501
200703 1.661 86.640 1.949
200706 2.026 87.906 2.344
200709 1.688 87.964 1.951
200712 2.911 88.616 3.340
200803 2.712 90.090 3.061
200806 1.678 92.320 1.848
200809 1.830 92.307 2.016
200812 1.754 88.697 2.011
200903 1.468 89.744 1.663
200906 1.215 91.003 1.358
200909 1.399 91.120 1.561
200912 1.341 91.111 1.497
201003 1.016 91.821 1.125
201006 1.319 91.962 1.459
201009 0.986 92.162 1.088
201012 0.874 92.474 0.961
201103 1.051 94.283 1.134
201106 1.398 95.235 1.493
201109 5.240 95.727 5.566
201112 0.931 95.213 0.994
201203 0.760 96.783 0.799
201206 0.655 96.819 0.688
201209 5.994 97.633 6.243
201212 0.782 96.871 0.821
201303 1.986 98.209 2.056
201306 1.515 98.518 1.564
201309 1.967 98.790 2.025
201312 -1.975 98.326 -2.043
201403 1.935 99.695 1.974
201406 1.922 100.560 1.944
201409 1.861 100.428 1.884
201412 -1.906 99.070 -1.956
201503 1.026 99.621 1.047
201506 1.179 100.684 1.191
201509 1.843 100.392 1.867
201512 -1.290 99.792 -1.315
201603 1.243 100.470 1.258
201606 1.255 101.688 1.255

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.


Resource America  (NAS:REXI) 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.


Resource America Cyclically Adjusted PS Ratio Related Terms

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


Resource America (Resource America) Business Description

Traded in Other Exchanges
N/A
Address
Resource America Inc is Delaware Corporation. It is an asset management company that uses industry specific expertise to evaluate, originate, service and manage investment opportunities through its real estate, commercial finance and financial fund management subsidiaries. As a specialized asset manager, it develops investment funds for outside investors for which the Company provides asset management services, typically under long-term management arrangements either through a contract with, or as the manager or general partner of, its sponsored investment funds. In its real estate segment, it focuses on acquiring and managing a diversified portfolio of commercial real estate and real estate related debt that has been significantly discounted due to the effects of current economic conditions and high levels of leverage. In its financial fund management segment, it focuses on the he sponsorship and management of issuers of collateralized loan and debt obligations. The Company has operations in New York, Philadelphia, Los Angeles, London, Singapore and Sydney. In its real estate operations, the Company concentrates on the ownership, operation and management of multifamily and commercial real estate and real estate mortgage loans including whole mortgage loans, first priority interests in commercial mortgage loans, known as A notes, subordinated interests in first mortgage loans, known as B notes, mezzanine loans, investments in discounted and distressed real estate loans and investments in value-added properties. The Company faces competition from other asset holding companies in various areas.
Executives
Michael J Bradley director 1370 SOUTH LEOPARD ROAD, BERWYN PA 19312
Richard Jr Reiss director 1001 PARK AVE, NEW YORK NY 10028
Jeffrey F Brotman officer: Executive Vice President 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Jeffrey D Blomstrom officer: Senior Vice President C/O RESOURCE AMERICA, INC., 717 FIFTH AVENUE, 14TH FLOOR, NEW YORK NY 10022
Thomas C Elliott officer: SVP & CFO 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Hersh Kozlov director WOLF BLOCK SCHORR & SOLIS, 1940 RTE 70 E, CHERRY HILL NJ 08003
Carlos C Campbell director C/O 1845 WALNUT STREET 10TH FLOOR PHILADELPHIA PA 19103
Edward E Cohen director RESOURCE AMERICA INC, 1845 WALNUT ST, PHILADELPHIA PA 19103
Jonathan Z Cohen director, officer: CEO & President 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Leon G Cooperman 10 percent owner 7118 MELROSE CASTLE LANE, BOCA RATON FL 33496
Robert L Lerner director C/O DPT CAPITAL MANAGEMENT, LLC 213 NASSAU STREET PRINCETON NJ 08542
Raging Capital Management, Llc 10 percent owner TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553-0228
Raging Capital Master Fund, Ltd. 10 percent owner C/O OGIER FIDUCIARY SERVICES (CAYMAN), 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY 1-9007
William C Martin 10 percent owner C/O RAGING CAPITAL MANAGEMENT, LLC, TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553
Raging Capital Fund (qp), Lp other: See explanation of responses TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08853

Resource America (Resource America) Headlines

From GuruFocus

Is REXI Still Sexy? Cooperman Reduces - Three Gurus Sell

By Sally Jones Sally Jones 11-27-2013

Small-Cap Consensus Picks By The Investing Gurus

By Chris Mydlo Chris Mydlo 07-25-2014

Leon Cooperman Takes Stake in Resource America Inc.

By Holly LaFon Holly LaFon 06-03-2015

Leon Cooperman Buys Resource America and Has a Great Year

By Holly LaFon Holly LaFon 07-09-2012