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British Land Co (STU:BLD) Cyclically Adjusted PS Ratio : 6.27 (As of Jun. 05, 2024)


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What is British Land Co Cyclically Adjusted PS Ratio?

As of today (2024-06-05), British Land Co's current share price is €5.08. British Land Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was €0.81. British Land Co's Cyclically Adjusted PS Ratio for today is 6.27.

The historical rank and industry rank for British Land Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:BLD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.41   Med: 9.02   Max: 12.62
Current: 6.29

During the past 13 years, British Land Co's highest Cyclically Adjusted PS Ratio was 12.62. The lowest was 4.41. And the median was 9.02.

STU:BLD's Cyclically Adjusted PS Ratio is ranked worse than
60.37% of 492 companies
in the REITs industry
Industry Median: 4.945 vs STU:BLD: 6.29

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.

British Land Co's adjusted revenue per share data of for the fiscal year that ended in Mar24 was €0.725. 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 €0.81 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


British Land Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for British Land Co'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.

British Land Co Cyclically Adjusted PS Ratio Chart

British Land Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.94 8.68 8.60 5.80 5.62

British Land Co Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 8.60 - 5.80 - 5.62

Competitive Comparison of British Land Co's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, British Land Co'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.


British Land Co's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, British Land Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where British Land Co's Cyclically Adjusted PS Ratio falls into.



British Land Co 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.

British Land Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.08/0.81
=6.27

* 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.

British Land Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, British Land Co's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.725/131.6000*131.6000
=0.725

Current CPI (Mar24) = 131.6000.

British Land Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.751 99.600 0.992
201603 0.693 100.400 0.908
201703 0.623 102.700 0.798
201803 0.712 105.100 0.892
201903 1.086 107.000 1.336
202003 0.733 108.600 0.888
202103 0.586 109.700 0.703
202203 0.530 116.500 0.599
202303 0.511 126.800 0.530
202403 0.725 131.600 0.725

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.


British Land Co  (STU:BLD) 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.


British Land Co Cyclically Adjusted PS Ratio Related Terms

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


British Land Co (STU:BLD) Business Description

Industry
Traded in Other Exchanges
Address
45 Seymour Street, York House, London, GBR, W1H 7LX
British Land Co PLC is a real estate investment trust that owns, manages, and develops a portfolio of properties across the United Kingdom. The REIT categorizes its portfolio into three types: Offices, Retail, and Canada Water. The retail and leisure portfolio, which accounts for approximately half of total assets, consists of retail stores, shopping centers, and leisure venues. The offices and residential portfolio focuses on offices and residential buildings in London and the West End region and also accounts for approximately half of the entire portfolio. Development, the remaining small portion of portfolio value, represents British Land's London-based development projects.

British Land Co (STU:BLD) Headlines