GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Frasers Commercial Trust (SGX:UP8) » Definitions » Cyclically Adjusted PS Ratio

Frasers Commercial Trust (SGX:UP8) Cyclically Adjusted PS Ratio : (As of May. 18, 2024)


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

What is Frasers Commercial 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


Frasers Commercial Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Frasers Commercial 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.

Frasers Commercial Trust Cyclically Adjusted PS Ratio Chart

Frasers Commercial Trust Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Frasers Commercial Trust Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 Frasers Commercial Trust's Cyclically Adjusted PS Ratio

For the REIT - Office subindustry, Frasers Commercial 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.


Frasers Commercial Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Frasers Commercial 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.

Frasers Commercial Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2019 is calculated as:

For example, Frasers Commercial Trust's adjusted Revenue per Share data for the three months ended in Dec. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=0.056/108.4201*108.4201
=0.056

Current CPI (Dec. 2019) = 108.4201.

Frasers Commercial Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201003 0.033 91.821 0.039
201006 0.032 91.962 0.038
201009 0.015 92.162 0.018
201012 0.032 92.474 0.038
201103 0.032 94.283 0.037
201106 0.033 95.235 0.038
201109 0.033 95.727 0.037
201112 0.033 95.213 0.038
201203 0.033 96.783 0.037
201206 0.038 96.819 0.043
201209 0.038 97.633 0.042
201212 0.037 96.871 0.041
201303 0.044 98.209 0.049
201306 0.045 98.518 0.050
201309 0.043 98.790 0.047
201312 0.043 98.326 0.047
201403 0.043 99.695 0.047
201406 0.044 100.560 0.047
201409 0.047 100.428 0.051
201412 0.053 99.070 0.058
201503 0.052 99.621 0.057
201506 0.051 100.684 0.055
201509 0.055 100.392 0.059
201512 0.059 99.792 0.064
201603 0.058 100.470 0.063
201606 0.057 101.688 0.061
201609 0.058 101.861 0.062
201612 0.059 101.863 0.063
201703 0.060 102.862 0.063
201706 0.057 103.349 0.060
201709 0.057 104.136 0.059
201712 0.052 104.011 0.054
201803 0.072 105.290 0.074
201806 0.048 106.317 0.049
201809 0.048 106.507 0.049
201812 0.047 105.998 0.048
201903 0.074 107.251 0.075
201906 0.045 108.070 0.045
201909 0.049 108.329 0.049
201912 0.056 108.420 0.056

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.


Frasers Commercial Trust  (SGX:UP8) 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.


Frasers Commercial Trust Cyclically Adjusted PS Ratio Related Terms

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


Frasers Commercial Trust (SGX:UP8) Business Description

Industry
Traded in Other Exchanges
N/A
Address
438 Alexandra Road, No. 21-00 Alexandra Point, Singapore, SGP, 119958
Frasers Commercial Trust is an office and business park real estate investment trust with properties valued at around SGD 2.1 billion. The trust owns six properties: three in Australia, two in Singapore, and one in the United Kingdom. The trust wholly owns four of them, while Central Park and Farnborough Business Park are 50%-owned. Only two properties that the trust owns are located in the heart of a central business district. The trust is externally managed by Frasers Commercial Asset Management, and parent Frasers Property retains a 26% stake.

Frasers Commercial Trust (SGX:UP8) Headlines

No Headlines