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SIR Royaltyome Fund (SIR Royaltyome Fund) Cyclically Adjusted PS Ratio : 11.87 (As of May. 25, 2024)


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What is SIR Royaltyome Fund Cyclically Adjusted PS Ratio?

As of today (2024-05-25), SIR Royaltyome Fund's current share price is $9.85. SIR Royaltyome Fund's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.83. SIR Royaltyome Fund's Cyclically Adjusted PS Ratio for today is 11.87.

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

SIRZF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.76   Med: 16.13   Max: 22.51
Current: 11.19

During the past years, SIR Royaltyome Fund's highest Cyclically Adjusted PS Ratio was 22.51. The lowest was 1.76. And the median was 16.13.

SIRZF's Cyclically Adjusted PS Ratio is ranked worse than
97.97% of 246 companies
in the Restaurants industry
Industry Median: 0.785 vs SIRZF: 11.19

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.

SIR Royaltyome Fund's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.285. 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 $0.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SIR Royaltyome Fund Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SIR Royaltyome Fund'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.

SIR Royaltyome Fund Cyclically Adjusted PS Ratio Chart

SIR Royaltyome Fund 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 6.56 4.25 19.36 17.40 13.95

SIR Royaltyome Fund 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 17.09 16.15 15.27 13.95 12.32

Competitive Comparison of SIR Royaltyome Fund's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, SIR Royaltyome Fund'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.


SIR Royaltyome Fund's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, SIR Royaltyome Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where SIR Royaltyome Fund's Cyclically Adjusted PS Ratio falls into.



SIR Royaltyome Fund 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.

SIR Royaltyome Fund's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.85/0.83
=11.87

* 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.

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

For example, SIR Royaltyome Fund'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)
=0.285/126.2576*126.2576
=0.285

Current CPI (Mar. 2024) = 126.2576.

SIR Royaltyome Fund Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.284 99.473 0.360
201409 0.268 99.394 0.340
201412 0.262 98.367 0.336
201503 0.212 99.789 0.268
201506 0.258 100.500 0.324
201509 0.237 100.421 0.298
201512 0.214 99.947 0.270
201603 0.202 101.054 0.252
201606 0.245 102.002 0.303
201609 0.243 101.765 0.301
201612 0.239 101.449 0.297
201703 0.234 102.634 0.288
201706 0.269 103.029 0.330
201709 0.285 103.345 0.348
201712 0.263 103.345 0.321
201803 0.100 105.004 0.120
201806 0.258 105.557 0.309
201809 0.487 105.636 0.582
201812 -0.224 105.399 -0.268
201903 0.766 106.979 0.904
201906 0.565 107.690 0.662
201909 0.202 107.611 0.237
201912 -0.305 107.769 -0.357
202003 -2.585 107.927 -3.024
202006 0.161 108.401 0.188
202009 -1.360 108.164 -1.587
202012 0.032 108.559 0.037
202103 -0.037 110.298 -0.042
202106 0.142 111.720 0.160
202109 0.254 112.905 0.284
202112 0.281 113.774 0.312
202203 0.179 117.646 0.192
202206 2.680 120.806 2.801
202209 0.352 120.648 0.368
202212 0.712 120.964 0.743
202303 0.113 122.702 0.116
202306 0.449 124.203 0.456
202309 0.295 125.230 0.297
202312 0.973 125.072 0.982
202403 0.285 126.258 0.285

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.


SIR Royaltyome Fund  (OTCPK:SIRZF) 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.


SIR Royaltyome Fund Cyclically Adjusted PS Ratio Related Terms

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


SIR Royaltyome Fund (SIR Royaltyome Fund) Business Description

Traded in Other Exchanges
Address
5360 South Service Road, Suite 200, Burlington, ON, CAN, L7L 5L1
SIR Royalty Income Fund (The fund) holds an investment in SIR (Service Inspired Restaurant) Corp. The company is a privately held corporation that owns and operates a diverse portfolio of restaurants in Canada. It has concept restaurant brands, including Jack Astor's Bar and Grill, Scaddabush Italian Kitchen & Bar; and SIR's signature restaurant brands, including Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose. The fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. It generates revenue through the license and royalty agreement from its investments in partnership.

SIR Royaltyome Fund (SIR Royaltyome Fund) Headlines

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